The sun. [volume] (New York [N.Y.]) 1833-1916, 1877-02-20
STEALING BY TIE MILLIONS.
ST.fRULTyG RETELfTTONS FROM THE
UNITED STATES TRE.fSURY.
Currency and Bonds Ordered for Destruction
thnt were Never Destroyed-w Whence the
Lavish Expenditure of Money for Hayes


WASHINGTON, Feb 1o.-It Is claimed that
| startling developments have been made by the
Real Estate Pool Committee in regard to
| Treasury irregularities. These developments.
1t Is said. will astound the country. and II the
| testimony thus far taken is corroboratcd II GER
| tainly will cause sensation. The story is as
| follows: Mr. Glover, Chairman OF the Real Es
| tate Pool Committee. in tho course OF his in
| quirics into the connection OF jay Cooke x Co.
| with the Real Estate Pool. had facts brought to
his attention last session tending TO prove that
that firm was indebted to the Govern
mont in very large sum. and that
somc of its transactions with tho Treasury
| Department were OF an anomalous character
that could hardly be called honest From
George Prcndcr and George Sellers formerly
OF the Trcasurors oilcc, whom tho committee
examined last session with closed doors. 1t was
| asrcr,ained that the notorious William $. Hlnt-
| ington cashier OF jay Cookies broken First
National Bank of Washington. who died n
dciaulier to this bank in "A largo amount
| repeatedly borrowed tho Rrcenbacks out Of
| the Treasury vaults. Tho testimony OF Prom
der. taken with that Of Spinner. indicates that
he thus had millions mt a time The operations
ofthc House were then further inquired inio with
most startling results. Despite the care used to
cover up all sorts OF ncinrious transactions by
the Treasury and by tho Cookies. Mr.. Glover
and his committee have secured proof Of the
improper connection referred to.
In 1s65 q COMMITTEES, called tho Statistical
Committee was appointed by Secretary MrCul-
loch to count for destruction notes and bonds
viii IA had bccn prepared for Issue, and which,
because Of the close Of the war or Othor reasons.
| ii had been determined not to use. Tho opera
tlon- Of this committee w"re. and nav. been
cGnin'iod with the utmost secrecy. ne arkpowli
| edgemcnt "ven Of its "Nistence heing iomni
IN any regular report from the Treasury The
delayed the committee in its, operations. hut
iimony ing' S Of MatGew Kehsrdson. for5"1s Of c
adgnirron % G'q acSd %po as sn's6 cRa1man 'ST SsTni
recorjrr Of this Statistical commltter.'
Mr. Richardson resigned IA comfortable
to work nt his trad, because he dis.
and overissue were not carried out IN practice;
made that over $500. O.OOO.OOO Of notes and
bonds Ind been delivered for destruction
mrv rn,,iletinns reoiiiral th"ir can ,.,lati"n:
that they had pnsscd unrancollcd into the hands
OF the commitiec ostensibly for destruction, Of
which committee lfunti9gten, Jay Cooke.
by turns land sometimes two togoth-
crl members. the other members being
an old citizen named Davis, too far
advanced in years 10 be useful. and treasury
employees who would have lost their places
one connetri with JAY Cooke x CO.. and be-
cause all his Efforts Ia pro .ure an Investigation
10y VI ullN IA kMAN II iilF lftlNNlN 10 l. lllD
parnersi!i !ip with Cooked and spinner failed;
Richardson. who WIS examined to-day. said IL
wSs nes and bonds hSd @ been w sr"yed SS mnd how m
mnch had been put n cirrdlation ;h Nolgs and
bureau 70 tho division for destroying currency.
This avoided cutting the notes in half as the
regulations require. once in tho secrctary's
duccd and Incorporated in his testimony copy
Of spnrSqsS certca,s an ana p59 mGmprsnjs I'm
NJ. r9lnrst hy frender; N ls1o, showing
mat Jones had rS..lptcSdh th,rrrson nn
plSslnG ,l'sr 'n'%ks mat J3ir- E ann "!i-1h
EEony,s Vph,rur.','',, Ia naH,"S uo ,7 in,7
rSeeipted f@r sil3g62o %orTe; idat Jones %li1i
H. U h"2, S'l fb "i r . .3e ooo o6 M NJ
n uil I @ ,,l'i MN, i,t t,
& % i. 4" - ; 1 nv IA nnt ",,' tnn
n", nes .s - ~ ~ ,,', ~, ~ ny N"'M' ~"
"i fr das,rn.,i,,n ,n. Wnissu.I nve-tw,nti"s
mud ,ist n" tbnn 9nnnosed that tbev Ind h"rn
ar.-,foyet; nnt the ast thtee reports OF me
M s5s1 un1 " ~ ( On ~ th rI7,
i..mn lnye La.n dN.froysd for wbi"h n"
!. unahlr tn me.nutt ne nlso nroIu."d
,'a1 NJ lis r,,c- iy Tr"1l.r anu''
iny that He arr"iint. nf unis.urd fra,ii"nel
rnrrnr..y iiv tho Tr"neurer fnr inetru,tinn dis,
o.r,.I ,yi,h thn tcstru,ion h,Nis pnn, ,inl,r
f,nn., rontr,i ma thtt mnis.,i.J I'M tinrnl
',nr,,.,, - j'a~pr',' ~ ti,,, h,i L''., Laii,',ii,
c,inrcI on ibt r.gi-t.r of l..,i,s in tbn ,.n.8
division. II" sros'e very llgh'ly Of spin
~ ,', ,i'A T., , ~ ii,,,.,,, Us W " i
h"r.'hoe M ,h4sli' M nm ID ulsa,HS. uuI hlAu
ul", , ~" ""r IIrt om i,. W ~ "a ,i,, & H.
n ant n ,or "r nn namirv an no ,b
n "mn ,, ~, ,t ~, .,,ss u" n,i,,.,ya1 rfrrJ
sup!rN nn ~I4"ul sHro,Ss, - bb"IyWsn s r'irIfr9
H. i ~ ~ olse certianaic" iv, NJ
uu''.h,i.i.N',, dn,o,'i.I no r.tu,n - iVs
~ ro,',..i H., rn,n, ~, NJ ,ir' IL IL
mr & ~ Ssinlr I'm s-5 ~ XIV intnnion =" ,ris
H. M.,,il, ~ H. 90 al 1911 ',,9 ',n a. T., ~ .iS9 M
nnd .n@ " "han, ,nl ,nl pntwnl ottetipn % it ~
,h -, VA M, l,',,r tnnL tha c,,,t
w." ny IN r''I ,n.ss cn,,ro @ J"uu' n
miseo5 IL in his own otilce ani when
sP,nner h9,nV'e Jon'7 on ,o lor os7lri%r n T
9l ri, lr,hsul'r oZi,t' Z on Nv lhnt,vn n M VI
f. "in1l,i,n, Dgu,W~,l Igius'v ,, r"n,rm M
Nm r,nn7 Nliluhip rthirSs,nk s ,Hn run a W ui
MI h.h9ruToh Sl"l'in'hls, spinner aga n
m2m,n',ri IonTrs Iyr SIsivrh hon IN TO n
ll"r OF y, u }nnn' Mnch l.' iht
YER WIS MAZE Ns1l1,"ht ir,As I, .iL't' nu'
'nh'- 7rrIululpil ma n,,Vh' nV & Su,n t''n H. I~'ls ~
tow too, refused ~ r"tnrn MN. hli in -nup
lfslfneH anl wen, in'I ,ot .9s'rs ,ry M I'll
pr, hi'huiusvh say lN"t Il lInn',tlS n, ~ n.l,i,lN.
toli lum lht me s,rl 7,IN%iy" w. l'ii i'nIn'u WY
n",',.s ' hi XXI Am 'loo'oo'' """o ms s"'"i' VI"
ho h,S tlsn s nrSonrlb a~nS nl n
lHllon from lhourahh- "l paE,'s Nl olh'lhi nocu