The weekly pioneer and Democrat. [volume] (Saint Paul, Minn. Territory) 1855-1865, 1859-08-26

the longest time allowed them by law, to wit !:
1856. or thirty years, for the final repayment Of
the new loan.
Tn. bids pere ehsek.d from ssbstant,oi m-n
al home and abroad. Besidss, Il scas a sort Of
pubic secret amo~g msnsysd msn IN Netc York
that there ras 10 Be- some foul play in the Gpard
ing Of he loon, and that johnson and Ludlow
had inside opportunities denied TO others. All
these matters, to wit 9 superficial law. mex.
perienced negotiators, the proerastination Of
the General Assembly and the Fund Commits
sl0ners in bringing the loan forward, . suspect
ed place 70 negotiate 10, controlled and sur
rounded a. it was by suspected men--.these are
the causes which deferred real capitalists from
coming forward, and which threw the loan into
irresponsible hands, and made Ohio State Stock
fall from 100, at which figure they stood in
January 1856, to 1854, difference Of 81, or
! el32 900 on the g., 400 900. And that was he
! penalty the State paid for ceasing to occupy
that high and strong financial position which
| was pre- emInently accorded TO II among the
other States in this Union.
! The bids, such rs they were, were opened at
noon on the day named; but whether At the
State Office In the Trust Company, and in the
| presence Of the State agent, Is a matter of dis.
| pute between that officer and the Auditor of
| state. We do not regard the decision Of this
! point A. very material. The bids were. either
| opened or unopened, taken to the private rooms
OF the Fsnd Commissioners, at the Astor House.
"a siG.r.,cas go. hn,.' w - MI %, 80
/ thew 80 s.,,,.I -. ..I,i, - H. ~
Sch.,"s ~ nsa,a hS ~ nh ~ a. - v;
Commissioner agreed to award the loan to II.
| A. johnson Co. The proceedings had in re-
| laton thereto are fully, and we doubt not, fair.
| ly detailed by Auditor Wright, In his testi
! mony.
! n fo,..on. ona.,,",a, vi. n w.
ma hoJ .olJ h,m.siSso Ia,,... nj ,t," =,
| W,i.h, in,a ~. 800, ~ "u ~
a.. -. sS Su Da"" ~" -" ~ ~
I'm, ,r,,I iV,.ah, snaI. g - ,t IT, ,o,. ~ ,A,,
monv EMBELLISHMENTS, ,h., ~ at ,ne "t, ss.
niy ~. ,nonav n.sdss III. ., '"Vuu "np
! signed hu anJ;,nr 49,, - D.. " 1900 1900
81. - n, ~ 49,. a"u n"aI' 90
whicf w,,,,h, o.. WY ~
$50, w "a'e oeo" .v
80. o., -. ~. ss,an, '""'' ""''" "'s"'
IN. ,.,,..a @ p,
,.J ,,o,f $500 - d., ~ 80 ~. '.'
n, MINI, ,a..,I.. ~. go. ,.,.,I a., ~ ~ 80,
Yr,n $50, ~ 49, 80 :" ~
80, - .'.r ~ oa ',P',' """ a,u""s
,.,....'.,' 80 -. .'S -. 70 -" "'"u "ey
1n,,,fo,n,J If aal., r., IN .oa..,n"a Z, ,a",s
,r',a. 80. ~ 49, a ~ "'e.e
IN .s,..', , 1872 WI. "ieh', my Peisss
"ansa.ns 'I u"n .aa,,.y 'ns"e"' 1" MS
p.CcD IT.. rsr T,55l IN ru -
ua,. 800. ' 10 in' nn . a 70, All "s
Iic.t,ana 90 a., ~. OH o. '
-. ~ u"' NC "s, .no ,eau, 70, Io'
anu 'vnnson' a"u .ua. l'iro us rep
90 ha,,.. -. W.o "uu o'n.i az o'e. 'eu
monId.J n" H., va" rs, ,i,"h va. 80, De
r.. .s,.,, 10" anu 'n1' VI. '"o l"'.oi
80. guy ~ "o ."o "o'o es".' W
$3.50, ss ., ''u "''' pi''o'p'' "Sr an, us.1 "
WIN Tu.T piWrp pr"rivrn % % ,,r
,v,,D, =, :. 20 DAMN rNb''hp
n', nSp ~ u. ALoNn u we ihe
60 -" ~ Dho" ~" ~ .Noti.o
,in' 81 ,as,I' aau .nat I" .'sa. "As '"e
~ 81 naIa' Io' 'u."'e .u'n.e".s ~ Luz.
-" i 80. n1 s'", mn y, ,"o"' ae
m,n,css,iv - =" ~ ,sa".n,'. ~,
saran, .;y, sv go W ..is s' Wy un
y., Go -, 49,. ,s.n, ~, anu
yy.i,sh, ~, ~, $3.50" . =, 80 W" s,ea'e'
ss.a,iIv We, anu ~ uoes "o' hec'
Thai oou 80 ~, vie /" y, ."o
w,ah, 49,. in. .u ,ai n"e, anu
s"'' WI. 'n'It.u y, iuuio" mouse. TOT OBJ
tably true: but il was no, TO secure the award.
ss Una. haa pesn ALREADY made, " net publicly
OF that visit is capable Of an easy solution. II.
tho ioa" .nS H. 10 nan no money 10 ih'es. 10
the 10 per cent, or $40, 900. a. required by the
nm, Of that pays o, , ,hsr b.rnsn ,, Gu.
to be accomplished at that evenings entertain. !
enough to make Il .nnp.r w"r. ,ervsS n nD'
, , nau .hsh' ana AZ al tunes, aperiect I'M
tho release Of the 10 per cen, was aiI.important
wnsht granted that, and thus unconscious OF
he would take care OF that" he consumms,ed
.ne ensss prosramne OF johnson and Ludlow
Relying upon bis success in ,his vital point, /
'ohnsSh nAa .aken Inc whole loan, ana re'so'd
Thus Johnson 4 Co. had an unfair advantage
abled the Gentlemen n,er".,ss 10 Sspnr r, ,n ed
and through which they hoped to carry gu, all /
Iteration y
cure ar', the whole loan, and then to resell i,
m. tasinS os ,Ss io,, an "U ,nys.,u ,aa
or advance of money in their part. they would
Tho ovo.,o,ou,o, ,.ou ,ho ,or,n;,,o,
shows
r., r,.,p,.t,