New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1875-01-20
CURRENT TOPICS AT THE CAPITAL.
NATIONAL BANKS AND CIRCULATION.

WASHINGTON, Tuesday, Jan W. 1870
Since the passage of the act Of Jan. H. the Con-
roler OF the Currency has received applications Tor
the organization of National banks as follows:
One bank In New-YOrk, capital, $,oO00Oo two 10 Ton
necticut capital 100000; two in Maine, capital 5o"e
one In New Jersey, capti 100000; one In Kentucky
capital 100000; IN Massachusetts, capital s2OooO;
eight In Pennsylvania capital sS50OOo; one III lsoe
capital $4,000 Applications have been received ior an
increase capital from bank in Kentucky sceeSi
one Massachusetts,, $2o00O0 and three In PennsyVa
MA $4,000 Total, t3,361,oo0.
Since the date of the passage of the act above
mentioned legal tenders have been deposited for the
purpose of reducing circulation, by two banks III
NeW-YoIk State Sl73000, aud bank In ILLINOIS,
S59OO0-total $232 600. The Controller Of the Cur
reucy has appointed c. O. Billings as National BaAk
Examiner for City of Boston, in place of Geo Kip
lev resigned. The Hon. s. s. Cox introduced IN the
House of Representatives on the 23d of Decc1ber
resolution requesting the Controller of the Currency
to obtain from the Natonal hanks of New York City
statement of the amount Of coin coin certificates,
and checks payable in coin held by them on the 18TH
ult Since that date the controller has received re-
ports from tAo banks exhibiting their condition on
the 3lst of December, showing that the amount 81
specle held by the National banks i'll the City OF
New-YoTk on Dec. 81. 1874, was Sl5 4l50 OF which
amount S4l09JJ was i'll United states com cci ti-
Gates These amounts are exclusive of checks paya-
bic in coin. which have for the last two years, by
direction OF the Controller, DeeIIetuIheu unueT the
head of leash items"
IMPROVING THE OUTLETS OF THE MISSISSIPPI.
The Secretary of War sent to tho House to-day
the report Of the Board of Engineers appointed TO
prepare plans aud estimates for the deepening OF
one or more of the natural outlets OF the Mississippi
River. and also for a canal from the river to the
Gulf After thorough examination OF the entire
subject theY say there is doubt a designated
poiut of South Pass would be tho best. as it would
give an unobstrucsed waterway to commerce III
place of a narrow and obstructed one If the ques-
ton of cost and ntenance be considered there Is
for the St. Philip Canal tho estimated sum OF
81 ,514, 200 against S7942ll0 for the Pass While
the Board are of the opinion that the canal can be
built at the estimated cost, they recommend that
the South Pass of the Mississippi be improved by
the plan which they submit They further recon-
mend that if Congress decides to open one OF the
passes of the river, the entire sum necessary 70
accomplish the work be appropriated at once or IN
some way be made available IL the mouth OF the
river is to be improved by jettes the work when
begun should be pushed as rapidly as possible 10 us
entire completion
OPPOSITION TO THE sHIPPING COMMISSIONERS
A highly respectable delegation of seamen from
New-York headed by brass band and carrying
banners called upon the Secretary of the navy
to-day to present to him in person copy of the
and sent to Congress- asking for the repeal of the
act of juno Z, 1872. authorizing the appointment OF
Shipping Commissioners to superintend the ship
ping and dscharqing of seamen engaged in mer-
chant ships belonging to the United States The
Secretary of the Navy was not in at the time, ana
the Committee were received by Mr.. Hogg. Chief
Clerk of the department, who, In response 10 the
earnestness with which they expressed their grey
anoes replied that the Secretary would no doubt
have been glad to have seen them tnst tn9 navy
and merchant marine were closely connected tn9ir
interests in many respects being Identical. ana ne
was satisfied the Secretary, if their cause was lis,
bnr HLe of Which they Complained but it was
Congress alone that could give them relief INC
delegation gave three cheers for the navy ana ie-
tired, the band playing patriotic ar
ITEMS IN THE sUNDRY CIVIL APPROPRIATIONS
BILL.
The House Committee on Appropriations to-day
agreed to include the following items 10 tue eCnoJ
Civil Appropriations bills
For reundins to the s,aos their expenses 10 raising
volunteers oo5 for tue construction and nsraea
OF military telegraph lines especially IN
of oical records War OF the Rebellion for
Of eoIored soldiers (beng the continuance Of the work
OF the late Freedmans Bureau), $4,000; for the Freed
mems Hospital, $4,000.
The Committee also after considerable discussion
voted to move on amendment to the pending Indian
Appropriation bill to insert item of $297oOO for
interest due the Chickasaw National Trust Fund
Tomorrow was set for hearing all persons who may
desire to appear with reference to any OF the various
geographical and geological surveys in behalf OF
which appropriations asked.
THE LIBEL SUIT AGAINST THE EDITOR OF The
TRIBUNE.
Mr. Whtelaw Reid appeared in the Police Court
this morning in company with w. w. Corcoran'
.. Ii. Kaufman, and other gentlemen, aud his
counsel, A. G. Riddle. Messrs Corcoran and Kauh
man gave bail for his appearance to answer the
charge of criminal libel, and the party left the
courtroom
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