New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1891-10-07


him. II have been telling anything that is false
SoS y 9m n sSt GSht nSt hurt Told the
about him he ought not to feel insulteo. Now 1
S San he 20 adsS so0 Ne aa aOT %a Il
Money became scarce and high. and Uncle sam ha D
gan to wayer little i don't want to discuss that
question too closely, because it oends some people:
PAID Ss 1er i share s's'e n HSV over After c
war over and the boys III blue went home, the
and the country, contrary 70 Democratic expectations
began TO get psperCns We began to mP PoTe sr
plus. Our credit was getting good. We began to
ret rich and to pay the public de6 ana perform hnean a 10
set worried about that surplus Well, now they are
srad there is not eGng to be o any surplus Re mG
Congrs, got together and said NoW Tro we NH Sewe a
e ssse sni s''' ws they T passed 0 III looking
that end Mr.. Cleveland, Grover Cleveland, Father
ast saSS men as cooSe job" H. Fellows did
want that money refunded You Ses we had trouble
line. Just about that time did not succeed very
we'll IN collecting that tax In states like Georgia Ana,
fellows did not %ast us to pSy this money back to the
States Of all, and SO Mr. Cleveland vetoed IT,
That Killed = for the oa %e ana 10TH We Ssns6
which were Republican, and VIC succeeded IN e1ectns
re Q. appsa. GuSaon Of
refund came up again TGnse's sn8 8Ss he ssned It.
Now, DO you know, almost every Democrat in Con s
gress opposed it and did not want 1t done, ana
not going discuss the merits of that refund put
am going TO discuss the question Cd what mas oecTTo
OF New-York States share of this direct YAK, my
very rst state that held out its hand for the money
was New-York State. Democratic CongreSsnen nae
sSns S sS best SS e sSs our Se and
wise men began TO wonder what we had better 40 @r
IS l. Sam Johnson and splendid man he Is too in,
trodnced bill which provided that that money sn1u 1
be divided up and sent back 70 the counties that mao
II
raised; In other words, IN proportion to the wealth.
Veal e V %ss to 81 be rspSued that was perfectly
equitable. If hundred men raised fund today IN
soron to SS amounts Us g they to the
Now Nj william sheehan was Dsm emo r speae[
bic, for he holds me responsible for everything t ha
S dGs a tn ' w sfpG nE Ss G @
SO the Cars edict was carried out and we did not get
noble Republican, who has been the watchdog OF the
Treasury for many years When the Iaxrate t 1i1l
Legislature in a deadlock in order to prevent us
from knowing what they had been doing IN regard gard
Il S a. come boRe the Senate for acton and en
tor sloan proposed to put In that bin provision that
RepubHcaH Senators wanted to do it, but Democratic
senators said: :" No you shall not do it. We VIII
special session before yon sand any of this money
back TO the Counties Well we adjourned and we
left the disposition of that money, S2,2oOooO I'M
What was done' Well state Treasurer Dantprth
sad the money belonged IN the general fnnd We'll
another Democrat sent us his congratulations upon
the low tax rate, and he said in addition that he con
m ne people opr o. n thg asS9e ali
5000 900. The Revised Statutes say that all such
MONEYS shall within three days be deposited In banks
ia the cities OF Albany ard New-Yorh which shall
furnish sufficient security and which the Coni iG6S
institutions and which shall pay the highest rate Of
interest; Mr. Danioth says that ne distributed ms
drawing . per cent per annum interest, semtannual
stocks. Tho sem-annual stock and interest on II
amount in six months at the rate he speaks to s11o
on whole amount. Now the per cent you can easily
calculate for. yourself. (Lauehterl Now he says In
subject to check at any time.
Now I hope Mr.. Danforth won't think am insulting
him when say that when he said that this sum thus
said III TO deceive the people for he knew that it
his whim to change the repositories. Why, II could
not be checked cat. The constitution settles that I'M
less there had been appropriation upon the war
rant Of The Controller and Controller ,Wemple says
that there are no appropriations and there was that
Danforth who is so easily insultcd tells you that that
money was subject 10 check at any time, j submit
at poHghSeepsle the other light that I understood
that this money was given to , iavorlis bank eeI
When said three per cent did hin G 99 much @ d b@
nS Snen m iG S 0ns Red O Srn at ~
SAID that the bankers were undoubtedly ioanng this
and sst s 9 to per w fsh e WAS
getting and what the bankers were getting, ana
said further that afforded large margin lOr wv
cend (I.auehter.) Now don't in And then, in order
not to insult Mr. panforth said it would be Interest," Saes
have this fund of So 200 00O second when did they
get the money Third w much mas eSc4 canS 5 20,
which each bank got each sum OF money Fifth, was
there any private arrangement not in writing, WHEREBY
one bank got Ave and six times much as the Other
banks Next, was there any public advertisement
telling banks that tsii @ er te aTa a tn@I e ts
OF any kind made TO secure more than per cent?
It S 4esr not %hy s' Ss you out aS on e
per cent when In consultation Today with two q
The best bankers Of n hi bs city q c 'y
have given per cent for Ill ,, When , MI DanoFn
insult him. But mean this That you pay 600
more taxation than you ought 20 pay ana that means
S27, 900 for this county 10 raise that money You YOU
To- S9 bankers e at per cent Now they take which
horn e a5a Of IT. fy In hs Ii
place, they would not let give you back the
in the second Rac9 the ne ed nSS g
did or did not make some eomSraoie management zen r
cused. nowover after my familiarity with the animal
having my suspicious da n9t Ts ham 70 dc no
mean that no should insult you and me by giving tie
public lot Of rot and expect them 70 believe , IT,
PGghkeepsie last Friday and II the books Of the state
properly kept he could neVs sSent ySaokeeper
and and Il they have not got decent booLeeper it is
time turned the rscals ont and looked at The oookS
VOICE Sow o s fe9 9S insult Mr. how
money is there to-day in the canal fund or money pc
longing TO the canal fund.- How much money is there
=" al o1s and descriptions which does not have TO be
deposited 10 New-York or Albany, and where is that
moneys What banks have got III What are tey
nayine for that money What agreements have you
made with them when they get 1t Give us the names
Of the banks Give us the names OF the onicers.
Give ne he time when you let them have money. Give
US the amount of money the bank has got have e.,
Se cstecor1cally answered. l want to put Mr.. Dan
forth upon his honor now: am not inclined to
asn times when some one representing Mr. Danforth,
Ii not Mr. Danforth himself had pretty g9oa reasons 66
not make n ne charge, but only make the suggestion
Of what possible Is i not easy n for the ne banks sasy e 70
H. psnforh Ia give us excerpts from his booksi Let
rs turn on the light. Give us the record. Any
banker viii tell you that this S22oooOo coqu Jus. as