Ottumwa weekly courier. (Ottumwa, Wapello County, Iowa) 1872-1899, 1873-02-13

the State funds, DO turned at once 70
the Treasury Of the State as source
from which to supply the current ex.
penses OF the College and to honor it,
draifs. IN pursuance Of this policy, he
ADVISED ms deputy, Hon. Isaac Brandt,
that the College Treasury was cx-
hausted, and that he would be CON-
PEELED to carry College warrants by
FUNDS nom the State Treasury, until
the College Treasury became replen.
ished by remittances from agents.
And this was done. From that time
until on or about the 9th day of July.
1877, College drafts were honored and
paid ont of State funds whenever his
necessities, private wants, or speoula.
tive demands required. Between the
25th day Of January, 1871, and the 9Th
day Of July, 1872, he thus unlawfnllv
used moneys from the State Treasnrv
aggregating the sum Of $4,000, in
which sum he was on the day last
above mentioned defaulter to the State
Treasury. On this last mentioned
day--July 9th, lS72--a warrant was
drawn OH the Treasurer of the State.
by the Auditor, upon a requisition
signed by the proper officers Of the
College, for tho sum Of SIS, 500; beinr
the amount Of the appropriation made
to the College, for various purposes,
by the l4th General Assembly, which
warrant. on the same day, was paid
and Cancelled. At that time Major
Rankin was absent from the city, and
the Hon. Isaac Brandt, acting 90 dep.
uty Treasurer Of State, took the pro.
ceeds Of the warrant, and placed them
to the Credit Of the College in order 10
make up what had been previously
drawn from tho State Treasury in pay
ment Of College warrants. This was
done pursuant to an undersfan ling
between Mr.. Rankin and Mr.. Brandt,
and when done, It left balance In the
State Treasury due the College OF
about $1,000, which was thereafter
paid ont on College warrants, from
time to time until exhausted. This
balance, together with the pavments
into the College Treasury Of the inter.
est fund received from time to time
BY the Treasurer, enabled him to meet
all drafts made on him by the College
cashier. until about the lst of Decem.
roceivad two tharsa.a - 49, va
havana n crr.s,,n., a,.s ~. !" .rS
H. axch.rre NJ s.u ~. vuc , suuu,anu
was M fnnd. n tha Co,Inn. " Tso. ...c
and Ma,or RsrI;n srssn sa ssy
to the Golfers of the State Treasury.
from which he took 5000 to supply
the currency portion of the warrant,
and made a draft on the Union Ma.
A faw devs thsras c.er 49, DHArs"
borrowed frcm tha T,;.a,s NNs.a A
RAM nf nes Wosmas % nos;n .-nh. .onai
and denos;ted 4 - ~ craS;t 'n ~ KS
STATE ana thr. .,,sd. ,,s re- Ia - snc
c;ency Fro,n , .;na w. .sa ,ass ue
thsro doas nn1 ' ..s. ."o .ne.c. :ns
before the nom,,;tt.~ .h.. Mi oiu Dn
lin o;thar ,,;.r..nasos s az c a c .sal.
o. ,,,;sa ~ ~. Ucr Ssa.O luns'
Il, 49, aa,, ~ u az. s.l0 Oonc8e lungs.
To.ans;.sna - - P'okcr ior tno
n....s. w. - ssy lnat non; Isaac
D.anu' Va ~ - ny manner omelaiiy con.
! s. WIN .nG Conege innds; that
" urmg MAJOR nankin,s several terms
r. on S. as Lreasurer OF state, MT.
r.a.u was MS nep9ty treasurer OF
o'a.c' oniy, a"u tmat u ~ OWING In
great measure to the fact that he was
deputy Treasurer Of State that the
State has not suffered serious loss, and
the accounts between the College and
State treasurer have not become inex-
tricably confused and embarrassed.
As to who was the causc, or what
wore the Inducements, and who re-
celved the benefits of the money
thus distracted, the committee have
but one opinion. We are not unmind-
full OF the high character that Major
Rankin has hitherto sustained both at
home and abroad. We do not forget
his gallant services Ms colder and
oficer tn the late war OF the rebellion.
Nor can we fail to remember the con-
hdence that tho people Of the State of
Iowa have repesed in him. by elect
ing him three times in succession to
the most iesponsi6ie trust within thcir
GIT, ana the coincidence reposed in him
~ the Trustees OF the agricultural
CoIiegc, VINO unanimously elected him
nve ,ames the Custodian OF the Col
lege Iunds' ana VINO permitted MIN to
act IN tnat capacity TOT a. least three
years Witnout oohoe. we nave no
1acts upon winch 10 base . theory -