My second purchase was made from the Ebwvale Company, of Wales. Through Manager Robinson I negotiated for 30,000 tons of iron at $40 the ton--$1,200,000--pledging bonds of the road at two to one, as with Bailey. I have already spoken of Salamanca, the Spanish Rothschild, and how I had tried to obtain his notes for $1,000,000. I finally succeeded in getting this loan, pledging $2,000,000 bonds of the road as security. At this time, no Spanish securities had been negotiated in Lombard Street for years. It was highly necessary for me that these notes of Salamanca should be negotiated. I went to Mathew Marshall, Jr., of the Bank of London. He was the son of the old Mathew Marshall who had signed the notes of the Bank of England for fifty years. I asked him what $50,000 of the notes of Salamanca would be accepted at by the bank. He replied that they would not be accepted at all. "No Spanish paper can be used in London," he said. I then had recourse to a scheme that I had previously worked out with some degree of elaboration. I asked Marshall if he would not oblige me by telling me, as a friend, what sixty-day bills of the kind I held would be worth if they could be used. He said they should be handled at six per centum. I telegraphed immediately to McHenry, in Liverpool, as follows: "Marshall will not touch this paper under six per cent. Will Moseley" (the big financier there) "do it for five?" McHenry answered that Moseley would not handle it for less than Marshall's rate, but would take $50,000 at six per centum. Upon the strength of this, four hundred miles of railway were built, through three great States, opening up a vast territory, and bringing in fortunes to a large number of men. My arrangement with McHenry was that I was to receive £100,000 as commission. No papers were signed, but I asked McHenry to give me a paper settling $100,000 on my wife, Willie Davis Train, which was done. After the road was built, Sir Morton Peto came over from England with some London bankers, on McHenry's invitation. McHenry believed in playing the part of a prince when it came to giving an entertainment, and he invited the visitors to a banquet at Delmonico's, then at Fourteenth Street and Fifth Avenue. It cost him $15,000. As I had not yet secured my commission, I thought this was a good time to collect it, and instructed my lawyer, Clark Bell, now of No. 39 Broadway, to present and press my claim. McHenry was so afraid he would be arrested while these moneyed men were with him that he settled at once, giving me his notes at four months for the balance due. Gold was very high at this time, being $1.90, and as the notes were on London, I found they could be negotiated through McHenry's agents, McAudrey & Wann. It happened that these agents had lost some $7,000 on information that I had given to them about the result of the battle of Gettysburg; so I agreed to reimburse them for the loss, if they would cash the notes at once, which they did.