New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1875-12-17
p O ST S RI T.
800 a. m.
THE CHARGES AGAINST AUDITOR THAYER.

ALBANY, Dec 1G-The nature Of the evidence
against Auditor Thayer, presented to tho Commits
sOners Of the Canal Fund to-day stated by Dir.
Magone at some length The main points are Us fol-
lows:
The Auditor in the month OF November or December.
ISL tfe being money in the treasury subject TO the
warrant of the Auditor. for the payment OF claim In
favor OF Samuel r. Wells refused payment OF that
theate and he purchased in the name OF another and
the agent Of another and subsequent 10 his purchase
he audited and drew his warrant the OH day OF Feb
ruary 1870 Tor the payment OF IT. and secured 70 him
self or his principal thereby profit Of $780, and there is
the record III his own office.
the Willard johnson certificates also purchased
$4,000 OF whon Lave become publicly known TO tame
as the Willard Johnson certificates they were purchased
I'd OF July; the negotiation made two weeks earlier
Mr. johnson swears tna he sold them at per cent OF
That he made the sale TO Mr. Thayer did not know any
body else III tine Transaction but month aerward be-
asked Mr. Thayer, and he told MIN it was MCKEE
Purchases oI TINS description amount to about $500
Voo, dhey arc oan'l COMMISSIONER t ~:
Feb o. the Wells, $5,40i 92 tao purchase of the Baxter
tSc 10th Of Nay % 1890 On d the sao day IL
ON the same day. S5O.542 O6; on the same day,
day, $4,000; the 2ith OF ay. 5000; on june 3,
S6,9l9; On June II, Si760; on june %, $isOOO; on
III So; asgresating s566,956 S. Those were taken
and receted Tor by Mr. Stone and have bls receipt Tor
Mr. Stone OF the Troy Bark swoars he knew any
body else III tine transactions but Mr. Iyer; never toOA
S G mat ne did il at M Thayc request
knowing any other person IN the transaction Or ever
seeing anybody else.
We have a tabular statement; also that Mr. Thayer
indebted the LIST OF December 1874 to me Troy
Bank ia discounted notes in the sum O $4,000 tbcy
were constantly reduced in volume colncidhg WIN tho
tines these were made IN these Certcales
u las peel fehu.ed anu tlo aIu j" IN
VITA the dates moneys were received On tnese coitn
Gates un on the tenth day OF the present month, IL 10
reduced to $1,000 that is tho testIm ny oi Mr. stone
There was Canal COMMISSIONER DRAFT Tor Too,oVo,
drawn by Canal Commissioner Adin Tbayer upon Tue
AUDITOR which WIS paid by the Auditor upon contract
%ithoaI any certificate OF an eh5noef, a. - tNuIu ~
law. The law requires That they should not pay unless
on q sworn certiftcaie:
II shall be tie duty of tho Auditor OF the Canal De-
parnent to reject and refuse payment OF any oaIi
against the said iund on certificate OF mea-uomeh ny
engineer unless such estimate shall Dc sworn 10 ana
verified proVided IN the second section o hc ACT Gu
titled An act IN relation 10 the public works.,
Nj. Tnaycr replied to the charges as follows:
deny that over had one dollars interest in any of
these certificates Whatever deny that pr0ntcd to he
amount OF dollar Theso certicaies IL wa be renen
bered. Mr. MagODe reports mere H2bDOOo Odu. NoW,
will just say word IN regard to "a large amouh'
OF them. Last Spring, 1t wili Us reneni,
the FACTORS having contracts on the canal, and
good many OF them disposed 10 thro" up the con
fracfs AID let the the canals and put
them order the best way they could, especially
on the Eastern Division.
Ilcutenant-tiov Dorsheimor-Then in all these
matters FAR you acted you were the agent oi otlei
people, and had No interest In IL .
Auditor Thsycr-NO interest whatever that Is the reas-
on. Mr.. MagOno said that my discounts at the
Troy City Bank fell the profits on these certificates
rose. Now no says. had $4,000 discounted at
the Troy city National Bank III December, 1874. That
presume. Is trIc. borrowed money. now have len
but $4,000 There Is collateral iot that Inc man Th9
has bee my inOrecr for years went out OF business last
spring. ana is in very feeble heath aud unable 10
attend to business; We indoised mutually; he with
dra ing and leaving business II rendered IL necessary
for me TO provide other ways for money, which have
done very much IN hopes they would cali upon me
to LET me explain vt these matters by vouchers ana
checks and accounts, anl can snow tnat while owe the
Troy City National BANK $4,000 less owe other places
$4,000 more; have been III business al the tiAe
been ehiftng my securities somewhat and my means,
but was Obliged 20 depend upon other means besides
udorser Tor accommodation at the panA tat 10 inc
Treasurer Ranes-Do Won deny that these deductions
were made In pay ment of certificates! a do Sir; not
one dollar, not one dollar. .
Mr. LOOMS, the accountant-The statement Of Mr
Thay ers account with tine Troy City National Bank
begins with first transaction we ind he engaged ID IN
canal certificates which is dated Dec, 1874 Inayer
hOi rOYed 50 207 3d. and hypOthecated eerincate OF
tbe hudiior of the canal Department of the State
OF New York, dated April II, 1874, issued 10 X Wells
under chapter 49, Laws oi 1874. on an
award OF the Canal Board amounting TO s32U7 % and
principal and interest. The certificate Vas as,
signed 10 George A. Stone on the 3O,n OF
November, 1874 The amount Of this loan was paid TO
Mr.. Francs = Ihayer IN tie tOrin oi uats on to Troy
CITY National Bank on tho Third itiunil BANK, New
York CITY, on The an OF December ls'4; warrant Sl
ruary 1879 to George A. Stone. cashier, at
torney. end the State Treasurer, with the counter
sign of 1hayer, issued his check 1Or the sum oI SOL
on the IrOy City National Bank, dated February .,
1875, for S5.4j1 ~, aud the loan was sett i,
Inayer was charged with amount Of principal
s5,207 so; interest, December u len,, 70
mayer sl37 81 being added togetner, the amount of
tine warrant principal ard interest S3f54 81 On the
2lst OF January, 1870, Mr. IbSer D1lrON.a Soi,2vV
Baxter uuder special act OF the Legislature, chaper
Gl5, 1874
(ForHs P,oc,edings Of the cooassion First Pags.l