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on ount m meys deposited in said bank by th late Treasurer, Mr. Bresiin, or by his orders, the sum of From the Commercial Bank of Toledo on similar account From Daniel Beckel, (Dayton) From W. W. Cones & Co., (Cinc'ti) Total (exclusive of interest) The City Bank of Cincinnati, known to the public, has failed. 'I has not been able, as yet, to obtain information in regard to the divi the bank will be able to pay its e is however, propable that a small po debt may eventually be realized. Judging from information that th deem reliable, the committee beli balance due from the Commercial ledo will be paid in full, but as the bank, in the hands of receivers, co of lands, town lots and buildings, or payments on sales of real and person full payment cannot be sately ai less than two years. Mr. Beckel h a deed of trust of certain parcels of I secure the payment to the State, Breslin, late Treasurer, in case he discharged his liabilities to the treas 000 ofthe above stated balance. ments are, by the conditions of sa trust, to be made by installments, various times from January 1, 1857 1, 1858, as will appear by docume H and I, herewith submitted. Of the probability of realizing the from W. W. Cones of Cincinnati, w failed, the committee cannot speak dence. Those who know somet] late company, differ in their estin dividend they will pay, or which n proceedings, be collected of them. mittee place little reliance on mone be realized from this source. From the testimony of Henry ] Treasurer of Hamilton county, cor that of R. C. Hazlewood, Treasurer same COUI ty, (see documents herew ted, marked K and L,) it appears tl ding of W. W. Cones & Co. for I sponsibility, at the time of placing moneys in their hands by the late by his orders, was not such as to will transactions without first taking as rity for the repayment of the large ney placed in their hands. There son to believe that part at least of of the State thus put into their han to establish the Kanawha Bank of to give currency in this State to the ed by that bank. It would also se late treasurer was in some way i that bank, although Mr. Cones, wl stood to have been a stock holder and who mus: undoubtedly have kr er or not Mr. Breslin was also a declines to answer the question pt that point. (See document M.) to explain by any other hypothesi interest manifested by Mr. Bresli the credit of the paper of that bank these circumstances, we add the di oath of Henry B. Bowman, that "it stoo by him that Come & Co. and were interested in the Kanawha B owners," there seem to be little ro that the late Treasurer was inter bank, and used the funds of the Sta in operation, or at least to sustain i The committee cannot forbear their decided disapprobation of th using the public moneys, either di directly, for purposes of private em to build or loster any private comps tation-more especially one in which or agent having the custody of S may be interested. Stringent laws of a penal charao ned with frequent and searching e by the Legislature or its cominitt management of the moneys and fin State seem to be absolutely necess vent great pecuniary losses to the still greater depreciation of public 1 Since the examination of the trea ment by a commission created for I about nine years ago, no careful ex that department appears to have be Years have gone by since there has critical comparison of the books, vonchers of the auditor and treasu Thus the great object of making tl office a complete check on that of er has for years been rendered entit This state of things has resulted II fective Legislation than from naglect the part of the officers of State; an dently hoped that the legislation of session on this subject will greatly does not entirely cure these evils. The impossibility of going in to amination of all the transactions, be and vouchers of the treasury dep tending through a period of nine committee of the Senate during its be at once seen and acknowledged. dinary legislative duties did not OC the time and attention of the men
