Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1883-03-03

How He Got Away With Tennessee's
Cash and Makes RepIy-He Hopes to
Make Full Restitution-A Cheeky Docu-
ment.
NASHVILLE, Tenn, March 2.-The legis-
lative subcommittee investigating the
condition of the treasury on Monday pro-
posed to ex-Treasurer Polk fourteen inter
rogatories, to be answered under oath.
The first was an inquiry as to the disposi-
ton of $4,000 in United States bonds.
The seventh interrogatory was as to the
amount of Tennessee bank notes and
bonds with which Polk's attorneys propos-
ed to make good his liability to the state,
belonged to him or what proportion TAX
en- by him as colIaterale for
money loaned. The fourteenth interroga-
tory was as to how he obtained credits
with the banks by which his treasury ac-
counts were made to appear correct The
others relate to the disposition of the ac-
cumulated funds in the treasury immedi-
ately prior to his vacancy of the office; if
he. at any time dealt in Bank of Tennessee
notes, and what became of them; whether
he speculated In Memphis q Charleston
stock, and who were engaged with him
relations with Victor Newcomb, of New
York, and the nature OF his transactions
with him, etc. Polk in reply does not an
swer the first and fourteenth interroga-
tories as to the disposition of the United
States bonds, and the manner OF obtaining
credit with the banks, being advised not
to answer by his counsel, as the questions
involve matters now in litigation
bn ~
courts. In answer to question sew
enth, he says: ''In the proposition
made to the state through my attorneys
by some relatives and friends. L understand
they expected out of the assets attached by
the state, and my securities to realize the
last payment of $4,000 in the new issue
of the Bank of Tennessee contemplated in
said proposition. With that exception l
had no interest whatever in the bonds or
new issue therein, offered to furnish none of
| 1t, nor was any of it furnished or to be
furnished by any one out of an assets or
means of mine held by them to my
knowledge, and no part of said money or
bonds wasi ever taken or held by me or
collected for me and loaned to any one
else" He says that he had $4,000 when
he left Nashville; that his kinsman, Van
pOlhs HdO uO uOnOg DOlOuSIuS UO HlIu
when he went to Mexico, has no property
or money or securities held by others in
trust for him; that he did deal in the
new issue of the Bank of Tennessee
notes and probably had at that time $780,
900 of them; had invested $4,000 in a
mine in Mexico which is to be paid to
him out of the first receipts of the enter
prise; did deal in Memphis & Charleston
stock in 1881 and 1882, and made consid-
erable money, but had no partners in the
speculation, did not remember
having gone into any stock
speculations with Mr.. Victor Nswcomb;
may have invested in some stock upon his
advice and he may have giveu directions.
Does not remember to have had any pri-
vate transactions with him. Polk further
claims that injustice has been done him in
the committees publication of the experts
reports, and says there was not an investi-
CATION of his Office from the time he took
charge down to 1881; that
these were mot strictly cor
rect and true; as to those made after
that date as the suits referred to above in
volve them, he shall not speak. At the
conclusion he says: 'Whatever of wrong
has been done In the management of my
Office, I am the responsible one therefor,
and L cherish the hope that sooner or later
if l have wronged the state may be able
to repay it ALL"
Wigwam
ID NJ