Year: 1878

wAsHISGTos, Nov. "a. 1878
AROUND THE WORLD BY MAIL-ExcELLENCE OF


THE INTERNATIONAL MAIL SERVICE.


striking illustration Of the extent and excellence
Of the arrangements for international mail service
which have resulted from the postal union is given
in an official publication received by our Superin-
tendent Of Foreign Mails from the Berne Central
Mreau. resident of Chcmnitz, Saxony. mailed at
that place at seven P. VI. on the oath OF May
last postal card addressed TO himself, car
rying request to all postmasters to despatch
it successively and without loss of time
to Alexandria. Singapore. Yokohama. San Francisco
and New York, and thence to Chemnitz his object
being to win a wager that with the existing postal
arrangements the circuit of the world could thus be
made by postal matter within 120 days. The request
complied WITH and the card arrived in ChemIitz
from New York the ll7th day after the date Of
original mailing. The Postmaster General Of Ger
many has caused this card to be photographed. and
transmitted copy TO the Bcrnc International Du-
r.au. with the remark that, had it been posted
hour earlier it would have accomplished its journey
IN 9G days instead of III.


LOST OF UNIEDEEMED BANK NOTES.


The Comptroller of the Currency in the concluding
portion of his annual report just completed says in
regard to lost or unredccmcd bank notes.


Inc Delci is very generally entertained that n.
siderable portion OF the circulating notes of each
tional bank will ultimately be lost destroyed and
will therefore never be presented for redemption. 1t
is also frequently stated that the loss OF such notes
to the benefit OF the banks. Neither suppos-
tion is correct Section 522a of tho Revised Statutes
requires that all national banks which go into vol,n
tary liquidation shall within six months there
after deposit in tho Treasury amount
Of lawful money equal to the amount of their circu
latng notes outstanding The law also requires that
full provision shall be made for the redemption Of
the circulating notes of any insolvent bank before
any dividend is made to creditors. Thus it will be
that association close up its business
without first providing for the of all of its
circulating notes, and that the amount deposited
must remain in tho Treasury until the last oustand-
ing note shall have been presented It Is therefore
plain that the government and not the bank receives
all the benefit arising from lost or unredeemed circu
llting notes.


THE ALLEGED SOUTHERN ouTRAGEs--A PRoMI-


NENT FEATURE IN THE PRESIDENTS FORTH


COMING MEssAGE-THE REMEDY FOR THE


REPORTED WRONGS


In his forthcoming Message the President will
make the reported outrages and violations Of law in
the South during the late Congressional elections
prominent topic Of comment These violations will
be condemned as forcibly depriving large num-
ber Of citizens, in specified localities, Of rights
conferred by both national and State authority thus
preventing the results expressive Of their will in the
administration of public affairs. Such proceedings
will hc further deprecated because they indicate that
the pacifcaton Of the South is not yet complete and
because they cast reproach upon and cndanger the
integrity of free institutions. The subject will be
earnestly presented to the consideration Of Congress
for such action the circumstances demand, with
view of preventing recurrence of such wrongs
and to secure an absolute exercise Of the right
of suffrage. Owing to the decision of the United
States Supreme Court that tho enforcement
sct unconstitutional it not being in specific ac-
cordance with the constitutional amendment and the
failure of the House in the Fortythird Congress to
pass the Senate bill designed to meet the judgment
Of that tribunal there is law to punish class Of
cases aflocttg colored which the act in
tended to reach The law relative to the election Of
members OF Congress. however, affords remedy for
some Of the reported wrongsinhicting lnc Of $500
and Imprisonment for one year on any person found
guilty Of illegally preventing obstructing the free
exercise OF voting and fine OF $4,000 and mprison
ment for not more than ten years on those engages
| in conspiracy for the same purpose.