The Daily empire. (Dayton, Ohio) 1865-1867, 1866-05-05
BY TELEGRAPH.
Failure of National BanlS--COn-
firmatiOns by the Senate--New
York COllectOr-Intcrnal Reve-
nue. Receipts, &c.
wAsnrSqroN, May A.

York COllectOr-IntcrnaI Reve-
nue. Receipts, &c.
wAsnISGroN, May A.
The Merchants National Bank Of this
city IL closed to-day; the concern Is said to
have bursted up, and lis President cleared
out. Private depositors will lose about
$l50,0O0. The bank was Government de-
pository. Quite an excited crowd sur
rounded the bank building.
The Senate had a long Executive session
to-day, and made number of civil and
military combinations. the principal one of
which was that of Hon. l.. ID. Campbell, of
Ohio, rs Minister TO the Republic of Mex
leo. The Senate Committee on Foreign
Relations were a tie on reporting his nom
ination-three for and three against-and
lively discussion Followed, which devel-
oped a very strong sentiment in favor of
accrediting q Minister TO that Republic,
upon which the question of the nomination
was moved, and on the vote there was but
on dissenting voice.
There is nothing further in regard TO the
nomination of Mr.. Smythe-it is still In
statN QUO with the Committee. lt Is UNDER
stood that the Senators from New York are
divided, Senator Morgan being for, and
Senator Harris against him.
The receipts from internal revenue to-day
amounted to $1,395,S72 81.
| The Secretary of the Treasury has
awarded to Denis q Roberts, of Boston, the
contract for furnishing the Treasury
Department with burglary and fire-proof
safes for one year at $40 per superficial
foot. Denis a. Roberts were the lowest
bidders.
The House Committee on Claims, out of
claims amounting to twenty millions dol
lars presented for consideration, have al
lowed but one hundred and twenty thous-
and dollars, including seventy thousand to
Aber, Manson e. Co, of New York, for
compound-interest notes lost at sea by the
wrecking of the steamship Republic on a
voyage to New Orleans.
II Is not known exactly what amount the
Government viii lose by the failure of the
Merchants National Bank of this city; but
Irrespective of the sum that may be lost on
account of the deposit of Paymaster Pauld-
ing, the Government would be the creditor
of the bank about one hundred and twenty
two thousand dollars. The United States
Treasury holds in bonds to secure deposits,
one hundred thousand dollars. and two hun
dred thousand dollars to secure the notes OF
1.-The bank; also, six thousand dollars in gold.
being the interest due the bank. Against
this total amount is to be charged one hun
dred and eighty thousand dollars on the
circulation of the bank, and four thousand
dollars on deposit.
1t is understood that Paymaster Paulding
lion dollars, supposed to have been made up
of small sums drawn from other depositO-
ries, and transferred to the Merchants Ma
: tional Bank, contrary to an order from the
!, War Department, which directs disbursine
officers to report their funds on deposit In
the repositories upon which the Govern
ment draws in favor of the disbursing Off
GERS requisition.
The last draft drawn by the United State
Treasury, in favor of Paulding upon thu
Merchants National Bank was dated Jan
uary A, 1896, for $l00.000, and drafts upor
other repositories to the amount of severa
hundred thousand dollars in favor of Paul
ding have been executed since that date,
Among the nominations confirmed by thu
l. Senate to-day were w. ]. Coggeshall. o
Ohio, as Resident Minister to Ecuador. Thi
appointment was made on the recommen
5 dation of Governor Cox, of Ohio, and Post
3 master-general Dennison. Also Colonel d
n Warner, of Ohio, as Consul to New Bruins
L. i'll