New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1881-12-22

erty decided to Mr. Palmer and others IN hsn
agent, has obtained 100 plots Of iand & rom tLa
knowledge received from city officers. i MAKE tne
assertion that Hall your CLERK was pay 9ot 70 alone
in his embezzlement, and can prove IT. - ,,+u,o.+
This assertion was received with the utmos,
amazement by. the members present fiiad nnd
the the officer Gfesr Mayon GrS%o'' FedleT then related
account of his visit to the jail and his 1are ~
see Palmer but he had learned from ms eo,S,s b,s
that Palmer was unable to make statement III n's
present condition, but had already admltMtea M t .n
he had forged the of at least SIX OF sne
prominent men in Newark ne had dissTpg aSo how
the embezzlements were made, The mayor sau inI
also that he was satisfied from the q, IN
formation, he had received that poImsT 1nero
SSG Sth h0r9 he in surendefeG e0eSn himself BY
suggestion of mis- counsel and his family Inc teLIi @
BILE condition of the books and the fact that tley
were being examined 50 preyeed upon his nihu 'ha'
he was about to commit suicide - ,,oa
Treasurer Winans was asked if ne eyer loanedd d
money from the City Treasury to Mr. Painc thnt
to the surprise of all present he admitted Una.
he had done so half a dozen m tiines
once to the -, amount OF S3,uOo; S.o,to hs hs
this was done the anticipation OF warrants ne
thought it a legitimate proceeding. WIS., us FosIeI
and other loans for private use. When askeu e
if he it M rgR WDtOs to use sd fhS sneeTHg
guess it has always been from time imme r. Il
Mr. Winans was asked if the money had all Deen
Have YOU the checks;" said Alderman OCon-
nor IF so bring them here; l want TO see the
brokers' Endorsement"
The check book was produced, and from the stuos
left in the book many checks werehQund TO nave I'VE
been drawn not only in Palmer name but also ~ ms
handwriting. BY comparing the checks Wnlch nay
been torn from the book with the STUBS lett III IL
another curious fact was discovered. Many or the
checks were made payable to one person, ana tnS
name recorded on the stub was that OF
anotbcr nersop, The treasurer promised TO explain
all tins seeming discrepancy IN thc norilint'
but he could not do last night. In the examination
of the books and checks heated discussion arose as
to whether a person not q member OF the nance
Committc' had right to handle the checks. Al
derman Theburth, the chairman OF the comnltlee,
assured the aggrievcd persons that no one IN TINS
room can do more harm than has already been
dOnc.n Further examinations showed mat nearly
$50 600 had been drawn by order of the rea Srer on
three of the Newark banks and III Pamcrs name,
and much of it by checks signed by faner iinSeil'
The Mayor looking over the Teufsr sig1oS DOB" by
Treasurer Wnans and left in blank form lor hl'
clerk to fill out. c.
"Is that not placing great deal of confidence IN
your head clerkf' asked the Mayor.
None too much if you have reliable clerk IN
whom you can place perfect confidence" was the
answer. 80 -. J,
called attention TO the constantly increasing amount
of delinquent personal taxes and suggested hat an
investigation would be aided by the puhlcation non
of the names. A resolution was adopted llat
the expert proceed with the examination OF the
CITY Treasurcr's books to-day. 1t was resolved
also that F; B. Allen: whose name Gf PpR@lr PPPR9a['
be requested to appear before the committee at ITS
next meeting Allen is lawyer and has 6een i9r I3
long tlme in confidential relations with City ttai
officials from whom he Is said 10 have obtalncd
private information enabling hun TO make pIohtaDle
| transactions in WoodSide bonds.
MR. PALMER's sPECULATONs.
II was stated last night that Mr. Palmer had dealt
in Wall Street with the firm of A. W. Dimock& Co.,
stock brokers' of this city, through j. +. Howland
of Newark. Last evening a TRIBUNE reporter
called on Mr.. Howland at his home i'll Newark and
asked him the extent Of Mr. Palncrs speculations.
"Mr. Palmer never invested one dollar through
me nor through our firm" said Mr.. Rowland, "but
I know that lie has been spcculating
in Wall Street. l know 1t in this way
| Last fall he was out of town, and before
leaving the city requested me TO open his elcgrarns
| and, if important, TO forward them to hum. dld
| SO and through them found out he was dealing
| extensively in stocks with the firm OF Sterrctt N
| Colbron stock -bTokers of No. II Newest, Now
| York do not know now much money he had in
vested but know that he has been losing right
| along for several weeks -
what do you think Of Mr.. Palmers confession y
'T %What AT do think Why know that there IS not
a word of truth in it. Pred is crazy drunk and has
written something that has not the slightest atom
| W uld as soon believe that my own brother had
| forged a note as to think that Fred
Palmer had been gnity of such a thing.
| WHY, il is prepOstcTOus to think OF
such thing for the simple reason that he did not
handle cent of money for the five years he was in
the Auditors office lie only signed the bills, and
| had nothing to do with the money"
| "Were you and Mr. Palmer personal friends r
| Yes bosom friends. We were both members of
the Essex Club, accustomed to have our little
| dinners at DcIinonco's, and yet we kept our bus-
meas transactions separate. ! never allow friend
| of mine TO buy stock in my office. want to deal
| with strangers, and let every thing be done on
| strictly business principles
"How was Mr.. Palmer regarded by business
| men heTeT
"As an excellent buslnc So man. He is the only man
| in the CITY Hall who knows nything aDou; book
| keeping He opened the books for the present Con-
| troer and for the Treasurer. a few of us had a
plan all arranged only for this unfortunate occur
ance to-day, by which Palmer would have b On the
| Controller after next week"
| ''To what do YOU attribute Mr.. Palmer's action r
| at is all owing to Mayor Fielder. He is gong
ont of office very soon and is trying TO do some hing
wonderful and has harrassed poor Palmer until he
| has taken this foolish step"
| THE SPRdGUE CREDITORS.