People's Pilot, Volume 5, Number 5, Rensselaer, Jasper County, 25 July 1895 — FOR SAFETY OF FUNDS. [ARTICLE]
FOR SAFETY OF FUNDS.
BcpmMtotlT* Klein of lUlnoU After Trust*®* of Public Manny. Springfield, 111., July 25.—A bill was introduced In the house yesterday that provides that every officer charged with the safe keeping of public moneys, who shall loah, use, or convert to his own use. deposit in banks or exchange it for other funds than as specially allowed by law, shall be guilty of embezzlement, and for violation of the act he may be sent to the penitentiary for a term not longer than ten years, or fined an amount equal to the sum embezzled. The h#use resolved itself Into committee of the whole soon after It convened for the purpose of considering the revenue bills. Delegations from Chicago were heard on the subject, and when they had finished the house rose from committee of the whole, and reported its progress to the house and asked for further time . The house then took a recess until 3 in the afternoon. When they re-assembled the committee of the whole decided to adopt a section providing for an assessment of seal estate every four years. It then proceeded to discuss the other amendments. There is again indecision and doubt in legislative circles as to what policy shall be followed. After a four-hour caucus behind closed doors yesterday the Senate agreed on a proposition for a recess until November 19. It is impossible to tell how the house Republicans will receive this proposition. If adopted, it is expected that the general assmbly will quit Springfield next week. The senate was the scene of a sharp party fight. The republican members were anxious to secure a recess ui*il afternoon, but owing to a disagreement among them the democrats obtained an adjournment after a session lasting barely twenty minutes. A message was received from the house asking concurrence in the Hogan Arbitration bill. Some bills were introduced, and the senate adjourned .until 10 o’clock today.
