“The result throws great light both on the stealing and burning of the vouchers by Haggerty, the janitor of the building, appointed by the Chamberlain, and also upon the Keyser forgeries.”
Woodward did not wait for the accumulation of evidence against him. He followed the example of Ingersoll and Garvey, and took flight, and at present his whereabouts is unknown.
Mr. Tilden’s affidavit relating the facts of his discovery furnished evidence sufficient to justify the arrest of Mr. Tweed. The Sheriff performed the farce of arresting the “Boss” in his office at the Department of Public Works. Bail was offered and accepted. The Sheriff treated the great defaulter with the utmost courtesy and deference, appearing before him, hat in hand, with a profusion of servile bows. No absolute monarch could have been treated with greater reverence. The moral sense of the community was outraged. On the same day a poor wretch who had stolen a loaf of bread to keep his sick wife from starving was sentenced for theft.
Mr. Tweed attempted to explain away Mr. Tilden’s discovery, but was met at once by that gentleman, who more than fastened his guilt upon him. Said Mr. Tilden:
“The fourth act in the conspiracy was the collection of the money and its division. (Laughter.) Who collected that money? We found upon investigation that every time Garvey collected $100,000 he paid 66 per cent. to Woodward, who paid Tweed 24 per cent. of it. (Laughter.) Sometimes Woodward paid a fraction above 24 per cent. to Tweed, sometimes a fraction below, but it never reached 25 per cent. nor fell to 23 per cent. (Laughter.)
“Every time Woodward collected money he paid over 24 per cent. to Tweed. The investigations in the Broadway Bank having begun without knowledge of the specific transactions to which they would relate, extend back through the whole of the year 1870, and it appears that about the same transactions were going on in the four months of that year, and about the same division was made. Something like $200,000 or $240,000 was paid over to Tweed during those four months.
“Now I have heard it said in some of the public presses that a gentleman who had an interview with Mr. Tweed had received the explanation that Mr. Woodward owed him large sums of borrowed money, and that when, in the course of his business arrangements with the city, he received these sums of money from the city, he simply paid it over to Mr. Tweed in satisfaction of his debts. That is a very fine theory. There is only
one difficulty about it, and that is, these loans are not entered on the bank account. Examine Mr. Tweed’s bank account, and there is not $1000 in it except in city transactions. His whole private business during this time when he was depositing it—checks drawn upon city warrants amounted to $3,500,000—did not amount to $3000; therefore it results inevitably that whatever is taken from that account is city money, for there was nothing but city or county money in that bank. There were no private funds there. Where his 42 per cent. went I am unable to find out. It was probably transferred to some other bank in large checks for subdivision among the parties entitled thereto; but about that we know not. Now, gentlemen, that disposes of the fourth act in the conspiracy, and the events justify me in saying that at the time the City Charter was passed I had no suspicion that the principal object in passing it was not to preserve political power, with the ordinary average benefits that usually accrue to its possessors. I had no suspicion that affairs were going on in this way. But it seems that these transactions were about one-half through; that there was about as much to be done after the new charter as had been done for sixteen months previous under the old law; and that therefore the motive and object of the new charter was not only to secure political power with its ordinary average advantages, but also to conceal the immense amounts that had been already stolen, and to secure the opportunity of stealing an immense amount that was in prospect before its passage. I say, then, that by the ordinary rules and principles of evidence, looking back to the beginning of the transactions, no man can doubt that all this series of acts were parts of one grand conspiracy, not only for power, but for personal plunder.”
We have not the space to dwell further upon the villainies from which the city has suffered, but in parting with the Ring we cannot but regret, in the forcible language of the Committee of Seventy, that, “Not an official implicated in these infamies has had the virtue to commit suicide.”