The evening times., 1899-07-07
FOR COLONIAL BANKING
Thirty three Applications Before
the Comptroller.
These Include Cuba, Hawaii, Porto
Rico, and the NEUTRALITY-SUSPICIOUS.
Nen-N0thinG to BE Done Until
Congress. Takes Favorable Action.


From the latter part Of the Harrison
administration, when the talk of annexlng
the Hawaiian Islands first became rife, un-
til the American flag foated over Cuba.
Porto Rico and the Philippine Islands, ap
plications for charters for national banks
in the colonial possessions have from time
to time been filed with the Comptroller Of
the Currency.
Today there are thirty-three such appli-
cations before Comptroller Charles G.
Dawes. The Comptroller stated to a Times
reporter this morning that number Of
applications had been rejected because
they were improperly made out The fol-
lowing list is row on file in the office of
the Comptroller of the Currency:
For Cuba-Havana United States Ma
tional Bank. 100000 capital, ]. w. Crooke.
Richmond. Ky, applicant: Havana, First
National Bank, 100000. William A.
Mearns. District of Columbia; Cardenas.
First National Bank, S1G0. 900, George ".
CisseIl, District OF Columbia; Santiago.
First National Bank. Arthur C. Higgins,
Newton Centre, Mass; Havana, First Ma
tional Bank. s5co.oco, B. H. Barnett, jack
sonville. Fla.
For Porto Rico-San Juan. First Nation
al Bank. 100000 capital, H. w. Cannon.
New York city, applicant; San Juan Amer
lean National Bank Of San Juan, $500, ,o00
J. B. Jones, Wellviile. n. Y.t San Juan,
West Indian National Bank of San Juan,
$500, 900, E. NJ. Clarke, New York city,
San Juan, National Bank of Commerce,
s300. 900, F. W. Matthias. St. Louis, Mo;
San Juan, First National Bank, Amos F.
Bailey, Dorchester Mass; San Juan, Por
to Rico National Bank. 100000, E. NJ
Westeryelt, Grand Island, Neb.; Ponce,
| First National Bank of Ponce de Leon,
S100 600, William o. Jones, New York city;
Ponce United States National Bank, $780,
900, L. W. & p. Armstrong New York
city; Ponce, National Bank OF Commerce.
sl00, 900. F. w. Matthias; Ponce, First Ma
tional Bank Thomas kneeland, Minneapo-
lis. Mimi; Ponce Ponce National Bank,
SIOO 0e0. E NJ Westervelt, Grand Island
Neb: MGyaguez. First National Bank, $780,
OOe T. b. Hancock. Pleasureville, Ky;
Mayaguez. First National Bank, S2o0,000
Mateo Fayardo. Ponce, 2. R; Ponce, First
National Bank, $3.50, 900. Warren p. Sutton,
Ponce p. r.; Ponce, American National
Bank, $4,000, David B. Gam, Chicago;
Mayaguez First National Bank, $500, 200,
E. l.. Arnold, New York city; San Juan,
San Juan National Bank, s150,00Or De Ford
& Co., Boston. Mass.
For the Philippine Islands-Manila. First
National Bank, 100000 capital. L. A. Cool
idge District of Columbia, applicant; Ma
Mia. United States National Bank, $780,
000 E. r. Blish, Chicago.
For Hawaii-Honolulu, First National
Bank of Hawaii. s150.000 capital, Perry 5.
Heath, District of Columbia, applicant;
Honolulu, First National Bank Of Hawaii,
s100, 600, E. W. Andrews, Seattle, Wash; /;
Honolulu First National Bank of Homo
lulu, s100 900. Harlow j.. Crissey, Little
Valley. ~ Y; Honolulu, First National
Bank OF Honolulu. 100000. r. R. Odell,
Minneapolis, Mimi; Honolulu, United
States National Bank of Honolulu, 10000,
Albert Rass, San Francisco; Honolulu.
First National Bank, Logan Z.
Murray. Louisville KY; Hilo. First Ma
| tional Bank. $4,000. Henry Koehler. San
Francisco; Hilo, First Nat.onal Bank, $780,
OOO Bishop G. Co., Honolulu; Hilo, First
National Bank, Francis d. Creamy,
Honolulu.
Speaking of these applications. Comp
troller Dawes said that they showed the
interest taken by the commercial men in
the colonial possessions. Until Congress
acts in this matter, the Comptroller said,
no charter can be granted for a national
bank, in any OF the islands. Congress may
or may not extend the banking laws of
the United States to the foreign possess
ions.
But II our banking laws are to be put
into operation in Cuba, Porto Rico Hawaii
and the Philippines" said Comptroller
Dawes then these applications will be
taken up and acted on in the order in
which they were received. That is the US
ual custom. An application for the char
ter of a national bank protects the rights
and gives priority to the claim of the par
ties making the application"
The Comptroller stated that where more
than one applicant applied for the name of
"The First National Bank the application
for the use of that name would, all things
being equal. be allowed In some in
stances two applications have been filed
by the same person. notably in the case
of F. W. Matthias, Of St., Louis. If he can
not secure charter for, the National Bank
of Commerce of San Juan. capital $500, GEO.
then he wants charter to- establish the
National Bank of Commerce of Ponce with
a Capital Of S100, 600. 80
II think it is very ciear,~ added the
Comptroller, that theepeople OF Cuba
Porto Rico, Hawaii. and the Philippine
Islands will not suffer for the want of
proper banking facilities if Congress will
but give authority to extend our banking
laws to those islands,"
-----l -. =