New-York tribune., 1874-06-23

| lately removed. The Senate was at the tiine III
Executive session. and at once confirmed the noi-
inaton, but Mr.. Bass subsequently declined 10 ao
! cept the position. The selection OF Mr. BASS was
received with universal appreciation, and was tahen
as proof that Secretary BrisOw is fully In earneS.
in his endeavors to cleanse thoroughly that nest oi
incompetency if not of dishonesty far as its late
higher officers are concerned. Mr.. Bass, as new
member of the House, has during its present Session
made for himself an enviabe record, and II ne 10,
mains in Congress is likely to become one OF ts oS'
valuable members. He has served for the last 'n,eo
months as member of the Joint Committee 10 III
vestgate District affairs. and devoted himself cnith! ,
to the almost impossible task of unrayelne III ~
mysteries of Treasurer Magruders accounts. NE ~
examination of that officer was one OF te epaip
and most thorough of the whole lnVestlgatVn, a' W
his entire course during the inquiry proved him 10
be not only able but honorable, honest ana , inuo
pendent His declination has caused great dlsap-
polntment.
THE CURRENCY BILL SIGNED.
The President has signed the Currency Dii lc,
ported from the last Committee of Conference anu
it has therefore become law.
ELECTING THE PRESIDENT BY POPULAR VOTE
In the House, yesterday, proposed amendinch.
to the Constitution in relation to the election Vi
the President and Vice-President was reported py
Mr.. Smith of York, from the Committee on
mitted, with leave to report at any time next ses-
sion. The gis of it is to allow the vote to be cast
directly by the people by Congressional Districts
the State to throw two votes for the person re-
ceiving the majority of these District votes where
two persons receive the same NUMBER, tne Dta'o 10
to cast one vote for each.
ORGANIZATION OF THE NATIONAL BANKS.
The Controller of the Currency is prepared TO re-
ceive applications for the organization of Nationai
oll md Son
plications may be made by letter giving the names
of not less than five shareholders of the pro-
posed organization, which should be accom-
panied with the Endorsement of the Senator
or representative of the District where the bank Is
to be situated, giving satisfactory information III
regard TO the character aud means of the applicants
Applications will be considered Immediately
upon their receipt and, if approved, lhe
necessary forms for the organization OF
thenew banks will be Mt once transmitted
Under the new apportionment all the western
and Southern States and Territories, with the excep
ton of Colorado Montana and Wyoming, VIII De
entitled to additional circulation. The State OF III
diana will be entitled to about S2,SOO,OOO, ONO 10
about SGOOO,OOO, Minnesota 100000, and Nebraska
S3OOOOO. The other Western and Southern states
will be entitled to much larger amounts.
The following banks have been authorized 20 COM
mence business
Peoples National Bank OF Rock Island, H., with
capal OF slOONc0; First National Bank OF Bellsvie
H. with capital OF sl25 OoO Citizens National Bank
of Wonchester Ky with "A capital Of sl26,5oo; National
Southern Bank of Bowling Green, KY, with capital OF
$4,000; Marion National Bank OF Lebanon, Ky with
capital Of 10000.
National bank notes of the denomination OF $40
are now being issued TO the National banks as here
iofore
PROBABLE DEFEAT OF THE TAX on TIE
BROKERS.
The Senate passed to-day the tarih bill suOstan-
tally as it was reported by the Senate Committee
and the bill has been sent to Conference Commit
tee One of the most important of the Senate
amendments was to strike out the section of the
House hill leyyipg tax of one twentieth of one per
cent on all sales of stocks, bonds gold and SILVER
bullion, coin, and other securities: DIS ahhehu-
ment will probably be cOncurred III by the HOUSE,
THE END OF sANBORN AND JAYNE.
The President and members Of the Cabinets were
at the Capitol several hours this morning and also
tonight examining various bills presented to the
President for his approval. He signed large
number of them, including two or three
General Appropriaton bills and those for the pay
ment of over 5000 in satisfaction of awards IRON
the Southern Claims Commission; for the repeal VI
the Janborn Contracts and the Anti-Molety bill
PosTPoNEMENT OF THE ARKANSAS INYEsTIGA-
The Committee on the condition OF Affairs IN
Arkansas, which has leave to sit during recess, has
arrived at the conclusion to postpone tili next sep
tember any visit " that State.