The money received by Serrano was not raised in Russia but in London, where a special Spanish agent resided. The loan was thrown on the market through Hunt and Company, bankers, but it was not done in the name of the Spanish government. Of the sum received, $25,000 had been sent to Admiral Polo through Prosh and Company, Exchange Place, New York. This transaction to place at the end of January or the beginning of February. Polo was sent this to pay Attorney Sidney Webster and U.S. Commissioner and Major J. Gurzman, for the extra expenses occasioned by them in conducting the inquest in the Polo-Fish protocol relative to the Virginius affair. Del Monieri does not know the amount of money raised, nor how much was obtained from the sale of other securities. But he does know that a sum of not less than $500,000 was set aside subject to order from Marshall Serrano. P.S.— This information is very confidential. McMaster may print it, but must keep this note secret. :: I-2-a A.L.unsigned 2pp. 12mo.