The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1873-01-20
The wheeling Savings InstttutiOu
Who in Responsible for the s52.-
900 Lost there.

600 Lost there.
Editors OF the Register:
In your Saturdays issue you,
through your correspondent Posted,
charge me with being in collision With
Thomas Sweeney and Alexander Quar-
rier in robbing the city Treasury of the
$52 900 lost 10 that institution by pre-
venting its removal to . more safe
bank. Now, Mr.. Editor, detest q
correspondent who has not maUliuess
enough to write over his own name, and
only that | am sought to oe used in the
REGISTER and IntelGgeneer as kind Of
cats paws to the injury Of both caudi-
dates Tor Mayor. aud iu each instance
talselH and in your issue most villainously
siandered, l would not notice either
communication.
The facts Of the case are as follows:
When we were elected 10 Council we
fouud the Sinking Fund Loan, 90 called J.,
on deposit in the Savings Institution
and Merchants Bank, and in drafts
and certificates in the hands Of
the Commissioners Of the Sinking
Fund.
Early in the yesr q strenuous effort
was made to take the fund out OF the
hands of the Commissioners. Messrs
Brady and Wilkinson, and invest them
in the water works bonds held by Mr..
D. c. LIST. This matter was talked Of
at several Of the meetings, but the ma
jority OF the committee considered they
had no authority to make any other
use Of the funds than what the ordi-
nance directed; and that in case they
did divert the funds to any other pur'
pose, they would be Individually re-.
sponsible for the funds so diverted.
And in this they acted in accordance
with the written opinion OF one OF the
most eminent members Of the Wheel
ing bar. But in this matter | only
opposed il because | considered we bad
no authority 10 do 30. But 30 far as
advocating the putting OF the fund in
the Savings Institution, or leaving them
there, / never advocated it for one
hour. Indeed, 80 far as / am con
cernei, the facts of the case are exactly
the opposite. At the meeting OF the
Finance Committee to examine into the
condition Of the finances aud make set
tlement with Brady and Wilkinson,
Commissioners OF Sinking Fund,
and the Merchants Bank and the
Savings Institution, by order Of Coun-
Gil, heldin December.
1t is we'll known by every member OF
the Board that pressed upon the COM
mittee their duty, to either demand se-
curi,v OF the Savings Institution for
the morey deposited there, or else re
move il at once-at least $50, 900 OF 1t.
There lie not one member Of the COM
.itt.e. and . majority were present, will
deny it.
But the balance OF the committee
thought, az the year was nearly out,
and the standing Of the Institution was
above suspicion in the community and
the deposit had been placed there
before We came into Office, il was better
to report the condition OF the lsncet
10 wit the amount Of bonds aud cou.
pons redeemed and destroyed. the
amount outstanding, the amount o1
sinking fund on hand and where de.
posted, and leave the matter to be ds-
posed Of BY Council. and that course
was adopted. :.
Now, Mr.. Editor, I don't object te
being called to q just account for wha.
I do, but do object TO being trsduced
in the public prints, because somebody
else wants to be Mayor or City Solicitor
especially when I have no are to gI,nd
and am not . candidate for any ofhce
and don't want to be. Reapectfully,
E. j. SfoNl