New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1879-07-15
ADEFAULTING CITY TREASURER.
JAMES G. GOLDSMITH. OF PERU, INDIANA, Al
RESTED IN THIS CITY.

JAMES G. GOLDSMITH. OF PERU, INDIANA, AR
RESTED IN THIS CITY.
Detectives Shelly and Woods OF Police Head
ouarters spent several hours yesterday morning in
pacing back and forth on Broadway near the Re
we're House. at Houston-st. They had inquired at
the hotel if n man named James G. Goldsmith had
registered there and had received negative reply.
About o'clock Detective Shelly noticed a slender
man, with stopped shoulders, and dark brown hair
and moustachc, enter cigar store. The officers at
once began to make n comparison of the strangers
appearance with photograph which they carried
The result of the comparison was that one OF the
officers stepped into the store and said biandly'
Good morning. Mr. Goldsmith" The man looked
surprised. and asked the detective where he
had met him. He was told that he
was wanted at Police Headquarters, and was
taken there az once. In the presence of Captain
Keay be admitted that be was James Il. Goldslnlth'
the city treasurer Of Peru lndi ana, who had 9een
charged with being a deiaulter, ana Tor Whose
arrest the sum of $500 had been offered. lie cX-
pressed desire 10 go back 10 his home IN Indiana
at once: and. IN order to avoid publicity as faraS
possible, he waved his night 10 be taken TO ponce
count. Last evening he started for Indiana III COM
pany with Detective Shelly, taking the $50 D. IN.
train over The New York Central Railroad. lie de-
ciined 20 talk with the police or with reporters
about his alleged defalcatlOn.
The circumstances which led to his arrest were
learned 10 bo as follows Alexander buckingham
n e 20.
some business for Goldsmith. were surprised last
Wednesday at receiving the following dispatch:
PERU, Ind, July o.
ALEXANDER FROTHGNGHAN & CO., No. u W0ltst:
Make 30 investments OF James G. Godsnith's money;
He was CITY Treasurer, aud left "a Geauitcr. HOld
"'o"''' "''' "'''' W. B. RErBuRy, CITY Mayor
The next morning Goldsmith called at No. II
Wall-St He seemed nervous and did not ask To
transact any business, lie renamed only sh .n
time. and on going away said he was staying at the
Revere House and would visit Nall-st. again. soon
after he left the Office, letter from Mayor ReYburn
was received. Ii gave no information about Gold
~ alleged fraudulent transactions but it re-
duested that Goldsmith should be arrested II seen,
and that the bankers should furnish an account of
was dispatched TO Mayor Rcyburn before noon:
Your telegram received last evening. man
morning aud left saving he was at the Revere House,
and said he would probably remain week 50. We
ALEXANDER ROCKINGHAM & Co
On receiving this information Mayor Reyburn tel
cgraphed TO superintendent Nalling to have Gold
smith arrested, and also sent letter containing q
photograph The letter also said that $500 would
be paid for Goldsmitl's capture. The police were
nor Informed rs II the amount OF GOldsmlths detal-
cation
AT the office of Alexander rockingham & Co.
reporter was shown yesterday COPY OF lettf
which had been written TO Mayor ReyDurn, con-
tanning the following statement:
James G. Goldsmith has in hands 1866 20 as mar
gin one hundlc ed shares Of Eric common stock,
and % for preferred ana If closed out al these
figures we would hdve after deductng commission and
interest TO date, $1,O71 81 Thus you will see that
these investments show profit at the present time
We did not know Mr.. Goldsmith personally, our busi-
ness with him having been conducted entirely by CORE
spondence. We had no knowledge of bis holding any
official position. Ills operations through us had been
small and generally successful
A member of the firm said that they had no other
information to give about Mr.. Goldsmith. He had
spoken to them about short stay Chicago on his
way this city. They did not believe he had lost
much money by specuatiOns III Wall-st., but were
inclined TO believe rather that he had lOsJ his
money by buying grain IN Chicago. They had no
idea as to the amount of money which he Is accused
of Incorporating.