On February 2, 1806, Miranda sailed from New York City for Venezuela on an American-owned vessel, the Leander, with 180 men (mostly Americans) and weapons. Among the adventurers was Colonel Smith's 19-year-old son, William Steuben Smith. However, the Leander was soon captured by the Spanish. Miranda escaped, but the young Smith and the others did not. (William Steuben Smith later eluded his captors and made his way home.)
After the Leander's seizure became public, Colonel Smith and the ship's owner, Samuel Ogden, were arrested for violating the Neutrality Act of 1794. That law made it illegal to "set on foot directly or indirectly within the United States any military expedition or enterprise to be carried on against the territory of a foreign … state with whom the United States is at peace."
On March 1, Judge Matthias Talmadge of the U.S. District Court in New York, questioned Smith and Ogden and they signed incriminating statements outlining their roles in the affair. (These statements were later introduced into evidence at Smith's and Ogden's trials.)
Smith and Ogden were formally indicted on April 7. If convicted, they each faced up to three years in prison. In the meantime, the president dismissed Smith from his post.
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