The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1900-01-05

Washington, Jan 4.-The house ses-
zion was very brief again today. the
pnIv incident being the adoption Of the
.sulzer resolution introduced yesterday
Falling upon Secretary Gage for infor-
nation regarding the deposit OF gov
eminent funds in certain New York
national banks. The resolution, as
adopted, was made more general in its
scope. and an amendment was added
10 cover information respecting the
transactions relating to the sale of the
New York custom house site.
Secretary CAGES friends had been
informed that he eourted the fullest IN
vestigatiOn and was prepared TO SUD
init all the facts to congress. Accord
ingly there was nc friction over tina
passage of the resolution, which was
unanimously adopted. The resolution,
rs modified, is as follows;
Resolved That the secretary or the
treasury be and he is hereby requested
20 furnish the house Of representatives
the following information:
The Information Wanted.
.'First--Copies Of all letters. agree
Enents, papers or documents between
the treasury department of the United
States or any person connected there
with and the National City bank and
uhe Hanover National bank of the city
OF New York, or any person acting Tor
them, or either of them, since the attn
day Of March. 1897, relating tc the de-
hosting of public funds, bonds or rev.
enues in said bank or banks or any
other relations or business transactions
now existing or heretofore had between
ahe government and the said banks or
either of them.
'SecOnd-The amount Of public
money, bonds or revenue deposited
with said banks, or either Of them, or
with any national bank, by the gov
eminent. upon what security, for whas
length of time and the reasons there
for and whether said banks, or any Of
them, have paid the government any
interest on said deposits, and if so, how
much and ali other information con-
corning the same or in any way Telat-
ing thereto.
Sales of Property.
''Third-And also the date of the sale
of the custom house property of the
United States in New York City to
said National City bahk, the date of
the execution of the deed thereto, the
date and manner Of payment OF the
purchase money therefor, the DISPOSE
ton OF the HltCEEQo OF the Hdlu ocAACs
and whether or not the government has
paid any rents for the said property or
any portion thereof, for any purpose,
since the day of sale, and if so, to
whom. and all the facts relating 10 the
transaction.
Mr.. SuIzer arose after the presenta-
ton Of the resolution and said he
would accept the amendments
AIR Richardson, the minority leader,
asked for five minutes. which he desired
10 yield 10 Sir. Levy (Dem., N " The
request was complied with, and MT
Levy offered an amendment TO the res
oluticn which included a request for
The secretary 5 reasons for delaying tho
deposits in national banks until tho
panic had occurred.
llr. Levy said he had warned the sec.
rotary of the treasury in september
that the panic was imminent. Had the
secretary needed that warning and de-
posited government funds in national
banks I'm September and October, in
stead of buying bonds. the panic would
have been averted. The amendment
was promptly ruled out Of order and
the resolution, as offered by Mr. Payne.
was adopted.