Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1869-06-12
THE CITY.
Mr.. Og,len.s Report.

4 "a .
A few days ago, when our citizens ex
pressed, in terms which could not be mis-.
understood, their determination 10 put d
stop to- the wholesale plundering of The
municipal ring, the former chairman OF
the Finance Committee, with some trepi.
dalton, promised to make statement of
his own transactions at an early dayi
Business which he seems to deem Of more
Importance than his own reputation called
ham away, and now that he has returned
we have bis report in one OF the morn
ing papers. 10 this report he has been "A
faithless to his word as be had been
to the public trust Iussead Of Civ
ing us complete and full state
ment, vouched for BY the Civ
Treasurer, be gives us partial and very
imperfect one, leaving out the most i'm
portant items which the public wish to,
know. But take the statement as it is and
LET us look into his sale of checks. And
here we will remind our citizens that this
person is Chairman of the Finance Com
mittee and president of the Peoples
Bank" and of course all of his sales are to
himself or to his partner, We yesterday.
went to the different dealers and compared
the rates they were paying With the rates
which Mr.. Ogden, banker" paid to Mr.
Ogden, chairman, aad the following is the
result
On Febiuiry 17tr, 1868, Mr.. Ogden,
chairman, sells to Mr. Ogden, banker,
$1,000 in checks for 81, 800, which is 66c
in the dollar, and as this is not the rate
which we find other dealers were paving.
we suppose that neither Mr.. Ogden, chair
man, or Mr.. Ogden, banker, made more
than q modest commission.
On March 10th, Mr.. Ogden, chairman,
sells to Mr.. Ogden, banker, $40, 600 in.
checks at 624 eta, whereas other dealers
were paying SO eta. In this little transac-
ton Mr. Ogden, chairman, and Mr.. Ogden,
banker, make LOO. eala 2. II
% April s, Mr.. Ogden, Chairman, sold
to Mr.. Ogden, banker, $10,625 GA in
checks, at 66S cls,, whereas other dealers
were paying 20 cts. 10 this sale these
two men make 1854
On April 8, the same sold TO the same
$4,000 in checks at 81 cents, whereas
other dealers were paying 20 cents, thus
making for the same amisble gentleman
$240. -J .a.ssl Ill II
On April s, Ogden, chairman, sells to s.
Cabell $24, in checks at 81 cents,
while brokers were paying 20 cents, some
body making $72O. ..-,l
We call special attention 10 the next
transaction. On June 9, 1868, Mr.. Ogden,
chairman, cells to Mr.. Ogden, banker,
SOS, 45G p in checks for $40, 1854 81, which
is so cents on the dollar, whereas other
dealers were paying So cents in the dollar,
and thus these two honest cronies, Ogden
chairman and Ogden banker make in one
clandestine transaction $2036 49l The
total amount these two men, according to
their own showing swindle the city, in the
above Transactions, being $4,450. II
BY not letting other banks and dealers
have checks he could run the price up, and
our citizens remember how he did run the
price of checks up, and these very checks
which they buy, without compensation,
they sold to the people at 9O992 cents.
Here, according to this precious ''re-
port" the sale of checks ceases Every
citizen knows that checks were sold almost
daily during the months of June, July
August and September. His term of office
extended from October, 1867, to October,
1868, and he reports the sale of checks
only from February II, 1865, to June 9,
1868, and thinks he can palm this of on
the people as report. His transactions
can not bear investigation.