Evening star. [volume] (Washington, D.C.) 1854-1972, 1881-11-03
THE EVENING STAR.
NEUTRALITY-SUSPICIOUS. 5. 1881.
The Con federase Gold in the Rank oe
EmUlnuh.

SOMETHING ABOUT rHs DEPOSIT AND THE EFFORTS
THAT IL HAVE BEN HERETOFORE MADE 10 SECURE
III FOR THE UNITED STArES
In The hope that the confederate DEPOSIT In the
Bank OF England may b. distributed prorata, or
IN some way among bondholders OF the late con-
Ieueracy, the purchasers in England, see per-
spectve profits In buying up confederate bonds
AZ greatly reduced values from par. The amount
OF The remaining confederate deposit In the Rank
OF England. which had Tor It's object the matn-
lalhance oi the credit Of that government abroad
asS ~ =, ~, M Siose OF TIE war about ss00o1 To he
teen years. IL is stated by some that Jefr Davis
JUDE, I. BENJAMIN and three others. have recu.
larf drawn the interest since the demise OF the afe
confederacy. But 10y others Il Is held that sch is
hot the case, ana that the above amount with ac-
cuhiuAatcd interest, now lies In the Bank of Eng
land. Several attempts have been made by the
United stats government 10 the confederate
gold In the Bank Of England but none have moved
successful The English government has pferred
the matter 60 the courts, and there the tinted
States. owing 10 the peculiar manner i'm which the
money was deposited, has been ruled out rs a
claimant At the beginning of the Hayes
administration an effort was begun 10 re
cover the confederate deposit 1t was UNI
der the conduct OF solicitor Rayn0r
but nothing practical ever came OF it, EN-Secre-
tary sherman gave contract To Mr.. Agar an
ate property he'd abroad. That contract expired
sast seplemocr, but resulted In nothing at all
since IL has become 80 evident that the confeder-
ate deposit in the hank OF England is the object OF
.le n.Ykers In buying up confederate bonds, the
a.etl1ioh OF The I. ;. government is again called
TO the matter Solicitor Raynor is making out a
report including all that has been done and All that
ne thinks should be done. This report will he
submitted In day or two to the Secretary OF the
treasury Upon this report VIII In part be based
the action OF the government i'm The stems which
viii undoubtedly De taken 10 nrryent the d,srrJhn
uon OF the confederate gold among the owners OF
confederate bonds. The government officers are
unanimous In the opinion that the deposits in
The Bank OF England OF the late confedefacy be.
long 10 the United StlteS. Since the movement In
confederate bonds was commenced and the
reason for il became known. a number OF people
nave applied u the Treasury department. Tor
authority 10 collect rom Great Britain the amount
now Geld In The Bank OF England, upon the credit
OF the Bank OF England. IL is said that the de-
pests made by the confederate government were
In the names OF live trustees. all OF whom are now
dead, and That the matter OF nnal settlement is
involved Ia much doubt. owing 10 the death OF the
The first steps taken by the United States GOV.
erhIleht In regard 10 the confederate deposits In
England were taken under Secretary OF state
FISH MI Fish, early in his administration OF the
ndtlohS diplomacy, addressed "A letter Co the
BRUSH government IN regard 10 the confederate
Ihohey In England. This note Was in general
terms and was intended more than anything else
10 discover The attitude OF the British government
on Ihe subject The reply was that Great Britain
would surrender 10 the United States without
question the confederate assets, provided She
would assume the liabilities OF the late confed-
eracy: or course such an assumption on the part
ton. WIZ f''"
While the figure OF 10000 is paced rs the
amount OF the confederate deposits remaining In
the Bank OF England at the close OF the war; those
iiguies are not assuredly accurate. The Bank Of
amount it holds ON account OF the copfederacy ia
These deposits there are however OF a minor
onadacIer, IL Is Thought, when compared with
olher moneys due the late confederacy In England
me government OF the lost cause advanced targe
SUMS Oh money 10 corporations In England Tor
Ha.al ana army work and supplies, the contracts
Tor which were never filled by the corporatlons
owing TO the demise OF the confederacy The total
sraov OF money abroad due the confed-
eeiaSS - estimated all the way from sS00OO To
SiuoVVC0 Solicitor Raynor is in correspondepce
viii ieadlng men throughout the south who were
rhA 4,
lie amount due that government upon IFS lemse
ne ne VIII not probably gain much Information ON
than n1e 81 =. an eleIe are probably not alive more
knowledge OF the subject
Suaan benjamin, at present lawyer In
with the confederacy, is supposed 10 be at
" sae sor mead OF the present movement In con-
ieleratf bonds. Most people, who have any
Information whatever on the subject. beiieye thai
ne mas Information in regard TO the action of the
6 PLUSH government, or evidence which would in
uuce Such action on the part OF that government
Elal the confederate assets In England shall be
uiSihl dd pro rata among the bondholders He
- peneVed TO have Started the boom in
Uohlederate bonds, and consequently to be largely
ihefesVeu In the purchase or them In this country.
THE ENGLISH DENIALs
The statements In the London press-the Pan
va" Gazette and 7fnses-in regard to confederate
deposits In the Bank OF England are OF the charac-
Ter which deny and yet do not deny Those
papers say that there are no deposits In the Bank
OF England I'm the name OF the late confeferacy or
any that the United States can lay claim To- ONO
lals OF tnis government do not attach any import.
ace 10 the alleged den1as OF the Times and Gazette
me TACT That the English government in responso
10 an inquiry from Secretary Fish when he was a6
nounced that the United States govern
inent could recover the confederate gold
neld In England IL il would assume the liablitieR
vi tne coniederacy as an administrator upon its
esIaoe, Is IN Itself evidence fndsputable that the
alleged denlals OF the Times and Gazette are not
ment doubts but that the movement In confederafe
ponds Is based other than upon a prospect
o1 the holders thereof getting control OF the con-
iederate deposits In England. Solicitor Raynor OF
Cne treasury department, to-day said TO the STAR
reporter: VI am at work on this subject and have
received information which would warrant nv pro-
mitigating an official opinion intend, however,
10 md out all about It, and will not rest until the
Wnoe matter is thoroughly understood In the light
Oh the actual facts There is am comic dent good
deal In the matter which should be brought to the
pubic light. j expect 70 be able in few days
TO furnish an opinion based upon facts.n
THE MASSACHUSETTS MILITARY COMMISSION 20
inquire into the charges OF misconduct on the part
OF members OF the Ninth Massachusetts, Regiment
during their passage through Richmond, en- route
evening, and will begin the work OF investigation
to-day.
SINGULAR LEGAL QrEsTI0N.-Mr. Louis Senft,a
wholesale and retail druggist North Howard
street, before his death last May bequeathed his
stock OF drugs, &C., TO his three clerks. He had
nfty barrels OF whisky In bond. he having been in
the habit or buying IL n large quantities and with.
drawing IL as he needed IL for his business The
legateeS claimed the whisky and also claimed that
the estate should pay the United States there
on An issue was made in the orphans court. and
the Interesting question ed fouy