The true Democrat., 1856-11-25

cell in the Tombs. He went to work systemat- ically, and used, at first good deal of caution to evade detection. He was in the habit of going to the office of broker in high standing and purchasing from notes of firms, sometimes to the amount of S60OO0 or SSOOOO in a week. For these he always paid in certified checks. He was an easy dashing- looking fellow," said the broker had always segar in his mouth, and was perfectly cool and noa- cbataH in his manner, so that he might very we'll impose on one; but there was something about him that 1 could not understand I could not comprehend why he should come and buy our notes, as we did not divide the dis count with him. and he could make nothing by them" He afterwards found out the secret of It. Huntington would buy these notes, dupli- cate them, sell the notes again, and use the duplicates as collateral security in raising mo- ney. At first however, he used only the gen. uine notes, and as they were always found to be correct, he gradually gained the confidence of those with whom he had dealings When he had thus completely disarmed them of all suspicion, he began to use the duplicate or for ged notes. His plan was this-he would go lhto note brokers; say he wanted to borrow SfotUO for month or so, for which he would give ms own note of hand and certain other Oiis or such and such dates and amounts as coilateral security, and he would leave d me- morandum or these bills. If the broker want ed to satisfy himself that all was right he would send to the hrms purporting to be the drawers, and enquire whether they had ont the notes described. They would refer to their books, find that they had issued such notes. and consequently the broker, not doubling that those offered by Huntington were the real ones, would advance the money asked upon them With the money thus raised Huntington would make speculatons, or would take up other bills becoming due, or would Use it for his private purposes. And thus he went on from week to week and from month to month
 Escaping so often undetected, he began to relax m hls exercise of caution Instead of buylng up genuine notes and duplicating them, he would sometimes go into Il broh her's, ask to look at hls paper, run his eye over the amounts, dates and names of drawers and would under take, from memory alone, to duplicate such as he thought best fitted for his purpose In this. however, he sometimes made slip, for we ind that Mir. Kane, a broker. with whom he had extensive dealings, detected him on two or three occasions, in offering notes which he discovered to be forgeres. Why this gentle man dld not then hand the cul prit into the hands of the law, Is question which he will nave some dltnculty In answering to the satis- faction ot the public. Another broker, hold Ing note which he~suSpeCted to be for gerry, went to the firm purporting to issue it, and although It was but a clumsy imitation of the genuine note, the party, without looking at It, and by merely referring to the bill book, declared 1t to be all right. Is it any wonder that any with loose way of doing business, frauds would be perpetlated? The only won- der Is that they are not much more numerous.
 The manner in which Huntington's opera tons were brought to light was no less curious than the operations themselves, and proved nm, alter all, to De rather careless and clumsy iora successful practitioner. Among a parcel Q of notes which he gave to Belden & Co.,. as collateral security, Ill the usual manner was one ot Messrs. Phelps Dodge & Co., for over So,OOO, which note was then on its face over due. That fact attracted attention, and on en- qulry being made It was pronounced to be A forgery. And even then Huntington would not have been brought to justice, but would have been allowed to run on aI infnfttua were It not for the trmness and determination ot Mir. Dodge and his partner, Mr. Stokes.- They sought out officer Bowyer and obtained hls advice and assistance in the matter: sud although efforts were made to shield Hunting ton from the consequences of his acts. they proved futile. He was arrested and held to bail in 20,O0O. The very man on whom he at tempted to pawn the counterfeit (Mr Beden) became his surety. Huntington had previous to his arrest, procured S24,00O in gold on his own certified check, and this sum he lodged In Belden's hands as security, to induce him to become his bail. But uext day another evi. dence Of forgeries came in, and he was re-ar rested. Belden then procured the cancellation of his bail, and, it is said, retains the S24.OOO
 Another curions feature in the transactions IS that although the total amount of forgeries already ascertained is S546, l19 49, no person can be found to acknowledge that he has been vIctmized. It is the opinion of experienced brokers that none of the forged paper was put upon the market Gin fact 1t was too clumsily initiated for that purpose, but that it is all in the hands of the banks and brokers with whom he did business. He probably, however, did net raise more than S3O0,OOO on it. We un- derstand that cashier of one of the banks was in the habit Of making advances out of the drawer on this forged paper, receiving a large discount for 1t, and was fortunate enouoh to escape loss, and that on hearing of Hunting tons arrest, he went to the President of the bank, and gave in his resignation, told what he had been doing, acknowledged that he had made large profits therby, and said that he thought 1t his duty to let them know how eas. fly they might be cheated in this wav
 And now Huntington is in the Tombs. His trial will make work for tho lawyers. and at tract good deal of public attention. It will probably be nice legal point whether the lodging of these notes as collateral security is tantlmount to uttering them. The penalty of each ofense may be seven wears in the State prison, and if convicted at all, he would require te live as long as old Pare to serve out his term. In the mean time he seems to be quite indifferent to his situation. When officer Bow yer informed him that he came to arrest him. he cooly walked to the mantlepiece, took up a match lit the segar which he had in his mouth, and walked out with the officer in ap- parent unconcern. His cell at the Tombs is richly carpeted and furnished. His wife's car rage drives down daily, and her care provides him with sumptuous fare. He shas his cham pagne and his Havanas, don't seeh to let the degradation of his position weigh upon his spirits As an instance of his extravacance even now, it is said that after dining day or two ago, he sent up to Thompson's for fruit
 
 It will be asked what has become of all the proceeds of these extensive forgeries? We have gwen an nkling of the extravagance of this man, which sufficiently indicates his char acter Tn that respect, and we have no doubt that within the last two years he had been able to squander all the money that he raised by the means we have described. He owned two houses in Twenty. second street costing, proba ply, some $25OO0 These were furnished re- gardless of expense. In one of them he resi- ded with his family; in another, not block distant, he maintained in grand style lady of beauty and accomplishments, who was not his welded wife. He was fond of showy equip ages and fine horses, and out shone all his ccm- petitors in that line.
 It was usual to see his lady driving two in hand, and himself driving similar team side by side. He kept an open house for all his friends, and gave them the use of his whole establishment. He rarely dined at home but generally at some ofthe fashionable restaurants, with some fashionable ladies At tha uator;r