Compilation Of Reports Of Committee On Foreign Relations, Vol. 1: United States Senate, 1789-1901, First Congress, First Session To Fifty-Sixth ... Against Foreign Governments (Classic Reprint).pdf
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On memorial as to obtaining release of Richard W. Meade, Mr. Barbour made the following report:
It appears from the documents that R. W. Meade is an American citizen who went to Spain in the year 1803 on lawful business: that in the year 1806, such was the confidence of the Government in his integrity, that he was appointed navy agent for the United States at the port of Cadiz, a station which he held until the time of his confinement. Such was the correctness of his deportment as to have been appointed by the tribunal of commerce at Cadiz, with the consent of all the parties concerned, assignee of a bankrupt, the amount of whose estate involved a high responsibility. He performed the duties thus devolved upon him honestly, and. having collected for distribution $50,000, he several times petitioned the tribunal to permit him to remit this sum to the creditors of the bankrupt resident in England - the only proper course left him to pursue - inasmuch as he had, when appointed agent of the bankrupt, given his bond to that tribunal, conditioned to take charge of the effects of the bankrupt and to be responsible solely to the tribunal for the proceeds, being prohibited, under the penalty of the bonds, from disposing of the funds without the sanction of the tribunal. A controversy having arisen between the creditors and bankrupt about the distribution, Meade offered the money to either, if they would give a bond, with sureties, to the satisfaction of the tribunal of commerce, by which his own might be canceled. This they were unable to do. The tribunal, of its own accord and unexpectedly, decided that Meade should, on the following morning, place the money into the King's treasury until the parties litigant should give the security required, it being declared that all Meade's property should be sequestered in the case of nonpayment at the time limited. The money was forthwith paid by Meade into the treasury in treasury notes equal to specie, and hence acknowledged by the treasurer that the deposit had been made in due form, under his inspection, in effective specie, and that, whenever the tribunal should order its payment, His Majesty would pay it in the same coin.
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