The crisis., 1878-01-17
GENERAL NEWS.

has been investigating nearly eight months
and has taken some 10000 pages of manu-
script testimony. The investigation has
embraced every branch of the service il
Washington and throughout the country
This report is very severe upon the admin
| istration of Indian Commissioner Smith
and reflects upon Chief Clerk Galpin. Num-
erous instances of NEUTRALITY-SUSPICIOUS. arr
cited. Among them are cases in nearly
every Indian Superintendency. II is said
that the agents of the investigation have
been dogged at every step, and in many in
stances witnesses have been prevented
from testifying. One band in Kansas is said
to have been broken up in consequence Of
this investigation, There is scarcely q
branch of the service in which some irrcg-
ularities have not been discovered. There
are no charges made against persons not
connected with the Government, although
there have been numerous intimatiOns that
the investigations would make an exposure
of members in both branches Of Congress
and that the ramillcations of the Indian
Ring would be tracked into high places. In
consequence Of this investigation, SecrG-
tary Schurz, on Saturday, addressed let
ter to S. A. Galpin late Chief Clerk of the
Indian Bureau, informing him that his SER
vices are no longer needed.
In this letter Secretary Schurz says that
the Board of Inquiry appointed June last
to investigate the charges made against
Galpn by Wolff aud others. has submitted
its report and has failed to fad most Of the
charges against Galpin sustained, but that
the charges of unjust and improper treat
mcnt of a subordinate is sustained Secrc-
tary Schurz, moreover, charges Galpin
with dcrelction of duty.
A New Savings Bank.
The bill introduced in the House by
Mr.. Pierce, Of Iowa, to promote Il deposit
OF savings and the refunding of the naton-
al debt, authorizes the Secretary of the
Treasury to issue certificates of deposit oi
the United States OF the denominations Of
$40, $40, $50 and S1OOeach, which certificates
shall bear interest at the rate of G5-lOL
per cent. per annum. The certificates thus
issued shall be deposited in such amounts
as the Secretary OF the Treasury may di-
re't WIN ''''' ~,
any postal money order office Of the United
| States, on condition that such certificates
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n'''o'S "''l ,o'i ',,o 'l,,Io
ucioH,' III ,o''l y, ''o "','s,o'',' ~ t"y
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,or.incotp. tssucd AS aforesaid shall be re.
I,or,,.I ,rl, IN Irpitod Stotes four nnrt
bonds. and the holder thereof shall be au.
tbori2ed TO receive from the Secretary o
the Treasury United States bonds bearing
interest at the rate of four per cent. pei
annum when presented at the United State.
Treasury or any designated depository il
sums of ten dollars, or any multiple thereof
said bonds being payable, principal and in
terest. in coin of standard of Jnly 4th, 1870
The bill further provides that all Nationa
banks organized and doing business undc
the National banking law of the Unite,
States, are required to receive at par an,
accrued interest all such certificates in pay
ment of any debt due to said bank: prOvid
ed, however that no interest shall be al
lowed unless the same shall amount to fft
cepts or upward. 1t further authorize
any National bank doing business unde
the United States banking law to hold at it
option two-thirds of all reserve now reouir
nv law TO be held in certificates herein
before described.
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'0" III,
u,L1, - A.. n.
"oi,' INV, '''D o-'on ''' '''''' VI
| Ne" h"iilShlro noPuo'l'"h oon'oh',o
"ou'u "ohoun'o 'no Poii'i9' U, 'no "ui'iii
lStra'ioh' lho "o.ioh Vi 'i'"' oooy oAc'Ic
nuch interest. A' tilo noe'inB lucsu'
5 hiSuV Vi 'ho No" h"'n PSn'ro hcP"olic"
ot"'o Ooti,"''e.oo' pto''iiiii''i' " tno "''oii
1 plinS VI 'iio ''"'o oUn'el''on "ru,oSu"'
Onahu'er was soNcrc'y uenouhcou ny Sc'
e eraI OF 'ie SPcakorS, ana 'ue uhpopuiari'
G Vi MS courao ,oM"ru 'i'o resluen' was luI
I ther eAllioi'ou Ill tnc resolutions auoptc
o oy the CONVENTION itsel' Wlthouto toppositioI
e II SaVe tIle iresiuehV virtual enuorsemel
G ny re-aliiriniis ana re-"uoptlhs tne Clhcil
= ha'l PLATFORM ana oy sPecnyihs Ihe ueela
It u'loi n| e ~ Wv poi L,"i0nY p".,'''
sooI,nas @ w. md tondonoias dans',n ~ ,ho 1u'Gn ,I,
s. of senators and Renresentatiycs 70 Al
toto onpointments ond leaving tbo Admi
7, istrotion free in tho soIoction of ronrosont
g tives of its nolicv. Tn tbe sam. strain wa
n tbe resolutions exnresslv co,nmorJing 4
IS rotriotic and cincere efforts of tho pro,
a 5ort 70 carry ont bia nolicv 70 Loon fni
le with tbe rnconle and to ,eoonro 10 =
h, whole countrv tbo hlessings ~ met
is Goiort and bonest Ronrhlieor odn,inis.,
tion " tbo nnritv oconomv md of1oionoy
whioh 10 occorJed nncroiiHod onnrohat;,
n ond donounoirg no footiono ond n,isahi,
an one NJ, ottomns 70 ro-onon tho proo,5on
1n oontrnvorsy nr 70 oneStion tho prosiJor
n t,lo Tho doIiyeronoos NJ tho Conronti
no 90 Co., -, +ho, roloto 10 Tho ouoa,ior ~