Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1871-08-09
THE TREASURY.
Important Revelations as 20 How
boutwell, MiSmanages the Bust
ness Of the Treasury Department.
GnaeiaI IN the O{y,.fnpafs Eporirar

Important heVe1aliOnB as 20 A0V
boutwell, MiSmanages the Bust
ness Of the Treasury Department
Special to the Cincinnati Enquirer.
WASHINGTON, Aug. 7.-Mr. William
p. Wood, late chief of the secret servic,
of the Treasury Department, publishes
card to-day, severely critcIsing Secretary
Boutwell,. He was for g long time in &
position to know the secret working Of
the Department, and he threatens to pub,
lish 8 pamphlet in which he says hewil
prove the following facts:
First-Thst there are millions of dol
lars of Government bonds which have
been and are now in daily progress of ex
change and redemption, while the true
owners are receiving the interest due on
sucn bonds. The identical bonds on
which such interest is being drawn, have
been redeemed or exchanged by the Cow
eminent under Secretary Boutwell,, as also
his predecessor, through the conniyance
of uDscrupulous bankers and ignorant and
corrupt officials of the Government by
erasures and fictitious numbering Of genu-
inc bonds, the result of which will be that
the creditors of the Government will
either have to suffer the loss of their
bonds or be relieved from loss by some
special act of Congress; in which case the
the Government will be the loser of thous
ands and thsusands of collars on the
article Of registered bonds alone.
Second-fhat the paper transactions
of the Treasury Department are of such
8 character that they will not bear fair
exau ination without exhibiting the Sec
retary's ignorance of the subject or his
connivsnce st the glaring frauds and ia
yoritism which has been in practice un-
der this administration of the department;
also showing that fiber paper for bank
note or other purposes, as prevention
agains. counterfeiting, was delusive
theory which will be established by Stats
tic details and mechanical experience. 1t
will also be proven that the honorable
Secretary disposed of the valuable paper
making machinery Of the Government at
one-fourth its original cost, and at less
than one-haf the sum offered for the
machinery by parties not his favorites.
Third-Thst through George S. Bout
wells want of manliness he stoops 10
petty, mean resorts to defsme those
around him who do not volunteer subser-
yience to his dictation, il different himself
as 10 whether such die atoms are in &C
cordsace with law or otherwise, aud such
examples will be given as should make
every honorable man detest the political
demsgogue who now presides over the
Treasury Department.
Fourth-A synopsis of his clerical,
mercantile and political history will be
given, as well as his career as Commits
sioner of Internal Revenue, and by ex-
simple, Sad inquiry will be submitted, TO
know in what other light than as default
er to the Government the now Secretary
Boutwell, can be regarded, because of the
amount expended, malappropriated or
purioined, equal in amount to between
two and three millions of dollars, during
his administration of the Internal Reve-
nue. Bureau. and which remains unsettled
10 the present day.
Mr.. Wood closes bis communication as
follows:
During the interval / may forward
communication to Gen. Fleasanton, the
present Commissioner of Internal Re
venue, iDquiring from him under what
law and from what specially appropriated
fundsI an to be paid the amount condi-
4ioned by virtue of the commission and
written agreement, which | now hold
from George S. Boutwell,, Secretary of
the Treasury, it being a well known fact
that Congress refused to pass bill giving
him authority as Secretary of the Trea-
SUN to make conditions in such cases.
| VII in the said communication of in
quiry offer the original commission to
myself from the Crotch fnancier, by
which the Commissioner may compre-
hend the reasons for the interest taken in
that specially, aud, with the explaus-
lions and proof l will furnish, show the
unblushing hypocrisy and sneaking
treachery of the man who, unfortunately
for the country, ia now DESTROYS of run
ming the Treasury Department as if he
Owned the whole concern"