Cleveland daily leader. [volume] ([Cleveland, Ohio]) 1865-1873, 1866-05-09
The Cuba Telegraph Bill SIgned
Washington News.
The Merchants national Bank

The Merchants National Bank.
g NEW York, May s.--The Tribune's Wash
ington special says The doors Of the Mer
chants National Bank remain open, and tn
officers remain there making promises 0
q future redemption with no prospect of beiu!
able to fulfllthem.
3 1t appears that there was IN deposit froE
5 the Interior Department. on account of In
dian funds, $685. 27 Postofiee Department
dead letter funds, waste paper fund, and
~disbursing clerk, SO, 900 Treasury Depart
4 ment, $4,000; Paymasters and Quartermas-
tiers, S640,l6S; total, $685. 900 General
Spinner holds above the amount necessary
for the redemption Of the notes of the bank,
about Sl40,O OO, leaving a loss for the gov
eminent of S547 600, without having re-
course to stockholders, or counting upon the
probable non-return of q large portion of
the notes Of the bank, or the bank recover
ing or having anything from the general
assets Of the concern. The official inquiry
now going on will soon demonstrate the
amount Of the private deposits, their liabil-
tiles and assets.
Information from Baltimore indicates that
nothing of any account will be received
from Bayne i Co, of Baltimore.
The failure of the Merchants National
Bank has caused a general feeling of dis
1NR1@ANSA1 AZ AK lAcLt-
tuhons. and to-day quite q run was made
upon some others, and large numbers of de-
posts have been removed to jay Cookies.
the First National Bank, and to the United
States Treasury. There are no other sus-
pensions, however, and it is announced by
Msury 4 Co. that they will resume to-
morrow.
Financial.
On May Ist there was in the various pub
1a 4a-o,r..-..- 1aE 0nu E1a m
there are government securities held BY
ten. Spinner, amounting to $50, ia, 500.
The Freedmen.
The Inspector General of the Freedmen's
Bureau in Virginia has Just reported to the |
Assistant Commissioners at Richmond. the
result OF a thorough investigation of the af-
talrs OF the freedmen in the state Of which
he has Just completed an inspection. His
report, on:the whole, is comparatively favor
able. He represents the various eolored
schools as generally well attended, and the
prejudice existing against them slowly. but
steadily diminishing. The sanitary condi-
ton otthe freedmen has 50 far improved
throughout the state that all Bureau hospi-
tails have been abolished. the employers, in
compliance with the terns of their lsbor
contracts, furnishing the requisite medical
attendance. Demands for labor greatly ex-
ceeds the supply in all portions Of the state.
me wages OF the male freedmen average
about twelve dollars per month, including
food, quarters and medical attendance.
Tit Senate Committee on public lands
have several important measures before
them which will be reported in a few DAYS,
looking to the development of the North
west. Several leading railroad men are
mere ln conference with them, among whom
IS q Mr.. Morse, who is urging Legislature
to insure the completion of the road from
St Paul to Bayfield,, which makes an out
let to the lakes.
Internal Revenue Case DfscuSSed.
The Commissioner OF Internal Revenue
a letter of reply to a gentleman Of Buff
IaIo, dissents from the recent decision Of
Judge smalley Of Vermont, while sitting il
eqolty on the Western part of New York.
Inc COMMISSIONS says that the rule laid =
by Judge Smalley, as to the cases in !
which he thinks the Judge ought not to give Z
nd to the Assessor must, he supposes, be
AIKEN as the rule of that district, as Judge
holt appears to concur in the opinion of
'udge smaliey but as to the right Of max
pg q Second Assistant Commissioner, he l
Ices not regard Judge SIS opinion, even in ,
ms district, either as an authority or pre- :
,edent for his decision cannot be deemed to l
'xtend as q precedent, and its legal effect 0
the point on which the case turned,
NJ; the Assessors right of investigation in Z
ne manner proposed in that class Of cases n
by the case of Mr.. Brown, :.
Vhleh class, moreover, embraces only such i
assessments as were made prior to the time r
Vhen the law of June Both, 1864, took eff C
eel, and not such assessments as have been :
since that time. The rest Of the =
commissioners opinion contains views not +
allied for by the case not actually before the
ourt. 3
ChsleFn. :
DR.. Swayne, of New York, at the the head
f the committee of eminent physicians ap- @
oiated by them medical contention recently
at Baltimore, were to-day in ses- =
ION with the Senate Committee on Com
neree, for the purpose of devisina some
egislation TO prevent the introduction and L
pread of cholera in the United States. At 4
er q Tree interchange of views the commit
unanimously instructed their chairman r
, report q joint resolution to the effect that 4
ne Secretaries of Wan and the Navy, with Il
be cooperation Of the Secretary of the d
'reasury, shall cause an efficient and uni Ct
'rm system of quarantine against the in n
into the country of Asiatic chol- o
rs, through its ports Of entry. &C
Hill Signed. y
The Herald's special says the President p
as signed the bill Incorporating the inter e
ationaI telegraph company, between this y
and Cnba. 4
SENATOR GixsH. Z
Senator DIXON expects to leave for his
ONE II Connecticut within ten DAYS. His
nproVement here is gradual but will proba-
" be accelerated by the quiet Of home life.
After Another InstaInaenf. :
Mr.. Bunker, on behalf of the Union Pa
Inc Railroad, is here for the purpose OF OBJ
aiming another instalment Of United States
onds in payment for twenty five additional
tiles Of road lately accepted BY the Com
The line is now completed be-
ond Elkhorn bridge about sixty-fve miles :
eastward from Omaha.
Suspended.
The War Department has suspended the :
ayment of over one hundred DISCHARGED !;
Ulcers who have failed to make the proper q
aturns.
FraE Serth Carolina. f
Dispatches from North Carolina reveal Il
acts of malfeasance on the part OF
be agents of the freedmen's Bureau IN that =
a
tate, and seyeTslo OF his subordinates, with \
be assistance of some Massachusetts phi- !
a~nthropists, 1t is alleged, have been dis =
overed running plsntatcas on private &C. 4,
and working delinquent or disorderly :
arkies or them for punishment. Several II
rrests have been made, and more will be, It Z
reported.
The Cotton Seizure. re
The Times Washington special says that e
early all the claimants OF the cotton seized u
v the Government ct Savannah have COM
lenced suits in the United States District s.
New York, against Simeon Draper, .
otton Agent forthe recovery Of the value :
{ the cotton. Tho suits number one hun
red and t~wenty-tEo, and 8 strong array of =
has been retained BY the plaintiffs, e
whom are James 7. Brady W. NJ. :
and others of equal ability.
GeneralSiekles.
General Sickles, who arrived here YesseT. 4
ay with several members Of his staff, from Y
L-.1..A-- - :