New-York tribune., 1869-04-05


perpetrated on the Government whatever Criticism
table Of the Gold Certificates, under the same aet OF
March 1863 is gwen All accounted for exceptng
davt OF Mr. Sellers Clerk In the Ireasurers Office and
from an investigation OF the books and accounts and the
OF business that they printed in the Printing
Bureau and could not be nsed without being iled up
ana signed by the Assistant Treasurer New that
TO the Treasurer as statistical for destruction and
such went into the vault with certain other STATISTICAL
matter mentioned in the AFFIDAVIT of Mr. Sellers.
Mhether !ihey. were actually delivered over
point in doubt. The Committee incline 10 tho opinion
they were ana were destroyed with large quantity OF
appeared, and Iwere Cancelled and Unsigned The Com
mttee ieel no special apprehension the subject al
amount OF securities should disappeared without
any certain method OF fixing the delinquency upon any
one person Tar from satisfactory Discrepancies ore
nOuoed Ia the amOunt OF the three six per cent com
treasury notes Issued under tho act OF june @ 1864
sion being four OF the notes OF Various other differ
enees or discrepancies areinocod by the Committee but
nor generally Of large amounts. In respect 10 the bal
snees SECURITIES mentioned IN tho various tables at our
hand; e Committee find them to he on hand as stated
The above Is mere abstract OF tho report The Commit
tee say IN CONCLUSION:
tween the various branches u the TrCagty pepaftMcht
as well as in theft own 6p6faliohs hkM b6th bnC6 tho
war began, as II seems 90 quito imperfect and def
eien ana IN some respects grossly careless Although.
as general rule books Of receipts vouchers for the
were kept yet appears that has frequently happened
tha vouchers would be taken for the Interchange OF
would be made leaving no recorded evidence Of the
uansaelon Ihls In connection with the fact that In
respect 70 the deliveries OF these securities Bureau
to Bureau and from branch To branch In the Department
NO books or accounts were kept in the form Of debts and
credits and cOmDarsons made and balances struck and
discrepancies discovered If existing, in the case OF
mercantile accounts has led to very considerable
fusion will have been seen by the preceding tables
and statements Even supposng the discrepancies before
he s 4S 8 sdca s9i &! %Ss oes S&S
70 have thought II among its duties 20 make comparisons
with the other Bureaus In respect 10 the creation and dis
whether
their corresponding Bureaus were correct in their
counts and proceedings or not and it is obvious that
without such comparison and criticism OF the respective
accounts and proceedings the several Bureaus are no
check upon each Others and indeed as we have ad the
books m respect 10 and delivery OF
ties when there were so kept as TO make such
a criticism and comparison almost impossible without
general and comprehensive investigation. This want Of
proper accounts led IN some Of the bureaus and Parteu
larly in the Registers Office, TO other evils leading
Will be mentioned 1t was the course OF practice in
from the Bank Note Company and for q while by the
Treasury Bureau TO transmit with each thousand impress
sons quaDtty-usually tenof extra impressions, not
numbered and intended be used TO supply those OF tho
regular numbered oass which from time 10 time might
extra impressions were called the stock package and
whenever there occasion In the course of business 70
would be thrown in the fire. or otherwise destroyed as is
stated by the clerks and one taken to supply ts place
being kept Of the performance and without any proof or
method Of proof Of the actual destruction OF the one so
lore 70 acfSun % sscgs that went into the Registers
offce though as to the registered bonds In which to
oonsderabie extent this loose practice prevailed loss
can happen 10 the Government that cannot readily be
detected I'm the semannual payments OF interests and
the Committee personally satisfied from an e1anna-
tOn OF the interest accounts and the individual ae
counts in the ledges with the persons 70 ]
whom bonds regularly Issued the total OF which
make M the basis Of the interest account, that
no fraud has been peTpetratsd IN respect to
demption Of considerable number OF duplicated notes
and coupons, have gwen the Committee considerable
degree OF anxiety but they think II obvious that
very large proportion OF these duplicates are produced
by alterations made after the securities were Issued and
usually doubt IN cases when the securities had been
stolen from private hOders This class may be set aside
once, OF pecuniary interest 70 the Government
nasmuch as the Government suffers no loss IN con-
fSe other cases in which Il IS certain or nearly certain
that the duplicates original and are actually com
posed Of securities issued In that form from the Depart
ment are serious and less easily accounted for The
tion is as appears the testimony they
accidental errors Of persons IN charge OF the numbering
machine, by which, IN given thousand Impressions.
her and the number which they should have borne was
entirely omitted any III which case, for instance, IN
thousand-dolar bond there would be TWO numbered 900
aud none numbered 5Ol Then It Is suggested that such
errors being committed they have escaped the scrutiny
OF the persons who examine and count the Becur
tiles with 10 see that the quantity and
numbers are correct and also the inspection which
the clerks In charge OF the Issues are supposed
to make that the securities issued compare IN quail
iy with the books OF issue and Ia consecutive number
ing with the numerical register OF Issues kept IN tho
Registers Office ana In the loan branch OF the seereafys
office supposiDg such course TO have taken place,
there would have been no los 10 the Treasury because
for every bond other security which appeared IN du
picate there would be some other number equivalent
issued just what II should be- But tno etpansuon OF
course implies that the numerical registers OF Issues
contained entries Of the issues OF certain numbers that
never were In fact issued; and assuming the numerical
registers to have been made up from an actuai company
entries must have been known 90 the persons making
them, rule 10 be untrue. B1t the tss
issue are rather theoretical than actual records OF
transactions that 10, that the clerks IN charge dd not
numbers with the registry entries OF make the entries
In the register such comparison but that they made
| N eeutr
and last number OF any particular lot OF securities ana
making entries from those and assuming that all tho
numbers between consecutive regularly and not
duplicate. 1t is also suggested as to the duplicated
coupons that as they are numbered ht uheIsnt uine
from the number on the bond they may have been dup
Gated and the bond not Another partial explanation 10
that Of these duplicates have probably occurred In
the issuing of the securities from what Is called the
stock package, and that they being numbered sepsr,
IN use impressed upon them Ihs appears III Tact 70
retepred to Of the Thirty notes Of Isf
In respect TO the dnpeations OF the Thrd series OF the
FiyeTwenties OF 1892 II viii be seen by reference 70 Mr.
Carks testimony that he seems 10 think that class
of these Implications fraudulent and produced by
the iss.sIry and by the same OF types for the
backs thaS sye used in the Treasury IN pynting the
entirely satished hat the duplicates In question
were m with tSe and not out Of H. by
n the Treasury 1t 10 the Committee certain that
these duplicates printed both face and backs IN
the Treasury and sealed and numbered In ta Treasury
In the case OF coupon bonds and Of the notes
OF 1861 the bonds and the notes themselves could
yssued in
Of the signatures Of the Register Of the Treasury the
clark sgnng for him. OF the Treasurer Of the United
States or the clerk sgnng for him, as those securities
were incomplete after being numbered and delivered to
the officers Of ISSUE until they signed by the Regis
ter and Treasurer and IN the case OF bonds without
also use the large Treasury seal so that in those re-
spects it would require the eonniyance and combination
Of ofcials not only in the Printing Bureau, but IN the
Regisers Office the Treasurer's office, and the Loan
Branch OF the Secrearys office, In order TO accomplish
fraud whout actual forgery. But the coupons which
are numbered at separate time from the numbering OF
| the bonds are complete when they leave
| tbe Printing Bureau, and the Sealing department
Red seal Ia connection herewith 1t might therefore,
esSfi,, hanYsp that Whil correct ana