Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1901-02-21
TREASURY IS LOOTED
Milwaukee' S Public Funds Stolen
by Means Of Raised Ger
tificates.
Evidence That Organized Band
Has Been Stealing For
Many Years.
Printed Forms Filled Out and
Cashed by Bogus Con-
tractors.

NJ;,wankaa wis Jysh o1-Eyidences
:.
20 - : VIZ : - Z : = =
/ Milwaukee has been systenittleaiiy de-3
lsfrauded of a sum that may reach $780,
looo ,rha rohhe,.,. !. :, Z lt.., coins. On for
:
/ Years 10" ii'ucll eiie si's 8 go = i'a'
suffered is not exactly known, but an
linouiry which has been conducted for
- 49,. ~, r,i,,- ,,.aa s,,rer
i5ollow SHOWS that tiie eies mas oss'''i
lscheated out Of large sum- a system-
lame Investigation wiil be begun today
.s,,, q, ,s5,ss,,, !. $40
80 " = = =
men pfornlnent IN iliS'iisss'i te'lreies' a. -
lis claimed they have been negotiating
forged. counterfeit. oi raised CITY GER
tificate.s and that they must nave
known that they Mere irauduienl.
/ The inquiry has net progressed lar
lenough 50 that the name Of any one can
be connected With the scandal, but the
operations by whis !! this great amount
Of money was taken from the CITY
treasury have extended over a period q
several Years and according to the rev.
Citations made thus far forgery, raised
figures and the theft or me printing OF
| false city certificates have entered into
/ the case 1t appears from the evi-
dance whichgCity Treasurer Bollow has
secured by tracing up a number OF the
lSold city certificates that there has been
Ian organized movement for years to de-
isfraud the city.
The manner in which those implicated
4 have operated was either to raise the
sani0unts of city certificates given to
contractors for work done or to issue
fraudulent certificates, sometimes in
The name Of living contractors. some
ftimes in the names Of men who have
t been dead for years. The names Of the
members of the board Of public works
land Ike city controller We're forged To
these certificates.
There is no means of telling at pres
lent what amount the city has lost. but
Fit is known that the operations in these
fraudulent certificates extend back TO
| 1884 and it is infimated that it may cx-
ierd still farther back.
The discovery of the crime was made
thru an accident. A representative OF
enc Of the trust companies which has
keen loaning MONEY on city certificates.
came into the city treasurer's Office 10
make a casual investigation in regard
10 one ar two cert iticates They fell
into Treasurer Bellows hands and he
ldiscovered they were not genuine. The
figures ON these articular certificates
mad been RAISED. AS soon as this WAS
/ discovered there MAS an investigation
icf the certificates which have been paid
Fat the treasnfer's office for years past
land the result was 50 appalling that.
dr, Isollow could not balieve there had
Eteen such Wholesale fraud. He called
lin Deputy Comptroller Perth to verify
what he had discovered, and, With As
!sistant Treasurer Cook, they went over
tho records, the result being that there
was not only confirmation of the
erookedness revealed by the first dis
cpveries, but new disclosures were
made
4 The trust companies and banks which
are supposed to hold some of these GER
stificates have been notified to send the
rumber and amount of each certificate
.neld by them to the city treasurer that
Ian investigation can be made to deter