Tho sIndependent Treasury.,
{"newspaper_name": "New-York daily tribune.", "edition": "01", "page": "p2", "byline": ""}
{"character_count": 2844, "word_count": 498, "ccnet_language_score": [0.9490000009536743], "ccnet_perplexity": [1238.800048828125], "fasttext_language": ["en"]}
The Albany dtias in commenting on the ex.
plosion of C.J. McNulty, commends the Sub.
Treasury as providing guards against defalca


tons, with punishment FOR every poyversion of
trus. in the fiscal agents of the Government,
and charitaby adds


hs solely beeaass ese st'ngea securities aud forci.
1eanes constitute so Important part Of tie bIt lsct tie


WAiss Adre oDposedIt."


SuppressiOg with difficulty the retost which
this language provokea and deserves, We will
calmly ask the Atlas to tel US, If the Sub.
Treasury would operate aO it seys, why Mr.. Jesse
Hoyt has not been made to feel its tender mer
cies7 We believe 1t is no longer doubted-at
least Court and Jury have decided--ihat he
conveyed over 100000 of the Public Money ia
his own use, the Independent Treasury to the
contrary Notwithstanding


Now the main objections to the Sub Treasury
scheme have reference 10 other points than to It's
unsafsness as place for gusrdicg tde Public
Moneys from pecuaton. But lot Us consider it
ON that ground:


For the seventeen years preceding tho Re-
moval Of the Deposites, as we'll as for the twenty
years prior to 1912, the collecting officers of cur
City handled no monoy at all. Whoever had a
payment to make TO the Government simpy paid
the sum into its depository, the U. S. Branch
Bank, and the Banks acknowledgment OF such
payment was assurance to the Collector and q
voucher for him that he had done his duty.
Nobody but the one Bank had any chance 10
depredats considerably on the Pubic Treasury
But when this system was overthrown, and
several Banks substituted for one, the danger
of defalcation was increased; and, when ind-
yiduals were in turn Iesorted to, the danger
wss-can it be doubted still greater. Not
that Mr.. Stephen Allen did not keep carefully all
the cash that got into the Sub-Treasury; the
trouble was to get 1t there. II stopped by the
way in Mr. Hoyps pockets and IN various CROOKS
and creyices. The leakage occurred in pouring
in and pouring out, not while tho money was at
rest in the vaults OF the Sub-TfeasuFy.


NJ The seat OF GEO. ]. ]. BARBER, the Wing
Assemblyman elect from Cortland Co. was con-
tested it will be recolloc,ed, by r. AcKeE, Loco.
{Mr. Barber wss returned by majority OF oae)
The Assembys Committee ON Elections has
uaan:mously decided against the claimant and
in fayo, Of Mr.. Barber. so,hat matter is settled


vraeIsm.-The House Of Delegates, being
Wing, on Thursday last passed, by 81 to 10, q
Joint Resolution for e,ecting U. S. Senator on
the 22d inst. The Senate, beng Loco, non-con-
CURED, by ID 9. So there will be no success
30. to Mr.. Ryes chosen this session.


IS THOMAS w. DokR, it IS stated. pesemPto.
rily refuses to accept of his liberation from the
State Prison on the stipulated condition OF his
taking tho cath of allegiance to the State. Just
as you say, SIR!