New-York tribune., 1867-02-08
THE GOLD SALES.
REPORT OF THE VAN DYcK INVESTIGATING COM
MITTEE.


MITTEE
WASHINGTON, Feb. THE Joint Committee on
Retrenchment, who were instructed, by resolution
of the House. to inquire why, in the present strin-
gent condition of the New-YOrk money market, on
January 49, the currency balance in the Treasury
in that city is constantly increasing; whether SAID
increase, any part of it, arises OF has arisen rom
the sale Of gold and whether any agent OF the Dc
partment, or any officer of the Government mas,
within the last thirty days lent gold belonging 10
the Government to any person OF persons OF 10 any
institution and if so, to what person or persons, OF
to what institution, upon what consideration, 1or
what purpose, upon what security, and 10 what
amount reported to-day, through Gen. Schenck, as
follows:
This resolution assumed the existence of certain facts
"A 10 the accounts of the Assistant Treasurer in New
York and implied grave charge against his Official
integrity and fidelity TO the important trust commited
TO his charge aud hence 1t deemed proper to summon
that officer and examine him TO these allegations
Before doing so however the committee requested the
attendance before them of the gentleman who had intro
duced the resolution for the purpose of learning from
him the sources of information upon which the resou
tion was predcaed That gentleman had In the mean
time become satisfied that the information on which ne
had acted was entirely based on those runors when e
being continually invented and set aoat by persons VINO
have real or fanced interests to be subserved by aec
ing the money market at the great commercial center
the extent 10 have on that sensational
community. He, therefore, expressed desire 10 Wtha"
the resolution offered by him. to that IL be re-
scnded But the matters involved In the inquiry WSe
of such grave consequence to the interests OF tne
and as they implied serious misconduct on tne part Oh
highly responsible public officer, the eonuttee neter
mined to probe the allegations TO the FULLEST possible eA
tent For this purpose, after having examined fuy aud
mnutely Mr. Van byck the Assistant Treasurer at New
York the committee summoned Mr.: John +. Iracy @ Ine
person on whose statement the es1d'In T ~ rnsd o
that he really knew nothing OF the matter aegeu py %
Tor the effect of such transactions alleged to have
taken place upon his monetary Interests ana AT oncc
Summoned every person from whom he alleged that he
had heard the rumor as to tho doings OF the ASsls
cold and On examination of those of them whose presence
could be secured and examining others who were sup
~ ~ 70 IL was found impossible to trace It TO any
responsible source 10 appears from the testimony OF MT
Treasury at NewYOrk not constantly increasing but
that in that respect he is doing simply what Is actually
ernment and course there being no such increase 70
account for 1t cannot have arisen from the sales OF gold
loaning OF gold belonging 10 the Government, the
Committee beg leave to call attention to the
sy %hch it s provided That all Officers aud other per
charged by this act or any other act Win the sae
keeping transfer and disbursement OF the pubic moneys
are hereby required TO keep accurate entry OF eacn
sum received and OF each payment or transfer ana that
~ any of the said officers shall convert to his own use IN
any way whatever shall use by way OF Investment IN
any kind of property or merehandse or shal loan VIII WIN
exchange for other funds, except as allowed py TINS
ACT any portion the public moneys ntrsted 10 him Tor
sae keeping disbursement transfer OrfOr any other pr
pose every such act shall be deemed and audged 10 DC
einbezzement of so much OF the said moneys as sna
be thus taken, converted, invested used loaned de-
posted exchanged, which is hereby declared 10 De
felony" Mr.. Van Dyck expressly and emphaucaiy
denied that he had violated the law IN TINS
respect, and his explanation OF TIM manner IN
which business h done IN his office shows the lmprooaD
ty OF any such thing alleged having occurred ana
HIS own emphatic and peremptory denial i0ed the pre-
sumption OF such criminal conduct on Ms part hhu o
tl,a
ne had been so guilty unable TO subsantiate their
charges In any way 10 base them upon anything more
than mere street gossip The foundation Iot
the story have been the fact that about the
time referred 10 In the resolution certain operators IN
gold much gold In the market than they cOnld
prshlv have possesson that this r. no uncommon
o. rra' 90 as the Committee learned by the examination
or ors connected with the stock and gold boards anu
noi I'D Mr. Van Dyck expressly negative and en-
phati,1.'y deny the charge that he had loaned the
1iover-.f ent gold 20 any persons or lnsututions'
but tho person TO whom the rumor attributed his
alleged loans OF Government gOld, ueltd tnht nc hai
ever received gold from the Government IN any such
way and stated expressly and specifically the sources
whence he got the large quantities Of gOd the SAFES ol
which had affected the equannlty OF certain ,ihss
OF operators 10 Is but just 10 senator Griines
name was mentioned 10y the Hon. B 4. COOK AS hhNlhg
stated that he had similar nformatonto state tat u
appeared 20 the Committee that Senator brcs hhn ah
assumed 20 have knowledge on the subject Dui
merely when applied 20, remarked that ne hha
seen such In tho Money Article OF Inc Ae
Herald three successive daysand had read e
Ter from person In New-Nor alleging that snch M.
there Is no foundation whatever for the statement allie
CATION and charges contained In or implied by the Nous.
resolution of January 49, aud ask Ia be discharged ir
the urhsr consideration Of the subject, The COMMITTEE
append hereto the statement OF the Hon Mr OOoA anu
tie testimony Of Mr. Van Dyck and Mr. Tracy.