The New York herald., 1873-09-02
RODMAN STILL IN JAIL.
Brooklyn's Last Defalcation-What Was Said
and Done YeSterday-The Situation -
esen by tho President Of
the Trust Company.

IueIo were no new ueVelOpmeuts Ia tnc HOus
man defalcaton in Brooklyn yesterday,
and the excitement appeared to have pretty
generally subsidized, despite the strenuous
efforts on the part of wordy scribes to keep
up an innated popular feeling on the sub
ject. He remained in the Raymond Street Jail
waiting for his friends to come forward and go
paii Tor him In the sum OF $4,000. They failed to
come forward, and the ex-Deputy Treasurer who
managed TO deiraud the city out OF $4,000, has
grown weary OF waiting. His counsel are
stiii confident, however, that the looked
ior pohdsmen viii come forward in good
time and that their client "may be happy
yeI" Much OF the time OF the city onicias
was occupied yesterday In submission to that mod
ern torture commonly known as "intery,e wing
Among the victims OF the reportoral inqusition
may be included His Honor Mayor Powell Alder
man Ropes president OF the reorganized Trust
Company, Receiver Chauncey, Assistant District
Attorney Cullen, Corporation Counsel De Witt
Treasurer Sprague, w. g. Kingsley and Judge Nc
Cue. Mr.. Chauncey informed the writer mat the
assertion recently made by one OF the papers to the
effect that he had while acting re-
cevcr for the Brooklyn Trust Company
received $4,000 from Godman and had
placed 1t to the credit Of that individual on the
books at the request OF the latter, was without
foundation In tact. The money was said to have
been received by him on the 1lth OF August Mr..
Chauncey was discharged as receiver OF the Trust
Company on the evening OF the Sth OF August,
hence ne could not have made the transfer accred-
TIED To him. The books OF the company and the re-
port OF the receiver are exact IN their comparison
with the statement OF the accounta Mr. Warren,
so say Messrs Ropes and Chauncey. Warrants
were issued yesterday for the payment OF all the
employees Of the city, the same usual on the first
OF the month. The story concerning the forged
gold check Tor sSO,375 which was In possession OF
the Trust Company, which involved loss TO that
institution OF about two-tnrds the lace value,
wi ~ hp
something new yesterday. President Ropes says
II cannot now be lound IN the once. He believes,
however, that Rodnan knew all about 1t.
A TALK WITH THE PRESIDENT OF THE TRUST COM
PANY.
that all the facts concerning the CITY Treasury de-
ialcations are not yet known-that some OF them
are purposely hidden for the present."
II don't see why that should be- Mr. Warren,
the accountant, knows that when he investigated
the city accounts he went through them al, 30
at the exact amount OF the denctt Mr. Warren
goes 10 work on the Ircasurers books, and nrst OF
ALL calls IN the pass books from the banks in which
the city money Is deposited. the balance due in
them he puts on q sheet. which he takes over to
the Comptroller's office, and SAYS, What debit have
you got against the City treasury Having
ascertaincd what this Is, the two are compared,
and the deficit found as you have already
published-ssS 600 with the Trust Company, and
$4,000 OF the Board OF Education funds
naa peen w.n can S ners he ana M
MIR. Warren ON Friday Low there could be anything
more, and he said 4 don't see how there could DO
Sprague's statement, which agreed with the debit
IN the Comptroilers oilce less the $4,000 and the
$4,000. Mr. Warren found that Mr.. ROdman had
manipulated the general iund some time back TO u
larger extent than the amount OF the deficiency
be any more. Why, last Friday Mr.. Warren an.
nounced to me that he had finished the examina-
tlon o! the Trust Companys BOOKS and taat there
.Mr. Rodmans counsel says tnat between the
city treasury and the Trust Company large sum
of money has disappeared, hut we deny that Mr..
Kodman is responsible Tor That loss.' He also says
that when the proper time comes Mr.. Rodman Will
put In his defence. What do you think he means
II presume he puts the responsibility on to
Sprague. don't see what other version there can
| be tor that statement"
..iIas the s2SO,Oo additional stock which the
stockholders by resolution resolved to pay by the
..Not the whole OF it. We have received in cash,
| so far, 100000 Everybody In town mas paid up.
but most OF the stockholders are out OF town. Tho
Trust Company holds five notes OF sIoO,OO each.
signed by twelve OF the trustees to cover any pos.
siole deficiency or lack of prompt response to the
now RoDMAN SHOULD DE PROSECUTED.
In conversation with Corporation Counsel DC Witt
yesterday concerning the punishment OF the de-
iaultng Assistant Treasurer the following dialogue
81 hear the point has been raised against yon that
civil instead OF criminal proceedings should have
been instituted against kodmanY"
.In my Judgment both civil and criminal pro-
ceedings should he brought against Rodman to the
full extent which the Law allows. The obstacle at
present In the way OF civil proceedings IL the re-
port OF the Comptroller that the city is secure
against all loss II the city has nothing TO sue for
IL Il clear the city cannot sue. In ms Judgment
two duties devove upon city 0nicers: first, 10
get the city's money then TO hand over the onend-
ers TO the criminal authorities OF the State.o
''lt Is also said that the amount OF Rodman's
ball. t5oooo, Is too small considering the character
Of the onence.n
II was astonished TO see an intimation 10 that
effect IN the papers. Considering the tact that the
constitution OF the state and the nation provides
that excessive bah shall not be required, ana
10 Is an Old principle OF law and justice that
no offence shall be rendered unbailaDe except
the crime OF murder. the sum OF 500, 00O, with sub
stantIa sureties TO justify IN double that amount,
seemed 10 me all tnat Just administration OF tho
law required 1 never have supposed and do
not now think that Kodmsn can procure this
amount. The fact that he Is now IN jail confirms
nv original impression. You may rest assured
that suits VIII be promptly brought, atteodea with
AL the proceedings whic the law permits for any
sum that the city may have q right 90 claim"
ABOUT THE KRDEMPTioS FUND.
Some inquiry was made In certain Official cir.
cles yesterday to the disposition OF the rcdemp-
ton lund, under control OF the Collector ~ Taxes.
II was allegcL that this fund amounted to upwards
OF s25,OOo and that adequate security was not
gwen the city Tor ~.