The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1864-03-05


Governor Morton. 10 HE speech 10 the
Republican Convention q ,his place on the
23l inst. among other things. said: 'Thefc
= another Transaction connected with the
refusal 20 pay the interest on the public
debt. which must. u possible. increase the
adherence entertained for Il in the public
MUD. On the-dsy Of August Mrssrs. Rs-
tine and Brett. the Auditor and Treasurer.
advanced u Walker. frcm the State Treasu-
sry, the sum of fly thousand d'Ilars, 20 oel
invested by him in eur war loan bonds or
the State stocks ~ which have been speak
ing. Nessrs Rl-tine and Breu have also
taken from The treasury the Gum ~ $780,
900, with which ihsy have purchased lndi-
an. Eve per ce.s stocks, making in all the
sum Of 800 coo taken from the treasury
Tor ,ha, purpose. Ri-,ine & CT. decide that
II - unlawful 10 pay interest On stocks. but
IL j. lawful 10 take money from the tressu-
~ 10 buy up stocks themselves. redueet IN
price BY the failure 10 piv The interest -
Surely The state nigh, have been saved
this last disgrscer
On the 18Th day 81 March. 1851. his same
Governor signed and approved 40 act en'''
tied IAN Act 10 su'horxe ia. Governor q
: issue bonds. TO appoint Bard ~ L's'
Commissioners, and defining t'eir juli :
reqJiring the Sinking Fund @ 'mmi-si.,ner'
Z TO purchase DO IDS; d~fning t:.rir duties j.
relation 10 the interest received on the sains
: and Lowing = tsx - meet the payment @
4 the interest and principal ri the bonds 70 D.
4 sold IL section 5 Of said act We FIND tn
' following: .'FJr the purpose Of paying 'h'
interest semi snuusily, aud the fial ply
. ment Of the principal st maturity, on ~
q bonds in tie FIRST SECTION mentioned. an az
: pusl tax of five csnts on each one hnndr-'
dollars In value Of the taxable properly =
this State j. hereby levied. commencing J
the yesr 1861. anu the excess 81 none
% collected BY said tax each y-ar, after pay
= ing the interest a. il brcpuls- due. thall b
; paid 10 the Sinsing Fund Commissioner
who shall purchase these bond~ " they ca
% pro cure them on reasonable terms, and
e not. then to invest the same u ash-r Stsi
10 Stoke" An act approved June 4 1861. 4
y reefs thst The purchases u The b""ds 80
stocks shall be INSIDE by the Safe De-
: sinking Fond Commissioners
10 Was Go-ernor MoRroS. when he m-'
''ihs statement above quoted ignorsn' u u
- existence ofIhe law ihst he had appenv'
y or did BE- desire 20 impose ~ his hesrrr
: The law makes special appropriation
~ The money derived from this tax; II can
ussh ~ NJ nihsr purpo~c- TIE in'erf
nshs- b-en rrgnl-rly paid o. III war "
~ bpn =. and The Commissioners ~ th- ! =
neD.hf Sinking F1nd have been n-'rg :
10 residup in the purchase ~ bonds md s'"c
Is reanired hv I-w. and The Gsv~rn"r " :
STATE drnounrss th- ari ~ sbhnreni q
itisurac.fnl Had he Au'ist,r and Trer'
.slrer. instead ~ n~irs he money a. they ha
:. dine, according 20 lsw. give. u - him
4, Dun ~ institution unauthorized BY me v
~, oft' j. Stss- or " me Uritrd > stes. he
~ouli no doubt hsve been much more CT
.4isshle in hi- es'inasfion.
". RlsrISE d c.. did moi decide that i y
-. unlawful 70 pay interest on enr state rrcr
Y. The Supreme Court o. the state decii
that no appropriation had been made
thar purpose RrsrIsK & Co, respected
decision Of The Court, ~ ell men haviD
me proper respect for the laws end conr,s Of
'ear country should. When The people CONS
soal investigate these matters they will find
par while the Auditor and Treasurer Of 81
sd' have kept strictly within the limits Of
VIII Law bic Excellency has no..-S'ate Senti
The -s--
n. NV York. March L. The Richmond
sminer cay:
Nov that Shermsn's force Is dispe'