New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1877-03-27
THE INTEREST FRAUDS.

A HANDSOME MEDICATION OF CONANT, BIGELow
AND oTHERs-No LARGE FRAUDS ANYWAY.
WASHINGTON, March 26.-The Solicitor of
the Treasury has reported to the Secretary in regard to
the alleged unclaimed interest frauds. He says the
rumors have had no basis whatever, and cOntinues
1t does not appear that either the Treasurer Assist
ant Treasurer have been involved In any 0hclal ee-
gence or that by their doing or negectng 10 no. OF
the Treasury or the creditors OF the Governments 10 any
loss The Treasurer is in fact the party liable f1f any
sstants and clerks and that relation in addition 10 ms
guard for his Official fidelity The chief OF the Loan
Division made, by order OF the Secretary OF tne
h SaSe Sg an soney In these
payments were made by check, ana 10 the party
Trrssny John G BgeIoW late chief Of the Loan
division; Daniel Baker, the present cmei, ana Mln IL.
torneys under this order, ana all payments made uon
vouchers filed by them are believed to be REGULAR NOT
has any thing been disclosed upon which suspicion can
be Justified that these gentlemen have not dschIG ed
their official duties in connection WIN AZ interest," us
bursements with strict integrity and fidelity: .,o
Tue scandaous publications that have connected the
of Mr.. Charles f. Conant as Assistant secretary
and late Acting Secretary Of the treasury Win heSc
irregular payments of the treasury have not tne sigh
est foundation of fact to rest upon That ohcer ma
nothing do with the payments OF unclaimed INTEREST,"
and no knowledge OF them except What mas peeh S.u
in this investigation. There is no evidence ehaDe 70
prudently properly taken to detect ana pdSn
the unlawful practices connected VIII these tesry
cOeCuons though 1t Is fairly 10 DE presumed from "hd
lie has sald DONE omitted that he mas not appioSeu
Of either the agency methods BY which the mVesiGl
ton mas been conducted. g., s,,....
submit that 10 subject public officers whose ndtAty
been tested by years OF upright administrator h
yOuched 10y the confidence OF their sueIloIs auu vi
their fellow citizens 10 the same methods ana Tue sam"
agencies thai applied only to outlaws and ciniias
Is 10 degrade public OIce below the dnDllluh OF hOOr
able men. Even il such agency hnghl Do ellioSt", J.
should be strictly according TO law ana undcf Inc express
direction Of the head OF the department; ana pf sun
ordinate officer undertake or promote an lNeStsa
ton nto the conduct OF his Supporters ana associates uy
such methods will not only destroy the respect ana cor
hdence essential to the discipline or He puDlc seoe
nut will make the cmpOymentS OF the Government
ccntCrs of intrigue whore ambitious ana chNlOus hleh
can undermine and suppaut their Supporters. 800 .
/, is not shown that any information Tor pHuicatpn
has been gwen by the SUPERVISING special agent, nut u
does appear that Nj. TmmOns has been mucn Itss fe
cent ana discreet in Lis communications tnan W3t ad
yantageuus to The public Interests. MGch publicity
necessarily obtained in the proceedings atenalhg Tue
arrest oil and attempts 10 arrest the persons hcdteu
aud The rancOr Oyes OF the Government VINO nae
dismissed the DEPARTMENT FOR lhcHpd'lIE or
misconduct gwen persona! turn aiiu ma '.uils g.
aggcratOn TO reports which lad an hoiGiit an
comparatively innocent basis OF TACT 10 STAND upon
H. Is not EnoWnup 10 the present TINE mat VIE t'c
execution OF $40 imp udcnuy Iad uHi III - o. any
amount has been paid unclaimed interest winch hds
nor been aid bach. viii not Oe paid back as TIC iesl
OF Inc present investigation No loss has resulted ~ e.
result 10 The United States, the Treasurer being HapIc
unou his OH ,ia bond TOR all disbursements MADE 70 per-
sons not authorized to receive the same. several iou
sand dollars appear have been rauducntN pJ!d ou'
hu this be determined without judicial lnNes
CATION.