New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1845-03-13

would lie -tiIet 10 no r-r oyefborae Is it bg th-
Tilted 70 AZ iea.; az much weight as Hif 4en But
;eGd that his Report ought 10 b. regarded with sotnsthns
IA On account currear s escape the Of 81
amnin- accountant; Is indeed passing Sif4sr ahd iueipi
Cable nnies II De t'ai - made the Report as lie Vas
with hi the si s o 9 s Sd Bs6e
counts now a.. the COMMITTEE t2do me the lce TO P;ead
NJ nasa md nyl II h. s r.st t !. but a.; and proper
TINT should appeal and only claim The same measure oil
Whether Mr. Dakin his own language entitled TO
any credit for developments resulting from this invest
ton Of the anlrosa .is Of the c"Rr:e 70 The heEs' 81
the Government whether ne IN; 'no'Hn mai ne ild o.
most literally nothing 10 do wEh tie a;iar sn whether ne
that he mad any agency whatever the 1T wi! not
be difficult FOR nm who reads TO decide.
have the honor to be- yeIy . respectfully eiIf,t
Hon. r. H. B,YARp Chairman Committee Naval Affairs,
wAsuxcroS. March !, ls4J
Sir In compliance with the request OF the Hon Mr.
Pearce 1 herewith furnish ysu with information III
relation my examination of the account existing be-
tween the Navy Department and Fitch Brother. K Co.,
formerly United States Navy Agents Al iarsei!les.
In consequence OF M alleged discrepancy in the
the accounts they were March last, superseded in that
agency, and subsequently another appointed in their
place short time after the appointment Of the Hon
John y Mason as Secretary OF the Navy, he directed
TO make an examination OF The account and Iefor; 20
hm AZ the zine nc placed III my hands The papers
relating 10 tile business transactions between tie Depart
rnen and the Marsecs agency stirs OF the follow
Ing an agreement between tie Navy Department; and
Fitch BROTHERS & Co., dated 9TH December, >33-ap-
pended the the certificate Of the United
States District Judge Of the southern District Of New
York. also enforcement; Of the Secretary Of the Navy
r DickcrSon) the agreements (Sec Senate Doc 1872.
pp > g. T. St session !,i Cong. letter from President
Jackson in relation To the Mediterranean squadron, o.
bond Of FITCH, BROTHERS & Co., and certificate OF the
United Attorney for the District Of Connecticut,
Opp f. y twole;crs from Secretary OF the Navy (r.
Hrnshaw) 10 s y. Allen, Esq., tpascs II and y , the
port Of Mr. .Nen in relation 10 Fitch Broth
crS Co account with the Navy Department. pages ~
10 % j the report e H. Winder, Esq. upon the
subject, pages 81, % and 20 statement sums adj
ya!iced and payments made by Fitch brothers
from Jane, 1888. November a. Stl, inclusive (pases
q and 2-,l with endorsement of Secretary Uplur
thereon; rcconcilins statement of Fitch BROTHERS &
Co.'S prepared by the Fourth Auditor, page 30
statement OF Fitch, Brothers Co.'S account attributed
% Mr. :. d. Dakin, (pageS 81, 81 III y letter addressed
by Mr. Dakin TO the President. the 9Th February Stl
in relation the which does appear the
Senate document before referred TO- afterwards obtained
from tho Fourth Auditor the vouchers in relation to
business transaction between the Navy Department and
the agency; ann from t!c Secretary of the Navy
count current and interest account, sent 10 him by y
Fitch Esq.
From the aforementioned papers made report and
statement the account from the commencement OF tie
agency 10 the I'd November, 1913, inclusive
When the Secretary OF the Navy placed the papers
lang to the agency in my hands desired me 10 cosrue
it. In my examination Of the contract, followed hi,
directions. ng I'D a S eSne9n pG to the 1
agency $4,000 per quarter; mn from he lsh Novener
mention made the contract catered INTO by the
tive parties the subject OF tereS therefore inferred
that interest was {" be CHARGED by either party and N case
clam for interest set up by either II could only be con-
sdered the light o. QHabe clam, and not By
based upon the cuntruet Itself.
From the fact tina, Secretary Uput allowed Fitch Brothers
Co. 500 y as eLtrn p!emnn Tor heavy advances made by
the department Ind the right to cHTe the asency nie ter
deduced by Mr. Allen my judgement perfectly
IT, however, interest were properly ciarseube Mr. Al
Cos very materially fimc when should commence
lie assumed fifteen dny. after the deposit was made IN New
three months after the deposit made 10 the 18th Noven-
slOo ov0 annually mud nter the November 1884
neIes; woad not be properly ehaIscabe until x mont inter
lion the connc, deemed correct, the buance of interest
be deemed correct tlcn the bnnnce Of favor Of
F.. b. u Co.. Blu; the conae; did not my utgemen
cred unnecessary To furnish the Secretary OF the Navy with
As Mr. Aliens statement aud my differ
gard to thu amount of Government money ~ f. T. < Co.'S
ii will be perceived BY reference the statement OF hr
count prepared by him. that he di, de the whole into five
Iuue 49, 1898 August 1872 and January 1888. lie says
a.e 1851 B.ace due the United States. August 49, 1886
Osy 10 Upon examination OF Tie account trreplrrd
By him 1t will be perceived tina, sleOoOl Of thai
vanced the agency the i9 august, 1880 anI cOnse
iry 1885, Besides. Sl3?tu was pad By r. b. y 20 before
the 18th August 1896 neendeni of tie other credits allowed
by him IN MS account No. 1.
He says aEaia (sams ms.:, Daaqcf due the United
referring his account Nos. and 8 that before the 18th July
1887 Fitch Brothers Co. aid s}3tol more ian IL sums
which MIR Allen places 10 Their crei; III ms account y"
lie says again (same paSe Balance due the United State;
August l. lGi2 S99j3; 9 ofts it will be perceived
1872 aud due months reliter and
moreover F. D. paid besides @ credit, allowed b. Mr.
Allen in his No S16! before the Is; August lJ2
NJ ''Il & % mr. So materially from INV
own that YOU rage 3D. (Sele document before
rrrej where nj glance discover the state Of the
for from e commencement OF the agency
until November. 1913.
From all the consideration aud a,,eation which have IoI
The subject do not suppose The average amount 81 money
refer you particularly 10 page 81 above referred To-
,bmted to Sr p.Ein differs 50 materially from every oJrr
made that there room 10 doubt OF us neof
am not aware of the fact that that statement was actually
prepared BY Mn Dakin was however IN his handwrt;
that statement and the handwriting Of the letter which lie adj
dressed TO ihs President IN fseFnaFy @ 'p relation 10 the
In conclusions be-: lelve to say ;lat examining the
of Fitch Brothers l. Co with thu Department, ntd
attention the opinions OF others wh1 eSamnTd the &C.
count before the paerS placed hands except
opinion of the Fourth Auditor ~ relation 10 it subject Of -
eres connected with the discussing agents oil the Gov
@ which o,ao9 hS hen ~, er S
until time after presented report 70 the secretary
have the honof' 10 b. yegr 9 I, seTr3ni
Chairman Committee on Naval siiIirs. l. ) Senate.
SENATE Cm,xBER, March g. lsi5.
SU: Your Litter Of the ls Instant in relation 20 your
agency the examination OF the accounts OF the house OF
Fitch Brothers 4 Co. as Navy Agents i: Marseies, has
been received
In order tla. the whole sabec, may before tie Com
miitec, have 10 request ai You will communicate 10
copy stlterns Of the contents Of i5 letter from ;
D. Dakn Esq 10 the President OF the United States dated
February ~ 1914 and which the documents
ered BY the Sena. be printed al their last session.
Vety respectfully. Ne
SAMUEL D. BANEK. Esq. Washington.
wAsHlxGroS, March B. 1915.
Sr: Yours OF this day has been Teceived and a-reeaby
NJ
Affairs herewith furnish you with what knowledge pos
se Ia relation 10 the letter addressed by Mr. :. ID. D9H
10 the President on the 27tl February -ii, e which
alluded my gepor: the Secretary u the Navy Of ie
29th April, lsIl.
That letter was IN my possession when examined the
account existing between he Navy Department aud Fitch
BROTHERS Co. United States Navy Agents i; M1Se!es'
f,y ,ye afte my examination or the account. |, from
No. on. tlc cn.tents OF The .ete- 20 the bes: ol