New-York tribune., 1875-12-23
MIR THAYER'S CONFESSIONS
THE RANK AT TROY.

THE BANK AT IROf.
MR.. MAGoNE's SHARP QUESTIONING ELlCITs SOME
MORE DAMAGING FACTS.
ALBANY, n. Y, Dec. 22.-The Canal Frauds
Commission roasscmbled at 10 a. m. A portion OF Mr.
Thsyers testimony read 70 him and corrected
This occupied till 1890 p The examination was then
resumed. He testified in substance as follows
I was q stockholder and director In the Troy cry
Bans '1st aS and ns ISIS cannot say that it was on
count OF doing losing business the irst Sate money @
Cana board directed that transfers be made on Sd OF
Mr.. Magone-The records show that the transfer was
actually made in the July preceding. ,
Mr ThayerThat is not the fact so far as this fund
MI Masone-And 1 insist have evidence that the
transfer took place in July as say ca Which he
left such condition that II had to be Completed Dy
your brother through Horato seymour jr INT Magohe
read the provision relative TO delays in carrying on the
work. requiring the interterenee OF the Can i2lS th
said the Canal Commissioner do this and he must
see that the canal in naygabe condition. under
O Don't you understand that 1t is his duty to do this
under any eircumsiancesi A. No; sir: ,.onoro, in
Mr Magone read the law, which was very general In
Mr. ThsycT-I did not understand by Denison abandon
tng his contract the Commissioner could go on unuer
stand so with ordinary Tepairs not new work
les for was g95s 1s: mos 20 Of be E @s %as
character understood there was other work. such as
walls, etc.
MIR. Magone-I was there and saw none you cannot moi
tell who told youl A. No, sir; think there was
r To- 90 on with this work he could call on the resi-
dent engineer; the AttorneyGeneral tou me .t hn ne
empoynon OF seymour was the most Hrosui"i '"is W
knew of l was governed by my advice
recess was here taken. The Commission reassenhpcu
rapm Mr. Thayer resumed the witness chair, anu
was asked what the first deposit IN the 1Ioy Nl9
Bank, under the transfer resolution OF July IL
A. S34 ZOO on July 21 on the 2sth OF July, SlV4'o ;
and on the 3ls Of July $4,000 The fact OF designa-
ing the bank transfer bank authorizes me 10 trans ans
tf. dlrff
unlawfully transferred; now understand thaI @ 1ne
tody of the Commissioners Of the Canal Fund. A., -.
Mr. MagOne-After moneys are deposited In the trans
Ter bank there is no power anywhere except in the Com
mssioners OF the Canal Fund, 10 get 1t QUIT A Iha Is
Mr. Wasone-This is no matter Of yours. You are not
implicated in any violation this law. Now, do you
know any single instance, except TINS cast O o i &
that of the Commissioners OF the Canal tnndi a,
don't know of any now wCmd naye 20 S lofh cT fcTr tb m
Commissioners OF the Canal Fund designate tne trsser
bank then transfer is left TO the treasurer ana Con
troller; know they do make transfers. ...
General informed you that would be wrong for your
brother TO pay for the work at Utlca OUT Oh tae
repair fund. A. / had several conversations VIII
De irregular; he never gave me written opin-
ION the Deputy AttOrney-General never tod me
ii was suggested by the Attorney General that law TO
meet this expense might be passed IL was some tine IN
Ap the Governor thought t could be paid out OF the
ordinary repair fund told the Attorney,General lne
contract had been abandoned by enlson mat our
had been put in charge OF the work by the state ana the
contractoT was after get money for doing the work
nnder Seymour; the AttOrneyGeneral gave 1t as his
opinion that it be irregular to pay for putting the
canal in navgble order alter the abandonment 10y the
coutractor purchased the contractors certificates and
subsequently paid myself IL was only few days after
the abandonment that L purchased the ceruncates;
was aware OF fact that the Governor had pointed out
fhe Willard ohnsOn contract Of the unbalanced
.,, A.,
Mr Magone-Diln't you seek an interview with the
Governor in October last and did MT he ask you VINO ned
the willard johnson certificates, and ddn you refuse
to tell him A. lihaye no reeohecuon OF Ills asknS me
such a question .
MT Magone-Do you recolect saying you would not
buy these certificates without statement IKE th con
have anything TO do with them without sucn statement
statement made never told the Governor lhat
held the certificates,
At this point DepuyAttorney Falrchild came in and
was asked he told Mr. Thsyer that an enabling act
ought be passed TO pay the $4,000 for work at Utica
MI Farchd said he had always thought the better way
was to pay this expense OF the ordinary repair fund
He did recoect any conversation about an enabling
act
Mr. Thayer-I want IL understood that was to furnish
tie Inuney the interest, aud law to reimburse me
was 10 be passed.
Mr. Fairchld-I understood you would pay the money
snd be paid back again. but advised against yOr pay
ing taking interest, that, thought would place
you as officer the state, IN an equVoca position
The examination Of Mr.. Thayer here terminated