New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1872-07-25

treaty II we had Coles's, Beas his commission
should not fear the result AS 1t H. they VIII nave 70
prove that they acted under order and that VIII IN
all probability hts release, bat II may lead TO my
reliable source that this hast proposition has been
pressed upon the Canadian authorities and they nave
recton unadvised by shall consider it my duty to
where am, and abide the ISSUE should pre-
fer IL he possible, 10 have your views on the subject
Capt. Cole il still prisoner JohnsOns Island, in ODE
dence to your suggestion, far as 1t practicable.
A FINANCIAL SCHEME.
Soon after my arrival here urged the people in the
North to convert their paper money into gold and with
draw it from the market. satisfied this policy
adopted and carried into effect extent, but how
extensively am unable to state. What effect IL had on
the gold market 1t impossible to estimate, but certain
IL is that gold continued TO appreciate un II went 10
200. The high price have tempted many 10 cnaIge
their policy, because afterward gold fell IN the Market
to l5O When it about lso and expectation OF g9d
mand for il, Mr.. John POtterfied, formerly banker
of Nashville but now resident Oh monir'al,
proceed TO New-York and carry out financial
policy OF his own conception which consisted IN the
purchase Of gold and exporting the same selling u Tor
sterling bills Of exchange, and then again converting MS
exchange into gold This process involved certain ~,
oss.the cost of transhipment He was instructed Oy
Mr. Clay and myself TO with his policy until nc had
expended $4,000, with which he supposed he would snip
directly S50O00 and induce Others to ship much more,
and them If the effect upon the gold market was n9tVer
pereepible he was to desst and return to Canada ana
return the money unexpended BY his last report no
had caused the shipment of more than
at an expense or less tnan III
seems that Mr. Lyons, who had been former partner
OF Mr.. Porterheld arrested by Gen. Butler on the
Lyons had no connection with Mr. Porteried in mis-
transaction yet he thought prudent to return to Can
ada and while he retains the unexpended balance OF the
$4,000 to carry out his instructions, he has restored
$4,000 / must confess that the first shipment had
ion that this theory will work great damage and dstrus
IN the Federal finances II vigorously followed up, and If
no untoward circumstances should interfere with the
STEAMBOAT rScEsDIARrsM.
Soon after reached Canada, a Mr.. Minor Major Wis
tied and represented himself accredited agent
from the Confederate States destroy steamboats,
the Mississippi River, and that his operations
pended for want Of means. advanced TO him 600 in
Federal currency, and after several boats
burned In st. Louis involving an immense loss OF prop
sented to of being the author Of this burning aud
from that time both he and his have been In hiding
and consequently have done nothing. Money has been
advanced 10 Mr.. Churchill OF Cincinnati to organize
corps for the purpose Of incendarism in that city
consider him man, and although yet he has eff
fected but little, in constant expectation OF hear
Previous to the arrival OF Lieut-Co Martin, Lieut..
Headly brought an unsigned letter from you All the
different paceswhere our prisoners are-Camp Douglas,
Rock Island. Camp Morton, Camp Chase, Elmra had
been thoroughly examined, and the conclusion was
forced upon VA that all efforts to release them without
outside cooperation would bring disaster upon the prison
ers and result In no good All projects OF that sort were
Hines still believed he could effect their release. We
plans plausible, but treachery defeated him before
his well-lad schemes developed. Having nothing
corps burn New York city He was allowed 10 do
and most daring attempt has been made to fire that
misfortune. 1t cannot be depended upon as an agent In
such work have no faith whatever IN H. ana d dE at
ton with any such materials
THE STEAMER GEORGIAN.
I knew nothing whatever Of the raid on st. Adams
until after it TRANSFERRED. Desiring to have boat on
whose captain and reliance could be placed and
on board Of which arms could be sent to convenient
L. aE.aI Co.,
operations on the lakes aided Dr. James T. Bates OF
Kentucky old steamboat captain IN the purchase OF
the steamer GEORGIAN she had scarcely Deen trans
and armed for the purpose OF sinking the Michigan
ing the shipping on the lakes ana the ctes on 1heLa
margin. Tie widest CONSERVATION prevailed III an tne
on board four regiments Of soldiers we're sent there
two OF them represented 10 have been drawn from the
Churches broken up on Sunday. The whole lake shore
was scene OF wild excitement Boats were sent OUT
which boarded the Georgian and found nothing contra
band on board but still the people were increduous
The bane and of carrying out anything IN TINS
tectyes or those ready to give information stand at
every street Two three cannot Interchange
an demorazed the leaders the Sons OF Liberty that
new organization under new leaders has become an
absolute necessity. This is gong forward with
Sreot yieor and success The new order is styled |
" The Order Of the STAR There Is general
drpft II ia purely military and wholly independent Of
politics and politicians 1t is given out among the mem
and the name has its significance the stars on the
collars Of Southern officers There no reason 70 doubt
that tho masses TO large extent or the North are
brave and true, and believe Lincoln Vrant and
usurper ~ ,rn,,n,s,,
During nv stay In Canada great amount Of property
has been DESTROYED by burning The information brought
TO me as to perpetrators is so conflicting and contra
dictory that am satisfied that nothing can be certainly
known Should claims be presented at the War ONCE
for payment of this kind Of work not one dollar should
anvD
concerned may have an opportunity Ior ah1g out anu
presenting proof several parties e 10 Rroon
Philadelphia, and at Cairo. Wlthn the last Few
days Dr. X. j.. Stewart Of Virginia a,. has
this place. and mysterlously informs me
that he has plan the execution OF something which
has received the sanction of the President He Is III
draft on nue. in gold which has been lost on the
He has sent back TO Rcnm0nd TOT a snto
cannot doubt his word, but OF course, 40 not leel
authorized to advance hum money without your
authorfy or that of the President. have, however,
been constrained to advance him $500 III Rold on ms
ritten staement that unless the was placed in
his hands the lives and liberties Of high Confederate
Owing TO the i'll health OF Mr. Clay, we separated at
Halifax and since then have not lived together.
Though we have been in consulting distance. AS lne
money was an o IN ana as he desired to have sum
placed in hands, and at all times subject 10 MS per
ona control transferred to him s936ii. for which
hold his receipt and which he promises to account TO
the proper authorities at home rxDvvnvn
Including the money turned over TO Mr. Clay all or
which he has not yet expended, the entire expenditure
as yet ON all accounts, is about 100000. still hold
three drafts for 100000 each which have not been col
leeted Should you think it best for me TO return,
would be glad to know In what way you think had
hest return with the funds remaining on hand Infer
from YOUR "personal" In The Hetc-Yo Heus that
N A. 'your wish 1 should remain here Tor the
present and shall obey orders Indeed have 80
many papers in my possession which, in the hands OF
the enemy would utterly ruin and destroy very many OF
the prominent IN the North, that due sense OF my
ohI tiont 10