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s stated by General Butler, payments were promptly made by the Navy Department to Mr. Griswold and his associates, as rapidly, at least, as the work progressed, and was certified to by the supervising agent of the Department; there being an interval of only fifteen or twenty days between each payment, as will be seen by the following from the official record:
1861.-November 15, first payment, $50,000, less 25 per cent$37,500
December 3, second payment, $50,000, less 25 per cent37,500
December 17, third payment, $50,000, less 25 per cent37,500
1862.-January 3, fourth payment, $50,000, less 25 per cent37,500
February 6, fifth payment, $50,000, less 25 cent37,500
March 3, sixth payment, $25,000, less 25 per cent18,750
March 14, last payment, reservations68,750
Total$275,000
Save reservations, which were made in all cases of vessels built by contract, the last payment, on the completion of the battery, was on the 3d of March, and, as time was precious and pressing, she was