The Hickman courier. [volume] (Hickman, Ky.) 1859-current, 1871-07-08
GREAT TREASURY FKAUDs
Serious Charges against t2se
Treasury Department..


WASHINGTON, July 4 Considerable
sensation has been produced by tie pub
lication, in the National Republican, the
Administration organ in this city, OF
statements purporting to come from Col
I Clifford Thompson, who was recently
called upon TO resign his position as
] Chief of the Secret Service in the Inter
nal Revenue Bureau.
The matter, said to have been laid be
fore the Secretary Of the Treasury, was
as follows Some months since man
! BIZ the name Of Stone, formerly distil
4 Ter in Brook lyn received propositions
from certain parties in the Treasury De
partment that they could furnish him a
large quantity Of genuine United States
bonds at a liberal discount, and that IN
der the workings of the Treasury Depart
ment there would be no danger of discov-
cry. After some diplomacy, Stone be
came convinced the propositions could be
carried out, and proceeded to try and
raise 800, 600 cash For this $50 900
there was to be delivered to him at New
ark, New Jersey, where he was TO meet
the other parties to the operation, SOC,
600 in United States bonds. Subsequent
Transactions feFseweu tilfe oHes ------s-.- !. l.
agreement that so much cash should be
paid down, aud that Stone should share
the profits with the parties furnishing
the bonds.
about the first of June Stone came
back to Quebec, where he divided about
four hundred thousand dollars made in
his new mode OF negotiating public loan.
After this division of spoils Stoue re sail
ed for Europe Immediately, aud is now
in St. Petersburg
In his first efforts to raise money
Stone communicated a portion of his
plans to two or three parties from whom
ne attempted to borrow. These individ
uals. from fear or morality, declined to
go in, but kept an eye on Stone.
1.-The information received from Stone
was quietly impaired to one or two par
ties in strictest confidence. The conf
dence was so strict that it reached the
ear OF Col. Thompson, then chief of tie
revenue detectives He Immediately told
the whole story to Gen. Pleasanton, and
asked his advice as to what TO do. Pleas
anton advised him to go to Secretary
Boutwell, and Law the matter before him,
as such matters were not within the ia
risdietion ofthe Internal Revenue Bureau.
Col. Thompson laid the case before Mr..
Boutwell,, and was laughed at for his
pains Boutwell, asserted that such
things could not be in his department.
Oh twas impossible, impossible, sir.
Thompson insisted that the account came
to him with such eircu mstantlal correct
ness that he thought it ought 10 be look
ed into but if Mr.. Boutwell, differed
with him, it was none of his (Thomp |
son's) business, and he would drop 1t.
"SubsequeDt to this Col. Cross and
Mr. Whitney Frank, of New \ ork, came
down here, accompanied by a New \ ork
lawyer named Herbert, aud told 10 Dir.
Boutwellsubstantially Thompson story I
and offered, if authority be given them,
to 60 to Europe, capture Stone and bring
all the parties to Justice. OF course, they
wanted to be compensated if they sue
ceeded and SO stated to Dir. Boutwell, I
The Secretary laughed at them, as he
had done at Thompson, and ;hey left
without meeting the hearty co operation
they expected. a
During the discussion OF the case by
Herbert, Cross and Frank, one of them /
suggested that possibly the parties who fl
were abs:racting these bonds were substi-
tuiiDg counterleits for them, SO as not to
alter the size OF the package As soon
as Cross and Frank left, the Secretary ap-
pointed, as the public is aware, commit
tee of three from his Office to examine
the bonds, purchased and undestroyed /
to see if they could find any counterfeits
amOno Them This comnittaa -ro,>o.c,l I
that there was not a single counterfeit
bond among the seventy million exam
ined. This examination was to make
the minds of the people easy if report
should get out that the bonds purchased
by Mr.. Boutwell, aud Kept IN tie Treasury
Undestoyed were being stolen aud coun-
terfeits substituted. This is the whole
story as related to Mr. Boutwell,. and
whether he will take any action on it re-
mains to be seem