New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1868-01-25

| 10 which the President replied:
BARON GRRALT-A curious incident related in Prussian
history IL worthy OF mention on tins occasion. It was
sad That after Prussia had reganed condition OF peace
IN 1901 diminished in territory and slorn Of political iI
nnence, the King invited public teacher Fche, TO al
! wise nm by what means inc Prussan Government
tesooe Us former Ples,ge; me teacher dncn
denee had now to Do rebuilt from its foundatons Una.
away In the tornado which had just passed over thelr
heads; that new growth must take place. springing
from deeper root and quckened by frosher stream
The which suggested for this purpose were the
establishment at Berlin OF new school OF o,
higher education, free from the imperfeetons, OF OF
the old Universities from which, az from
the spiritual heart Of the community current OF lie anu
energy might poured forth through all Germany lhe
seyice was adopted aud has ever since been pacteay
pursued You Baron VII Know better thah ed ne rta n
II is, however that the event Mh,h en- e es1ah
| shment Of the Prussian Kingdom upon hrner
foundation before but also great adj toward
maxim With us that intelligence and strict observance
OF constitutional law essential TO free government 1t
IL that ia the OF Germany universal edura
| ton il element Of national union and agglandl,e-
ment. could not refuse you welcome In your
| Of the North German Union without doing violence
TO the sentiments Of the whole American people Hon
happily not the only whose wishes. counsels and Ia
boIs were contributed constantly and fcaressy durlbg
raton and tho indcstructablc unity Of the United
and the 20, peope of North Germany that they
may always expect apprecatiN9 ana sympaalln's,ug
States As yourself Baron, you may rest assured that
thu esteem in which you have been held among IA VIII
suffer 40 abatement II such misfortune should occur
it wOud make almost disrustful of the possibility OF
mutual! confidence between statesmen aud enlightened
nations.
The Secretary Of the Treasury, in a communication
| TO the House to-day, says:
Tho six steamers employed on the lakes are not OF the
character best suited 10 the wants Of the Revenue
service but their services by means nimportan
Vaueess and as they were placed mere y Congress
! in view perhaps, Of wcighty considerations ASIDE
| from the ordinary purposes OF tho revenue,
| he does not feel at liberty TO recommend the
sale OF them, unless they can be disposed ol without
sacrifice lie suggests tnat II o3nS e., snan pe :"
opinion that these vessels are Tor revenue pm
poses and shall deem II advisable To dispose OF thc that
! in the bin authorizing then sale the minimum amount
Tor which they shall be sold be inserted In addition 10
the vessels III service, there are required Tor use
b TO meet on TIE S0" H %Ie' u co SG and
two on the Pacific, namely: Charleston and Mo-
new possession recently acquired nom Russia Inc NET
two parts require stIoDgbut and capable side-"hcei
steamers Of light draft, Tie sAOauess OF the waters pre-
While he new Nort. .stern TERRITORY rcauircs vessels
properly constructed. IN view of The pecu,ues OF the
| M tho norris Of New.York and Boston small steam.
! tucf cOmmanced by a revenue cutter officer IN
lieu OF the open boarding boats heretofore employed
at those ports which, while rendering efficient pro
lection TO The revenue. are attended with less tApnSe
than The open boats reforcd TO, aud at the same time
| enabling The department TO reduce somewhat tne
number OF other vessels employed 10 tie service These
tugs have made and making daily many seizures, and
III addition 10 the duty oi pcVtuulg smueghg act AZ
police over the shipping n the naibos WIN ths yatm
Of small tug confined TO tie haTbors with proper Ncss'
/ Tor "uly oh te coast lof lhc puip"a', ul n'ai"
ing incoming vessels. examining maulic-is ana rendering
qmIed by acts ~ congress Inc department Ha' every
TO believe that not only great benefits viii accrue
,,-b f ,d ,,'Irt,- d, I'M Ic .,v.d frr,n .,p,,tr,k
luch nc ana Property "h' %, 7iN'u nun oNllNI''n,
The entire cost of maintaining TIE revenue cutter service
! Tor tleyear ending sept "a, 1891, was :ldo5;tOo
The Secretary of War has replied 10 the resolution
of the House asking for information respecting the
capture of Jefferson Davis. on file IN that Depart
ment. The report of Col. Prchard. commanding he
expedition, states thar 40 the time Of the capture
there were present eight officers aud rs enlisted
men, but their names are not given Capt. liatha-
| way of the 4th Michigan Cavalry ia a list suDse-
qucntly furnished accounts FOX eight commissioned
officers and 40 enlisted men present al said capture.
"A copy OF the list Is iuclosed. 1hcTc Is no record
! showing the uame-lleut. j. -. lcoman, lst OHIO
Cavalry. The report Of Gen. j. II. Wilson, L. : A.,
made 10 Gen. Grant January Il, 1851, naudtco The
! circumstances ol Lieut.. lcomaus expedition. No
other Information ou this subject can be- gwen except
what is IN executive document Sc. 80, lnlriyciEnth
Congress, flisi session. House II Representatives,
containing a report by the A'lutani- General aud
Judge Advocate General, to which reference % made
The Secretary Ot the treasury To-Day replied 10 the
resolution of the House. requiring him TO cOnmuni-
cate any information IN his possession IN regard 10
the loan By any National Bank in violation OF section
- of the National Currency act of any portion OF
their capital IN excess OF the amount provided by
that law upon RAILROAD or mining stocks ~ hcttiOns
values and whether he has any iniormationln ms
possession that any officers OF such banks are engaged
IN speculatiOns m such stock whlch Involve
the capital and credit OF their respective Institutions.
&c. The Secretary enclosed report from the Con-
trOller of the Currency, who lays, on the contrary,
am IN possession OF trustworthy Information, tho
result az recent Investigations sufficient 10 satisfy
me that the National Banks, particularly those 10
Gated in the City of New York, me not III the habit
of loanng their money upon fancy stock at false OF
fictitious values. When loan, IN excess Of the lin
tatiOn prescribed IN section - IS reported It's lmme-
dato reduction Is required without inquiry as o the
character Of the securities on which such loan II
| based. The law fixes the limit. require confor-
nifty with the law. and, with such conformity oil the
| part of the bank, regard my powers exhausted
under the law 10 the second inquiry OF the resolu-
| ton reply that have no information IN my pos
session That any officers of such banks are engaged
| in speculative operations IN such stocks which
| involves the capital and credit OF Their re-
! spective institutions am not able 10 reply
Affirmative that know they are not engaged in such
| specuatOns. because have authority under the
law to investigate the private or personal transac
| tons of bank officers. Common prudence OH the
part of bank directors and stockholders would for
bid the retention in office OF any president, cashier
! teller, bookkecper or clerk who was known to DO
engaged IN speculative operations outside
| Of the bank. The directors and stockholders
have the remedy in their own hands and should APP
ply II Tigidly As Controller of the CuTTepcy can
interfere only when such speculative transactions
involve the banks III violation OF the act OF Con-
gress. Bank examiners are uniformly instructed 10
report aud all my official powers are exercised to
prevent violations or evD,l0ns by National banks oil
the act under which they were organized.
Col. James Worth. Superintendent of Indian AZ
fairs for the Southern SuperntendenCy has arrived
here direct from tho Indian Territory south Of Kan
sas. lie reports everything very quiet among the
Indians IN all that section. while the seminoes aud
other tribes making very rapid advances In civ
ization. 1t IL particularly noticeable among the
Sennoles that schools and institutions for religious
sga0ns from several Indian tribes are expected 10
reach thiscity shortly for conference with the Com
missioner. Among the tribes which will be repre-
scented are the kiOwas, ComancheS, Cheyennes,
Osages aud POttawattomies.
Private adyces from Cincinnati say that the forth
coming meeting Of the officers Of the Army of tho
Cumberland OH the 9th Of February will be generally
attended. large number of the general Officers of
that army have already signliied their intention to
be present. Halffare arrangements have been com
pleted with the principal roads contering IN en-
Cinati.