, 1873-11-05

nASk STATEMENTS tA1t1,l.D fo1t.
WAsu1SuToE, Nov. I.--Tl!o Comptroller Of tito
Currency today issued Il circular to Ill tho Ma
tional Danlts requesting them to forward Bpecnl
rop ortB of their condition ut tho eloso Of busi-
moss Oil Monday, Oct. ii, and Saturday, Nov. !,
1871. These reports viii 10 especially useful in
asrer!aipny },ow muel, currency tho National
Da,lks III tic different cities and in different
Ssates had OIL lalti during tho pa,lic md Btlf-
November after tho pooling Of grccnbacks Ind
ceased III Now York city. lilo circular says tho
publication Of these rel,orts III newspapers will
not bo required md tho statistics will bo 'ised
ony o s Gf yy IL aees a savoa or t
cities and States. or table Of tito aggregate
condition of all tho ba,lls or tho Union, III nny
le thought most advisable.
TREASURER srl.'S1;ls's ANNUAL nEponr.
WASHINGTON, Nov. 4.-Trcahurar Spinnor, it
his thirteenth annual report, sayB tho falling or
i'll tho recolptn for tho pnBt year from customs
ntlonntB to 338, ,280, ,7GI. aIsd from internal rev.
enuo, :16,912,7sC, while tho expenditures aro
largely III excess Of thoao Of previous years.
Tlesa fnctb combined 1nnlo M interesting Sub
joct for reflection, the Bt'ldY Of which will nshko
aCood guide, it not o warming to CongrosH, and
tho Administration officers aa we'll, Of tho course
that sLnl bo pursued III tho future. Either tax
hardly be thought Of, or tho appropriations must
10 kept largely helow tho receipts. Ot1lcrw1Be
the rapid reduction Of tho public debt will bo ar
rested, if not abandoned.
;rrcaaurer Spinner eaya fo'v if any be!ieyo the
yoIuo OF tho c1.rroncy nj 1ixe1 by Inv stands at
an amount that is exactly right. It must be
obvious to all who hayo MI iutcroat iii, and WHO
hnvo watched the colllao Of business nnd Tho
financial returns Of tho country, that thero aro
many times whom tho reat warts Of tho country
demand and tllero alou1d be, an
1ScnEABE or CURRENCY,
and that there are other tinscs when tho safety
Of all legitimate busineBH requires that it should
be lurgcly decreased. What 10 really ncot1ol iH Il
1notlato itHolf 10 tho business wants If tho
whole country. Aftor arguing tho question, the
yreuB,;ror nays tint for tho existing notorious
evils ronaedy should bo found mud intcrposcd,
which remedy. he thinks, is tho fssuo Of legal-
tenders convertible into bonds ut y
Low RATE OF INTEREST.
G5.10o being tho rate most likely to satisfy al
conditions to DO met. He tluks it more tan
probable that it will not roqure ar increase Of
the hulk OF legal-tculcrs ahovo tho preae1tt
minimum amount Of $500, 600 will ordinarily
DO sufficient for tho capy transaction of tho lcgis-
innate business Of tho country. Tho project Of
THE roBT-oFf1oE BAy1Sns
banks, nbout which lilo Bureau has beon cnn-
suited by tho postmaster-Gencsal, il warmly
commended by tho former al ono that would not
only bo OF great benefit to the individual depoa-
ltors but to tho Whole country al VOL.
THE PUBLIC DEBT
Tho l1nfavoraDle showing Of tho public debt
StatoIcut IAN lncron6o OF S3b0G, ,0CD), 1ssiied
Saturday. il ACCOUNTED for at tho Treasury by
Tho announcement that tho revenues have hec1
very much diminished by tue partial pro3tration
Of business, growing out OF tho financial panic.
At tie sarao tiIno tho demands upon the Trons-
| 1ry hayo becu az largo as usual. Every ono who
hold claim against The Government pressed for
its payment, nj tho Treasury Has tho only Borco
froln which l,o could obtain relief financially.