Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1883-01-06
100000.
The State Treasurer Of Tennessee
Would Have StORn More,
BUT 1T WASN'T IN THE SAFE.
He Didn't Tote OF the Vault, Because
it Wasn't Portable.
HE is NON EST COMATIBUS NOW
And His BOndsmen Will Have to Make
Coed Their 500, 200 Bond.

OOVN hOAA PAOVSVOV DVAANs
NASHVILLE, Tenn, Jan. 5.-The legisla-
tive committee appointed to investigate
the Office of the state treasury reported
this morning that the treasurer
had been out of the city two days and his
clerk was not prepared to make state
ment of the accounts. There is deficit
in the treasury of 100000, and after con
sultation with the bondsmen of the treas
urer they recommended suspension of
business of this Office for the present.
MEMPHIS, Tenn, Jan. 5.-Considerable
excitement prevails here over reports from
Nashville, where it is rumored State
Treasurer Marsh T. Polk is defaulter in
the sum of 100000.
NASHVILLE, Tenn, Jan. 5.-The an
nouncement from the state capital this
morning of a deficit in the state treasury
produced a genuine sensation throughout
the city. The following is the report Of
the legislative committee: The joint
select committee to settle with the comp
troller and treasurer, report that they have
visited the Office of the treasurer and upon
inquiry find the treasurer away from the
capital, and has been for two days, and
they are not advised when he will return.
His clerk states that he cannot go into
settlement of the treasurer's account till
his return. They also have information
from the bondsmen, or some of them, that
the condition of the treasury is such that
they feel justified to recommend that the
workings of the treasury be stopped until
an examination can be had.
The senate to-day adopted the following
resolution:
WHEREAS, The senate has reason to be-
liave that M. T, Polk, the present treasurer.
is defaulter for about 100000; andi
WHEREAS, The bond given by the said
officer is not sufficient in amount to secure
said difcit; therefore, be it
Resolved, BY the senate and house Of
representatives. that the attorney general
OF the stete be and he is hereby in
structed to attach instanter all available
| assets belonging to the said M. 7. Polk
proyi ded that sufficient ground exists, t.
the end that the same may be held for tn
satisfaction of the same in case of a de
fcit.
! The state treasurer's official bond wa
for 100000. His bondsaen are VIM. n
and A. R. Dune an, of Newell, Juneau cour
tg. brokers; Max Sax, cashier of the Nasl
Vile Savings bank; Vim. Morrow, formt
sta te trea surer; Win Polk and j. 8
I Carpenter, all of Nashville; j. R. Poid,
/ t, D. Allison and r. p. Cole, of west Tel
nessee, and A. S. Horseley, of Columbia.
At the last extra session Of the Iegisla
ture bill was introduced to increase tt
bond of the state treasurer, but the bi
was stolen from the desk of the clerk
the senate the night before it was to con
up for final passage, which was on the d;
before the time fixed for the final adjoGT
ment of the Legislature.
The amount of the deficit in Il
treasury cannot be accurately ascertadn
until thorough investigation. One Of f
bondsmen, who has been examining a
counts, says they show thus far a deficit
S3D,000. The same bondsman says t
treasurers books and accounts at one of tt
banks shows discrepancy of over So, OF
Ju st before Christmas he said he drew 0
of the Bank OF Pulaski $4,000
The state funds were distributed
. various banks at Nashville, Knoxville a
M en- phis. The missing funds are su
-,
10 aned to personal friends engaged
speculation in bonds and stocks.
Treasurer Polk left Nashville Wednt
day. He was last heard of at Mile
Tenn, from which point he wrote ba
that he would return Sunday. His sfam
here do not know of his whereabou
Treasurer Polk is ffty-one years old,
graduate of West Point and served 70
years on the frontier. He was capita
of artillery in the confederate army
Chatham's division, and lost leg at t
battle of Shiloh. He afterwards served
the staff of Gen. Leondas Polk, to who
he was related. After the war he resid
on farm near Bolivar, Tenn, until elect
treasurer six years ago. He was a nepht
J. of the late President Polk. He has
large family and.oecupied high seci
position in this city and state.
3 Col. Polk left this city on Wednesd;
5 afternoon via the Northwestern line, wi
} his trunk checked for Milan, Tenn. A le
: ter dated Milan, Jan. 4, was received fro
r him by his clerk, Mr.. Fleming, last nigh
e Gov Hawkins, in reply to an inquiry
q any steps would beSaken for his apprehe
sion, said that no application had bes
made for his apprehension, and thereto
> his actions will depend altogether upon Il
character of the application whom mad
r The books in the treasurer's Office are
s good condition, and the only question
Y the amount of the deficit, which can
9 ascertained in to-morrow's investigate
! in comparatively short tins.
: Kalakuas Coronation.
SAN Francisco, Jan. 5.-The Unit