The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1922-04-27
information Declared to Have
Been Secured by Former
Assistant Registrar.
MEETS PROMPT DENIAL BY
|OFFICIALS OF TREASURY
Declare That Investigation by
Secretary Mellon DisclOses
No Truth in Reports.
tsy Tho Associated PreSs)


WASHINGTON, April 20. - The
..atement was made on the floor OF
he house today by Representative
Johnson. republican, South Dakota.
that # will later be shown by Off
dal documents that there are probably
hundreds of millions OF dollars Of dup
cats bonds in the United States"
Prompt denial Of the statement was
made by high treasury officials, who
|leclared investigation by Secretary
'llellon Of the bureau OF engraving had
disclosed there was no truth in re-
|ports 10 the circulation on a large
ale Of counterfeit government secur-
tues,
Challenging the Johnson statement
Representative WIngo, Arkansas, dem
|,era,.c member OF the house banking
omnlttee, declared 1t was calculated
O cause uneasiness in the country and
that he did not belivee Mr.. Johnson
'cught 10 make it unless he can back
Z I'D as the truth" Mr.. Wingo ex-
hreased beisf that an investigation
Nyould snow that Secretary Mellon in
Denying reckless charges" about the
Existence OF duplicate bondl did not
ic to the people of the country"
As a basis for his charge as to alleg-
d circulation Of spurious securities,
pr. Johnson said that J. W. McCarter,
assistant registrar OF the treasury dur
tng the Wilson administration "se-
lfured information In the course Of his
iuties which convinced him that there
lad bsen enormous duplication of gov
ernment bonds which had been printed
by the bureau Of engraving and print
ing and had gone through the office
ot the registrar Of the treasury.
I think Mr.. McCarter took the right
altitude when he presented the matter
FIRST to distinguished democratic
senator from my state and very prop
erly presented the matter to the assist
ant secretary OF the treasury" Mr..
lohnson continued. He was very
quickly informed at that time by the
iomer administration that nothing
vas wrong; that there should be no
inYestigation and that he should keep
bis mouth shut or lose his position.
and Mr. NcCarter, who has developed
ne TACT that will later be shown by
oliiclaI documents that there are prob
aoy hundreds of millions of dollars
OF duplicate bonds in the United States
was discharged from service by his
uni l'ihi'Irasion for presenti>a those
.'''' 10 members of congress. I think
man Who took that attitude in the
l'rmer administration was ill-ad-
se' sea IN what he had done"
4'' Johnson added:
wiz say that that Is all a matter
public record. took personally
~ ot this data down to the Depart
-. usn' OF Justice myself early in the
w 4szl after we had tried in every
=" 70 secure action from the former
ADMINISTRATION
NF' Wingo asked: Does the pentIe-
:" nave Information upon which he
sr ~ pass conclusion, that there were
v''S oI duplicate bonds printed?"
say 10 the gentleman that took
'u seven typewritten sheets, single
~ rs OF numbers of duplicate bonds,
h. 'V,"e .1 bonds running 100000 higher
,.,r. He bonds issued" Mr.. Johnson
~. "~'N There is no man who can tell
many were Issued.
q. -" .' IN 1t, because / remember at
AZ, ]'"e II was shown conclusively
!,v,,s Vo'ofed taxicab driver in wash
q ~. was discovered down in front
\ S. ,as new Willard with thirty-one
i,o,. duplicate bonds, and he was
MN ssu from custody. In four days.
slna, '1E TO the gentleman that SUBJ
NJ sven pages of duplicate bonds.
uv 'ohnson was asked II he had
!, =, '1Fiaat!on =, as to what the check
>.s >. 'e M bureau Of engraving. with
q mos =" nose things, divulged.
h ar.,H,, no information as to that,
Y ~, S"so That has not been a part
,,,,j,,.a a1''es I win say that my in
sa, 60 -, which was Of an indepen-
|fs3yo,,-'' -'''e;er, and which not only
b 5.,o 5o some Of the facts which no
5. soy.s- ,s1 came to another branch OF
IAN ,..o ,e.."ment. and the exact part in
sa "'ch individuals have had in
h.. an nor able to tell"
'7Sdry officials declared in
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