Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1833-05-17

ar.Ctayrot his ciear-sighted, prophetic views OF national
poicy!-oi his chivalrOus spirit aud amicable fceling,-ot
his magnonimity! and Of his courtesy.
THE PROTESTED DRAFT UPON THE rRrNcu
GOVERNMENT.
The New York Courier and Enquirer not s,,is;,, u.,,.
me reasons upon which it, and others Of its equally n,tr;.
oc orethren have attempted 10 excuse the non .pSynon,
@, the bill drawn by the u. States Treasury on ,ba, .,
ifance-or what is more probabie-uot finding that tho
pthlc are satisfied with them, and being. A., it wouIJ co.
sincerely DESTROYS that the American Governmen, .bo,,j
nave lhe blame whatever it may be, OF that TRANSACTION
mas nj length imagined a cause which il think. win -
roe, lead to that much wished-ior conclusion.
mat paper, OF the 9Th instant, states as its ju,nrc,.;o,
mat, ny the treaty, the Secretary of the Tie ,surv vas
on'y entitled, III drawing for the first instalmcnt, to draw
also ior the interest on that instalmen;, and thai he hss
pronaoiy drawn Tor the interest on the whole sum. The
,u,or auus' mat he has not the treaty before him, but IF
MS impression DE correct, then the Secretary has certain
ly drawn for too large a sum.
ne Courier and Enquirer has made quite an imposino
aT,icie IN appearance, by a great array OF figures in doubIc
columns, anil has put itself 10 some trouble in CONVERTING
francs into dollars, and dollars into francs N shov uoi"nns
iec'hess oil his conclusions If his impressions az 10 tho
treaty be correct. II ibis Editor has not praciised mon
his readers an intentional fraud, what, a pity that he had no
means OF seeing the treaty,-:hat in none of all the public
NV pfiv",e corrections In the great city of New York,
neither book nor newspaper was to he found containing il
seeing that some hundred ,hossand comics of IL -
probably been published.
We viii however, undertake TO furnish The information
DC need. to test the truth OF his ingenious and charitable
specuia'ions. And yet it is possible he may no, thank us
Tor the service; for it shows hat his Impressions ON tho
snh9ect were GHogeMer erroneous. The second article
OF the convention, which we givo entire heI,w $500.
sliPulates that tciM each insfolneat the interest imam Il
and upon all The instaimienfs then unpaid shall be- naid
so mat the Secretary OF the Treasury in drawing for the
interest OH all instalments drew only Tor the sum stinuI,t.
ca by the treaty; and, therefore, the non. paymen, of the
draft could not have resulted from that cause.
Since, then, the facts will not answer the pat,jotic MR..
pose u ~ courier and Enquirer, and since this ingenious
attempt at guessing has been unsuccessful. il must AGAIN
nave recourse TO ITS Imagination, or some more prolific
source, TO sustain ii in its praise worthy and charitable en-
beavers TO show that whatever cause of blame there he in
the non-p"ymento OF the draft, it is the Government Of his
own country, and not a foreign Government, that is in the
wrong.
Erractfr from the Observation-Disclosures II. Thu sur,
., 20 millions oil francs, above stipulated, shall be paid at
IaTis' IN SIX annual iDstalments of 4 ,I66, 666 francs and
80 centimes each, into the hands of such person or per.
sons as shall be authorized by the Government OF the Uni.
ted States TO receive it,.
'Ihe first instalmeni shall he paid at the expiration If
one year next following the exchange ofratific alton. of thi,
convention, ana The others at successive intervals Of a
year, ono after another, until the whole shall be paid.
ITO the amount of each of the said instruments shall be
sdhea interest at . per cent. thereupcn, as upon the other
instruments then remaining unpaid; the said interest 10 II.
computed from the day OF the exchange of the raGGcat;on.
OF the present Convention"
The Protested Drof.-on further consideration. I,
strikes US as not improbable, that one of the causes Of ihe
refusal by the French Government n a ,s dsaS S
PASSED. ID uhein' and perhaps the only one, IL that the
amount of the DRAFT was larger than this government, !,
ny treaty entitled TO demand. The Globe, in the article
published by US yesterday, does not state The amount Of
the drdit in francs, but says the bill produced S903, 565 40
now The rate OF exchange at which the bank purcbased
the hii. was frs. 5 37f2.
1908, 565 80 at . 81 t-2. il Frame 4 sEe eea M
One sixth oil 20 millions francs,
francs 4, l66, 6G9 co
Add one years interest on this
ins'a'iDen! I66, 500 90
1888, 1898 81
Deduct one sixui Of the Beau
na'ch'' claim and interest $50, OOO,O 90
4,O73, s33 90
~ S7s3, 1893 33
lof which sum, II oar srpposition is correct, the SECRETARY
mas overird'yn. Its probIbie that the Secretary ba, com.
ni'ted an error by drawing from the inferes, on the Who'll.
sum NJ 25 millions. ""V'
~ o. 20 millions OF Ire. u ifs. 4,I66. $3.50 sc
''c 20 miIlons at 4 per cent. is 1000, 900 90
-
b.dro, 5,t66, Sos Sc
Sl'm' 10000
million, en- ooo
l 5000 90
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