The herald., 1895-01-11
SOUTH DAROIls MISSING GOLD
Treasurer Taylor Sends Some
of 1t Back.
1t Is Clhed the State Will Not
Lose a Cent.
Estate OF tue Emb ,zz,er In the Hands
of Ht ondsmsn and Full Res
sltlon WIN Bs Made.

BY The HEHxlD's Leased Whe.
Chicago. Jan. 10.-W. 1, McMasters,
secretary7of the Western Homestead and
Irrigation company, with offices in this
city, said today that he had seem Will
liam Waiter Taylor, the missing treas.
urer of South Dakota, when Mr.. Taylor
was in Chicago, January 1. GAL that
time" said Mr.. MoMasters, che turned
all of his assets over to his bondsmen.
I am sure be will be more than able to
meet the deficiency left in the state
treasury. He has assets for double the
amount required, but on account of the
shrinkags in values will not be able to
realize on them at once. The state will
not lose 3 dollar.
NO MONEY WITH HIM.
II am sure Mr.. Taylor has none Of the
money with him and for that matter
that he got none OF it originally. Ger
tain persons. whose names do mot care
to mention, received most OF the money.
Il have been aware OF the state Of
Mr.. Taylor's affairs for four weeks.
When | left Rsd6sld In 1890 resigned
the position OF cashier in the Fret Ma
tional bank Of Redfisld, OF which Mr..
Taylor WAS president. We were closely
associated in business affairs and from
the fact that we were warm friends he
wrote to me concerning the state of az
fairs before he left Pisrre.
DID NOT SPECULATE.
"Mr. Taylor called at my Office during
the last two weeks and think he called
again when was not there. In the
last three months Mr.. Taylor had made
strenuous efforts to realize on assets
consisting OF real estate and first mort
cages to the amount Of nearly $500. 900.
These assets have been turned over to
his bondsmen and the state will not
lose a cent.
"Mr. Taylor has never specialized ex-
cepting in q legitimate manner. The
shortage amounts to upwards OF $500, 900,
| 500, 900 OF which can be traced to
failures OF the Chemical national bank
Of this city and other banks in which he
hsd deposited state funds.
II do not know where Mr.. Taylor is
now and do not know how long he
remained in Chicago. Ho is not fer
away and the only reason he left Pierre
was to give his bondsmen an opportun-
ity to realize ON his assets and arrange
matters."
PIERRE. s. D.. Jan. 10.-Dsputy Treas.
urer Burlington today received from
New York a letter written by the miss
ing state treasurer, Taylor, dated jan
uary 9th, enclosing certificates Of de-
posit in different state banks to the
amount OF 5000. Thore was no expla-
nation ETE
The house and senate this afternoon
passed a Joint resolution offering $1,000
for the arrest and delivery OF the de-
faulting treasurer, w. w. Taylor. He
is about [. fest g. inches in height; 200
| pounds weight; has brown hair; small
moustasche, blue or ger eyes, ford
| plexion. III. 7sSs sf f,sS.7s
BoNDsMEN SUED. III ass,
ST. PAUL. Mimi, Jan. 10.--A special
from Pierre, s. D.. says: The attorney
euer al has brpughs SUIT on the bond Of
Treasure rsTxyIprs sft III undefstoed the
bond wifIAbe centosteds y Ex Governor
Mellett, who Justified for $50,O0O. wires
that be will be here and will straighten
the shortage. AZ his property, how
ever, ia only 10 per cent OF the defalca.
ton. the state officials do not place
much reliance on it. Il 10 believed Tay :
lor 10 In hiding in the east. 1t is known
that he had when he left here $3.50 COO
in cash, and he could have drawn in
New York 100000.
HAD CoNFEDERATEs,
1t ia believed that he has certain con-
federates who are aiding him in his
proceedings. A strong attempt 10 being
made here to throw doubt on the valid
ity of the bonds. and it is suspected
that the plan is to force the state into a
compromise with the bondsmen for a
moderate Hu m, anil then when q settle-
ment is completed and Taylor is prom
iced i'm immunity. he will make good the
losses OF his bondsmen.
All sorts o. rumors have been act
afoat here by lay lor's friends to prevent
a rigid prosecution. 1t ia said that the
shortage wac due to the lberality with
which hs supported various banks dur
ing the panic and received notes on
which he had realizsd nothing. The
etate officials are making strenuous
efforts to raise sufficient cash to Keep
the various state Institutions running.
and persmptory call for taxes is ex-
pected TO produce enough to tide over
. he al To-, -;