Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1883-02-01
The Whereabouts OF the DeiauIter Un-
known-Large Reward to be Of.
fered for His Arrest.
The Tactics OF "Our Marsh" Carried
Dat to the Letter-Fred Wolfe,
Of Railroad Fame,
Said TO Have Seooped ia Most Of the
Cash, Which was Lost on Cot
ton Futures.
The State Well Insured Against Ulti.
mate Loss-Great Excitement
in Montgomery.

Special 70 the Appeal
Treasurer Vincent, according to the legisla-
tive committee, is short about S225, 900.
Tney notified him Monday that they would
examine his books yesterday. Monday night
be left the city. Tuesday, morning his nom
appearance al the capitol was noted, though
it was supposed he was at home. About 8
o'clock his wife delivered 10 his clerk let
ter written by hin, Monday night, say
ing he was going to New York TO get mouey
TO straighten up. When she delivered the
letter she also delivered $4,000, which he
handed her 10 give to the clerk. II Yves the
proceeds o. checks which he collected Mon.
day. The amount Of money left in the
treasury is about $4,000. Last night the
Committee, the governor spd the.sttornsy-
general proceeded TO an investigation Of The
matter. They called be fore them a number
of bank cashiers in The city, and examined
them as 10 the private bank transactions of
Mr. Vincent for the last few years. The fact
was developed that from time to time Mr..
Vincent had bought large amounts OF ex.
change on New York, the drafts being to a
great extent drawn
IN FAVOR OF MR. FRED woLFFE.
At Mr.. Wolffe's bank alone $4,000 Of the
exchange had been bought. From all II e
,cts there is no doubt that nearly the whole
smouut went 10 cover real or supposed losses
in cotton futures, or was loaned TO some one
in New York. This morning early the
matter was abroad, and the whole city was
ia a state Ct intense though suppressed ex-
element. The news fell like a thunder
clap. The public had not even faint
suspicion that anything was wrong. The
and wondering, and gathering in the Hobbies,
1otuudss and Offices TO discuss the situation.
The effect on the political situation was
esgerly discussed, and The verdict was that
Mr. Vincent had turned out heavy load for
Democratic shoulders to carry. Much won
derment was INDUCED in ss TO who is
RESPONSIBLE FOR THE NEGLIGENCE
that allowed this thing to proceed without
detection for so long time. Vincent was a!
one time Gov. Houston's private secretary
and from that position was elected State
treasurer in 1878. He was reelected in
1880, and again in 1882. He took the oath
Of Office on his third term on November ooh
last. He had thus been lime and agar
honored by his people, snd up 10 that day
they had never seen cause 10 repe nj The large
share OF confidence they had given him. HI
was regarded as man of moderate ability
but OF unimpsachabls integrity. His ster
ling honesty was his strong point. He il
about forty years old, of medium hight, hal
full beard, @rather pleasing counlenance
and scar on his forehead mark left there
| by the war, in which lie was brave soldier
For several years Mr.. Vinceu, has lived in q
style of luxury entirely beyond the cspaoit,
of his salsry, and the general opinion hs
been that he had money outside. Ii wa
currently believed in certain circles that hi
money was made by lucky speculations il
futures, but no one seemed TO suspect that h
had used the States money in making hi
''deals' on Change. Only those with whom
his transactions were had knew that he haC
MET WITH HEAVY LOSSES
and covered them promptly. Some month
ago be purchased house Of modest preten
sions in appearance and cost, and it was re
ported that he would pay for it in install
ments. He furnished il handsomely, how
ever, and has spent money freely in the wa,
CT good living. He has kept carriage an'
pair OF horses. 1t seems that 10 his frs
deals in tulures he was fortunate, and thi
gave ground for the belief that he was nc
dependent on his $500 income: but his earl,
succes;es only wbetted his appetite, and h'
went on from bad TO worse, until the an
nouucement of the Examining Committe
sho~ed him that on the next jump he woul
hit bottom, go he left, and nobod
7 knows where he is. In his note to Nj
Crawford he says he will come back an
make his deficit good. Mr.. Vincent has
wife and two children. IT is impossible I
tell in VIII at direction Tresurer Vincent lei
on Monday night. Tie ticket agent dot
not know him, and none Of the conductor
ON Monday nights train recognized him.