New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1886-12-10


NOT TO GIVE Up HIS PLACE WITHOUT yIGHT-
Mr.. sNYDrRs QUALIFICATIONS
The friends of Bank Examiner Augustus N. Serbia are
stil working TO induce Controller Trenholm 10 revoke his
order OF removal OF Mr. Serbia and many Democrats OF
prominence are said be writing TO President Cleveland
and Secretary Manning IN his behalf The bank officers
down town speak highly Of Valentine p. Snyder,
Who It is believed, win be Mr.. scribas sue
cessor, and expect that he will mako an
efficient examiner. Few bank officers think that Mr..
Trenholm will change his mind about the new appoint
and they see no appeal under the for Mr. Serbia
whatever he may do to excite public sympathy In his
behalf
Mr.. Snyder Is about thirtyfve years old. He Is now
Deputy Controller Of the Currency From 1873 toJuly
1888 he correspondence clerk in the Third National
Bank OF which Conrad N Jordan formerly was cashier
Previous TO 1873 he cashier OF q Fishki
bank Tho officers Of the Third National
Bank express their satisfaction with Mr.. snyder's
record and say that his abilities fit him for the post Of
bank examiner Henry W, Cannon. formerly Controller
OF the Currency 10 now the president OF tho Chase
National Bank. He for short time associated with
Mr. Snyder officially lie said yesterday that he regarded
Mr. Snyder possessing exceptional ability for yonng
man he capable and energetic in the performance
OF his duties Deputy Controller. Secretary Manning
and Treasurer Jordan selected Mr.. Snyder TO make
an examination of the SubTreasuries in Chicago,
Cincinnati New Orleans and San Francisco The work
exceedingly delicate and difficult and ne executed IL
in a thorough and careful This probably drew
the attention OF his superiors snyder
Mr. serbia was found by q TRIBUNE reporter at the
Fourth National Bank extremely busy with an examina-
ton Of its affairs You must excuse my saying any
thing the subject ne said for feel decscy about
Tpenbo% When the proper time arrives, il necessary
will lay all the documents before the public and iet IL
Judge between u.s."
An intimate friend OF Mr. Serbia said: Mr. Serbia In
tends make strong fight for his position based on his
merits and the principles or Civil Service reform You
would be surprised at the strong backing he has even
among Democratic bankers Ii he IL compelled TO leave
the Office the documents in the matter will be
powerful political argument 1. in lsSs y Tns
state for his removal will disgust derent Democratic
bank presidents and Wa street men and will be resented
by heavy population up IN the State. the descendants
OF oaners who brought TO this country and
given the farms to settle upon by Mr. se1bas family
first letter when ho said that be removed MT Serbia
se " e % tina that ba Seen and the
utes IN the merits OF Mr. serbia rs an afterthouxht Mt
WHO'S the better Judge of thstMr Trenholm the bank
presidents, who have testified to the examiners ability
integrity and eiiiciency}"
THE SORT OF MAN THAT MR.. TRENHOLM WANTS.
WASHINGTON, Dec 0 tNpeciab.-The general impression
Is that yP Snyder. the present Deputy Controller OF
the Currency, will be appointed Bank Examiner 10 the
place Of Mr. Serbia OF New York whose resignation has
been demanded by Controller Trenholm Mr. Trenholm
said today;
mOva OF Serbia the ground that he has done good
work them That is looking ut the from their
point OF view look from mine Controller OF the
Currency. Mr. Serbia IN his way has been good enough
man. honest and Trustworthy I do not consider him.
though. the man that should like ~ in his place.
The man detailed to examine the banks In New York
ought possess a peculiar faculty which think Mr.
Serbia lacks imagine. for instance man In New
York examining the banks there. and knowing at
whether certain banks the spondens perhaps
OF New York banks In another part or the country
are iu a good condition financially In other words.
want capable OF eeng the pulse OF the National
Banking system. this be done more readily ny
man New York than any where else. As matter or
fact Scribas resignation is not required Is II
necessary that should De formally removed could
detail any this Office To examine bank in New
York aud this will be done If Mr.. serbia should make
any difficulties"
Assistant Secretary Fairchild said that the place WAS
worth about 49, 900 year. The examiner Ia PAID so
much for each examination. No regular salary Is at
tached To IT,