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GAGE AND THE BANESSecretary Of Treasury AnswersSenate's Inquiry.REPgjY ▲ SERIES OF DEHIAL8Go« Into HI* DMllmc* WithBank Of WvwAaA 9t«aAftr4 Oil Company.W junHnrorou, Jan. 28.—In aeaponW to the Sana-:'* resolution of January 28 calling for farther Information as to the dealings of tb* Secretary of the Treasury with offl-oials of the National City Bank of NewYork, Mr. Gage today complied.He Quotes In full tht Senate reeolutlon, and *4ds that it might be* considered as fully answered by Uls communicationJanuary 10 In reply to the Senate’s resolution of inquiry on the same subject.He adda, however, that he will endeavor to supply whatever may have beeh lacking J in his first answer. SriVsnoJnThe Secretary takes up the Sennte lutlua of January 23 by paragraphs.To the demand for all letters or the substance df any conversation relative to any agreement the Secretary may have had with A. B. Hepourn, of the National City Bank of New York, In reply to the latter'a famous letter of June 5, Mr. Gage aaya:▲ carefsl March of the department filts does not abow ear answer to the letter of A. B. Hepburn, written b? him to me, dated June 5, LS9T. nor do I belieee that any answer ever was made to said letter. Neither do I recall any ooo re .-action bed with A ft Hepburn in reply to suoh letter, Nor was there, at mat time nor now, any efrecmcut made or expectation of an ay .-cornea t to be made by the Secretary of the Treasury or any i tbs officer* of the treasury Department with any person ox per-*on« with reference to the subject-matter of said letter of A. B. Hepburn.No Helailom With Bank.Te the demand for all oommunlcationk between the Treasury Department and the National City Bank from June 5 to October 27, Inclusive, Mr. Gage replies:It doee not appear from any record of the Treasury department, nor is it within tht recollection of the )ietr«tary of the Treasury, that the department or say of its officer* bad any relations, either official or private, with the National City Bank of New York within th* period ipccied, so that there are su letters, communications, aareanients, paper* and documents in the possession of the department which passed between the Treasury Department andthe National City Bank within that period.The Secretary calls attention to the necessity which arose In October, 1887, of disposing of the $68.448,223 realised from tb* settlement of the Pacific railway debt without: drawing this money out of active channels and thus precipitating a financial disturbance. He refers to his letter to A. B. Hepburn, printed In full In his first reply, in which he told Mr. Hepburn that 11. W. Cannon, of the Chase National Bank, had already been requested to ascertain how many banks would quality as depositories to receive a portion of the 180 (tOO,-00Q of the rAUway fund which was to betoodisbursed In the redemptfba of Government sixes about January L The Secretary«d As:
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