Rensselaer Republican, Volume 20, Number 30, Rensselaer, Jasper County, 29 March 1888 — SHOVING THE QUEER. [ARTICLE]

SHOVING THE QUEER.

Two Goodland Men Arrested. A great deal of excitement has been occasioned in this section by I the arrest, last week, of two well ' connected young men of Goodland, j charged with passing counterfeit i money. Their names are John H. Banes and James Happ. They j were bath clerks in the store of : Wm. Banes, a brother of John H., and one of the leading merchants of Goodland. They were arrested by a deputy U. S. marshal and taken to Indianapolis where they are held under bonds of 810,000 each. They are young men but bbth have lately married. The counterfeits nrej 85 silver certificates. Their circulation was first detected by Fred Gilman, cashier of the Gooclland bank. Exaggerated rumors regarding the amount of the counterfeits that have been circulated in Goodland and vicinity, put the sum at 820,000, but later and much more reliable estimates cut the amount down to 81,000. How much, if any, of this has found its way into Jasper county, we have heard no estimates. Dr. M*. Traugh, the dentist of Remington, had 880 or S9O of the stuff put on to him by Sapp, in paying a debt, and Miss Anna Parker, cou?t stenographer, also of Remington, took a bill from the treasurer of Newton county, and one of the Remington barbers is also stuck with'one of the bills. So far as heard from none of the counterfeits have found their way to Rensselaer. Since the arrest of Banes and Sapp the Chicago papers have had much to say about the matter, and it is estimated that $50,000 worth of the bogus certificates have been circulated in Chicago and vicinity. - Thq counterfeits are of five dollar silver certificates of the series of 1886, and by all accounts are exceedingly well executed. The discovery of this circulation of bad money so near this town has, naturally, created considerable alarm here, and, for the time being, the circulation of five dollar silver certificates was entirely suspended. All the banks here refused to accept them and while the banks maintained that attitude no one else would accept the bills. After fuller descriptions of the counterfeits had been received, the banks began to take the interdicted bills again, yesterday.