OCR Text |
Show After Couled. Properly. Chicago, 17. Journal' Washing ton: For several years government has considered the feasibility of ob taining the money and other property in Europe belonging to the aoulhern confederacy at tho lime of its down fall. Several ugenti wrn sent to Europeto investigate :i;id report as to the amount of aujh property itill standing in the name ot i!n-CDnled-eracy, but nothing defiaite was ever accomplished. During the closing monlhB of Grant's admi nialration tho question ot obtaining the property waa seriously discussed in the cabinet, and tho matter assumed definite form in a report submitted to thu cabinet by the then secretary of the treasury It waa intimated that the value of thiH property would reach from $10,000,000 to $15,000,000, and it waa believed the United States government could recover the aamo. On account of the approaching change in tho adniims tration, the mlter was allowed tu remain in statu quo. The pre.ion' administration have considered what is beet lo be done, and it is understood that contracts will be entered ioto with lawyers to collect the money in the binkd iud Ine properly belong ing to the confederacy. It ia understood under-stood that under tlie terms ol the proposed pro-posed contract the lawyers will be allowed o0 per cent, ol the amount collected. All the information called tor by the Davis-Virginia investigating investigat-ing comraittco ol the senuto has been furnished by the treasury department. Tneotliciala of the department aay that every charge against the method of keeping Die bo ik- w ll be met and tne apparent discrepancies fully explained. |