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The Daily Dispatch: February 12, 1862., [Electronic resource], War Matters. (search)
gency, showing that although he had paid less than the owners asked, he had also paid more than the vessels cost; that in some cases vessels were charged to the Government at a higher price than the owners received; that the arrangement of Mr. Secretary Welles, allowing Mr. Morgan to take two and a half per cent, from the seller, was placing him in antagonism to the Government which employed him; that the percentage was in fact taken from the Government, and the $90,000 which Morgan had received as to allow the Treasury Department, at its option, to pay the interest on Government bonds in coin or paper. At the conclusion of the debate, Mr. Holman, of Indiana, offered a resolution, censuring Mr. Cameron, the late Secretary of War, and Mr. Welles, the present Secretary of the Navy, for their action in employing Alexander Cummings and George D. Morgan; but without coming to a vote, the subject was postponed till Friday next. The report of the Conference Committee on the bill providing f