CINCINNATI, Saturday, Jan. 3. Major ISAAC N. COOK, Paymaster in the army, has been arrested for a heavy defalcation, amounting to a half a million of dollars. Most of the money was lost in gambling.

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In the mean time, with the increasing thirst for luxury and the habit of thinking of it as within the scope of every man’s rights, the temptations of dishonest gain increase, and especially are all ...

Thereafter, six instances of expenditure incurred by the Government were pointed out, which according to the author of that post, amounts to defalcation. The above post concludes with the remark ...