The Brookhaven leader., 1890-03-27
THE TREASURY DEFICIT
The Legislative Committee Submit
Their Report to Gov. Stone.
They Find That Ex-Treasurer Heming-
ways shortage Foots Up s315,612.1o-
Col. Hemingway Asserts That He
Has Not MIsapplied the Funds.

JACKSON, MISS, March 19.-The Leg
| islative Committee, created to investi-
gate the office of ex-Treasurer Heming-
way, this afternoon made the following
| report:
To His Excellency, John NJ. Stone, Governor:
The Joint committe of the House and
Senate of 1890, charged with the duty OF
investigating the alleged deficit in the
accounts of ex-Treasurer Hemingway,
beg leave herewith to report the result
of their investigations. After thor
ough, complete and painstaking exam
ination of the books of the department
and all the vouchers thereof which were
attainable, we find that the ex-Treasurer
has not yet accounted for S315, 612.19,
and he is indebted to the State for that
| amount, and sheet of accounts is here
| with filed, marked statement No. =.
When Mr.. Hemingway assumed con-
| troll of the department he receipted his
predecessor for the following items, viz:
Current funds as follows: State bonds
paid and not audited, S12S, ,450; coupons
| paid and not audited, S105,550; certifi-
Gates of Indebtedness, S121 ,444; interest
| on insurance deposits paid!and not aud
| tied, 81, 800; State warrants paid and
| not audited, S21, IT'S; United States bonds
| and common school fund, S67, 900; one
counterfeit bill, 500; United States cur
rency on hand, sos, ,26S.SS. We assume
that no contention can arise over any of
these items unless a superficial examin-
alton would leave the two items of bonds
and coupons paid and not audited"
| somewhat in doubt.
| Such an examination as has been made
| by this committee will, however, dem
onstrate that Mr.. Hemingway took
proper credit for each item, including the
items of bonds and coupons. The re-
ceipt to Holland by Hemingway does not
identify the bonds paid by Holland.
| We have ascertained from the books
and laws what amount of bonds land the
! particular bonds) were due and out
standing January l, 1876. The books
| show Hemingway subsequently cred
| tied himself with all these bonds, ex-
cept four bonds of the act of 1876, "Series
| b." of the denomination of 800 each,
and one bond of the same act and series
| of the denomination of $50. A table
| herewith filed, marked statement No,
| shows the bonds due and outstanding
| January /, 1876, their denomination and
| the dates when same were credited to
| Hemingway, and also the identical
bonds now outstanding. There being
| only S7S4, 200 of bonds which could pos
sibly be debited to the Treasury upon
the day Hemingway took charge, and
he being credited with all of these
| identical bonds, except the $3.50 above
referred to, we submit the credits neces-
sarily included the bonds delivered to
him by his predecessor as paid and not
| audited"
We respectfully refer your Excel
lency to the printed report of Treas
| urer Hemingway of the transactions for
the year 1876, page 26, where is made
detailed and itemized statement of the
character of the current funds compos-
ing the balance in the treasury January
1, 1887; and the bond item contained in
a like statement for the year previous
is omitted, thus demonstrating that the
bonds were properly credited during the
first year of his incumbency.
This conclusion is further strength
ened and verified by a memorandum
found upon the files of the Treasurer's
Office, and identified by Col. Hemingway
and c. +. Hemingway as the work OF
Mr.. j. ii. Nelson, chief clerk of Treas
urer Hemingway. The original is filed
with this report, and marked Exhibit
A"
A discussion of the disclosures which
appear to us, are contained in this mem
orandum, which we deem pertinent and
proper. 1t is there shown: Bonds paid
by Holland up to January z, 1876, S123,-
$50; bonds paid to March l, by Heming-
way, S11 500; bonds paid before March 1,
$500, 900; bonds paid since, 500, 900;
bonds paid March %, S1,050. Total,
S137,4 These figures are summed in
marginal note on the original mem
orandum verifying the total. The books
of the treasury show that Mr.. Heming-
way on May 81, 1876, was credited with
1884, $50 ON account of bonds paid and
Cancelled, $227, $50 of which were paid
by the issuance of like amount OF
bonds due and payable January 1, 1896,
and known as the agricultural College
Fund" If we deduct the college bonds
| Cancelled and refunded from the amount
of bonds credited upon this day, we find
| the balance credited, S137, 400, the exact
amount of bonds for which he receipted
Holland increased by the amount of
bonds due January l, 1876, and cancelled
| by Hemingway up to and including May
| 81, 1876. This memorandum was filed
with and was part of general state
ment of the bond account for January
| /, 1876, and dated May 80, 1876, being
made at the time, we deem it material
and competent evidence that the bonds
| turned over to Hemingway by Holland
| were properly taken and credited for by
| Hemingway May 81, 1875, and do not
form any part of the balance in the treas
ury January 1, 1890.
To establish, if possible, the cor
| rectness of Treasurer Hemingway's ad-
ministration we have left no stone un-
| turned. But with this emulation of
| absolute proof we were forced to see that
| the item of "bonds paid and not audited"
| could not be deducted from the balance
which he reports to be due January 1,
| 1890. The next item of coupons paid
and not audited" is also not identified
by the report given by Mr.. Hemingway.
But this can be disposed of as satisfac-
| tory as the item of bonds. The books
show Sl10,34O of interest due and out
standing January, 1876. When we use
| the words due and outstanding" We
mean to include all interest due and
| past due for which credit has not been
taken. The books develop the fact that
Treasurer Hemingway had been credited
with S110,S24 on account of interest or
coupons due and outstanding January 1,
| 1876. Two statements OF the coupons
| outstanding January 1, 1876, are filed,
| marked statements Nos. -, which show
when the coapons were credited to Mr..
| Hemingway. We can identify S70,S7
/ of the coupons delived to Mr.. Heming-
way by Holland, which included all of
the coupons due prior to the 1st day of
January, 1876. A statement of these cou-
| pons is here attached, marked statement
| No. =, which shows in detail when same
were credited to Hemingway.
/ Statement No. shows the commons