New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1875-12-28
THE TWELFTH REPORT.
Mr.. rH.YER's TRANSACTIONS IN CANAL c

GATES SET FORTH IN BRIEF-THE PROFITS o.
FAIsEHoOD AND CORRUPTION.
ALBANY, Dec. 27.-1he Argus will contain
tomorrow the twelfth report Of the Canal Investg eating
Commission. II relates exclusively to the transactions
of Auditor Thayer and embraces among other things tho
following cases.
sR Wells held as administrator OF an estate, GER
cate of Indebtedness against the State for POI So
and on OF about the Goth OF November, 1874, presented
1t for payment. The Auditor refused 10 pay IT, alleging
that he had funds applicable TO such claim. This
false. On about the 9TH OF December.
1874 the Auditor purchased the certificate his
account, at discount OF the accrued interest, which
date OF purchase amounted to about 81 600 On the
9th day February succeeding he drew his warrant
upon the Treasury In his favor for the full amount
OF the certificate with accrued interest 10 that data,
S5f54 %, and received for 1t a TreasurePs check.
George NJ. Case assignee OF George Collins, held .
canal certificate for S97Gs IL the accrued interest
which amounted TO 1861 80 On about the 1lth day
of March, 1875 he his claim and the Auditor
refused payment. alleging that be had no funds This
allegation also false Immediately after such
fusal Auditor purchased the certificate at discouns
OF $50 On the goth day Of May succeeding, he drew
warrant covering the full amount Of this certificate with
accrued interest 10 that date Sl0,730 go in his
his attorneys favor, for which he received Teasurers
check
H. French held canal certificate for 81 1sl 26 and
presented il the Auditor for payment days pop
to the 18th day Of March, 1875. Is refused
about the 18th day Of March The Auditor purchased
the certificate at discount OF $24 g. and the
Goth day May he drew his warrant on the Treasures
for the full amount of said certhcote and received HE
check for this purchase was made In connection with
H. d. Denison held FIVE canal certificates all Of which
unawfuly issued, amounting in the aggregate 70
S5O5a2 06. including interest two of them. lie sold
them the Auditor the 2sth Of April 1875, dis
count or seven per cent per annum from TIC lace on
liberal time ON the 1911 OF May, 1875, the Auditor
his warrant the Treasurer In his favor for
the full amount of these unlawful certificates, and
ceved the for them The Auditor Drofessed 20 be
unable say for what length Of time he discounted thess
certificates or the amount he paid for them lie 40
acknowledges that he made profit In the transaction.
II. c. Denison held six canal certificates, also unav-
fully issued amounting III the aggregate to $3l 1873 03,
which he sold 60 the Auditor on or about the 29th Of
April 1878. On the goth OF Nay succeeding the Auditor
their full amount and received the money One Of these
certificates No. 10 o75 the Auditor knew at The da:e
the canal at Utica, which the contractor had aban-
doned ard account Of which work tue state had suf
fered gr 1T loss At the time 0f abandonment the
had lett that portion Of the canal in such condi
tion from tearing down the slope walls that IL required
SD, 900 to put IL In naNi gable condition. THIS $1,000
Auditor Thyer peryersey refused and still does refuse
r. L. Osborne held six certificates, amounting to
500 &c., whicn he sold TO the Auditor about the
i2tn of April 1870 at discount OF seven per per
annum OH He say for what time he dis
counted them, but knows 1t was for longer time than
he held them On the 10Th Of May following the Auditor
drew his warrant the Treasurer for the full amount
of these certificates IN his own favor and was paid for
Several OF these certificates related TO unauthor
lied work.
On Or about the 7th of Juue, 1872 the Auditor Dor.
rowod $3s, 900 the Troy City National BanA
canal draft for $4,000 issued 10 john ID. Hamilton for
ordinary repairs ON the Eastern Division OF the Erie
Canal although he had public Djs 1t the time appcs
BILE tins indebtedness Ho states that he pad this
money To his brother Adm IBayer Canal Comm ssioner
the 2sth or June following ne drew his warrant 10 HE
favor the Treasurer Tor the full amount oi the draft
and received the money 1t appears from the records u
draft issued made by Mr.. Adm rhaycT, Commits
soner, aud brother vi tine Auditor without adSertsngu
for compeOn and the Auditor paid IL without Inc sworn
certificate oil an enneer attached ss Is required by law
tam shows that the work could not have cost over
gu 200 The contractor himself could not tell Ito cost
what lie received for II. The contract aud pa! men
under it we're unauthorized and unlawful.
Willard Jonsun held eight canal certificates amount
which the Auditor he gan esOtia ting about the 18th
day OF June, 1875, finally sold them bin about
The Auditor thus secured 10 himself anticipated prOnt
OF $500 3d. which he Immediately put into ais private
business. Inis transaction he preiends made
hall vi his bsotherIn-law T. j. Mckee wno, rs appeared
tie Auditor than 5000 but at the date OF the
purchase not singio cent An. money wherewlth 10
Troy National Bank, on tes very certificates rs col
lateral hes having borrowed from the said Bank, gu these
particular securities, irom 5000 To $4,000 more than
James r Beck held certificate for sG,496 %.
made upon fraudulent claim which lie sold TO the Au
dtor about the 10Th OF June 1870, ut dscount VI tea
Vim baxter held claim against the state ior S3j OOO
under award made III pursuance Of chapter OILS of
the laws OF l57i for improvements IN steam power on
Ter to pay this clam without written opinion roIG the
Attorney General declaring HIS legal authority To do
and Dy his peVnniary necessities, finally ~ sru the
claim the 10Th OF January to the auditor Tor 81 500.
at discount of 5000. The money used in this
obtained by Mr.. Thayer from the rrOy
City National Bank, the assignment Of this claim
collateral Before purchasing the claim lie had pronted
by his facilities Tor official nercour with the Attorney
General " learn from him orally that the Controller
could lawfully pay IT, On the 17th Of February the
Auditor received the Controllers warrant for the fun
amount the claim, and put into his own pocket 500
S3l 900 Just "a days. ct the
$50 per per annuln This Ia the only one Of the
foregoing CLAIMS which subject W Mr.. Thayers
audit.
from the testimony herewith suDInttod that hs (shA
AuditOr purchases OF drafts aud certificates against
the state tho 7th OF December, 1874. tina
I'd Of July, 1879 period Of lees than uAontha
amounted to 81 In number and represented the a
$3lS,3i3 81 and largo ths sum appears, We have
reason TO believe the list still far from oompleto