Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1864-04-18
AUDITOR ROSS DEFENDS TREAS
URER KINKEAD.

URER KINKEAD.
On Thursday las, we published an editorial
article entitled A Soldiers Complaint.
That article was based upon statements maze
to US bv a Captain in the \. I. Volunteers
1, charged the Territorial Treasurer with
neglect Of duty, to the damage OF the NoIun-
tesrs. The treasurer being absent from his
pos. Of duty lit would seem that he never had
been ,herel the Territorial Auditor, DR.. W.
W. Ross, assumes the defense OF his case.
To those who did not read our complaint, the
answer will be found fully explanatory, and
will serve the farther and unintentional pur-
pose Of proving the complaint of the soldier
and our comments thereon TO be true and
correct in every particular. The plaintiff
asks for Judgment on the pleadinSs. Here
is the defendants answer:
Carson CITY. April 10th, 1861.
Editor Gold Hill Neirs: Your issue OF the !4;h
instant contains an article. under the caption at
~ Soldiers [, mp inr, which reflects upon ).
H. Eiukssd. Territorial Treasurer. because ne mas
lnu!t no Efforts towards the negotiation ~ the
soldiers bonds - Mr.. SiHksad j. absent in Htn
Francisco deem it my dairy 70 euliGhien the Puh'
lie upon this subject. and rudcISOT to show that
the gentleman who drafted the bill ami the Legis'
latur,. that passed !t. more FrmlSs In their
duty than MIR. kia&eai has been in his. Let lne
say "a DdSSGEt, tina; 10 not think Mr. h. Is aware
that Il made his duty 20 negotiate these bOudS,
as he was in Aurora AZ the passage OF the Act
and. upon his return 10 this city. Left Immediately
icE san Francisco for the purpose of negotiating
the Territorial bonds.
The tirst section of the act entitled an Act to
\ -. as.A.
ira pay To Onr volunteer soldiers, Is rs follows :
"A sum not exceeding one hundred thousand dol
lars Is hereby appropriated and set aside TO cou-
srtute 4 separate fund to be known rs soldiers
fund, etc An liabilities created by this act shall
be paid Out OF this fund. The act then goes on 70
state how and to whom this find shall be paid
SEC. ! says that the Territorial Treasurer shall
cause bonds OF the Territory TO be prepared TO
the amount of one hundred thousand dollars. re-
deemabe at the office OF the Territorial Treasurer
the first Of July lS6c said bonds TO bear inter
est at the rate Of ten per cent. per annuni. paya
bic ~ san Francisco on the first Of january and
July Of each year yroriGsa thar no interest shall
De paid till July, lS65. The expense OF preparing
such bonds and disposing OF the same shall DC
audited claim against the Soldiers Fund,
created By this Act" For the payment of the
interest that shall accrue the bonds the Treas
is required 10 pay It out Of the Soldiers Fund
and in the event that there are no moneys in that
FUND he shall pay il out OF the General Fund, and
should there be AL iuSufciency IN that, he shall
make such arrangements and contracts rs may De
necessary for the payment vi such interest. The
nervst ryro in financial knowledge can see that II
i next 10 an iElpossibty to negotiate such bonds
In the first place no portion Of the principal
Is paid until the expiration of three wears. second
~ the interest will not be paid till July, le6s'-
IaUTC than year: and lastly. The intere>; ts!y1:
net Be paid lcass Ggt, This will De apparent,
when | say that january and July are the TWO
worst months in the wear 70 have the interest az
u k,r ~ -hta n-V.yiDu, does
not find lis way into the Territorial Treasury till
the last OF january, and it is nearly all collected
and psii out hrto-r July. that il the interest
had 20 be paid out OF the General Fund. the proba-
bi.ties are that no moneys could be found therein
Suppo>.ng the Treasurer had , 90 upon the street.
what security could he give, providing he could
borrow the money No capitalist could be in
dTced eT.bgrS in securities OF so uncertain
character; and The author Of the bill must have
been u successful dealer in wild cat stocks. and
suppose thar any piece of pretty paper would sell
IN san Francisco. os ne never would have drafted
it in the manner he dill A. TO the nor. action OF
Mr., hinSead, i can b seen ut a glance that he
could do nothing towards negotiating these bonds
unless he drew upon his own private purse.
By section lSt Of the Act" i will be seen that
a liabilities created by this act shcA Be paid ont
o. tAis tgRd.' The expense OF preparing bonds
would not cost less than four hundred dollars,
aside from the incidental expenses OF the Commits
siouer. should he tail 20 effect the loan, he would
have % SeSr the EXPENSE himself, a. it would be
claim against fund rh.. did not exist. for there
can be no such fund for :he present, unless the
bonds are negotiated rRe proper plan would
have been Tor the Legislature TO have made spe'
cial appropriation uut OF any moneys in the
Treasury for This purpose, and ;hsn the Treasurer
would have incurred 20 loss in vEe event OF fail
ure 20 negotiate. Nj IL has been in San Francis.
iEht weeks euivslvUTiCE 20 effect loan on the
Territorial Bor,ls. which have none OF the OBJ
jecioEable features 20 capitalists that the others
have In that time he has expended 5000, and
titled to this money and viii receive it some fu-
rure riIuc, whether rhs loan BE- effected not.
ANY man who Is capable OF being soldier, Is
certainly capable Of earning I; least three dollars
per DAY, and any nan who leaves ;ha: - serve
ais country COR the pttance Of thirteen dollars per
month in Ere-uJacks, i q pr:ri0. anil deserves
ira improvisation rom tue Territory. II there
was any way oP5u Tor Mr.. HnSead TO obtain the
necessary funs 10 effect this loan, Gln satisfied
ne would chsCrfuliy DO il. think the reasons
bave set firth are sufficient TO all ceuSure
from Ir kinkead Flo; US:i:ia rgG: co, iHiz
w ". Ross. Territorial Auditor.
We submit the foregoing without lengthy
and unnecessary comment. 1t speaks for
itself, as TO the kind OF hands in which the
mis-named "government" of this Territory is
placed. Without inquiring what that Treas
urer has been doing with the two hundred
and ffty dollars per week that ne has been
spending down at the Bay, We suggest that he
DC sent for inmediately and fed hereafter at
Carson, where board is cheaper. Further
comment We forbear; we cannot do the sub
ia,s iuSrice