The Cairo bulletin. [volume] (Cairo, Ill.) 1872-1878, 1873-08-29
FROM NEW YORK

New ioKR, August 2S.-The promised
report Of President Watson of the Erie
Railroad company, was not presented to-
day it not being ready, as Watson be-
came unwcll while preparing it. The d.
rectors did no business owing to the want
OF II quorum.
The plumbers have quit WORK on the
new post-otiice, owing to orders of the So
ciety, requiring eight hours rs days
work. All men employed on building
work, or more hours daily, and are paid
accordingly.
A 100000 LOAN.
The secretary of the Panama X. X.
company says loan of 100000, ha.
just been contaminated with the Pacific
s. 5. company, on terms mentioned yes
,erday, viz: A guaranty bill Of sale on
six OF the Pacific mail best steamers.
The Pacific mail directors held meeting
to-day and appointed Capt. Bradbury and
Mcssrs. Stebbins and Ssyr committee to
close the transaction with the Panama
company.
BROOKLYN DEFAULTER.
NEW YORK, August 2s.-It is now
known that the Brooklyn city treasury is
involved in common catastrophe with
the Brookly Trust company. Late last
night it was ascsrtnined that the city treas
ury had been robbed of large amount,
and RodmaE, late assistant treasurer and
secretary Of the Brooklyn Trust company
was the guilty party. Rodmsn, acting in,
his double capacity, was enabled to cover
up the deficiency by making false state
ments about the amount of city money
on deposit. On looking over the accounts
! &c tho company and tho booka of the tress-
ury, Mr.. Warren, an expert who is en-
| gagged in the examination, finds Rodmsn .
| defalcation is us follows: Taken from
city treasury, $4,000; general fund $685.
900; Board of Education, on deposit with
treasury, $4,000; total, S203, 900 of
this amount City Treasurer Sprague
made good $50 900 by the sale of his stock
in the Brooklyn Eagle to VIM. VanAu-
den. The bondsmen Of Sprague are Hen
~ Sanger, X. l.. Mulvord, James dwell,
John Patton and W. G. Kingsly. They
are fully responsible. The bond Of Rod
man calls for $50, 900, and is believed to
be well secured. 1t was said at the hall
that Rodmsn would bs secured before sun
down, and lodged in Jail. The arrest, it
was understood, was to be made on an az
hdavit Of Treasurer Sprsgue; but,
if he failed, the comptroller acting under
the advice OF the corporation counsel
would get tho warrant of Rodman. An
other prominent official says they don't
dare to lay finger on Rodman, for he
knows too much for them and they are
afraid he will tell if they make him IA
soaps goat 1t is alleged that in order to
shield tho alleged ring Of spectators that
the deficiency will be quickly met by par
ties who are responsible for the custody of
the city funds. Treasurer Sprsgue de-
MED there had been a defalcation, and
Comptroller Schroeder, although we'll aware
Of dedication, would not admit il.
Two hours later it was admitted
by both who stated it was necessary for
them to keep it quiet from the fact that
they engaged in raising the amount so
that the city should not suffer. 1t is un-
derstood that Sprague's bondsmen pledged
themselves to make good any deficiency.
and Sprague mad g al assignment Of all
his property to the: city, even his house,
There are those who assert that Mills OF
the Brooklyn Trust company, who was
drowned at Coney island, was
implicated with Rodmau in
this deficiency. Among other
rumors which were rife, there was one in
which certain city department was also
involved in trouble, but the nature Of the
trouble was not defined. Inquiry from
officers failed to develop anything salts
factory. Mr.. Warren has completed the
examination Of tho books of the trust
company, and has Il report ready. No
further discoveries than those already
known to the public have been made.
The Brooklyn Eagle says the sum and
substance OF all statements made 10 that
Rodman is to-day a defaulter to the eI-
tent Of S24S00o. That nearly three years
ago he, with the assistance OF Mills, stole
| $4,000,
The five hundred thousand dol
lars first taken were discovered by the
city treasurer shortly after the theft, and
made good by him without publicity. lie
however did not remove kodman, but al
| lowed him to continue his robberies. In
other words, for some lmysterious reason,
after finding that this man had robbed
the city, ne was permitted in contro! of
its finances. How long 1t is since the city
treasurer learned Of the theft which
caused the excitement this morning ia yet
to be learned. As to the first operation of
Rodman 10 morally certain he was
seconded in it by Mills, for beside, uni.