The Daily Dispatch: February 15, 1861., [Electronic resource]

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The trust Fund Financiering.

--President Buchanan is stated to be very uneasy in reference to an attempt to implicate him in any knowledge or complicity with the Indian Bond swindle. The Confederacy of Wednesday evening, which is now regarded as the organ of the Administration, says:

‘ ‘"We are credibly informed that as soon as the President heard of Mr. Floyd's course in his matter he sent for him, and made inquiries about the acceptances. When Mr. Floyd informed the President what he had done, the latter asked him if there was any law to justify course; Mr. Floyd replied that there was no law for or against the course he had pursued; the President then said if there was no law for it he had done wrong, and told him that it was desired that no more acceptances should be given, and that those already given should at once be paid. Floyd promised that he would accept no more drafts, and the drafts already accepted were only for goods that had actually been sent to their proper places of destination. Mr. Buchanan, after his interview with Gov. Floyd, knew nothing of the matter until it was made public by the exposure of the stolen bonds, and Gov. Floyd's connection with Russell, Majors & Co.'s acceptances."’

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