, 1859-02-08
TEE GREAT FRArD 1T SPRINGFIELD.
Meeting, of the Finance Committee
of the Senate.
aa6.ooo DOLLARS GONE!
NEW DEVELOPMENT EXPECTED

= The readers or tbe PREss AND TR1BtHE are IA
mil;sr With the facts which We hare heretofore
published in relation to tbs great fraud on the
Fund Commissioner q of6ee. whereby over $780,
600 in bonds. cash and certificates were wrong
fnt,v obtained from the State They will re-
member that in 1882; during the progress Of
vnfk On the Illinois and Michigan Canal, the
Canal Commissioners neRosisted loau Of g.
0Qp. .oo0, nth the Uniled States Bank; that for
sone reason the instslments for May Of that
yesr we're not psid; that the Commissioners to
meet the emergency issued $267, 900 in checks on
the Branch Of the State Bank at Chicago; that
these and subsequent isaue Of $lso.noo in
August Of that ycsr were redeemed that in
1874 there was outstanding an amount equal to
&3l6. They will also remember that under the
act II 1s47, holders of canal or other State in.
debtedness we're permitted to fund it and receive
therefor interest paying bonds; that, on the 9th
Of January, 1851, Gov. Matteson, then in office,
presented to his clerk IS 900 Of these checks of
1889. and that bonds we're Issued thereupon in
the name OF Caleb johnson; that few days a.
terror to the 9Th Of February Of the came year,
same CLERK, packages OF these came checks, con.
tanning in Ill $49. Goo. snd that bonds we're it,
sued for them also; that shortly before the 18th
Of March Of the same year, 81, Gov. Matteson
presented $sl 500 IN checks, and that for these,
bonds were issued as before; that these facts
we're made public by the discovery Of these
checks in the Auditors ofies by Gen. Fry, an
old Commissioner, who supposed them to be
counterfeit. With these things, not disputed by
auy, the public hare for days been familiar.
The examinations which have been entered
into by the Senate Committee, To which the mat
ter was referred, open new chapter in this his
tory. 1t now sppears BY the evidence of ". H.
Brown and Ezra L. Sherman, Esqs., one the
Cashier and the other the Teller Of the Chicago
Branch Bank, that the checks are genuine-that
there is not counterfeit in the lot; md that
when received by the Bank, they we're counted
as cash and not cancslltd that many of them
by endorsements On .he back made by cores.
pondents in St. Louis, Cincinnati, Alton and
Michigan City, directly to Cashier Brown. are
recognized as having gone through the Bank
and having been once paid It appears further
that after payment they were handed over to
the Treasurer or some officer Of the Canal Board.
Now what became Of them, and how and by
"uAs Auo ""o9o .s5 ".'e ..5 "e''' aS'eo
"au 'a~o ,o. ,t.oae ~ .As -, ... wv. ., 0'4|
seeoA 10 o'" see ~ . o's1: .ue' -
ns 49, 5 :. :..S:..i. r -. ~ uaules s
=. .e.~.I..~-~S.:.:.:. =.
.|'I, ~. -,
0Ae 20 oo'3 "onl
.a' es.oeoso N14'D.s4 nsuoe' Nc" An'"n =" ~
Tue olo residents o. sn'a elsy' az sne porter Tor
@sns se9ts' III ena eaaA. on4'e oa Lake s1fees*
he s"eass' We 'eafo' 'oes "neo !. hehooerts,
o1 'one'. took possession o. INC canal oihce 81
irossee' Nc 'oono IN Inc sa'e ana in couple Of
no3es very large amount 0! redeemed Ell
oehees OF canal inoeo1eoness-scrlp OF various