, 1870-03-22

Affairs in the Offlce Of the MISSING
Collector, Bailey,
A Crash Anticipated in the Cot
ton Market.
EpceiN Despatch 10 The Chicago Tribune.

that Bailey, the defanlttnR Collector, has heeu
traced 10 Canada, and detectives have gone tn puE-
suit u him. Orders hare been telegrapned u
Europe and Cuba to arrest him In case he sailed On
any Of the steamers lsst week Many pezsons be-
lieye that he Is stin In the city. Eli booa1
are still under examination, but the accounts
have bccn 50 extensive that the Investigation
with consume many JAYS. One Of the omceEs en-
gagged IN the examination SAYS there is q deficiency
at half million u bis acconnts In the Fourth. |
Third, and ThirtJ.seeond Distr!cta nrge
amount paid "a Bailey when he VIA Collector OF |
the Fourth District Is reeoried In the hooks as un'
collected. Some time ago Bailey purchAsela a farm |
the Fasssic road, In New Jesrst, ind WAS
olnc& in the enterprise BY Ives 4 I'erther, whole
nale liquor dealers in Front street. Nj. |
Bailey owned the farm lo!uuy with Bcrbcr /
Brst. It has passed from his hands. naile5s |
securities have offered SO 900 rrwasi for his cap
tire, aud have given the job to private detective
agency. The whiskcs draless are greatly elatei |
At the situation. aud think theJ will have m easicr
time under the new Collector. |
WALL srREEr.
There was nothing Of special importance In the
Suck and Gold Boards- No new fosgcres
hare come to light. and the
hanks are taking great rrecautiot
sr,n. OF them refuse to certify checks for small
GUNS, and some bankers and brokers to-day in
s;rucie,i theirs banls not to certify auy checks
under {, eco. ... ......
TnR COTTON MARKET.
There is considerable alaz1n over the prospective
hEral In the cotton market, owing to the Immense
abort sales when gold was At the lowest point
Two failures wrrr rumosed tonight, antl, sew
era short sellers are weak parties, there !s danger
Of q crash.
FINDS NisArPRoPR1A-Kn-
The Sun Rays the funds Of tho Excise Boafl
| have been mlsapptUps7atet BY sonc OF the Com
m!esioners and their aFent4 and converted to their
| n4trnnal me- urf]et r0reY q yntA Of the hoard
| at private meeting when all the Commissioners
were not present. Tae aInonnt stolen Is consider
| able.
the aaatrs q Collector baicy eoaa1ue4 Mt:
night, but released On bail in <s,ooo today, hts
rfeaence s,einF needed Mt the Investigation ii the
accoun,s ot the olce. % IL " investigated, arc
found CORRECT On The eontrarJ, District Attorney
pitHepont says that up t0 1ac e. present tlMs ae
e,s, which he thinks viii cover the fraa.s War
rants for the Unrest Of Bailey, Chtias, md Fseaes.
tSw r. Gasas pst q tse ap
i'nited States haze been defrauled Of about
ii'" i astaui,er to iarEs amount. snd ta.t the
} Others must hare aidc3 him The belief Is ex-
prcssed ~ snany that BAILEY 4 ssill IL New 1aEs,
| while others think hf committed suicide. Chtlds
made statement to-day, substantially a fellows:
"Nc had nothing to do With Baicy*s accounts,
III Is .ne Fnsl Saoas III asni
whenever he required none! !rew on that escount
hut hr tChths} tocs not think Bailey untisrstood
1nent vent NJ. Mum u one time to c1amluc Bal.
lcys accounts md they wcfc naslly settled IL somc
Wv to q @ h nnIn9Mp ~ T. nss ,ancn has done e
did not want the public. to tnow how hit
: affairs stood: was natnraliy proud and
E ambitious, eand would not submit to public dts
grace Rai!eJ always en.,eavorei n detect fraud
, and had frequently said: do nut want money 81
nash - tes,s tns nc reputation Of goGa sn
about his indebtedness to the government So ~
as acquainted with the facts, paueys sceount.
nent. u lie % Would oitsa siee receipts to isx-psJcE
H1 fall to make entry in the booIs; hal tetancl
numbers Of such accounts ~ napaia Gnilos o hiG
vars returned l. to the caah!ss: He ,ius Ia,
!. HALEY Clearing hin rum N, suspicion. Batle
admitted that be Wal doing *song, but seemed :
ns e9a S GSf III. II
wEs allowed Sufficient tine The CashieE kne'
nothing Of the t1anaaettona and l. honest and ur
n ~ NJ de.lnS Shtas s1 anfs e. the e4tent
his bonds Many Of the contldentt1 CLERKS -. 40
others in The employ Of Bailey are reno.ted willin
10 make at,taTtts int he appropriated large SUD
The csmnrriol Advertiser tan It has It fro1
/ reliable authority that one Of Bailess oondsme
approached wtii-knoTn distttr Ii the city Wit
the proposition that II the whlskeJ interest woul
RI tses e. ne wou1a s fSs's9 and leave the to"n
tes nsp Nah eIt l. sra,r, RIA, co1lec,o
ra,,sE ,tt y ,,ar a,,h frten.; n with he III
1uallJ admitted be had been guilty Of speculation
g Particulars Of a new fraud CAME to light thi
y ,nn ~ ~ - ~ trI,rtdn.t ~ tho - mr. ~ Iiart o
nt a. .st % ~ t,t4i - ~ ~ E.ans Whartnn
Taa', 49, n.Ss s+..st ~ ara s..a - nnlar 10 a..
I'd ~ ~ ar Sno,s rhich fhex sotj at Is
n.1t stated !ast .he ssos6 E VI =, to5 ~ q
sponnie nans 4 opesator It % On On the W street Toiss
,, nE,,sr,.s anv snch sais mi houcht RE stoc
tark " 1ss of ts ~ sppos' ~ shat .da1 ma!
was shor. u! taAt snS @ au IL, ~ r+ s.,i' WA
il 10 tstaE 1ne 1nalket ana @ tut ~ ~ slotta
1,A Ike enna I,seau1,aH9s aoE.aS = ,ec,r, IN III
hese are no sem e isnsr III hrois1s toa
under ti,too Some banks Of taeir OWE afeotn ma q
tons have been from very small amounts ,s ana "a
forErrs thus far have not EisEed H. oo tn toeaf op
L. aas1enA us>,.,
The yerort that Denuis Perkins / Co.. cotto
1,zuktrs1 So Is Broad street, had 1ahed, In eiEc'
at,en dnt as " 1tl Ssn IA H. sest
tnenf Of some margins OH contracts for futuI
ii delIycrtes Members OF the nrt1 say the aTnour
of involved arr sa m, that their general bustne
re- Is NOT anecteti, and the difficulty win nrOosh
ne ne1t nn.as4 fec,tpe. sspecisy annnR past
r. q general rolling up Of s.ldItional margin
d which may prscipftate failures among te,
! operators 10 the cotton market. An enurrnu1
i, amount OF cotton has been sold Anost for ntu
y delivery, 10th here md In liverpool, 1t about y
ii / lowest rotnt reached on the late break IN g0l
Dn very lsrce NJ amount Of cotton has to II deliver
X .,,,ring the next TWO months, and at low 1gur
In compared with The curErut quotations.
1nE FtSpIS6 BILL
.'shs. ;ate tna II 5sy e.
;rtcrrs;-tcarsnR dcGt, This would seem To Kill i