Savannah morning news. [volume] (Savannah) 1868-1887, 1885-06-12
,ECURING THE MILLIONS.
ON GUARD AGAINST FUTURE
ENIBEZZLEhENTS

Appointments.
w ASHTNGToN, June liver since
the discovery Of the recent embezzIement
in the New Orleans sub-Treasury, the
81 secretary of the Treasury and the
Treasurer OF the United States have been
irving TO devise some method by which
tba money now in the sub-treasurles
micbt be kept more securely. There are
st7.0J0,0O0 in the sub-Treasury at New
Orleans. The bond of the sub-Treasurer,
the only guarantee for the safe keeping
Of this money, is for only S3O0,00O This
security Secretary Manning considers
wholly inadequate. No plan for the i'm
provement Of the system in this respect
has vet been adopted, utthe Secretary Of
the Treasury is so favOrably disposed
towards a plan suggested by the United
States Treasurer that he proposes to try
II ia New Orleans by way Of experiment.
The statements Of this plan heretofore
t. are All Inaccurate. Briefly stated
as follows: TO place the $17,090,000
..s in the custody of the Assistant
faaSurer at New Orleans in the custody
%. oesignated national or State banks
s. upon the deposit by the designated banks
III OF United States bonds as security for the
money. The sub-tFeasuFies cannot be
abolished without the action of Congress,
bat the duties Of the sub-sreasurers can
81 be changed so that they shall become
mere fiscal agents Of the Treasury Depart
ment and the number of national deposit
tories among the banks may be increased
at the Will of the Secretary of the Treas
urY.
the merits claimed for this plan are:
81 First, that it gives the government ample
security IN United States bonds TO the
81 amount of 100000 for every 100000 de-
posted; second, that it will reduce the
number of Federal employees; third.
i that it viii give the country the use Of
the money now locked up in the sub
treasures.
II the plan proves satisfactory in New
Orleans it will be tried elsewhere. The
81 Treasury Department is now negotiating
with a New Orleans banker with a-View
to the change contemplated.
81 George Il. Preston. of Philadelphia, VINO
& is President OF a New Orleans national
bank. was first asked to undertake the
81 task Of making the new afTan9 6mentS IN
New Orleans, but be declined.
Tie E6sRtRg Std5' publishes a number
OF Interviews upon the subject which in-
dicate q division of opinion among the
Democrats. Some Of them were not will
ling to be quoted at present, but express
edthe opinion that the plan is in direct YiO-
81 idlEtn Oh Aeli-eSAhbilsifat pflnSffibbs Auu
involves sU lstaptially the principle main
tanned by President jackson against the
banks. Others were open in expression
upon either side Of the question.
Delegate MaCinnis, of Montana, and
Fl representative Wilkins, OF Ohio, thou ght
the scheme good and feasible.
Gen. Plaisted, Of Maine, thought it
would work mischief with the banks by
81 encouraging speculative banking.
pl- tr1 nafd IN WAC Frrtp 10 i'm
preston that the Democratic party had
always taken grounds IN direct antagon-
ism to such plan.
Representative George D. Wise, of Vir-
gnia, said he was not prepared to accept
such a plan. 1t was too great a revolu-
ton Of all old Democratic ideas and doc
irines. 1t was thing that the party had
always opposed. 1t was for the benefit Of
the banks and looked ike bank monOp-
oiy. 1t seemed to look to the perpetua-
tion Of the national debt, for the
security Of the system depended
upon the debt only. If the debt
We're paid Off it lessened the amount in
bonds that could be held as security by
the government. All this was Of course
in direct antagOnisTn TO Democratic prin-
elples. The sentiment of the people, he
thought, would be against It, as it would
have the appearance NJ a bank monopoly
supported by the government at the peO-
81 ple's expense.
THE MAXWELL GRANT.
Secretary Lamar, at the suggestion of
Lae Attorney General, has ordered FeSDr-
gey OF the famous Maxwell land grant.
Ihis is the grant originally comprising
about 100000 acres which, after having
oeen Increased by fraudulent survey TO
4OO0,0OO acres, was sold by Steve Elkina,
Chafee aud Others, and finally came into
III Of INT
VINO now own It. 1t ts
not true that the Commissioner Of the
Lend Office hns recommended the for
.eiture OF the greater portion of the grant.
Aue governments interest in the land
covered 10y the grant, even in its present
lhilated condition, is small, but private
ytflies Interested desire resurvey, and
ms VIII be made.
INTERESTING, TO APPLICANTS.
Since the incoming Of the new adminis-
Iapon the heads Of tie various depart
-AcnA have received numerous applica-
"'le Tor Office without any specification
81 to what particular Office the applicant
.eslfgd, aud to-day "A letter was sent from
,he bite House in answer tO cOmmn-
'lCilon from q gentleman In Philatei-
pA'1 who inquired as TO the proper method
.' hllne AN application for Office. Thereply
ln crest 20 all seeking places underline
.tAtAtFHts ana - gwen ~ tht YithA AoI
rNhi'cauon. 10 says: ''T0 secure atten-
ION 20 an application for appointment,
M, Pnrtculnr position should be named.
men this IL done the papers are fled In
proper department, and when the mat
.si OF appointment Is 20 be determined
~ names OF the candidatesend brief ot
1sF Endorsements are laid before the
resident by the head Of the department"
PRESIDENTIAL APPOINTMENTS.
me President to-day appointed the fol-
ns POstmasters.
70. III. Wills at Tuscaloosa, Ala,
.,, D. h. Horner, resigned
N'tI ulas ManleY at Newberne, N. G.,
'''e b. a. Richardson, suspended.
l"mea W. SOtcher at Union Springs,
'if.' wee j. ". RabOrn, suspended.
hoEd Reed no Cinfkaburg, W. Va,
w Wilbur II. Richards. suspended.
ieehard r. Mcmahon, OF Woas Nirglnin,
coul-cla5s clerk IN The First Comp
'dtrs Office. was to-day appointed
t4ly Second Comptroller Of the Treas
.l,!' wee JAS. 9. Dciano, Of Vermont, re-
'..Ifl BY request.
100 following f0urth-class Posimaeters
gre appointed: Henry A. Huicheson,
Mary +. Hutcneson, gt MnrysYille,
Unison county, Ga.; hirg. Flora q. Nc.
T. Ct vice W. A. McneiF, deceased, at
4 Sue. Darlington county. :. G.