The Sun.
London, England, 1824-05-14 00:00:00

AFFIDAVIT.

LONDON TO WlT.—Francis A:Hy, Arthur Nally, Isaac
Lyon Goldsmid, and David Cohen, all of the City of London,
Gentlemen, do severally make oath and say as follows :—And
first, the deponents F. Bally, A. 'laity, and I. L. Goldsmid,
fir themselves do severally depose and say, that in the month
of February last they (the deponents) understood that the Go.
vernruent of Colombia was about to send Commissions to Eng.
land for the purpose of negociating a loan for the service of
Colombia; and in consequence thereof they, these deponents,
the said F. Bally, A. Bally, and I. L. Goldsmid, formed an
intention of bidding for the said loan, and proceeded in the
usual manner on such occasions ; and as they had previously
done oa former occasions when intending to bid for English
loans; that is to say, by receiving letters of application from
various merchants and persons of large property who, were de-
sirous of being admitted as subscribers to the said loan : and they
further depose and say, that they did in fact receive such appli-
caions to a much larger amount titan the sum required by the
Columbian Government.

And the deponents, F. Baily, I. L. Goldsmid, and D. Cohen,
for themselves do severally depose and say, that they the said
deponents F. Baily and I. L. Uoldsmiti, in company with the
deponent David Cohen, who is a person conversant•with the
English and Spanish languages, did, on the 9th day of the pre-
sent month of April, have an interview with Messrs. Montayo
and Arrubla, the two Commissioners appointed by the Colum-
bian Government for negociating the said loan ; and that at
that interview the said Commissioners stated the following
terms as the basis of the loan about to be contracted ; that is
to say, That the amount of the loan was to be Four millions
seven hundred and fifty thousand pounds sterling, to be ad-
vanced in the following manner, on bonds bearing an interest
of six pounds per cent. per annum :—namely, twenty-five
pounds per cent. to be paid down as a deposit within two or
three days; another twenty-five pounds per cent. at the end of
three months; and the remaining fifty pounds per cent. in five
monthly instalments of ten pounds per cent. each : That a com-
mission of one pound per cent, on the amount of the loan was
to be allowed to the contractors ; and that a commission of two
per cent on the amount of the dividends was also to be allowed
to the contractors, from time to time, fur their trouble in trans-
acting the business of the loan.

And the said''''''''''' F. Baily, L L. Goldsmid, and D.
Cohen, dc severally further depose and say, that the said Com-
missioners stated distinctly to these deponents that the above
terms were the same as those which had been offered to the
other parties who had proposed to bid for the said loan.
And the said deponents, F. Baily, I. L. Goldsmid, and D.
Cohen, do severally further depose and say, that at the said
interview they the said F. Bally and 1. L. Goldsmid did (in
order to satisfy the said Commissioners of the respectability of
the subscribers to the list of the said F. Baily, A. Bally, and
I. L. Goldsmid) offer to shew the said list to the said Commis-
sioners, or to give them any other satisfactory reference and
assurance which they might require for the due performance of
the proposed contract ; but that the said Commissioners express-
ed themselves perfectly satisfied with the responsibility of the
said F. Bally, A. Bally„ and I. L. Goldsmid, without any other
guarantee.
And the said deponents, F. Baily, I. L. Goldsmid, and D.
Cohen, do severally further depose and say, that at the said in-
terview they the said F. Baily and I. L. Goldsmid requested
that the said deposit of twenty-five pounds per cent. should be
divided into two sums, and that only fifteen pounds per cent.
(part of the same) should be paid down within two or three
dui, and that the remaining sum of ten pounds per cent.
should be paid within one week from the date of the contract :
but that the said Commissioners objected thereto, although the
said F. Baily and I. L. Goldsmid declared to them that they
would rive a better price for the loan if such an arrangement
was made.

.....
And the said F. Bailey, I. L. Goldsmid, and D. Cohen, do
severally further depose and say, that at the said interview they
the said F. Bailey and I. L. Goldsmid requested of the said
Commissioners that all the tenders which might be made for
the said loan by the various competitors should be opened in
the presence of all the parties assembled for that purpose, in
order that it might be publicly known who was the highest
bidder: but that die said Commissioners objected thereto; and
even stated that they would pot declare or announce the price
offered by the highest bidder, and moreover, that the separate
biddings must be delivered ;to them before five o'clock in the
afternoon of the then following day, as they were desirous of
sending off to their Government, by the post of that evening,
the result of their negotiations.
And the said deponents F. Baily and I. L. Goldsmid do
severally further depose and say, that on the said following
day, that is to say on Saturday, the 10th of the present month
of April, about a quarter of an hour before five of the clock in
the afternoon, they tendered their bidding for the said loan by
delivering into the hands of 111, Montayo, one .of the said Com-
missioners, the letter hereunto annexed marked A ; and that
the said Commissioner received the same as their bidding, and
after having .read the said letter he stated that he would- send
an answer thereto by eight of the clock of the same evening,
agreeably to the address of the said I. L. Goldsmid as indorsed
on the said letter. _ _

And the said deponents, F. Bally, I. L. Goldsmid, and D.
Cohen, do severally further depose anti say, that at this last-
mentioned interview, the deponent David Cohen declared, in
the presence and hearing of the said Commissioner, that 111 r.
L. A. Uuldschmidt of this city had just announced to him the
said D. Cohen, that he the said L. A. Goldschmidt had contract-
ed for the said loan. And the said deponents, F. Bally, I. L.
Goldsmid, and D. Cohen, do severally further depose and say,
that they distinctly and repeatedly appealed to the said Com-
missioner as to the truth of the said assertion ; and the said F.
Baily and I. L. Goldsmid do severally depose and say, that
they would not have tendered their said bidding, if the said
Commissioner had not denied the truth of the above-mentioned
assertion.
And the said deponents F. Bally, A. Bally, and I. L. Gold-
smid,,do severally further depose and say, that at or about half

an hour after nine of the clock in the evening of the said 10th
day of April instant, the letter hereunto annexed, marked
(addressed to the said F. Baily, A. Baley, and I. L. Goldsmid.
front the said Commissioners), was delivered agreeably to the
address before mentioned ; and that in the said letter, marked
11, was returned the above-mentioned letter, marked A, -shich
had been previously delivered into the hands of M. Montaya
as the bidding of the said F. Baily, A. Bally, and 1. L. Uold-
smid, as aforesaid. _ .

And the said deponents, F. Baily, A. Baily, and I. L. Gold-
smid, do severally further depose and say, that the said letter
marked A contained a bidding of eighty-eight pounds sterling
for every one hundred pounds bond to be issued by the Colum-
bian Government ; but that if the first dividend thereon bad
been stipulated to be paid in July next as now arranged, in-
stead of October as originally proposed, they these deponents
would have given one pound ten shillings per cent. more for
the said loan ; and if in addition thereto the instalments of the
loan had been arranged so that they should have been payable_,
in the manner now proposed by the present contractors, they
would have given another one pound per cent. additional for
the said loan.

(Signed) FRANCIS BAILY.
A RTII UR. BA I LI%
ISAAC L. GOLDSMIU;
DAVID COHEN.
Sworn by all the Deponents et the
Mansion-house, London, the 2.3 d
d.:y of April, 1824, before me,
R. WM:LIMAN', Mayor.
The letter marked A contained only a bidding for the loan,
in the usual manner, at the price mentioned in the affidavit.
The letter marked B was a short note, in the Spanish lan-
guage, stating that the above.nientioned bidding was not
accepted.