, 1863-08-18

At Albany, on Tuesday Of this week, Depu-
ty United States Marshal Lowell arrested o
nun, aged shout twenty-five years, known
there as r. Fl. Webster, who professed to be
engaged In "the study Of tie law" on the
charge Of manufacturing eoqntorfelt United
brought to this city, and gave bail to appear
before Commissioner Ruger for exnminatio
on Monday next. The Marshal fouud on
Webstcr's person, when he made tho arrest,
quantity Of letters, which are from PERSONS
in all parts Of the Northern States, and con-
tain the fullest evidence Of extensive swim
ding operations in which he has been engaged
for some time, and With excellent success.
He has been sending circulars to postmas-
tcrs and other local officers, ut smnQ towns
throughout the country, covering PROPOSE
to furnish the means Of successfuls Speculation,
and offering for sale, at thirty cents on the
dollar, limitations Of O. s. Treasury Notes,
which be promised should be so perfect as to
defy detection. II the person addressed
responded favorably, further correspoudcnce
ensued, sample Of tho Limitation notea'' {of
the denomination Of one dollar, genuine is
sue,) would be sent, which in most cases
would call ont an order for larger quantity
of the notes, enclosing bank bills to pay for
them at the rate Of thirty cents on the dollar.
1t is evident from the tenor Of some OF the ac-
cused'6 correspondence, that he never ft1rn-
ished the Limitation notes" spoken Of in hls
circulars; that the genuine one dollar note
was employe as bate to call out IN order
for quantity Of them, accompanied by 8, re-
mittance IN advance payment, which he would
pocket, In this manner Webster has done a
large business. and his correspondence shows
that he has received hundreds Of dollars from
dupes in al parts Of the Northern States.
He denies that he has manufactured or dealt
IN counterfeits, and claims TINT his proposl-
tfon to furnish limitation notes' Ia innocent,
1$ laee Ftro I'm C41 n,,& T..
cd. His operations arc Of the sharpest char
acter, and 1t is probable that the only advan-
tage to be gained by his arrest, will be IN e1-
position Of his swindliDg operations, which
may serve to put the public on the look out
for frauds of like character.
The correspondence found with Webster is
yoluminous. It embraces letters from post
masters, local magistrates, and other officers,
which reveal q surprising readiness on their
part to engage in the speculation proposed,
although every person reading Webster's cir
culars must be fully aware that rascolity Of
some degree was involved. We publish q
number Of these letters. suppressing the
names Of the writer's, but giving theirinitials.
It would certainly astound the good people
Of the places where the authors of these let
ters reside, It they were made aware Of the
character Of these transactions and how
ready their respected and honored townsmen
were to engage in an extensive frand, evenba-
lore t1ey lad any CERTAIN KnoW!eoge OF 1t8
character, OF the extent Of responsibility or
crimlnality involved.
The following is a copy Of Webster's circu-
1ar, which was the bait with which lie caught
gudgeons. The circular Is adroltly famed,
md Is neatly written:
ALBANY, July I, 1853.
DEAR s1n: will supply you, II you desire 1t,
With q. s. Treasury notes Of the denomination OF
one dollar, at so per hundred. They are an exact
imitation. and FOu can inst as well as not make
few thousand dollars BY dealing In them, and no
one but yourself need be the wiser. Specimens
will be sent to you on the receipt OF $160, or one
hundred will be sent you on the receipt Of $50.
Trusting that my confidence, as to secrecy. In you,
Will not be misplaced, I an
r. Il. WnsrEn, Albany, N. 7.