The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1878-01-25
WASHINGTON.
THE DAVIS TREASURY INvEsTI.
CATION.
Startling Figures-S85, 100000 Paid
for Selling B0nds-Unrelfable
Official Reports Facts Of
Interest TO the Country.
Award OF Mexican Claims.

Award OF Mexican Claims.
WASHINGTON, January 24.-The
House Committee on Foreign Affairs to-
day agreed The bill distributing the
Mexican awards, with the amendment
approved by Secretary Evarts, suthorlz.
ing the suspension and investigation OF
the awards. The report of Mr.. Wilson
denying the authority of Congress to
suspend and investigate these claims was
not agreed to. Arrangements are now
progressing for the payment OF the sec
ond instsllment Of 100000, which will
be due from Mexico next Thursday. The
probable embarrassment attending the
reception OF these monies, from source
not officially recognized, will aid in the
recognition OF the Diaz government.
New Counterfeit.
A new counterfeit five dollar note on
tho Farmers National Bank OF Virgins,
ILL.,, was discovered by the National
Bank Redemption Agency, to day. The
plate is evidently altered from the one
on which the five dollar counterfeit on
the Traders National Bank of Chicago
was printed. The charter number on the
counterfeit discovered is l,047, while
that on the genuine is l,47l.
silver Organization.
Atthe hour of adjournment to-day
l2O signatures have been obtained to the
resolution proposing an organization
among the Representatives to procure
the RECOMMENDATION Of silver and repeal
the resumption act.
Case of Congressman SnalIs.
The House Judiciary Committee to-
morrow will present an elaborate report
prepared by the chairman, Representa-
tive Knott, in the case of Congressman
Smalls, of South Carolina. The conclu-
sion reached is IN effect that Smslls'
privilege as a member of the House does
not shield him from the custody of his
State, under q charge of felony.
Proposed Transfer OF the Indian
Bureau.
The House Committee on Military AZ
fairs to-day appointed Messrs. Marsh,
Williams and White on the sub-commit.
tee TO take into consideration the bill pro-
viding for transfer of the Indian bureau
to the war department.
Salaries OF US. Marshals.
The House Committee on Expenditur-
es In the Department of Justice,
agreed to report favorsbly on
the bill limiting the annual
salary of United States Msrshsls to S5,-
600, and Deputy Marshsls to So per day.
Some Terrible Figures.
WASHINGTON, d. g., January %.
Special Dispatch to the Enquirer.
Senator Davis committee, which is
making an examination Of the system Of
keeping the books of the Treasury, has
secured statement of the premiums
paid, expenses of National leans, and the
cost of refunding the debt. 1t amounts to
the enormous sum of $95, ,27S,43 96. Of
this amount S59,73S,lG7 73 were premi-
ums paid; s32,458,462 81 were for e1-
penses of National loans; and S3,OSl,-
S09 SO for refunding the public debt.
Since 1850 there has been net increase
of the debt of $2,Sl5,349,273 81, and a
net decrease of $6l004S,5Sl II; while
the total interest account from that time
to the present has been $l,0GS, ,G50,l49 80
exceeding by more than one-half the
principal of the debt. The total debt at
the close of 1877 amounted to S2,205,.
3Ol, 1892 l0-showing net increase dur
ing that year Of $24, 1906, ,94 95.
The Treasury Discrepancies.
Special TO n. Y. World.
WASHINGTON, January 22,-The in
yestigstIoa in the discrepancies which
are upon the books of the treasury, so
far as they appear in the annual reports
made TO Congress by the Secretary, ia
progressing through the Senate special
committee, of which Senator Davis, OF
West Virginie, is chairman. The com.
mit!ee find the inquiry lsborious and
protrscted one. There are three sets OF
books kept, one in the Secretsry's office,
one by the Treasurer and one by the
Register, who is the book.keeper Of the
Treasury and who is check upon the
others. The system is complicated snd
elaborate one, and, as already shown
in the Senate, is at best untrust-
worthy as TO data in the single state
ment of the public debt. The statement
in some Of the finance reports shows an
increase, for Instance, OF 100000, 600 in
the debt over a corresponding statement
in the former reports. Whether this dis.
crepsncy Is apparent or real II is conclu-
sively shown that the official reports are
not TO be relied on. Mr.. Davis commit.
tee will settle this disputed point one way
or the other. Thus far the committee
fnd that there is no doubt that the debt
has been increased st least on paper
| They also find that in other respects there
are discrepancies as yet Inexplicsble in
the public loans IN the matter OF receipts,
expenditures and outstanding principal
OF the public debt, interest, premium
paid snd the expenses Of loans and
Treasury notes and reiuuding the nation
al debt for each year for the past ten
wears. For instance, in the year 1858
the net decrease of the public debt was
$50, ASS, ,252.5S, and the interest sccou Mt
paid for the year was sl40, ,424,045.7l. 10
ihe succeeding year the debt was reduced
net over s2S,0O0,000 more, and yet the
interest paid that year was within So,
100000 OF the amount paid in the year
before. In 1867 the net decrease OF the
debt was s95, llO,069 81 and yet the in
terest account the next year was within
$4,000, 900 of the smouut paid in 1861
Both statements Of the amour,
of the debt actually reduced and
the interest paid cannot be correct
The committee have secured state.
ment of the premium paid, expenses oi
national loans and the cost OF refuDding
the debt. 1t amounts TO the enormous
sun, of 500 2.s,4S9.99l OF this amount
=