The sun. [volume] (New York [N.Y.]) 1833-1916, 1862-01-17

dcmu in general, ard this transaction in par
| ticular, for tjb 900.
The Penguin, a steam propeller, three years
| old, WITH machinery considerably worn, burden
3S9 tons ws bought by Commodore Brssse, q
| naval officer Of professional skll," pre-
vensd TO know what service IL required o
| such vessels"
the officer and the system both commanded
by the Investigating COMMITTEES ~ preferable
10 that which tho department had adopted.
For the Penguin, which was Of less tonnage
tilAn the Stars and Stripes, and two years Uldsr
| Comnodore Breose paid t75, 900.
The Albatross, another steam screw propeller
Of 31S tons, three years old, OF the same class
elso "a the Stars and Stnpos except her age,
which is grostor, and her tonnage which Is l.s-,
was bought by the same naval officer, under
'hc eau. system, for $4,000.
I have p~rsona'ly known Mr.. Morgan. VIII is
thus n presented, from mis- youth, and for the
last tv enty years a. an activs bI,noss member
ot firm largely engaged ia impoftationa--a
conn erciAl house owning purchasing, selling
ard oNNteinV vessols aud who ID h,mself &C.
quired fortune in successful business pur-
suits II Is a gra'ifcation that cvorv blsi-
les man who has expressed an opinion to
me, ON tho subject, take au oGtifuly uller.
cbt Wow from tha X put,, and no inc Jusi-
dtra'le p,Tiiun OF the la'F,st chip owners
and merchants have hn'ne voluntary ts'ti
7 OnN 70 l'n FtN Uur lut q .lNNa't. ~ NA u
NJ. Morgan for this employment. ti, skill, IN
tal,ri y, and great energy Z c'aio',r Whls
the report dopreC atrs ~. petty sui ab'lit, 4,
eminent merchants ct Nov 70 h as.ure iae that
'the put,h.s,s m ado for tho Navy Department
ir thi, city by Mr. George ID. MORGAN were
made with integrity, ecouom, a1C ability, and
~ the great advantage ut the Government, aud
ihe mm,s-ou he received ttum tho d, Hers was
in scco danco with the usual mofcAutls Gus
tom.
To 10, under the compulsion ora great cmor-
genCy, ard AZ the suh1cquent eel Of Congress,
into that open market which NJ appears by
'hc NN~, th,a government always wisely breads
To enter a. putch,sor, oven in the nor4Nns
Ci tts most trusted CniriA ais; 10 arm ,uyfelf
and my agents, than, with all manner Of pre-.
cautious and guN-suti,s against mistake or
fraud, or foul dealing, ~ shat the temptations,
ard embhrriomouts, and hot'gug opplrtuni.
tios Of wrong and evil in tia, sum Of traffic may
he set at defiance thus almost 10 oxtempori1o a
navy by purchasing all tho best needed ves-
s,ls oi the best pos'ihle qu ility at the lowest
pos4hle cost 90 tho Government to AVOID
all violation Of law, and, Ia 20 sr as possible all
departure from tho accustomed and appointed
mothods and terms Of such business, 10
that when tho gON ernmont was protected, ,
the soll,r being dealt with ace ,rtiing to
tho u-ago fixed by himselL should not bo
oppressed, 10 pay out rot one dollar from
tho treasury save whom | had first receive
3D. In tho substantial form Of ships and
shipping property, Us utmNs' value; and
finslly, thus to bo able to Look back upon
tho result 10 tho government of tho whole
transaction a. its hest aud sufficient win.
dic,tion and prcise hoso were tho ends for
which, without woariness and without coasing
but not without great anxiety, | watched and
labOred. la the ace mplishmlnt ol these ends,
| find 70 my own convictions Il c,n ,nscieHco
the faithful fuldllment Of my public duty
Very respectfully,
GIDEON wELLES,
Secretary Of the Navy.
TArENrST or yEgsEIA rUHunASEp nv GEoasr T.
MOHuAN