New-York tribune., 1874-07-04

profit or compensation to the association or the COM
pany. whether the earnings of the same have been
or NAV hereafter be divided annually, semannualiy
or at any period. Late in the session Congress
passed an act explanatory of the act of June 81,
1864 providing that all deposits made in insttutlohs
now existing which do business only as savings
banks and are recognized as such by the laws Oh
their respective States or by Congress, shall Do
exempt from taxation the same as deposits IN saw
ings institutions having no capital although tney
have a capital stock OF bond for the additional Sc
curty of their depositors and pay dividends thereon
and no tax shall be assessed upon the de-
posts made in such institutions, or collected
of them on said deposits provided that all the profits
of such savings banks, less than the aforementioned
dividends stock not exceeding at the rate on
eight per cent per annum, are divided among the
depOsitors, and that the capital stock rs invested
only IN the same class of securities as nsed Tor invest
ing the deposits and that interest at the rate or not
less than ~ per cent be paid in all cases TO their de
pOstors. to be made good. necessary from the cap
ital stock This act was presented to the President
June g. for approval, and not having been returned
by him to the House of Congress IN winch IL org
mated within the ten days prescribed by the Con-
stitutlOn, 1t became a Law without his approval.
THE BOARDS ON THE MISSISSIPPI IMPROVE
MENTs AND LEvEEs
Lieut. Col II. s. Wright. Lieut-COl. B. 5. Alexan-
der and Major c. B. Comstock of the Corps OF
Engineers of the United States Army; Prof. Henry
Mitchell of the United States Coast Survey; and j.
Z. Sickles, w. Wilmor Roberts. and W. D. Whit
comb, who have been appointed By the President
Board of Engineers, under the provisions
of the act of June %, for the purpose
of making a survey of the mouth of the Mlssls-
sippi River, with a view to determine the Dest
method of obtaining and maintaining q depth OF
water sufficient for the purposes of commerce either
by a canal from said river to the waters OF the Guh
or by deepening more of the natural outlets
was directed to assemble at New-York City on July
90 or as soon thereafter practicable, for the puI
pose of Organizing and entering upon the Gerlorh-
ance of their duties. Lt.-Col. Wright is designated
as President, and H. D. Whitcomb to disburse'
under the direction of the Board, the money
appropriated to defray the cost of the survey
The President has also appointed Major 9I ~ W ar
ren, Major II, l., Abbott, and Capt. v; T. IL beV-
yaTd 20 the Corps of Engineers OF the United states
army; Jackson E. Sickles and Paul q. herDert W
the Board of Commissioners TO investigate ana re-
port a permanent plan for the reclamation Oh Tue
alluvia basin of the Mississippi River subject 20 IN
undaton, under the recent act of Congress anthOrz
ing the appointment of such Board. MAJOR warren
is designated as President, and Capt BeuyaurH aus
bursting officer thereof The Board VIII assehlDle a1
Newport r. l.. on July 90 or as soon thereafter as
practicable, TO organize and enter upon theH uuieS'
TREASURY APPOINTMENTS.
Secretary Bristow to-day announced the following
appointments of principal clerks in charge OF the
divisions N the office Of the Secretary OF the
Treasury
Customs. Il. B. James; Navigation, D. Lyman Ap-
pointments H. 2. Vanderbilt Internal Revenue h. T.
Gaines Stationery ana BLANKS, A. l.. Sturteyant War
rants aud Appropriations. p II. I. Leopold Loans, D.
p Bigelow Revenue Marine, 8. j. KimDal Also' the
following Assistant Clerks Navigation, T. b. Sanders
Appointments, L. G.. Martin Stationery and Blanks,
Charles Lyman Warrants and Appropriations H. e
Whiting; Loans. Daniel Baker Revenue Marine {. W.
Clarke; Currency, Charles II. Br0Wni independents
Treasury, E. B. Dackam.
The division Of Independent Treasury has been
consolidated with that of Warrants and Appropria-
tions, and the division of Currency with that OF
Loans Mr. Dackam an assistant clerk viii manage
the Independent Treasury affairs, and Mr.. Brown
those of what was formerly the currency division.
FURTHER INACCURACIES DISCOVERED IN THE
STATEMENT OF DISTRICT EXPENDITURES.
A further examination of the table published yes
terday prepared in the Office of the Supervising Ar
chitect of the Treasury Department shows more
strikingy than ever its inaccuracy report made
by Howell Cobb. Sept. IS. 1858, showed the
amount spent upon Pennsylvania-aye from 1890 to
that date, omtting incdentals such as charges Tor
lighting sprinking &C.. as S32S,293 80. There has
been paid to the late Board Of Public
Works. S3Os 100 10, making a total. omit
ting what was expended between 1858
and 1870 of SG32, ,OS3 60. The Board submitted
a sworn statement 10 the late investigating Com
mtee that the amount paid by the nted states t2r
yyorl, ON the avenue since 1915 SJg226 49, Whle
the statement published by the Supervis Arcnl-
tect's Office put the amount expended since IoOO, rs
ONLY S4551S 81. Ii suggested that the new sys-
TEN of bookkeeping and arithmetic Invented Dy the
late District Government has been adopted Dy MI
Mulett's clerks.
THREE INDIAN COMMISSIONERS APPOINTED.
The Secretary of the Interior to-day appointed as
members of the Board Of Indian Commissioners, TO
fill the vacancies which recently occurred, Messrs'
Theron r. Butler President of the Sixth-ave. RalI-
road Company, New-York City; Gen. ii. II. sibley'
of ST. Paul, Linn, who commanded the expedition
against the Sioux in 1862 and Clinton b. tlske OF
St. Louis a gentleman of great wealth, and prom
nent during the war III all sanitary and benevolent
enterprises. These appointments increase the num-
her of members of the Commission from f0uf; aJ
which il was left by the recent resignation OF MI
Brunot and others, 10 seven. Secretary DelanO Will
soon fill the remaining three vacancies.
WASHINGTON NOTES.
WASHINGTON, Friday, July s. 1874
Assistant Distr.ct-AttorDey Harrington VIII not 'e
49,