Salt Lake Telegram | 1926-03-19 | Page 3 | Nassau Finances Are Threatened

NASSAU ARf Embarrassment to Government Government Gov Gov- Looms as Sequel Sequel Sequel Se Se- quel to Safe Bl Blowup NASSAU B Bahama hamn Islands March 19 AP The AP-The The colonial col government nt of ot the Bahamas fn faces fades es financial embarrassment embarrassment embarrassment em em- as a sequel l to the daring daring daring dar dar- ing robbery of the treasury vault here early Wednesday morning It became known toda today x Grave concern was express expressed d in fn official circles yesterday when Colonial Colonial Colonial Colo Colo- nial Secretary Burns informed the legislature that approximately 47 gold and silver specie had ad been stolen As there are no regular tax levies government officials officials- fear that the treasury loss will seriously serious serious- I ly curtail appropriations for tor public works Robbery of the government vault I will go down in island crime annals as the most daring since the days s 's I of of pirate occupation of the Baha Baha- mas The treasury building adjoins the police station and although dynamite dy- dy dynamite dynamite dy dy- used in shattering the door of the vault broke every window in the treasury building no alarm was given Specie taken from the rho vault weighed near nearly neadY Y a ton and it itIs Js Is believed the ro robbers bets made offin off offIn offIn In a power boat POSTS REWARD When the robbery was discovered Thursday morning g the government immediately posted a reward The old century-old vault contained nearly In reserve funds backing the colony's currency is Is- Is sue The Tho residue in coin and bills was scattered over the building bythe by bythe the explosion Currency commissioners spent agent yesterday collecting the scattered coins and currency and estimating the loss The remaining funds funds stored Jn In whisky kegs were re removed re- re moved under heavy guard to the he Royal Bank of Canada Spencer Williams young Bahaman Bahaman Bahaman Baha- Baha man and native of New Providence Island is under arrest as a suspect suspect suspect sus sus- in connection the with robbery He pleaded not guilty when brought before Magistrate O Osborn born for tor preliminary preliminary preliminary pre pre- Rearing nearing and was fuss remanded remand remand- ed to Jail fall in default of bond of 10 Williams is a son of the turnkey turnkey turn- turn key kev at Nassau prison How Holy robbers gained entrance to the treasury building is a m mystery ster as aa the iron iro shutters and doors were found Pound locked securely Thursday morning and showed no evidence of h having been tampered a with