Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1867-10-11
Discovery, Of counterfeited y. s Bond.


For several days past the Loan Branch and
the Printing Bureau Of the Treasury Depart
ment have been much excited by the discovery
Of duplicate seven-thirty bonds presented for
redemption.
These bonds had been sent by New York
banking houses to the Loan Branch, OF which
Mr. Andrews is chief, for redemption They
came through. the Assistant Treasurer At New
y ork. They were there passed and cancelled.
Dnrine This process it was discovered that some
Of them were duplicates OF other bonds that
had already been cancelled. They we're for
warded 10 Mr.. Clark, Superintendent Of the
Printing Bureau, for an explanation as to how
The duplication occurred Even Mr.. Clark
was deceived by the excellence Of the execution
of the bonds, which were pronounced genuine
even by experts.
In the meantime difference was discovered
in the seal upon the duplicates and the genuine
bonds. This discovery was made both in the
Printing Bureau and the Loan Branch.
This state of affairs had given the officials
much uneasineSs. and Mr. Edward Jordan,
Solicitor of the Treasury, was called upon to
place the matter in the hands Of COL w. ?.
Wood, chief of the Detective Corps in Mr..
Jordans bureau. -#t..
Col. Wood requested and was by che Loan
Branch supplied with the names OF the bank
ers by whom the bonds had been forwarded,
and also the plumbers and letters OF the bonds,
and the date OF their receipt Furnished with
this information. upon investigation nc dis
covered that all the duplicate bonds were OF
the class A and j, aud that there were none
of tic class and D. As each printed sheet
of the genuine bonds printed in the Depart
mcnt contains four impressions, lcttcred rcla-
lively A, Il, &, and ID, it was concluded that
the duplicates had not emanatcd from the
Printing Bureau, as noe and ID bonds were
found among them.
This fact was reported 10 Mr.. jordan, Soil,
citor. Mr.. Clark WAS sent Tor, and assured
that the bonds could not have como from his
Bureau. MIR. Cassiloar, the best expert in
the Bureau was summoned to the council, and
upon close and thorough examination it was
discovered that there were 0;hcr important
defects In the duplicate bonds, establishing the
fact that they had not cmanaJcd from the
Treasury Departments but we're countcrtclts
executed outside Of ii, and evidently without
collision with any ono whatever in the Dc
partmcnt. -.I5.r#
The duplicates were found, unqucstlonabIy,
to be countcrleits, well enough executed to
deceive even experts, if particular attention
had not been called to them by the discovery
of duplicate numbers.
Upon an examination by Hon. +. +. Spin
ner, Treasurer, lie discovered that the letter
+ Of his signature to the duplicate bonds Was
very imperfect and he unhcSitatingy pro-
nouncca them cullntcrlcitS
The Treasury Department was fully cxoncr-
atcd from any connection with this fraudulent
issue. % 49,.
1t is said that these bogus bonds have been
largely negotiated with leading baking houses
in New York, and that quantity Of them arc
in circulation in the Western cities and Canada.
The amount discovered in the Treasury Dc
parlmcnt, 100000, was received for rcdemp-
ton principally from Jay Cooke Il Co., Yer
milye & Co., and Fisk Hatch, I'LL reputable
bankers in New York. F.
1t appears that none of these bogus bonds
have been received by the house Of Jay Cooke
& Co., either in Washington or Philadelphia
and those received at their New York house,
we're from responible parties, who alone must
become the losers.
All the bogus bonds have been destroyed,
without having been passed to the credit Of
the bankers by whom they had been forward
ed Thus the Treasury Department sustains
no loss whatever in the premises. - Nat. Int