, 1859-12-05
Tho State Treasury mud tho Chicago
Times.

tFTom tie Illinois Jcusuaf.I
The Chicago Tins last week, made most
reckless and mendRcious assertion in reference
to the Bank Securities deposited with the Treas
had disappeared and in their place vas the
prom'ssorJ note of certaiu welf.knownbaukers,
10 whom said securities had been loaned" aud
giving the people to understand that in its
next,s it Would make grand exposure Of the
whole matter. But its lying assertions have
meanwhile been branded as they deserved to be;
its promised Developments lare never appear
ed. In order, however, to escape from the
lumiliatins predicament in which 1t had placed
itself by is faIsehoods, it attempts in lntcr
issue to make point out Of the recent article
published in the Journal, In which we set forth
The present condition OF the Treasury. Its
comment, If such it may be called, runs through
nearly two mortal columns Of type, but when
sifted down contains scarcely that many words
Of truth.
The difficulty with the 1s,nts is That its strict
ures are entirely based upon false assumptions,
which it keeps up to The end. This being r.
moved the whole superstrnc.ure which it builds
asserting that according to the estimates of the
Auditor, there should be the sum Of 2553, ,074 u
with which to pay the expenses Of the current
year, and then it trlumphautly (?) asserts that
"all this money has disappeafed-" Now it is
one thing for the editor to make estimates Of
the revenue and another thing for the county
Collector 10 par the ta1es into the Treasury !;
and the bubble ibloHr b, the 1Innes is pricked
by the important fact that owing to tho de'in-
aueucY Of revenue collectors, very 1arEe
amount Of the State taxes-upwards of $780,
0o0-had not get found its way into the Treas
urr rap1ts So that instead Of The money hut
ine all disappeared" from the Treasury, it has
not ret all GOT in there, the Auditor being atthe
present time busi!y employed in bringing
| suit against delinquent collectors and their
hondsmen.
there are '*Treasury corEuptions" in the agsre-
pa,e. it ne1t proceeds to "pasticuiars" and
| lakes up the various items appropriated BY the
| Inst Legislature 10 find out SPECIAL "coE1up-
/ tions," And here again it bsses its raror;ncx
upon another fatal error-that Of assuming that
| afl the appropriations are already paid oyef in
full, Its detailed exhibits Of the leat aud Eunib
Assylum, tue Blind Institute, the Insane Hospi-
tai, the Penitentiary, 4c-, &c., start out with
| the ialsehood that they hare been paid the en-
| tire appropriations made 70 them; whereas the
| n former article, there are heavy balances Jet
due upon all these accounts, the payments be-
| inc in each case controlled by the general laws
which the Legislature has enacted in reference
! to them.
The Ifm<s being thus mistaken in the essen
tial poipts Of its structures, it is rendered uu-
| necessary To notice them further. Its grand
conclusion that there is 100000 of thepeopie's
] money at present unncconnted Tor, It Is unnec-
essary TO say, il grand lie, rs destitute Of
truth as its former one in reference to the bank
securities beirg loaned out Doth are the recE:
| less coinings Of . reckless political 6nnneier,
| who is octun&ed neither BY honest principle nor
manly purpose. Both will. equally fail Of their
intended elect upon the pubiir. -