The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1873-12-27
lheGnteuisetrer:
wbatthe state Treasurer Has 10 Say
About the State Funds.

We take It that Mr.. CLARKsoN OF the
gci,.xr is not very verdant man in q
General way. lie daily gives the public
,rilencc that he understands something
dhumsn nature, especially that phase OF
n,bs, is subject to arralgnment at the bar
oluublc opinion. We are therefore at q
n.s 10 understand how when he goes
tom home for few days he should be-
ooue 80 very susceptible as to be satisfied
With the following statement made to him
uChsrlcston by Treasurer BURDErr.
In sn interview with Treasurer Burdett
few DAYS since, in relation to these ru-
no,s he said: II have done just what ]
Sones,ly and conscientiously believed to
emy duty in regard to the State funds.
YOuf people in Wheeling complain that
ye keep larger balances here than in the
S.uks Of your city. When the Radicals
hsd charge Of the State government, al
though they placed the money where
Aey pleased and in such amounts as
Gessed them, there was no complaint
f,on those who were neglected. Money
lows IS naturally 10 the capital OF 0 State
water to The sea. Sherifts OF counties
collect taxes, place them In bank and the
moneys thus deposited are sure. TO find their
V.y here. But the First National
Bank of Wheeling has had nearly
100000 fof the School Fund In. her
nults and II the sudden panic had made
i necessary for me to drawwhere Icould
rt the money, they could not complain.
The Treasurer Of the State cannot con.
,roI the ebb and flow Of monies. All the
money appropriated for the Penitentiary
lad Asylums in our portion OF the State
i kept in Wheeling banks. The fact Of
tbe business Is, I have been compelled,
nnetimes, against my wish, to draw on
yOur banks because could get the money
here, and It was necessary to tide our
Charleston banks over the crisis. could |
hive forced our banks into liquidation at
Hy time during the panic, but deemed 1t
best not to do so. AS to the charge that
he money Of the State Is let out at five
md six per cent interest, 1t Is not true, and
court Investigation -,
The above l say, is Mr.. Burdetts state |
lent. There are grave reports out though,
nd names and places given, Of the loan
ng Of the School Fund out TO private
sriies, perfectly responsible, at six per
ent. | DO not believe word OF It but
Ienty OF people here, Senators, Delegates
nd citizens do believe them.
We call the foregoing a pretty thin sort
statement, about one Of the thinnest
bat we have seen in print for long time
St. SO thin indeed that we suspect Mr.. |
ILARKsoN for playing Chince" on the
treasurer when he talked about credit
Dgit. i
How could he, for instance, pretend to
'elIevc the Treasurer's clap.trap about
money flowing naturally to Charleston
yhen It is well known that the money in
be banks there belongs to the irreducible
choOl fund.- II this fund flows so nat.
nlly to Charleston how comes II that
Ea2,SG3 90 Of it lodged at Fairmont en-
oute while less than $4,000 stopped at
Hheellng9 Or why did $16,773 OF halt
II Plcdmont9 Or $2S,s79 7s at Charles.
own, and $l5, ,l4S 90 at shepherdstown
d, more singular still. how came $s1.-
!Ol Is to find its way into CAMDEN's bank
i PArkersburg at 8 per cent interest
'hile only 5000 40 found its way into
len. JAcKsoN's bank at 81 per cent
Ind yet "the Treasurer Of the State can.
ol control the ebb and flow Of monies !"
Who ever heard before Of money flowing
ITO the banks that pay the least interest
BuRDETT cannot delude the In.
elligent people OF this State with such
'uf. His explanation does not amount to
ven decent sophistry. There is nothing
Iausible about it. It is simply absurd
nd suspicious. We trust that the Com
llttee, II there Is one still in existence,
I'LL not be gulled fora moment by such
lie twaddle, but that they will investi-
ite the transactions OF the Treasury with
's'chiug rigor.