, 1865-02-19
Uhicage Wrtbt1,1e,
SUNDAY. FEBRUARY u. 1856
TxlB $4,000 SwINDLE on THE
SOLDIERS FUND

In our local columns will be found two act
Of the Legislature respecting Cook Count:
war bonds. The ono was passed February
and the other February Is, 1865. The drs
act authorizes the Board Of Supervisors 10 ID
sue my sum not exceeding QUO million . {.
dollars, to bear not mole Than sevch per ec''
interest, md payable at such time aud f'iaeo
Is the Board shall fix. From the proeeeas o
saId bonds the bounty scrip Issued iass Aa
shall bo redeemed and the residue usco 1'f
the rr}fef of famslies ofsol1lers. ihe SECOND
.ot authorizes The Board TO Issue million
and half or bonds on the eamc terms, for
tbe purpose Of paying bountics under the
,,rcarnt call and for the did Of soldiers fam
lilies.
But there are two things connected With
these acts which seriously impair their value
to the people. Tho first Is the commission to
proyidc that holders Of scrip may convert it
into bonds at pleasure. as the case stands
tho bonds must first be advertised and sold
for what they will bring. Then the proceeds
must ba paid oyer to the county Treasurer.
and afterwards, at his convenience, he may
redeem the scrip. There Is no authority siy-
en- to exchange bonds for scrip even ut pre-
rnium. Why was this important clause omit
ted There is only ore answer I'm order to
enable the County Treasurer to pocket S25, 900
Of commissions! The ath section Of each act
provides that when The bonds ere sold and
the proceeds are paid into tue County Treas
ury the Treasurer shall pocket half Of one
per gent. OF ~, 500 for receiving the money
and one half per cent for paying out the same,
being ST., 500 morc, or $25, goo for the double
operation.
We don't believe the peoplc OF Cook county
will approve Of this swindle for the benefit OF
Jake Rchm and lis partners In the operation
We don't believe that the ,tax payers of Couk
county are willing to allow the County Treas
urer to fob s35, COO Of money appropriated for
the relief Of soldiers families aud to encour-
age crlistnscnts. We are informed that tho
profits Of the Treasrrer's office. exclusive of
this S.5 600 roupe. will a1nonnt 10 so5 nm ,,ar
aeknm. It docs seem tbat this cnormons
snno ouoht tn he sii,fa1clcrt In eattsr- Tho ~.
rncttv NJ the Trea snrer md b,s n.rtnars
1r,thont rr,h1,;np so5 M, moro mi ~ w., eo1
d;crs, fund. We trust tl,at s,mc wor mn, ha
dev;sed In defeat this wholcsn1e n1nndor;,r ~
ofthc 1uhl;c moneys.
The bill. as it y,as drawn bv W " Far
we'll Esa.. bv order of IN. Roard of s,ner,.;:
eors and sent down In +1,a I ou,e,otn,a d,a
mt contain ,te sa3 eco ,,r,b sect,on IN.
was inserted at the instance Of the conntv
Treasurer and the .lothyn Nc are oston.
ished 1tut our Cook county delegation did
not discover aud cut out tile inicrpolated
swindling elause. If they did discover it, we
arc yet more astonished ut their allowing II
20 pass. -,
Ane olii' Us ufa"n W the Board Of Super
vtsors, provided that the Supervisors Of Cook
county might, In their discretion, exchange
bonds Tor scrip, or receive scrip in payment
OF bonds offered for sale. But some person
TOOK Inc liberty to strike out that valuable
sec1,on. IN Order to secure the &25, coo swindIe.
As the act now stands, the Supervisors
are obhgeo 10 sell the bonds for wAat
tue! VIII pf1n5 and pay the proceeds over 10
Inc 1Ieasurer' lAcy may not fetch more
1nan oo OF ~ cen1s on tne dollar, aud the tax
payers may 1neleoy 1ose from quarter to
halt million Of dollars We hope they may
realize al least par, but there Is danger they
may nave 10 De parted with at q discount.
"hht onslncss had the County Treasurer
or any other lobbyist to medd1c with the bill
drawn ly The Board Of Superyisorss It was
most impudent trick. and merits tic
seFerest condemnation. When the Boa:d
next meets, they should take some steps to
defeat the sSs', ,0co swindle, md By resolutions
dehouncc the in1erro?atlons and cmascula-
tions practiccd upon their bill. We mis;udce
the feelings Of our citizens, if they tamelr
allow thcsc frauds and wruucs to he per-
pctrated upon them without resentment.
~---------------.,
a .sTf' = Sft1. EnEnE .H.1t1;t! oN TIE
~--S--s
from President Blanchard. of Vhco+on ~,
1egc. In defense If what hc ,T.cts =, ~.
nominate the American col,eoe corrse ),
which he SAWS ia .an American iae, cn+
down nearly one half ftorn that of Tho E,,,,;s,,
universities which were in sone resncrta tfe;r
t7pce.n What sbou,d WI th;r1. of q n,o,, w.
claimed ia he n native American. and to NV,
it produced his naturalization nanc,s show.
inc that he wa. hnrn in f,rrinn co,nt-x
hut had loat hoth 14ers s;nrr c,rn;,,r ,,nro o,,a
being an Eug1lsnman tt cut down onc holfr
he was therefore an Amer;ran, ~. boro
some American ideas In t1i5 country sncf, n =
uniycrsal suffrage, steamers. the tr,cvranb
1he cotton giu> DC, We have failed to learn
that an "American idca" is IN s'Enslsh
idea cut down one ba1f.'' or that ss American
ideas' have "Euglish typcs'' greater thar,
themsclyee, Such; We should cali, stAmcri-
can plnchbeck" limitations Of English gold''
in no way c1cditable to our originality. Oi
precisely this class Is our "collegc course. y
President Blanchard argues that tile classical
educational system has existed without sub.
stanffaf change or Improvement fi,r 4zra hnn.
dred rc,rs. The Chinese educational system
has existed with still lcss Improvement fnr
f.ro ttopconJ raora H.. 1,,.o.. a., -.