The Richmond palladium. [volume] (Richmond, Ind.) 1855-1875, 1872-08-03


at.a given hoar Acting Master
BeaA WaS 20 appear on 4 boat,
to be ebsained fof the purpose; with
q sufnciSnt body OF i Confederate {
soldiers to board snd take the
stssmes. Should they capture the
stsa0ees - . cannon shot sent
throagh the officers quarters, ON
Johnson's island, Nss to signify to {
the prisoners ahat the hour for
their rsleass had come. Should
they TIE the ialand, boats were to
be inp-oviseds md 6andusky was
to be attacked. II taken, the
prisoners Wsre TO be mounted and
make for Cleveland, the boats co.
opsrasine,snd from Cleveland the.
prisoner were to make Wheeling,
and thence to Virginia. The key
to the whole movement was the
capture,of the Michigan. On the
evening 9of the 19th, BY come trsach-
LslJ 061e was arrested, and the
messenger, who was to meet Act
ing Master Beall ct Kelley's island
did not reach him.
SEIZURE OF THE ISLAND QUEEN.
Disappointed. but nothing daunt-
ed acting Master Beall, having
possession of the Philo Parsons,
passenger steamer running from
Detroit to Sandusky, he went on
his way toward Johnson's island.
Having landed ct Middle Bar is
land to secure q supply of wood.
the steamer Island Queen, with (
large number Of passengers and
thirty two soldiers, came up along
side and dashed herself to the Par
sons An attack was at once
resolved upon. The passengers
and soldiers we're soon made pris-
oners, and the boat delivered up
to our men. The soldiers were
regularly paroled. The passengers
were left on the island, having
given their promise not to leave
for twentysfour hours, and the
boat waS towed out into the lake
and sunk.
The Parsons then started di.
rectly for the bay Of Sandusky.
Here the men, for certain reasons
| not altogether satisfactory, but
possibly fortunately. refused to
make the attack on the Michigan.
Beall returned and landed at Sand
which, G w and the men scattered
through the country. Most Of
them returned to the Confederate
States, but . few days since Acting
Master Bennett S Burleigh was
arrested and the trial is now going
on for his delivery under the ex-
tradition treaty. II we had Goals,
Bealrs, or his own commission. /
should not fear the result. As il
10 they will have to prove that they
acted nnder my order. and that
will In all probability secure his
release, bat il may lead to my
expulsion from the provinces. At
least / haye II from . reliable
source that this last proposition
has been placed upon the Gamma
dian authorities. and they have
considered it. Should the course
Of events take this direction, un-
advised by you, I shall consider it
my duty to remain where am, and
abide the issue. should prefer,
lift be possible to have your views
on the subject. Capt. Coal is
still q prisoner on Johnson's island
In obedience to your suggestion, aa
far as practicable.
| A AT1NANcIAL SCHEME.
Soon after the arrival here,
urged the people in the north to
convert their paper money into
gold and Withdraw it from the
market. am satisfied this policy
was adopted aud carried into effect
| to some extent, but how extensive
| IL / am unable to state What
effect it had on the gold market, it
is Impossible to estimate, but
certain it is that gold continued
to appreciate until it went to 29O
The high price may have tempted
many to change their policy, be-
cause afterward gold fell in th<
market to $50. When it was about
100, and expectation Of gold wae
so small thst there appeared to be
go little demand for it, Mr.. John
Potterfield, formerly q banker ol
Nashville, but now . resident o1
Montreal, was furnished with
S1OO. 600, and instructed to pro.
ceed to New York and carry out 9
financial policy of his own con.
ception. which consisted in the
purchase of gold and exporting ths
same, selling it for sterling bills O
exchange and then again convert
ing his exchange into gold. Thi'
process involved certain loss
the cost of transhipment. He wa
instructed by Mr. Clay and mysel
to 60 on with his policy until h'
, had expended S25. 900, which h
supposed he would ship directl'
$5, 900 900 and induce others t.
ship much more, and then if thu
effect upon the gold market va
, not very preceptable, he has t
. desist and return to Canada an,
, return the money unexpended. b
the last report he had caused tn
, shipment Of more than %, coo, ,OOl
T, at an expense Of less than $1,000
but it seems that . Mr.. Lyon. VII
: had been q former partner of Nj
Pottcffeld, wss arrested by Gel
j. Butler on the ground that he Va
: exporting gold, and although Mr.
8 Lyon had NO connection with Mi
: Potterfeld in his transactions, u
9 he thought it prudent to return
l L.