1756 CONGRESSIONAL PROCEEDINGS. 
of what was known as the Chickasaw national fund and $3,000 more 
of what was known as the Chickasaw orphan fund in these Arkansas 
bonds, making a total of $631,000 of bonds for which the State of 
Arkansas was liable. 
Mr. President, I wish to say here that so far as the State itself is 
concerned, and so far as the great body of its people are concerned, 
it has never been the beneficiary of a single solitary cent arising from 
the issuance of these bonds. I do not mention this for the purpose of 
showing that the State is not liable to the Government for the bonds 
or for the purpose of showing that the Government was in any way 
liable for the failure of the Real Estate Bank, from which the State 
suffered; but I state it in order to meet the false charge which has 
been made in the anonymous pamphlet which has been circulated here, 
that the money all went into the Arkansas State treasury and was for 
the benefit of the people of that State. I repeat that the State: has 
never received one cent of benefit from the money which was invested 
in these real estate bonds. 
Mr. J. Z. Grorar. Who sold the bonds? 
Mr. Berry. The State of Arkansas or the bank sold them. They 
were issued to the bank. 
Mr. Grorcr. Who got the money? 
Mr. Berry. The bank held the bonds and got the money and failed. 
Mr. Grorer. And never paid? 
Mr. Berry. And never paid. 
[repeat, I do not state this for the purpose of showing that the State 
is not liable for these bonds, but I state it in order to show that she 
was the unfortunate victim of a bad law passed in the State of Arkan- 
sas in 1837, 
One other fact, Mr. President, to which I desire to call the especial 
attention of the Senate. It is alleged in the communication to which 
I have already referred that if this bill passes, the Smithsonian Insti- 
tution and the Chickasaw national fund will suffer. The Smithsonian 
Institution and the Chickasaws have not one cent in this fund. The 
Government of the United States long since paid all the money that 
they had invested in these bonds over to the Smithsonian Institution 
and to the Chickasaws. It is a question entirely between the Govern- 
ment of the United States and the State of Arkansas. The Smith- 
sonian fund has been reimbursed; the Chickasaw fund has been pro- 
vided for, and they are no longer parties in any way to this proposed 
settlement. 
Mr. Puarr. I should like to ask a question right there; that is, 
whether the United States has actually paid the money to the Chicka- 
saw fund for these bonds, or whether interest is still being paid ? 
Mr. Berry. My opinion is that she actually paid it and turned over 
the money and interest is not being paid. 
