Indiana American., 1868-06-26

Special Dispatch to the Cincinnati Gazette.
- INDlANAPoLIs, jane l.


Special Dispatch 70 the Cincinnati Gazette.
INDIANAPOLIS, Jane IL.
A paper has Just been prepared, by a
gentleman in one of the State Depart
ments, for the Union State Central Com-
mittee, showing the working Of the Demo-
cratic and Republican administrations up
on financial matters.
At the close Of the fiscal year, October
31st, 1860, the funded debt Of the State, as
shown by the report of the Auditor, was
near nine million dollars, besides which
the State was in debt 10 the school fund.
In addition TO this there were outstanding.
Though il was not known until n Republi
can Legislature had chosen an agent of
the State to represent her financial in
terests In New York; over two and half
millions of dollars of fraudulent i've per
cent. certificates of stock. surreptitiously
issued and sold or bvnotbecated nv
Democratic apent of State. The nSbl;c
debt. without including the fraudulent
certificates. was therefore,. In 1860 when
the Republican party succeeded 10 power.
not less than ten millions of dollars.
The R.nabl;csn .d,;,;.,r.,;o, .ho.
IN 1880 80 .dm;nis,ar,ha afr.;,s oe ,ha
s,ate had hardly hacoma tsm;l,.r w;,h
their ord;..ry d,,;es whs, Snm,sr en-
.nd ,h.. nsh.ll;on oana w;,h saaI' ,a..;s,. n'
sfIse, mon ,hs .o,n,rv Uaaas ,hs -;
aa.a;as or III s;,,..;a. cs....
Fund !, nscsssarv 80 eall .n aw,.. ea sa,.;s.'
aeka a'.;.la,.ss - II. - f."
,'.,.,rs - dsI;hsss,;n, aa,ha";ss ~ 10y ~ a'so.
af w.r honds % rho smo.n, - 90 ooo aoa
,h,s nocossar;iv ;no,.as;aa,Sa $1,000 ~
sno.s;b,l;,;ss - "a nsrnlsx;ea "d 49,. 49, &c ~.
,'ff;cers of STATE
D,r;nr tho ,wo rsar. 1891 .na ,ee,
Col undson sgs,, os ,hs s,a,s oh,.;".J |
nossession ofapd destrovea a million and |.
Lale 81 ,h. srard,laa, cas,;s..,a. ~r.,as.
and ,bs rae, wera so had,,ad -, r.,
there was no further DANCER Of their heinz
shaved unon ,bs S,a,e
unfor,una,elv for The nson,. ofIna;.n.
,hs camna;vn of lsso rsinI,ad n ,ha a.
Tea, of the Reoubl;can ticket The f.;,.ro
of this Democra,;c admin;s,ra,;on ,sas ,hs
rarnsal an , mara o,ihbla &c Ian wh;la
,hars w.s m;ll;oo ae dollars;. ,ha ,.ass
ury 90 n.v ,hs ;n,ssss, On ,Sa s,.,. 49,. sI dsh,
,hsr.hv connoll;na cavoraa~ No. N,,' ~
annlv 70 and nrocnre from cou,,rv h.,ts
~ ;nJ;,;dnaIs ,ha ,aa.s ,,..aa,. -
nav ,hs ;n,arss, dns and so,;n 49,, eor
,hs 6e,a Ths Age,, 90 ~. s,a,a Jaha
: Walker NJ ,hs ,;ms . msmhsr Of ,hs
order of the Sons Of Liberty whose
ofI;e;,l du,v il was 70 receive he monsv
rron, H. Traasnror I'D ,s, ,h. ;s,.sas, -
holders of s,ocL w.s torsmos, 80 n msan;es
;n, ,hs na;hhIa .nd ,laa;n. ,ha So
a 6umilia,ine nos;iiap HE subssons,,ls
asd from h;s .,ty;cs 70 esc.ns rho .rrss, -.
the f,oya,,mant and ira dn,;ss wers nr;no;
n.l,v msnaged hv an sosn, al ;s,.r;sa woo
had been 5rev;ousIv anno;nt.d NV ,ns
Io,e,nor r. ,hs, n,,nasa
tn. Officers wha sneceedsa tho Demo
cratic ;neumbsn,. were n Renutl;cs,s The
I.a.;sls,n,a IN J.n..rv ,eeS a,o.,aS
George A. Buskisk State Agent. rhe
treasury, il was found. on account of mill
tary EXPENSES and unusually beavv nm.
preparations for the State Prison work and
the benevolent asylums, was not In Wig.
orous OF healthy condition. Nevertheless.
duriug the year 1865 the Board of State
Debt Sinking Fund Commissioners sue
ceeded in purchasing bonds and stocks at
a fair valuation to the amount OF 1884,
600. In December. 1865. the Legislature.
in special session, passed an act, entitled
Tho State Debt Bill, providing tax for
the special purpose Of exlinguishlng the
States indebtedness and describing the
manner 10 which the redemption should
be made. la July, 1866, before the tax
authorised could be levied aud collected,
with such means as they had at their dis