Secretary Boutwell to Overhaul Confiscated Property Sales
The report suggests Secretary Boutwell will pursue a thorough review of receipts from confiscated property sales and related fines. It questions past embezzlement by officials and hints at extensive investigations into proceeds from cotton permits and other wartime penalties, aiming to expose misused funds and recover losses. The Public Debt Statement for June 1869 lists totals, interest, and debts across coin bonds, money-backed notes, and other instruments with detailed figures.
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