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James Buchanan, Buchanan's administration on the eve of the rebellion, Chapter 10: (search)
President that 870 State bonds for $1,000 each, held in trust by the Government for different Indian tribes, had been purloined from the Interior Department by Godard Bailey, the clerk in charge of them, and had been delivered to William H. Russell, a member of the firm of Russell, Majors & Waddell. Upon examination, it was discovaccepted bills, exactly equal in amount to $870,000. These acceptances were thirteen in number, commencing on the 13th September, 1860, and had been received by Mr. Bailey, according to his own statement, as collateral security for the return of the bonds, and as such had been placed by him in the safe. It is remarkable that the ee in the fraud, and nothing to indicate that he had any complicity in the transaction, or that he had any knowledge of it until the time of the disclosure by Godard Bailey. It is to be regretted, for the sake of public justice, that all the circumstances connected with the abstraction of these bonds had not been subjected to a j