Wheeling times and advertiser. [volume] (Wheeling, Va. [W. Va.]) 1839-1849, 1841-01-12

81 Representatives from Ohir. n coy Of a corrsspor-
d nee tween NJ Secsoury Woodbury. and the Trca.
sares OF lb' l tied : a'es, diel January. 1910. HIr.
> d'n IA reply t. Mr.. Woodbury. Acknowledges his
IN rance upon ta~ sueJeet O. the operation of,he sat
Treasury and calls upon his fist clerk, Mt Randolph.
10 ho" how The rhcn pr-uedta,od sut-,reasay
would operate. To show VITA, ere the % mons Of
an experienced 6uaucier OF the in,ricacy oil accounts
and The g~lo.ioIs uncertainty under tins bill. We copy
tie Whole OF Mr. Rim lol lh's l, O.. Who will SAY
'ais labor Great n BIZ shoJ!j not be repealed
Remarks HDoa ne g,Gc,isal eyerIfioa Of a, Ind,
PrHecat Treasury Bal.
The LIT sestion of the ball declares thu, the "rooms.
wants. and safss," Ia The new Treasury building.
siHl h""'hc Treasury of the United Siaie,," aud the
I'm SEXTON provides shaIal ~ moneys in the hands Of
Tue dcpoatzsics shall he held. I'm the same manner
a. though The said moneys were actually in the Trva.
sdFy OF the United States" Hence 4 is =, ideut tina,
practically, the Treasury OF the United States must
be cO-eNiensive with the number and location OF the
uelN~taFies; and the great hooks uf receipts and eIpcn.
diiures (he teoA Hioai Treasury of the United States
aust he made mp of accounts with all the several
dcpo-l'nrie Now, the vouchers tor making entries
uioh these great books Of receipts and expenditure,
ara PIE e"oed IA the acts . ganizing tho Treasury DE
p ,rmeut.
The 9TH section Of the act of2J September. l7oS.
dtc!ar's that "ail receipts for moneys received low him
the Treasurer shall be upon warrants signed by the
Secretary OF the Treasury; wiiholt which warrant ~
> gned, no acknowl ~edgement for money received inin
the pubic Treasury snail DO valid" This provision
~ necessary, because a debtor To The Gov emmenl
must no he'd TO account for his debt; the amount Of
which, To be aseerained and approved by account.
ins oflccrs, who cannot allow Credit for payment but
on Tie receipt Of tho Treasurer; nho. thorcupon. be-
Comes debtor on The great book OF receipts.
n collector. receiver. OF postmaster, cannot change
has character Ui debtor 10 The Government for public
I fnlnrNk ~ HnU tttfn hFa kunfz .n .n.I NJ -..--.
{ ui dcposiiarY. lilo must. rs heretpfore, settle an &C.
count with the proper officers for his transactions M
hs or SuIal capacity aud. until such settlement is
made, It rauitot be known exactly how much he
should ss held responsible for as a d.poSi;ay; lhen.
u! necessity, the amounts which a deposiiary Iaay re.
port 10 The Treasurer as having been received from
himself, in his other capacity, must be nor. or les
SUBJECT 10 alteralloa, on The settlement of his accounts
IA that other capacity. But the amounts received aud
rePorieG 10 the Treasurer a, held subject to his order
being held ~ If they were actually aid ia tie Trcasu.
Try u WIZ be EccessiIy for the dep Stay TO keep a
separate account. as such, with the Treas Irer; and Inc
amounts 80 repDred. though retained until drawn lo-.
mas be rcseIpicd tor 10y the Treasurer on the warrant
dsisnaiCd by the act OF 1882 that the deposiiary, i'm
at cspaci'Y Of collector. Or Other. may obtain credit
NHh The proper uiiirvis g n AIS account in that ca pncitv.
Oi course, n will be necessary for the Treasurer To
AecP an account with each dcpeSitaru aud these nc.
counis VIII be liable, rs belore stated, To changes
consequent upon errors which Ray lac discovered in
selling The otser accounts OF receipts. Again: the
Ireasuturs accounts win the depDs!tarieS being for
cnrEeHt TRANSACTIONS, ropJr. q fUm timc to time -
ihcy occur VIII be complete when The last rctlrn Tor
4 quarter II reoeivodi ,snd the am 'uhj apparently in
Inc treasury ln the hands of any depositafv, thcrcsp-
1a immediately sscertainedi VIII reas the true amount
Which Sho,tf be there, cannot be known TIL long nf
'cs"-rSs- On the adjustment vi hs account. As dis
crepancies are very likely TO occur-or, rather, as .r.
rors Ia the calculations Of amounts due 10 the Gov.
eH'll"ht i"r imporiaIions. oHstage, DC, will. no doubt,
frequently occult would he unsafe Ia issue war.
rants ior covering, into the Treasury. re ported amounts
nAtl The actual amounts should be asccriained. As
any rate, tins circumstance OF probable differences
would create delay and interruption TO a regular
course OF proceeding; without which, no business.
much less 50 extensively a one, can DC conducted ELI.
cient!y anu promptly.
The preceding remarks have been made, mainly,
10 SHOW that the principles Of accognling cannot 10
changed by Legislation, or b. the q telati1n or i'd ton
Of official station 10 parties.
! presume vi is the Intention olihc lay. Though in
'ny Jndgmeni u Is not - clearly eIpressedJ that the
iunds OF The Treasury and Post OH c DEPARTMENT,
shall Ice kept separate Cud dIsIiuct from each other
ihFough"uli That ihe head ofone department, shall no,
iiierie!e IN any manner with the control and man.
ageHseni OF the funds sf the other. though the Treasu
Ter ahd subordinate cflscrsoi each department NAV
Dc used ny the ehieI ofethcr. al hrs pleasure. IN car.
ylng o. the fiscal operations OF his peculiar Gepar
m+"' Tue treasury Of Inc United States, then
ihoIgh one ~ is denomination. must be two, separate
"ni distinct. m It's operations; consequently the Tr-a-
surcT musI a. ia dJIbie capacity, and keep two set.
Of accounts. and also two parcels Ir the money which
may actually come into ht hands; otherwise he could
scarcely nyOid confusion. Nevertheless, I presume
That the principle contained in the An section of IN,
act ol 1872 Will be applied ~ payments into ihc
Irc1snry GA account OF The Post Office Der7rtmcnt
as well a. 10 oher payments The Postmaster Genera
taxing the place Of The Secretary, n issuer e va
"a rs, and s'me one or NOR, in that Ge .nrtmcnt Keen
ing the great book Of receipts anI expenditure.
The bill under eonsdcration makes every collector
keAc'pt ScveHD sveTy receiver OF pulLc mo 81 a
and offices, teAcepi tSo) and every deputy posimas
Ter (excePI nlhel u depositsry Of public money: e1
seeding thirteen thousand.
BY the 9Th section Of the biIl. these deposirnries or,
required 10 Keep. safely. and without lUaning or -
sing al the public money collected by them, or other
wise at ans time placed in heir possession or custody
ui inc same 1. ordered by The proper departme {
or oi!iscT vi the Government, 10 be transferred or maid
OUT aud, by the llh ,ectiOn, that the monoys N
The hands. &C.. OF any oi the Jcyositaries, shall b.
considered and held az Deposited 10 the credit Of the
Treasurer Of the United States, and shall, al all times
Joe si'gect To his dn't. whether made tor transfer OF
disbursement" &c.
The intention. then, Is evident, 10 have paid into n,
Treasury the entire gross revenue. without previously
dedu"t'ng' as now, The expense OF collection. IL viii
De' then, necessary e. pay these expenses OF collection
by warrants on the Treasury; cor which appropriation
accounts mus! DO kept IL will be necessary, then
'N0'""'s Wii'ech 'hou4liu warrants each
qhlrter io cover moneys into the Treasury, and
great number for paying moneys out. for Gis objee
aiaHc.
Taai tho effect Vf the provisions contained in Ia.
oil may be better understood, proceed 10 detail the
operations necessary 10 carry them out. FIRST. let M
take ihe case Of enc 81 The least important deposiiariei
-"ne whose entire receipts not equal To his curnu
expenses % COLLECTION. le must render TO the pr,pe
AUDITOR on account, ~ deiail. Of all the sources or %
'Jecis from Which the items Or his receipts are deriv
ed, at The conclusion Of each quarter. TINS aocoun
must De examined and reported on. and the report co
pied OF recorded by tho auditor.
In the Treasury apartment. Tho account must D.,
revised anJ The ferost coD6upel, or al.oN I'd. and 70
g'tefcd by the Comptroller o. then passes 10 tho Re
gisicf, 10 be entered aDd hlod away AZ evidence o
debt doc by The party, which cun only be satisfied b.,
the receipt Of The Treasurer for the amogut ylri int,