The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1866-05-08
THIRD EDITION
THE NATIONAL CAPITAL
Special Dispatches to The Eu.ning Telegraph.


WASHINGTON, May 8.
Cash I'm Hand.
On May !, there was in the various public de-
positaries S24,22S, 73O'39, for which there are
Government securities, held by General Spinner,
amounting to $50, 800.
Personal. Vol
The Count de Lasteyrie of Paris, a member of
the French Institute, and until the accession of
Louis Napoleon a prominent representative in
the French Assemblies, arrived in town yester-
day. The Count is lIneal descendant of the
Marquis de Lafayette.
Brevet Colonel B. e. johnson, V. r. c., and
Colonel John Mansfield have been ordered to
report to General Howard for duty in the
Freedmens Bureau.
A Financial Furry.
The failure of the Merchants National Bank
has caused general feeling OF dissatisfaction
among depositors IN other institutions, aud yes
terday quite a run was made on some others,
and large amount of deposits have been re-
moved to Jay Cookies, the First National, and
to the United States Treasury. There are no
other suspensions, however, and it is announced
by Maury 4 Co. that they will resume to-
morrow.
Virginia Freedmen.
The Inspector. General of the Freedmen
Bureau in Virginia has just reported to ia,
Assistant Commissioner at Richmond the result
of a thorough investigation of the affairs of the
freedmen in the State of which he has just com
pleted an inspection; his report on the whole Is
comparatively favorable He represents the
various colored schools generally well attended,
and the prejudice existing against the freedmen
slowly but steadily diminishing. The sanitary
condition of the freedmen has so far improved
throughout the State that all Bureau hospitals
have been abolished, the employers, in COM
pliance with the terms of their labor contracts,
furnishing the requisite medical attendance.
The demand for labor greatly exceeds the sup.
ply in all portions of the State. The wages of
the male freedmen average about $l2 per month,
including food, quarters, and medical attend
ance.
The Merchants National Bank.
The doors of the Merchants National Bank
rem ain open, and the officers remain there,
making promises OF future redemption, but with
no prospect of being able to fulfil them. 1t ap-
pears that there was on deposit from the lnte-
rior Department on account of Indian funds,
$32,937; Post Office De partment, dead letter,
fraud, waste paper fund, and disbursing clerk,
$4,000; Treasury Department $4,000; and other
Paymasters and Quartermasters, $640, l63; total,
$685., 900. Gen. Spinner holds above the amo unit
necessary tor the redemption of the notes of
the bank about Sl4O,OOO, leaving a loss for the
Government of S547,OOO without having re-
course to stockholders, or counting upon the
probable non.return of large portion of the
notes of the bank, or the bank recovering 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 liabilities and assets. Informa
ton from Baltimore indicates that nothing Of
any account viii be recovered from Bayne, or
Bayne & Co., of Baltimore.