Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1882-01-08

carry II into effect. Ii was under this broad an'
unrestricted authority that endeavored TO effect
settlement with Fraser, Trenholm & Co. on the 6tl
, OF November, 1866, and twenty-one days after m!
| dispatch number four hundred and forty-seve
from the state department, dated November =
and the only part referring TO the subject unde
Referring to your dispatches numbers hun
dred and eight and four hundred and nine, dated
IssPeetlvely october ~ ana q, $500 nave W "a!
that upon consultation with Nj. Cushing, no rea
son is perceived for intcrmttng any efforts to dis
cover and reduce to possession rebel properly Dy
of the suits instituted under the direction OF MI
Dudley then United States consul at Liverpool
If it shah turn out that the prosecution of yoni
operations and Of those under his charge are re IN
pedient when the facts are known
Arrangement with Fraser, Trenholm
| a 20.
Ny dispatch to the State Department in
| forming the secretary of my arrangement with
| 1866, and Taust have been In the Department of
| State some days before the above dispatch of Dc
tober 9th was written, which seems to be an IN;
| conditional approval of that much talked of and
greatly misIepresented basis of settlement. |
quote the above dispatches from the State and
| Treasury Departments because my authority to
make the settlement was, incredible as 1t may ap-
| pear, denied by the authorities who gave it.
| l do not intend here and now to go over the
| wide question OF my attempted settlement on be-
half OF the United States with Meesrs Fraser Tren-
holm & Co., OF Liverpool the principal financial
and business agents OF the extinct Confectionery in
| Europe during the war of rebellion. A full state
ment of that transaction and its unwise and iinfOr
| tunate disavowal by the State and Treasury De
| partments will he made public at some future
| time with all the public documents in reference
to 1t. only intend now to state in connection
with the articles published in the Herald Of Osto-
Der 18th OF the certain financial results that
| followed that attempted settlement, and the far
more extensive beneficial results that would have
| followed had the government accepted aud aided
| in carrying it into efle t.
About the LIST of November, 1sG5, was invited
| by gentleman in the confidence of Fraser, Tren-
holm Il Co. to meet Mr.. Preileau: the managing
partner of the house, at Liverpool for the purpose
of arranging terms of settlement accepted the
invitation, went 10 Liverpool, and on the 9th of
November, 1862 met Mr.. Preileau and his solicitor,
and after continued conference of about sig hours
we agreed upon basis upon which q settlement
ment was but the groundwork upon which the final
settlement was to be based, and was accompanied
by sworn affidavit to render tue and accurate
account of all money and other property once Con-
federate that then held by them, or had in any
way come under their control, or that was then
held or had been held by any other person or per
sons for them since the surrender of General Lee
at Appomaitox, on the 9th day of April 1895.
As the books of that house and all accounts with
the Confederate government and its minor agents
in Europe were TO be open to our inspection, and
the house was o give us all the information at Is
with the chief Confederate agents in Europe would
lead all minor agents and persons holding such
property to seek settlements, itwas confidently be
lieved that the res. of tie settlement, if carried
out in good faith, would lead to the recovery OF
lIll1IoI uoIIttIs loi tie , S t
remove from controversy a troublesome and most
irritating question,
Result of the Preliminary Settlement.
The immediate result Of the preliminary
sttl4eultnk was thAt agents appointed 10 special
duties. having Confederate funds or property of
any kind left in their hands, thought il vie to
follow the example of the agents in chief and seek
settlement with the United States at the earliest
Tune practicable. One such agent, vers capaete
and honorable man, connected 9Th the marine
department cf tie Jonfederacy in Europe sought
an interview with me and informed me that he
eod nave handed over TO ne na a o saes IN
OOO) and that he had accounts open with some
vances had been made for steamers supplies and |
other matters, all of whom owed considerable |
for the business was done In his name-which he |
would aid me to obtain fer the United States
He also told me that ArrRan & Son, French ship |
builders who built the Stonewall and two other
flgates for the Confederacy owed, for advances on
overthrow, about $50 900 francs (s5O 600, which
Arman was ready to hand over TO the rightful
to receive it, not considering himself sii rightfE
owner, and that PC cotld and would aid me In the
the accounts if was not satisfied that the United
states by such settlement would get all that was
due the Confederacy at the time Of Its oyerthrpv,
the United states could 60 with the suit and he
would aid US to Secure all that was due from the
generous and nothing more could have been asked
rom thoroughly Union man and friend OF the |
l nlted states government.
Confederate Agent.
Another Confederate agent sent over on
300 $40 600 soo 90 to sI5e OOo left in his hands
I rom ON the clothing and equipment department;
aud said that the chief agents had SURRENDERED
nave 70 follow S suit and he aigo would ike to set
.le. He Objected to signing and swearing to an
lihdavit had prepared for him, and to showing
MS account and after two conferences on the sub
ect for the purpose OF agreeing upon terms OF set
dement, he told me he could and would then turn
,ver 20 the United States about tl2OOO (s6O,OOOl
ash He no doubt had larger amount, but said
re had given It away to his destitute brother Con-
ederates But before we had time TO agree upon |
erms of settlement, and while these special agents
MD w9Te ass9s i1[ @ e
e desired to that end, my preliminary settle
y the secretary of state, and my authority from
he treasury department TO settle with Confederate
gents or other persons holding ContedeIate prop,
rty or to act in any way on the subject Tor the :
Jnited states, was revoked y dispatch from the
istant teeretary OF the treasury and all further
forts for the recovery of Confederate property .
udre PIee RedelS and 3t Sis asseciatesT IT,
dudley, consul at Liverpool, and a man by the [
+ the government though from his labors while |
England his chief aim seemed to be TO secure !
he execution of the Brasher contract We shall r
BON see what was the outcome of this commits =
100000 In Sight. h
The reader will keep in mind thst about p
80 900 in cash was offered me from the United g
atss in few days after the basis of settlement n
ith the principal agents was sgreed upon by II
onfedemte government. Beside, this amount il
lere were the several sums due from The twelve q
fifteen persons and hrms-shipbuilders and =.
hers-to whom advances had been made for the L
3nfederacy by its maritime agent in europe, II
90, co., and perhaps a great dea more. and his =
ltirely outside OF Fraser, Trenholm & Co.,a and II
ese on SIDE parties had but just begun to IL ST
r settlements. Gay or two after received the h
vocation OF my contract by the assis ant secre- 4
ed on me the cons and for percentage Il
the amount recovered offered TO put me in W
10000 NEARLY 81 ooo.Odo) in cash was held Ia
parties in Eurose, he said the proof tt
As perfect and could not be disputed, and he n,
1uld furnish it all in complete order for percent 2.
Of the amount obtained and put In posses ion OF =
agreement provided he could make better and II
rer terms with the United States than with =
re not disposed to treat him feirly and let him be
rtcipate in the benefits of the Transaction But hi
had been so unfairly treated BY those opposed as
the Fraser and Trenholm settlement, and that 10
7as not inclined to entertain his offer and go ~
rtieularly into the facts he was prepared to re- "
II o9I reierTea nm 70 lnese wno nae charge II
dress, which he made known to me. This -
not call on those to whom l advised him 10 go. 70
obGbly he had his mouth closed on the subject nc
those with whom he was connected in the f
nsaction. Ia
The Preliminary Contract. to
There never was in my mind a shadow of OF
ubt, had the Fraser and Trenholm settlement DC
en- allowed to go into effect and my authority to vi
IKE settlements not been revoked, but a very | sh
sc amount OF money and other property once | =
would have been handed over to the | III
Iled states at but little cost and we should ye
ve carried on no prolonged and expensive law A,
Us IN foreign courts, by which nothing was | -
notorious Brasher contract would not have WI
en- en- place; The preliminary contract with
lser, Trenholm y Co. having been disavowed,
at course did the state and treasury depart
nE adopt substitute for that. speedy, |
dltaole and advantageous mode of settlement | 90
out the time of my arrangement with the -
erpool house for settlement young adven- no
er by the name OF BraSher appeared in London | tn
n a contract from the treasury department, by m,
ich he and his associates were to receive one a.
OF all the Confederate property they could al
over and l was instructed to aid him in | re
pursuit after such property, while /, with full oe
-horIty to do so, had made contracts with other ?.
ties to whom agreed to allow fifteen per cent. VIZ
the net amount OF all property recovered to the str
tied states on evidence furnished by them de
y. The principal agents of persons employed
me under such contract were Wilson, Olger *
Is, who had been at work for many months and
l, at much labor and expense, collected a large
cunt of evidence. which was ready for me no
en- my arrangement for settlement with the a..
ef financial and business agent OF the socalled To-
lfederate government was repudiated and my trr
horlty 10 act in any manner on the subject re bo
led My contracts with the Olgers sent to ~,
city Informed in detail of all my dongs in ref foI
nee TO the question. fie,
Brasher on the Scene. tn,
soon after the appearance of young Brasher J.
his contract Judge Isaac Redfield was sent to Ad
ldon, as was ostentauously announced, with full -
hority TO settle the whole question OF Confed- |
te property in Europe, ana T. II. Dudiy and
rs above named were associated with the judge
il soon appeared that his chief mission TO asst
in carving into effect the Brasher contract | -
d in harmony on most quesfious ccncerning Sta
property, and persons having evidence against vie
was understood, were Obliged to communi- -
il through BIasher; but mainly and coneln- VI
ly because when asked the judge, In my own OIL
e, ii he would take the facts and proofs which mi
Olger would present to him and examine them, sio
If he found the evidence sufficient 10 recover 'O
erty upon, IL he would allow him the fifteen
sent. which |, under my authority 10 allow It, I
tn os- nj /