New-York tribune., 1890-04-29

|
ernment as an indemnitor, or 10 repay tne money
if he could borrow it. Even II he had lhc luAcS0
authority where was the palIlouc iiitoh "hV
would furnish million pouhuS on 'hr sP.l v,
the moment 10 a Government which was pclie'"d
by the party in power in Great Britain 10 be IN
articulo mortis? Unless. therefore, the ,ro"n
lawyers supposed our Minister 10 ' ll'NT mn;
their decision by providing hihisel WIN ms
money! they must have known that tins condl-
tion could not be complied WIN, ana 1ha1 l"cE
might just as well have declined ~ INTERFERE.
If they had intended that these ships should not
he prevented from making thclr intended crusade
against our commerce and our cause. no pri'er
ARRANGEMENT could possibly have been devised.
II is not 10 be denied rha' Suspicious cNiS'u 'i"
such was heir purpose
-, voprr SERVICE BY An ANONYMOUS GIVER
But the unexpected sometimes happens The
event which prevented these hoating engines OF
destruction from entering upon their Intended
work was as unanticipated asa miracle 1t con-
s,ituted possibly the most signal service ever rem
dered by a citizen of one country to The "oVerh-
,,,, f another Ii was all the moIc noble be-
ca,,sc il was intended to be anonymous. The
eninently uuseish man who performed 1t made
. positive condition that il should not be made
nublic: that not much as his name should De
disclosed except TO the officers OF our GoFcrn-
ment whose cooperation was required, III oTder
10 transact the business in proper manner and
upon correct principles. 80 earnest was ms III
;nnction Of secrecy that MS identity Will not
even now he dlScl0seu, "i'ho"Sh liz h"o +'"1 ''"0
gone 10 his reward.
Within tlc hour after the Crown lawyers de
cision. with its conditions, had oecn made knowIl
10 Nj Adams and when lie had given up an
homo of arrest inc these vessels, quiet ScnVlciha
called upon him and asked If he might ne l"H"ic1
with the opportunity of making tAc dcposit o.
coin rcouirrd hV the order. He observed lhat
il had occurred 70 him that If the ni'fd STATES
had that amount to lis credit in London, some
ourson of authority might arise or M'. Aaa"is
,icL. othcrv;se be embarrassed IN complying
a. cSyeFialiN
with his Government might involve delay so % %'nHi
the shortest way for MN or 10 him "'0i, "a
all difficulty would W ',o ioI .,nrod m,nr 49,
dcposit the coin. which he was qui'c prepare" l"
No Iod messencer descended from tie skies IN
chariot of fire. with S3ooo'oVo ID H"iu ~ '. HE
,ritb0nt any security. Nj Adams could not have
been more profoundly surprised lie had 'o'ep'v"
She condition as fatal I" ms "horlS i.' la,' ,' %
cluded that nothing short of Il miracle conld pre-
vcnt the departure Of 'he vessels; @rd here. II
NOT "a miracle. something much llhc onr. he
made no secret of the pleasure win Whicl nc '',
conted the muniiiccnt offer provided some mrlh"l
If securing the liberal Engl>hman con hc found.
The latter seemed ndsposed 10 make any suI.
,cstions on the subject. II might hc proper
T.. soid that some Obligation should he eni".'u
into. showing that ihr American "oNernnrn
recoqnizcd tho deposit - made on IFS acc"nir y"
vond That he should leave the matter Wno'N !"
the hands of Mr.. Adams.
TIE PROPOSITION or MR.. ADAMS.
Tho cXistinQ prcmium or rold was then about
80 per cent in the United States. II would nave
been largely increased 10y The departure oi ''''''
iron-clads The hvc-iwcntics or" SKIES - ISL
as they were popularity called. were then heinz S-
sucd and were the only securities upon l"nS
time" then authorized by Congress l"c "'''
arrangement that occurred - Mr. Ah"AiS an"
,vbcb he then propo>cd was that 81 l0.ooo,ouo. or
c2.OOOOO0 in these bonds. To be he.d ~ c'!l''f'".
security for tSc loan Of - .OOO.0oO in sod shond
la. H. cli, ia fip lender. To- lt 'lIliitN VIII.
the loan was paid or the order l>r.l WIS ''l,-
charged and the coin retained L" iNr ccP"7''"'
Tie proposition OF Mr.. Adams was Satisfactory I"
the gentleman. but he said that To- pIeN'n '''
iii liscIOsurc of his name the deposit >hou" 49, ''"
in COUPON and not IN registered bonds re '''-
mons we're paNablc 20 bearer. the registered were
rennirod 10 bc inscribed on tir books oi the II''>
urv in the owners name 1lr Ac,M~ lAch .''-
uutccrrd the assurance thai these noii'S' !" '.'
amount Of 81 0,0o0OVo. should De- 'iiSn'''' ~
London By The first steamer which ici' Nc"-l OH
aftrr his dispatch concerning the transaction was
received in The State Department al "s'",l,"n
II Was This assurance oil Nf. Ah'il'
,.5icb the President and both of the
Secretaries desired should be made good. "rl
rce4rd The faith o. tie NoNcrih'n' 's Pl-"-'I
for Us performance. ana 'ha' l'''h '"'S p''P''''
should not be violated.
Ni the details Of this transaction We're Hoi
thcm disclosed They reached the Gofc.nroNi
i'm nriyate confidential dispatches from W. Adams
sn,i'e of them lone nficrNurd The dispatch lu
ourstion was understood - Or cOrhdcnialt Ger
1ainlv that part Of il which related - lhr dcpn'il
and security proposed III W. i'''ss''l u" ''' =
messenger had 10 leave London within a very
few hours after the propos non "l tine d'p"N4l
was made. There was enough I'D u 10 snp" '"''
AN iur,fimabc service had been rendered - me
conutrv hy some ore 10 whom Mr.. Adam, h."
pledged the faith of tie nation for the ii"i'ii,-
sion Of tAcsr bonds by ne ncNl S'cai"cr m'.,n
left Ncyy-Nork There was no dissent from ''
conclusion that the pledge OF Nr Adams. u III
were in the power of tne Government, mNs' ''
performed
suruesfed ~ a precautionary measure that n.
quest 70 dclav fhc sailing Of The steamer should
Lc made and Tie consultation ended ~ rit
as well be mentioned here that the cNoii - secure
delay was unsuccessful! II could rot Do COM
piled with except with The consent Of the officers
of the company in l.ivernool. and ih"F c'1id NOT
be reached hy cable. lhc Steamer woNh Sail
At - o'ciock Monday.
II was next asccrtaiucd tiat onlF $500. 600
in coupon bonds of tie dcnomin1iion "i Sl."NV
had lccn nrinfcd The remaining $500 600 must
hr made up from denominations Of 5000. This
involved an increase Of 800 making on aggregate
Of -. 500 bonds 20 BE- signed between t. o'clock
on Friday and ! oclocl, o ou Monday
The theory 0f fhc sia'Itc witch required
bond TO hc signed by the head of the bureau from
which il issued originally was that the Signature
was some safeguard a-1ins; forgery. was a'i
evidence Of authenticity. and check against
unauthorized issues. lr iesues Of 80 larI' amounts
as were made during ihc Wal. - was found 10
have "A tiiNing if any value. Bnt The labor ma
uosrd was conthnuous and rrycrc: IT, 'lc present
instance il became dangerous ~ health and life;
for there is no muscular cNrrii0n Nor" severe
certainly none 80 incA prcssibly dfcory. that ~
writing ores OSn name honr after hour. day
after day. over and over again. Such. however.
WIS the law: it was necessary - ile cgali;v
of the Issue that All the requirements Of the law
should hc complied with II viii hc seen in tiie
instance NJ what cost obedience 10 this provision
OF the statute secured
THE TASK cONTRoNTING THE REGISTER.
Wien the bond issues Of the Treasury required
an average Of two or three Thousand signatures
daily every means Of doing The WORK rapidly
was necessarily employed The Signature ii."f
was changed. If each initial letter had been
written separately. in the ordinary way The day
was not long enough 10 finish the task. The
whole name was then written at a single move
mcnt without raising the pen from the paper,
or once arrcsting It's motion The bonds we're
laid before the officer in pies the instant the
pcn was raised at the end of the name, an cA-
perierccd messenger removed the bOnd, leaving
another exposed FOR signature. In this Way ~
was possible 10 write zen signatures III Il minute