The Buchanan County guardian. (Independence, Buchanan County, Iowa) 1858-1864, 1858-09-30


until disbursed, is yet no part of the
State revenue hence the distinction be-
tween money and reyenue in this matter.
Deduct this saline fund, $13,971 81,
from the money in the treasury, $25,226
SO, and We have balance of rercnue of
S11,254 90. The Auditor puts it down
at Sl1,254 81, showing the enormous
sum of ONE CENT unaccounted forl We
suppose we must grant that the Auditor
OF Treasurer, or both together, stole this
amount from the State, and therefore
the people should, as Mr.. BARKER advis-
es, pay no regard to their political prin-
ciples, but unite in an effort to Dust the
whole bevy of Republicans, and restore
the Immaculate EADs dynasty, who are
SO great at making safe and permanent
investments-and who have placed sixty
thousand dollars of the School Fund in
such a safe place, that even the lynx-eyed
officials of our courts cannot find it.
Mr.. BARKER knew, when he made this
statement, that there was really no dis
crepancy between the reports, He knew
that the Saline Fund was included in the
Report of the Auditor on the LIST of Nov.
1856, and knew also that il was no part
OF the State Revenue. He appreciated
the distinction between money and revenue
as used in these instances, but yet, for
the sake of making little political CAPT
tai, he was willing to bring up an old ex-
ploded lie Of the Des Moines Journal,
and give it vitality by his official endorse
ment-by trying to pass it off as truth
of his own discovery. We presume, as
is customary, that the AUDITOR accounts
were examined by a committee of the
Legislature, and why, if any such dis
crepancy existed, did not Mr.. BARKER,
or some of his critical and very econom-
ical friends, find it out during the ses-
sion. Not word Of the kind was ever
uttered, because in the legislature no
man was presumed to be ignorant of the
facts +; but out among the people, where
such lies are not so easily exposed. our
Democratic friends seem to think them
available capital, and unscrupulously use
them.
Another assertion made by Mr.. BAR
KER, was, that the State is now in debt
over half million of dollars, although
when Republicans came into power she
did not owe cent. Let us examine the
evidence upon this point little In 1854,
VIM. PATTEE, the Democratic Auditor of
State, reported the Funded Debt of the
State as follows:
Bonds issued under act of January
18th, ls47, and payable July LIST,
1906. 49, $55, 0U0 W
Bonds issued under act of January
18th, le49, and payable May LIST,
1854. -.--------.---- l6,442 90
Bonds issued under act Of January
i9eh, iofo, anu pulaoic september
18th, 1859, -------..-...--...-. 5000 90
Bonds issued under act of February
9Th, 1852. due January lst, 1856 1883 20
Total, SIS, 795 rs
Here is nearly $4,000 of Indebtedness
contracted under Democratic rule. Let
us see how the case stands at the date of
the last Report On the LIST of Novem-
Der, 1857, the Auditor reports the entire
Indebtedness of the State as follows
May lst. 1919. Bonds payable May
lst, 1854, issued under act of JAN
! 18th, ls49, (Chapt 56) $l6,442 O5
| Sept 18th, lS49. Bonds payable Sep.
! 18th, 1853, issued under act Of Jan.
/ 18th, l649. (Chapt. 70, ...... 6,O00 90
March 25th, 1857. Bonds payable
Jan. lst, 1856, issued under act of
Feb 9Th, 1851, (Chapt 81 go. 1883 70
July 18th, 1856. Bonds payable July
| 18th, 1861 issued under act Of this
date, dissolution 80 ..... 10000 90
Jan. lst, 1851 Amount borrowed of
School Fund under act of Deem
Der 18th, 1856, (Chapt 81 for
which no bonds have as yet been
issued Observation-Disclosures. $500 90
Total Funded D,bt, $l22, 295 az
This was the total Indebtedness of the
State OH the lst day of November last
The S57, 500 90 in the last report was
borrowed from the School Fund in order
to pay principal and interest of the $685.
O0O worth of bonds mentioned in the first