New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1861-02-13

there might not be more than SV mlsslDg Inc aoro,
tsement was prepared in haste, and before the 1uli
ipyesticaiion made by Mr.. Sammond Mr.. Williamson,
and myself was completed"
To avoid the inconvenience OF referring 10 aosuast
b, your Committee will state that w OF these ponas
were issued by the State of Missouri tor the St Lonls
and Iron Mouttain Railroad; 30 by the same State Tor
the Hannibal and ST. Joseph road; 81 for the Missouri
Pacific road; ~ by the State OF North CaronhS 9eu
January, 1856; i64 by the same State, dated July,
1877. no by the same State, dated January 1906 ID
bv the same State dated October 1856 by the sane
Stat. dated April 1857; Is by the same State, dated
October 1887; IA by the State Of Tennessee, dated
January, 1852 by the same State, dated January,
1854 10 by the same State dated JaIaary, lS55i Az
by the same State, dated January 1856; and 70 by the
same State dated January, 1857.
Some difficulty occurred in the identification OF the
North Carroll bends. Several witnesses stntea ,na'
they held bonds whose numbers corresponded WIN
those given in the printed list and az they had oee
held by Themselves those from whom they Obtained
Them long before those in the Interior Department
were abstracted they inferred tsat tne Ms w
ing NAV be found in this: The State OF Norm 'aro
lima issued bonds 10 aid in various enterprlses anu
these were divided into classes, each ctass naViDB
different date yet having precisely saihiiar sets
numbers. A party might, therefore, hoiu oohu
whose number correepOnded with number III ue
printed Est; but the bonds wond not De ldehllcai,
because b. longing 10 separate classes oes8hau 10y
different dates There seems TO have oeen no cause o
similar mistakes in reference TO the bonds issued by
other States. - ,,, ANN
THE NEGOTIATIONS BETWEEN MR. RUSSELL AND
AIR. BAILEY. .
William IT, Russell s the head Of the house Of Russeli,
Majors & Wsddell, firm widely known as con,raS.-
ors with the War Department for Transporting army
nroyisons over the western and southwestern plains;
Mr. Rusee stated 10 the Committee that he had heaid
in New-York of such man as Mr. Bailey, aIthough ne
did not exactly remember his name who had been IN
,h, ;,v 10 sell CLiriou securities and Florida bonds,
the latter for Mr.. Yulee, Senator from tha' o,ee'
When asked from whom he received the information,
he gave the answer usually resored to IN such cases.
viz. he could not remember" The next heard OF
Mr. Russell IL that he ia on his way from New-iork TO
Washington in company with Luke Lea, esq,
banker Of the latter city. Mr.. Lea was formerly Com
missioner Of Indian Affairs, and IL partner OF hr'
Russell ID the banking business at LeavenwoIth, Nan
sas In conversation that ensued between them, Mr.
Russell made known 10 Mr.. Lea his embarrassed CIT.
cumstanCes and asked if he MT Lea dd not know OF
some one that could assist him MIR. Ruttel MT Lea
ausw cred in the negative lie states IN bis tesnlohy
that Mr. Russell suggested that be had heard of man
in Washington BY the name Of Bllor, or Barley or
who was relation Of Gov; Floyd, ard an agent ioI
the negotiation sale Of stocks, and asked his rend
IL he knew him. Mr.. Lea was again compelled 10
give a negative reply, but stated that he knew man
there by the of Bailey, and Mr.. Rnsseil said ne
supposed lie WAS the man Of whom he was IN search.
II is very evident from Mr. Lea's examination tnat
he was both an artful and All unwilling witness. lie
had 70 be pressed with great pertinacy to induce him
IN disclose what he knew, and even then his answers
were SO interpreted with irrelevant and equivocal re-
marks designed TO relieve him from suspicion OF COM
picity that your Committee are compelled reluctahty
10 notice the absence of the candor and the frankhess
that they might reasonably expect TO ind in his re-
spoEses He was compelled, however, to say that he
informed Mr. Rnssell that Mr. Baiey was IN no eonul
ton to assist him-that he had no stocks or money
and was "as POOR as ANYBODY" Before separating
Mr. Russell seeming s,ill 70 believe that aid might be
obtained in the quarter indicated, requested Mr. Lea
to see Mr. Bailey in regard 10 me mater mn i Lea
that Mr. Russell had said that nj less assistance was
rendered, the acceptances Of Gov; FLOYD would be
protested and he would be compelled TO retire from
the Cabinet Mr.. Lea s, however, caretni TO state IN
his evidence that he gave no iatimaton TO Mr. Bailey
that he might the stocks lie had IN hs charge De-
longing to the Iodian Trust Furd. Mr.. G. G.. Wag-
ner who il nearly related 10 Mr. Bailey and In whoee
hands was fret placed his confession states in his evil
depce given Your Committee are pleased TO say with
full and honorable rankness that he learned from Mr.
Bailey that Mr. Lea did mention the stoke IN The con-
| versaiion between them. And, indeed, tbis would
naturally be inferred from the fact that Mr. Lea was
perfectly familiar with the business OF the Depart
ment, and knew that Mr.. Bailey had the stocks In
charge and had no large command OF private neans Mr.
Lea admits that delivery Of the first instalnen
of bonds 10 Mr. Russell he knew that Mr. Russell ana
Mr. Bailey were engaged in rifing Me Indian Trust
Fund safe that they confessed 10 him. that he had con-
variations with them the subject, and that be en-
deavored TO dssuade them from further commissions Of
| the crime He also states that he RETAINED from
informing the Secretary Of the Interior Of the trans
actions referred TO-, and that he exaGed tne most
solemn pledges from his two friends that bis name
should never be publicly known In connection with
the busness But his precautions have not ayaed TO
afford him entire exemption from responsibility IN con-
nection with tie transactions your Comnatsee nave
incurred into. Mr.. Lea did not Introduce Mr. Bailey
to Mr. Russell does he state that he appointed for
them place Of meeting. Yet IL happened that these
two persons did meet at the War Department on the
| same day the interview between Mr.. Lea and Mr..
| Bailey occurred. Mr. Russell says this was between
the lth and 18th days of July last. Ii was probably
on the 18th day Of that month The Chief Clerk Of the
| War MISUNDERSTANDING Floyds most ultimate
| friend Col w. X. Drinand-was the medium through
whom the introduction took took place On that day
they had Il cir first interview at the War Department
| Col DriDkard, az shown by his own evidence, i'm.
| pressed Mr.. Bailey that Mr.. Russell was man OF
great respectabity and pecnniay resources, and that
Il the acceptances Of the Secretary Of War were al
lowed to 20 TO protest. he the Secretary would he
greatly agonized and disturbed. Messrs Russell
and Bailey held private interview III the third story
| of the department, and within few hours there
after Mr. Bailey delivered TO Mr. Russell $3.50 900 OF
| bonds at the of the latter In Warrington
City, and on the same evening the recipient re-
| turned with them 10 New.York. Mr.. Russell states
| that be left with Mr. Bailey the note Of Russell
Majors Waddell in their stead as security Ninety Of
these $50 bonds MissOuris, and the balance Ten
nessees Mr. Russell does not recoect at first whether
or not the January coupons were on inc bonda but
states that subsequently the most of the bonds were
retired by him in order 10 obtain those coupons TO
turn to Mr. Bailey as he Bailey was positive in his
request 10 have them returned. The coupons having
been taken Oh, tDe DOHub VI.
The object was Of course, TO conceal the fraud for
the coupons were hand, it not probable that
the bonds would be demanded or inquired for.
According 10 the statement of Mr. Russell there was
no further correspondence OF communication between
Mr. Bailey and himself until the September following.
At that time he returned TO Washington for the pur-
pore Of obtaining others An interview was held with
Mr.. Bailey the result Of which was that 3S7 bonds,
In addition to those first taken, were transferred to
Mr. Russell on the following day. The protection of
the honor of Secretary Floyd the necessity Of provd