, 1874-08-07
THE ROTKSCUILDS AND AMERICAN
LOANS.


a Card from r2r. August Belmont.
Ta the Editor " tae Nc.u Icsk Tribune:
clos it, your paper, IL. which you state that tho
MoBHrs. Nntlsrtds did not inyust in our Gov
ernnlcnt loans during tho War. becauae tlloyiwore
influenced by unfayornblo opinion Of tho seelri-
ty. You evels assert tliat tho lnnd OF t!,o Low
ton house ta1d III much TO prominent public
lnan or this country Gully Mot'th or two Rgo.
You aro entirely incorrect IN .nnr statements,
aud it IL impossible TINT Darou lotissc'ild could
have given utter4IHce to Hnc TN assertion, so
daMet1icully opposed to tlla facts Of tic cuAo.
/ havo from the very first issue OF our loana
In 1869 up to the present tiyet on al occasions,
recommended uur Fedoral bonla to tho Messrs.
1iotAHohtld IN London, Paris and Fraukfort-on-
tho-Malt w 9 mont desirable aAd safe inycst-
mont, aud know that those gontiomon have
held and do huld very largo a'nounts Of our
bonds bought through me and ia Europe during
tho War.
In a conversation with Mr. Sanford. our late
lutte Drron Jaules do IlotAAohild III Paris aiiowcd
llim by his books, IN MY pyesenee, that he was
ono Of tito oldest aud largest Investors in our
9ocuritics during the War. Though the A1oBsrs.
Ratlselilld u"'lonbtoay Judged lor themselves
when they made theso Investments, yet can
claim, without fear Of contradiction, that in ali
my leltorE and yerEnl communications to tloul
oyen ut the farkoat honr Of our national struggle
lloyor faltorod in my conviction Of tho ultimate
aoenrtty Of my public dobt.
II the MossrG. notliachitd ovor Expressed an
apprehension that my political position might
intolfero With tAeir negotiations With our Goyerls-
mont, they must have cotno to such an erroneous
conclusion by mis- representations Of I'LL illlbe,al
party press Of Which tlle articles in your pApbr
Rru such ElurinE thstancoH, atthough they oan
scarcely have suspected rilol mon ns Cha.o, Fos-
gondon, and Boutwell, to lie Bwayed by political
rreiutliceH ut the datri1neut OF tue public ill.,
tcruHt.
llcsldeB that, tho NlessfH.. NothBcha wore
aware TINT during alt those trying tinlos WIS
hunored by tho confidence Of 1ls President and
Tue prominent msn,bors Of his Cabinet; / hold
III my possession letscla ut tho lnnsentel LINCOLN,
III No! az OF blesHrs. Seward and Chnha, all writ
ten during and aftor the War, expressive ofltleir
appreciation of my Devotion TO lilo Union oauha,
and OF my noiyo oxertfonH for its HllceesH, botll
at homo and abr0ld. Mr.. IhurIow Weed, tho
friend anl advisor Of thouo departed patflota,
knowa the trust which tloy plnced in mo.
You allude to mY othclal position, AZ former
Cl!airnlan Of tho Democratic party, IN or1or to
1,ruyo "t,.lr uutounlutl asaortso1s, / challcngo
you tui,s out oue Hi1lglo net Or word OF mine,
during HIS whole period Ut our national troubles,
which mas not dictated by patriotism and doyo-
ton to our beloyod uniol.
It is lato in the day for you to try to stir mp
only from feeling Of what owe to my friends,
my children, aud inyaolf that consent to nntico
your artialo In order TO ropol its auclaatonB a.
unjust aud untrue. Yours respectfully.
AUuuAT NELN0SIt
9AAAgooA 8PnINos, July Ut. =
From The .Stw Fork Tribune, Auo. o.
1Ir. Belmont, having, ilad hH attention called
to certain articles in tho Tribune, wherein tho
relation OF tho AtoHBlH, Notl,so,Mld to United
States loanH Ia lnentin1.ca coluents to nutiro
thuM, IN altlor to ray they aro untrup. uayng
had our attention called tu Ar. Belmont'a letter,
wo Golacnt to notice 10 Eay that l,e IL mistaken
The brlaf aflBl0n to rnn,arll nlatlo BY tho head
at tho Loulou hotlHo Of nutnHcujil oil tho B1.b-
ject Ut cAputo waa made i'll thu Y,.sbtus Oh tho
direct personal authority of the prominent public
nun ID WHOM, Tho r6innrl was n,atlo.-a gonttu-
mn,1, We beg, IN all hntlners, .o inYuru Mr. lei
1nont whose worll-or whose, signnturo--wolgls
quite aH mich M llia own, oitIor IN Wall atreot
or III Lombard Btrcel.
To ali pora0nB hon.sinK orange la..dB mud To-
catinnA Tor Bottldtnont IN Fl0rlua, We 1eooMn,and
Hnlf1olinnco and personal Judgement ot, thu psIt