The New York herald., 1877-09-15
w a S HIN CT Q y.
GENERAL WASHINGTON oEspArcAts

WASHINGTON, Sept II. 1877.
TIE AFFAIRS OF THE iIEEDMEN's BANK
ABILITY TO PAY TEN PER CENT pIvI-
DsNp.
Numerous complaints are being made because the
Commissioners OF the Freedmen's Bank do not declare
further dividend OF ten per when they have on
hand funds sufficient for such payment The CON-
missioners themselves say they have enough to nay
ten per cent dividend to depostors, but not enough
TO pay dividend OF twenty per cent. II they could
pay twenty per cent dividend they would mmedi-
ately declare IT, but Il IL extremely doubtful II the
declaration OF ten per dividend would be Judi
cious This they say, well known all except tho
smaller depositors The bank had 5000 deposi,ors
OF loss than 81, and $4,000 OF legs than
80, to whom dv,deni of ten per cent
would be comparatively nothing; besides, to pay u
dividend to that amoun' the Conn issioners say,
would scarcely pay tho expenses OF collecting by dc.
positors at distant branches and the expenses OF
collecting tcu per cont dividend are nearly as much
as those OF collecting OF twenty per cent per
cent dividend would be slightly ipjudicous. Notwith-
standing this, the Commissioners have under consider
aton on account OF the numerous demands the SUBJ
Jcct AS to whether they within the law declare a
ten per cent DIVIDEND They also usgest TO deposors
the propriety OF making somo organized movement to
induce Congress to purchase for tho govern
mont the Frcedmens Bank building. Tho government
is now ronug large portion of the building at great
rental for tho use OF the Depart OF Justice and
quito probable that Congress could DO persuaded to
purchase IT, II such purchase should be made the
Commissioners coad declare dividend Of over twenty
hva per cent
FEASIBLE METHOD OF REDUCING THE IN
TEREsr on THE NATIONAL pEBT.
stated at tho Treasury that should the present
bonded debt Of tho United states, other than the
Pacific Railroad bonds, be reduced to iour per cent
bonds, the aggregate interest paid by the Unncd
States annually would be reduced $si.2ii,4s 5o
STATISTICS OF IrALI,N EMIGRATION.
According 10 u report forwarded by the United
States consular clerk at Rome to the Department OF
Statc the number Of emgranls who lett Italy during
yoar 1875 l9 1888 or this number TO- 750 were
males and 59s females tho age OF fourteen aud
=, 532 males anu $50 females under fourteen H. 476
went to South America, 9 $50 to Franco, S2I came to
tho United States, and the remainder went TO othor
countries In addition to the foregoing 81, 024 persons
lett Italy during the same year declared their u-
tcnton to return inside of twelve months. OF TINS
number 81 994 went TO France, .092 to Austria,
1so3o to swi.zcrand, us to South America. 900
came u tho United States, and 13 800 wont to olher
countries.
= NH" NA&AoNAA DAMN xOh NEW IOhk
The Chase National Bank OF New York city, with
capital OF $3.50 00o having deposited the necessary
bonds IN the Treasury, has been authorized by the
Comptroller oi tho Currency to commence business
MOVEMENTS OF THE CABINET.
Secretary Evarts will leave Washington to- morrow
morning for Louisville. stopping ut Grafton W. Va,
where he will remain until the arrival OF Secretary
schurz and Postmaster General Key, who
leave tomorrow evening. Tho Postmaster Gen
eral will accompany the Presidential party
Oh their Southern tour. Secretary Schurz
expects to leave the party ut Louisville and return TO
this city, arriving ON Wednesday, the 10th Soc
retary Thompson will accompany tho party far az
Chattanooga from which place he will proceed TO
Pensacola, Fla, Tor tho purpose Of examining tho
Navy Yard at that point.
DEPREDATIoNs ON PUrLIc LANDS IN COLO
RADo-sEIzUnts 10 be MADE
Tho Commissioner Of the General Land O1ice has
cevod report from Tho special agent at Denver, Co
to the effect that hc has seized between 10,
and 100 900 railroad ties In tho State OF Colorado
and has discovered several sawmills to be III opera
ton tho public lands In that State. The Comms
sioner has instructed the special agent to have
pevned all logs and lumber found ut theso sswmlI.
winch have been taken from the public lands oil the
United StatOs