Herald of the times. [volume] (Newport, R.I.) 1830-1846, 1838-10-18
HERALD THE TIMES.

CUsroM IIoUsE PRoDJGALIrv.--It appears
from the official documents sent to Congress
by Secretary Woodbury., that certain Col
lectors of the Revenue received last year
from the Treasury in the form of salaries
S227 ,635 GO more than the whole amount OF
revenue collected by them! AtSaco, Maine,
four revenue officers received more than .fc
teen hundred dollars, while they did not col
lect one cent of revenue At Edgartown,
Mass. six revenue officers, three of whom
received two thousand five hundred dollars
salaIy, collected only "twenty five cents ~
At New London, six officers were employed,
who were paid more than four thousand DOL
lars, while the amount returned as collected
by them was one dollar nineteen cents! Al
st. Mary's two officers were paid f,reive hun
dred and thirty SIR dollars. and collected only
one doih~ thirty fire cents
| Is II at all strange, when such things hap
pen.that the expenditures OF the Government
are ''retrcnched" from $l20OOO 900 year up
10 nearly s40,00OC00. And is it at all
strange, that when the hordes Of salaricd re-
venue officers are thus employed along the
sea coast to collect not revenue but voters,
the administration should be able TO carry a
State like Maine, which, with its inlets, has
more sea coast than any other three States
in the Union p Louisville Jour.
FRAuDULENr BANK TRANsAcrIoN.-The
good people of Amherst were astoundcd a
few days since, u, learning that fraudulent
transactions To the amount of about Sl7, 900
had just come TO light in Amherst Bank. 1t
appears, upon a rigid investigation of the af-
fair by the Directors, that Mosely Clapp, of
Orange, in Franklin county, some five years
since obtained loan of about $1,000 al that
institution, and at its maturity, being unable
to meet it, by specious promises. he persuad-
ed the Cashier, Mr.. Root, without the know
ledge of the Directors, TO accept his private
note for short time, and thus release the
endorscrs. Very soon Clopp made applica-
tion for more money, avcrring tha, his failure
was inevitable unless he obtained it, and
hence the other amount of course would fall
upon the Cashier Tor payment.
To secure that Mr.. Root was induced to
loan him more money, and subsequently, upon
the various promises OF Clapp, and entrcaties
at different times, and with the final hope OF
being able 10 obtain the whole amount, did
the Cashier continue TO advance money to
Clapp, unknown to the Directors, until the
sum reached about l7,000 Thus, for five
years, has Clapp had the Cashier entirely in
his power, and having once been partners in
trade, Mr.. Root felt unlimited confidence in
his reiterated promises and integrity. Hav-
ing once taken step for his old partners
relief to avoid exposure and with the ultimate
expectation of ofregaining the money,thc Cash.
er was overpcrsuadcd by benevolent heart
and weak moral principles, to become part
ncr in this painful tissue of villainy. The ex-
ploson of the whole matter resulted from the
recent failure of Clapp When it became
known to the Cashier, he was struck with as
tonishment, and upon close interrogatories
being put to him. he Immediately made full
and frank confession Of the whole transaction
to the Directors. He was Immediately dis
charged from tho Institution, and after sur.
rendering up all his own private property,the
sureiies on his bonds are amply able to make
up any dcfcicncy,so that the bank will prob
ably experience no loss, and Of course its re-
sources are unimpaircd.- Northampton Cour-
Ter.