The Manitowoc tribune. [volume] (Manitowoc, Wis.) 1866-1878, 1870-04-28
THE ST. LOUIS TREASURY
FRAUDS. 49,
Less than $4,000 City Funds in the
Enthusiastically Speculative Career.

LESS IMAM SSO.OOO City Z uOOS IN the
Enthusiastically Speculative Career.
From the St. Louis Republican, Aprill5.
It's understood that the different banks
of the city have responded to the request
of the committee investigating the Susis-
ky defaleations, and furnished statements
of such accounts as the ex-Treasurer had
with them The institutions with which
| he transacted business are stated to be
the National Loan, National Bank of the
State, Accommodation, Traders, Messrs.
Taussig, Geumpp & Co., and the Ger
| man Bank. 1t appears from these state
| ments that but comparatively small
amount of money is now on deposit In
city banLs-that the total amount is not
much over $4,000. There is no doubt
Susisky could have left for foreign parts
With $4,000 or 100000, if he had SO
desired. with probably little danger OF
capture.
The condition of things revealed by
the examination Of the committee shows
that discovery of the depleted state Of
the Treasury could not have been post
poned more than day or so. In addi-
ton to the daily demands on the Treasu-
ry, there is generally about the second
Monday of every month large amount
of City Treasury Variants to be redeem
ed, which come in from the banks. The
amount this month would be between
$40, 900 and $4,000, and no doubt the
difficulty of meeting this payment assis-
ted to precipitate the developments Of
last Saturday.
For months before the crash, Susisky
must have been in a constant state OF
al K
ed by apprehensions, and by the constant
necessity of manufacturing expedlents to
prevent general revelation.
From statement made yesterday, it
would seem that the total moneys thus
snuandered in speculations and loans
reach $4,000 or SIS, 900 over the amount
first stated, viz: $l50,000. The COM
mittee found in the Treasurer office be,
tween $4,000 and $4,000 IN prepaid
coupons.
MIR. Fisse stated yesterday that the
committee had arrived at the exact
amount of the deficit. and that their re-
port would be ready to-day. lie also
stated that that the list of the defaulter' S
debtors. so far as they bear on the ac-
counts and books, would be published.
IF the inference is, that the names of
those parties who have paid up their OBJ
legations since the Saturday explosion,
will be concealed or kept back. we frank
" tell the committee that this will not do.
The list must be given in full, and if the
committee lend themselves to any sup
preston, which We do not believe they
will, the names are bound to come out in
any case, and their report will not be sat
isfactory TO the public. It was with much
satisfaction that the remark of Hon.
Joseph Brown, as he entered the Treas
urer's Office for the first time, was heard
by those present. It was to this effect ::
$50 far as l am concerned, everything
we find wrong viii be made puolic with
out shadow Of concealment.
Speculations as to the names of the
parties on the list Of Susisky's debtors
continue quite actively in the Court
House and vicinity In addition to the
names mentioned already, the following
came to the surface yesterday; August
Waldauer-this gentleman is said to be
in for $1,000; John Schiffman, Mr..
Homan, and Dir. Aimmer. According
to the statement of a gentleman who eX-
amined The list, 1t is composed Of eight
or ten names, opposite to which there
are large amounts, varying from 81 1000
to $lO,O and the balance OF borrowers
of small sums, in several cases coming
down to few dollars; the SO, 500 which
was paid in on Thursday was, we under
stand, in liquidation of note on which
Chris Stachlin was one Of the endors-
ers. A copy of the first is in the hands
Of Mrs. Susisky, who is said to be disin-
clined to permit persons to see 1t. The
curiosity Of the public relative to this
studiously-suppressed document will prob
ably be satisfied tomorrow morning, II
the committee closes work as expected.