The Evansville journal. [volume] (Evansville, Ind.) 1866-1870, 1870-10-05

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small. compared with the amonnt
paid on the other portions Of the
debt out of the general levy.
Oonoeding that Mr.. Hendricks is
all that is claimed for him by his
party admirers, we expect that he
will not repeat the above New Albany
mistake in his speech this evening.
Once more: Governor Baker, in
his indianapolis speech, charged that
the Democracy in 1859, after having
redeemed 1891, 210 of the State stocks,
under the tax levied for that purpose
By the act of 1852, aoithout authority Of
lauo, put these redeemed bonds on the
market and sold them for S267, GOO, or
two thirds of their par value.
Mr.. Hendricks. in his New Albany
speech, IN reply to Baker, says he will
allow Governor Morton TO reply to
Governor Baker. and then quotes
from Governor Morton's message at
the special session of 1865 as follows:
I'm 1857 the Legislature failed to
levy any taxes for State purposes for
1851 8, and for these two years no
revenue was collected. In 1859 an
act was passed instruGtiug the Audi
tor of State to sell socks, purchased
by the State Debt Sinking Fund to
the Board of Commissioners Of the
| Sinking Fund, in order to raise
money to defray the ordinary expen-
ses of the State government and to
supply deficiency in the treasury"
We hardly know hos to apologize
for the ex-senator for the above mis-
take. By quoting only small part
of Governor Morton's message, he
makes that gentleman say the very
reverse of what he really did assert
in his message. By what oversight
did the honorable ex candidate for
Governor of the State omit an entire
sentence from Governor Morton's
message, Immediately following the
sentence quoted by him?
The part of Governor Morton's
message quoted by Mr., II. is given
below. and then the part omitted by
him is added in brackets and In
italic.
SIN 1867 the Legislature failed to
levy any tax for State purposes for
the years 1857 and 1858, and for those
two years no revenue was collected.
In 1859 an act was passed, instruct
ing the Auditor of State to sell the
stock which had been purchased by
the State Debt Sinking Fund, to the
Board of Commissioners of the Sink
ing Fund, in order to raise
money TO defray the ordinary
expenses of the State government,
and to supply the deficiencies in rev.
enue growing out of this failure to
levy and collect taxes for the preced-
ing two years"
This act being held Uoid for Ddnt
of a title, the Board of Commissioners
of the Sinking Fund refused to act atp.
on at, but the Auditor of State treating
10 as an Instruction, sold the stocks an
open market and put the money IN the
Treasury"
IF this act had been valid, it would
only have authorized the new Board
to sell the stocks of the old Board,
as an Investment of so much of the
School Fund so that any loss which
the State might suffer by the sale of
the stocks would be a corresponding
gain to the School Fund. But if the
act had not been valid, it would not
have authorized the sale to any other
party than the School Fund. The
Auditor of State then took Uoid act
(Which could not be an instruction
for any purpose) as an instruction to
do an act which the statute, if it had
been valid, would not have author
lied.
We have thus taken some pains
to call attention to several very serious
mistakes committed by Mr.. Hendricks
in his New Albany speech, with the
confident xpectation-from the high
praise bestowed upon him by his ad-
mirers-that he will not repeat them
tonight. Surely no honorable man
could repeat a misstatement of fact,
after his attention was once directed
to it. IF Mr.. Hendricks should re-
peat these errors tonight he must do
SO with the deliberate intention to de-
ceive those who listen to him.