The New York herald., 1870-02-12
TIE WAYS OF WALL STREET.
The Van saun Expose Injured Innocence State
Barr's Attorney and Spicy Com
nlunicatiou-Action Of the
Gold Board Committee.

TIC distinguished 1rm OF Van saun Il Co. anect
considerable Indignation vt the expose In the
HERALD Oh wednesday ana assume an air OF In
Jufed innocence not quite In keeping with the
grave charges made h, the published afdxvits ns 10
their mode OF elIectng loans for themselves and
transactDg business for Others They are deter
mined to light 1t out ana win proclaim their good
intentions until accused OF SPECIFIC act OF fraud
With the view OF doing exact Justice TO both parties
In the suit now pending a HERALD reporter paid o
visit to Van Saun Co.'s ofllce yesterday and re-
quested statement OF his side OF the question.
lie was received very gruniy and referred
to Mr.. Robinson, his legal adviser. Mr.
Robinson made lengthy statement but
did not ofier TO supply aildav,s in lis support
as ME- stevens the counsel for Mr.. Barr very readily
dld IN corr0boration OF his account OF the financial
eDleute. He said that Barr's statement Was made
for the purpose OF creating prejudice against Van
saun h Co.; that Barr proposed to settle debt OF
500 he owed to Van Sann & Co. by depositing
$4,000 In United States bonds In their hands the
balance OF the value OF the bonds 20 bo used as a
margin for further transactions. Barr then askei
Tor temporary loan OIL 500 Tor the purpose pro-
curing those bonds, but never afterwards returned
the money or the bonds. Several other clrcaim-
to the detrlment OF Barr also mentioned
IN addition to those already publ.shed; but beng
cannot be published.
our reporter subsequently called upon Mr. Samuel
and was HANDED the following letter and the accom-.
panying communication OF Me3srs Van Saun Co.
to Mr. Barr II will be remembered that the alleged
criminal transaction, for the punishment OF which
the suit against Mr. Barr was brought, occurred In
September. Van Saun's letter IL written in Novem.
Der. MIR. stevens wishes to be understood that he
responsible lor the truth OF the statements made oy
hun 10 the HERALD reporter. The alldavit OF Mr..
Barr was made IN his presence before Mr.. John ii.
Swartz, Commissioner OF DEEDS, &c:--
II NASSAU STREET Feb. H. 1870
To THE EDITOR or TIE HEaALD:-
an ssposoa ia tie HsaAID d certain Wall street trans:
se.ons ask permission to state your article was
hands to support the assertions therein made Van sAun
for Mr. Barr and fdnshed your reporter his
% s ,aT' @ sea II my s .s Van sa
nlshed, have further proofs Of the criminal intention Of
Van a Mr. Barr rspi show tho .
~'''' ''' A' sSaS& s,i S STEVENS
Counsellor AMI Attorney At Law
"a BROAD STREEr, NEW York, Nov. IL, 1889.
DsAn SIR You h,vs failed to keep your appointment
INFORM that We do not feel disposed 70 delay the matter
nSon In c.ss q s on yo"r ps
aceeie to the above we shall proceed to prefer ehargs
Odcers Of the Seventh Resimen, the First company
money under false petences wo hope you Tho
cessisY of complying with our don'and yspr. &s,. o
Mr.. Henry Augustus Wheeler, OF Pine street, who
Ii In the insurance brokerage business writes 10 say
that no IS not Augustus Henry Wheeler OIL the firm o
Van Saun Co., No. Broad street. which Is supci
1uOus
Ths committee appointed by tho Gold Board 10 In.
vestgate the charges OF Samuel y. Barr and j. Dowt
against Messr5. Van Saun n Co.. were IN session yes
tortay, but the result OF their deliberations
made Known report VIII probably 90 presentet
to the Board to-day, but II IS very unlikely VIII b.
unfavorabe TO that firm. Persons who transact thu
Kind OF business mentioned in the anidavlss pub
shed birds TOO sharp to be caught with chat
and are sure to nave their books IN applepe order
lf reliance can be placed upon the rumors current II
Wall street yesterday however IL Is quite likely tha
the affairs OF Van Saun Co., aud otGcr 1rms SINH
ary situated, Will be shortly made PLAIN 10 the pub
lie