The Portland daily press., 1874-04-20
NEW YORK.
Mean Bushes. for a Reporter.

New YORK, April 1S.-General Butler in an
interview with Herald reporter yesterday said
he knew nothing about imitation, nobody was
in favor of it, What Congress wants is to ex-
pand the currency Why should not green
back of oday's issue be worth inst as much
as one of day before yesterdays issue? If
Congress were to issue $500, 100000 greenbacks
aud with them take up S5OO.0OO, 900 of interest
bearing bonds, the interest would be saved and
the greenback as part of the national debt be
from holders of the bonded debt, amounting to
about one fourth the total value of the coun-
try. If there could be such a contraction of
the currency as to make its value equal to gold
all the property Of the country would be de-
preciated about fifteen per cent actually and
probably thirty per cent. except the debt owned
by capitalists which would increase as much.
The very men who were on the Sunday of the
panic tearing the skirts of the President to
prevent his going to church in order to per-
suade him to issue the $44 100000 reserve, yes
terday went to Washington to ask him to veto
the bill which legalizes that issue. He had no
means of knowing but he did not believe the
President wonld veto the bill. He (Butler)
was the only member of the New England
delegation who felt himself independent of the
capitalists and was acting according to his best
lights, unawed by the power of wealth and I'M
deferred by SANDER and caumuy.
Being asked his opinion of Washburn's cleo
ton, Butler replied, Washburn was never cleo
ted to any office but as a compromise candi-
date. Very amiable, respectable gentleman, it
took them a month to agree upor him. He
was the first Governor of Massachusetts who
demeaned himself by being candidate for the
Senatorship. His election is one of the acct
dental immaterial facts in politics.
Tammany.
The Times says that lively time is antci-
pated at Tammany Hall to morrow night
on account of election of officers. Two tickets
O o. hu oh hv md
the other it is said by Samuel j. Tilden. The
latter charge the former with having formed
political league with Comptroller Green and
Mayor Havemeyer, which the former deny and
contend that their opponents heads
and adherents of the old ring.
Mutisated by Rats.
The dead body of an old hermit was discov-
cred this afternoon in a Shanty in BROOKLYN
badly mutilated by rats. He resided in the
shanty seven years and never had visitors.
Bank Statement.
The following is the bank statement for the
week: Loans decrease, S201 900; specie de-
ere use, $621 800; legal tenders decrease, $409,-
600; deposits increase, $147, 200; circulation in
crease, $4,000; reserve increase. 81 ,079 125.
Forgery Conspiracy.
A mysterious prisoner has been held in the
Tombs on suspicion of being connected with a
gang of railroad f0rgers who operated in v all
street last summer. They negotiated over a
million dollars in counterfeit bonds on the New
York Central, Buffalo and Erie Railroad Com
panies before discovered. Among the victims
were most of the prominent bankers in the
vicinity of Wall street besides two trust cOmpa-
MES. The bonds were so clearly executed that
the President of the Erie Company said he
bought $4,000 worth on which his signature
had been forged without suspicion of their
character. The prisoner is understood to be
Louis j Keepers broker, and is believed to
be one of the men who disposed of $40, 900 of
forged Buffalo and Erie paper. The detectives
had traced him to Buffalo, Rochester, Ceve-
land, Chicago and other cities, and arrested
him Tuesday in Boston where he was acting as
canvasser for Autograph firm under the name
of o. A. Delaney. He is held on twenty in
dictments for conspiracy and forgery. Keepers
makes the tenth prisoner lodged in the Tombs
within the past four months in connection with
the great forgeries. The other prisoners are
Andrew Roberts and Edward Gleason, alleged
to have conceived and furnished the capital for
forgeries; Dr. Alpah Birdsall of the Burdell-
Cunningham murder notorety; Stephen Ray
mond, who was extradited in London, johnson,
a lawyer; Brown, Yates and Franklin, who ne
gotiated the bonds; Stephen Olmstead, who did
the printing and engraving. The latter is to be
used as witness. The trial OF the forgers it
is thought will begin this week. The District
Attorneys officers say that the evidence will
disclose the most astonishing forgery eonspira
cy on record in this country.
VarIons Matters.
The business of the Germae American Bank
is not affected by the removal of Emil Sauer
the late president, for Irregularities while in
office No run on the bank is anticipated and
the acting presid mt states that the soundness
and standing of the bank is not impaired in
the slightest degree. The irregularity cons St
ed of the presidents lending himself $40, 900 of
the banks money on Brooklyn real estate Sc
curity.