New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-01-12
4 LOOTED STATE TREASURY.
rAYLon.s rHrrrs IN SOUTH DAKOTA
OTHER OFFICIALS IMPLICATED ~ rIiE nEFNLcA.
rIoN or THE STATE rREAsrHER IN
GOVERNOR MEIIETTE : RELATIONS

GOVERNOR MEII.ErTEs : RELATIONS
WITH TIE FUGITIVE
Pierre D. Jan. I-Taylor's dcfaicsiion siill
absorbs an the Interest at the Capitol. Every one
has been awaiting the arrival of cN-tioy"rnor M"l-
iette. VINO came IN on last evening" train IN" ~
Governor has had some Intimate busin - relations
with Taylor. and on Thursday last went TO chicago
TO meet him Taylor had left th~rc the day before.
however and though Mclett" searched for MIN
two days. h. could get no trace Of him he then
went t. LAFAYETTE and discovered that Taiior vas
short: that his friends unable To- holp HIN ont.
ana tha, the default MAS inevitable Meiloite va
in Chicago December - ana met Taylor there The
latter vas apparently n conference with number
o. bis friends and bondsmcn. with l.cpp"iniau.
hose bank at Getty sburg failed three months aso.
and who. through that. really dragged Taylor down
10 his ruin. The eN-Governor states that TAYLOR
'olI him . short time ;hc history 90 the bank
At Gettysburg and the way IN which he was caught
during the panic eighteen months ago. The bank
got into close quarters and appealed 10 Taylor for
hep Anrr consulting with various bankers. he
loaned $4,000 II the States money. all agreeing
that to ,et the bank fail that tim" would IN
danger every bank In the State and would probably
bring ruin on all The people ~ b. had helped oui
several other institutions. he helped this. II" found
soon. however. that the condition ~ the institution
was much worse than be had suspected ard having
placed SO great 4 there. h. sent good money
after bii until he had sunk ,l"l0r Then came hs
other losses amounting - fully half as much more.
He vas unable to borrow to yell great amount
Of property that came into his possession from this
bank such real estate. merchandise stocks and
cattle For a time his friends helped him out.
They reached their limit however and he was
thrown on his resources. lie could not get
money from the East and Was caught.
Mclletfe has no knowledge Of the fueitives move
mcnts. II IL known that Taylor a few days ago
put all of his property out of mis- hands and even
conveyed some trust funds which viii seriously en-
barrass como OF his friends. Investigation seems to
show that the bonds are oi small value except one.
and that is not known. II f. understood that nothing
be collected from Taylor's father who was sup
posed be wealthy.
Taylor's defalcation now threatens 10 Involve some
OF the other State officials and there rumors Of
revelations 10 be made which viii shake the state
TO It's centre. 1t is now known that during the panic
the state funds used to holster the private
affairs OF various State officials 1t Is rumored that
Pubic Examiner Meyers wili be arrested and hs
bondsmen sued for the Taylor loss. The statute
provides that the examiner shall examine tne m
County and state Treasurer affairs at stated IN
tervals and II lie finds them at all unsat t-sfactory
he shall, at once proceed To take possession OF hs
the offending ofncial un;il the irregularty 10 In
vestigated and made good; From Meyerss own
not surprised when the default became rnblc A.
is he snsPScfsd Led sa9r,as nd al sySr ,hs bsd
month TO draw ii into hls own hands and get away
Two years ago Taylor loaned Melette. then Gov
ornor $1,000. and Melleue gave him warranty
aTeo sn ont nj, Of $1,000 This was not recorded few
months ago Taylor asked for the money and stated
ihai he was hard pressed. Melette went 10 Boston
and secured the money by making q similar deed
lie was about To over the money TO Taylor
,vhen The crash came. Yesterday ne learned that
Tavlor had recorded the deed and mortgaged me
nrcnerty for It's full value. The two deeds were
ppIaced on record Wednesday night the day after
iina fcfaIcatlon became known. This bankrupts
W.uetfc and deprivos the state OF any chance OF
recovering from him bcndsman. rc has, how
ever given the Attorney General full list OF his
properfy. and the state has already at'acheh anu
ywilI contest the deed given to TAYLOR ,... ,.o..,
Tho chief Of Police has received teiesidhl rom
uen'nhIs ting that the police have under arrest
. Nan answering the description OF Taylor ~.
General Crawford has telegraphed to hoId
tj,n for indentincatlon.