The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1868-01-25

or resignation. while at present constituted ssrer
emosTassmens IS often felt la consequence OF IN
delay necessary 10 authorize proper persons 70 aC
IN case oil ANY OF tito above disabilities The femal
clerks are also separated into three grades withou
Increasing IN the aggrega the salaries paid to th
CLASS OF the Treasury Department employees at presen
the good.oad aud indifferent all paid alike. and a
thers Is no promotion there Is consequently sle or
inosn'se 10 exeriion. Tho Secretary Is preparing
ie1er 10 the senate Committee on Finance which vii
oony'y substantially sheso facts
The National Ranis..
The Secretary or the Treasury dsy repied 70 the
resolution OF the House requiring him 10 communicate
any Information in his possession in reference 70 IN,
loan by auy national bank in violation OF section 20 oil
the National Currency act. OF any portion or the,
capital IN excess OF the limit provided by that law
upon railroad mining stocks at fictitious values and
whether he has any Information In hts possession thai
any officers OF such banks engaged spscuatlona
In such stock which voive the capital and credit Of
their respective institutions. sc. Tho Secretary Gu
closed report from the Comptroller OF the Currency
who says
On the contrary IN possession Of reliable nfor-
mstion the resuie os recent investigation sufficient TO
satisfy mo that the national banSs particularly those
located In the city OF New York the hxbit OF
leaning their money upon fancy stosks false ncti
slous VaueS. Wh9n excess OF the tati0n
ser bed in section 70 ia reported s imnodate reduction
IN required withoVs inquiry to the character OF the
ourltiss on which such loan based The law lxes The
limit. require conformity with tho law and th such
conformity the part Of the bank regard my powers
As exhausted under the law To the second inquiry Of
the resolution reply that hsve no informetien 10 my
possession that any 0fcors OF such banks engaged
IN speculative operations in such stocks which Involve
the capital and credit OF their respective
are not engaged In such spscaiatlons bo-
cause l have no authority under the law to
oifcsrs Common precedsnss Of the past OF bank dec.
tors and stockholders should torpd tho retention in
office Of any president, cashier teller, bookkeeper or
clerk who was known to be engaged Ia speculative
operations outside OF the bank. The directors and
stock holders have the remedy ia hois own hands and
rency can Interfere only when ssch speculative trans
actions involve the banks violation OF the act OF
Congress- Bank examiners are uniformly instructed to
violations by national banks OF the
under which they wero organized.
The Revenue Cutior Service.
The Secretary Of the Treasury, In . communication
TO the House to-day says
The six steamers employed on the lakes are not of the
character best suited TO the wants OF the
vice. but their services are by unmportan
vaueless, and as they placed there by Congress
In view perhaps OF weghy considerations aside from
ordinary purposes OF the revenue he does not feel
liberty recommend the sale OF them unless they
can be disposed OF without sacrifice He suggests that
If Congress snail DO OF opinion that these
suited for revenue purposes and shall deem Il advisable
70 dispose Of thcm that In the bill authorizing their sale
the minimum amount for which they shall be sold be
inserted In addition to the vessels service there
required for TO meet tho peculiar wants
Of two collection districts the Atlantic coast and
the Pacific namely charleston and Mobile, Loum.
bia river Oregon, aud Alaska in the new pos
session recently acquired fr,m Russia Tho nrsl
ports require built and capable side hcel
steamers OF light draught the shoaness of the waters
preventing the present employment Of tho ordinary
vessels, while the new Northwestern territory requires
vessels properly constructed In view or tho pccuar!
tres Of he coast and climate The department has put
in service ut tao ports Of Now York and Boston small
steam tugs commanded by a revenue cutter officer In
lieu open boarding boats heretofore employed
those ports, which, whilo rendering moro efficient
protection to the revenue , are attended with
and at the same time enabling the department
to reduce somewhat the number Of other vessels
employ cd in tho service. These tugs have made and
making daily many seizures and, In addition to tho
duty Of preventing smuggling act W. police over tho
shipping in the harbors. With this system Of small
tugs confined 10 the harbCrs with proper vessels Tor
duty the coast Tor the purpose OF boarding Incoming
vessels examining manifests and rendering aid TO dis
tressed during the winter required by
believe that only great benefits will to tho
revenue In the prevention OF smuggling but also much
life and property will be saved from shpwrecK. The
entire OF maintaining the revenue cutter service for
the year ending September 80 1857, was 81, 1865 400
The Capture of JEFF Davis.
The Secretary OF War has replied to the resolution
House asking for Information respecting the capture
of Jefferson Davis nle in that department The re-
states that the time Of the capture presen.
eight officers ana one hundred and twcnty-eight en-.
listed men, but their names not given Captain
of the Fourth Michigan cavalry in list
furnished accounts for eight issoned
officers and one hundred and forty i've enlisted
men present said capture copy OF the
ist is enclosed There is no record showing
no name of Lieutenant J. o. Yeoman. First Ohio
,avary. The report OF General J. II. Wilson, United
states Army made to General Grant January L. 1907,
narrates the circumstances OF Lieutenant Yeomans ex
petition No other Information this subject can be
xivcn except what Is in Executive Document No. 90,
fhirty-cghth Congress, first session. House Of Repre-
,cntatlves containing report by the Adjutant General
and Judge Advocate General to which reference is
made.
The Indians.
Colonel James Worth, Superintendent OF Indian Al.
fairs FOR the Southern snpernteucsncy has arrived here
direct from the Indian Territory south OF Kansas He
reports everything very quiet among the Ind.sns in all
that section while tho semuoles and other tribes
making very rapid advances in civilization II is par
lculary noticeable among ihe seminolcs that schools
and institutions FOR religious purposes have aourishod
during the past year Delegations from several Indian
rbcs are expected reach this city shortly FOR confer
snce with the Comm issioner Among the tribes which
viii be represented mo Kiowas Comanches. Chey
nnnes Osages md Pottawattomios.
Revision OF the Army Regulations.
The Commission composed OF Generals sherman,
sheridan and AuQue appointed time since for the
revision OF the Army Regulations has nearly completed
Il abors Genemi sherman ia devoug tho larger share
II his attention this duty. is expected the Com
mission viii have completed It's task by wednesday
,eyl The revision will make material change In tho
natter Of the Regulations though 10 portions
new system OF classification Of subjects has been
doped The report Of the Commission will be made TO
General Grant As as the rspors made General
sherman will rs.urn to the West
The Bureau of statistics.
The Van wye. Rs,renchment Commntes, having come
10 the end OF their investigation Of the Gettysburg
soldiers Asylum lottery scheme. will shortly take up
the Bureau Of Statistics for overhaung Facts have
already come TO Ugh, clearly proving the notorious mis-
OF that bureau. its ex,ravsgance, and,
undcr IT, present control utter worthessness view
Of the iaudable objects tor which il established.
The opirion generally entertained by members OF Con.