New-York tribune., 1872-04-11
eyinccd in sitting the professions OF those who

Among the dcpOsitOrs whose names were Dorho
on the books of this Bank was Gen. James
Wood. Senator Gust reelected) from tho Liv-
inrston district, whose first deposit of $4,000,
| IN hank lills, was made few days after his
vote for Tweed's Charter the passage of which
| ia well understood in knowing circles to have
cost over Half q Million Dollars. little later,
| Tweed's outrageous Tax-Levy was put through
| tbe Senate and now another deposit in this
Bank, also in bank bills, appears to have been
made by some one, O few days nfterward-this
| time, of $1,000.
Now. Gen. Wood was well known Mt home
to be chronically impecunious lie had been
for some years District Attorney OF his County
and had failed to account for considerable
sums received by him which he ought to have
deposited in that COunty's treasury When
first elected to the Senate (NOv., 1862 he was
VIGOROUSLY poor and in bad credit; yet, few
months thereafter, he was able to make the
generous deposits above-notcd, followed by
others; and ho had good balance standing TO
his credit (at four per cent. interesD thence
forth, until the Bank failed as aforesaid, owing
him over $4,000.
Visiting Livingston County last December
we found transcript of Gen. Woods Bowl
ing Green Bank account circulating among his
neighbOrs who could suggest TO honest way
in which he could have become so flush. We
obtained and printed that transcript, with q
| letter elucidating its less obvious phases;
whereupon Gen. Wood, urged by constituents
to explain, stated that he had borrowed the
| $4,000 aforesaid of William NJ. Tweed, and the
| $4,000 of Jay Gould!
Let us illustrate these financial achieve
ments:
Some fifteen to twenty years ago, Mr.. Edwin
James was leading lawyer in London. lie
was o Queens Counsel, Recorder OF city,
Member of Parliament, in the receipt OF
professional income of at least s25OOO per
annum. But he had expensive habits and LED
q fast life which involved him in financial
difficulties, until the whole fabric of his great
ness suddenly collapsed, and he was disbarred,
resigned his places, and left the country.
But why disbarred and dishOnOredf Simply
| because it was discovered that, while retained
| as counsel in q suit against Herbert ingram,
editor and publisher of The Illustrated Ne'9S,
he had borrowed $4,000 of said Ingram 1t
was not even asserted that he did not expect
to pay it but his professional brethren, the
benchcrs of Lincoln's Inn, decided that this
loan was inconsistent with duty and honor
and at once threw him over. They were i'm
pelled to this stern course by no personal i'll
will. but by a conviction that such borrowing
would never do.
| When this matter Of Woods was brought to
| the notice of the Senate, he asked for al
investigation, protesting against any rIyinG
into his private, personal concerns. His request
was granted, and Messrs. Ames of Oswcgo,
| Allen of Cattaraugus Republicans) and Lord OF
| Monroe UemOcTaO were appointed the COM
mittee. Mr.. Ames visited this City, scrutinized
the Banks books. summoned McssTs. Tweed
and Gould to testify-in short, made pretty
| thorough scrutiny. The testimony Of the
Witnesses just named was such as should do
them honor. Of course, they said they had
loaned the sums in question, neither of which
has been repaid or is likely to be. 1t came out
that Mr.. Gould had spent $4,000 Whose y to
renOminate Wolcott j. Humphrey over Wood
| in 1869; but, Wood having been nominated
end elected, Gould was willing to show Wood
that he bore him no malice, but chose TO stand
well with him. Gould unlike Twecd) wanted
no affirmative legislation lie only wished to
be "let alone that is, allowed to keep what
he had. But to the obvious question, Would
"you have lent this money to Gen. Wood had
"you known him to be hostile to your meas
"ures?n both Tweed and Gould answered
frankly that they would not.
Messrs. Ames and Allen having reported
against Wood, Qord taking no part in the in
vestigation,) Mr.. Chatfeld, after duly awaiting
| action by the Committee moved the borrowers
expulsion. Action On this resolve was post
pOned from time to time at the request OF
| Woods friends, but was finally had on tie
| evening of the 9th inst, when Mr.. Chaticlds
square resolve to c4pel was defeated by the
| adoption of the following substitute offered
| by Mr.. Murphy DemocIat of Kings, (wlo
had himself voted for Tweed's obnoxious bills
in the last Senatc):
Resorcd That. in The opinion OF the Senate tho con
duet the Hon James W, %, in placing himself under
an cgsation pending before the body of which ho
| then momhor, was improper and censuIaDle .,
charged are not ofenses against the privileges OF s
senate. and tiat the further c0ndeiaon OF the resou
tiOn OF expulsion be Indefinitely postponed.
Those who voted thus TO dcleat Mr.. Chat
fields resolve to cxpel were
| Messrs Benedict. Bowen Dickinson, Foster. Graham
| narrower, Lewis, LOrd Madden. Murphy, TieDlaHH,
wagncr, wesfeman, winslow, woodin-l5. democrats
| in Ho,icsl
There are names in this list-that OF Mr..
narrower especially (which We read with pain
| full surprise but that Messrs. Bowen, Lewis,
Lord Murphy Winsow, and WOodin (all of
whom voted for Twecds Charter Tax-Levy,
and everything else he wantcdD should so
vote, did not sup isc us. We expected moth
ing else. Deduct these, and Gen. Wood re-
tains his seat hy the votes of exactly nine
Senators who were not virtually in the same
boat with him; and of these nine our City
| 4, irI oil nI ito