New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1846-11-18
The $1,000 900 Loan-The AIvaraao Amir.

Correspondence OF The Tribune
WASHINGTON Nov. IL. 1876.
The award OF the Secretary of the Treasury OF the
loan among the various bidders IS made to day
understand that somewhere about three millions Is
the amount taken in New York, through Mr. W ard
About half million is taken in tins city, and nearly
similar amount in Charleston 5 c. The residue
is distributed among various bidders in Boston
Philadelphia Baltimore Plymouth and other towns
which have been named in the letters OF newspaper
CORES pondents from this city
Concerning the cause which prevented the Sc
cretarv from making his decision before today, |
state, for your information, the following facts -
When the bids were opened on W ednesday in con
formity with the notice in the papers, it was found
that there was one offer for the whole loan at one
and one eighth OF one per cent above par. made By
Alfred L. Kershaw of New York. The other bids
were mostly at par, with the exception OF one for
small amount i believe $4,000 by gentleman of
this city at five per cent. advance OF course the
Secretary was bound 10 take Mr.. hershaw offer as
the most advantageous for the Government But
to ascertain the solyency and suhcency OF the bid
der the Telegraph was put IN motion FOR the purpose
of making the necessary inquiries A more impor-
tant question than " Who is James X. Polk -
namely, Who is Alfred L. kershawl r agitated
the department, and soon found It's way to New
FORK. and the answer was speedily returned that
no such name was known within the golden circle
or In other words within that room IN the Elk
change where brokers most do concregate. The
only individual OF the known out of that circle
is one recorded in the Directory Alfred L. ker-
cher 10 Eldrldgest and us there no houses
i'll EldridCe-st tit for the occupation OF capitalist
able 10 take loan Of five millions, great doubts be-
can TO be entertained in the Department whether
the bidder in this case able to comply with the
terms and CLEAN o. light, which suddenly shot
through the brain OF the astute head OF the depart
ment half revealed TO him the Notifying suspicion
that he had been hoaxed. Still he was bound on
his part TO give the loan to the best bidder and
every man has an unquestonable right 10 put III his
offer Nothing could be decided until the result OF
this bid couldbe ascertained. \ messenger. there
fore was dispatched TO New ork for the purpose OF
bringing the matter 10 a close. understand his
port has been received to-day by Telegraph and
that it decides the doubt and has satisfied the Sc
cretary that he Is at liberty To dispose OF the loan 10
the responsible bidders above named.
You may res, assured that the facts as have
represented They are vaguely referred TO IN the
National lntellgencer OF this morning, and have
been the theme OF conversation IN the street today.
Mr. kershaw has taken bold step in attempting
TO play a trick on Mr. Polk and his insncial Secre-
tary and may congratulate himself ii he escapes
tiaying
Official dispatches OF the aboriiye attempt on Al
vsrado reached the department last night, and are
at this moment under deep and solemn considera.
ton No Secretary is visible-and every clerk is
as taciturn as Chinese model OF mandarin Hence
tits reported that the affair wears worse aspect
in the official dispatches than in the private cores
pondence VERITAs