, 1876-05-20

over by II. b. Conke ard controlled
by A.. r. Shepherd. Some cxchequer innst be
worthless Auditors certificates Of the District,
or the contracts m,1et fall and the spccu1at0ns
Of the pool, and Of Shepherd and his friends, In
out-of.t hc.wny aid unimprorcd town lots, come
to grief.
THE ACTUAL PROOF
Of improper conduct on the part Of t1ic Officers
and agents Of the Bank Is shown In the tcssi:.
mony ii the Washington Caba1, combating OF
tns rsdSn ot do.i i '9k D. L. EstG n M r.
nance Committee; William g. Huntington, the
hcnc1.man Of Cooke, an,i Of The lan1e Commit
fco; o. Q. Howard, Honorary Trustee ian Office
and position unknown to the eharter) Lcwis Clc~
pbanc, of the Finance Committee, and d few moro
enough % constitute a quorum, ,--nfnc, c,-nnd
majority Of that, fire, held high cnrrAyals ovcr
the frcedmen's llard-eaTnca and ewcat-sta!ned
earnings, which In an evil hour they had been
ing and profitable Investment. The freedmen
were nwini!led out Of their money for tho bcnc-
fit Of strangers, while the cAnt!ng hypocritcs,
who had aeceivch them ,rn'lcr Erctlo!ss pro
unloubtc.lly, directly Or indirectly, siare,l IN
The plumber 60 unwhlppcd of justice Proof
ACTUAL PnAup ATD DISHONESTY
Is net wanting In the folowi1g ,tanees; j.
crnmcnt, ~ a sort Of rrofegt and favoritt con-
tractor for tho grand public tnprove1ncnttt
planncd, and put in execution by tile Board Of
Public Works.
Vandcnburg borrowed money from tho bank
wcrc not worth four cents bnshel rs ea1ablc
securities or a. evidence Of debt. The ActuaFy
of the bank himself, then D. l.. Eaton, was
ss'SS S II isfsPt ssss e Es1 51o eontraet vafn oi
scwer-pipes. Eaton put In no money Of hih own,
Incurred no Risks or responsibility. and had no
trouble about il exccptto sign tie receipts for
bis 'sllarc. o{ tho profits; but he ussd the n
paper at the bank counter, and the money
THUS obtained was used to carry ont
tue contract In which be was interested
ss beneficiary; This may not be stenl, out
the exhibit made by the books Of TINT conccIut
$t44, ,1G4, which, however, he disputes, on the
ground that some $4,000 or fD,0 OF bis
securities have been disposed Of antl no credit
given them, the rest being hardly worth con-
tett about.
The freedmen dcpos!tors hare the consolation
that tfcy have been aceced by the irrcgulnrtty,
to use polite and eKcnlpatory phrase employed
by the present Comsniss1oncrs when compelled
to nlude to the tascalittcs Of their predecessors
| in the management and control Of the affairs
| Of the bank but the Commission say the VAN
denbu rg. Eaton lrrcgu)arlty is small In actual
crt1nina1ity compared with
| T1IE SENECA sANDsroNE BW1NpIE.
This bubble vas a faucy~stock gamble, EDt up
| by II. D. Cooke, John L. Kidwcll, and Il. II.
Dodge BY which So, GOO Of the fres,men's
good money wcro drawn out on worthless ae-
c.lritics. Every quo Of tho aussiyors, in this
gross fraud and conspiracy, namGly, Henry D;
| Cooke, Lewis Clats1,ane, 1lallet khbouEn, and
j. o. Evans, should be Indicted, tried, and pun
islscd to the extent Of the 1aw, while those
| who orc pccunlarily responsible should bt
sued for the recovery Of tic money Of good &C.
curitfcs, consisting III part Of $50 900 first tnort
gage bonds Of the Maryland Frec-S.one Mining
md Manufacturing Company, Of which the bank
VIVA robbed BY the causplrators.
George ". Bttckncy, tho Assistant Actuary
nnd, after Eaton, Actuary Of tho bank, Is shown
but tho principal nctor In others, Of which 4
| fraudulent conversion Of funds to private uke Is
orc, and for which ho merits aud should rc.
| ceiye punishment.
Add to this steal pcrpctratcd on the bank BY
the officers and others through tho conniyance
Of It's officers, the act OF forgery, as III the case
Of tho Boston teller Of the Washtngton branch
and the way the frccdmenfs money went Is not
difficult Of c0mprcocneion.
The report was signed by Douglass, Chnis
nm; Braafosd, Btcnges, Riddle, Hooker, ans
Raincy.
| III. Frost ng.eed on all tho ninin points, bu
dissented from souc of the argument.