The Conservative. (M'connelsville, Ohio) 1866-1871, 1868-03-26


The foregoing is correct statement
of :he public debt, as appears from the
books and Treasury's returns the de-
partment, on tho first of August, 1867.
HUGH MCULLOCH,
Secretary of the Treasury.
Thaddeus Stevens declares that the
public debt is 81, 900, 100000, aad ad-
mits that the whole financial manage !.
ment of the country IS essentially cor
rupt and rotten. .#. .. ..H
Large amounts Of duplicates have
been already redeemed. So uncertain
wasathe report of the Secretary of the
Treasury that Stevens made hls state
ment independent and regardless of it..
1t IS currently stated that these fraud
lent bonds are aAoat in large amounts
in Europe, and arc now floating upon
that market.
Every facility has been afforded the
perpvtrahon Of tho frauds, who arc
very generally and very justly believed
to be in close partnership with the
chief managers of the public Treasury
Tho following facts were taken iron
the suppI essod reports in the Treasury
Department ..U'
1he.chlef ofthe Currency Printing
Bureau, to whom have been regularly
returned the partially spoiled impress
sions of bonds and notes, or bonds OF
coupons, us tho case might be, hai
I failed to keep q record OF the partially
spoiled impressions so delivered tohim
Il h.,a At hn ~
notes, bonds and coupons thereon
which in the aggregate must, at amod
crate estimate, amount 20 II total o
many millions of dollars, since not less
than 100000 of such sheets were re-
turned to him. (Testimony Of NJ.
December l8, 1860
Ten thousand dollars in fractiuna
currency were found slowed away ii
tho cupboard of the chief Of the Cur.
rency Printing Bureau. Thlsamoun
had been delivered 10 him some month
before 1T was discovered, and he ha(
failed TO hard, it over to the Treasury
or otherwise account for II. (Ahidavi
Of NJ 1..a. ..a ,#.H
Thirty thousand strips, each capa
, bic of printing two notes OF the dcnom
Iination of ono hundred, or ono thous
J and or five thousand dollars, clippet
from the paper prepared for the frs
series of est-bearing-nUtes, ant
{ suffered to lie about the Printing De
. partment until they mysteriously dis
{ appeared, These strips would prin
} six millions, sixty millions OF thre
= hundred millions of dollars. (Testl
mony of G, G. & T., pages 2,
S and ~. ..-
+ In May, 1864, the chief of the cur
b rency Printing Bureau caused its off
: cial books 90 be altered as to show
= liability to the Government of tw
= thousand dollars less than 1t actual
v was. (Testlmony A.; page 81.
r Two individuals IN the Cuerenc
Y Printing Bureau have squandered son
{ three hundred thousand dollars of ii
@ public moneys in furtherence Of the
: private interests, while the same ostel
sibly spent for public service. (Su
v pressed reports to Mr., Fessenden by
d clerk specially charged with the inve
o tigation of tho ahair) .....-...,...
% On the 26th of November, 1864, u
Is chief Currency Printing Bureau ma,
: false return to Tho Secretary Of d
% Treasury, in which ho failed to u
IS count for fifty -four millions of dolla
W OF Government securities that had be-
% manufactured by him. Crestimony
'r page 99).
D In addition to the fifty -four milo
t; of bonds hereinbefcro mentioned
SO unaccounted for, the accounts of ch
10 of the Currency Printing Bureau, wi
= the Treasury showed q deficit in N
> vember, 1866, ofsixty millions fractio
IS, al curi ency. . .....--....--
l. A bond plate was sent to Now YoI
and suffered to remain there two wee
in the hands of an expert for oxpe
D. mental purposes in olectrotyping,
lc There were employed for two wee
he in tho Treasury Department, at I'll
of surl eptitiously, parties to eXperlme
ey in the making of electrotype plates
duplicates soffractlonal currency, bon
be notes, &c. The name of tho princil
We expert engaged in this business "
ls- not to be found on any officia. pi
o. roll in the Department.
mt There was made IN the Deprtm'