Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1873-12-01
A@A AAA%~AaASAaE n ANA-A 0A~AtJo
Annual Reports Of the Secretary OF War,
Of the Navy, and Of the ComptrOI-
Ter Of the Currency.
Condition OF Our Army-Recommenda-
tIons and ApprOyals-What Gen.
ersl Sherman Has TO Say.
The Little Reck Railroad Brldge-The
Present Financial Crlsis-The Leg
islatiOn Required Of COR-
gress, Etc.
The Secretary Of the Navy On the Con.
ditiOH, Wants, and Efficiency Of
Our War Marine Service.

WASHINGTON, November 29.-The annual n
4 sort OF the secretary Of war shows that th
+ estimates for military purposes for the yea
ending June 30, 1874, are SS3, yS7s; the est
mates for the same purpose for the year end
ing June 50, ls75 are So, ,al0z22, the excess owe
8ie current year being S5Si ,J44. The appropria
tons for military purposes Ior the year end
70 the usual estimates already made, the fol
lowing are submitted for such action as con
gress may deem proper TO take: Arnnamen
Tor forts, sIl 1850; estimates for enginee
purposes, 81, ,459, ,S96. He recommends that bet
Ter facilities 60 obtain field musi
clans be afforded afforded b9E the passage
boys not under twelve years or aee sTitlsasIf tll
consent of their parents or guardians. III
i secretary says his order direct1ng officers nc
i've or retired 20 refrain from visiting Wash
ingtOn during the session Of congress with
view 70 influence legislation, VIII be strictll
inforced, in 50 far as he has power He ais
| says further, that legislation is necessary I.
1 define the scope of the provision Of the &C
regulating the pay of officers, communication
etc. The secretary recommends that an al
! lowance OF ten dollars per month be made d
aeutenants of the line detailed as acting az
sistant quartermaster OF the fifty railroad
which purchased material from tn
department at the close of the war, to tn,
| amount of s., $4,000. Thirty of then
have been paid in full, and to the remainins
twenty there is still due about S2700,Oo9 d,
recommends the passage of Law which viii
enable the department to collect from tn,
pcstoffice department the postal earnings o
several Of the delinquent railroads. He ais
| recommends an appropriation to continu,
1 the experiments On the artesian well at For
| ID. A. Russell, believing that series OF flow
\ ing wells, to the people of Colorado adjosninl
| Dakota and Montana, will be of importnncl cl
| in the development of their material re
| sources. He also recommends that an act bt
passed authorizing the issue of tobacco as par
! of rln rf aaraIf fse7-
that the medical corps be opened TO ap-
| pointment and promotion; that there
be arrangements made for an increase
| OF paymasters from forty-four TO ffty-two
/ and that new appointments and promotions
/ be allowed. That the works on the keaco asst
| defenses and fortihcatiOns be advanced with
I the rapidity consistent with economy, and
/ the works for our principal harbors now con.
| tain quite a number OF platforms ready for
their armament Of guns of the largest cafiber
The harbor defenses in course OF construction
| are recommended TO be forced to completion.
The secretary invites the attention Of congress
TO the bridging OF the navigable waters of the
United States, and suggests such a general
legislation as may be necessary Tor the
preservation OF the channels of commerce. He
recommends the repeal Of the law authorizing
the construction OF bridge across the Arkan-
sas river at Little Rock, for The reason that a
bridge constructed according to its terms
would materially obstruct navigation. The
survey of the lakes has been continued with
success during the season. The Springfield
system of breech- leaders will hereafter be used
Tor 1nuSEefS 6lQ CdTgl06S IN the ArmV An
appropriation Of 500, 900 is asked tor, TO manu-
facture abOut 5000 arms Of an accepted sys-
TEN for a reserve supply in case of war. 1t
is recommended that the appropriation for
arming aud equipping the militia be in
creased in proportion 10 the increasing popu-
lation since the passage of the act Of 1908
The cities on the seaceast, it is stated,
are in a Very defenseless condition, and
the secretary calls the earnest attention of
congress to the fact suggested, that million
and a half Of dollars, the estimate of the chief.
fRf rfsafn to-
state Of defense, and says this country will
only provide defenses with one-ffth of the
complement of guns required for the different
fOrtiications. The purchase OF approving
ground Tor experiments in heavy guns is ad-
vised; also, an appropriation OF seventy-fiVe
thousand dollars for the manufacture and
trial of twelve-inch cast-iron rified cannon.
A large powder depot il is recommended
should be established in some region where
neither private nor public interests would be
endangered, and away from the influence
Of salt air, and for the purchase OF site and
commencement of the magazine one hundred
thousand dollars should be appropriated. In
The same connection il is recommended that
smaller arsenals be sold and large arSenals be
built from the proceeds OF these sales Tbs
secretary concludes by recommending that
Legislation should be renewed, giving the sec
retary of war authority TO appoint a coInpe-
lent person to arrange and prepare for pub
lication official documents relating to the
rebellion and operations OF the army during
the war.
General sherman, in his report 10 the Sec
retary OF war, says the number of enlisted
men is ass less than the 10000 limited by law
IN active regiments. The number of men sick
and on necessary duty about posts
swell fully eqnal TO 25 per cent,
itary service does not exceed 1852 men. In
order that the regular army should fulfill its
srduous duties on the frontier, as also TO form
a model on which 10 shape the volunteer and
militia force of the United States, earnestly
recommend that congress be asked to fix the
limit of the enlisted force at such figure as
Oil thirty tnOnEa 10
the line, and TO provide specifically for nom
commissitant detachments, such as the enRi-
neer battalion, ordnance department, West,
Point detachment, signal department, ord
nance and commlssary sergeants, In the same
manner as has been done for hospital stew
ard. Artillery regiments have an organiza-
ton different from the infantry, viz: twelve
batteries TO a regiment, but Of these only
one is equipped and instructed as a battery of
artillery, the other eleven companies OF each
regiment being armed with muslIets and in
structed as infantry. Regimental commits
stoned officers on duty, or belonging to the
several departments and divisions, number in
the aggregate, fifteen hundred and thirty-two;
present for duty, twelve hundred and thirty
four; absent on leave or detached, two hun
dred and ninety-eight. The foregoing does
not include thirty-one second-lieutenants Just
appointed from civil life and under orders to
join their regi ments. The military divisions
emb brace the whole area of the United States
and their reports, forwarded TO the secretary
of-war, include the acts of all the regular
army. No part OF the army, General Sher.
man says, is under his immediate control, and
the existing army regulations devolve on
the secTetaTy-Of-war the actual command of
the military and peace establishment,
and all responsibility thereof, so that
he iorbears making any further recommends
tons on the report.
OF THE COMPTROLLER oFTHE
CURRENCY.
WAsHINGroN, November G.--The comp
trOller of currency, in his report says the pres
ent financial crisis may, in great degree, be
attri buted TO the relations of the banks in the
city OF New York with the transactions of the
stock board. More than one-fourth, and in
many instances really one-third, OF the bills
receivable OF the banks since the late civil
war having consisted of demands and loans to
brokers ana members of the stock board
whicn transactions have tended to impede
and unsettle, instead of facilitating, the Iegit-
mate Business interest OF the whole country
Previous 10 the war, the stock board is said TO
have consisted Of only one hundred and nifty
members, and its organic principle was strictly
business under a stringent and
conservative constitution and bylaws. The
close of the war found the membership of the
STOCK board increased TO one Thousand one
hundred, and composed Of men from all parts
of the country, many of whom had congregs-
business the apt motto OF Horace Greeley
Make money. Make it honestly If you can.
At all events make money" The Iaw of the
state OF New York, which had been retained
on the statute book since 1918, restricting oper-
atiOns OF the stock board had unfortunately
been repealed In 1885, so that its members
anu UldnlDuldtDIS were enabled TO
increase operations 10 gigantic scale. The
quotations OF the stock board are known to be
frequently hctiOns of speculation, and yet
these hctiOns control the business and COM
merce OF great country, and their influence
is not confined TO this country, but extends TO
other countries, and seriously impairs cur
credit with foreign nations, railroads, and
other corporations, which they have bolstered
up and which have obtained Quotations, and
in London and other markets of the world
have nov been reduced 70 more proper valu-
"a list
Unity OF action, 1t IS said, among
leading banks of the great cities, will do more
for unless such corporations shall
unite and insist on legitimate methods of con
dueting business, the laws Of congress in ref
erence thereto will likely soon become in
operative. II, however, the banks are des-
tined 70 unite for such a purpose, The legisla-
tiOn required of congress viii be such as viii
induce associations outside OF the city af New
YORK 70 retain in their vaults such funds as
are needed at the commercial center for pur-
poses OF legitimate business. The following
statement mas been prepare5o showing the
legal-tender notes and fractional currency
issued 10 october 18th and November LIST, 1873.
The totals are as follows: National bank Oc-
tober 18th, s352 0i9 056; November LIST, $3.50, ,S32
sS4; legal-tenOer notes, October 18th, S55s ,566,
6ss; November lst, $3.50 952, ,2O6j fractional eur
reney, October l3th, s4o,6s9, ,lsl November lst,
sG ,s76,l49. Totals, October 18th, s755 3l5, ,lS5;
November LIST, S759.l6i, ,2B; deduct amounts
held by the treasury and by the banks Oclo-
Der IBID, sllo,496,9y1, and November LIST, Sl2b,-
40 ~, which will leave unaccounted for, Oc-
tOber 18TH $3.50 SIS, ,lsS, and November lst, s5Sl
20 ,5l2. After making due allowance for the
currency held By State and savings banks,
tTust companies, and private bankers, these
are larger amounts than can be supposed to
have been in the pockets of men or the 1ills Of
small dealers; but IL may be left 70 the in
genuous la such matters TO divine what por-
fion OF that was boarded by the tinlid, the ig-
nOrant, or the covetors-
THE SECRETARY OF THE NAyYE RE-
PORT.
WASHINGTON, November 50-Th0 secretary
30 lhs navy, In his report 70 the President,
avs there are now in the navy lb5 vessels, car
wing, exclusive of hOwitzsgh, l1d5 guns, a re-
iuciion since his last annual report, by sale