Morning journal and courier., 1881-07-02
THE NATIONAL CAPITAL.

Auditor French-His Reclamation Hand- ed In by Request-Reduction i'm the National Debt for June-Condition of the National Banks-The Y. M. C. A. shut Out of Their Hall-Othsr Matters. WASHINGTON, July 1.-The Cabinet meet ing was long one to-day owing to the close of the fiscal year and the desirability of ar- ranging public matters to accommodate the absence of the President and Cabinet from the capital for the next ten days or two weeks. One of the most important matters considered was the case of Auditor French, whose strange investigation of Pacific road affairs has caused so much comment It was desired to request his resignation, and it was rendered this evening.
 Fifty-four national banks have been or ganized during the fiscal year ending June 30, 1881, with capital of $6, 409, 700. Nine teen banks have gone into voluntary Hqulda- ton by the vote of shareholders having capital of $1, ,620, ,O00. There have been no failures of national banks during the fiscal year. The number of banks now in exist ence is 2, 122. There has been large increase in the losses and in deposits during the fiscal year. The statement of May 6, the date of the last reports received from the banks, shows an increase of $S4, ,6OO, 900 in loans over the corresponding pe
 
 individual deposits There has also been an increase in specie of about $23, ,0O0, ,000 and an increase in circulation of $1, ,O59, 600, which has been more than counterbalanced by the increased amount of SIS, ,7O3,O 900 Of legal tender notes deposited for the purpose of retiring circulation. One year ago the banks held nearly $200, 900, GOO of and per cent bonds. They now hold $1S9, ,Ooo,- GOO of continued SIS and the remaind of their 5's and 6's will soon either cease to bear interest or be continued with the exception of $2, 800, 800 of Pacific railroad 6's.
 Inspector General Dumont has sent cir cular to local inspectors throughout the coun- try advising them to see that the regulations in regard to the quantity of steam each yes sel shall carry be rigidly enforced. The ob ject of the circular is to urge local inspectors to use the authority the law gives them for the prevention of crowding by steamers There is no way of stopping the practice ar bitrarily, but the Inspector General hopes to check it at least by vigilance on the part of local inspectors in the enforcement of the laws regulation
 The Secretary of the Treasury late this af- ternoon issued call for the redemption of the remainder of per cent. bonds which have not been continued at 34 per cent.
 The appropriations for the fiscal year were all available to day, and business was brisk in all the departments. There have been fewer changes than at any end of the fiscal year ID several ADMINISTRATORS.
 Dr. George B. Loring assumed charge of the Agricultural department. and it is said he will reappoint General Garner, of Camden, N. J., formerly chief clerk.
 In the Interior department it has been found necessary to discharge about one hun dred lower grade employees on account of the 1nsufficiency of the appropriation. Most of these will be from the pension office. J. Vanwarmer was to-day appointed chief clerk of the Postofice department. The depart ments will all be closed Monday. After that date Treasury employees who can be spared have official permission to leave the office at p. m.
 The Secretary of the Treasury has issued circular providing that on and after July 1st all common carriers whose cars or vessels are secured by custom lead seals and wires will be required to reimburse the government for the cast of said seals. Custom officers will collect the monthly amount due for seals used. Carriers should be charged at the rate of S3 49 per thousand for seals now in use, for lead seals and wires hereafter furnished S5. 40 per thousand will be collected.
 Complications between the stockholders of Lincoln Hall, this city, and the Young Mems Christian association have resulted in the doors being closed to the Y. M. c. A., and more trouble is likely to follow. The hall was built in 1867 for $200, 900 under liberal charter from Congress, by which also the property was exempted from taxation. The association was then hourishing and held 8 majority of the stock, but the decline of prosperity caused sacrifice of the Christian interest and business. The stockholders provoked at the association having by alleged extreme orthodoxy caused repeal of the exemption clause of the charter, retaliated by raising the rent of the Y. M 0. A. rooms so that the association was compelled to leave. They gave notice of vacation, but under ad- vice changed about and determined to make a fight. The stockholders, however, acting on the notice of vacation, declare the ac- ceptance of the issue, and tonight the Y. M. c. A. people found the doors locked They claim that the hall was built by their exer- tions and for them, and say they will take the question to the Supreme Court for settle ment.
 The President to-day made the following appointments Hannibal Hamlin, envoy ex- traordinary and minister plenipotentiary to Spain, in place of Lucius Fa1rchild, who asks to be recalled; Charles Payson, charge d. affaires to Copenhagen, in place of Mir. Cramer, transferred to Switzerland George W. Carter, of Louisiana, minister resident to Venezuela, vice John Baker, recalled; Rev. Henry Highland Garnett, of New York, min ister resident and consul general to Liberia, in place of John H. Smyth, recalled; Ed ward E. Farman, of New York, now agent and consul general at Cairo, promoted to the vacant judgeship of the Egyptian Interna- tional court Simon Wolff, of the District of Columb1a, to be agent ana consul general at Cairo, vice Farman. promoted.
 The debt statement issued to-day shows the decrease of the public debt during the month of June to be $12, BPS, 157.53.
 Cash in the Treasury $249, ,362 415 35 Gold certificates. ates................ 5, ,782. .92O co Silver certificates es............. 5l, ,I65 53O % Certificates of deposit outstanding IL I66 539 co Refunding certificates. 6S8, 800 % Legal tenders outstand ding 346 6S1 ,016 % Fractional currency outst -ndinR 7105, ,953 32 Total reduction of the debt for the fiscal
 wear .... . lO1 573 4s3 36 Available ca+h in the Treasury TO 92O s69 43
 The payments made from the Treasury by warrants during the month of June, 1881, were as follows