The Cadiz Democratic sentinel. [volume] (Cadiz, Ohio) 1854-1864, 1859-03-02


place Before the purchase and deposit Of he
State stocks, however. the bank had hiled,
leaving the Treasurer in possession Of the cUllat
erals and the bank of the $le, 500 Of illegal cir
eulation. This circulation was delivered 10 the
bank in May, 1854. 1t further appears, that
SIS 600 of Cleveland and Pittsburg Railroad
Stocks thus forwarded by the bank to the Trea-
surer as collateral, were, on the 18th Of July,
| 1855, transferred TO Bartlit d Smith, of Colum-
bus, and by them, on the 22d August, 1855,
transferred TO John Thompson, of New York.
The bank stock, being that of the Canal Bank
of Cleveland, $4,000, not having any value,
has not made its appearance.
The testimony Of ]. W. Mcmillan, in which
| is included copy Of his letter to Mr. Breslin,
requesting the issue Of this illegal circulation,
and containing a particular description OF the
stocks by numbers and amount of each eertih
cate, will be found with other testimony in ref F.
erce particularly to the Canal Bank of Cleveland.
| In this case, The testimony of Mr.. Breslin and
Mr. Mcmillan seems 10 be directly in conflict
and with the hight before us, we cannot under
take to decide as to the truth OF either. We know
that gross violation of law and official trust
was perpetrated, and that whoever may be, IN
fact, the wrong -doer will in his own conscience,
if in no other form. be fully condemned.
| AS we have before remarked, it would enlarge
our report to an unreasonable length, were we to
the Treasurer and others, that has been disclosed
by the testimony. The public will have that
before them, and it will excite, as it properly
should, the astonshment Of all, that such trans
actions as are detailed in it had not long ago ter
minated in loss and exposure. .ls.
One of the most unfortunate disclosures rthe
parties concerned, was that made in the testimO-
ny of D. W. Deshler. he states that he frequently
made loans to Breslin from the Clinton Bank, up
on the deposit as collateral security, of the cur
rency of other banks, of which he. as Treasurer,
was the custodian of the stocks. These transac-
tions were in amounts of SIS, 600, $40, 900, and
Sl5, 900, at time, His suspicious were excited
that the notes thus deposited were notes returned
to. him rs Treasurer to be burned, and that they
were not legtiuately in his (Breslin's) hands" !"
That Mr.. Deshler should have mace a loan when
he suspected that such was the character of his
security, will be surprising to all and how he
was to make his security available, in case of
non-pay yment of the loan, except bv threat of
exposure to Breslip, or BY again putting the notes
in circulation, will also be just subject of en-
quiry. 4 ..rag....
. The amount shown by the books of the Treas
urer's office, to have been in the Treasury on the
18th of January; 1856, as we have stated in a
former part of our report, and for which Breslin
should account, was $204, 1857 95. To this
should be added the amount received by Breslin,
not appearing upon his books, or those of the
.Lo Is., 'io, ~ M.'ohan IasR onS tha 1G,h ~
Iny,,a" i ieks e7sn Tx m ond olsn tha ca,ol
pal y c,Ia1,oi,,S no5or,,,t;or frd ~ eoa 7aG-
9s AZ n1,,a,,nt fnr xrh;oh Rrosiir obould
~ naA an ~ a-r;uo.;nT of h;s-ot;n 81 oSn
400 M IN M W. ,,rt ar,roas ,r;tb tbat oscsr.
tanned and reported by Mr.. Sparrow, and we
have been unable to discover any errors which
can materially affect it. Assuming this amount
aoo,,tod ca H., NJ Rro.l;n In his last oficial
os. So 1t Tho Traosur, had snstansd
49, ~ ~" $50 " ba bont ers select
ad b,, IN ~. 5anos;tar;es which we have here
~ ~ 10 "a - ,uara oIs f,lI,, do.a;Iai
:o'ole hoooeu, "nu " NJ, TarIorat ~ -,
r ~ Une "s Il: " of NJ Sna,,U =,
. ~ ano",r4 ~ of aood Sas G5 Tbase denos;,or,
,no,o''o .rae "o''uA' VI @'1'NN :.
W, .n,, aoe or, q.
Inc Commerciai n nank .. Aoieuo'''' sSoS,i g. a.
vi OlCy ~ PanK n vi Sineilna'i Ul a99ea a,
". ". zones o. oo''''''''''''''' En7SS ,SS ., =,
Daniel beckel.. ....'.'.'......''-'. 'o''o' ~
f oo- COG G.
Y a, ocn 'c" nc "
Deductlng thls sum from tlie o@ o
8 and tnere remains oulance Vi 3oco'9'' o?l =
J. winch snoulu nave ueeh pau W passiin !" WV
son on the iatn day % yanuaiy, io'o, 'U ~. .a
tne ooons m uu 'te III =. ~ ~
tAe tTeas0'ef'j N'a''' 10 ''''0 "pp'"'' sD'
e aete1"ane s, u. ;, !.
nat me whore ol this sun "ss Nv. Pair ~ ~
: Mr. breshn 70 MS succesSol, W. oosp",
: estaDhshea py Cue eestlnopy W "nion "o n"S
/ ieiesrsu ~ .ne prooGuips PI;., ,,,'
Aau 10 %naV eA'enS D.sS o, M o.;
t oSuets' 1neir coheueieVs !. 1le
pie ior ts non-paymren'' 70 us1 y ulsoiooe,
a oy the testimony. raS eo'''ooo .. was e no'
n at tha6 u.he' III Uhe irasuiy, 70 oel's'n ".
7, Portlon Oh IL nao peen aos.tao@u' anu invesOe'
,e ana lose III VARIOUS on
iegai LahsacIlons ~ .ota one " .nS o.ie,
y e'e C.. a.. nSr,ora;h, ,I;t,, ,,o, nra olore
d we cannot hx inc reaPonsioily upon one aiTat %n
l. wneh we oeieve III u 1ns Colnpllony " " on !.
d amount lor WHEN en DE nt sno
es Gioson was Sooo'coo '4 w1lcn' AZ were s a.
that Gibson actually Iecegea o Woula 40 leave ml M
Of preshh oeiauieer lor 70 SUI ou' u ~
n, 7iosoh Deiore ne pecnne u 20a'e, wa
IS inpircateu WIN Dresli ais
the reasury' snu coarI ~, ne
e. as ireasuteI oo'So Tnh T - ~ ~
6, piVer1eo anu ios. Sy So1n u uo ,h wi' onf
en- q. olIson as conieus,a.e ~ 1i ,ne ount
n lor--of John G. Breslin from the cetnmencemeI
q. this, be, and the bank OF which he was Pres
ia dent, often, to his knowledge, borrowed none
on OF oresmn, ana ln sucn sums 10 ~ piecluIe y
possipiiiSy " the ausen0e VI
y, as 70 tae source from Whenee eney weLe CUISINE
en- ana MT Iiosoh wen Ane" Uuas q, 'ne ~ o' lione
whicn nad tnus peen SIAsn NJ. Sio leasu I
couid not oe IN A. 'or hiin " ieeeLye, 81 anu
IN tnereIoie atee.n pSeo w "aie "i0ns
the success oi ies eonoea'lueO' -,
In tnaS P1rS .. oui fepoig nns is sPeol"n ~!
1sh iefehce W nli' ~ Sa