The daily union. [volume] (Washington [D.C.]) 1845-1857, 1851-01-15


intrigue, accused Of violating high public
trust by using the public money for communicating such
Intrigue. The lips Of Mr. Polk sealed in death but
he must have lived 70 e purpose " he had secured
himself saiconcy OF public confidence Ia his honesty
10 shield his character against such lmputaton lie
attempted 10 be cast upon H. For myself, emphati
caiy declare that never exchanged word with General
Cseros, authorized any other to do ior The
subject of the purchase OF the Globe and that
knowledge Of the entertainment OF aay wish, viii
ngness. intention on his part 10 purchase that news
paper IL 500 600 any other placed IN deposiie
with the Middleown Bank-oi which have not at Ibis
time the slightest recollection, but which may very well
ha been doubt that done for reasons entirely
satisfactory TO the Secretary OF the Treasury and on Sc
ouIties OF the ample character and II Me- Walker
the Secretary the Treasury under Nh Polk did not with
draw the fund until 1871 aud then ia the set forth
by Mr. Rives, IL proceeded doubtless from considerations
wing reference the public interests, and from
other He fully equal the task Of explaining his own
course. Upon the expiration OF my erm lett in the
treasury from seven 10 eight millions Of dollars OF surplus
funds all resting most perfect securities their safety
being increased by the fact that oveharge not
deposited with any.
Here take the subject sud subscribe my self my
dear cir with sentiments Of high respect yoars, &c,
JOHN TYLER.
Thomas RronlE. esq, Editor OF the Union.
a Mr. Walkers siatement
As regards Mr.. Secretary Walker, Ito whom reference
is made by ex President Tyler assault made on
him by Mr. Rives; the $50 900 deposited by Mr.
Walker, but by MIR Bbb But we have called on Mr.
Walker, and he authorizes to say that he has no
knowledge whatever of the reasons which induced Mr..
Bib select the Middleown Bank as depository nor
did he (Mr WakeD ever have any conversation in re-
gard to that deposte with Mr. Tyler, Mr. Polk, or Mr.
Bib, or with any now or al any time connected in
any way with the Union newspaper with the Bank of
Middletown. The deposite was made by Mr. Secretary
Bib the 4th of November, 1914, when Mr.. Walker
was in the State of Mississippi When Mr. Walker be.
came Secretary of the Treasury in March. 1885, he for
the first time observed that his predecessor (Mr Bbb)
had large sums-amounting TO millions OF dolars-de-
posted in many banks, and, among the number, $50 900
in the Bank OF Middletown, a deposte of United
States stock collateral security By the 9TH section OF
the OF nth June, 1884, (Which in full force when
Mr. Walker became Secretary OF the Treasury Congress
not only sanctioned the deposte of the public moneys
the different BANKS" but forbid the Secretary of the
Treasury from changing them except for comp
ance with the instructions of the department the fail
ure to furnish sufficient security Under this act then,
Mr. Secretary Walker had no power under the ccum.
stances to change the Bank of Mddetown for any other
depository.
Mr. Walker did, however, as is shown by the official
record transfer IN SPECIE in June, 1915, $4,000 from the
Bank OF Mddetown to the mint at Philadelphia thus
ducing the deposite of the bank $4,000 BY this
ducton this balance of 900 left in the bank amply
secured by the prior lien of the government all the
property and capital of the bank also by the pledge Of
United States stock made with Mr. Bib in 1914, and re-
tanned until the debt of the bank quidated. This
was the condition OF things in December, 1885, when
MI. Polk, in his first message, and Mr.. Walker, in his
first annual report strongly urged the discontnuance of
the State bank depose system, and the establishment Of
the constitutional treasury This law passed the
sth of August, 1916 but, by lis 14th section, Mr..
Walker forbidden to the balances of de-
postes from any of the banks then holding them until
after the LIST of January, ls47. Thus up the LIST OF
January, ls47, Mr.. Walker could not iawfully
tina, depos,e from the Mdde,own Bank. A11r hatd date,
list January ls47) Mr. Walker was authorized by Con-
gress ai his disrs.ion to transfer the balances remain
ing with any Of The present depositories" "as he may
deem the safety of the public money the public
nience may require"
i In pursuance of this authority, Mr.. Walker in May
and June, 1s47, did direct these balances from all the
banks to be gradually transferred in specie to the de-
positoes, being chiefly the assistant treasurer New
Orleans and in pursuance OF this direction all The banks
did thus transfer in June July, August September and
October, the balances remaining with Them and closed
their connexon with the government Eigh, or nine
banks, bdnk, Coseu AT
same time their connexion with the government and all
were placed on the footing II appears, them that
Mr. Walker deposited part OF this money in the Mid
dleown Bank and that he retained longer there than
authorized by the law
We are, in conclusion, authorized by Mr.. Walker to
say that he has knowledge conjecture TO
the from which the money obtained for the
purchase OF the Globe by Messrs. Richie Hess
L uIl.J ,,h 10 l,,,
CARDS that purchase.
i MAJOR Hei.'s Letter.
i .#n WASHINGTON, September T. 1850
My DEAR friend has Just called my attention the
living nd article in the New York Evening Post
OF the 5h in relation the puschase OF the Globe
paper. .s#..
As John G. Rives particular in furnishing list
of those "wenty hundred dollar the Bank of the
Metropolis" which paid him in part for that paper, he
perhap can be particular in furnishing the number OF
each note the color of the ink with which signed
1t may be i'm porant for the world be informed this
subject hereafter. aa .l,auHa ra1 SIZES .a.g" J.
Those twenty hundred dollar notes did from
Mr.. Polk. But am satisfied and, If 1t will be any salts
faction for Evening Posto know it. will state that If
had gone that great aud good man. and solicited loan
of twice that amount, 1 could have had It, 1875
II perfectly ridiculous contradict the
the Post in reference Senator Cameron. We
received dollar from him loan did he advance
one dollar towards the purchase Of the Globe
pa The is almost absurd the started
some time since by the Hon. John Wentworth and he
had the presumption retail the SANDER in my
ence was. that the Hon James Buchanan had advanced
opurch NV inter in Everv