Wood County reporter. [volume] (Grand Rapids [i.e. Wisconsin Rapids], Wis.) 1857-1923, 1874-04-09

sponded that, however much he might, as an
Individual, sympathize with the strikers in
their misfortune in not receiving their back
dues, he would not, as Chief Executive of the
State, neglect his duties to preserve peace and
order and see to the enforcement Of the laws,
Certain propositions were submitted by the
railroad company to the strikers, and were
taken under advisement until the Both.
In the future all grain received at New
York will be graded by inspectors appointed
by the grain-receivers of the Produce Ex-
change.
The news from Susquehanna Depot on the
Both ult. was to the effect that the men were
being paid off and discharged. The military
had entire possession of all the property of
the company, and all was apparently quiet.
The steamboat j. Hale, from Cincinnati to
New Orleans, when IT'S miles above Memphis,
on the night of the 10Th, burst her steam pipe.
causing the death of three members of the
crew and severely injuring several others.
Secretary of the Treasury Richardson ard
Commissioner of Internal Revenue Douglass
testified before the Ways and Means Commit
tee in the Sanborn investigation on the 31st.
The former gave it as his positive opinion that
the law under which the Sanborn contracts
were given should be absolutely and uncondi-
tionally repealed. He had never spoken with
Sanborn about his contracts, and had never
been approached by any other person in San
born's behalf. He knew absolutely nothing
of the details of the matter ANY papers OF
documents which he had signed were signed
In the ordinary routine of business without
giving them special attention. Mr.. Doug
lass stated that he had never been con-
suited by the Secretary or Solicitor of the
Treasury in regard to the law or contracts
given under it, and knew nothing
of the latter unless as they came incidentally
to his knowledge in the course of proceedings.
He stated that delinquent income taxes, and
legacy and succession taxes, and taxes on rail
way dividends, etc, which are embraced in the
Sanborn contracts, were all being collected
through the regular officers of the Internal
Revenue Bureau. He was very positive in the
belief that there was no difficulty in having all
these derelict taxes collected in the regular
course Of business, and as to ascertaining IN
paid legacies and SUGGESTIONS of taxes, he ex-
hibited to the committee book in which AS
SCISSORS were required to keep records of all
the estates of deceased persons that were
liable to taxation. He did not believe in the
policy of the law under which the Sanborn
contracts were given out. 1t gave a monopoly
to three persons, and thus intensified the
meanness of the informer and spy system.
He had never been consulted about or asked
to recommend the passage of such law, al
though he was under the impression that he
had been called upon by Sanbom and that
Gen. Butler had recommended him. Still,
since having seen Sanborn lately, he did not
appear to be the same person whom he had in
his mind.
Sanborn, on trial at Brooklyn for conspiracy
to defraud the revenue, has been acquitted by
order of Judge Benedict. Counsel held, first,
that there was no allegation in the indictment
that Sanborn, Hawley and Vanderwerken con-
spired with any other persons to defraud the
United States; secondly, that no offense is
charged under any law that exists upon the
statute-book; thirdly, that the contract is not
set out in the Indictment. The Judge held
that the contract which Sanborn had obtained
did not support the averment in the indict-
ment, and he was of the opinion that the
prosecution must fail.
The following is the public debt state
ment, April 1:
Six per cent bonds. 81 ,214663, $50
Five per cent. bonds. 500 243, 450
Total coin bonds. ..............S s., 723 900, 600
Lawful money debt. s1467e,OO
Matured debt Observation-Disclosures. 6S52. 800
Legal tender notes Observation-Disclosures. 5S2, 076, S37
Certificates of deposit. 51,720,OOO
Fractional currency. ................. 49,102,600
Com certificates. ACKNOWLEDGEMENTS. 37,045,O0U
Interest. NEUTRALITY-SUSPICIOUS.. 29,676,661
Total debt. ,295, o58, 558
Cash in Treasury
Coin. .......................... $50, 70. 379
Currency. ACKNOWLEDGEMENTS. 4,526,451
Special deposits held for redemption
of certificates of deposit pro-
vided by law. ..................... 51,720,OO0
Total in Treasury. S142, So, $50
Debt, less cash in Treasury s., 1872 500, 728
Decrease during the month. 81, 189, 38s
Bonds issued to Pacific Railway Com
panies, interest payable in lawful
money, principal outstanding. 80. s64,628,512
Interest accrued and not yet paid -. 969, 352
Interest paid by United States. ..... q, ,691
Interest repaid by transportation of
mails, etc. OBSERVATION-DISCLOSURES. 5,5O1, 1867
Balance of interest paid by United
States. northumberland. 17335,323
Temperance raids were the order of the day
at Ripon, Wis, on the 31st ult. The crusaders
called at six saloons, but were admitted to only
one. Their religious exercises were carried
on on the sidewalks.
On the LIST the striking worKmen at Susque-
hanna Depot were paid off by the railroad COM
pany and discharged. A large number of them
sought admittance to the shops and were re-
employed by the company.
A fire broke out in the Central Hotel at
Millerstown, Pa, on the morning of April l.
Seven persons were burned to death. A large
number of adjoining structures were de-
stroyed. The loss amounted to nearly $780,
600.
In a recent case the United States Supreme
Court has decided that the directors of cor
poration cannot increase the capital stock
beyond the amount limited in its charter-in
other words, cannot "water the stock'-with-
out the express consent of stockholders.
The City Council of Philadelphia has passed
by reclamation the 81, 100000 Centennial APP
preparation bill.
A dispatch of the I'd from Susquehanna
Depot, Pa, announces that everything was
then quiet along the line of the Erie Road,
and cars were moving with regularity. The
troops had left that locality and no further
trouble was anticipated. All the men re-
quired by the company were at work in the
shops.
The Iowa Commissioners report much diff