The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1874-11-12
U. q. Treasures Statement.

u, -. treasurer Statttntht.
WASHINGTON, November H. Treas
urer Spinners annual statement OF the
receipts for the year ending June Both,
shows decrease compared with the pre-
vious year in customs, caused by the
panic, of $24, ,985, ,6S9, and in internal rev.
enue occasioned BY the recent changes in
the law, of Sll,3l5,529. The expendi-
lures exclusive Of those on account OF
public debt, has been decreased 81 ,S69,-
652. Commendable, he says, as this re-
trenchment is, it is believed it will be
still greater at the cad Of the current
year. Spinner says the labor required
in his office has increased, and suggests
an appropriation by Congress 70 each
department and ts bureaus, of n round
sum sufficient for the payment at dlscrc-
tion to the clerks for work performed as
likely to give a deal better service 10
the government than the present graded
system Of comWnsstion. The reduction
in the number Of female employees, and
the reduction of salaries Of those remain
ing has been source of great incOnvc-
niencc to the department, and Of distress
TO the Door widows and their children.
The Treasury asks for legislation 10 re-
strain the issue of circulating notes other
than those authorized by acts Of Congress,
and making the same Il miSdcneau"r
punishable by u fine or imprisonment, or
both. This evil is mainly at the South,
! in some locations of which almost all of
| the circulating medium consists Of local
issues, by municipalities and manufactur-
ing companies.
He suggests an amendment to the law
attaching penalty for the nOn-paymcnt
within q prescribed time Of the duty due
from any National bank, ofan additional
sum of one per cent per month upon the
amount due and unpaid, the same TO be
! retained from the next interest due OH IT.
stock, held in trust for the redemption OF
its circulating notes. Spinner also urges
the passage Of law authorizing the
Treasurer to redeem the unsigned notes
| of National banks that have been or may
hereafter be delivered in the same man
ner as other notes. The Treasurer re-
commends that loans be kept separate
from other accounts, and also that un-
reliable balances against public officers,
&c, on which it is not probable that any
thing can be realized except through
suits at law, be transferred to the books
or the Register of the Treasury, and.
when advisable, suit, brought there
for.i As to National bank note re-
demption, he thinks that no further
delay will occur, though the redemption
agency is still without sufficient help.
Notice will soon be sent to the bank, adj
vising them of the amounts charged to
their redemption fund, to reimburse the
Treasury for charges for the transporta-
ton and cost Of asserting notes. The
charges will be in proportion /" th"
number of notes redeemed, rather
than their value. The redemption
agency he thinks should be-
made division in the Treasurer.
office subject to the control OF
the Secretary of the Treasury. There
should be- stringent provisions of law
compelling the banks to keep good their
five per ccntum redemption deposit, and
banks ought to be allowed To keep IN en-
cess thereon if desired. An amendment
of the law is also recommended author
iZing the exchange of notes fit for circu-
lation held by the redemption agency
for unfit notes held by the treasury,
which would save double transportation,
expense and time. Another amendment
urged requiring all notes not bearing the
charter number on their face when re-
deemed to be- treated a. unfit for circlIIa-
ton and destroyed. 1t is also recon-
mended that the Comptroller of the Cur
rcncv with the concurrence of the Scrrc-
tarv of the Treasury, be empowered to
appoint special agent t" examine the
affairs of the banks nccIcctlng to keep
up their five per ccntum redemption illh,
and on his report Ii warranted I"
place such bonds in the hands of II
Receiver with these amendments, and
perhaps an inrreasc of the amount to b"
kept in the Treasury for a redemption
fund to seven per ccntum OH the circu-
lation of the banks. The necessity or
non-necessity of which will be known in
time for Congress to act upon. 1t |, be-
Heyed the law will enable the redemp-
tion agency to perform al! the functions
required or expected by C"ngrcN>, th"
Uduhs huu pcOpic.
Safe Burglary Trial. m
WASHINGTON, November ll.-Ihc
trial of the alleged safe burglary conspi-
rators was resumed to-day.
Davidge said the defence WAS partIru-
larly anxious to have +. b. Benson, now
of the Secret Service Department. in
Court, as witness. \ subpoena had bcun
issued for him, but information had
reached here that the Solicitor of the
Treasury had ordered him to remain
where he was, in attendance on Court in
Pittsburgh. Davidgc desired the Court
TO take such measures as would compel
his attendance here.
The Judge said the Solicitor had prob
ably simply directed Benson not to leave
Pittsburgh until he had been subpTnaed,
and he directed the necessary telegram
be sent to bring him here on Friday, and
Mr.. Hill promised 20 lend his aid in the
matter.
District Attorney Fisher was on the
stand. and several times during his testi-
mony the counsel for the Government
objected.
Judge Humphreys said he would in
struct this witness just rs he did all the
others, for when lawyers are called TO the
stand they forget all the law they ever
knew.
The testimony up to tn" recess was rn-
interesting.
Ex-Governor Shepherd testified that
Richard Harrington was in Washington
on April 18th, and lunched with him at
WelSers. This WAS corrohoratcd by
Welker. Several witnesses testified that
number of signatures apparently
Whiteley's were not his.
Forged Stock Certificates.
CoLrMBUs. November ll.-Somc days
age Haydcn,s Bank of this city received
from a banker in Chicago $50 worth IF
certificates of the Hooking Valley stock.
The certificates were endorsed by George
Wilcox former citizen OF this city. and
now = resident of Bloomington, Illinois.
As il was known here that Wilcox could