The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1869-10-15
A SUIT AGAINST BOUTWELL,.
Employees Of the Treasury Department
Suing for Their Twenty Per Cent.
Among the Ma
tiOnai Banks.

keeping tne WORD oil promise 10 the ear ana breaking
1t to the hope. When the Cubans approached him
on the question OF recognizing them "a beiligerens
he said they must first get capital, fixed place
for their government They afterwards went to him
and said they had compiled with his request ana
again urged recognition FISH told them that the
capital was very well, but they must get constitu-
ton. Eager to comply with every reasonable require
ment, constitution was drawn up and adopted, and
In due time Mr.. Fish was informed OF the fact.
That is very good,n said Mr.. Fish; "but you must
get possession OF some OF the ports OF Cuba and
build some ships" The Hornet or Cuba was pur-
chased and put TO sea as compliance with the last
part OF the request, and with view Of acquiescing
in due time in the second. Now Mr.. Fish complains
that the Cubans are violating the neutrality laws.
The Cubans begin to think that Mr.. Fish is not in
earnest and that he wants them TO make brick with
out straw; in other words, when they have driven
the Spanlards from the island OF Cuba and achieved
their independence he viii probably recognize them.
Some OF them are doubtful, however. whether he
VIII not even then require that they shall first go
and subuaate Spain before they are recognized
by the United States.
General Canby's Report the Virginia
Election.
Soon after the Virginia election General Candy
instituted Investigations in the different counties OF
the State where it was complained that the election
was not conducted fairly for the purpose Of ascer-
tanning whether fraud mad been committed intmi-
datlon used The work was assigned to what Is
known as the district commanders and they were
furnished with form Uf questions to be put to par
ties making complaints. The district commanders
met at the county seats OF those counties where the
alleged frauds were committed and heard testimony
both SIDES, after which they reported the result
TO General Candy. In this way nearly every COM
plant has been investigated, and 1t is under
stood General Candy will embody the whole
matter in report to the President through
the Secretary OF War. This report will probably be
transmitted TO Congress for its information. Mill.
tary oflcers who nave been engaged in this duty
say Canby's report, will show that the election
one OF the faires held and that there less
fraud and fewer attempts at intimidation than Is
common at almost every election In the Northern
States. The charges OF fraud were preferred
chiefly by the Wells men or radicals; but when put
upon oath and closely questioned they were unable
to suDstantiate them. AS the only hope OF the rad
calls In having the election set aside by Congress and
the State kept out was their ability to prove I'M
mense frauds and intimidation it Is Thought that
the report of General Candy Will completely defeat
their scheme.
Fraudulent Loans Of National Dan!xs---For-
fciture Of Charter.
A case has been appealed to the Supreme Court
District Court OF Maryland, which, 1t is believed,
Will have an important bearing the national
banks. The suspicion has become general that
many OF these banks have forfeited their char
ters by violating some of the most important
provisions OF the National Banking act. In the
course OF the trial Of the in question, 1t became
evdent-in fact, 1t was admitted that three OF the
principal national banks OF Baltimore had been guilty
OF a direct violation OF the tweatyninth section OF
the act OF Congress. That section provides that the
total Liabilities to any national banking association
of any person, or OF any company, corporation or
firm, for money borrowed including In the Ia
biiities Of the several members thereof, shall
at no time exceed one-tenth part OF
the amount OF the capital stock or such association
actually paid; In other words. the banks not per-
mitted to loan moro rnan ten per cent OF their paid
in capital on any condition whatever. II appears,
however, that these Baltimore banks have been loan
ing as high as eighty per cent OF their capital ana
this for purposes OF stock speculation. When the
National Banking bill was under consideration in
Congress this twenty ninth section was termed the
democratic secton,n and as stated by the lato
Senator Fessenden, was inserted for the express
purpose Of preventing the banks from loaning their
funds for speculative purposes and thereby dlscrmi
mating against the commercial interests OF the
country TO advance the interests OF mere specula-
cities, II their affairs investigated, would be
which they hold their charters IN the same manner
as the Baltimore banks.
Business at the Executive Mansion.
Tho President being absent TO day matters are
exceedingly quiet about the Executive Mansion
General Porter, private secretary, IS of present
attending to routine business. The President was
accompanied to Frederick this morning by General
Sherman Postmaster General ores wel and the
Commissioner OF Agriculture.
Expected Arrival of the New Secretary of
War.
Secretary BelkDap is expected 10 enter upon the
discharge OF his duties in two weeks.
a SHIT Against Secretary BoutwcH.
The machplsts In the Bureau OF Printing and
Engraving having entered suit in the Supreme Court
or the District for the twenty per cent withheld from
their wages, q writ was yesterday served on Secre-
tary Boutwell, by Deputy Marshal Phillips, to appear
before that court and show cause why the twenty
per cent should net be paid,
The Secretary of the Treasury Practising
LAW,
Secretary Boutwell, was at the Supreme Court
to-day engaged as counsei in patent case.
HenIfh OF Admiral Farrasat.
A telegram was received at the War Department
this morning announcing that Admiral Farragut Is
still In very precarious condition, though some
hopes are entertained of his recovery.
MIR. Richardson 10 Press His Resignnfion.
Assistant Secretary Richardson, OF the Treasury,
was in attendance at the department to-day, but
intends pressing ais resignation, as he desires to
relinqush that Office Immediately and return to MS
position on the bench of the Superior Court OF Mas
saehusetts next week.
Personal.
General Patrick II. Jones, Postmaster OF New York
city, has been here few days on oiacal business
with the Post ONCE Department.