Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1876-04-28

law, did it after method of his own,
greatly to the satisfaction of the Presi-
dent, and the saving of u large amount
of money, but leading to the question
able expenditure of thirty thousand
dollars.
The House committee on Pacific
railroad gave further considera ion to
the bill extending the time for the
completion of the Texas Pacific
railroad Tb ock kmorton's ameud
ment was pc ding, when Suttrell
offered q further amendment pro-
posing hat the Southern lcihc
Company of California shall be
allowed to construct roid east
ward from the Colorado river and re-
ceive the Texas Pacific land grant Tor
such portion of the trans-c ,ntlnen 5al
line of railroad. As it anticipates the
latter in building within the next SIX
years, the committee adjourned with
out action until next Wednesds ~.
The Schenck Investigation has closed
except the reception Of p'pers from
London. Ottafman has been releasad
on 10, 900 bail. M. Park. Of the
Emma mine, refuses to answer how
much moue7 he made out OF the con-
cerp. Mr.. Walker, of Virginia, will
opp )St MS Ut'ihS w 0ho "Ci
WAsnINGroN, April 22-Noon-The
Fl .et to rendezvous at TampIco, Mexico,
for the protection of American inter
,.sts comprises the Marion, Hartford,
Swatara aud Shaw
III the French caron billiard match
to-day Shaw won Dy u score of 600
points, ScLpf1er making but :'47.
The fnrther hearing of the X lbourn
case was continued tn Mouday.
The Smithsonian Institution has ed-
vices that a new planet of the twelfth
! magnitude has been discovered by
Prof Henry of Paris.
Tho Treasury ID Dpartment has re
eel vetl from Paris three counterfeit y.
! j. hve-aollar gold pieces, they being
samples of Il lot representing 81 0o'',
which Was recently luuded there from
| San Salvador. They are almost perfect
limitations.
The committee on foreign affairs
have agreed to report adv rsely on the
resolution looking TO a public recep
t;oa of the Emperor Dom Pedro Lid.
Davenport's testimony goes to show
| that he commenced his system of res
| istration under the auspices OF the
! Union League. He lad spent SIT, 600
aud was impoverishing himself when
he saw CIR mt at Long Branch, who
sad lie would recommend the matter
! to the attenSiou of Attorney General
Williams. He received in all $s:}4, 900
part through Akerman and part
through Williams. He never consid-
cred that there was any corruption In
the matter Witness had prepared q
number of atfidavts i'll relation to
frauds, for which he was paid as any
other U. S. Commissioner would have
been. In the year 1872, the witness
had issued l 200 warrants. The COM
mittee at this point adjourned to
| Wednesday.
Boutwell, hopes to leave with his
comnittee by the middle of next week
if the House concurS In the approprl-
| ation for his expenses.
Commodore Il. F. Lewis is ordered
on special duty to Norfolk navy yard.
Capt. VIM. K, King, of the engineer
corps, relieves Maj. Waiter MacFar
land at Chattanooga.
WAsHrNGroN, April 2G-Ni2ht.-
HousE--'The bill reported hy Douglass
of Virgins, chairman of the committee
on the Frecdman's Bank, to anent
the charter of that institution. Wa.
I ID.
care to address the House now, bu
would Weld the floor TO his colleague
Mr.. Bradford of Alabama, who desired
to offer some amendments to the bill
Bradford offered a substitute for th'
first three sections. The substitute
r, Quires tho Secretary OF the TIeasur.
to appoint good and competent maj
TO take charge of aud wind up th
affairs of the bank The Secretary j
to retain a general supervision Of th
Commissioner. 1t differs from th
bill of the commi tee ID this respect
that the la ter only provides for til
appointment of a single commlsslone
: in case of the death or resignation q
: each of the present three commission
s ers. Mr.. Bradford addressed tn
, . House, insisting that action on tn
s subject was due to the sixty odd thou
e sand deposltors of the Freedman
0 Bank. who were principally colore
i people living in the Southern States
+ that was duty which Congress ougt
e no longer to shirk, particularly in vie
+ of the fact that Congress was to som
if extent responsible for the losses OF I'll
g depositors. He traced the Downfall {
IS the bank to that amendment to Il
e charter which permitted the bank
i make loans on real estate security II
n stead of rs before, on United State
d bonds. He argued against the vlev
ot of the majority of the committee. wi
if hold that the present cAmm1sslone
ye cannot be removed by Congress.
rt cou!d not conceive how lis office
Ia theirs was property. They bad
d interests WHATEVER in the property
he rights of the original corporators. L
III proposed to relieve them OF tne
rt office aud have a man appointed
of whom the calored men could rely WI
greater security He declared tn
e. for the year and half that these thr
ns commissioners have been ia existei
Q. they had expended S150,00O, and h
Nv ONLY declared d'vldcnd OF twel
c!, Der cent Two 0t them p .rformed
al ,luiv whatever, and pad out OF I'LL
is salaries five hundred dollars each
he the third G commissioner, Mr.. Letpo
n who discouraged all the duties OF
ne three. and h!s conduct he (Brad1o
ty: wou'd recount to the House. He
Of serted that no such stupendons fra
on as this Freedman's Bank had g
q existed under the prot ctiOH OF
,ry poyerume t, and it seemed wonder
ar to him that such fraul could h
Il | pXt Steu III w dSl1uR Ioh uIS"Ai
vas by the authorities, ana especially
those who had taken the colored II
on under their special provision aud ca
M He quoted extensively from the tie
red mony of Anson NJ. Sperry, the b
ex- examiner, and other witnesses a'
avs frauds and Irregularities III the m
agement of the bauk. Some of
md testimony was the elucidat'on
transaction by which the bank
im- about Que hardred thnu=and dol
with the famous Seneca Stone =
lis pany, which lie chsracteriz~d a
bogus institution in which sew
raj DISTINGUISHED gentlemen, commsni
ais with the President and enc
with Caleb Gushing, were ST
lent holders. He quoted from
IS it testimony of colored physician
Washington (Pervis) one of the t
par tees of the bank, to the effect that
the cashiers at almost all the bran'
were scoundrels and thieves and N
,sed no bones of it," and that almost q
al them were ministers with large .
that thf