Evening journal., 1891-03-06

j
Frank Herbert-'I suppose that note |
was made TO meet our maturing coupons I
That money was used for general pur
poses -
Mr. pfling-"Then It was not money
he borrowed
Frank Herbert Oh, mo- We used it
for general purposes
William Herhert-"lt may have been |
that he was short and took his note
Frank aer5ert--"l can tell by looking
at he books
Mr. Piling-"Then get the books, aud
let us get at the bottom OF this thing"
Frank Herbert-"Mr Burnite has the
books.
Defective Auditing.
While State Treasurer Burnite was
after tee book Mr.. Herbert desired
James II Boyce who was state auditor
dur ng Mr., Herbert's term was called and
sworn
Mr. Pilling conducted the examination
and the ex auditor admitted that the
method Of auditing the state accounts
was very defective. as the state treas
urer s copy of'his books were generally
accepted without question, aud the audi
tor knew nothing Of his transactions
The Legislative Committee having
allowed the discount charge, he did not
think anything about It. de did not
know whether the charge was a proper
one. he supposed that Mr.. Cochran did
not settle at the proper time In 1880 and
and IL that was so the charge WAS
wrong While Mr. Boyce was being ex
amined, Mr. Herbert said that he had
Mr.. Cochran's note discounted. In re-
Spouse to the question on Mr.. Coehran's
indebtedness, Frank Herbert said he
owes $44, 993 81
Mr. Pilling-aWhere is the entryY'
Frank HERBERT could not make II
Il was necessary for me TO see the
schedule Of Rpportionmsnt from the clerk
Of the peace. Some OF 1t goes TO one
fund and some to another
state Money Loaned.
Mr.. Pilling-"A According to these
books the notes were given to the state
treasurer BY Mr. Cochran.
MIR. Herbert-@"They were
Mr. Pilling-"W that state money
or was It borrowed Tor state purposess'
William Herbert--"It was state
money
Mr. pllling-"what right had you to
do It,"
william Herbsrt-"well, did It;
took the responsibility.
Mr.. Bnyca then referred to his books
and showed where Cochran had receipts
in full for the amounts, OF licenses.
(while he had not paid in full In cash)
/ from Mr.. Herbert and Frank Herbert,
after examining the ledger corrected
| himeelf IN the statement that the notes
were made 60 raise money for state pur
poses, aud the state had money sufficient
| in the treasury at both times to meet all
MI. Pilline-'If The state had plenty
Of money In The treasury then this Is q
wrong charge
Mr. Boyce-" Yes. 1t Is wrong. took
II for grated he had vouchers for It,.
Frank Herbert ii correct that state
N Mt. Mr. Cochran owed the state f44
900, and settled December z. The casl
account will show whether we needed
money
William Herbert-"We were not Ii
any need Of It. Mr. Cochran owed thi
state th s money and that i the who'll
secret Of it.
MIR. Herbert VIII Settle Soon.
Mr. Pilling-"Has your father settle
with the state treasurer
Frank Eerberh-"No, sir.
Mr. Pilllng --"How much does he stil
owe the slater
Frank Herbert-"Sa4,4 47 81 that !
: the balance due the state
} Mr.. Pilling-" When does be expect Z
; SETTLER"
William HeTbert-'.I expect that will
. I 4. IN N. u nN D..
latest The reason I did not pay IL wal
because could not realize on certain in
vestments have made"
Mr.. Pilling A"Well, how about thos'
two items OF discount"
Frank Herbert Father, the mem
hers az the committee think the tive
charges Of discount are unjust ones
Shall say that we will add the amoun
Of the discount TO the check
William Herbert-"Yes."
Mr.. Pilllng-"We are not here to cen
sure. We are simply here to investi
gate and let the people know the tru
/, state Of affairs.
Frank Herbert-"He has been carry
ing too many people. We have com
down to make things plain and we hav'
done so
Mr.. PIlling-"Yes the trouble is yol
have been taking paper instead o
money,
Books to be Examined.
MIR Pilling-.Mr. Burnite have yol
examined these books?'
Mr. Burnite--'N0 sir.
Mr.. Pilling-"Are You willing to taxi
these books as they aref'
MIR Burnite-"No, sir; we will examine
them before we make fnal settlement
Frank Herbert-"We want an in
ve'tigation Of them.
Mr. Pilllng-"Ths is right. Begin
your work on a solid basis and You vii
find 1t much better"
The meeting then adjourned, TIL
committee will meet the first part Q
mex week to decide some means TO dis
cover the missing securities and see !
any steps have bsen taken By Stat
Treasurer Herbert to effect hna
, settlement.
The general inclination is TO give hin
all reasonable time TO realize on his In
vestmenss. and not forte him to aacrlfc'
his property.
John N Houston Indignant.
Ex-state Treasurer Houston Is indig
nant at the assertion made to an EVkEINs
JOURNAL reporter by one Of William
. Herbert's bondsmen that he (Hnuston
had delayed settlement with Mr.. Herbert
He said to-day:
~ paid State Treasurer Herbert ever,
penny due the state January 2e, 1857
the very day turned over the effects o
! T. L.