The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1872-01-17


on It's lace TO be a reiOrmatory measure,
while IN fact leaving the power sin Ia the hands
and 1t IL rumored that the present Supervisors
dodge rs Of that character IL ~ singular that
bat then ne ONLY presents 1t 10 the Assembly "by
request"
THE CHARGES AGAINST SENATOR WOOD.
me Wood investigating Committee held their
nrst meeting to-day, but the slttlnR was not pub.
nc one, and inns the newspaper correspondents
were unable TO obtain the particulars understand
that Senator Wood Is as confident as ever that
when the committee get through with their
he mas been all along very badly ana
very nnjustly abused man. Your correspondent
endeavored yesterday TO OBTAIN from HIM an ex-
planalon as TO that mysterious bank account In the
Bowling Green. but ne was unwilling TO talk on the
subject inasmuch as ~ would be, IN his opinion.
dlscourteous TO the investigating committee TO
make statement OF the facts In the case 10 news
paper while the investigation was pending. II
difficult to see why fault should Zoe found
with Senator for having made certain
alter certain day when bill, rumored to have
been engineered through the Legislature by bribery,
nad succeeded IN passing; that MI; Wool lives at
the bank ne made the deposits in Is located at the
extreme end OF the other portion. This fact, once
known, win 60 great way TO explain why 1t is the
charges against the senator have created such wide
spread interest not only among his fellow members
at the capital. AZ first blush 1t does seem rathe
absurd to base charge or corruption against
senator simply because there was what some people
call "a strange cOincldenceD In the matter OF a
bank deposit OF his being made few days after o
bad bill was voted for by almost tw0-thrds OF both
houses but after all there may
REASONS FOR GRAVE SUSPICION
are to the Senator convced base their
hopes on This pointathat the Bowling Green Bank
is Very strange that he should deposit the si6 in
the bank, and that particular Dank, when he could
Where could be drawn s out BY check S il
p: .o,s TIA. pars,sassE purpose
friend OF his 1t said the senator has already
made statement to the committee which Is no.
thing more nor less than the same eXhDJ OF raCts''
he intended 10 make public some time ago, but
which he did not make. owing TO circumstances
That last month he explained TO MI. James c. jack
son all about the deposits made in the bank. 1t
ment before the COMMITTEES viii in ' aay.
wise diner rom rom ,nat already I'm made, ana
PLANTATION was. The truth OF the whole bank matter
was, he said, that the account referred TO was not
his account but that OF another man, friend OF his,
in the city OF New York. whom he was trying to assist
In his business matters. ~ raised and deposited
to my credit lo,OoO" says the Senator, because
1t was thought better as he was IN embarrassed
circumstances that 1t should be IN my name rather
with him, with blank cheeks signed by me- Every
dollar OF it ne drew out and invested In his business
the So, 600 was borrowed by me Of q friend In the
country to aid q client who was
IN EMBARRASSED CIRCUMSTANCES
and whose land was about being sold on fore
Of the mortgages and assigned them to thai
friend who now holds them as collateral security \
the money raised by me or on my credit for that
New York business. The deposits made In the year
ls7l came from that business. and were deposited
the loan made In short the whole thing is a
legitimate !, o. business EansaastIQ9;n
as % rs soOS al es wc
appear very anxious to get at all the facts in the
case, may require still more extended exhibit as
Senator's two friends In need. II Mr.. Wood took |
an assignment or the mortgages he refers to, as he
says he DID, and assigned them to one OF his needy
friends he WILL no doubt during the investigation
be able to get tnat friend TO show them TO tho COM
worth anything at ALL 1t Will be absolutely neces-
sary that he should produce them 1t may be in.
tail as TO the moneys raised by him. which he says
the bank deposits which have given rise to so much
until the committee have male their report
public people should suspend their Judg.
a. &c, to MS alleged guilt At VINO knows
tables on On those parties whom he calls his 'perse-
THE INSURANCE DEPARTMENT MIDDLE.
As Investigations seem to Oe the order OF the day.
and charges are nylng around AGAINST all sorts OF
get at the spoils again, IL be OF in
terest to mention that from present indications
nacment PROMISES ' TO he Verv yev one In.
deed. have been informed Dy one OF the reform
members IRON New York that the Committee ON
Insurance have already IN their possession facts
which Mr. Miller will have to explain away very
speedily II MIS- reputation Tor honesty amounts TO
9b - lug nave reIeried 10 Tells me
tes R6sk sP5 tk H1 ES22 H
company in New York was within $4,000 OF |
going by the board" and that when the examiners
OF the Insurance Department called upon the com.
pany and found out how matters were that a |
thousand dollar check was offered to cover up the |
thing SO that the company could go Oh with its !
business I'VE take no checks" was the reply OF
PAID DOWN IN GRERNBACKs,
and the company went on with It's business as
usual" Twas informed by this same member that |
after the Chicago fire examination was made INTO |
the affairs of certain company, ana the insurance
can we do for you for all the trouble you nave
taken" asked one OF the company's officers.
ao ea was ae ep the sSs
they were not returned TO the senders "how do
you know" asked the member alluded to, "that
that 900 was paid down to the Insurance Depart
ment OficIas Sn "Tne man who handed the money
over to them is ready to swear to before the COM
man who gave me this information is a member of
the Insurance Committee Whether MT. Mil
ynnW n aeo0' Probably ne
be aole to tell the committee himself. At any
rate may be taken for granted that the investiga
will be thorough. II the charges made against IL
are grouniess the investigation will OF course do
result will be very serious one to MI. Miller.
CIVIL SERVICE JOKE.
senator Lord must have oeen IN an exceedingly
facetlous mood this morning when he introduced a
series of resolutions calling for civil service reforms
in the distribution OF appointments TO be made
by the Canal Board The senator in the preamble
referred at length to the remarks lately made 10y
Roscoe Conklng on the civil service business, aud
then wound up as follows:-
these resolutions embOdy the principles OF bill
passed nero last winter; but the Governor in MS
wisdom tailed to sign 1t. am happy 10 say, how.
ever. that, Juding from his late message, his
views on the subject have entirely changed.
His opposition to the bill last year was
that 1t placed too much power In
the hands OF these men, and this
year ne Is willing to place the same power in one
mans hands, The reason l offer these resolutions
Is that the Canal Board Is weighed down with a
weight they can hardly bear. The Attorney General
has been appealed to In the matter OF the appoint
ments; but he says he knows nothing about the
qualifications necessary for officers under the Canal
Board.n