The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1874-12-15
By FEIEssasAPEi.a
. Latest News fron Washington.
The Atijournniena or Congress for the
III oiisd q ys-Thc Entertainment f
/ King KasnkRua. De. s.. Z ~ e

King KaEakRua, DE. 4 @ ' ~
Especial telegram to The Dispaichl !,
WAsHlNaroN, December H. Congress wi
|adjourn one week from tomorrow for tn
holiday.recess. In the mean time as ,mucl
work as possible win be done il the way q
introducing bills, though nearly ali othe
business will be postponed till after New
Years Day. Agitation on the civilfight
bill has com menced, but the vote ON th
adoption Of the Senate bill will hardly talk,
lplace until after the recess. The appropria
ton bills will also lie over until then. {.
The President who has been quite sicl
for two or three days past, was in his ofic'
to-day, and received very large number o
visitors.
The Sandwich Island King was not vel
enough to be presented to the President to
day, but will pay his respects tomorrow
after which his round Of pleasure will com
mence. General Sherman is coming here tt
assist in his entertainment. A Joint con
gressional committee will also attend, the
King while at the capital. TIMoN. :
xLIrI. CONGRESS Second Session.
MONDAY, December Il, 1874.
SENATE.
In the Senate to-day large number o.
bills were MISUNDERSTANDING, however, ol
particular interest South.
Mr. MORTON presented a petition of color.
cd men Of Indiana protesting against the re-
cent decision of the Supreme Court of that
State claiming that by the force Of that de.
cision they are deprived OF the rights of citi
zenship and their children of the benefits of
an education, and asking that the proper
law-oficer of the Government be directed to
appeal the case to the Supreme Court of the
United States. Referred to the Judiciary
Committee.
Subsequently Mr.. MORTON introduced a
joint resolution directing the Attorney.Gen-
eral to take out a writ of error from the SUI
preme Court of Indiana to the Supreme
Court of the United States; the Government
to bear the expense, as the petitioners were
not able to do SO.
Mr.. DAVIS, Of West Virginia, introduced
bill making an appropriation for continu-
ing the Improvement Of the Great Kanawha
river, in the State of West Virginia. Refer.
red to the Committee on Commerce.
Mr.. PRATT introduced bill amendatory
of the act granting pensions, so as to remove
the disabilities Of those who having partici.
pated in the rebellion have since enlisted in
the army of the United States and become
disa bled. Referred to the Committee on
Pensions.
Mr.. SHERMAN called up the bill, which
came over from the last session, to amend
the existing customs and internal revenue
law known as the little tariff bill )" and,
upon his motion, the new conference asked
for by the House was granted.
The balance Of the day was devoted to
the reading at length of the bill to provide
new government for the District Of Column
bia.
HOUSE OF REPRESENTATIVES.
The first hour of the House was given to
the introduction and reference of bills.
Among the bills introduced were the fol-
lowing: Reducing postage to one-cent
bill for the relief of the southern States by
compromising their debts joint resolution
investigating the legal and political condl'
ton Of the southern States.
Mr.. You've offered bill paying for mai
service South prior to 1861.
The Secretary of War was called upoufo
the number Of troops in Alabama, wher
stationed, and how the rations given to Ais
bama were distributed.
A resolution for select committee to .
vestigate Vicksburg was also introduced.
The Freedman's Savings and Trust
Company.
WASHINGTON, December 14.-The report
of the commissioners Of the Frecdman'i
Savings and Trust Company will be pre-.
sented to Congress tomorrow. 1t will show
that the commissioners had full conference
with the Secretary of the Treasury, the First
Controller of the Treasury, and the Con-
troller of the Currency as to the several pro-
visions of the act of Congress Of June 20,
1874, and their duties and authority in the
premises, and to determine the plan Of ope'
rationS.
Every dollar received by them has been
deposited in the United States Treasury. and
all expenditures have been betrayed by check
upon the same. The withdrawal of the
available funds on hand at the several
branches was attended with much delay and
difficulty. In most of the cases where pro-
ceedings had been commenced before the
appointment of the commissioners, and had
progressed sufficiently to operate as lien
against the cempany's property before it
became vested in them, they have been or
shall be compelled to agree to an adjustment
by payment of the claims.
The cash and cash items on hand at the
several branches as called for by the books
of the company at the close of business July
18th last, amounted to $49,131.44. Of this
amount $31, $685. only had been received
up to November Goth. The balance of ST.
444.O6 is found to consist mainly of tempo
rary loans, due-bills, and shorts, carried in
the cash of some Of the branches. A por.
ton of this amount will doubtless prove a
total loss.
The commissioners, referring to the diff.
culties with which they have had to contend,
such as defective bookkeeping and general
confusion of accounts, say it is somewhat
doubtful whether they will ever be able to
obtain a correct statement of the liabilities
and assets of the company.
The monthly reports of the branches
show there are on the books OF the company
over $4,000 depositors' accounts still open,
each of which requires q careful eXamlna-
ton. The deposit.ledger balances of seVe-
raj branches, including Washington, are in
accurate and unreliable, those Of the latter
branch alone containing at the time the
commissioners took possession discrepancies
of over $4,000.
Most Of the schedules received show the
amount due depositors to be greater than
previously reported by the offices in charge
of the several branches. AS soon, there
fore, as all the schedules and records are re-
ceived and properly arranged, the commits
soners will reexamiue the accounts, hoping
thereby to arrive at close approximation to
the correct amount of the company's llabili'
ties.
The commissioners say their collections