Evening star. [volume] (Washington, D.C.) 1854-1972, 1892-12-07

90 That the limit Of the amount which may b.
| loaned to any person, company, corporation
or firm to 10 per cent Of the capital stock o
the bank be SO amended a. to read 'capital ant
| surplus" and also that an exception be mad
| in favor Of temporary loans secured by collat
| eral In our largest business centers.
90 That the government issue bonds havint
| twenty, thirty and forty years 10 run, at . loy
rate Of interest, with which to retire the presen
bonded debt Of the United States, which bond
circulation.
The controller shows that by exchanging .
per cent bond. having the same length Of tim
to run, for the per cent bonds. at the marke
value Of each, on the 3lst OF October, 1892, tn
government could have saved e67. l6l, 66l. ~
In addition to furnishing permanent basis To-
circulation, 1t would prove great saving to tn,
taxpayers Of the country.
Cd That the controller Of the currency, will
the approval Of the Secretary Of the Treasury
be empowered to remove officers and director,
Of banks for violations Of law, leaving th,
vacancy so caused to be filed In the usual way
first giving such officers and directors IN op
portunity to be heard
90 That bank examiners be required to tax,
an oath Of office before entering upon the dis
charge Of their duties, and give bond in suol
amount and with such sureties a. the controller
OF the currency may require.
go That the controller Of the currency DO al
lowed to appoint two general examiners o.
conspicuous ability and experience, to be paid
out Of the public funds, whose duty II shall b.
to visit, assist and supervise the various exam
liners in their several districts, In order to -
cure uniformity in method and greater eff
cheney in work.
(10) That the law be 30 amended a. to pro
hibit officers and employees Of q bank from Dor
rowing from its funds in any manner excep
upon application to and approval by the board
OF directors.
l1) In order to facilitate the collection Of
assessments upon stockholders Of failed ma
tional banks, that the receivers of such banks b.
required to file with the county clerk regis
ter OF each county In which any stakeholder
may reside q statement showing the names Of
the stockholders who reside in such county and
the amount Of the stock held by them respect
lively the filing Of such statement to constitute
a lien upon any realty Of said stakeholder,
which lien may be vacated upon motion and
giving proper bond and shall be discharged by
the receiver upon payment OF the assessment.
(I2) That section $50, United States Revised
Statutes, be SO amended as to leave It discre-
tionary with the controller Of the currency
whether United States attorneys shall be en-
ployed by receivers Of failed banks or not
yoREIoN COMMERCE..
The value of our foreign commerce Cimports
and exports Of merchandise) during the last
fiscal year was greater than for any previous
year 1t amounted to sl, s57, $50. 6l0, as against
81, 1873 1897 ,0O6 during the year 1891, increase
Of S12s. 283, 604
The value Of imports Of merchandise during
the last fiscal year amounted to Ss27, 402, 1852, as
against SS44 GIG, l96 during the fiscal year 1891,
decrease Of s17.513,734
The value of exports Of merchandise during
the last fiscal year was the largest in the history
Of our commerce, amounting to 81 900 .276, 148,
as against 1854, 4S0, $40 during the fiscal year
1891, an increase Of Gas, 797, 1888.
The value Of the exports Of merchandise e1-
ceeded the value Of imports Of merchandise
S202. SIS, $50.
The value Of the imports and exports Of
merchandise and specie during the last four
years ending June 80 has been follows: