The Currency

The report of Hon. John J. Knox, ! Ier of the Curreucy, is an elaliorate document. I The Comptroller ontere into a vigoróos defense of the natioual bauks, aud protesta with j meneo against any disturbaneo of tliat system of banking. He espeeially discusses tho propoi-itiou to substituto Troaoury notea for the bank eurreucy, claiming that such a chango would prove injuriöns to the Govornmeut and the country. Tho Comptroller states that the whole mimber of State bauks, privuto banken, aavinga and national banks, is 6,460, of whieh 3,70-' aro State and private banks; savings : bank, with capital, :; without capital, 868; I and national Banks, 2,056. The State, private, I and savings banks are geographieally fooated, and thüir nnmlier, capital and deposite, are ! giveu, oh followa, omitting fractions of millïous: LooaHon. Xr. Capital. Depiwtx New Eiifjland 5.r (ll.i 00.(K)0 $443.lKHJ.UU0 MicWIe Statcs 1,826 77,000,000 5-tllMK'WO Southern tates... 620 35.000,000 47.100.000 Western Staten and Territoriea 1.990 81.C0Ü.000 22S.('00,HOO Total 4.-1CU $305.000.000 tl, 242.000.000 Tlio number of national bauka, etc. , are tima atated: Lomlion. Ko. Capital. Deposite, New EiiKland M2 (ÏSS.OOO.O'O JliS.OOO.MKI Ulddle Btatea IW4 17".U(K).(KK) 8T4.0ñO.OOI) Bovithorn States... 176 31,000,000 35,000.000 Western States and Territorios 70-1 95.000,000 137.00fl.0C0' Totals 8,066 $470.000,000 J077.000.000 ■ The total banking business is tlmn ilintributed - the figures reprosouting all the banks: i toaxtion, Kn. Capital. BfposUt, New England l.tnff J177.iIKI.(K'O JS51 .000.000 UiddleiStatee 1,900 S5-l.O0U.0OO is.ikhi.wio i Southern Ktatea 6M6 U7,UO0.OO0 88,000,0w1 Western States aud Territories 2,"a3 17fi,0OO,0O0 305,000.000 Totalfl B.-I5Ü $076,000,000 $1,020,000,000 AOOOrding to the Comptroller"s roport, the Hiirplus earnings of tho national banks steadQr inoreased every ix montha until June, 1875, wl.en tbcy aggregated 8138,COO,000. Siuco then ! tlio decline has been as regular, andit now does I notexrei.il 1118,000,000. Tho current opinions' j as to tho protits of tluwj banks are, tho Comp; trollor statfB, groatly exaggerated. The State i tax paid by the national bftnks for thefonryears 1874-17 was 28,B5%274. and tho national tax %909,484, or a total of 166,671,798, The failnreg of the national banks during tho yoar were sixty-nine, and tlio loss to depositors and stockholdëra (6,415,422, The report discusses at great length the prac, ticability of the resumptiou of specie paymonts.