. . . —then Smith invented another plan, that was to exchange their notes for other notes that would pay their debts, and for that purpose he sent the Elders out with it to exchange, and not only the elders, but gave large quantitics of it to others, and give them one half to exchange it, as I am informed by those that peddled for them,—and thus Smith was instrumental in sending the worthless stuff abroad, and it soon come in again and as I may say, there was nothing to redeem it with, as Smith had used the greater part of their precious metals, and the inhabitants holding their bills came to inquire into the Safety Society precious metals, and the way that Smith contrived to deceive them was this: he had some one or two hundred boxes made, and gathered all the lead and shot that the village had or that part of it that he controlled and filled the boxes with lead, shot, &c., and marked them, one thousand dollars each—then, when they went to examine the vault, he had one box on a table partly filled for them to see, and when they proceeded to the vault, Smith told them that the church had two hundred thousand dollars in specie and he opened one box and they saw that it was silver, and they helped a number and Smith told them that they contained specie, and they were seemingly satisfied and went away for a few days, until the elders were packed off in every direction pass their paper off; . . .