The Toledo chronicle. [volume] (Toledo, Tama County, Iowa) 1873-1924, 1873-10-02

there seems 70 be little use il tryiun
to sAtlsfy them that there u honesty
Of purpose 10 the world. Ts answer
them would be as usslsaR as reply 1g
TO the questions Of Lord Dsalrsasy
to bic lady love: .Doss yosf bro.
ther love chesss ?" was the quesslon.
II have no brother" abs repl,uA
Swell, It yos bad ; broshss, kouid
hs love cheese p vas agsiu aske1.
; Before l, leave ithis 4usslipn, j do,
sifs to say Ous thing in rsia,soe 70
il. I bsli.vs very nsoy unjass sriai.
sisms have bssn tDads,upon ,hs Y,us.
tees in rslatiea 20 Il. Il il .rLe
soms Vt thoss Trsstsss were on the
Board when - l1s11r waAelrnseA
and permitted to slide along without
giving bond. Hut when you oome
TO oonslder that these trustees, were
often changed under the law. aud
that new ones wero constantly com.
ing IN, tosethe: with the tact that
the college - rapidly developing in.
to great Institution, giving them .
large amount OF business to transact
a. each meeting OF the Board; and
tho further TACT that Major Rankin,
being both State Treasurer anu col.
iege Treasurer, might lead some to
Tie impression that QUO Offivv was
auxiliary TO the other, you will
readily see how the Trustees mirhs
b. led lnto this error. know these
men well, aud | never saw men more
earnestly anxious tor the success Of
~ institution than these mvu were
tor Tho college. The President II
the institution 10 noble mAu, with
his soul oil On fire Tor The SUCCESS vt
the New Education, OF which he 70.
garis The college A. The champion
aud model. l shall never forget The
look OF disappointment with which
he received tht Information that Ma.
jor ltaukln had been tamper,ug With
the funds. Aud would tsel grisyed
myself it the College should w mado
= scspe goat tor Major Kank,u's sins.
and should, in consequence OF this
Information, lose any prestige among
the people.
One other matter: It rsiers to
the responsibility OF tho Republican
party. Since they came into power.
now something. oyer ssysnle~n .xsaes.
ago. II has ba,lt two Insass Hsspi.
tsls, Dsai and Dumb lnstituee, cad
an Institution tor the care and sdu.
cation Q; the blind. threo Orphans
Homes, and State Reform School.
aud an Agricultural College, aud has
put the State University on its test
by erecting additional buildings, and
giving it faculty that has made It
one OF the best Educational Institu.
lions OF tho Vest. In doing this.
and paying the necessary expenses Of
The State Government it haH collect.
I'd and disbursed $l3, 1920, ,O63, ,56, aud
out OF all this it has Loaf, through tho
agents who have handled
he money IN all their vast trsnsao.
lions, S3S, 1000 by Major Rankin, and
t2O,OOO ot Swamp Land Fund, taken
by clerk in 1866, before it ever
reached the. Treasury. Without ex.
cuslng emLezslement in anybody. yet
may be permitted 10 ask any bus,.
ness man present, it, IN the businsss
ot the last seventeen years, hs has
not lost, through agents which il has
been necessary tor them to employ,
10 collecting and Disturbing, more
Lhan one.third OF one per cent. Of
bis collections and disbursements.
and this is what they amount to al.
but 1t Major Rankins prop.
erty pays some portion Of it, and ,s
will, it will amount % bat
little over one.sixlh OF ono Per oent.
1t, therefore, yoa can excuse your
own short-s,ghtsduess in employing
such agents. OF whose capacity and
honor you had intimate personal
knowledge. can't yoa haze . liteio
charity tor : great party which il
generally right. but - somsaimss
cheated 10 Tho ageats Il sessssarily
IL smrsrlant trusts
A oorrespoadsas q 49, Waterloo
RaeAArknr nAya NM ha~n .>~>3~nA