The Daily clarion. [volume] (Jackson, Miss.) 1866-1888, 1875-01-13
STATE TREAsUREn'S DEPART MENT.
|ReDort of tLo Citizens AnVesf1Sa-
ting Committee.
JACKSON, MISS. Jan. II, 1875.

TO His Ercellency A. An'es, Governor OF
Msssissippi:
SIR: Agreeable to your communlca-
|tion of the Sd ut., requesting the under
|signed to investigate the State Treasurer's
Department, because of rumOrs OF gross
therein" we beg leave to
report that we entered upon that duty on
THE 9th of December.
Up to the morning of that date, the
|Treasurers journal showed the following
aggregate recei pts and disbursements
since the Goth January, 1874, all which,
by careful comparison of vouchers and
actual count of currency, certificates, cOu-
pons, ETC., we found to be as stated
RECEIPTS.
Uncurrpnt funds, in sealed box,
consisting OF Confederate,
Cotton and othe' notes 195 1854
School funds, currency ..-..... 66,863.56
CuupOnS paid, cancelled and
not audited, because series
NOT com pIete $500. .......... 46,4l0.OO
II. :. Currency, teachers fund: o,i4o Az
ROnd Tax and General Fund, u.
/ S. currency ......... ......... 29,lJ7 ~
Certificates OfindebtednesS. 74,269 OO
Currency in Drawer 1861 81
Ralance' Jan. 70, 1874 ~ 900, 352 05
Receipts to Nov. So le74. ..... 1921 $40 81
;" from that date 10 Dec.
0lS74 ...................... 27626,76
Total Observation-Disclosures. $3.50, 524, j
DISBURSEMENTS.
From jan. 20, to Nov. 30, 1S74$ l, 23l .O49, 81
Nov. 30, TO Dec, 8. 1874. 7,09l.UU
Total. .......... ..........$ LBS, HOG
Balance, accounted for ....... l,Oi7,633. i
Your COMMITTEES would recommend
that the sealed box Of uncurrent funds
be destroyed. There seems to be no
good reason for carrying this item upon
the Treasurer'5 books from year to year.
YOUR committee would also respect
fully recommend that certificates OF in
debtedness be cancelled as paid in. The
original act 187O) authorizing the issu-
ance of these certificates provided fox
their CANCELLATION. The act OF 1872 also
contemplated such cancellation. But
the act of April 19, 1873, authorizing
the Treasurer to exchange certificates for
warrants in certain cases, and the act OF
March %, 1874, providing tor their be-
ing "cancelled and retired in install
ments of one hundred thousand dollars,
are construed 10y the Treasurer that the
certificates cannot be cancelled until such
instaIlments are complete; and section
Is Of the act Of March, 1874, provides
that the first installment cannot be retired
until February, 1875. We make this
recommendation and statement in refer
ence to these certificates because Of ''ru-
mor5 Of gross irregularities in con.
nection thereWith-that they have
been borrowed and used by outside par
ties tor the purposes of speculation, etc.
We have the assurance OF the Treasures
and his employees that no such use ha;
been made OF the certificates. and we find
no one willing to come forward and as
sert the contrary. We will state here
that on the 18th Of December we cause
the following to be published in the pa
pers of this city:
NOTICE TO THE PUBLIC.
The undersigned having been request
ed by His EXcalleDcy, the Governor. tC
Investigate the State Treasurer's Depart
ment, because OF rumOrs Of gross ir
regularities therein" are now proceeding
witt that duty; and the Committee hay
ing no power to ''send for persons aud
papers" respectfully invite information
from any and all persons who may have
any knowledge OF official irregularities Oh
the part Of the State Treasurer, or en-
ployees in his Department,
A. NIRDEN, !
&. A. BROUGuER, Com.