, 1877-03-19
CONANT.
THE CHANCES A0AJHsT itfM.


Special n*patea TO 7as 7fioaHe'
WASHINGTON. y: ", alafeh !o'-As 10 tnc
accusations pubElshcd TINS morning charging
criminal acts TO Ase,stant-seeicta1y tohant,
can only 10 saiu to'n1s.t 'hat tao pesaone
'haRlne Inc at''da''ta 'nalst upon t1c!F tsuta'Y
hcsb ~ every lespect, aha upou the4' ao"t5 "
secretary Conahts asIcnao 'ay u,a! tao n'an"cE
III WHICH thcse stofics aro cafcn1"tcu, anu elo
sources from wlhen tney arc supposed 70 naso
enaanatet'' lchu color 70 1ne tneoly tna' .no
wnolc movement. 10 = eunspaney asns, ,.',,.t n."t
ffiehus OF several oi 1'so osAsh'o m'i'ssaseo
acny that theS WIN 10 ioona , 70 na8o lug IT,
motest conneet'oa VII" anything '1'psopcf
Which has been discovered.
NATURE or TIE AcousATtoHs.
Tho peculiar kind Of fraud now suspected
may 10 briefly dcscribed ~ follows: In COM
putting tho interest due OH tho United States
bonds IT. Is necessarily important that tho books
shall a BE- fo,fa at sSs atsa ne. ses the 70
always close them Thirty days prior to
tic dato when lntesest Is DUO, anu
no transfer OF bontls can bo registered during
n ,,crtod Of thirty days. A party, therefore,
,,,,,,1 hnn1. ,si,b,r .rch rcrto,1' f. ,,nah1c tn
su1. T.. ooaa. ,..."d M ,'asi. ."n;..a.a'a IN ~.
havo tno pa.cnassa poaoe aee'1.esea ..,xas ~ n,S
md, as interest Is only computed from tho Gate
of rnoi.trntton of tho transfer. thu accrued tn-
.t1: $1,000 n,a I tx -, .+,,t.,, -. h,,,,.
eu i'm 0 nj IN thc namc f
tho purchasing party ID properly duo 10 tho
selling marty.
" ss,,n os"e,'.,,, r,r,,v, ronor7s mn "a roxo.
nsKr
OF tho fact, doubsicss thinking Ito tas got all
the Interest duo Him at tho tla.o Of the selling.
Ar>or,,nr Ia Inv nil unnasfl fntercst IL covered
Into tho Treasury at the end Of ninety days. and
remains on tho books as laapll'ty 10 oe pau
Whenever demanded by tho party to whom 1t Is
due. Some time ago It was suspected TINT somo
Of tho employees Of tho Department wcrc
olslaa IMPORTATION VI 3''n lNt1"loi a4'o6
which enabled outsiders to enter claims, An
yIco ttetoctiycs rcstcd tho susptciou prctty con-
eia,tyeiy ,,non ono Dourlus.:t q clerk In tho
G,''s.ssy NV" u,u .nn "o.s, .nnna.x ~ ,ara
nrpaFtmcnt, ,,,,,.in mno sRReaFs Hav M Tas,, vase
atto5ney, n,, a. soon ,, tr,,sid;v - Ut IT, Mas
olseoseteu uunfss ~. a man w. s.Ta.yt nns
!aissed from tue nepstteat ny Assstant , , ses
fetaty Tonant W. fa,,nitv nn tn1r s nSa
tutlng legal proseea'ngs aganst poaglass, ;, but
was aes!aca ny tMe uenaet4mS 1uetata eau. sa
turn tlin matter 2sef 10 taH .;ne
mr Wna.saes nss'u ~ % ~ IT, !rer
IheTo bcg @ sotme aucstlnn as & 70 ,nc aaw ,,- W.T..
fas'nig any ssc!. RsoSSfan9s, uoafass ayIs 1ss
ohly iHflllsiea lalosnlat!on .u onts1css m.scs''
sn rtsn ,ras )" ,nt en,ic4e fu az wholy eIinr
under any statutory law, Assistant Secretary
Conamt @ ,,,,.s, ,,.rrx+~, ,,o., ,.oc,rn.
DID NOT HiaskLf INSTITUTE LEoAL FHoe7ao'
...,r.. n.,.,.. r,s Isoa .so,n, T., nor, ,,oc, nm
,, M s,i, sana :" ~
tslo siss.ai Agency eetsno ~ sns h. ~ y, ~
partMont wsro ig.a 70 @ shshsct M inat he niaassh
aa SGlae enniiesta WILL 'n! .'t auSsS.asy nnus-
na,, III tahM,s cna'Ho " ~. tscasosy. y.a.. a.'t y
expected III q iew uays. "nn !at % tne c1an!lna'
tlofa naa pttccenc.a' oeeIetasy ahetnns, - ~.
ported to nasc eall' nv caalEes Wnatovos nase
any otlsials Wl'o took lart n tl's previous R !n.
vcsttHat!on With thc VaeW FULLY to expose tho
frauds" a.,.,n.u,,
TIE CHANGES AnA'KsT q M coaaSE.
element over tho discovery o. inc allcseu
frauds upon the treasury IN l!!o payment OF 1l'
tcrcst on Registered bo!uls. r!'e rlan g q pro
eecaIuF sccns to l,ayo been ths: Iho Treasury
Department Wonll purchase quantity 81 regis-
tered bonds Oh tile market and place thcM ltl
the Treasury Department. They thcn belonged
tottte Government. Assstant-lreas ChaEles
7: Cotant, Daniel baker, ana Mr., nsolow'
and formed ring to profit by them. They took
tho humber Ut tho boads and tho names in
which they weEo Registered, aud furnished thcao
tu q New York spcculator named William Howe,
WHO prepared bugus powers Of attorney nnd
collected tho accrued Interest ftDin thu ucnaEt-
nlclit, after sharing It with Conant, BlGrlow,
aud naker,
1ast crrni,tp. Tin lattrr urnYctl having given
| the Information to Howe, but did not Iaiy that
th9 interest !aa oeeii paw ~ al'eeeu. .,,,.,,
sthco tae i!eat pisbAeatlon " t1a c49tee, Mnea.
tl!a a0t nentlon hiA atno ~ ~! hlf' Lonaut na1
tEGn tIknlCH With EllyE 0l1 ufInk BDQu+ tl44
Department In great fever Of indignation
us.ainat what he clal'ns u a talse and malicious
Th"1e ~ n,,"Etng ~, sroS1io1 ~ oiscrvcn ois"
mining - sovesni = har u .te"ts ~ thn
nns ws.v rcma,o I'm. IT. rnnant IL nn.inn
~ ts.s tue run ~; Ioahs ~ pgsa. ~,
= tnost shocking stGry OF si'ans a'iu dissipation
u to!u ny one WHO claims 70 nave bccn VI inta-
| mate perso!al relations with Commit, aud u