Clearfield Republican. [volume] (Clearfield, Pa.) 1851-1937, 1879-07-23
THE GLOVER REPORT.

There has just been published q syn.
opsls of the report of OK Congressman
Glover upon the testimony taken by
the committee of the investigation Of
which he was chairman. Among the
many serious charges which the report
makes against the management of the
treasury, the most important one is
that grecnbacks were fraudulcntly
printed and issued during the several
Presidential campaigns Of 1868, 1872
and 1876. Alter each Of these cam.
paigns the announcement came from
the Treasury that large amounts of
counterfeit legal tender notes were
afloat In 1869 the whole issue of
legal tenders was withdrawn and re-
placed, on the ground that they had
been largely and skilfully counterfeit
ed. In 1874 the whole issue of $500
greenbacks-about $50, 0,000-was with
drawn and replaced in the same way.
In 1877 a counterfeit $1,000 note was
announced. One OF the Oldest engrav-
ers in the country testifes that when
note is so like the original that it
cannot easily. bo detected-as these
and other "counterfeits" are said by
Treasury officials to belt cannot real.
ly be counterfeit, but must be a gen.
uinc note surreptitiously printed from
genuine plates, or from secret repro.
ductions Of these plates. The $500
counterfeit" greenback of 1873 was
inspected by the experts and compar-
cd with genuine note for the Glover
committee, and these expert engravers
sworo beyond all doubt that the note
came from genuine plate or from a
surreptitious reproduction of one. The
bureau workman who transferred the
plate from the bed piece agreed with
this. According to the report brief
inspection Of the Treasurcr's books
revealed the fact that sl9,0Q0,000 Of
notes were at one time secretly ahoat
for several months, the Treasury state
ments being false during that time to
that extent; and the fact Of that secret
remained unknown till lighted on by
the Glover committee. The books
were falsifed and balance forced to
conceal this secret issue by utterly
stating that sl90O0000 had been de-
posted as temporary loan, when no
such deposit took place. In nearly the
whole Of the fiscal year OF 1866 the
Treasurcr's books showthat the amount
Of compound interest notes outstand.
ing was from $4,000, 900 to s44, 900, 900
more than the public debt statement
showed. One month IL was s27 ,000,.
900 less. Three different statements
of the sum outstanding June 30, 1865,
were published, differing by millions,
and none Of the thrcc were true.
The Republican press havo endeav.
ored to make light of Mr.. Glover's ef
forts TO unearth these rascaltes OF the
Treasury management, knowing that
the facts concerning them have been
ingeniously concealed. But sufficient
has been discovered by the patient and
persistent inquiry of the much dccried
| lh'ee'b"eoi w ioIuho ouoncthinR uoIe
than mere denial Of the charges pre-.
fcrred in this report. The fact has
been established quite clearly that the
greepbacks denounced from the Treas.
ury as the countcrieiters, were printed
either from tho original plates or from
plates reproduced from the originals.
This could not have been accomplish.
cd without the privicy Of the officials
In charge Of the plates. 1t is of course
| not to bc expected that 30 long. as o
Republican administration guards the
secrets Of tho Treasury tho dark do.
ings which Mr.. Glover has merely
traced will be fully exposed. For this
very reason the people will demand o
change Of rulers in 1ssO.--Patriot.