The anti-monopolist. [volume] (Saint Paul, Minn.) 1874-1878, 1874-09-03
1883, Mr.. McIlrath, as Commissioner of
the State Land Office, entered into a
contract or hermit with the said

1858, Mr.. McIlrath, as Commissioner of
the State Land Office, entered into a
contract or permit with the said
lor, Warren & Co.. Of which he was a
member, whereby he sold to said firm
the right for the period of five years to
cut all the pine timber fit for saw logs
then, growing upon the following uni
versity lands, situated in the counties
of Kanabec and Mile Laos, to wit !:
Sections five (5.) six (6,) seven ~
eight a. nine o. fifteen Q5,) sixteen
(l6,) seventeen III, eighteen 49, twen-
ty-one (21,) twenty-five (22.) twenty
three u.s. south half of section twenty
four IA, north half Of section twenty
five (25,) section twenty-six (26,) TWEEN
ty-seven (27) and twenty eight (28, } in
township number thirty-nine (39,) OF
range number twenty-five 25;) the
east half of the northeast quarter Of
section nine o. the southeast quarter
OF the northwest quarter and the
southwest quarter Of section ten
(1O.) the southwest quarter of
and the west half of the southeast
quarter of section eleven Q1), the
northeast quarter and the east half of
the southeast quarter and the north
half of the southeast quarter and the
southwest quarter Of the south
east quarter of section
twelve Q2); the northwest
quarter of the northeast quarter and
the north half of the northwest quarter
of section thirteen (l3); the east half of
the northeast quarter and the south.
west quarter Of the northeast quarter
and the northeast quarter Of the
! southwest quarter and the north half
of the southeast quarter and the south
east quarter Of the southeast quarter
Of section fourteen (l4); and the north
half Of the northwest quarter of Sec
ton fifteen (l5), in township lumber
thirty-nine (39) range number twenty
six coy according to the survey of the
United States.
A copy of the permit contract is here
to annexed and marked Schedule H.
1t will be seen by the endorsement
thereon that permission was given by
Mr.. McIlrath, as Commissioner, to
Taylor, Warren L. Co., to assign the
same to Munich Bros. & Co., which was
done, and that soon thereafter Munich
Bros. & Co. dissolved, Mr.. Emil MUNICH
succeeding. to the logging interests of
the firm and assuming the debts for
stumpage due the State from Taylor,
Warren & Co. and Munich Bros. & Co.
for which he Emil Munch) gave his
note for $7,l32.44, payable June LIST,
1873, already mentioned in the state
ment of State Treasurer Dixie.
Your committee are at loss to un-
derstand why no record has been kept
Of the government subdivisions Of uni
versity land upon which each lot Of
timber was cut, and especially the tim
Der cut under the Taylor, Warren &
Co. permit. AS the timber sold there
under was divided into three
classes, the prices being 1910,
So and $3.50 per thousand
feet, according to the subdivision from
which it was cut, the committee are
unable, in the absence of such record,
to determine whether the price at
which the several cuttings were settled
for is correct or not.
Your committee deemed it a part Of
their duty to inquire into the invest
ment of the permanent school fund. to
ascertain. if possible, whether that fund
had received all that legitimately be-
longed to it. Learning in May last
that P. NJ. Myers. Esq, of the firm of
p. M. Myers & Co., bankers, Of New
York City 1.-THE financial agents of the
State for many years for the purchase
of bonds, etc. was in the State, a SUBJ
pena was served upon him, and he ap-
peared before US and testified. The
committee appreciate the delicate posi-
ton in which Mr.. Myers was placed in
being called upon to disclose
the nature of transactions which
were necessarily of private
and confidential character, although
not in any manner compromising him
or his firm. We felt it to be our duty,
however, to require him to disclose the
facts set forth in his testimony, which
he honorably did, while much regret
ting the circumstances that compelled
him to be witness. In obedience to
the subpoena, duces tecuna, then served
upon him, and agreeably to his promise
made while upon the witness stand, he
has forwarded to US verified copies of
the account Of Hon. Charles Mcllrath,
State Auditor, and Hon. Charles Nell
rath individually" and also verified
copy of ''the account of the Treasurer
of the State Of Minnesota with the firm
from January IA, 1853, to September
%, 1879" which copies of accounts are
hereto annexed and marked schedule
L." The most important fact devel-
oped by the parole testimony Of Mr..
Myers, is that Myers & Co. had in their
possession Missouri State bonds to the
amount Of eleven or twelve thousand
dollars, which were in the singular con-
dition of belonging to no one certainly,
but 'swcre in some manner connected
with the State" the interest Of which
was regularly paid to Mr.. ncIlrath !;
and that they were-after being held
in this anomalous condition for about
two years-fnally transferred to and
became part Of the permanent schoo
fund Of the State. Mr.. McIlrath in his
testimony raises q question Of veracity
between himself and Mr.. Myers upon
this matter, but your committee are Of