Eureka daily sentinel. [volume] (Eureka, Nev.) 1871-1887, 1885-08-25

1t is reported that Congressman
Cassidy has been appointed Examiner of
National Banks for Nevada, California
and Oregon, at a salary of about 5000
per year. The news of Mr.. Cassidy's
good fortune was brought here two weeks
ago by a Eureka gentleman, but as the
SENTINEL, Mr.. Cassidy's paper, was
silent on the subject, the Silver State
thought the Eureka gentleman might be
mistaken, and therefore did not publish
the report which is now confirmed by the
Virginia Chronicle. As the duties OF a
National Bank Examiner on this Coast
are less arduous than those OF q Congress
man who attends to the interests of his
constituents, while the salary is about
the same, Mr.. Cassidy has less cause to
regret his defeat last November than the
people of Nevada, whose interests he so
faithfully represented. -Silver State.
Inasmuch as the press Of the State has
been kind enough to refer in compli-
mentary terms to our appointment to the
aforementioned position, 70 deem it
proper to correct some errors that have
crept into the published accounts, and
also to explain how the appointment
came to be made. In the first place the
district does not embrace Oregon, but is
comprised of Colorado, Utah. Nevada
and California. The old district ran up
and down the Coast and consisted Of
Arizona, California, Oregon. Washington
Territory, Idaho and Nevada. Under
the new Administration all Of the West.
ern districts have been reconstructed to
conform as near as possible to the prin.
cipal lines of travel. What is known as
the Northern District, running along the
line of the Northern Pacific railroad,
takes in Oregon, Washington Territory,
Idaho, Montana and Dakota. The
Central District, so-called, following the
Union Pacific and Central Pacific rail
roads, is that described above and for
which the editor of the SENTINEL has
been commissioned. The Southern Dis
trict runs with the Southern Pacific rail-
road, and is composed OF Texas, New
Mexico and Arizona. All points, as
thus arranged, are more expeditiously
and cheaply reached than when the dis
tricts ran across the country from north
to south. The Examiner does not receive
a salsry as stated, but is paid in fees
established in accordance with the cap
ital stock of the several banks in his dis
trict. The schedule of fees for this
Coast is greater than that allowed in the
East, owing to the difference in cost Of
travel, etc. There is more clear money
in the office, as the districts are now
established, than formerly when a larger
scope of territory had to be gone over.
But the Office, while in many respects a
very pleasant one, is by no means a
sinecure. To say nothing of the travel.
ing, it is full of red tape and requires a
good deal of close attention to do the
work well. The best thing about it is
that it only occupies ones time about
three months in each year, though an
Examiner is always subject to orders
from Washington in case a bank in his
district gets into trouble. In cases Of
this kind he is supposed to seize his
grip-sack and start at once, and when
failures occur he is charged with the duty
of appointing Receivers and otherwise
looking after the interests OF the Govern.
ment. In the Central District (ours)
there are forty-nine National Banks, to
wit: Seventeen in California, twenty-five
in Colorado, six in Utah. one in Nevada.
In California there is / National Bank in
San Francisco, l in Sacramento, 2 in
Santa Barbara, l in San Jose. l in Peta.
luna, 2 in Oakland, l in Stockton, / in
Alameda, 2 in Los Angeles, 2 in San
Diego, l in Modesto, l in Fresno and l
in Riverside. That in Nevada is located
at Reno. OF the six in Utah, three are
located in Ogden. two in Salt Lake and
one ct Provo. Colorado is the heaviest
part of the district. The further east
we go the more the people incline to the
national banking system. Denver has 6
of these banks, Central City 2, Pueblo 2
Colorado Springs l, Trinidad l, Boulder
8. South Pueblo /, Fort Collins |, Du-
range l, Gunnison l, Silverton l, Idaho
/. Alamosa /, Greeley ! and
/. In the whole district there
are but few places that cannot be reached
by rail. Under the law every National
Bank must be examined once . year, and
oftener ii anything goes wrong. The po.
sition is q respectable one, and the pay
quite liberal and satisfactory for the
and labor required in the discharge
Of its duties. For about nine months in
The year the Examiner may devote his
attention to his W private affairs. The
Bank Examiner for the Coast, under Ar.
shur's administration. wsu q st. Paul,
Minnesota, man. and made his head.