The robbery was discovered at the Treasury in Washington on Saturday morning. The news was telegraphed to New York immediately, and on Saturday afternoon anxious councils were held by the officials of the American Exchange Bank and the Adams Express Company. Inspector Byrnes was notified; the Pinkerton Agency was notified; and urgent despatches were sent to Mr. John Hoey, president of the express company, and to Robert Pinkerton, who were both out of town, that their presence was required immediately in New York. Meanwhile every one who had had any connection with the stolen package--the paying-teller of the bank, other bank clerks, the messengers, detective McDougal, the receiving-clerks of the Adams Express Company, and the express messenger--was closely examined. Where and how the forty-one thousand dollars had been stolen was important to learn not only in itself, but also to fix responsibility for the sum lost as between the bank and the express company. Three theories were at once suggested: the bogus package might have been substituted for the genuine one either at the bank, between the bank and the express office, or between the express office and the Treasury. The first assumption threw suspicion on some of the bank employees, the second upon the two bank messengers, the third upon some one in the service of the express company. Both the bank and the express company stoutly maintained the integrity of its own employees. An examination of the bogus package disclosed some points of significance. Ordinarily, when bank-notes are done up for shipment by an experienced clerk, the bills are pressed together as tightly as possible in small bundles, which are secured with elastic bands, and then wrapped snugly in strong paper, until the whole makes a package almost as hard as a board. Around this package the clerk knots strong twine, melts a drop of sealing-wax over each knot, and stamps it with the bank's seal. The finished package thus presents a neat and trim appearance. But in the present instance the package received at the Treasury was loosely and slovenly wrapped, and the seals seemed to have been put on either in great haste or by an inexperienced hand. Moreover, the label must have been cut from the stolen package and pasted on the other, for the brown paper of a previous wrapping showed plainly in a margin running around the label. The address on the package read: "$41,000. "United States Treasurer, "Washington, "D. C." All this was printed, except the figures "41,000," even the dollar-sign. The figures were in the writing of Mr. Watson, the paying-teller of the bank, whose business it was to oversee the sending of the money. His initials were also marked on the label, with the date of the sending; so that on examining the label Mr. Watson himself was positive that it was genuine.