Dodgeville chronicle. [volume] (Dodgeville, Wis.) 1862-current, 1875-09-24
$4,000 SHORT.
That is What is the
Matter
It Was in Hobkirk's Rotton
Bank I! :!
READ THE FACTS I! /! !!
HOSPITAL FUNDS ALL RIGHT
From the State Journal.

From. the State Journal.
The Democrat Of Sunday morning
wakes up suddenly to the enormity of
ex-Treasurer Bntz' conduct, and the
whole thing is rehashcd with such pro-
fusion and confusion of words, as to
render the true condition Of the affair
uniptelligible to the general reader.
This is no doubt the intention Of tho
editors Of that sheet. They knowfull
we'll that the facts in the case, show
Maj. Belts condnct to be perfectly
square and above board. He has acted
the manly part in the transaction, and
under no circumstances will the State
loose a cent by it.
The facts are, that Mr.. Batz, as
State Treasurer,in 1873, had deposited
$40, 900 In the Bank Of Madison, and
had also money in other banks. All
State Treasurers have had deposits in
the same manner; and the present State
Treasurer has at this time, and has
had ever since he came into office
money in his own bank and several
others,
Every time the Democrat strikes at
Maj. Betz for having money on depos-
it in bank, it strikes at Treasurer
Kuehn with equal force But, as we
said, the money was on deposit in
bank; financial crisis came upon the
country; crisis that struck the banks,
rather than the people. 1t was a try
ing time among depositors in banks,
and every person was anxious about
the security. Maj. Batz drew his
check for the $4,000 in the Bank OF
Madison; it was presented on the 22d
of September, 1878. AS we under
stand, he wassinformed that it could
be coshed, at the time, but it would
suit the bank better, if could be trans
ferred to the Hospital account; and as
some $t3 900 would be due the los
pital fund in about one week, Mai.
B@tz was willing such transfer should
he made, provided the Treasurer ofthe
Hospital Board would receive it, and
give his receipt for the same as such
Treasurer. Gen. Mills was the Hospi-
tai treasurer, and he was formerly
President of this bank; was supposed
to know all about it's affairs, and kept
his own deposits in it. 1t appears
from Gen. Mills letter in the Demo-
crat, that the President of the Bank
of Madison, called on him (Mills) on or
about the oath of September, 1873,
with the information, that the State
Treasurer had drawn a check on the
bank for $4,000; the President pro-
posed to give Mr.. Mills collateraIs, if
he would give receipts as Hospital
Treasurer, for this $4,000. Mr..
Mills says, 81 took the checks and
collaterals, giving my receipt there
for 1t was then taken and receipted
for, as we understand on condition
that Treasurer B@tz would add $4,000
to it, which he did, in drafts on Mil
waukoe. Thus much of the $4,000 /!
in the Bank of Madison. 1t was re-
ceipted for By the Hospital Treasurer,
one week before the announcement of
the failure of the Bank. This an
nouncement was made in the city pa
pers, Oct. /, 1873, by Mr.. Hall, the
President. On the first of October, the
Secretary of State, drew his warrant
upon the State Treasurer, for the
amount due the Hospital for the last
quarter of 1878, and on the Sd day Of
that month, three days after the failure
of the Bank, Gen. Mills gave his re-
ceipt on said warrant for 13,486,75,
being the amount due, and the 49,
600 previously receipted for was inclu-
ded, to make up the amount. That
this is so, we publish certified copy
of the warrant and receipt, as follows:
STATE OF WISCONSIN,,
SRCRETARY's OFFICE
MADISON, Oct. LIST, 1873.
From the financial books of this Office it apbears
that Treasurer Wisconsin Hospila for Insane, Mad
ison is entitled to the of thirteen thousand fou
hundred and eighty-six dollars and seventy-fiye
cents from the general fund of the State Treasury
being amount audited this day, for expenses 4th or
To the State Treasurer. JOHN s. DEAN, Asst Sec
Sec!-,chap. b, 1873.
STATE TREAsURER's OFFICE
Received, Madison, Oct 3D. 1873 from the State
payment in full for this certificate
SIMEON MILLS, Treas
STATE TREAsURER's OFFICE
MADISON, Sept. Goth, 1875.
hereby certify that the above is true and cor.
copy of the original warrantaboye referred to on
file in this Office.
FERD. KEUHN, State Treas.
The books of the Bank of Madison.
show that on the Oath of September
1873, Treasurer Betz was charged with |
10000 which left balance due him
Of 204.47; and on the 25th day of the
same mouth, he deposited, 5000,
showing that he still had confidence in
The Bank. This confidence was no
doubt stimulated by the fact that Gen. |
Miles had accepted the check, and |
given his receipt for 10000. On the |
same day, the Bank Books show, that
Gen. Miles was credited with IS, 900 |
which was the 10000 check, with
900 in drafts on Milwaukee.
Thus stands the record land it will be
seen that the transaction, SO far as
Maj. Batz is concerned, is completed, !