Mr. GRIMES. Then why not proceed one step further and provide that moue' belonging to the U.S. in NewYork city, instead of bein deposited on the corner of Wall street an Broadwa, in the 1st National Bank, as, I think have learned, several millions not long ago were deposited, shall be deposited in the sub Treasury, about one block further down Wall street? Is it any very great inconvenience to the collector to deosit there? Is it an inconvenience to the public? Will not the public regard themselves as a little safer in having the money deposrted there in the sub Treasury than in the bank? Does not the Senator know that the result of deositing in the banks is to cause that very ination which the SecyIreasury says he is attempting to curb and check In every way? These deposits when they are put in the banks are used for the purpose of making discounts upon, and expanding the volume of the currency; and yet t 9' SecyTreasury is constantly crying out that he is attempting to curtail the currency and to our tail this expansion, and he instructs the Senfrom Ohio to come down here and say that he is opposed to enforcing the provisions of the old sub Treasury law, which required all the public money to be deposited in the sub Treasury. I do not know how many more explosions we shall have similar to that which occurred right under our eyes here in Washington; but I predict that they will be numer ous if we do not put some restraint upon these deposits. I do not know, for I have not taken the trouble to investigate it I did not know this bill was coming up, until yesterday, or I should have done so butl am told that millions at a time have been deposited just across from the sub Treasury in one of the national banks, the deposits of which were wort to the men who owned the bank four%., and who were willing to pay it, or other parties were willing to pay it for them. I think this thing out to be checked. I do not an pose that my amendment will be adopted, liut I want to have a vote upon it.