The Iowa plain dealer. [volume] (New Oregon, Howard County, Iowa) 1867-1895, 1878-07-12
notes
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the present amount 81 United
MATES treasury nutc~ ur gt.rnbnekS
Ia circulation Ii tltG.74a.Ji3 which
showing ~ iii. Treasurer rnnfes~ts
u contraction ~ the currency In the
lmmnn-c sum of ~ .tt22 ,25G,6 Az.
Will the Ahylprk press " the
country reconcile THESE figures with
thnir repeated statements thut there
has been no contraction al the cur.
rcncyy That our Readers may see
that W.T. report the L. \. Treasurer
fnlrly In THESE extracts, WI publish
his letter In full simply adding that
Ia our opinion IL falls to mee, the
demand. Vt his muster In two ~.
spcct~. ilrsi IN not explaining away
thu reported ,i.falrntlon. nna second
IN furnishing important proof of
facts tint the lnndholtlrrs would
prefer ~ conceal u mystify. This II
the letter. nnd II, Ii full III m.nt
Treasury ~ TIM uSirlp STATES
WASHINGTON, June ~, ls7A.
Sill hnyr tho honor 10 aeknaw.
ledge the receipt from yon u news.
paper Flip referring To reported
discovery Ivy M expert II thu Com.
mlttcc of Expenditures IN the Trcas.
ury Department of which Mr.. Glover
IL chairman, of n false entry OF tlg,.
MN.tNN In the bnnkr III this office
which, II II lntimntel, mny cover an
immense defalcation. The material
facts In the ease appear to b. IN FOL.
lows; In June lhih. the department
transferred 10 thu various Assistant
Tfranllrrrs and unitei States Drpos-
tories, Ia b. expended for public
purposes tlvOVO,OOO In compound
Interest notes, And saw III for the
tlnir being 10 report the amount nv
having lecn received ~ II temper.
nry loan ~ tho Government. with.
ont Interest. under the lunn III Feb.
Tunry ID. lHj1 This temporary loan
receipt WAS shortly Aitrlwnrd cnn.
cclrd mud the amount Included In
The account Of compound interest
notes ISSUED. Whatever may have
been tho reason for reporting III.
amount In the iirst instance M Il
receipt Of money Instead of mn III.
sue Ut notes, every dollar III the
amount IN question II shown by ~.
Wipts on file 10 have been delivered
% thccxprr-s company on transfer
orders. signed by the Secretary,
Register and Treasurer. md 10 have
been safely transferred and deliver.
~ ~ the various Assistant rlca-,ir.
rrr Atd II. \. Repositories III whom ,
n MAS sent. mud properly ,iInburrei
~ the satisfaction III the accounting
officers ~ the Treasury Department.
For several weeks the expert ~
the committee. with assistance ftnm
time 10 time from ushrrrxinrtr. with
every facility rendered for sitting
The Aa'Ount IL thu iiti.flnnsf, eNn,n. ,
itfrd thu transaction In every light,
and II the statement In III. printed |
slip correctly reveals tie result III I,
thu investigation. II II mt alleged ,
that tlc discovered my loss ~ funds
Or any failure fa account fully and /,
honestly for every .nltnr .. thu !,
amount IN question. The records ~ !,
the transaction ilny.' b..eu thorough. /,
" examined hy several expert No.. /
countnns- employed Iii thu nflir. J,
nnh ~ my~rif. anil there Il noi il.l /
slightest Foundation fpr any rhHfrr /
Tint tl,. amount WINS not fully, .itiri /
~ nnI honestly accounted I'm. /.
Permit nar ~ rall Your attention II
~ IN. fnri TINT iii. month II, ut,,a. !,
iinn was u iln,s ~ extraordinary On.
Urgency Thu 1'ranpnry wa rulIrd !
upon during that month III furnish 1
fpf the ai',u, s-.aiHu.HA Ill litmi 4
Payments Ms'rn hainf' innsle ~ lin
soldiers Mhp 49, mustered a,lt III n
w" close III tin viii. III. public )
debt WIZ Increased during ihui ycar !.
lDys.r k.t.tf INN inN1 III. xal......s 80 .
outstanding currency wn~ over tG.ts.. i,
tMthNl, beside. FL I'M. INN ~ seven.
.liltty notes Ihare wis In III. y
Treasury iHrgr nlilp,li'e IL e,iii.nr. i,
'tnnilnR - i!ir efssIlt III public iii 4,