The Waco daily examiner. [volume] (Waco, Tex.) 187?-1888, 1878-11-01
10l aen Esami,tcr .
GOV. HUBBARD's SPEECH.

yindication of the administration OF
the Democratic party in Texas. and
of his own administration in partic.
ular as part of that vindication OF
the party. II is but common Justice
to Gov. Hubbard that he should be
heard as he has been much abused
and we publish below synopsis OF
his speech as reported by the Hous.
ton Telegram. 1t throws also valu.
able light on the condition of Texas
finances, and is just such information
as the people wish. lie presented
first the following statement OF
Comptroller Dardcn.
CoMPTRoLLER's OFFICE,
Austin, Oct. 10, 1873.
His Excellency, n. b. Hubbard, Governor.
Dear Sir: In reply to your favor
of this date | have the honor to hand
you the following, viz:
/. The public debt of Texas on the
LIST day of September, 1876, exclusive
of debt of doubtful validity. was So
2l0O73 90; the public debt Septem-
Der /, 1873, $685. 1888 Is, showing a
decrease since Sep. /, 1876, 1928, 290 80.
The actual amount of bonds sold
by me in New York, under the act of
July 9th 1876, was 100000 sold at
lO2 1-2, for which the State realized
$5i2,500. Had they been sold at the
minimum fixed by law, the State
would have received 100000. The
sale as made realized profit of $l2,-
800. Had the bonds been sold at par
as the law permitted, and commits
sion of IA per cent. as provided by
law allowed, the State would have
received for the $500, 600 bonds $685.
100.
The above bonds bear interest at 6
per cent. and were sold to call in q
like amount, bearing interest ut 10
per cent, saving to the State in the
item of interest 500, 900 annually.
The amount expended for frontier
protection under the administration
of Gov. Davis is as follows:
Uunder the act of June 80, 1870,
1924, 1862 95; deficiency provided by
act of May 4, 1874, 1927 ,527 10; total
expended by Governor Davis, $685.
$50 IA.
The amount expended duriug the
administration OF Gov. Coke is as
follows:
Under the act of May 4, 1874, $780,
96l 45; under the act of March Is,
1875, $l49, 1863 AZ; under the act of
August 10, 1876, S37, 1863 %; total ex-
l,~ raI=n L.iA-
The amount expended under the
administration of Governor Hubbard
Under the act of August 10, 1876,
S2j5, 037 so.
The State has outstanding in 10
per cent, bonds, subject to call after
July |, 1879, Sl,115,000 90, and APP
proved claims yet to be bonded SlS,-
go 90; total 81, 133,6l9 90.
have the honor TO be, yours very
truly, STEPHEN ii. DARDEN,
Comptroller.
The speaker explained that the last
item of public debt is part of the
present public debt, as reported by
the Comptroller which he will rec
ommend to the Legislature to pro-
vide for, calling in and issuing in lieu
thoreof5per cents, which will amount
TO $4,000 80 TO the taxpayers of the
State.
The speaker showed that the from
tier forces continued in the field I'M
der his orders (Which, under the law,
he could have disbandcd at any time
at his discreiion), aud when only
cost 100000, has not only given
peace TO long extended border, en-
abled our courts to be held and open
ed up to taxation millions of prop
erty which otherwise would have
been abandoned to the savagcs. In
addition to this the Adjutant Cen
eral reports, within the last ten days,
total number of arrests for murder
10 Sept, 30, 1873, pol forging land
titles and forgery %, together other
arrests for rape, bank robheries and
such like iclonies, amounting in the
aggragaic to 1913 arrests, in all OF
which cases the frontier forces per-
formed said service, only when the
district judges, shcriils and other
civil officers called upon said troops,
declaring their inability without
such aid, TO execute the process OF
the courts in said cases. In no in
stance, has any military officer oil
soldier been permitted to act except
IN aid of and at the demand or re
quest of the States civil authorities
IN addition to this they have follow,
ret q Indian trails, went on 3d.
scouting expeditions, and acted Al
escorts in 2l3 cases. Have guarded
~ Jails, assisted the civil authorities