The Evansville daily journal. [volume] (Evansville, Ia. [i.e. Ind.]) 1848-1862, 1860-09-13
GREAT SPEECH OF
Hon. Morton G.. Hunter.
CONFINED.

CONTINUED. .rs-s rv
I now come. 10 his reasons for yeteing the
Embezzlement Bill. He says, e" sufficient
was developed during the session (meaning
the special session. to make me believe that
a conspiracy was entered into whereby two
things were to be accomplished, one was to
loan the banks of the State all the revenue
collected, the other to divert your common
school fund from is Legitimate purpose, and
apply il to the ordinary expenses ofthe gov
ernment' Why should he come to that con-
clusion What did the Legislature do at
the special session that was SO wonderful and
alarming to the Governor. Just this: they
proposed not to levy a tag, but to borrow
some money from the sinking fund to pay
the debts of the State, Just the very same
thing that Gov. Willard and the State Off
GERS did few months previous. But he
says enough was Developed during the extra
session to satisfy. him of two things, &C.
How one act could satisfy him of the mat
tiers complained of, l. cannot conceive, for
we proposed no such thing as stated by him.
What did we propose to do, abont which he
20 much complains. TO make temporary
arrangement until the meetingiof the Legis-
lature in 1860, for the borrowing of money !
from and the safe Keeping thereof by the
sinking fund commissioner The sinking
fund was the only fund that had been safe
ly and securely keptand managed. AS we
had but little money in the TREASURY, and az
an excuse offered by the State officers for
loaning outfof the same, that we had Mosaic
place prepared for the safe keeping of itand
under our depressed financial condition, not
feeling able to prepare place, we thought
best to borrow enough money from the
sinking fund to answer our purpose until
81, - I 81, l
then repay the sinking fund our loan and
apply the residue upon the debt of the State,
and in the mean time, the sinking fund
board was willing to receive what money
came in and give us credit for 1t as it cams
in, and thereby stop interest on our loan to
the extent of the payments received, this
sinking fund Commissioners in the last Eve
years managing n much larger fund than
came into our Stale Treasury, yet it was
managed without the loss of one cent while
our State Treasury has lost hundreds and
thousands of dollars. Wetherefore thought
the sinking fund commissioners safe cuslo-
dams for our money until $50, when the
finances of the State would be in such con
ditiou, that safe and secure building might
then be erected: But the Governor and his
friends not being satisfied with this just and
economical arrangement, saw fit to defeat
the bill and required US at the regular ses-
sion to spend days and nights in maturing
another. Every Gne knows that the system
is a vast Improvement upon the old one, but
the Governor by his veto crushed it and
again fastened upon the people for two more
long years, the old, reckless, extrayagant
and ruinous system. -rt--. -s-
The Governor complains bitterly of the
second section Of the Embe1zIement Bill,
which il. as follows 'Second, if any officer
or other person charged or in any manner
entrusted with any money, funds, or so
curities or other property belonging 10 this
State, or under the con roll of any county or
officer thereof. = ali convert to his own ,Iss
or TO the use Of any other person or persons
or corporations, in any manner whatevs+
or shall use by way Of Investment in any
kind of property, or shall loan with or
without interest, except as allowed by law,
Any portion of such ncuey, funds, securitie:
or other property, he shall be deemed quilts
Of embodiment and upon conviction there
OF shall be imprisoned in the States Prison
not less than one, nor more than twenty-ou,
years, and be fined not exceeding doubt,
the value of the money SO renlbeZzled, aut
sny failure or refnzai-cf sIch officer or per
son to pay Overer produce any snch none
or property or an J, failnre by such officer o.
person, when required by law, shall he he'll
pYirtI facieseEidence of such embezzleneni
aud it shall be competent aud prinlG taci
evidence for the purpoSe OF showing a bal
Ance against such officer or person to pro
ducs Transcript rom the books Of the Au
ditor of State, or of lhe county Auditor 0