Vermont watchman and State journal. [volume] (Montpelier, Vt.) 1836-1883, 1865-12-22

, ers cannot themselves Gil the blanks, let then
go to the agent for paying pensions in person
or call upon some good neighbor who is com.
peten.. Pension agents are allowed for ad.
ministefing oaths to pensioners or attorneys
the fee allowed by the state law for similar
services, and no more.
Lo the poor Indian. There are only
$4,000 now within the jurisdiction Of the
United States. Some of them are considera.
bly, advanced in civilization, but for the mos,
part they are poor and troublesome. The
Secretary reports that the late rebel Indians
are to give up slavery.
Paients.-Number Of applicants for patents
during the year, IL $50 granted 6, 6,292 ca
Yeats filed 1888; patents in 74l cases not
delivered for non-payment Of the fnal fee.
Receipts s3l6,9s7 81; expenses, s262, ,445.
AZ. good showing.
The census reports of 1860 are not yet en-
tirely completed, and the Secretary remarks
that " the work has been unreasonably de-
layed." Truly.
Railroads. Union Pacific Railroad has
been commenced at several points, both on
the eastern Kansas and western California;
divisions. Fihy.six miles of the road were
completed in October last. The Northern
Pacific Railroad Co. has accepted the act OF
Congress granting lands, and indicated its
line from Lake Superior in Wisconsin, to
Puget Sound in Washington Territory. -
Nothing more appears to have been done by
that company.
NATIONAL CURRENoY.-The total number
of National Currency banks organized Nov. l,
1865. was 1901, Of which 922 were conver-
sions from old state banks. One National
bank First National Bank. Columbia, Mis-.
souri, has voluntarily closed and furnis shed
funds to redeem all its bills and one Firs
National Bank, Attics, N. Y ) has failed. Its
circulation was S44, 900, and the Government
holds $4,000 in bonds to redeem that cir
culation. This shows the practical working
Of the system. So long as the bonds are good
the bills on National banks will be good
The amount Of national bank notes 10 actual
circulation. Oct. l, was sl71 1921, ,9O3, but
adding legal tender notes, fractional currency,
&c. the comptroller Of the currency estimates
the amount Of U. s. paper in actual circula-
tisn at $500, 0,S44,229. This, we suppose,
does not include state bark circulation not
reported to the Currency office. In view Of
the fac: that the amount of currency author
lied was 81. .0S3, ASP ,233, the Commissioner
considers the above showing favorable one.
The Comptroller utterly denies the right
of States to tax national currency banks, in
sisting that no distinction should be made
between banks and private owners Of U. S.
bonds. So far as the capital of the banks
consists Of untsxsble U. s. bonds, that cspi-
tai should not be taxed by the states--the
Comptroller says cannot be. II this be'so,
the shares cannot be taxed, for these repre-
sent the untsxable part Of the capital. The
Comptroller does not deny the right Of the
states to tax the profits of the banks, which
have passed into the hands of the stockhod-
ers nor can any body object to it, provided
there is no discrimination against that part Of
the personal property.
The list of National Currency banks in
Vermont, Oct. l, 1865, was as follows;