Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1869-10-28

have been overcome, for he subsequently
''modifed his motion, and moved CON
currence in all the House amendments to
the bill. The vote on Mr.. Trimble's mo-
ton was as follows:
Ayes-Messrs. Aldridge, Bosom, Cate,
Cypert, Cason, Frazier, of Wilson, Frazier
of Knox, Keith, Mckinney, McElwee,
Nelson, Senter, Trimble and Thompson
H.
y Noes-Messrs Bowen, Powell, Smith,
and Speaker Frierson-4.
Thus we find that the authority under
which Treasurer Stanford took possession
of the ''school fund, was conferred upon
him on the motion of Radical, and by
Radical votes The first motion made to
take this fund out of the keeping Of the
Governor and Comptroller, was by po-
litical partizan of the Governor, and the
amendment transferring it from their
hands, and placing it in those of the State
Treasurer, was offered by Radical, and
voted for by every Radical present
in each House but four or five.
We have thus shown how the
school fund was taken from the Gus
tody of "the Governor and Comptroller,
where it had remained for fifteen months
in perfect safety" and placed in the hands
of Treasurer Stanford Now we have
arrived at that point in this game of get
ting hold of the "schOOl fund" when it
was placed wholly in the control of the
Treasurer The reason that this fund
was placed in the hands of the Treasury,
was, as we have reason to know, that
Comptroller Hatchett would not consent
to the selection of the Tennessee Ma
tional Bank of Memphis as fiscal agent.
The Code provided in section 23O, that
Z" the Treasurer shall deposit all moneys
that shall come to his hands on account
of the State, within three days after
receiving the same, in such bank or banks
as, in the opinion of the Comptroller and
Treasurer, shall be secure. The Comp
troller was memorable in his opposition to
the Tennessee National Bank of Memphis,
and Mr.. Parham discloses the plan of head
ing off that officer. The section which
they succeeded in getting into the general
appropriation bill. reads as follows:
'Sec. 43. That the Treasurer of the
State be, and is here directed, and it is
made his duty, to require from such banks
as he mag select as repositories of the
public money, bond, each in the sum of
| 5000, 900, with security TO be approved by
the Governor, made to the State of Tennes-
| see, and conditioned for the safe keeping
and accounting for paying out, on the
| checks of the Treasurer, the money de-
posted with the Secretary of State.
We have italicised two remarkable
changes which this section makes from
the provision Of the Code. First, this
section authorizes the Treasurer to select
such banks as he pleased, without refer
ence to the consent Of the Comptroller
and, secondly, the phraseOlogy of the
Code, "mOney that shall come TO his hands
on account of the State, - was changed to
the "public money The Comptroller
was opposed to selecting the Tennessee
National Bank of Memphis as a fiscal
agent of the State, and his consent was
| absolutely necessary, under the provision
of the Code, but the President of the Bank
headed the Comptroller off, by getting the
Legislature to pass a law comforting upOr
the Treasurer exclusive authority to MAKE
the selection; and, not only this, but en-
larging his powers as to the money he
shall deposit. In answer to a question
as to ''what influences were brought t.
bear upon members, or what means uset
to secure the passage of this forty-thir(
section,1 Mr.. Parham said
"Of course we became acquainted witt
members, and in a social way sought foI
their good opinion, rendered services il
the way of drawing resolutions, bills anC
charters in short, adopted all the means
usual to lobbying. In addition to these
we made promise to many members, (anC
to others for their influence, offering Il
discount their notes or lend them money
as they might need it* w
gave promise and extended fayors pend
ing these negotiations or transactions
with the following gentlemen: S. NJ. Ar
| nell, of Maury, received part in consider
alton of note discounted, and part il
cash cannot state the prOportions-ff
| ty five hundred dollars. as a loan, be
lieye. T. 5. Richards, of Shelby, partly
| in consideration of his note discounted
and partly in cash, received fifty-five hun
bred dollars. | know that five hun
dred of this was in cash sent by Mr. Rut
ter, all as loan. Mr.. Wines, of Mont
gomcry, received 81, 500. | don't know
whether he ever gave any note or not II
said lie wanted to speculate in SOM
lands in the Northwest. James Mullins, o
Bedford, to my knowledge received Onl'
$500 in cash. | don't know that he eve
gave any note. w. K. Hall, Senator, re
ceived 81 900, for which he executed hi
note, with some gentlemen from Kentucky
| think as endOrscrs. | saw
Mr.. Rutter present DR.. Mulloy with a sui
of clothes. Gen. John Eaton, Jr., toll,
me that lie was in the employ of Mr.
Rutter to secure the passage of the bin
We consulted together frequently. Ht
received 800 at one time to pay traYelin!
expenses. All these transactions were haC
pending the passage of the bill, and befOr
it passed. | disbursed about S13, 900 Il
various persons outside the Legislature {,
secure influence.
In answer to the question, "Who dix
you regard as the warm friends Of tn
measure p Mr.. Parham said:
''Thc warmest friends were AmelI
Fuson, Mullins, Duggan, Donaldson, Mul
10y, Patton, Wines and many others
these were the gentlemen who consulte,
together In the Senate were Hall, Cy
pert, Mckinney and others.
Mr. Rutter himself testified in regard t.
the persons who received money from
him to secure the passage of the bill t.
manipulate the affairs of the bank a
follows:
'FSome of them are Messrs. Arnell
Mullins, W. Spence, T. B. McElwee
Gen. John Eaton, Jr., J. d. Davis, Sena
tor w. X. Hall, W. Wines, j. S. Mulloy
F. S. Richards, D. A. Num-, Wilson Dug
gan, Barbour Lewis, r. S. Parham, Hep
burn of Memphis, formerly of Iowa, an,
{ John Martin. gave Duggan gOld-heade,
cane. There were several thousand dol
lars spent. Spence and McElwee mad
propositions, as members Of the com
mittee appointed to settle with me, look
ing TO a little pecuniary accommodation.
Here we have a pretty complete histor
of the transaction. 1t will be seen tina