The Abilene reflector. [volume] (Abilene, Kan.) 1883-1888, 1888-04-26

and crushed into the earth 10y their
debts. this gentleman and Ills Dank
are The favored ones and have the Tree
use of 81 100. 900 of the people money.
Then We have the National Bank OF
the Republic IN New York with $780,
900 of government money, Who pre-
sides over that bank? John Jay
Knox, ali ex-COmptrOller Oh currency.
lie. too, has his arm into the treasury
up to the elbow, and The pIOnL wHl'h
he derives from the use OF this $780,
UUO vi The government iundS la tx
ceeds The salaIy which he received
when lie was Comptroller.
Next we come to the National Bank
of the Republic, i'll tue city OF ASH
ington, ii bank in the same CITY Win
the national Treasury, and aloilsSide
If 1t. WHAT Necessity is there Tor
government depository here Ill ASH
inglon? Every body knows IL is mere
gratuity to The bank. and l denouhce
| IL as "A shameless exhibition OF pdu
official morals. -,
Ims NatIunal Bank of the Republic
is presided over. AIN told, by tx-PoSt-
masIer-Gt neral Cresweil. Ii has
sI65. 900 of public funds.
MI. PANE Did the gentleman
mention the National Bank OF the Re-
public.
Mr.. Weaver-1es, sir; bank here
in Washington. =,
Mr.. Payme-That is not located
alongside of the Treasury Depart
meut.
Mr.. Weaver How far from it.
Mr.. Payne-D"wn OH Seventh
street. [Laughter.l One word more
Mr.. Weaver-No. sir: do not wish
TO be further interrupted. My time Is
limited.
Mr.. Payne-Mr. Creswell is not
president of that bank.
Mr.. Weaver-Well. Mr. CreSwell S
bank is using government money, as L
understand. Ii | have the wrong BANK
Inv Lie ear l have MT the wrong ex-
Postmasler-Gemeral by the ear.
I[Laughler.l 1 may have placed tie
right man in tie wrong place.
Now. | come to the Western Ma
tional BInk of New York. That
hank it will be remembered, was or
gauIz ID during the second session OF
line Forty ninth Congress 10y three
monument Treasury officials, concern
ing one of whom (prace To his aSheH)
will saw not word; but two 0thtl
Treasury officials. the Treasurer of the
United States, Mr.. Jordan, and the
suhtreasurer. al New York, Mr. Canda,
, we're prominent in organizing tha'
| bank and are prominent STOCKHOLDERS
in it to- day. How much government
money has this bank? One million
nne hundred thousand dollars. 1t de
nosittd bonds TO the amount ul
81 DOC. OOO and received Sl,1OO,O0O OF
Government funds, which are being
used by this bank, as all these olht'
= ex-otficials are using governLtnl 1uhds
for their own profit and advantage
F O. Malheissen, one OF the prnml-
uent characters in II e Infamous trust.
was conspicuous in organizing Thu
bank and is prominent stakeholder III
it. | examined the record with regard
to this bank and I'Want To give wha'
il SAWS. The book which dtSignateS
the amount that lheSt. banks shall r.
ceiye shows this order concerning the
Western National, Mr.. Jordan S bank;
..Fill the bank from banks outside
of New York"
l. not that good? Laughter
have a letter from the Secretary 81
the Treasury CONCERNING this bank
; which [ desire 10 read for the eiifica
tiou and instruction of this House. Ii
is dated Washington, ID. e.. October
1887. aud is directed to the Treasure
of the United States:
SIR. The Western National bank of New
York City has been desgnatd United
States depository. and the security hXed toI
the present at Si,UUJ,,O0 of United States
per cent bonds. In order to avoid the usua
DELAY in obtaining balance b accommodating
, revenue deposits. will thank YOU when the
bonds are received, to cause to be transferred
TO said bank from national bank repositories
other than those in New York city such
amounts as may be deposited therein 10 the
credit of your general account in excess OF
their authorized balances, until tue sum OF
Isl IOO,Ou is reached, which amount the west
ern National will be authorized TO hold as a
fixed balapce. Respectfully yours,
{. S. FAIRC LID, Sec'y.
Now. this was an order to the Teas
urer of the United States, whereupon
he issued his order to the banks out
side of New York, TO transmit then
balances directly to the Western Ma
tional l}ank-not to the Secrt tary of
the Treasury-but directly to thai
bank, and To telegraph the amount OF
their remittances to the Secretary OF
the Treasury.
/ And then at this session of Con
gress the Secretary of the Treasury
has sent in an item showing detc
iency in the Geographic expenditures.
., OF. h,.. OF fAr nlt h.
Efficiency is solely owing to the large
amounts of deposits placed in the n"-
tional banks. That i to say. the cos
of this telegraphing- both to and from
the banks that are using this govern
ment money for nothing, is paid out of
the Treasury of the United States; and
in order 10 meet this expense, an item
has been allowed in the urgent d, tic
iency bill which passed this House
What excuse is there for this?
Mr.. Payne-What is the date of the
letter just read by the gentleman?
Mr.. Weaver-October s, 1887.
Then we have also the Third Ma
tional Bank of Buffalo, n. Y. Whose
bank is that? 1t is bank controlled
by gentlemen prominent in the Stapd-
ard Oil trust. Yes, the Standard Oh
Company has its hand in the Treasury
also, through this and other banks.
Think of the burning shame and dis
grace of such a transaction! No won-
der the people are losing confidence
in the government.
Mr.. Weber-May L ask the gentle
man
Mr.. Weaver cannot yield to the