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Updated: May 7, 2025
On the 29th, John B. Floyd, Secretary of War, having failed to secure the consent of the Administration to an entire withdrawal of the Federal garrison from the harbor of Charleston, also resigned, and the next day he having in the meantime escaped in safety to Virginia was indicted by the Grand Jury at Washington, for malfeasance and conspiracy to defraud the Government in the theft of $870,000 of Indian Trust Bonds from the Interior Department, and the substitution therefor of Floyd's acceptances of worthless army-transportation drafts on the Treasury Department.
On the 29th, John B. Floyd, Secretary of War, having failed to secure the consent of the Administration to an entire withdrawal of the Federal garrison from the harbor of Charleston, also resigned, and the next day he having in the meantime escaped in safety to Virginia was indicted by the Grand Jury at Washington, for malfeasance and conspiracy to defraud the Government in the theft of $870,000 of Indian Trust Bonds from the Interior Department, and the substitution therefor of Floyd's acceptances of worthless army-transportation drafts on the Treasury Department.
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