Daily State sentinel. [volume] (Indianapolis, Ind.) 1861-1865, 1863-07-09

NALEEn Agent % State. end Mess NESsIow.
LASIrE Co in regard - the proposition Of the
latter, up.'n certain CONDITIONS TO advance money
10 pay the interest due or that date. This core
spondence occurred on the oath, 25sh and 26th
DAYS OF June The FINAL proposition Of WIS.
low. LASTKR 20 skshs follows:
That you should, 10 the capacity Of the Agent
OF State, 20 on and pay each creditor entitled
thereto 90 your dividend books. taking the re
cept Of each in the usual form. you 70 draw
your e6FeaaI check on our house. 10 the order Of
each party entitled ihereto. expressing on the
face OF such check that Il j. given Tor the July
dividend on stocks These checks we will paw.
aud hold The rOaeAers until we are
reimbursed
This offer was declined by Col WALKEE on
the Doth OF June, and on the same day be for
wariei to us all the correspondence that had then
occurred between him and wISsLow ,LASrrR & Co.
for publication. Col WALLER did not refuse the
proposition upon the ground that il would make
himself and bis securities liable TO WINsLow.
LASrER x Co, in case the State fails TO pay
them" although il vas evidently the intention Of
the latter to hold the former personally re~ponsi
bic. and such would be the effect if WINsLow.
LASIER Co should not be reimbursed BY the
State. n the Journal will favor its readers with
the letter of the Agent of State to- WiNsLow,
LASIER & Co. they will then be able 70 appre
ciate the reasons which induced Col WALKER to
decline a proposition which they had not the
hottest idea would be accepted We reproduce
Col. WALKER reply to the New York bankers,
to show the considerations which influenced him
in declining their proposition
OFFICE INDIANA STATE AGENCY.
NV YORK Cry. June %. 1853
Messrs WinslOo. Lqnisr q Co
GESTLENES: Your favor of the 2ith inst. has
been received and duly considered IN reply
beg leave to say, that in common With every citi
zen of Indiana. am exceedingly anxious that the
creditors OF State shall be promptly paid that
which l. due to them The State has amply pro
vided for them all. Her Treasury is full and her
taxpayers will keep it so for every lawful de
mand All that j. needed is that the Legislature
shall have opportunity To make the appropra-
tons 10 give the financial officers of the State
authority TO dlsburse the funds hope il is cor
rect. YOU state ia your letter IN the reasons
why the next July interest on the funded debt of
the State of Indiana" will not be paid that
time publicly knouH The people Of Indi
ana. with the issues before the country upon
-
sent them in the Legislature of the State. To
prevent the legislation demanded bv the people
the Republican minority OF the House Of
Representatives, instigatcd by Governor Nor
ton, aud in violation of their sworn
duty. deserted their posts ard left that body with
nut quorum to do business. By this revolu
tOnary proceeding The acts appropriating moneys
10 deiray the expenses OF the State. To pay the
nccrung interest on the State debt. to carry on
the benevolent institutions and to keep up the
State prisons failed 10 become laws Ia conse
quence of this there are thousands ~ creditors of
the State at home who suffer already for their
just dnes. and. you mention. the credit OF the
State ahrond is also about to suffer from the an
tcipated failure tO meet the accrung interest on
her funded debt The majority of the Legisla-
ture are ready aud anxious to make those appfo.
pratons, not only to pay yourselves aud the
class OF creditors to whom you refer, but other
creditors for large amount, whose claims are
equally Just
Through you. Governor Morton now asks me.
"A an officer OF the State whose duties the law
prescrbes, To cooperate with him and TO furnish
the records and facilities of my Office, for what
purpose? Not To facilitate the State to pay her
interests TO add To her pecuniary resources
for the arrangement you propose is only trans
fer of some portion of the Indebtedness To other
parties Aud YOU plainly state that you ask this
not as an individual about 70 buy and operate in
the certificates of the State in a business way
md a. such reasonably entitled to Information
but IN connection with arrangements entered up
ON az the "enrnest solicitation of Gov. Morton
and other citizens OF the State" For an officer
of Indiana. who has respect for his duty To him
self and his State. 10 become party to Governor
MortOn'S real purpose ia this scheme, is impossi
bile. That object is not To "save the credit OF the
State" hut to continue himself in his unlawful
and disastrous purpose to override the Consfitu
ton and laws of Indiana. To arrogate TO himself
the functions of all other departments of the
State Government, and 10 set nj de6nnce the PEG
pie and the Legislature. Governor Morton. if he
is faithful To the duties of his Office aud 10 the
wishes and interests of Indiana, will promptly
convene the Legislature, and let them.
as they will do il his friends will remain AT their
posts. appropriate the money for the payment Of
the demands of her creditors The Governor
prefers TO rush into al sorts of temppriZing expe-
dents and shifts. bringing the good name and
financial credit of his State into bad repute with
every holder and hawker OF claims against her.
The honor and interest Of Indiana require that
her faithful servants and friends shall Withdraw
countenance from him in his mad career. The
State does not need that creditors at home or
abroad should he called upon 70 postpone their
demands. nor. ON the other hand that individual :
should be asked o. advance money for her The
party parties who unnecessarily subject her 10
the shame OF such apparent confession, or who
seem IN sauctou IL being necessary. IN fact
only insult and dishonor her. Governor Morton
has hs ntttisAn politics and his selfish ambition
10 prompt him. aud will not lend myself 10
furtherance OF his acts, which are evolutionary
and runous He has no ri-ht. after the people
of Indiana have taxed themselves and filed their
Treasury for The purpose of paying their debts
still Ia his obSiinacy 10 ask them to accept rs
favor the advancement of fluids from individuals
20 stve them from dishonor.
Without. therefore. intending disrespectto you
gentlemen. must decline To render assistance 70
the Govs,nor in his attempt TO carry ON the State
Government in defiance Of law and without that
legislation which the Supreme Court has decided
essential in the premises
Truly YOURS.
! c WALKER
Agent of the State OF Indiana.
Such the considerations that influenced the
decision of Col WALKER. aud what honest man
L =. -.