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Sunday, June 27, 2021

Diary of Gideon Welles: Monday, December 5, 1864

Congress convened. A quorum present in each house, but the President did not send in his message. I had calls from many Members. All in good spirits and hopeful.

Mr. Seward sent for my perusal a draught of an executive order forbidding the Japanese vessel from leaving, and authorizing the Navy Department to purchase. I dislike this thing in every aspect, and am not disposed to be mixed up with it. Some weeks since application was made for a survey and appraisal of this vessel. This was ordered, as is usual in all cases, and without any connection with the government or the Japanese. The Board valued her at $392,000, and at this price we, under direction of the President at the solicitation of Seward, agreed to take her. These late government movements make it embarrassing. I declined to give any opinion or make any suggestion in regard to the executive order, but said orally to the clerk

that our offer was still considered as good, irrespective of other matters. Two hundred thousand dollars in gold would purchase this vessel; in paper currency she is appraised at $392,000. It is easy to perceive that Mr. Weed and Mr. Pruyn will realize a clever sum for their labors. They have had for one or two years the use of $800,000 in gold. This vessel has not cost them over $200,000 in gold. The government takes it at $392,000 and must pay that sum in gold to Japan. Who pockets the $192,000? It cannot be otherwise than that this subject will be inquired into. It ought to be.

SOURCE: Gideon Welles, Diary of Gideon Welles, Secretary of the Navy Under Lincoln and Johnson, Vol. 2: April 1, 1864 — December 31, 1866, p. 191-2

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