New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1857-02-14

Of m, fornes, ard the moneys which hsd hssp ect
Lcted ION the people, snd we're szpeDdoa IN The AZ
mu,srsSn of civil adars, should have been transfer
rcd to L. Ibst lA,e sum b nSv withheld from us IN
utter disregard Of prop1efy snd Justice
eoonzsd by the United States officers charged With its
coie c,ion an disbursement-by the Civil and Military
Governor of the Terrifory-apd may 500 oy me DC
ton of the General Government tseii, IN AloSpg
noron Of the amount TO be expended In tie Civil Ad
mnisrnop Of the Territory. To the numerous appl-
cations which have been made for the repayment. OF
this fund the reply hes ever been, An ACT Oh Co..
er-ss IS necessary 70 authorize II:
In view therefore OF the condition IN wncn tne suo-
ect is presented what measures OF legislation can Se
adopt calculated 10 facilitate this allowance ~ SVn-
gress As has already been shown our tunSeo aeo',
amounting to more than sSoV,VVoi uas oesn
steadily Increasing until the annul payments OF inter-
est, in addition to the ordinary expenses OF Govern
ment has become a serious burden 70 The people. Ine
bonds upon which this interest has accumulated were
fsued for want of Of this very fund and they are oa'
IFS representatives to that amounts 50 that our cred'
tots at ONE and sbrosd have the nigh; to expect The
application OF it when obtained TO the redemption OF
their bonds. The State should therefore recognize a.
paramount the right OF bondhoders 10 this fund ana
so leg issie Is to secure TO them its payment toward
the liquidation of their claims. The policy would
then stgg st is this: Pass an act authorizing payment
10 be made of this fund.- when allowed by Congress on
our Civil Bonds AIso authorize the Secretary OF the
Treasury OF the United States to disburse 1t directly
to the boders Of these bonds in rasole proportion
The adoption of a measure OF tbs character VIII DO
more to elevate our credit, and impress inc
world with the belief that we intend 10 pay our
debts than any other act within the scope OF your au'
tboiiy Besides We therefore inclse not only IN IRE
lively interest amongst those who are disposed 70 ac
knowledge the justice OF claim against the Govern
meft but BY thus making every bondholder personally
inter- sted in the success Of the application TO Congress,
we combine and strengthen influences when CANNOT
fail TO prove successful Provision should also be msde
for the appointment of Special Agent, or Agents. wh
q W
the prosecution Of the claim, and autbentcaaon Oh e
Bonds. This will be found necessary, as the mu uiorn
duties Of our Congressional delegation Will nor permit
them 10 give that special attent, to that subject which
its Importance demands-while, consequently, uey
lso will render all the aid their time allows lne ae
tails of such law, matter OF course must be iet
TO your wsdom and better understanding OF the SUB
iect. When you have passed an Act OF this KIND, on
tbe basis of it, merits do not tail to make an earnest
appe al TO Congress for the simple justice we demand
and do not doub that in the end success VIII crown
our efforts.
make embody substantially the features OF the act
passed by the lest Legislature, in relation to our lar
Debt, and the result of this experiment WHEREBY 'ne
larger portion ofthat debt has been iqudated, when
had been denied long after the appropriation maze
by Congress at least deserving OF some weight III
the consideration OF this matter.
NON.PAYMENT OF INTEREST.
II is matter Of extreme regret that we should again
have afforded instance wherein the credit and honor
terest AS will be shown by he letter OF the state
Trea, urer accompanying this, he made provision TOT
the payment of the July interest by intu:nog
Messrr. Palmer, Cook Co. with the necessary iundS
long before the interest matured, but from some un-
explained cause, the payment was not met, and the
credit ofthe State disnonored. Bonds we're taken oy
the Treasurer as security for the payment OF tins IN
terest which believed 10 be sufficient 70 secure H.
and have caused suit TO be instituted on them tor tne
recovery of the amount due the State-aoou! seventy
five thousand dollars. II is hoped that Ike calamity
viii not again occur.
WAR DEBT
The Commissioners of the War Debt, under the
provisions CT An Act concerning tho war DEBT OF
" the State and providing for the redemption thereof
approved April 10, 1856, with the Secretary oil Tue
board have discharged their duties with hde 70 the
interests of the people they esented and most agree
able results in the adjustment OF that Indebtedness
The Report of the Commissioners exhibiting tue
ceno,ion Of this debt is herewith transmitted AS has
before been shown, there remains tue sum OF soS'vV
embraced within the terms OF the appropriation made
by Copgress-aso warrants for which bonds have not
been irrued amounting to slo,co Oeing IN INC 10
gate s56 900 There alec ,enaiI ing interest due on
the bl nos redeemed by the Secretary OF war; the iur
Their sum of Sl6l l2U 81 These sums aggregate S@io,
GO g. of which but $50 900 bears interest Great con
fdeuce is entertained that Congress will at tue present
session pass 40 recognizing the remainder of the
debt ana prov diDg tor .ne payment oil the same IL
this is not done, the State must make provision Tor It's
payment as an act Of Justice to the holders OF those
securities
The duties devolving upon the Board CT Commission
ere and their Secretary were much more pIouscted
than anticipated Their services were valuable, and
would suegest that additional appropriation OF a
rear or able sum be made TO the Clerk OF the Board
AS will be by reference 20 The Act no compenss'
ton was provided for Of tie Commissioners Gen.
Dtnyorl suppo sing those duties would be performed
BY him during his attendance as member 81 Congress.
But that this ndebte might be adjusted without
delay he remained at Washington some weeks aiter
the adjourn nent of Congress, and gave bis undvlfe
attention TO the business Under thee circumstances,
a proper allowance should be made hn for those extra
services.
REPLY OF THE VIGILANCE COMMITTEE.
To the Members Of the Commitfee Of JiJidNec.
GENTLEMEN: You are aware that your Executive
Comuittee-wing suffer misre presentation rather than
awaken controversy cngender Ill eolnghave c,hy re-
Trained noticing correcting the ISLANDERS add
which mics Of the late reform movement
have so indus,riously cScblated.
The undersigned realized the wsd OF that conciatory
course We second the srdor OF desire to
have past differences healed and should address you
but for peculiar circumstances which, they ayolye sons
of personal integrity and II panee might
upon the cha scttr Of the eniife body ustfy
brief presd before the fats May Of have
already thu: Gov Johnson in bsrecent Message
END, upon the Committee OF Ns aDce tue
charge having deceived hin the fs object for .nh
formed. w that this fc Upon
necessity OF only showing 10 the world that Gov
johnson he the sympathy with The Committee
lime lin tine capacity OF pnyste czen1 NJ vouo
tsy repeatedly ana expressed 10 Us Dt O fs
also the statements by which be endeaVofs 70 make
ch.rze ot IA usrt o. nj zee