The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1866-05-16

and rulu0ue In iU consequence A oA~e
rrestly needed; and we hope members Of Con-
gress win educate themselves upon The phjecs
% b 70 llMoael ths whole . ....s.a =. an early
-S~A-r
day. '"Ar matter Which is worthy o.
There 4 .n0.--- '-""ins On ne SUD
ject Of our national finances. The governmen
has been paying five per cent ON depeh~
made in the Treasury. 1t pays this for the use
Of the money Of individuals as bankers do. IL
lends its own money, in the form Of the national
bank currency, at the same time, for nothing
Such inconsistency in financial operations Is
without parallel in modern times. The men
who make the laws upon such matters, and the
Treasury officials who make regulations re-
garding them, have the crudest notions. All
they do seems to be for the benefit Of the
bankers, or moneyed monopoly. They act
as II they were the agents of the banks and
capitalists and not the servants of the public.
They have but one idea, that Of banking for
the profit Of individuals. They cannot divest
their minds of counting-house notions when
managing great questions Of national finance
and currency. Yet, strange to say, If they
were to act upon the same principle as man
ayers Of banks as they do in acting for the
government, they would soon ruin the bust
ness committed to their hands.
Unsupported that the five per cent interest that
has been allowed on deposits is to be reduced to
four per cent This may be very well; and we
do not see why the government need pay in
terest on anything except the debt and actual
loans. The amount of money deposited in the
Treasury by individuals is Of little if any ad-
vantage to the government, while it may be
q great convenience to the depositors. 1t is
worth something to have ones money in such
perfectly secure place; and the certificates
of deposit, being made transferable, are very
convenient in trade, saving the trouble and
expense the transfer Of specie would in
volve. The government does not need thii
money If the Treasury Department be properly
managed then why pay interest for its The
benefit is all on the side Of those who make
the deposits for their own convenience. Bank:
pay an interest on permanent deposits, or on
such as can only be drawn out within given
period, because they use the money in business
and make a profit out Of it; but the govern
ment does not use the money in that way, and
does not need it at all. To pay these deposi-
tors interest, therefore, seems unreasonable
It is in keeping with our general crude an
defective system Of financial management.
--------
DrvoRcNe by REFEREES AND STAR CHAMBEE
DEcREEs.-The process of divorcing married
parties by decision of referees and special de
crecs of courts in chambers is becoming st
frequent as to involve serious question as Il
the propriety of this mode of separating mai
and wife and its moral effect upon the commu
nifty. A few days since we had the case of Til
versus Tilt in chambers, in which the defend
ant husband alleges that the plaintiff wife !
urged through the influences Of spiritualism u
seek divorce. The parties are wealthy, ant
supposed to be respectable, the defendant
being charged with receiving an annual incom
amounting to from thirty to thirty-ive thou
sand dollars-a sufficient amount, in mos
cases, to secure the stamp Of responsibility
| This case has thus fur been heard only II
chambers, principally by aflldavits, the com
planning and defending parties both being hear
through counsel The case has now assumed
shape in which the Judge (Barnard) has con
Guided to set 1t down for some early day, to b
heard in open court Some months ago
female spiritualist lecturer, who was making
great deal of money, got rid Of her husband
/ ,,h a ota oh In RrookIvu
One of our courts in chambers has now o.
hand the case of Saxton versus Saxton, il
which an effort Is made TO deprive a ministe
of the gospel Of his better or worser half by
decision of referees, without the defendan
having had particle OF intimation that sucl
an action was going on, other than wha
he ascertained through the law reports of
newspaper. The grounds of divorce in thi
case are based upon the alleged fact that th
husband has visited certain immoral places Il
certain streets, in regard to which he solemn
declares he has not the slightest knowledge
The witness upon these allegations did nc
appear when the case was up, and counse
stated he could not be found. Whereupo
Judge Barnard declared that {" in future b
should compel all witnesses in divorce suits
come before him and give their evidence !
open court There should be no more refe
ences by him. II people are too respectable
to come into court, let them keep out Of It."
We believe this determination TO be prope
one. The referee system Of procuring divorce
Is corrupt and dangerous one. It existed fc
long time in England, but we believe 1t b.
been abandoned, and except where all partis
agree all divorce cases are now tried In tbs
country In open court The English paper
are filed with reports Of such trials, and whe
the parties have any public notoriety-an
several Of the kind have figured within the pa
| "a unaxa Ala sxnnlo coluunns ~ kha Ioudo