Cedar Falls gazette. [volume] (Cedar Falls, Iowa) 1860-1895, 1861-01-04
Fresh Developments Of Corruption at
! Washington!

w tnln tAe past week mas come 10 light
the most astounding discovery Of an enor-
nous defalcation in the Office Of the Interior,
occasoned by the abstraction of bonds be.
longing to the Indian Trust fund.- by the
chief clerk, GODDARD BAILEY, to the amount,
so far as known, of $4,000. AS long ago
as the Goth ult., BAILEY communicated the
fact of the larceny to Secretary FLOYD. under
the impression, as is supposed, that the latter
would advise secrecy; but finding himself
mistaken in this, he at once resolved to dis
close the whole matter to Secretary THoMP-
SON, which he did; alleging that he had been
led into the commission of the larceny through
a desire to save the honor of Mr. FLOYD,
whose official acceptances to large amount
in possession of WIN. E. RUSSELL, of the firm
Of RUSSELL MAJORS, g. Co., heavy contrac-
tors with the Government for the transporta.
ton Of army supplies, would otherwise have
been dishonored. These "acceptances." il
appears, are simply memorandums of the
amounts which would be due at certain per-
iods to RUSSELL, provided he executed his
contracts with the Government, and invoked
no liability whatever-they being given to
enable him to obtain credit. The records, 1t
is alleged, prove that the existence Of these
acceptances was unknown to BAILEY at the
period of the first abstraction of bonds, and
that his excuse in reference to Mr.. FLOYD is
merely subterfuge; and that the true facts
appear to be simply these: Mr.. RUSSELL, not
finding himself able to negotiate these accep-
tances, and being greatly embarrassed pecun-
iarily ascertaining from BAILEY, with whom
he was intimately acquainted, that the latter
had control Of over three millions of Indian
Trust funds invested in bonds Of different
States, arranged with him to let him have
about half a million dollars; these bonds to
be hypothetical in New York Recently
these bonds have greatly deprecated, and
bankers in New York who made advances on
them, therefore called for additional security.
BAILEY, in order, to save the bonds, delivered
over S30O,O0O worth Of them additional, in
all $s7O,0OO. There is no doubt but what
BAILEY has been duped and used by this
RUSSELL, and perhaps others, in still higher
places Of public trust, as an instrument to
carry out this wholesale robbery. RUSSELL
and BAILEY have both been arrested and in
default Of bail placed in confinement; the
amount Of bail required by the Government
for the former being 100000, and for the
latter $4,000. The special committee of the
House, to which the investigation is referred,
consists of MeSsrs. NORRIS of Illinois; CoNK-
LING, Of New York; BococK, of Virginia !;
HARRIS, Of Maryland, and CASE, of Indiana
1885,
BRAVE MANA Northern Democratic
Senator paid the President a visit a few days
since, to enquire of him the grounds upon
which he refused to reinforce the handful OF
men in the Charleston fort and what do
you think was the answer? "My dear friend,
I acoua be Gssassiaated III did. You don't
know the sort of men have to deal with :;
they are more dangerous than wild beasts"
And the poo, imbecile old man broke into
tears and wept like child 81"
CONSEQUENTLY South Carolina Com
missioners have arrived at Washington, and
it was thought that the President would refer
them to Congress with a special message
virtually officially recognizing them. The
rooms of the Commissioners are crowded
with Southern Senators and Members. They
state that they deeply feel the responsibility
of their position and mission, and appreciate
its difficulties and dangers. This is more
than some Of the extremists seem to do.
kASsAs.-The report Of the Kansas Relief
Committee for the week ending Dec. Goth,
sta that 200, 1874 pounds of wheat, -four,
corn, beans, &C., have been received from
vaI(1lS States; also, several boxes of clothing.
TIN 6tal amount distributed during that
time is 1,57S,o0O pounds, which has been
sent to twenty -one different counties in the
Territory, and the benefits of the shipments
have begun to be very sensibly realized among
the suffering people.
=
Holland HEAvY.-A cotemporary in speak
ing Of the inbecilty and untiisgu.scd coward
ice of the present executive, piles it on as
for brave, honest Heather
at the helm of State-a proud, potent Pagan
a defiant, unregeneratc Son of Sin-any-
'oay with will and nerve, in preference
to this poor, weeping, lying Peter, void of
The martyr penitence and devotion.
DoN'T BE IN A HuRRY-JAcos THOMPSON,
Secretary of the Interior, has given notice
hat he will resign, as soon as Mississippi
shall have seeded. We hope he will at least
lefer his resignation till after that little de-
icicncy in his department Of $4,000 is
ooked into and rectified.
OLD '76.-The last survivor of the famous
battle of Bunker Hill. RALPH FARNHAN, died
It Actor, Me-, on the Goth ult., aged 1O4
'ears, . months and 10 days. Isn't tia pity
hat even one of those brave old heros of '76