The New York Herald Newspaper, April 18, 1872, Page 7

j | } WASHINGTON. A Civil Service Reform Bill “in the House. West Point A ppropri- ation Passed. THE TREATY OF WASHINGTON. A Lobby Against Consequen- tial Damages. The South Improvement Company’s Railway Contracts. African Methodists at the White House. ANOTHER STEAMSHIP SUBSIDY SWINDLE. + JHE MOAN OF THE MATCHMAKERS, Wasninaton, April 17, 1872, The Treaty of Washington in the House—A Lobby Organizing in Favor ef the British—The Australian Steam- ship Subsidy Swindle. General Banks gave notice in the House this morning that he would call up the Treaty of Wash- ington in three weeks. Mr. Cox tried to make a #peech on the subject, but only succeeded in com- plaining that Congress was not treated by our government as Parliament was by the English monarchy, where he was chocked off. He threatened to bring in a resolution requiring the corresdondence between Lord Granville and the State Department to be laid before the House, There deat present no chance that the secrecy will be Mfted from the deliberation of the State Depart- ment, and the only new thing on the vexed ques- tion is that a lobby is developing in favor of aban- Goning the claim for consequential damages. ‘The Australasian steamship subsidy swindle was again taken up in the Senate this morning, and after @& B short debate laid upon the table to allow the Ju- dicial Appropriation bill to be taken up; but the @ebate has gone far enough to demonstrate the fact that this little attempt of Mr. Banks to gather honey will fail, even in the Senate. There are in ‘this grab so many glaring jobs that few men will have the hardihood to support tt. As Mr. Morrill, of Vermont, said, ‘It is a curious bill.” It provides that the service for which the Postmaster General shall contract with this company, and pay for at ‘the rate of half a million for each thirteen voyages, shall continue for ten years and begin on April 7, 1871. So it appears that the company are to get pay for a year which has already expired. The Cultivation of Trees and the Tax on Lumber—West Point Appropriation— Civil Service Reform—A Railroad Job ' fSquelched in the House. Mr. Haldeman, of Pennsylvania, finished the Speech he began several days ago upon the subject of planting and protecting trees. Mr. Haldeman hasagiven this subject a degree of study and attention which evidently entities him to the attention of the House, and he administered a rebuke for their failure to give it to him by asking them, after he had ‘finished the scientific aspect of it, and failed to ar- rest attention, if the practical sides of it would be more interesting. Mr. Farnsworth took occasion to make a protest against the tax on lumber. He said, “As well might Congress tax water, air and light, as wood.” Pending the discussion the morn- ing hour expired, and the bill went over. The House then took up the Military Academy Appropriation bill, reported by Mr. Marshall, of Illi- nois, who made some remarks upon it that excited very general interest. He gave some interesting historical facts connected with the institu- tion, which were new to many members, ‘This review of this subject, in connection with the wants and aims of the Academy, appealed to the pride and love of country of mem- bers. ts military achicvements, both past and present, were shown to be connected with this school, and so ably was the subject handled that in the very limited time given to the bill before the wpecial order for the consideration of the Civil Ser- vice bill, which was set for half-past two o’clock, it passed with only one amendment. The Civil Service Reform Bill, introduced by Mr. ‘Willard of Vermont, and made the special order for ‘to-day, was next taken up. Mr. Willard made a speech upon the bill, in which he went over the whole subject of the civil service, its condition and requirements. He dwelt particularly upon the @Vils nowing from the use of political patron- age in the Serene lon of civil gifices. Te traced ie Bendy licicase of this evil from the first introduction of the political faith which taught that “To the victor belongs the spoils,” to the pr: Ps ent day. There was originality of thought nd many suggestions which gave evidenge that Mr. Willard has carefully studied the subject. Mr. Perry, of New York, followed, also defending the effort at Feform. He made a very practical, sensible speech ‘upon the subject, and entered into a defence of the rules reported by the Commission. Mr. Shanks, of Indiana, defended the posi. tion he took upon a previous occasion, that Civil Bervice reform was a Western humbug, and re- porated it. In proof of it, he bronght the new Civil Service rules, published to-day, and said they dif- fered somewhat, and were very much modified from ‘those at first presented. Just before the adjournment Mr. Dunnell at- tempted to have passed the Salt Lake and Colorado Railroad bill, but he did not succeed. This bill was ‘put forward as the grant of a simple right of way, but it has since been discovered that it is full of Gepot sites big enough for sites for cities, and it will ‘ave no chance in the House. Preparing for the Worst—A Flect of Iron- Clads in Prospect. At this morning's session of the Senate Naval Committee the claim of Mrs. Dahigren for the use of her husband's patent gun was favorably con- sidered, and Senator Cragin was instructed to re- port a bill for the establishment of iron eiip yards Jor the construction of iron-clads, Matchmakers Remonstrating. ‘The manufacturers of matches will strennonsiy ‘oppose the repeal of the stamp tax on matches as ‘Unjust to themselves and of no direct benefit to the people. They maintain that if the law passes it will ruin them in business and open a market for Canadian matches against which they cannot com- pete with the present customs revenue law in force. The tax is but one cent on a box containing 100 matches, yet the revenue the jast fiscal year from this source exceeded $2,250,000, The Joint Mexican Commission. Tn the Joint Commission of the United States and Mexico to-day, the Commissioners announced their decision disposing of the class of cases known as the “Piedras Negras” claims, some 190 in all, against the United States, arising out of the sack- ing of the Mexican town of Piedras Negras, by two sompanies of Texas militia in October, 1865. An award of $50,000 is made in favor of the Mexican government, to be by that government distributed among 160 of the claimants, as named in a list pre- pared by the commissioners, or such of them as may be found to be meritorious, while the demands of forty of the claimants as named by the commission- ers are rejected outright, Additional evidence being offered both for the claimant and the defendant, it was announced by the Commissioner that, under the operation of the order closing wl cases on the ist of April they would decline to receive evi- ence, except Jor substantial causy sown, | NEW YORK HERALD, THURSDAY, APRIL 18, 1872—QUADRUPLE SHEET. im each case, accompanied by a satisfactory expla- nation of the delay in offering it, For want of this explanation they declined to receive the evidence offered in seyeral cases. The large class of cases against the United States, known as the “Indian depredation cases,” was submitted to the consider- ation of the Commissioners upon the legal ques- tions Involved, The African Methodists and the Presi- den ‘The members of thé annual conference of the African Methodist Episcopal Church, now in session here, called in a body at the White House to pay their respects to the President. The members assembled to the number of over one hundred in the East Room, at a quarter past twelve o'clock, and took a favorable position for being received. Shortly afterwards President Grant descended and advanced to the centre of the room, where he was introduced to Bishops James, A. J. Johnson and Wayman, with whom he shook hands. Bishop Johnson then addressed the President, briefy stat- ing the devotion of the Methodist Church of the country to his administration, referring at some length to his services in saving the country and se- curing to the colored race the right of peaceful thought and action all over the South, where, owing to his paternal solicitude for the colored race, that race is now flourishing, and its churches and other institutions in the fall enjoyment ot all rights, privileges and immunities accorded to the white race, and closing by expressing the united wish of the colored race in the United States for his success in this life and eternal happiness in that to come. The President said he was more pleased than any one except, perhaps, themselves, to know that four millions of people, heretofore held as public slaves and chattels, were now free to think, to act and to worship in the same manner as the most favored of citizens. He knew they had not yet attained all the civil rights which they might be expected to receive, and that what further civil equalities due them might be a work of some time, yet he trusted that ere long they would be placed on a complete footing of equality with any other citizens of our country. He ardently hoped for their welfare and happiness as a race, and bid them God speed in their efforts to build up for themselves a church and a position of which they might honestly be proud. The delegation then individually took the Presi- dent by the hand and passed out. The Senate Arms Inquiry. Secretary Belknap’s examination was concluded to-day. Senator Schurz conducted it in great part. The principal point which seems in doubt is whether Secretary Belknap’s letter to the Secretary of State was written on three or two pieces of paper. The Marquis Chambrun thought the more that was said on the subject the more things were likely to get mixed, The Naval Investigation. George H. Corliss was examined by the Robeson Investigating Committee to-day. He emphatically denied having asked Mr. Robeson’s assistance in getting an appropriation from Congress on account. of his claim for the price of certain engines fur- nished the government. The subject was never mentioned to Mr. Robeson. He expected the Bureau of Steam Engineering to reimburse him for outlay. S. P, Brown was examined in connection with the claim for the loss of the steamer Governor. He never spoke to Secretary Robeson about the claim, The Oi} Freight Swindle. P. H. Watson, President of the South Improve- ment Company, whose affairs are undergoing in- vestigation before the House Commerce Committee. appeared this morning and produced the original contracts between that company and the railroads leading out of the oil regions. He stated that said contracts had been annulled by the South Improvement Com- pany March 28, but not having oficial documentary proof of that fact on hand his further examination was postponed until Friday, when he is expected to produce the evidences of cancellation. This can- cellation took place after investigation was ordered and after service of subpo:nas to produce the rall- road contracts, Ten Hours Pay for Eight Hours Work. The Secretary of the Treasury has decided against the demand of the stone cutters employed on government. work at Colum- bia, S. ©. -The mechanics were paid the usual per diem rates for eight hours work. The architect, wishing to make as much progress as possibie, eatly this spring proposed they should work ten hours, with increased pay at the rate of twenty per cent. After complying with this for a few days the stonecutters thought they should be paid as much for the eight as for the ten hours’ work, hence the trouble among them and the rea- son for Secretary Boutwell refusing to accede to their demand, Commander J. G. Walker, United States Navy, Lighthouse Inspector for the Boston district, has been relieved by Commander G. H. Perkins, A New Post Office at Philadelphia. The House Committee on Public Buildings agreed to-day to report a bill appropriating $1,500,000 for a Post Office and Court buildings at Philadelphia. Presidential Nominations, ‘The President sent the following nominations to the Senate to-day :— John J. Moulton, Postmaster of Mobile, Ala-; James 8S. Ray, Receiver of Public Money, at Mon, roe, La. and Frank W. Barrington, Register of the Land Oitice, at Monroe, La. NEWARK’S BOLDEST BURGLARIES. A More Daring and Dasiafaly Deed than the Beating of Bannister. In the annals of crime in Newark a more daring and dastardly outrage, in the burglar line, is not known than that perpetrated early yesterday morning in that city. For sheer audacity and fiendish vindictiveness it outstrips even the Bannis ter brutality of a month or so ago. The particulars of this later outrage are as follows :—Between one and two o'clock yesterday morning a son of Mr. Samuel Hutchings was aroused from sleep, in his father’s house, corner of High and Bank streets, by the noise of some strangers in the house. Presently some one tried the handle of his door, He observed the glimmer of a light between the door and the lintel, and out “who's there The light then disappeared promptly, and he got down stairs in time to see A PAIR OF BURGLARS making good their bys. <3 He raised a window down stalrs and called vainly for the police. One of the flying miscreants turned and fired a pistol at the yotg man, but fortunately missed him. Shortly afterwards, about a quarter to two o’clock, the res- idence No, 303 High street, corner of Nesbit, was entered in @ like manner, This place is occupied by Mr. Jasper Doremus and Mr. J. G. Slocum conjointly. Both gentlemen, with their wives, slept on the third floor. About the hour named the robbers appeared at Mr. Slocum’s bedroom door, and while he was asking “Who is there ’’ the door was burst in—smashed from the lock and hinges—and two men appeared, one with a dark lantern and the other WITH REVOLVER IN HAND. It was a regular case of “your money or your life!" Mr, Slocam had some one hundred and fifty dollars or so under his pillow, and was about to hand it over, when one of the villains ‘ked the pillow from under bis head. Just then Mr. Dore- mus heard the noise and started to come from his room. The rufians became alarmed, left Slocum’s room, and one of them threatened Doremus if he dared to make any alarm his brains would be blown out. They then started to go, but before doing so the burglar with the pistol TURNED AND SHOT SLOCUM as he lay alongside his fear-paralyzed wife. The rufians then fed, Mr, Slocum gave chase, and calied lustily for the police. Two of these gentry at last turned up, but failed to arrest the burglars, They did arrest’ a New York bank clerk, named George Wilkins, who was ont lat ane gettin, frightened, ran from the policemen, He was discharged. Later in the morning another officer arrested a burglar in the act of breaking into the horse car depot in Market t. He gave his name as John Gaughan, ty-three years of age, and a resident of No, 37 Cortlandt street, New York. His picture adorns the Rogue's Gallery in Newark, and iis person is safely lodged in jali, ‘The condition of Mr. Slocum yesterday afternoon was favorable to recovery, thoagh the ball could not be found. It entersd the right rs and took @ ser- pentine course. Zhe police are still on the qué vive for his would-be @ssassin, Gaughan Is supposed to be one, A number of active robberies were per- petrated in Newark yesterday morning, leading to the belief that a whole gang made araid, The police will Need to act promptly in this matter, as n the Bannister outrage, in order to excite any proper degree of public confidence, Major General Shaler has ordered a street review of the First and Second divisions of tig National Guard on Decoration Day, May 90, THE MONEY LOCK-UP. The Little Four Million Freak of Ursus Major. Smith, the Individual, vs. Smith, the Bank Director, What a Bear Does when Short of Stock. The Tenth National Bank as a Tight- ening Medium. VERY CURIOUS COINCIDENCES. President Palmer, the City Departments and Albany Commercial Bank Tightening Also, BUT HE SAID NOTHING TO ANYBODY. Carrying Off Millions in His Pockets. Evidence of Henry N. Smith Before the Bank- ing and Currency Committee, WASHINGTON, April 17, 1872. Renry N. Smith, of 547 Fifth avenue, in his ex- amination before the Banking and Currency Com- smittee, yesterday, testified at great length in re gard to the recent lock-up of greenbacks by the Tenth National Bank, HE BEGAN HIS TESTIMONY by saying, in answer to a question by Mr. Hooper, that he was notin active business; that on the Sth of April he DEPOSITED $4,100,000 in the Tenth National Bank, in checks signed by Osborn & Chapin and Willard, Martin & Co. He kept no memorandum, but thought these were the parties from whom he got the checks, and thought, besides, he had some from De Forrest, and Marston, and Joycel, in Bates & Co. Mr. Meriam asked him if he had this money loaned out, and his answer to this was the beginning of his testimony detailing the whole transaction, in which he PLAYED SO REMARKABLE A PART, What follows is the examination entire. In answer to Mr. Merriam’s quesgion he said:— Thad left my balance at the brokers’, and they had loaned it. Q. What was the object in calling it in? A. I did not know whether I would let it out again or leave it in the bank; I did not know what I would ulti- mately do with it. Q. Was jt for the purpose of locking up the cur- rency! A. Of course I held it. By Mr. Monroe—What was your motive for that ? A. Lconsidered it my own money and had a right to do what I liked with it; the probability was that a stringency in money would BRING DOWN THE PRICE IN STOCKS; Thad some short and some long. By Mr. Hooper—Was it your object to oreate a stringency and bring the price of stocks down? A. I suppose that was the object, if there was any ob- ject at all; it was not the only object though; I did not feel very safe; we considered the banks not in @ very good condition, and I might want my money. By Mr. Farwell—What was your reason for con- sidering them so? A, Because ne of the banks felt so. There was considerable feeling on the street. I was even insulted on Friday night, be- cause I SAW FIT TO TAKE MY OWN MONEY. Ordinarily a difference of t*ree or four million dol- lars would not make any trouble in Wall street. By Mr. Merriam—Do you say they felt this alarm, and that you were afraid of the banks be- fore you drew out the money? A. I say that when I first collected this money together I had made up my mind that I would call it in; I placed it in bank without really Knowing what I would do; on Fri- day the brokers saw a large credit in the Clearing House, and some of them were very much excited. By Mr. Monroe—You say you were fearful of the solvency of the banks, and being asked why, you say because they made so much talk and becanse your bank had so much credit at the Clearing House that morning, and this was after you had called itin, A. [said [had not made up my mind what I would do with the money. The next day the banks GOT UP A RUMPUS ON THE STRE! and there was a rumor that some one would attach Jay Gould's balances. By Mr. Parwell—Was this after the large credit to the Tenth National Bank or before? A. Before. Q. Then, this did not induce you to make this large call in collecting your money? A. Yes, sir; one reason was it was rumored they were going to attach Jay Gould’s balances in the bank, and T feared that it might tie my money up, which it was necessary I should have. Q. Who do you mean? A, I feared that the Erie | Railway or some one in New York might do it. By Mr. Merriam—How large a credit had he in the bank? A. I could not say. Q. Did it exceed $100,000? A. I do not know. By Mr. Hooper—Can you tell anything about A CHECK OF JAY GOULD given for $100,000, which was certified to as being good on the 24 April, but was not presented for payment until the loth Aprily A. I never heard anything about that. j Q. Cau you tell the committee anything about a deposit made by you of $500,000 on the 2th Febru- ary’ A. [cannot remember anything about it. I do not keep any bank account, except with the bank uptown. By Mr. Monroe—Yon spoke of being short in some stocks; What stocks ¥ A. Railway stocks, . Were they Erie stocks ? A. If they were it was a trifling amount. “'Q. What stocks were they the price of which you Wished to bring down? A. THEY WERE ACTIVE RAILWAY STOCKS; the Cental and those ve stocks and Rock Island and Ohio and Mississippi. By Mr. Hooper—Can you specify at all what checks were deposited on the 4th of April? A. L said they must have been drawn by the house of Osborn & Chapin, Willard, Martin & Co, and De For- est & Marsten, perhaps; whether by Joyclin and Bach & Co. 1 could not say; there Were not any others. Q. Was there more than one che Chapin? A. There might have br say positively. Q. What was the amount of the check of Osborn & Chapin’ A. SOMETHING OVER TWO MILLION DOLLARS. Q. When did you receive these checks from them ? A. The day I deposited them in the bank; 1 do not usually receive checks from brokers until late in the day; they have to finish their business before they can give their checks; they have to draw their balances and get th certified before they can pay me. Q. If they paid in that way after they had got through with their business, would they give more than one check? A. It might have been so; | am inclined to believe there were two checks of Osborn, and Chapin; I could not say certain|, 4. Do you keep any other bank account except with the Tenth National Bank? A. | had usually kept a small one with the Continental Bank of a few aoe dollars, ). You said you were not engaged in business? ako active business, bef rk of Osborn & n; 1 could not ARE YOU A SPECIAL PARTNER IN ANY FIRM? A. Yes, sir, With Willard Martin & Co., Osborn & Chapin and Joyctin, Bach & Co. Q. What time did you make this deposit? A. A little after bank hours, as | have occasionally done before, It ix sekiom that Ido any amount of bust- ness in & bank, and If have sent up word to Mr. Palmer that I would like to make a deposit, and then bave it taken up. In thig instance [ sent word about two o'clock, and told him I wanted to make a deposit. By Mi, Ferwel—Jt pegs that you notified My Palmer that you intended to make a deposit. You have informed the committee that at that time you no fright about the solvency of the banks and afterward you had. Now, on the 4th of rhe when ou had no suspicion of the bank, why did you col- lect $2,000,000 of Osborn & Chapin and $2,000,000 of others and make the deposit on that day? A. I said before I did not know whether I was going to draw out all the money again or not. Q. You certainly had some purpose, because you sent up a notice to Mr, Palmer that you wished to make a deposit after bank hours, when you had not auy suspicion; but on the next day you had. What Was your purpose? A. The original purpose was all within myself; [had the right, I thought, to do it; the purpose was to collect all the funds I had and deposit them in the bank, and, thinking the brokers would see a large deposit, the, king that there was ge deposit, they might think GOING TO BE A LOCK-UP, and I thonght if they got a little frightened and stocks went off in the morning I would buy a little; but later in the day, when I saw the feeling aroused among the bankers, and it was currently reported that some one was going to attach Jay Gould’s bal- ances, I immediately drew my checks and got them certified, Oo As Lunderstand your answer, you desired to Ughten the money market and cover your shorts; tell us when, previous to this 4th of April, you had had any CONVERSATION WITH MR. PALMER? A. I do not know that Lhad seen him within a week ; I do not remember eoeguee a Q. Do you remember saying anything about the policy of the bank for a week before; did you not “I guess money is getting too tight, and you had better call in your demand loans?” A. No, sir; I sent word to him that afternoon by some boy, and I went into the bank and stayed there and ENDORSED THE CHECKS OVER MXSELF and then went back to the street, » What conversation occurred between Mr. Palmer and yourself? A. A very little, if any; there might have been some. Q. The deposit was a little more than an ordinary deposit? A. Yes, sir; I was quite busy in writing; I had to write the order on each check, and wus kept busy while there, . Do you swear there was no conversation with Mr. Palmer while there ¥ A. Do not swear there was no conversation, Q. Did you not say, “I PROPOSE TO CHAIN THE MONEY MARKET TO-MOR- Row 1? A. 1 did not. Q. Did he ask you what you intended to do with ity A. No, sir, he did not. Q. Then you swear positively there was no con- versation on the subject of this deposit? A. ‘There was no conversation as to what I was going to do with the money, or as to what was my purpose in putting it there: Q. You swear there was no conversation upon that subject ? A. Yea, sir. Q. And that he did not ask you any questions ? A. 1 do not thinkk he did; [didnot give him any satisfaction, Q. As adirector of the bank are you not very often visiting it? A. 1 go in sometimes in the morning, but not very eften, Q. Is there not a board of directors, and do you not have meetings of that board with the Presi- dent? A, There is a President of the board, but I do not know how they manage the whole thing; I do not pay much attention to it, Q. You say the Tenth National Bank had an un- usually large credit; can you tell what was their ordinary business ¥’ A. [ cannot. Q. It Rees by the testimony of Mr. Palmer that there was a credit of $600,000 or $700,000 besides your funds? A. Ido not know why that should be. By Mr. Merriam—What is your relation with the HEADS OF THE PUBLIC DEPARTMENTS of New York who keep accounts at the Tenth Na- tional Bank; for instance, the Commissioher of Charities, the Police and Fire Depart Ihave no relation with them what . L see that they drew on the 3d of April $90,000? A. IT do not Know anything about that. Q. We find in this account of the Police Depart- ment and the Fire Department that they were in the habit of making deposits in this bank at differ- ent times, The amounts are $46,000 and $80,000, and on the 5th, the day you locked it up, there was no deposit made by the Commissioner. On the and 3d they had drawn out arly $500,000r A. I ents, &c.? A, 3 it only do not know anything about that. Q. Is Jay Gould a director? A. He is. Q: Was he aware of your intention to lock up this money? A.J do not think he was. Q. Was any officer or direcior of the bank aware of it? A, There was not one of them. I had thought of this on Wednesday afternoon, I never told any one of it. It was WHAT I CALL A DASH, TITAT IS ALT. By Mr. Farwell—Have you restored these funds to the street yet. A. Most of them, By Mr. Hooper—You are a director in the ban A. Yes, sir. Q. Of course you took the usual oath of a director. A. Yes, sir; I think so, Q. How often do the directors meet? A, I think they meet on Wednesdays and Saturdays. Q. Is there generally a quorum present? A, Not always. Ido not go very often. 1 AM NOT A VERY GOOD BANK DIRECTOR. By Mr. Merriam—You say that you saw that they would attach Jay Gould's balance’ A, I did not say that; I said there was arumoron the street that they were going to do so. Q. [thought you gave that as a reason gr draw- ing out your money? A. I said f heard this rumor. Q. Would thet attachment of $100,000 have had any effect on that bank? A. I did not say that was the only reason that made me draw it o} hastened it. Q. Would It not have been less trouble to have gone to the bank ascertained how large an amount he had in the bank than to take ont this large sum? A. 1 did not stop to think whether he had $100,000 or half a million; the mere ramor was suilicicut for me; I think I need not explain to you that a man does not want to have so large an amount of inoney tled up; IT MIGHT BREAK HIM VERX QUICK IF HE HAD, Q. But itis evident that you took no ri: The sequel shows that there was none. th bank would have been safe if they had not been tied up themselves. By Mr. Hooper—You made this deposit after banking hours on the 4th of April? A. Yes, sir, on ‘Thursday. Q. Did you take any bank book with you? A. No, r. sir. Q. You had no evidence of the deposit? A. I knew the deposit was made, Q. But you could produce no evidence. A. I made the deposite and went away; did not take any book with me; it is customary with we to do as I fi lid, Q. When did you take the money away? A. Friday. Q. At what time? A. T went to the bank a little before three, and I was told they had not proved their money, and had not counted it at the “Clear- ing House; that I would have to wait; 1 presented my checks as soon as I went, and WAITED UNTIL THE MONEY WAS COUNTED; Thad given the checkin the morning to Osborne and Chapin for some money to buy some gold, hich they did for me; [ gave the check on the Tenth National Bank and got the currency for $1,000,000, By Mr. Cox—Do you say that this Tenth ional Bank had nothing to do with this transaction of yours’ A. Nothing at all. «. Nor day Gouldy A. No, 8\ . Nor the Erie Railroad? A. other person, Q. You were using your own money at your own pleasure? A. Yes, sit. By Mr. Merriam—How do you account for the fact that the President of ban CALLED IN) SEVEN HUNDRED THOUSAND DOLLARS THAT NIGHTY A. Ido not know anything about it. I did not know of it at the time he did it. Q.—We know that he called in a large amount of money. What was the cause of his action on that ion, and thus aiding you in causing a strin- gency ¢ We want to know whether there way any understanding, No, siv—nor any between you and the President in regard to his calling in these loans. A. Tyere was not the slightest understanding yeen us I did not know it at the I might explain why may have done’ it; since Mr, Palmer hasbeen in the bank. I have never had a speculation of a dollar with him. He is a very carefal bank onicer, and that is why we trust him with the bank so much as we do, He is thoroughly trained to tbe business, and, without knowing What Iwas going to do, but seeing that I had deposited a large amount of money. He might have called in tie money TO PROTECT OR STRENGTHEN HIMSELI 1 do not know. Ky Mr. Cox—When were you first advised that he had called in this large amount ? A. Saturday morn- | ing. L think. By Mr. Farwell—Then it is your impression that your la Fe deposit induced him to call this money ny A, Tdo not kuow anything about it; it may have been so. By Mr. Merriam—Would that have been on ac- connt of his friendship for you’ A. He had no right to do that on that account, if he could not do it withont damaging the bank. Q. Why could he damage the bank more than , you being a director? A.J} don’t think T jaged the bank, and I don’t think Mr. Palmer knew anything about what E was going to do. By Mr. Cox—What effect has this locking up of the money had on the banks? A. I think it has done them goo. Q. In what féspect? A. I think it has opened their eyes, and THEY SEE THEIR WEARNESS; Ido not consider that I have done anything but what L have a perfect right to do. By Mr. Farwell—As an individual, perhaps, no one claims that you have, but as @ bank director; we cannot disconnect ir, Smith the Individual, from Mr. Smith, the bank director. A. I did not consider myself Mr. Smith, the bank director, at the the; I could have done it quite as well without being a bank director; it was noy necessary for me to use any bank. By Mr. Hooper—Yon say you called and got your money the next day;on the 6th? A. Yes, sir; it was about three o’clock—a little befo: T was told. the money was notready to pay me; Mr. Paimer and the teller were counting it in the back room; delivered my checks when I went in. ‘ Qa - your checks been previously certified? A. res, sir. Q. Why? A. Becanse, as TI heard rumors about. attaching Jay Gould’s balances | immediately drew cheeks for La balances and got tiem certified, so that if anything happened I COULD HAVE PASSED THEM TO A THIRD PARTY and they would have been good, Q. Did you go to the Clearing House on Friday before you went to the bank ? A, No, sir. Q Why did Mr, Palmer pay that miljjon of dovare | arbitrary at the Clearing House to Osborne & Chapin. A. Be- cause I gave rne & Chapin in the morning an order to purchase id; as the Tenth National Bank is up town Mr. e asked Palmer to pay bim there go that he could use it. Q. You were not at the Clearing House? A. No, sir; I never saw Mr. Palmer from the time I made the deposit until the afternoon 1 went for the money, Q. And you gave no direction to that money to Osborne? A. No, I did not; 1 told Mr, Osborne to go and get the money; I did not suppose the bank would pay the money over until they got the money from the Clearing House. a How did you take the money away? A. It was pald to me in person, Q, In legal tender notes? A, Yes, sir. Q. Over the counter? A. In the back room by the President; the President and the Teller were in the back room counting it, and I went in there and | received it, Q. How did you take it away; was it not very bulky? A, Not very; THOUSAND DOLLAR NOTES DO NOT MAKE A LARGE BULK. Q. It is a large amount of money to carry about town? A. I have carried more than that on my person; I took posteusion of the money, and the bank never saw it again till I disbursed a portion of it; Ido not know whether I have any of the actual money now or not. Q. Did you deposit it in any bank? A. T did not; I never deposited a dollar back in that bank, By Mr. Merriam-—You say you have carried Itke anfounts before. How many lock-ups have you been connected with before ? A, Ido not know; | have been in active business before; in active busi- ness we carry sometimes large amounts of money. By Mr. Cox—There are u good many lock-ups there, are there not? A. Yes, sir; they are not uncommon, By Mr. Farwell—Was not on this Thursday? A. Never in my _ life, and 1 do not really know where the Clearing House is, By Mr. Merrfam—Do you say that these houses, who are your especial partners, that no member of those firms was aware of our intention to lock-up your currency? A. Nothing more than they could see from my moving it. You have been a broker in New York, and you know that ifa man calls in his funds you woulg naturally infer that he was By Mr. Merriam—Was anybody else connected with you—Daniel Drew, or any one else A, No, sir; it was PURELY A FREAK OF MY OWN, Q. Are you not aware that locking up money in this way affects the general trade of the merchants of the city? A. [donot think that an amount of that kind should have any great effect, By Mr. Hooper—Were you ever in the Clearing House? A, Never in my life, GOING TO DO SOMETHING WITH IT. But I always kept my own counsel, Q. It seeins remarkable that Mr. Palmer should have called in $700,000 on that day, never havin; hone so before. He gave us a reason that he feared these parties might not be able to respond, and when asked if he had ever had a default, he said he said he had‘ not? A. Mr. Palmer is very correct and very careful, If L should overdraw $600, I should get a note from him immediately to make my account good, I do not think he has an particular feeling for me, that he should call in money at the expense of the bank to help me, Mr. Meigs (at. the request of the committee)—Do yuu have knowledge of the points of time in the inonth or months in which the public deyartments drew their balances? A. | have no knowledge about those accou vr; mever paid any at- tention to them at all, Q. The fact is that there was a coincidence be- tween your deposit, and the lowest point. which they had reached for along time. On the 5th THEY HAD WAS THE SM was whetie Sth their account was likely{to be so low? A. have no knowledge whatever of it, and do not know who the heads of the department are. Ry Mr, Merrimam—Phrough whose influence did they make their deposits with that bank’ A, 1 suppose that TWEI " AND CONNOLLY 5 GRANT. Monster Administration Meet- ing at the Cooper Insti- tute Last Evening. PHILADELPHIA VS. CTNCINNATI. The Victor of Donelson Again Demanding an “Uncondi- tional Surrender.” THE OPPOSING FORCES REVIEWED. Will Fight It Out on This Line Should It Take All Summer. ed THE COALITION MOVEMENT DENOUNCED. The Washington Treaty the Great- est Achievement of Mod- ern Diplomacy. REDUCTION IN THE NATIONAL DEBT —— Commercial and Financial Confl- dence in the Administration of President Grant. pee ee THE INDIAN PEACE POLICY SUSTAINED, All the Acts of the Administration Re- viewed and Eulogized. EDO Speeches by Wm. E. Dodge, General Sick- brought. the there originally when they were in these d ents, esent directors who likely to retain it there? A, 1 dot_know. Q. Is Jay Gould a ny A. Yes, sit. By Mr. Meigs—Ar acquainted with James Martin, cashier of the Commercial Bank of Albany? A. I think L was once introduced to him. Q. Have you had any intercourse with that gen- Hamas, by letter or otherwisey A, Never in my like, Q. Task this question because there is a remark- able coincidence of a receipt of that Comm al Bank, on the 4th of April, of a balance in the hands of the ‘Tenth National Bank of $93,000, about that amount, with the other sums from the Tenth Na tional Bunk, aggregates $4,777,000. A. ‘That is the tirst Lever heard of the remittance at all. Q Do youremember about what part of the day you sent that notice to President Palmer that wished him to remain it the Bank? a. 1 think it was about two o'clock in the afternoon; it was certainly before the close of banking hours. {Q. And, therefore, if you sent word at two o'clock jt had no connection with his calling im his loans, which he igen did at eleven o'clock. A. No, sir; he could not have known aboutimy purpose at that time, because I sent a note to him much later; Ido not know why he did it, avd Idid not know that he had done it until some time afterwards, Q. Did you hear President Palmer, during his time, make any remarks in regard to anticipatt large drafts, against which he was fortifying li self by calling in his loans’ A. Ido not remember of hoaring him say so. Q. Did you hear anything bearing upon that idea ¥ A, [cannot remember anything of the kind. Q. Did he give any reason for calling them in and Jeaving only a very small balance unpaid’ A, I do not remember anything about it now; I know at the time I made the deposit I had little to say; 1 went in and left my deposit, and had no conversa- tion with him tl 5 to MY INTENTIONS IN REGARD TO THE MATTER. Mr. Hoop you say you had not muc! ation with him as a director of the bank? A. Very little. Lonly told Mr. Palmer that I wanted him to keep the bank strong. le would not be likely to be calling on you for ? A. No, i THE CATHOLIC UNION. would be on- advic Meeting of the New York Circle=Repo: of Committces—Specches by the Ar bishop and Other Eminent Divines. The first joint-meeting of the Council and Paro- Committees of the New York Circle of the holic Union was held last night in St. Francis Xavier's College, in Sixteenth street. The platform was occupied by a large number of distinguished divines, and the audience was a large and enthustastic one. Dr. Anderson | assumed the chair and called the meeting to order, after which the reports of the secretaries of the | les, Senators Wilson and Morton. ALANS inet ADDRESS, RESOLUTIONS, &C, There is cogent argument is numbers; there is more—magic, foree, power. The meeting last evening at Cooper Institute is well deserving its preliminary characterization—the People’s Great Grant meeting. The immense number gathered within its walls, filling every seat and aisle and re- motest standing room, and from densely thronged halls and vestibules and steps extending into @ compact mass outeide, was an argument expressive of popular endorsoment of President Grant's administration and determination at the next Presidential clection to extend to hima re- newal of his lease of power as the executive head of the government at once short, sharp and deci- sive, like his own military operations, It was a mass gathering of the business and working men of the city—the two classes being the deepest in- terested in securing an honest popular govern- ment, and through the continuance of President Grant in office preventing destruction in the future of the good already accomplished. It was, in short, a magnificent popular tribute to the govern- mental policy of the past three years that has so greatly enhanced our national honor at home and abroad, so greatly strengthened our national finances, so greatly reduced our public debt and so wonderfully relieved our taxpayers of their burdens. Its importance as a public demonstration was seen in the earnestness and intelligence marking the whole proceedings, and in the emphasis and good, patriotic sense of the speeches delivered. In these elements it was in striking n= trast with the Cincinnati meeting of the other night. At the meeting last evening there was manly straightforwardness of speech—a series of speeches whose basis of argument was the plain logic of events of the past three years of President Grant’s administration. Among the vast assemblage were occasional ladies and frequent policemen—a judicious combi- nation for the preservation of order at a political meeting, but whose presence or services in this re- gard were not wanting, as, excepting at the begin- ning of the President's speech, and then only for a moment, and occasional ejaculations of some mal- contents on the outskirts and groans and hisses for Horace re his name was various city branches of the Union were read. ‘The chief object of the organization is to render aid and | assistance to the Pope in his present dilemma, | caused by the action of the King of Italy, who has | occupied the Eternal City, and hoids the Pontitt vir- | tually a prisoner in the Vatican. The Union, though in | its infancy, seems to be thriving vigorously. It | numbers already several thousand members, and has been able to appropriate the sum of $2,000 | in gold fro: to be se ab an | offering to 8 IX, lecture to be given by Father in the Academy of Music on y 16, Was announced, . the net proceeds of which will be devoted to tie | same = purpose. When the official business | had been transacted the Rev. Father Bapste ad- dressed the meeting, and duly instructed hear- ort of the organization under whose oanners they had enrolled, He prophesied that the Union would become one of the inost poweriul and beneficial institutions of the Catholic Church. [thad been inspired by Heaven, and must be successint, Catholics were of no race, knew no country, for they were to be found everywhere, and it behooved them to maintain and suppor in great head of the thureh to which they 0’ allegiance, Orme Rev. Father Quin, of St. Peter's, spoke feel- ingly against the manner in which Victor Em- | ers in the p | manuel had treated the head of the Chureh, ind asserted that the Pontiff! — prineipally complained that his confinement in Rome was a great obstacle in the way of his performing | fis holy functions, When in’ Rome, two years azo, | i pelt scen the inhabitants of the Eternal city . eful and prosperous, and he was fully inced that they did not wish for a change from jastical government to that of regal tyranny. King of Italy was a dissolute and despot, who was taxing = the unnecessarily and who was trying to bag my | the power of our Mother Church. ‘The Right Reverend Bishop Lynch, of Charleston, spoke of the benefit which would acerue to the faith meccrally by the action of the Union—its mem- bers were al € The people ion, and if they stood shoulder to shoul their efforts — could not fail to be crowned with snecess. He said that it was specially appropriate for this country—this land of liberty, where there was an absence of anything like governmental infinence in religion—to endea- vor to resuscitate the Church, She had received a severe blow; but her sons should restore her to her home in the Eternal Ci and she should rise greater and more florins than ever, His Grace Archbishop McCloskey said that the chief inducement he had received to attend the meeting was his great desire to meet face to face the mem- bers of the committees of the Union. He was glad to hear such favorable reports of success; it was cheering to find such a warm and zealous and trne Catholic spirit of unison in the hearts of the people—such laudable, _ filial tion to the great Head of the Church, to the Holy Father was absolutely necet the welfare of the faith; Pius iX. must be at his rights in the See of Rome or there Aig A Mes dissolution. His Grace proceeded to state ~*~ it was a wonderfnl dispensation | of an i wise Providence to allow His ee P . persecuted—the Head of that Church—for pa} attention of those who were growing | frie in the service would be warmed and 4 uickened ie 4 new activity by seeing the danger In = ty cherished religion was Pages, wi 4 in ae ane i would rise triumphant. The learned Archty , p' remarks were warmly applauded, and after a bene- diction had been pronounced the audience dis- pereedy one mind and one heart in relig- | y wi mentioned, the utmost order prevailed di ing the entire continuance of the meeting. A good arrangement Was reserving the front seats for the ladies. Marked masculinity of mien, sach as one would naturally look for in ladies of peculiar political proclivities and ambitions of the rights of character some of the gentle but the most were of the ordi- type of women, whom a little holiness and extra womanly josity c nd hear the distinguished gentlemen who were to address the meeting had induced to attend, It is unnecessary to say that the vast hall was filled at an early hour. The doors were ‘The noise of the tumul- suilrage, auditors, nary opened at seven o*eloc tuous rash was that of a wildly rusi- ing tide, N an hour passed —be- fore the ak began. Meantime — the crowd continued to augment, the platform became filled with the political dignitaries assigned seats * é, and a braxs band on one side of the hall dis- coursed & medley of patriot also allowed to take not ‘The nutional emblem was the leading e! ornamentation, of course, draping the — pillars in front ¢ the age, covering the President's desk, hanging tn graceful festoons over the stage and in its rear, formed in shield shapes, and threwing its patriotic folds avout the busts of George Washington, Benjamin Franklin and Henry Clay. Back of the stage was the eyer-popular American insignia. Standing out in bold relief among this pa- triotic environment were various Grant mottoes, ws | they may be appropriately fo the following was given the place of honor in. the rear of tic centre Of the platform:— OL OOLOLELELELD TELE DELEROLOLEDEDDIEEDELEOE HELE LE 10D) o ; Reduction of the national debt under Unitedy 40, TOR. gStates Grant, 2 Reduction of a 3 2 Reduction of taxes, $$4,00 2 QLEILELOLEIELOEELEOETELI LOLOL ELE LEELA > Next to this ou the right was— PEELE ELE LOLOOOLELEOOEE DD SE DLOHOTELETEUIEEE b sass Redaction ; Of the Debt and Taxes. 3 | OOLODELOOLLE DE REDDLOLOLEDE DOPOLEIETELILE LETT IIDES | And further on the right President Grant's memora- ble words at Foxt Donelson :— neencenereeertsestserectnetest PIPETTE: “Tintend to move immediately on your works. onaeeneneenteceh ners ee POLERLOLLETELLETEDE EDO the left me that other memorable utter- of the President at the commencement of the a Closing campaign of the war: Peenenee et se cenennen’ pe nen tb at TCO PEEPPern + i “propose to fight it out on this line if it takes all summer,” pebennne rere te tt DACLEIELOUEMIELEDETONE ED iven EB, M, Stanton’s esti- f this was By the te esident Grant :— mate of the character of POUROOLOLOLESEDEDEDE DODOROLELEDILE DERE The thanks of this department and of the nov} ernment and of the people of the United States— the reverence and honor have beendeserved—will be rendered to you and the brave and gallant soldiers of our army for all time. eensere or ceasevesdcarevee avccenovsosenerevecesene®) Concluding the series were those sententious words whose utterance once on a time at Vicksburg carried with them such potent force: | nernneesere recess re reeecree: UNCONDITIONAL SURRENDER, POOLE OLED TEEEIOEE: nd At eight o'clock, while the roar of cannon ootsi’ lig the air, the gas is turned on with fil forces