The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1866-05-14
FROM WASHINGTON.
The Collectorship of New York.
4tNt1's of the Mercha2ats'
I'd National Bank.
DOCUMENTS RELATING TO MEXICO
LECTURE BY GENERAL HENRY A..
WISE.
WASHINGTON, Nav 12.

WASHINGTON, May 12.
Inc collector of Customs for New Yorkiis
here to-day to fie bonds and make other pre
paratlons for entering upon the duties of his
office next Monday.
John Bull, bank examiner, has made a re.
port to Hon. Freeman Clark, Comptroller Of
currency in which he says:
"On the oOth day OF April, ult, informed
you That the examination of the National Bank
OF Baltimore City, Md, was then being made
and indicated that the Merchants' NationaI
Bank OF Washington. had been, or was likely
to be loser by the use of Bayne & Co., OF
Baltimore, to an extent which would make an
early examination into that bank desirable.
Whereupon had the honor to receive your
instructions to proceed with the examination
OF said bank at the earliest practicable mo-
ment. The remaining investigations in that
city throw much light upon the affairs of the
Merchants Bank; among other things, certi-
ned checks OF Merchants Bank to the amount
OF S!1o,ooO We're pledged at collaterals, of
which no record is found here In compliance
with such instructions, an examination of said
bank was commenced on Monday, 7th of Nav,
and is still progressing. The first step taken in
the examination was to cause statement to
De prepared from the books of the bank show
ing the amount of liabilities and of its re-
sources. A condensed copy of such statement
IS herewith enclosed, marked appendix A.
simultaneous with the preparation of such
statement, an examination of the assets found
in the bank was made, and careful scrutiny
OF accounts of other banks and individuals
was commenced with view to the verification
or otherWlse OF such statement. Already it is
made manifest that large discrepancies exist
IN the accounts of some of the creditors as well
debtors hon soho Ixr& &l,o L
OF the bank on one side, and the statement of
accounts received from said debtors and cred
ltors within the last three davs on the other.
AS examples OF these discrepancies, it may be
stated that there is a difference of about $780,
uoO In the indebtedness of Bayne & Co., as
SHOWN by their statement of accounts received
the 10th inst, and difference of about S29.-
OO0 In the credit of the Union Bank OF Mary
land, as stated by the respective banks. 1t be-
comes plain, therefore, that the adjustment of
these discrepancies must be made before a
certain knowledge of the amount of liabilities
and resources can be obtained There are.
however, several of the most important iiabili-
ties which are fixed and definite, and upon
these l shall proceed to make detailed re-
port.
The first liability of the bank is for its cir
culatmg notes ou tstanding. This is as fol-
lowing, viz:
"Amount of circulating notes received
from the Comptroller of the Treasury, $780,
900, less mutilated notes found in the bank,
$50. Amount circulating notes outstanding
$179,S1O.
There is in the hands of the Treasurer of
the United States, to meet this liability, the
following bonds, to wit: five-tWenty bonds,
S2OO,OOO. On these bonds there is due ac-
crued interest in gold for six months, ending
the 1rst OF May, instant, amounting to $4,000.
This, counting the bonds and interest at their
par, and not at their market value, which
gives 100000 with which to redeem the out
standing circulation, without making any al
lowances for notes likely to be destroyed
This sum is unquestionaby fully sufficient for
the purpose, with surplus of S26, 100 availa-
BILE to meet the liabilities OF the bank.
The next and most important liability of
the bank is its Indebtedness to the Govern
ment of the United States and to disbursing
officers and agents of the Government The
following is statement in detail of said in
debtedness as taken from the books Of the
bank, and it is believed to be entirely correct
To the credit of the Treasurer Of the
United States, $57,03l99; to the credit of the
Treasurer OF the Post Office Department, ST.
535; total, S5S,566.99: to the credit of dis
bursting officers and agents, as follows: Lieut..
Col. Hodge, Paymaster, $S5,000; D. N. Coo
IS,S SU,SZ
Maj. Thos. H. Gardner, Paymaster, S5,376 80;
Tbos. j. Hubbs, Disbursing Clerk of Treasury
Department, $25,200; Lieut., Col. E. L. Paul
ding, Paymaster, $500,S51.76; Lieut. Col Pot
ter, Paymaster, $11 ,807.47; Fl. A. Risely, Su
perintendent and Special Agent, $24,542.36;
Brig. General III. L. Robinson, $220.90; Lieut.
Col. W. B. Rochester, Paymaster, So, 81: E.
Lilly, Superintendent of Indian Affairs, S.
O63.95; Maj. j. S. Stewart, Paymaster, $S1 /;
Mai. ID. Taylor, Paymaster, 5000; Winneba-
go Trust Lands, $3,346.70; d. Olmstead, Post
Office Department, $22,15707. Total $780,
312.57. ="
There is in the hands of the Treasurer of
the United States, for the especial purposes of
meeting the liabilities of this bank to the Gov
ernment, 100000 in 7-30 notes and $4,000 in
l0-4O bonds, amounting to 100000. To show
to some extent how this large item of the in
debtedness to the Government and disbursing
officers was created, deem it my duty to re-
port to you certain facts derived from sworn
statements as follows, viz: On the Doth of
April last, several interviews and consultations
were held by or between interested persons
and others, the object of which was to arrange
for the transfer of funds to the National, and
by the bank to Bayne & Co. for the avowed
purpose of saving Bayne & Co. from suspen-
sion, and thus saving the bank. 1t is said to
have been fully explained and well understood
by the persons present at these interviews,
that unless Bayne & Co. could secure from
$150OOO to $250,O00 without delay they must
fail, and that this failure would involve the
future Of the bank. The persons known to have
been present at one or more of these inter.
views and consultations, and cognizant of the
condition OF the bank, were VIM. L. Hych
G. A. Sherman, President and Cashier Of said
bank, Mr.. G. W. Boteler, Jr., and Mr.. Oscar
King, Directors, L. P. Bayne, of Bayne & Co.
baltimore, Mr.. Huntington, Cashier of the
First National Bank, Mr.. FrisseI, Assistant
Cashier of the National Bank of the Metrop.
oils, and Lieut.. Col. E. E. Pauding, Paymas-
ter OF the U. S. A.
WASHINGTON, May 10.
The last installment OF documents relating
to Mexico makes between 500 or 900 pages
1t appears from that, on the 5th of January
Minister Romero sent document to Secreta-
ry Seward, showing in the first place that the
assassination OF Gen. Artego was premedita
ted and executed by orders from Mexico anG
by command of the French General-in-C Chic
OF the invading army, or by the French agen
in the city on Feb. 10th. Minister Romero
called the attention of Secretary Seward te
the fact that Maximilian has negotiated til,
exchange OF prisoners with General Policot
| alter refusing beligerents to Mexico. o.
| March 2Oth he notified Secretary Seward O
the execution of Col. Carlos Garicacon, b.
ImperialistS, which he states is nothing bu
real assassination.
Secretary Seward replies March 18th, 1896
as follows SIR:-I have the honor to &C
knowledge the receipt of your communica
tions OF January 5th and 22d, and Februar
goth and March 10th, 1866, with their enclo
sures, which relate to the decree issued Octo
ber 9Th, 1865, by the SO called Emperor {
Mexico, in which the penalty of death is dc
clared against all Mexicans found in arm
and defending the integrity and independents
Of their country, against the forcible intel
vention OF France in that Republic.
You further inform me this penalty has a,
tually been visited on Major Gen. j. M. Olt,
ga and several Of his companions in arms, r,
Gently lie prisoners by the rench. In r,
ply, it is scarcely necessary for me to assul
you that the Government of the Unite
States deeply regrets the faith which has owe
taken these brave champions of the cause
liberty and republican institutions in Mexic
and fully deprecates the practice of systel
of warfare so little in consonance with IL