The evening times. [volume] (Washington, D.C.) 1895-1902, 1900-02-01
ALLEN ARRAIGNS GAGE
Tie Senator Attacks the SeePe.
tary'S Bank Dealings.
Letters tO and From Standard OH
and Other Trust Nagaates Read
and Criticised in the ScnRte-The
Reply to the Resolution of En-
qufry-The Routine Proceedings.

qutrt-Thc Routine Proceeding gs.
The subject Ct the financial relations be-
tween the Treasury Department and the
City National Bank of New York and the
Hanover National Bank was taken up By
Mt Allen in the Senate today. He had
introduced a resolution calling for the cor
resPondenee. and he addressed the Senate
at length. commenting on the correspond
ence. The first letter read was one from
Vice President Hepburn. of the City Ma
tiOnal Bank. OF June .. 1897. asking Secre-
tary Gage TO continue that bank as a ma
tionaI depository, calling attention to the
list OF its directors. and adding that the
bank had great political claims. in view
Of what was. done during the canvass last
year"
Mr. Allen read the list OF directors, in
cluding the names OF Mr.. Havemeyer.
President Of the Sugar Trust: Mr. Post.
director Of the Sugar Trust. and Mr.
Rockefeller, President OF the STANDARD OH
Company. he said that there was no rec
ord Of any reply to Mr. Hepburn's letter,
ment deposits in the city National Bank.
The deposit had grown from S20o 000 on
May II. iSe7. TO the enormous sum Of
S24 000,00O. which would Indicate the effect
that the reading OF Mr. Hepburns letter
had on the Treasury Department"
Mr. Allen commented upon the letter Of
Secretary cage TO Mr. Stillman. President
Of the City National Bank. speaking Of his
intention 10 dine with the directors II the
North Ameri, an Bank Of Philadelphia. and
proposing aiet conference at the Walton
Hotel
He went On to speak Of the familiar
terms in which President stiIlman and
Vice President Hepburn addressed the Sec
retary Of the Treasury. He spoke OF an
ether letter nom Vice President Hep
burn 20 Secretary Gage as "an invitation
10 enter conspiracy with him and to give
The false Impression 10 the covutry that
there was more money in reserve in the
Rational banks Of New York than there
really was"
Would you not suppose said he. that
there should come forth a rebuke from
the Secretary o. the Treasury for trying 10
entice him into a conspiracy OF that kind2
Yet this correspondence fails 10 disclose
even the mildest rebuke-
Then he came 10 NJ. Hepburn's propo-
sifion 10 be the financial agents Of the Gov
eminent in Manila. which be also criticised.
AR. Carter OF Montana said that ne had
happened TO be in the office Of the Paymas-
ter General Of the Army az that time. and
found that The Paymrster General was an
sOiuteiy without facilities for securing ne
payment of troops IN the Philippine ISL
ands, except through London.
Does the Senator from Nebraska" Mr.
Carter asked regard as improper the ef-
fort TO have American banking come ctions
there, whereby our soldiers and sailors
serving IN that distant country may be paid
in American coin, through an Ameri.sn
bank without the ruinous discount they
would have 10 pay in getting IL through
Londcn2''
Mr.. Allen remarked that that question
might be considered a departure" in
pleading
"Not a departure from the truth. but a
departure from your speech. Mr. SpoOner
interposed with a trace Of sarcasm. NJ
Allen said he did not propose 10 have Sen
ators inject any little arrows into his
speech. or divert him from his course.
i understood the Senator's remarks 70
5e a criticism OF the Secretary OF the
Treasury replied Mr.. Carter, "fo- pro-
posing TO have a bank organized in Ma
Mia TO AFFORD facilities for the transfer Of
money between Washington and Luzon.
III the Senator understands that" an
swered Mr Allen. he is IN error. as he
Is IN many other things I have made no
comment upon that thus far"
Then Mr.. Allen came 10 the efforts o.
the City National Bank, through Senator
Plat OF New York, to have thar bank
made the depository OF tie postCfice fund
and he read the correspondence on the
subject, closing 18th Mt. Cages letter to
SIR. Stillwell, spiorming him that the pos
tai funds were. by law. under control OF
the Postmaster General. who had desig-
mated as the depository the Seventh Ma
Jlonal Bank of New York. OF which Perry
Heath, Assistant Postmaster General, is a
director.
At this point the morning hour expired,
and the Financial bill was taken up. and
Mr. Daniel. addressed the Senate.
Mr.. Rawins during the morning rose to
a question Of personal privilege and said
that he had noticed, by the official record
that on several occasions recently frequent
references 10 himself had been made in
the other house, to the effect that he might
have revealed certain things as TO the do
nestle Affairs Of the citizens OF his State.
and 10 the moral status OF a member or
members OF the House Of Representative.
alluding 10 Mr. Roberts.
de asked the presiding officer II he would
be in order now 10 reply in the Senate to
these aspersions. Mr.. Frye replied in the
negative
The oath of Office was administered to
Charles G. Bennett, the newly appointed
Secretary Of the Senate. and il was ordered
that notice Of his appointment be given TO
the President Of United States and 10 the
House OF Representatives. Mr.. Gallinger
Chairman Of the Pensions Committee, pre-
sented a report Of the committee ap-
pointed by the Union League Club Of New
York on the question OF frauds in the
pension rolls. He described it as a calm
and dispassiOnaJe report. and he asked 10
have it printed as a document. II was 50
ordered. Mr.. Pettigrew offered a resolu-
tion for the printing Of a paper enti;lei
The Philippine Commission" and said
that he would speak upon IL tomorrow. He
enqu'red as 70 the disposition Of the reso-
luton on which the discussion Of yester-
day tok place, and was told by the Pre-
siding Officer that it had gone to the caIea-
dar.
The Cuban Census.