New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1864-06-16

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negotiating for the surrender of bond, $25 split
them, and finally twas settled by his twitnessl
agreeing to pay 500 before o'clock that day, Stan
ton saying as Smith reported that he wanted to use
that amount that day. The money was paid and
bond had.
The appearance and intelligence Of this witness,
repeatedly recalled and carefully questioned, car
ried conviction to the minds of the Committee that
his statements were honestly made intended to BIO
truthful and we're trustworthy.
1t is proper and just 70 state that tho broker,
Smith, testfes he only negotiated with ID. Cady
Stanton; that he never approached II. b. Stanton
about the sale and surrender Of bonds that TO and
with the surety already spoken of he only made be-
lieve doing So he pretended to the elder Stan
ton about it, &C.
The appearance Of this witness during his hrSt
examination produced an unfayorable impression
upon tho Committee. The impression was
strengthened rather than removed BY recalling him
second and third time.
1t perhaps worthy Of note that there is no EVIL
donce that the admitted seven or eight distracted
bonds were ever recorded in the outer or adjacent
room.
1t is admitted that II. b. Stanton controlled tho
bond business; it is admitted that from the first
the bonds were not taken according TO the law
authorizing them; it appears that many OF the
bonds were of deceptive and insufficient amounts;
it further appears many of the bonds were defective
in important formalties; it is proved and admitted
by the two STATIONS and Smith that the bonds were
invariably locked in IL. b. Stanton's own desk the
first night after they were executed.
ID. Csdy Stanton swears he never distracted over
eight bonds-never any bond until some days after
execution. II is proved that large bond was de-
lvered up inside of an hour after it was executed
it is admitted and proved that Custom-House
broker prcessed to negotiate terms of sale and sur
render of bonds with H. b. Stanton.
1t is proved that in one instance he entered II. d.
Stanton's private room, avowedly to make such
negotiation; that Immediately after coming out,
circumstance previously connected with surety
followed, in which H. B. Stanton was direct par
ticipant.
1t is difficult to believe that the broker Smith
could have negotiated the surrender Of the $4,000
bond with young Stanton, in the presence of two
or three other clerks, passing in and out several
times to consult the party thereto; and that with
no previous knowledge or intimation TO that effect
H. b. Stanton should happen neither to question,
nor properly swear the surety, who was party
negotiator TO such arrangement.
Various other minor corroborating circumstances
appear in the testimony taken, to which, however,
the committee will not specially advert believing
they have in this presentation and summary of the
bond business "nothing extenusted or set down
aught in malice
1t is theory if not prescrptiye practice that the
superior is responsible for his subordinate. To en-
extent this official accountability is proper and
necessary. Circumstances determine the and
the extent 10 which this accountability attaches.
The Collector, Mr.. Barney, recommends but does
not directly appoint his Deputies it is also true
that his duties as Collector Of the great commercial
port Of New ork, inevitably constant and mutifa-
rious necessarily forbid personal inspection ifnot
supervision, Of all the bureaus. Yet ii would seon,
from his own evidence, he cannot be held wholly
blameless in tho faulty form Of thisbo He tcs-
fcs, with considerable particularly that the form
of the bonds was submitted TO him for approval.
Certainly il is not creditable that form 30 radi-
cally imperfect should have been in daily use for
series of months, in some thousands of instances,
ere it was made conformable to the law authorizing
it, As the result of very considerable inquiry and
investigation, the Committee are constrained TO
believe that Rebel emissares in several Of the West
India Islands are yet receiving Northern shipments
which are duly forwarded or find their way into the
insurrectionary States. 1t is significantly said:
"Our trade with the British Indies and Cuba has
increased 100 per cent since tho breaking out Of the
Rebellion"
The profile character Of this trade is not O matter
of conjecture or of knowledge derived from inspec
ton of Custom. House records. In one instance
some eight or nine cannon, boxed and marked
hardware" were shipped per steamer Indus, from
Ncw-York TO Nassau. In another instance, about
80 bales Of blankets marked 70. S. A." were put
on board steamer in that trade after she had
cleared at tho Custom House and was anchored in
the stream; the blankets were not cleared at the
Custom-House.
Recently an extraordinary trade has sprung up
with Mstamoros, neutral Mexican port, separated
by an uncomfortable ferry from Brownsville, the
distributing entrcpot for large section Of TeIan
territory. In 1861 there was but ono arrival at
New-York from Matamoros. In 1862 there were
twenty arrivals. In 1853 there were II arrivals.
In 1864, to the 18th March, there had been 81 ARR
walls. Prior to 1861, o clearance TO Matamoros was
not asked for year. Will 1t BIO beloved since
August of that year l52 vessels, with an aggregate
tunnage Of $1,000 tuns, having on board large car
goes, have been cleared for that destination, and
that ell this is legitimate trade for homo consump
tion in Mexico7
The Committee have no means at hand Of know