The New York herald., 1870-02-11
THE WAYS OF WALL STREET
Van Saun Co.'s transactions Another Afdda-
Wit Corroborating the Story Of Samuel G.
Barr-Action Of tho Gold Board.

There was considerable excitement IN wal, street
yesterday In consequence OF the article In tue
HERALD, founded on afridavirs showing up tho
nrm OF Van Saun b Co., br0kers In Broad street.
With the view OF giving botn sidc3 or the story ana
leaving nothing unsaid that might assist the com.
mittee appointed by the Cold Board yesterday 70
arrive o. proper understanding OF the facts
OF the case, few more facts are here men,
toned, and also o further ailldavit by
one OF the parties Interested IN tho transaction be-
tween Van Saun Il Co. and the detective" Randle,
winch Is now the subject Of litigation. With refer.
ence to the former and to the statement Of outside
parties, are given 10 understand on reliable au-
tnOrty that Mr.. Barr Is about to commence suits
against several individuals for libel and defamation
Ol character. Aud concerning the aildavt. the nice
hsile plan Tor the capture OF the wool Oo0 was
well oy parties whose names are nss nov os
trated by Van Saun b Co. through the c0nnlvanco
Of the clerks In . certain national bank: VINO
were TO steal checks Rs ordered by their employers
Tho chccks to be stolen to make up the sum Of $780,
zoo were those OF Jay Cooke 4 Co.. the Fourth Ma
mhye Co., ana 0therA Van Saun were TO be tho
channel for their negotiation and were 10 receive
were TO 90 obtained through Randle and Others. In
tho check business . mythical house or Faircnl'd
4 Co., were to be tne dealers with vaa Sarn Co;
through, owing to Karrs squeamishness In refusing
70 have anything TO do witn the matter Van Saun
q Co., wanted to nave Barr Co to fall back upon
in case O q roverse tt being supposed that MS
friends would .pay up' sooner than have his name
mixed up with anY scandai0us transaction
City and Cnv Of New York. n.Joseph Dows OF said city.
%no Van sa"n ana HSu.,ua H. Whesos. Composing L:
OF Van Saun Co., 70 Broad and Samuel q.
that ho a. frequently held with the said
Co.. relating to transactions In bogus bonds and stolen
checks said Van and said proposed aud
~ :a o one miSa Of provided
they should twenty cent the gross amount
nesotia.ed which h. aeponent could put Them IN taS
per the amount negotiated That said Van saun and
amount OF bogus up the of million dol
lars which this could pa; them In the way OF get
% e '
whom they could hold for them provided there was auy
they could make large sum out OF ts
That said barr nothing about said conversations be
tween said Van Saun and Wheeler and luis de-
ponent far as ths dsponeat informed and verify
nj various times TO this deponent thai they d,d NOS
whether the said checks bonds stolen or bogus
not. 50 long As ihey should make large aa Of money
Sworn 70 before me this day Of February ieIO-JolN
H. SwART Commissioner Of Deeds In and for the city and
county or New YORK.
special session Of the Gold Board was held yes.
sldeIat0n the allegations with reference 10 Messrs
Van Saun Co., the senior partner OF The hrm being
q member OF the board. Mr.. Van Saun MADE an ex-
planatOn OF the circumstances mentioned Ia these
charges and protested his innocence the man VINO
figured prominently In the WORK OF altering checks
anu bonds was casual operator IN his Ofnce who
deposited margin Of four or live hundred dollar3
lost It and got In debt. To get out OF the latter no
proposed raising money ON bonds which ne owned,
and TO release which he borrowed money special
vestgate the charges fully and report at future
day.