The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1874-04-25

Mexican Republic the United States agreed to
pay certain sum OF money. In the previous arti-
cs one o. Inc o. wns az 70
founded on alleged Indian lncursions we're re-
moved BY the abolition o. the eleventh article Of
In the beginning OF the following article must,
therefore, include those reclamations. There Is,
Guided rom the meaning OF the same word IN the
second article OF the ratified treaty; but, whether
the translation into Spanish was correct or not It
was the Mexican government alone which was
responsible for 1t. The spanish version was never
submitted TO the senate OF the United States,
true that Mr.. Marcy stated in his note 10 General
ROBES OF December II, 1855, "tnat the Amendments
H ,"e senate was sent to General Aonte to be
ncatlons Of the reaty, bat there is DO proof what
eyer that the translation was sent back to Mr..
onered any opinion as 10 its correctness. On the
COZ \. General Almonte asked. on the
ments might be sent to him, because
ne wished to despatch his mail to Mexico on
t sne iUllowlag night: on the following day. the
General AlmOnte. There could therefore, have
been very little time to discuss the correctness OF
Lnc translation, nor could there be any object in
dong 20, TOR the amendments or the senate were
dnal, and 1t was intimated that no modification
OF them would be admitted by ,ne United States.
General Almonte was known to be complete mas
Ter OF the English language. He must have we'll
understood nd nom his knowledge Of the language
OF the treaty. the real meaning OF the English OF
the sentence IN question, and the umpire believes
tnat ne correctly rendered 1t into Spanish. In the
absence or any reasons having been put forward
by the Senate for having reduced the sum to be
PAID to Mexico from $15 5000 TO $40 600 0OO the
umpire considers 1t out Of place to have recourse
to supp0sitions.
It Is however. a fact that according to the
amended treaty smaller portion OF TERRITORY was
10 De ceded by Mexico than was stipulated In the
nnratifed treaty, and that by the latter the
United States were exonerated from all claims OF
Mexican citizens which may have arisen since the
GATE oil the treaty o. Guadalupe. The release In
The amended treaty was not SO comprehensive
These two facts may account for The reduction
made by the Senate in the amended treaty.
:. Notwithstanding. however, this reduction, the
pay substantial value In consideration OF the
stipulations contained in the first ana second art-
cles.
The umpire holds that one of these stipulatlons
VIZ, that contained IN the FIRST sentence OF the
second article, released the United States from
all Claims oil the nature OF that advanced by Don
Rafael Agulrre, In the case Nc. 49, and he there
lore l awards that the motion OF the agent OF the
united states, presented to the Commission on the
EDWARD THORNTON.
WASHINGTON. April 10. 1874.
1t will be remembered that it was upon this
question that the Commissioner ON the part OF
Mexico, M. Guzman, caused deadlock in the
business of the Commission and was recalled,
being succeeded by Manuel Zamacona. The inter-
ruption OF business ut one time threatened to
render void all the work OF the Commission, so
that the removal Of this serious obstacle will now
facilitate the laDors OF the Commissioners both on
the part OF the United States and Mexico.
The Geneva Award.
The Geneva Award bill reported from the Judi
ciary Committee to-day provides for the Presiden-
tial appointment OF Court of five commissioners
to adjudicate all claims which, according to the pro-
visions OF the bill may be presented to them.
These claims restricted to such as directly re-
suited from damage caused by the Alabama and
Florida and their tenders, and by the Shenandoah
after her departure from Melbourne, ana allow.
ances are to be made only for the excess OF the
loss over any amount received as insurance. No
allowance shall be made for unearned treights,
prospective profits or seamen and officers wages
for longer time than one year after the breaking
up OF the voyage, and no allowance shall be made
to any insurance company except for the excess
OF It's loss over Its gain from premiums. II the
fund holds out interest may be paid on the
amounts awarded at the rate OF four per cent per
annum, and five per cent IS to be deducted from
each award for expenses OF the United States.
Reported BAD Condition Of the Freed
mans Savings and Trust Company
Other Institutions i'm Disorder.
The financial condition OF the Freedmans Saw
ings and Trust Company having been for some
time under suspicion Mr.. Bromberg, Representa-
hVc lOM tHo MOullc OlIt ulSLTlCG, OHeTcQ y
resolution in the House on April 10 that
the Comptroller or the Currency should
furnish the House with copies OF the
reports fie in his Office the condition OF that
institution. These reports were received this
morning, but were not addressed as Mr. Bromberg
requested OF the Comptroller, to the Speaker OF
the House, but to the Committee on Banking
and Currency and were passed upon to-day in
an unusual manner by being referred to the
committee without the customary order OF
being printed. Many delalcattons and irregularl-
ties are believed to exist In the various branches,
seventeen out of thirty having been examined.
The institution here has been paying large and
warranted interest and also extravagant salaries.
The law which requires them to invest in United
States government bonds has been, it is alleged,
ignored, and the money Of the institution has been
loaned, 1t is stated on reliable authority on the
furniture OF hotel and market bonds OF this CITY,
An effort will be made to close the affairs OF the
institution without delay.
Senator Stewards National Bank Bill.
Senator Stewards BILL introduced to-day, to pro
hibit national banks from loaning money on
money as security, and for other purposes, pro-
vides that no national banking association shall
hereafter offer receive United States notes, ma
tonal bank notes or gold or silver United States
coin as security or collateral for any loan OF money
or for a consideration agree to withhold the same
from use, or ofer or receive the custody OF such
notes or coin as security in consideration for any
loan OF money. Any offence against this provision
is co be punishable by fine not exceeding $4,000
and further sum equal to one-third OF the money
so loaned. The officers Of the association are also
subjected to rurther fine OF one-fourth OF the
money loaned-all penalties to be recoverable for
the party bringing the suit. The bill also provides
that gold notes issued by national banks shall be
receivable for customs duties.
The Postal Telegraph Scheme.
senator Edmunds' bill, introduced to-day, for the
creation Of Commission on the Postal Telegraph,
authorizes the President to appoint Commission
consisting Of an army oflicer OF no lower rank than
lieutenant colonel q naval officer not less in
rank than commander, and private citizen ex-
pert unconnccted with any telegraph company, to