, 1862-04-10

fund; balance of interest to be paid out Of
the State treasury. The amount OF bonds
to Big issued BY the Governor ss1ance Is a1ofe
ing due the said Mncalaster and steb.,
Wns, principal and interest, at the rate Of
seven per cent. per annum, as per contract,
upon their advance Of two hundred and sixty
and eighty three cents, from the date Of ssid |
advance up to the time Of settlement under
the provis1ons of the act; and should the sa1d
Macalister and Stebbins not surrender to the
Governor al Of the sud eight hundred
they shall fail to surrender, and being the
tame heretofore taken up BY the State.
ahau be credited to the State aud deducted
from the amount found due them from the
time they shall have been taken up By fhe
lar: Ptoptded, That no bonds shall be Issued
b7 the Governor as aforesaid except upon
surrender to the State of the whole amount Of
the outstanding interest bonds and other
bonds and strip as he1cinbefore stated, and
fourth day Of July next. Otherwise this oct to
be void and Of none effect, as also the one 70
which this is q supplement-.
sEC. 3, 90 much of the act to which this Is
supplement as is inconsistent with this act
be md The same Is hereby repealed. NO Ia
bilitY On the part Of this State to pay the above
enumerated bonds is acknowledged, further
than ne conceded and expressed in this aetapd
the act to which this is supplement- This
act shall be in force from and after its passage.
But the holders Of these bonds general1y re-
fused to settle on these terms, and haVe eyer
since been using all manner Of expedients to
extort additional untold thousands from the
State Thus far all their lobbying and sche!n-
ing have proved unsuccessful. The leEisls-
tn1e has refused to ALLOW them, and the Fund
They have even sought the interference Of the
[ courts, and by ,7sasae{amus eudeavorcdto to COM
| pei the Governor to receive them, but fort1-
| nately the Supreme Court, az In duty bound,
at once decided that no such writ could 90
| tain against the State government Al other
| expedlents having tailed, the latest scheme Of
| the Mnca1aster and Stebbins bond holders, it
would seem, has been to bntton-ho1e the dele.
| gates to the Constitutional Convention, and
| through that means secure the Insertion Of q
| will not only af}oW them to sue the State, but
which directly and in 30 many words includes
! those identical bonds within its provisions
and especially enjoining upon tue Legislature
to provide for the Payment" alter ths Cour'
shal have rendered the ludgnens"
| 4 more gl2ring and deliberate attempt te
defraud the Treasury Of the State, end to sad
die hundreds Of thousands Of additfonal deb1
upon the tax-payfng people could not have
| been devised. The lobbyists in the Interests q
these old and unjust claims, could not have
had their wishes and interests more carefuI].
attended to By the Convention; and the Con
vention, had It been packed with tricksters
schemers and paid attorneys, in the employ
ment Of Wall Street sharks and brokers, eou1s
not have concocted more ef1ectual and cer
tain method to defra1d the State Of Illinois
But the people have the remedy in their ow1
hands; and If they do not wish to bankrup
the State, and saddle untold Indebtedness up
Oh themselves and their posterity, they vii
vote down the fraudulent and Ubiquitous IN
strument, which Is thus sought to be mad
I Torr7 IF ha If1fo T1hav
bury ii deep ont Of sight--and those who pre-
iected it along with it.