Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1873-11-28
EDITORIAL CORRESPONDENTS.

-FH near "o'H-n0t:-Day before yes
terday in the House of Representa-
tives the black pay" act of Congress
Wis the chioi question, four different
sais of resolutions upon the subject
having been introduced by ms many
epresentatives, to-wit: Nesars. Mar.
ier. oi iadkiH, TriSett. (RadicaD OF
Ashe, Hammer, oi Chatham, AMI Me
! t'hae, Of Person. Tue general i'm.
preston seems to be that there will
; he some action taken by the Legisla-
; tire to express its disspprobation O,
! the black pay provision of the act OF
; Congress referred to, coupled with
! instructions to our Senators and q
request to onr Representatives in
/ Congress to use their efforts TO secure
! its repeal
! In the Senate on yesterday the prin-
! clpal feature was the introduction of
resolutions by Mr.. Dunham, Of Wils-n.
calling upon the Presiden: to take
prompt and decided steps TO secure
atonement for the in suit to the United
States in the capture of the Eirginius
. and the massacre OF her crew and pas
sengers. The resolutions urge the
recognition by the United States Gov
ernment OF the right of the Cuban
insurgents to he treated as bellgerents.
! and copies Of the resolutions are iii
rected to be sent to the President and
to Congress.
The Joint Select Committee of both
Houses OF the General Assembly, to
consider and report what action ought
to be taken III behalf of the State in
the matter of the suit of Self e ~. VS..
The Public Treasurer, have not yet
reported. Governor Caldwell has en-
pIoyed Mcssrs. +. I. Moore, W. y. II.
Smith and X. z. Battle to appear as
attornies, with the Attorney-General
for Mr. Treasurer Jenkins 1t is un-
derstood that the Committee do not
propose to support any action until the
decision of Judge Bond shall have
been made, which will probably be
next week. The impression seems to
be that the injunction will not be con-
tinued as to any monies in the Treas
ury except those collected for the
general fund as it is called, even if it
be continued for that. The special
tax money was turned into the "gen-
eral fund, - that is, the fund raised to
pay salaries, &c. If, therefore, the
money raised for the express purpose
of maintaining the Asylums, building
the Penitentiary, &C., be appropriated
to making good the special tax fund
it would seem to be robbing Peter to
pay Paul, and that the Asylums and
Penitentiary authorities would at once
have cause of action gainst the
Treasurer therefor. Adm itting, for
the sake of argument, that special Tax
Bonds are valid and that the bond
holders have right to have that
special tax interest fund replaced and
paid out to them, they have no right,
according to q common sense view of
the matter, to have it replaced from
any fund except ''the general fund.-"
the one to the use and benefit OF which
it was converted.
If it shall turn ont. however, that the
whole sll1 900 shall he locked up
until the suit shall be carried to the
Supreme Court of the United States.
and .here work its slow way
from the foot Of the docket to
decision, q practical view Of the
situation suggests that the banks with
which lIr Treasurer Jenkins deposits
the State funds for safe-keeping will
make good timing OF il. Two hun
llod anl forty Thousand dollars be-
vond any danger OF being checked on
Cr removed for year or two would be
4 very desirable acquisition to any
bank in these hard times. Doubtless
Mr.. Jenkins would prove to he quite
At q moderate calculation honey is
worth ten per cent. per annunl, and at
this rate whatever bank should he for
innate enough to get the deposit would
make Just twenty-four thousand dollars
per annnm by the pendency OF the
suit. and when the decision WAS finally
reached would doubtless say it was
consnmmation most devoutlv anf to be
wished. But some people ere lucky
in this world. S