The weekly pioneer and Democrat. [volume] (Saint Paul, Minn. Territory) 1855-1865, 1864-07-01
NEW SERIES-NO. 552.
Inc GOld Crisis. Matters In Wall
s'reet--A Swindling Navy Agent
Come to Grief

NEW YORK, Thursday, P. NJ. June, 81.
wan street Is still greatly excited over the
gold question. There were rumOrs current
to-day of the arrest of several prominent one.
ratOrs, but they could not be traced to any re-
liable source
Gold opened nominally at 215@218. but sales
have been made at 225, and it now stands at
21S@220.
The short sellers will be out Of the way in a
day or two, when the rate must recede.
Government stocks are steady. Sterling ex-
change and bankers drafts 235@24O. The
stock market was depressed this morning, but
after the Board there was q general improve
ment in prices.
New YORK, June 24-Isaac Henderson,
publisher of the Eyening Post and Navy Agent
of this port Twas arrested yesterday by Mar
shall Murray on a warrant issued by Commits
sioner Belts on the application of Mr.. Wilson,
Special Consul of the Navy Department. The
charges are very serious, embracing fraud, bril-
berry, the transmission of false vouchers, &c.
LATER.
New YORK, June 23.-Durng the morning
the buying price of gold has ranged from 212
| to 215, and selling 2l5@22O. The high prices
of Yesterday brought considerable in the mar
ket, and the offerings this afternoon were quite
liberal.
1t appears that Mr.. Henderson, when arrest
ed yesterday was admitted to bail in the sum
of $4,000. A few minutes before his arrest
President removing him from the Office and d.
recting Mr.. Bridge, of the Navy Department
to take charge.
NEW YORK, June 23-In the Superior Court
to-day verdict of S21, 649.27 was rendered by
the jury in the case of w. s. Wilkins against
w. 2. Earle & Son. The suit was brought to
recover $50, 900 deposited by the plaintiff in
the safe of the defendants, in their hotel, and
which was stolen by the clerk who received it.
THE EXPOSE OF THE NAVY AGENCY
From the N. Y. Commercial Advertiser.
1t appears that since the present administra.
ton came into power, G. w. Schofield & Co.
have been paid SLIP, 204 SO. A portion of
this was for articles contracted for, but the
greater part of their deliveries were made upon
what are called "Open purchases that is to
say, an order from Isaac Henderson, the Navy
Agent at New York, dire citing them to procure
certain articles and to deliver them to the
! naval storekeeper at the Brooklyn Navy Yard.
Ostensibly in the hardware business, they have
in this way supplied the Brooklyn Navy Yard
with firewood, lumber. lime. hair plaster,
iron, nails, hardware, paints, glass. ship chan
leather, hose, stoves, cooking utensils, tin and
copper. Navy Agent Henderson does not ap-
pear to have paid the least attention to the
quality or the cost of the articles supplied by
his general purchasing agents. Schofield & Co.
The members of this firm, detected at last
and now being tried by court-martial, kept
systematic set of books, from which Senator
Grimes was permitted to make some extracts
to incorporate into his recent speech. l copy
few items as a sample of the manner in
which open purchases have been made at New
York. The first column contains the cost
price OF the articles named and the second
column shows what the government paid for
the same articles-the Navy Agent, (Hender-
SOM approving the bill:
Oe