The republic. [volume] (Washington [D.C.]) 1849-1853, 1849-08-06

We find in the Richmond Wing letter
from Mr. DENBY's commercial agent at
Richmond, which may throw some Light
on the matter. Let us see what Mr.. Os-
BORNE, his agent, states in this behalf:
Without entering at this time into minute
account Of how became Interested with Mr.. Dem
by, or my subsequent transactions with him, permit
me TO say, you do me wrong when you state | am
defaulter 10 the Government am no more a
defaulter than you are. Ii is true am one of MIR.
Denbys securities; and when his account is finally
settled, may become, Mr.. Denby's security, a
debtor TO the Government; but, until that time ar
rves, and the exact facts are ascertained ought,
think, to be spared this imputaton.
" IL is also true, acted as agent for Mr. DENLY
in this country, and as such received and dsbursed
large amounts for him. These moneys received
as his agent, payin interest for them and,
quently, as would be inferred from this circum-
stance, and also by express understanding had the
use of the funds until called for. All these funds
were in the hands Of various European and Ameri-
can houses and, in consequence Of their failures,
my losses were so great as IN involve my whole
estate in ruin, and leave me destitute. The mo-
ment ascertained my fate was inevitable, remit
ted back $50, OOO-all the funds had, and which
could control--tot the Treasury Department, which
presume has been audited; and have reserved, and
shall pay to the proper party out Of my assets the
same pro rata amount am able to pay to my other
creditors. This is all can do now, though do
not despair, if my life is prolonged to discharge all
my Indebtedness ] admit il is an unfortunate
affair, but one which l neither anticipated nor
could prevent; but have yet to ascertain that there
was in these transactions any mpropriety have
submitted all my documents to friends and oppo-
nents, and am ready to submit them to any tribu-
nal, with perfect confidence my integrity can in
mr. xUlsa ha INN hv ~
Mr.. OSBORNE then AYERS that Mr.. Sec
rotary Mason 1'is in no wise implicated in
these matters" IF he is not, who is! Did
$l55,00 find their way into Mr.. Os-
BoRNE's hands without Judge MAsoN's
knowledge'
The Unaon's anonymous correspondent
vouches for Mr.. DENNY. Mr.. OSBORNE
AYERS that he is himself no defaulter, and ex-
culpates Judge MASON. Why then does not
somebody pay up the money! One thing
is certain. Between these three gentlemen
the Government has lost $155, O00-and
yet there is nothing in the transaction to
bring on Sang one (else) the stigma of being
a public defaulter." We read in the good
book of riches taking to themselves wings.
Was this the case with these $3.50, 900!
But these funds of Mr.. OSBORNE were
in the hands of "various European and
American houses" Think of that! Safer,
too, than in the vaults of the banks, with
State and United States stocks lodged as
collateral security! The eggs were not
all in one basket, and yet they were
all broken. ssVarious" houses-various
houses-and yet all right with Mr.. DEN
By, Mr.. OSBORNE, and Mr.. Ma ON; and
the Union, which hates "dishonest" de-
faulters like "poison," gives the whole
concern certificate of good character.
Now, if it will only find some saltwater
jurist who will give legal opinion--'sa n
opinion as is an opinion"-to the effect
that the whole matter was within the hard
money, stone-vault, bar-and-bolt provi-
sions of the Sub-treasury-we think the
Opposition will be all ready to go to the peo-
pie on the various issues involved in Mr.
DENBY's case. Empannel a jury, put the
Union into the witness-box on the matter
Of character-prove that all the parties
are of the elite Of the distinguished Rich
mond Democracy-and, with Bunsby's
opinion to back them, we think they
might get special verdict of ''No defal-
cation-6ut the moneys gone"