The midland journal. (Rising Sun, Md.) 1885-1947, 1892-09-30


homes, at the expense. Of thousands Of
hungry children all over this country
who are half clad, half fed, aud less
than half educated. Applause.
Who else have their clutches on this
Government money? The Chase
National Bank, of New York, has
81, 100000 oft Who presides over
the Chase National Bank Mr..
Cannon, late Comptroller of the Cur
rency. He still has his hand in the
Treasury, and is using without intereat
81, 100000 Of Government funds. the
profit upon which far exceeds the salary
which he received when he was Comp.
troller Of the Currency.
Then comes the First National Bank
of New York. That is the bank that
was caught with $43 100000 of the
public money in it when Mr.. Sherman
was Secretary of the Treasury, and
when its own capital stock amounted to
less than quarter of a million dollars.
What kind of official honesty was this,
and what an example to the country
That bank has to-day 100000 of
Government money which it has the
use Of without interest. While the
farmers of my district and my State
are ground down by their mortgages
and crushed into the earth by their
debts, this gentleman and his bank are
the favored ones, and have the free use
of 81, 100000 Of the peoples money.
Then we have the National Bank OF
the Republic, in New YORK, with
S930,000 of the Government money.
Who presides over that bank John
Jay Knox, an ex.Comptroller of the
Currency. He, too, has his arm into
the Treasury up to the elbow, and the
interest which he derives from the use
of this 100000 of the Government
funds far exceeds the salary which he
received when he was Comptroller.
Next we come to the National Bank
of the Republic, in the city of Wash
ington, bank in the same city with
the national Treasury, and alongside Of
it. What necessity IS there for a Gov.
eminent depository here in Washing.
ton? Everybody knows that it is q
mere gratuity to the bank, and l de-
nounce it as shameless exhibition of
bad official morals. This National Bank
of the Republic is presided over, I am
told by exp ostmaster General CreswelI.
1t has Sl65, OOc of public funds.
Mr.. Bayne-Did the gentleman men,
ton the National Bank of the Re.
public?
Mr.. Weaver-Yes, sir; bank here
in Washington.
Mr.. Bayne-That it not located
alongside the Treasury Department.
Mr.. Weaver-How tar from it?
Mr.. Bayne-Down on Seventh street
Laughter. One word more
Mr.. Weaver-No. sir i; I do not wish
to be further interrupted. My time is
limited.
Mr.. Bayne-Mr. Creswell is not
president of that bank.
Mr.. Weaver-Well, Mr.. Creswell's
bank is using Government money, as
understand. If have the wrong bank
by the ear l have not the wrong ex-
Postmaster General by the ear
Laughter. l may have placed the
right man in the wrong place.
Now, L come to the Western
National Bank, of New York. That
bank, it will be remembered, was
organized during the second session
of the Forty-ninth Congress by three
prominent Treasury officials, con-
corning one of whom (peaoe to his
ashes) l will say not a word; but two
other Treasury officials, the Treas
rer.of the United States, Mr.. Jordan.
and the sub treasurer of the United
States, at New York, Mr. 'Canda,
were prominent in organizing that
bank, and are prominet stockholders
in it to day. How much Government
money has this bank? One million
one hundred thousand dollars. T.
deposited bonds to the amount of
Sl,OOO,0OO and received $l,1O0,00O
of Government funds, which are
being used by this bank, as all these
other ex officials are using Govern
ment funds, for their own profit and
advantage. F. G. Matheissen, one
OF the prominent characters in the
Infamous sugar trust, was conspic-
uous in organizing this bank, and is
a prominent stakeholder in it. lex.
amined the record with regard to