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The Daily Dispatch: February 14, 1861., [Electronic resource], The great fraud. (search)
detection, made up his stock account for the current year, showing on its face that all the bonds were safely in his custody, and had caused its presentation to the Second Auditor, Mr. Fuller. That officer refused to approve it for the reason that the coupon account, designed to be a check upon it, did not accompany it. It is, perhaps, to this refusal that may in part be attributed the early disclosure of the fraud. It will be observed that, while Mr. Bailey's statement is dated December 1st, 1860, and embraces the entire number of bonds, and fixes the month of July as the time at which he entrusted them to other parties, the testimony of Mr. Russell shows that they were not all delivered at one time, but that three hundred and thirty-three were transferred to him on the 13th of December--nearly two weeks subsequent to the date of Mr. Bailey's confession. The only satisfactory explanation that can be given of this noticeable discrepancy is the supposition that the statement was