The Fairfield herald. [volume] (Winnsboro, S.C.) 1849-1876, 1875-11-10
TEe Hs3salik Anutt.ilc.

aHe HbaahiA AanuNNIc.
1t seems thtt the fight over the
Solomon Bunk is still progressing.
Receiver Dunn answers the strict
urcs Of Treasurer Cardoza anl the
! UNiOH- Ueru'd in IL letter. It il
, an i'll wind that blows nobody good,
and this quarrel may result in II
settlement Of tho niI'lir and dis
coyery Of the lost deposits. Wo
publish bolow tho letter referred
, to.
Lt(itor Unirn- Xrrald:
STE-Since my return to the city
OIL yesterday I hnve read in your
issue Of the 22d communication
from Mr.. tIrtloZ", Statc treasurer,
addressed, $40 The Public" in
which he nllutlcs to the settlement
Of the receipts and expenditures of
the South Carolina Bank and Trust
Company from January 8 to July q,
. 1875. as furnished by me to the
State board of deposits, and Says ::
This statement (Which, by the way,
. | know t" be absolutely false ~ it
docs not acknowledge the receipt of
Mrgc SUMS of money deposited by
county trCasurcrs, to whom the
bank is now indcbtcd) is correct, SO
far as it acknowledges the receipts
from State treasurer"
I oo, NOT ry,ri1,. ,.l,,,. ,. l., H. -.
meaning Of the words Mr.. Carloz,,
oncloses in parcnthcsis. II he
means the public to understand, ns T
suppose he does. that the statement
fulnishcdto the board of deposits
: wa" not in accordance with the re.
cords of the bank, have to sny that
nc seeks to create an impression
which b" knows would be incorrect,
for he knows my statement to be
absolutely true, IN what it purDorts
! to represent : he knows that it rep
rchcnts, and purports to represent.
only the hu/nnc"S Of the different
items Of receipts anil oxpcnl liturcs,
and not II detailed statement of
every dollar paid in or pnid out on
each particular account. The State
board "f deposits, on his own mo.
on, requested me to furnish III
, statement Shoriny whot chunae$
h"1 take" piuce i'll the resources
and liabilities of the bank since the
publication of its condition on the
9th Of Jnnary, 1878, and T accord
inGly furnished the board such
statement
. That MIR. Cnrdoza should say to
the public that "he knows that state.
ment to be absolutely false, SO fur ns,
deposits Of county trcasurc:s is con,
! rcrncd, and correct, so far as the
deposits of the State treasurer is
concerned, seems strange indeed.
when he knows that one is lust as
correct as the other no more, no
less. For instance. the amount of
State deposits OH january . was
Sll,220 10, and on July 2 $2O5.
1873 70, showing an increase of
Sl9I,533 60. 1, therefore, stated
among the receipts that amount rs
deposited by State treasurer, and
MIR. Cardoza is gracious enough te
admit that this is correct.
The amount of private deposits
including the deposits of county
treasurcra. on january o was $175,
COZ oG. and on July 2. $119,567 81
showing decrease of S5G,O4O ~
and therefore among expenditures +
placed to the credit of tho bank thil
amount of S5G.040 ~ as paid "dc
post accounts and this Mr. Car
doza says he knows to be 'absolutc
~ false, III 1t does not acknowledge
the receipt OF large sums of money
deposited Ivy county trcasurcrs. -
Mr.. Car'loza must know TINT such ar
assertion as he makes is absolutcl,
fnlse in itself. He knows or ought
to know, that just us tho statement
regarding his own deposits, whicl
he endorses rs correct, does not nc
knowledge the receipt Of nN the
moneys he deposited in the banl
during that time, which probabl,
amounted to several hundred thou
sand dollars, but only the excess O
his deposits on checks drawn by hin
just SO the itcm of A56.0lO AZ credit
cd to the bank as paid deposit
amount" shows the difference be
tween the amount deposited by pr
vntc depositors. including count,
trcnsurcrs. and the amount checked
out by them, and thus does. in fact
acknowledge the receipt of all mon
cys deposited by county trcasurers
and yet MIR. Cnrtlozo SAYS "h,
knows the statement to be absolute
~ false. Truly he is IL wondcrfu
tinancicr, and must be an accom-
plished bookkeercr 1t is stlnng,
he did not discover the ':absolut,
falschood of my statement while i
was under discussion at the Stat,
board. He there understood ful
we'll that this statement was submit
ted MS representing the balances o
receipts and expenditures, and thu
same explanation Of it was given
which L have above repeated. H,
understood it all very well then, VIII,
then does he say in his communica
L k,fN