The Iowa plain dealer. [volume] (New Oregon, Howard County, Iowa) 1867-1895, 1886-12-09
FREEoMEh's TRUST COMPANY.
Foor Dep0sitOrs should be Reimbursed
by Congress for Losses.

F00r DepOsitOrs should be Reimbursed
by Congress for Losses.
desire to call attention to the congress- 10
aplain duty which the government owes 70
Ine depositors in the Freedmen's Savings and
irustC0. This company was chartered By
Inc congress for the benefit of the mos, Hitter
ate and humble Of orr people. and with
.ns intention Of encouraging their
branches were presided over BY oi,ccrs holdias
the commissions and clothed IN the uniform
OF the United States. There and other cir
cumstancee reasonably, think. lead these
simple people to suppose that the invitation
TO deposit their hard earned saviDgs in thie
institution implied m undertaking On the part
OF the government that their money ehould
be safely kept for them. When this company
failed it was liable in the cum 81 q. o29 az 8
to 6i.l3i depositors. Dividends amount
Ing In the aggregate to sixty.
two per cent. Have been declared, and the sum
called Tor and paid Of such dividends seems 10
be u ,646. 1917 This sum deducted from
the entire amount cf deposits leaves 81 DBL
S44.6 SO still unpaid. Past experience has ehovn
that large part Of this sum win
not be called for. There are aseets etill an
hand amounting to the estimated sam Of Si6,-
QUO. think the remaining SO per cent OF such OF
these deposits % have claimants should be paid
BY the government upon principles OF equity
and fairness. The report Of the commissioner
soon to be laid before congress will give more
satisfactory details on this subject.
DISTRICT or COLUMBIA.
Pressisg Needs Of the District Brought
to the Attention Of Congress.
The control Of the Affairs OF the Dietrjct Of
Columbia having been placed In she hands OF
purely executive officers, while the conpress
sttll retains al legislative authority relating
70 its government, II becomes my duty to make
known the most pressing needs OF the distric
ana recommend their consideration.
The laws Of the district ap-
pear to b in m uncertain ana
unsatisfactory condition. and their codi6ca-
tion revision 10 much needed. Daring the
past year one Of the bridges leading from the
district to the state Of Virginia became unit
for use. and travel upon II vas forbidden.
This leads me to suggest that the
improvement Of al the bridges crossing the
Potomac and its branches from the city OF
Washington, 10 worthy Of the attention Or
congress-. The commissioners Of the district
represent that the laws regulating
THE SALE o. LIQUOR
and granting license, therefor, should be at
once amended. and that legislation 10
needed to consolidate. define and enlarge the
power Of charitable and penal Institutions
within tho district. ] suggest that the com
missioners be clothed with the power TO make.
within fixed limitations, police regulations. I
believe this power. granted and carefully
guarded, would tend to eubserve the good Or
der Of the municipality. II seems that tioublc
still exists growing out Of the
occupation Of the streets and
avenues BY certain railroads having their
terminus in the city. 1t II very important
that such laws should be enacted upon this
subject % win secure to the railroads all the
facilities they require for the transaction Of
their business. and ut the same time
PROTECT CITIZENS FROM INJURY
to their persons or property. The commits.
sionefa again complain that the acconmods.
ti0ns afforded them for the necessary olllces
for district business, and for the cafe keep
ing Of valuable books and papers are entirely In.
efficient. recommend that this conditien OF
affairs to be Yemedied BY the congress, and
tnat suitable quarters be furnished for IL
needs Of the district government
In conclusion ! earnestly invoke euch wise
action on the part Of the peoples Legislators
- will subserve the public good and demon.
strate during the remaining days of the con.
grese. 90 ct present organized its ability and
inclination to % meet the peoples needle that
1t shall be gratefully remembered b IN e..
pectant constituency.
GROVER CIEvBLAND.
WAsHNGToN. Dec. 9. 1886.