New-York tribune., 1876-04-24
WASHINGTON.

.,c,r, ,p STORY OF TREASURY FRAUD.
...,,,r,oN OF A ST. LOUIS MAN "Ho VANS
ih- rn,p To wAsHNGToN-DEBT sTATEAhNl'
= 20 NJ rAIsE-T EAsURY LOANS TO FhNV"
ponBrRrEs OF REDEEMED FUNDs-ND
suRprTY OF THE STORY.
Ipy TELEGRAPH TO TIE TRIBUEEl
1u.o,,,,oroN. April 23.-A sensational Assn
,t.d Press dispatch from ST. Louis, prn'eu tore
, states that an old Treasury CLERK 10 ~ n.nort
che Committee on Expenditures in the roosurv
,.ant IN an astounding system OF rsuu NJ " ,.,der nv
According 10 this dispatch this cerh wv ,ho, tba
Sroe now s,apal Sergeant at St. LOUIS ci,'". ,os
n"i'' hoxa been tampered with; tha' c"sn -i"'
u.O. ~ ortod on hand when the OoVerhie"' was
,I,,, borrowing money for current eApeneI'' -
-, yras lent from the Ireas"iF " ~ go
:, hos at n good interest; anu 'n"' '
iOa,," norted Cancelled and destroyed were LOT Nv
,rova but that a large part OF inc reueo"eu pr 49,
divided among ring frenuer i"' - =, Tho
s.,sd AR spinner and Mr.. Boutwell, ana otners VI 'ne
circumstances 80, ~ .noro. IN hove been
,ovived Treasury officials whose attention had Deen
na to Il to-day predict that the investgation VIII
rasplt in nothing except perhaps 10 give soo PoIso
~ dss,re II a free excursion TO Washington. ihose
h have immediate charge of the financial sateme nts
,o ohout 1868 have knowledge OF any such person
- George Prender They do know that there was once
y -, 81 tbo pedemption Bureau named Richardson, who
- A,sebarsed for cause but they say that the story
heb no now reported to have told Is an old one man!
os refuted The assertion that large sums OF moneS
we're formerly taken from the Treasury oy
.astals 10 be used temporarily Ior private
onlaton gentlemen in the Treasury say carries with
a. s own 1eitatiOn. There arc only two regular ways
On which money can be taken from the treasury Inc
At n nv warrant upon an appropriation for purpose
lovsd by the appropriation, and the secohu py war
-ant on account Of an audited and approved ciaui'
nh. borce AGAINST the Redemption Bureau that lm-
rnensa frauds were being perpetrated III 'hS' anu
that fortunes were made by reporting money uesuo!
which WAS actually preserved, and that only u
tbs money turned in for redemption was a0'""i'
a+roved the other half being divided among the PEI pc
traitors OF the fraud has been often made ana, aooe
a., Treasnrv officials II has often been reIuted fe
- nrsteneinq to have such information as TINS nave
haar in Washington within the past ieW WeeAS III eo
,ultation With Democratic members ol Oohsese '"'
failed 10 bring such proofs OF Their statements "
warrant even the moving OF an investigation 0V"
adorable portion of what is called money Oh ponls ~
sroyed a the Treasury Department, consists OF deaceu
heets of fiber paper injured in print ng Every sect OF
bs from the time It leaves the paper mill Is charged 10
,h. Treasury AZ money according to Its nominal Naue
after is printed This fiction is maintained through AL
the accounts when the defaced sheets are na ue
sroyad they are credited TO the Treasury as 10 mnca
money Treasury officials say that the checks are 30
numerous upon the destruction of money securities ana
psper that fraud Of any sort seems practically Lpos-
sble Mr. Boutwell, said to-day that he did not Know
Prender nor Fox-another man named in the despatch
and he is positive that what is charged as having
occurred between either of the men named and himself
is an absolute brieston. He says however that there
werc always chs ges made about the loss OF bonds the
over sue &C. but be did not know Of any such frauds
There was once. said great deal OF commoton IN
the ID partment about the disappearance OF large
amount money In bonds, owing TO report That some
clerks in the Department with assistance from tine out
aide had succeeded in carrying off great number An
Investigation followed and the bonds were found AS TO
the payment Of interest oD duplicate bonds he says IL is
impossible for tlere place for every coupon, and as
fast 81 they are paid they sent to the Registers office
and pasted book epared for the purpose In this
way the payment duplicate coupons could not fall OF
detection at once He not heard that any were ever