Savannah morning news. [volume] (Savannah) 1868-1887, 1881-11-04

LONDON, November 3.-The Tines saws:
"We are able to say the Bank of England
does not hold a penny available for the
payment of Confederate bonds. The pub
lie should beware OF buying bonds intrinsi-
cally worthless on the face of such rumor. "
The Times, in its financial article to-day,
says: tine purchase of Confederate bonds
are believed 10 be entirely due to the action
Of the clique, who are prepared to run up
the price Of any rubbish II they think there
is the faintest chance of alluring the public
into Joining in the venture. The
attitude taken by the United States
Government ought to give such
persons cause for reflection. The
American Governments claim to the
undeniable. The ConfederacY never haviI 2
been recognized as a sovereign power, the
property 1t claimed to hold being really tie
property OF the United States, there would
seem to be no question of title which the
bondhOlders eau put forward. The claim
which the United States Government D.
poses in such determined fashion ca n
hardly be worth very much"
The Daily NEWS says It knows of TO
amount in the Bank of England or els g
where In any way available for these mi S
chievOus claims. The Confederacv dout t.
less had other liabilities which probah ly
long ago absorbed the moneys originally v
ing here. 1t is greatly to be hoped that O
more agitation will be suffered on the snl =
ject.
The Standard reproduces a report tn at
counsel has been retained to press tile
claims Of the bOndholders to the sum in the
Bank OF Eagand.
The ST. James Gazette, in its financial ar
ticle this evening comments on the hollow
ness of the claim of the holders of Con
federate bonds and the futility of endeavor-
ing to exercise pressure on the Southern
States by means which have been resorted
to with Indifferent success in the cases OF
sovereign States such as Turkey and Peru.
Confederate dollar bonds have declined
to 9l Is 81. per el00.
WASHINGTON, November "a story was
circulated here This afternoon to the effect
that United States Treasurer Gilfllan had
said that there were Confederate bouds In
the Treasury representing many millions of
dollars, and that they were being counted
with the view 10 selling them. Mr. Gllfllsn
when questioned about it tonight denied
emphauically that he had ever said anything
of the kind.
Assistant Secretary Upton, speaking
on the su ject this evening,
said that during Secretary Boutwell's
administration the government paid $50 900
IOr great mass OF confederate archives,
and that among them there were many
bonds, which are put away in the room de-
voted TO captured and abandoned property
He did not think any one connected with
the government had right to sell them
without the authorization of Congress.
His impression was that the bonds
were unsigned, although he was
not positive, not having seen any of them
in years. No eX imitation has been made
I nT hfaF nFn ef1 ~
| the room reft rred TO, and Secretary Upton
says be hss no means of judging whether
there are few or many of the coupon bonds
of 1860 among the accumulation. He
thought there might be Confederate bonds
of different kinds on hand representing a
million OF dollars.
The State Department has had no CORE g.
pondence, and does not contemplate hSviI z
any with the English Government in refer
ence to the reported balance remaining in
Eugland to the credit OF the Confedera te
States.