Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1838-12-10

.cronp,n, documents, II vii be seen 'asi me
s.,ll, r.iayE4 ii the drJultiag officer II, aieeiy
e.L,,ieh thraur h0ut, dia1thta administration oilhe
aau,s intfnsfrd 10 his management II ho"f'ef'
nov, an,,afs that he commenced sbslr'cling tue pun
he MONEYS shorty after his appointment "nd comm
npd 10 do 81 Pr sess'ey increasing the amount ID
tho tenn ut neie lIsH seven years, embracing "iet1on
j,l, ,.,, ad dung which the pubic moneys "tfe
I.,.,.I IN re- Biuk Of tie / States. the Whole al
fine Sac bank pu-.ie y stem. aud concluding
onI, on his refinement oia Office after tli'i system
had substantially failed, N consequence Of the shsea-
SION of spcc.e payments. -
Thc way IA which thiS dedication WAS so long
concealed aud the steps taken 10 indemnity thf |.
States a, lr a5 practicable, agaGst loss, "l also be
pr,s,uicd 10 YOU. The case Is one which imperative.
/, ,luais tue attention OF Congress, aud l"fhl>hes
the strongest motive tot the establishment Of nor
severe and secure system tor the eaIrheep'ns ana
disbursement ol Tie public money than any that has
heretofore existed.
II seems proper. y, I'll events, ihat, by IN eally
cuIcimcu sfuntl to Iuat 81 olief countries tue up
i5Ieariou Of prbic money by N officer of tiofefh-
mcurto private uses, sluuli be made felony, ana
visited win severe aud Ignaminons punishment.
This j, already. effect, the lfw ~ respect 10 lie
ID mt aud has been productive 81 ne most saiaia1s
results. Whatever system IS adopted s"ch an Gu
otmcut would be wise AS an independent measure
sIucc much oil tie public moneys must ~ Their c"i-
lection and ultimate disbursement, pass inlec
through tie hands Of pubic Officers, IN whatever
manner thy ale Immediately tefi The Govern
II cul, It must be admitted. has bteu nom is cur
mtuccmcut comparatively fortunate ~ TINS respect
Bur the appointing power cannot always be wei al
psed in It, selections, aud the experience Of every
country has shown that pubic olhtrts are no al III
Omcs proof "a inst temptations i Is duIy' lhtif-
lOrc which tie GoyeInmout owes, aS wen 10 me IN
1ertsts committed 10 rs care Is 10 the occta tae
Selves to provide every guard against tran>Gte ssohs
If tins character that !, consistent with reason aud
humanity. Congress cannot be TOO jealous oil the
+ CONDUCT 81 those WHO are huaitu WIN 'Ic poode
money, and shall at all tue5 b. disposed 10 Gu
courage a Natthiul discharge 81 IhiH duiy. II
more dUtct cooperation on tie part OF congress III
the supervision oil The conduct ol ie once's entfus
ted with the custody and application OF the pubic
/ MONEY IL deemed desirable, II viii give me gieat
pleasure assist in the establishment OF any judi
olous and constitutional pin by which that otJeot
may be onpIisbed. You vii, IA your wisdom,
determine upon the propneiyo i adopting sueh
plau and upon the measure necessary to IT. eHectu-
al execution. When the late Bank OF the United
Slaes was incorporated, and made the depository
+ OF the public moneys, y right Vas reserved 10 Ion
sIess inspect al ITS pleasure By committees Of that
+ BODY, the books dhd the ltoteedigN ~ ue Dunk.
In one ot the States whose banking institutions
are supposed 10 rank amongst the first III point oil
stability, they are subjected 10 oonsten examination
/ by commissioners appointed iot that purpose, and
much Of the success of ITS banking system Is attrUu-
Ted to this wa1chtul supervision. The same conlse
has also, IN view at rs beneficial operation, been IL
dupicdby an III Joining State, tvoihhly known iet the
care II has ALWAYS brstuHcd upon whatever relates
to us financial concerns. | submit to your consd
Grafton whether committee ni Congress might lot
be rrotbly employed IN inspecting, AT such intervals
rs might be Gecmed proper, the Affairs aud accounts
oil oihccts entrusted with the custody OF the pubic
moneys The lftgucnt Performance OF this duty
! might he made obligatory on the committee in
respect 10 those officers who have large sums IN
lhtr possession and lett discretionary IN respect TO
| Others. Ihey might report the Executive such
deaICations found 10 exit, with view To a
prompt removal from Office, unless the default WAS
satisfactorily accounted tor and report, also to Con
gross, al the co nmcncement al each session, tn,
result OF their examuArious and proceedings. Il
does AZ pear that ith subeciIon OF tins class
OF pubc officers to the general SUPERVISION Of the
Executive, 10 examinations BY a committee of Con
grcss eil5 ds OF which the, should n.vr M pre-
va Is notice, ana to prosecution and punishment II,
Ton felony lol every breach nirne the safrkcepjnp OF
the public Inonrys under the system urnuosrd
m,pGl be l,red on suier iouudati on Than Ina, cy-
cr oc cupled sinee the establishment OF the Govern
manL
The Secretary of The Treasury viii Law before
YOU additional information cont a,,ip new drall an
this int,e,ijn1 subject 70 iI5e.. ask voure3,l IL
,,,,,,,,,, D., ;, ,,.,,ll -. -, ,i, - -, !
vcsity olopnion cannot be subject fsurv,ise. Al
ter the collection and custody al the uubl monr,
had been ior 50 many wears connected with and
made subsidiary TO- the advancement of n,iyae IN.
tcrcss "A fetuln to the stuple and self dom il . ,,li.
nanccs Of the Constitution roulJ not bul he ddcnlt
But time and fee ,I,,cusslon. f,,.,,c,e
Of the peop1e. and aided by tI,t concil,,,, s,,,,
. winch has t.ff char rie,il,, ib.,, ,,,,,' @
: cmcrgcncirs were relied unon for :, ,c,,,o -,
|,I,.,,.,,, - -