, 1866-05-10


dian ndm;rnbly resonstrEcted.n y The re-
sni.s @ nre xarr not otawn.thr onT E.e trust viii
be- detailed af !ensth BY the G General for the be
better satisfaction o. the public The negro
Is clyllizing the Indian. The latter accepts
i;tc NJ least tie r,,dsr or then, from ths
naGrn Tna insrr ~i.r,oror, i;.;ns~ ,r;t h
III o,t;no .tn nsn,,d st t ,,,9,, has
tnNabt liz, ,E;t, s"ccess tS.t tha ' has, ~ va
o. tne Caueasian never peeun to attain. Sn
Inc unef nano, lne lreeomen among the 4u-
dians have accorded to them the full enjoy
na,r .+o+o o15 how - martan cmbftjon for
ne" state, au4 snun ma ioa.r. ~
s'nmees! mPr9s.ps themselves anu 'nsn s'un'-
The Crest Bank Failure at NasbtD.-
ton. ....
fem fn ne :; ~ Es,;ona; ILL.,
,h,s c,ty vii lead TO an sttcatlvn into the man
ner q aepos,tlcg pubic funds ~ dl.batsi1g q.
i:oyernment ienns,snTV. tioreTnmenf srr,ri,Ics
baye 70 DC dero-i,ed aith- The Treasurer Of the
me United States as co1latersls for the money
freasursS. But II il now asseftad that these col.
laersl tecu11ies do not cover lie deposits Of dis
e1,.mE eileen. sho sss sss s'p1 pr VIII he
fIhs Is the ias, ne paymasteTs have beea unjust:
i t5ss.sa: !. ~ asv: sesa expressly oias!sd %
nosi, N tbe hsni.s m tr1jcS sh5se a1n5,s ~ wcrr
FFSnn An1 u ,s nv - nsnr rasEs ssnro rsva
1onre na,3fon If H. fn1ts n, Ia cTe,t f5, on
Ms,tnna H.nE hrra - ouo%eI s Parbans hatnl uIs
thc Investigation INTO the aalEs Of The ne.cbautss
bank Is over. we may have sorno curious di-cio.
epfee abouf The pt0tlr. Of National B8nks IN de-.
pceite and TIC kh1ft thereof given to the di9bnrs
ing eassIs Sho asTs %aas t9o.s sspc:.ts - H.,
x W me subject q "saiety" this explosion N
he se4 6e = new sns
1919 no safety e1cep: 10 their circulation, The
notes sie vel enough secured bgt that IS al. A.
M H ~ heyf Fns aa1 We eips.
& tsat OF @ mo Henapso, Fetrois1m snd o,heF banks,
% ssoas 'na5 they naxe no saet5 Wh.ssves when The
r. xbeie sno)sst ~ comes ap iet the revision
me pno,e ano @ s1age5t @ acton ny ne GoSsrnmsut
a. .no ne 4nes shouia not ao" he warning
ltiom me fnnadelpnA Ledger. 7th lnstl
dhe Present case the leading iacts appear 10 be
tooxs <7so he 81 SapMa M o. the nank Is o the
which about <590G0o we're public moneys placed in
the cank x Aajor Psnldlnc, a. paEn1aster in the
al5 ana she 5aun,s M o. !he bank appears 70 have
!hetr number, Mr hsyne. Baltimore ttock specu-
laof, 70 dIayS from the balk for the OF his firm,
a9oa3 S @nien nc 1hs sssms 70 ' nase S Smp.o,sd
BalImore hnuse 5eem 20 hare aseets of any Fal1e.
e4eept 1Dc UnneH otAte* ponss when fecure lhe
sa'es pnhc one5a
f3nnn-1tcd the hank Ynaf mia ~
de Gcposits tncpJIns thc o. nubI,c n,on.v "
are swept anay, Such tre he f.crs m briaf sa,i
tbey sord m opnortuntty far r,I1inf, ar,enIfn1 ~
= ssss lay y NaEopa !
iypt. of n:hers whieb bns,nssS n'cn and ths Cn1nn
t9aIiep ~ of he Gn,rency Wnmid do We TN ~ oot nf'ar
provides that the ioial tsbiies II a6y Nali1sias
bankirg ASSOCIATION, Of any person or arm, fol
money! borrowed. s.shsl at no time exceed one
tepth az The CAPITAL stock Of such Association &c
frniv ps,d u, = hts nroy1s,nn 1f law eeatrttted
1he Nerchnn,s' Bark, whose capital was but Fsoo,
0a0, ttom lending to Bayne. or any other peHon,
NJ hid viii not opiy onetenlh Of the csp1tal Of The
bank, but with sslo,cc0, Which L four times me
snis q 'he pa 9eh hsiHS t1s
| The same act nhich declares that If the
Directors .shali kYtoIate or Knowingly
permit any of its officers OF apents to
fe,ted and every such d1rector ahal be held liable
in bis psrsoraI ahd individual capacity for all dam
sGes wnfa any oths5 pe5s9n 5usins ). n
tlon 10 that lmpoeed On Them az shareholders, to
an amount Of double the par value Of their stock
.hooa heseola ske 10
stard inc nature OF ,hcsc obligations Imposed on
Them BY law and they should see that it viii ID
ins over ihe management Ok their asEocia' ions, il
bind confidence, q one or Two per:ons, whether
they be otteers Or directors.
~ aofx ,s;,.a l1@es1 =. i. v....,.,
tonal Bunk, Of this city ts moEe hopeless than Wal
AZ nrtt supposed, ana me Gossfnnents ioss ga &C
count o. foJnastsE randns Z 1{eafes than thnt a.
eAted IN my despatch OF tI1daT night. Ids
zmount On deposit ~ tue BANK 70 the credit o.
Pau1d1pR to ovsF $7tQ eco. As slated before. The
1Ionai bank was in January lss1, ior 0U. sincs
that time drafts IN hie favor On Other depos1tores
haze been drawn 70 the amount Of ss9t0,e ,eoo- The
the other deposjtoriea md deoosItiue In he. Nsr