The daily Wabash express. (Terre-Haute, Ind.) 1857-1867, 1862-05-28

Some monh- ago our present State Agent
Col. X n. Hudson. discovered that large
amount OF orr State bouds Lad been fraud.
uIsntIy issued IA New York. uhsre tho Ascn-
cy Is located. BY his predecessor. Daniel G.
slower. who was appointed BY Gov. Willard
10 OIL Tho vacancy created By the resignation
OF Hon J. A. Cravens. The amount OF the
Illegal issue could no, then be certainly ~
ceIsained. and "a tao OF three wealthy Wall
street. brokers were implicated and a pros
peot OF recovering all OF greater portion Of
the fraudulent bonds appeared in this Tact. IL
aa- deemed best b. the New York authori-
sie- - make no exposure Of the afiair Ill the
Effort 10 recover the bouds had failed. They
though, that II the fraud we're exposed. the
depreciation OF CUR securities would DC great
cr than the wholc amount OF the over issue
aud would moreover affect the whole stock
market. 10, eminent securities and all. IN.
iuriou'ls. At very critical period OF our n
uancisi history. ald thus 10 great dsal Of
mischief ~ithout adding particle 10 the
chances Of saving anything 10 the State
Gov. Msrtoa whose frequent waits 20 the
East have been made chiefly TO prosecute the
work u recovering these illegal securities.
al fret strongly insisted on an immediate cx.
posture OF the whole fraud. bat yielded TO
sagge-uots u the District Attorney. A. q
Hall. sus the Attorney General OF the State
OF New York. Daniel 5. Diekin>oa. sswe
have attempted - state them and consented
- a suppression Of the Altar The work of
seeoseriug the bonds has beeu going on ever
s.aec and 40 % .ass Friday. when the fraud
hrst sot ~iad IA New losk. bout $40 900
had been recovered. TIE amount yet Gu.
standing Is aos cefsa!niy kuo~n. bat from
toe statements Of soms Of The parties lHph
eates. lt Is believed that u all not exceed
500 600. q wA.cA the whole Nil probably
90 fsso' ssed irsla TIE pass.ss Of the secar.-
ties - TIC state Assat Private adviccs no.
laed tae State authorizes here thai he Al.
TAR lad been mace Pablse enough IA Ne.
fofA % adeet our securities seriously. and
A. 'assasr soaeealment ean how no longer
avail the State. a1d fall statement nav
DESTROY The riuf' - egfecs On our credit Of
"sseeraied rumoss. Ne deem u bss, 70 tell
the ~hols story ~ once
y . dfhnls q giso history Of the pro.
gree u the fraud. because nothing beyond
he f,,t that the fraudulent bonas we're I.
snei. and thar y e Slower dl il a kno.n
He has confessed ~ o~n ruil, hut hss rie.
en- no particulars bsyend The asmss Of IL
ooofeaeraies. tao well kno~a Wall street
efokess. ~hcse name - afe. adsssea q !.
he>' - suppress for fr~ tsys col Hul
.an tr'i discovered that irandulsut bsa.l.
a'a essa '-s'sesl. y he rre-ensas,on ~ n.
Agsnes 81 some 50 tse q hen. 4, h.nl
81 9Th ~isem tbes hai t.sea hvsotAcc.tca
~ &C % Stoves sersnpiices The banker
s4.e~ INK that he ges-,n ~ question esala
hardly be n tsaus.t possession 81 - large an
amount. came g. Cel Hs.i-ou ~ith ne l.as.l.
- sc 4 al - u.At "a tbe State. book.
They ~ere ooai % te frAala'eut tel
h.aiv5n a once set 10 uotk = investigate
no matter. sd aotsae>i tsov. xorton Of t.
The scromriiee rho Id hypothecate.i lie
s-..-is - lA.l hoa. -. .s.a he. - ave hina
ell. replaced tAee, The nd oaes uere IA
u.s-iiaiely cancelled Others 81 The frse.ia
icri i~se cane - They see usccd 10
CERTAIN ueAishy banker an1 bsokef lie
va rosasl = tie frsn.i. asd ms.ls i soof.
sLas coaies.sas ~ sa.'ig paascipAlisr 10 lAe
bsr.iness A. often q. ne iraalsleas b5u.l.
sere eucoaaterel. shess 10 shauVr ~ere
made - resi-<ia sheaa has tse &osk %.
gcs.ins - re fr4aia'e es .s<ae hss scen ~
sas -. III hos. resulting az &C have .s4ied.
"a, tie rsslemptsoa sd eslasiilag 81 -, to
saving TIC Sgstc shas amount. n a. event
Thc irssduieli boa.ls sere irse. 81 ~
nc fact lhst shcy vere - registered sy@os'l
ins % lsu - AsscA ID "a. a. "a -
Approved T. lie essrt - i fabie,si.er ID