Burlington free press. [volume] (Burlington, Vt.) 1827-1865, 1843-02-17
@s@Tl5lsateaD
FRIDAY MORNING, FEBRUARY II, ls43

N.Y. ~
FRIDAY MORNING. FEBRUARY II, 1913.
THE VAN buren, DEFAULTER.
The subjo'ned letter was written in obe-
dience to resolution offered by Mr.. Board
man Of Connecticut, in the House of Rep
resentatives Of the United States. 1t gives
clear and full statement of the defalcation
Of Jesse Hoy,, late collector of the Port of
New York. Mr.. Hoyt was appointed COL
lector by Martin Van Buren,. Immediately
after Samuel Swartwort, who was appointed
by General Jackson, had abscondcd from
the same post and port, in consequence of
still larger defalcation. These are the
only two cases Of defaulting collectors, under
our Government, at the Port of New York
and the case Of Jesse Hoyt serves to show
how utterly Intellectual are all the arrange
ments Of the Sub Treasury act, with its
vaults Of stone and iron, and its heavy penal
enactments, 10 ensure the safe keeping of
the public money. So long as the funds
Of the Government were in the custody of
National Bank not cent was lost of the
millions collected,or received in deposit, and
paid out on demand to the public creditors,
and for public uses by that institution
When will the lessons Of experience, multi
piled, and various, and perfectly conclusive,
prove available against the false prctences
Of party and the importunate clamor of de-
magogues!
As to the political effect Of this letter,
the people will hold Martin Van Buren,
responsible for Hoyt's defalcation, ,nasmuch
as the last named parsonage has published a
pamphlet in which he says his course was
expressly approved by Van Buren,, and the
correspondent, of the New York Express
says it is we'll known at Washington that
, Van Buren, was constantly in the habit Of
overuling Mr.. Secretary Woodbury's decis-
ions in this matter, and treating him and his
, letters with the utmost contempt.
, Officer of the Solicitor of the Treasury
January 7, 1913.
Sir: have received the resolution of the
). House Of Representatives, That the Secreta.
: ry of the Treasury be directed to communicate
r to this House the amount Of the defalcatou OF
r Jesse Hoyt, late Collector of the port of New
York, and also what means, if any, have beer
: adopted for the recovery Of the same, together
!. with the names Of the sureties of SAID Hoyt,
: and, in reply, have the honor to state, that i
o appears that Jesse Hoyt executed three bond
= to the United States during the period he con
}, ,inued in office the first on the 22d March
l. | 1919 in tho nona1ifv &1E0 000 with n ,l,o
d McJimsey, Lewis NJ. Thurston, Lorenzo Hoy,
e Jesse Oakley, Thomas J. Oakly and Samue
!. Jones, sureties the second on Bob November
IS 1888, in the increased penalty Of 100000 witt
n the same sureties as on the first bond--,hi
l. bond superseded the first; the third on AL
" December, 1889, in the penalty of 100000
y with Thaddeus Phelps, surety. This bond wa
required in addition to the proceeding one Cop
m les Of these several bonds are herewith en-
to closed.
pi The amount Of the defalcation Of Mr. Hoy,
as late collector o; the port Of New York, ap
IS pears, from the adjustment Of his accounts b.
IN the Auditor and Comptroller of the Treasury
D. to be S226,2295 81. OF this amount, it appear
g. that $lO,247 "a accrued previous to the exc
" cnton of the bond of l4th December, 1888
" and suit has been instituted in the Unite
IN States Circuit Court for the Southern dstrc
le of New York against Mr.. Hoyt and his sure
ties to his second bond, dated Both November
ID 1893. For the remainder, $2l6,0i5 OF, sui
has been instituted in the same court agans
re Mr.. Hoyt and the suretes on the same bone
X and also the surety on the bond at l4h De
cember, 1899. These proceedings were com
ed mcnced on the Goth February and 9th of Apri
1S4l, and the suits have been continued fror
ct term to term, at the instance Of the defendants
u The district attorney, in his reports of proceed
he ;ngs al November term, 1912, which ended o
O.. the 10Th utimo, states that these suits wer
on put off for the term, upon the defendants az
plication. and an affidavit of Jesse Hoyt, settin
as forth that, since access had been allowed hin
n to papers in the custom house, his chief cler
had been constantly at Philadelphia, as vii
u.s. ness on the part Of the United States in cer,ai
rk seizure cases."
to In addition to the suits above mentioned
measures have been taken to cause the dstr
H. butive share Of Jesse Hoyt, as late collector.
- the proceeds Of certain goods seized by his
raj rection at New York, Philadelphia and Bait
lie, more, for violations Of tho revenue laws, an
recently condemned as forfeited, to he apple
in payment Of his debt to the United States-
What this share will amount to it is impossib
yet to ascertain, the marshal not having con
the pleted the salcs. 1t will, however, be cons'
at cradle, the marshal having already reporte
sales to the amount Of near 100000. IN
&C. right SO to apply this fund is controverted
,ts peasons claiming il under deed of trust for II
of indemnity Of his sureties on his oftclal bonds
md but as the subject Of the trust is indirectly
~, accomplish the same thing, il is supposed tn
na' the application Of this fund to the payment
een the debt due to the Government will ultimate
the be effected.
to With great respect your obedent servnt,
orn CHARLES B. PENROSE,
~ Solicitor of the Treasury.
ion