Congressional Serial Set

be necessary to enforce a collection or to bring suit against a delinquent debtor of the bank. Several expert accountants, however, are transferred from one receivership to another as their services may be required.

Your attention is invited to the fact that the reports submitted by receivers in regard to employees, as required for publication in the official register, show only the names of those actually employed on the date of the report. Receivers immediately upon taking charge of a failed bank employ temporarily a part of the clerical force at work for the bank prior to suspension. While the names and compensation of such temporary clerks, etc., appear in the information compiled for the Senate, there is no record on file from which the additional information can be compiled.

Replying to section 3 of the resolution, in making appointments of national bank examiners, receivers, or special employees, the Department is not governed by the rules established by the Civil Service Commission to determine the qualifications of applicants, as these positions are not within the classified service; but such appointments are made at the discretion of the Comptroller of the Currency, with the exception that national bank examiners are appointed by the Comptroller, with the approval of the Secretary of the Treasury. Answering section 4 of the resolution, bank examiners have been appointed from time to time without being assigned to any regular district or territory. A list of such unassigned examiners is submitted herewith, showing the date of the appointment of each, State from which appointed, and the compensation paid as far as can be determined by the records of this office. Examiners of this class appointed in 1893 as a rule were placed in charge of one or more of the eighty-seven banks which temporarily suspended during that year but subsequently resumed business. The compensation of these examiners was paid by the bank at the time of resumption, and there is no record in this office of the amount of such compensation.

Replying to section 5 of the resolution, there are no set rules for fixing the compensation of receivers, attorneys, or special employees of insolvent national banks. The salary of a receiver is determined by the amount and character of the assets of the failed bank, and the compensation of an attorney is generally fixed by the amount of service and litigation involved. The clerks employed by receivers are allowed the usual salaries paid for clerical assistance of the character rendered. The fixing of these various compensations is within the discretion of the Comptroller of the Currency.

The PRESIDENT OF THE SENATE.

GEO. B. CORTELYOU,
Secretary of the Treasury.

Names of national bank examiners, appointed since January 1, 1893, not assigned to a permanent district, all of whom are no longer in the service, except those indicated thus (*)."

Abry, E. A.

Adams, Frank.

Adams, Louis B.

Adams, Fred. W.

Aldrich, J. Frank.

Brown, J. Sam...

*Brown, Edwin F.

Bollow, William..

Buxton, John C..

Crawford, M. L..

*Currey Arthur L.

Dawes, B. G.

Doolittle, J. A..

Dyar, W. W

Dyer, Chas. A.

*Earling, Peter R.

*Elliott, Milton C.

Ferris, W. W

Fitch, Henry S.

Foster, Joel W.

Number of national banking associations, with their capital stock, that have been placed in charge of receivers since January 1, 1893, together with (1) the names of the receivers, their attorneys, and special employees; States from which appointed, and amount of compensation paid to receivers, attorneys, and employees as shown by the quarterly reports of the receivers to the Comptroller of the Currency; (2) also amount paid to creditors of each insolvent national bank in dividends on claims proved, offsets, and loans paid; amount returned to shareholders in cash and assets; amount of assessment upon shareholders and amount collected from the assessment.

[Compensation of receivers, attorneys, and other employees, as indicated, covers salaries paid them during entire period of the receivership.]