, 1859-07-22
The Two Funding Operators Con-
tfAkGed,
[Froh the Sp<1a.f-ld Jousnal-l

1 lrIu11 Tue SQ&1ESn-la J0a1oa1-l
| LIST. The Macalistcr anil Stebbins bonds ore
genuine outstanding evidences Of Indebtedness,
which were regularly s,ucd by the State and
put into the lauds Of tue abovc men for yalu.
able consideration. Their validity is questioned
| by no one, the Gully point Of dispute being As
to Low much the State now owes upon them.
| On the other hand, the "'ninety da, 8 cheeky
redeemed in full BY the State and put into Mat
tesou's hands, were tetoniously abstractcd from,
their place of safe keeping Ly sosatJodg ~ and
! fraudulently funded by Matscson himself, who
eau giFe no satisfactory explanation of tue mag
| ner in which he came By them, md as to which
| the public eau only infer.
I'd. Tue Macalister aud Stebbins boudhclders
hare not received one etnt from the State, either
Of principal or interest, on account OF their
funding operation, and will not receive nny.
thing until lle Legislature settles the amount
Which Is right aud proper to be paid them.
On the other hand. Gov. Matteson, rs the
books in the Auditors office show, guuged the
Suite to tue tune Of s3s3 100 principal Ind in
terest, on account Of bis canal scrip operation
I'D. The Republican State officers, satisfied Of
the ireguiarity Of the funding Of the Macalister
and Stebhins bonds, promptly repudiated the
whole transaction ind hare taken such steps as
wilt secure the rrlurn. If they hare not ALREADY
doac 50, Of the entire batch Of new bonds which
hare been Issued.
On the other hand, Gov. Matteson has been
enjoying for years the fruits Of his immense
fraud, and he has still fire years giren him By
the Legislature before be can be even called on
to refund the amount which he has taken out of
the State Treasury.
4th. The funding Of the Macalister and Stcb.
bins bonds was authorized by Gov. Disseli II
fund commissioner, under misnterpretalion
Of law Of tue Legislature, the bonds them
selves bling owned by other parties aud he
barring. no interest in them Of any kind, either
immaculate or remote.
On The other hand. Gov. Matteson himself
presented the fraudulent canal checks to be
funded aud drew the whole $3.50 10 the
names OF tctlcous personages, be being the sole
recipient Of the proceeds Of the hinge swim
die.
The public wilt thus be able to see that there
is i vast difference in the character Of tile two
transactions. The one, eren in the harshest in
terpretation which can be put upon it. was bnt
a H,isapprelension Of The intention Of Inv;
while the other has allthe circumstances and
concomitants Of high handed and deliberate
fraud.
hut there is another most remarkable fact in
regard to tue two Transactions, which we cali
upon the public to note In relation to Cor.
Maiteson's bold funding operation, the Demo-
cratic papers Of tue State L2re been as dnnb Is
oysters. Ihc5 hare not, cue of them, ever
dared to let their readers see full and circum-
stant'a' statement of the asfair. They hare at-
eNtAtI$~4 va @A%4 NN-2*sNoa ~ A&IQ2AEE AuG
nifty Of the crime which has been committed
entirely from view, or gloss it orer as matter
Of no public consequence They hare thus far
seen nothing in Ex-Governor Mattcson's conduct
to coudemn. So far from this, they hare BE-
come bis spo'ogists aud defenders, titus making
the Democratic party assume the burden Of his
conduct. Further than this, the Rezister open.
fy arplauds one Grand Jury fur is f.stuttiti-
cation in first indictins him, and then by some
ieagerden4n, votsng not to and it has ike
wise made itself the champion Of she Sangamoa
County Court in packing upon the people an-
other Grand Jury Of Democratic paftisans, ev-
cry one Of whom il understood 10 be q man
''whom AAtteson Gnu count on We ask the
public to contrast this conduct on the part Of
the R<gist<r and thc other organs Of the De-
mocracy, IN reference 10 the Canal Scr.p Fraud.
with the manner in which they hare attempted
to magnify, e1aggcrate and swell into import
ance the AcAllster ind Stebbius aHAir, The one,
which has no guilt or fraud attached to IT. is
serted up with most stunning typographical
display-thc other, BY which the Stase has been
defrauded Of $ss5, ,tk0 in money. is wholly is
nored BY them.
We leare the people Of Illinois to draw their
own interences. But We arc much mistaken II
they do not detect the trick which tho Democra.
q are trying 10 practice upon them, and see in
the smoke which theE nre cudca:otiuE to raise
over the Nacalister and Stcbbins matle1, bare-
faced attempt to shut out Of view tic huge Mat !
aesonian swiudle which las been pespettatcd |
upon the taxpayers Of the State.