The History of Tammany Hall: Second EditionMyers, Gustavus
History
The History of Tammany Hall: Second Edition
Myers, Gustavus
New York (N.Y.) -- Politics and government; Tammany Hall (Political organization)
During this period another great series of disclosures regarding
Tammany chieftains was made public. Samuel Swartwout, whom Jackson
had made Collector of the Port shortly after coming into office in
1829, fled from the city late in 1838. He had long been a power in the
organization. His name had been mentioned unpleasantly when he, with
M. M. Noah and Henry Ogden,[10] contrived by means of their official
positions to get $10,000 reward for the recovery of the jewels stolen
from the Prince of Orange, though the recovery had been made by others.
And in 1833 he had threatened, as Collector of the Port, to remove the
Custom House uptown because the merchants would not lend him more than
$7,000 on the strength of some worthless “Jersey meadows.” Three years
later he was connected with the unsavory Harlem Railroad stock corner
and the manipulation of the funds of the Commercial Bank. Early in 1838
he joined forces with the notorious politicians of the Seventh Ward
Bank for the defeat of William Leggett for the Democratic nomination
for Congress, securing the nomination of Isaac L. Varian in his
stead. A few months later the city was astounded to learn that since
1830 he had been systematically robbing the Government, through the
manipulation of Custom House receipts, and that the total of his thefts
amounted to nearly $1,250,000.[11] Fleeing to Europe, he wandered
aimlessly about[12] for many years.[13] The community was so impressed
with the size of this defalcation that a verb, “to Swartwout,” was
coined, remaining in general use for many years thereafter. A defaulter
was generally spoken of as having “Swartwouted.”
A lesser figure in Tammany circles, though a person of considerable
consequence, followed Swartwout in flight. This was William M. Price,
at the time District Attorney for the Southern District of New York. It
was discovered that he had defaulted to the Government in the sum of
$75,000. Price, like so many other Tammany politicians of his time, had
been mixed up with Seventh Ward Bank politics. During the latter part
of his career he had been known as the personal representative in the
city of President Van Buren.
Public-domain text, read in full here on John Shaqi.
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