, 1873-09-02
Bogus Bonds, Representing $1,000, 900,
Said TO DC on the Market.
One Of the Prominent Dealers Under
Arrest.
A Banking Clerk Makes or with
100000.

mittaos hayo rcorganizcd, and public
moctinga aro to bo called for this
weok. Tho Union newspaper Inns been sold
to Republican clique, hoadod by Alaorman
Richardson, who IL to DO tho Ring aud Republic
can candidate for Mayor.
Theodore Ti1ton ia shortly to aasume tho
oditorshp of tho Brooklyn Eagle, tho chief Ring
organ, in order to permit it to assume quasi
reform attitude.
A now paper, with hoayy capital, ia to mako
fts appearance in fow days. and altogether tho
prospect is indicative Of q lively political can-
paign.
Thus far partial examination Of tho accounts
OF single Brooklyn bunk has shown dofalca-
sionB III four accounts, aa fol-
lows: Fire Department. fund, $4,000; Board
Of Education fund, 100000; sinking fund. e6o.-
600; Treasurcr's deposits, eOs,o2o.11. A1r.
who is tho '' Register" Ia officially charged by
the Comptroller with appropriating to his own
t,se tho interest in tho Firo Department fund
to tho amount namod. Ha only ploa In oxtonu-
alton Of tho offense is, that 1t Is an old steal,
predecessors did it, aud havo been doing It for
department :. arc found to 10 enor-
moas fnns N n tnG bo 'se6sssp ss9 DEFICIENCY Ny,dn in
count was kopt. This indicator that there NAV
DO something wrong in other than tie Hing
banks The sinking fund was robbed on two
menta, all Of which wore paid iuto
tho Trust Company slreo thu ninr.
which had used tho money, grew frightened.
Tho lust installnlent, with only part Interest,
Fulton Bank, into Tie Trust Coiupa1,y during
known that tnis account lad boon robbed.
It is now asserted that tho money
thus paid by nodmar was not Lila own. and t]at
ho hal noyer stolen funds originally tLat he waH
cmployod to return the n,oney 1,ndnr nromisas a
Of projection, aud that lie was thus skillfully
ontrappol into furnishing proofs against hiui-
Holf, which may yot send him to
State Prison Iho Soc, ,9so.1l is whit
was left unpaid of defalcatiou Which las been
standing for ycars mud which. at one ti1no. was
AZ high ~ 3io5, ,071 a3. It wau not Mr., Hodnsu'g
stsal. He probably noyor got penny
Of it. His counsel layo proof. or nsgork
That they hayo, !hnt Roimap WAS
e1ap1oyod only to tnko city deposits from tbo
Treasury, and put tic n1uount whcro tho Ring
:ould use it.. That defalcaton Inns averaged. for
7atorest Of which ulono would have paid tho Ring
which used it $50 600 year, TliB Interest ia LOST
n tho city. 1t is already generally suspected
und md who eombineI 10 ronax It won WIZ ~ rofnr
saatiou threatened to expose tho fraud, T'horo
ate runors Of five 1oanB to Judge
HcCuo. Mills and nod1pan rot on]y
sho Trust Company funds, Tho dcfoulters to
;ao city we're others. and It ia not news in Brook
I'm tIat t1loy wore public officers. Tho briof OK
animation which hns boon made BLowa that
throo ycaro ago there waa n iofsIca-
hon In tho City Treasury Of S5s1 9G3 ,15,
which has gradually boen reduced to s0B dim.
This sum Is not, therefore, to bo charged to
the profit Of tho Hiug aud loss nf
tho city. Bat discovery shows VS. conclusive
" that rs far buck aB 1870. tLe Hinr
was unjng over $500, ,UOD OF tho city funds. Flrs
thor still. tho fact lns been developed that tbore
Is . deficiency Of s2,oooooo in the Tax-col-
that tho whole Of Ills can be- accont-
I'd for on tho piea that taxes
ire IN nrroarB. There is grave and widespread
suspicion that an examination viii show lint
thousands Of porsong nut down on books AZ in
arrears for taxes, have paid promptly. mud TINT
collections have not been all paid ii.
10 tic Associaasl I'rfss.j
Nr1r Vopr Eapf JV Eoon