The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1865-08-27
The Case OF Colonel Binney.
Our RICHMOND CORRESPoNDENcF

R'oiiMoSD, August 24-5 p NJ
rns DIFFICULTY IN THE rAnAsrERs DEPARTMENT or vIR.
GINA AND NORTH CAROLINA.
From all sources have been enabled 10 gather the
Department They are in addition 70 my despatch Of
yesterday. Lieutenant Colonel Amos Binney chic Pay
master in charge Of the Department Of Virginia and
North Care!Ipa, @1s soiourning at Newport, Rhode
Island tbe 18th OF the current month, he
ccived Official notification from Lieutenant Colonel Glib
Inspector General Of the United states Pay Depart
ment. to report al at Norfolk Virginia the head
quarters Of the Pay Department for Virginia and North
Carolina. Colonel Binney complied with the
terms Of the notification Upon his arriving Norfolk
he displaced from his position, and, stated in
previous despatch, Colonel Thaddeus II Stanton was
temporarily placed in charge Of this pay district Upon
this official Lieutenant Colonel Gibson and Leuen-
ant Colonel binney Immediately proceeded to Wash.
ington together. ] herewith append what be-
lieved 70 be some well established facts in
featIon 70 the charges against Paymaster Binney.
learn from Norok thai the Goth of June the current
year. United States paymastcr drew from the Chief
Paymaster OF the Department. the accused, the sum Of
half million dollars greater less or this about
hundred thousand dollars paid 10 this pay
master IN seyen.thirty bonds bearing date July 10,
1So5that s 10 say, the interest commencing 20 accruc
from that date The preliminary investigation, II is be-
iieved will show that Psymaster Bnney has realized the
Of eighty cents upon each one hundred dollars OF
these sevenhiry bonds from the fact that the govern
mcnt permitted their issue from the United States
Treasury al q period Of time anterior TO the accu-
mutation OF interest upon them, covered by twenty
days. It shqala be stated here when the government
issued these bonds 10 the banks and brokers they directed
thai the Interest should be computed nj the rate Of seven
and thceenths from Of the sale of the bona 10
tbad data tna Inl Al M
commenced to accrue Colonel Buney Is supposed
converted several millions, less OF the funds
issoed TO him from the Treasury into these seven thirty
bonds, for the parposc OF faizng himself and
fcdoraes whoever they may be- about eighty cents
every hundred dollars Which, In he should have,
as alleged, so converted three millions OF funds would
net The parties concerned twentyfou thousand
dolars. This Of procedure known TO have sub
jected the soldier receiving these bonds in satisfaction
VI their cloims against the government TO q discount
among tho brokers shapers and the whole race Of cut
tbrcov or from four 10 eight dollars every hundred
dollars, which the government by means tontem-
plates. The will doubtless be investigated at
by military commission. The army regulations
plicity provide that disbursing officer Of the gov
eminent "shall he concerned directly indirectly Ia
the purchase SALE for commercial purposes Of any
article intended for making part OF or appertanug to
the department OF the public service in which he is
gagged nor shall take receive apply 70 his own use
any gain emoument, under the guse Of presents or
otherwise for negotiating transactng any public busi
ness, other than what is may be allowed by law"
This is believed 70 be comprehensive and plain state
meDt OF the facts In this
GOVERNMENT REprEys sEvES.rHRrRs.
The Paymaster General has ordered the raymasters
not to issue any cf N bonds to either officers
soldiers He has also ordered that whenever .hosa that
have been thus issue D. n,ed 10 the paymascrs for
redemption, they shall them in exchange FOR
legal tenders.
cotoExL mNrxys PREVIOUS CHARACTER.
10 due 70 We truth 10 state that Colonel Blpney