Tuesday, February 5, 2019

Diary of Gideon Welles: Thursday, April 14, 1864


The Baltimore American of this morning contains my report in relation to the ironclads and Du Pont. A synopsis, very brief, has been sent out by the agent of the news papers, but the Press only to a limited extent publishes even the megre abstract.  I believe the N.Y. Tribune does not publish it or take any notice of it. Du Pont and his satellites have been busy, and Greeley and others take such a partisan, personal view of all questions that no honest or fair treatment can be expected of them in a case like this. Without ever looking at facts, Greeley has always vigorously indorsed Du Pont and had his flings at the Navy Department.

Gold is reported at 190 to-day; that is, it requires one hundred and ninety dollars of Treasury notes, Chase's standard, to buy one hundred dollars in gold, paper has so depreciated.

SOURCE: Gideon Welles, Diary of Gideon Welles, Secretary of the Navy Under Lincoln and Johnson, Vol. 2: April 1, 1864 — December 31, 1866, p. 11-2

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