New-York daily tribune., 1842-11-02
c,. snb-T7easury.

! No, aur readers must be well aware that those
,,ho we're Defaulters in 1888 did not become so
under law passed in 1910. 1t needs no special
| pleader to tell them that. But the Post under
stands this question better than it would have us
believe, The vital question at issue in the Sub
Treasury discussion is the comparative safety Of
Banks and individualS as repositories Of the
Public Money. The Wings believe that the Pub
lie Treasure canbs mere safely kept and disbursed
through the medium of the best Banking Institu-
tioHs (especiallya National one) than through in
dividual agents. In support of this position, we
point to uniform experience of forty years durHg
which -Four Hundred Millions were collected
and disbursed through National Bank, and not
one farthng of it lost TO the Government So in
England, where thousands of millions have been
similarly collected, and not the first penny of it
distracted.
Now in contrast with this we place the long
ist of ind5ridpol agents who have proved faith
less and unsafe under the direction and eye of the
very men who are crowaing this Sub-Treasury
upoa Us. We point to the cases OF Swartwout,
Price, and hundreds CT others, where Millions
have been lost to the People, before the Sub-Trea-
sury lar was passed, but under the ,Su6-Trea-
| sury principle. The Deposite System, which the
| Wigs advocate, requires that all obligations or
evidences of Indebtedness TO the Government shall
be placed in the Depesite Bank, that payment
| shall be made there, and the money drawn thence
only by virtue of legal warrant from the proper
| officers Of the Treasury. Under this system the
| Revenue Officers of the Government will not alb
s,ract the Public Money, simply because they are
not allowed to touch any but their own pay. 1t is
| possible, indeed, to select proAgate and rotten
Banks, as was done in 1876; but there is no
| necessity of doing so and it is easy always to
,btain ample security. From National Bank all
experience shows that is needed. But if
YOU set all Revenue Officers to collecting the Pub
ic Money, you may be very certain that some of
it will stick to their pockets. The trouble is not
| much that the Sub-Treasury vaults leaky,
as that it is difficult to get all the Public Money
| into them. The Sub-Jreasury locks the stable
close enough but leaves tie steed on the outside
and the Sub-Trcasurer spurring him off for Texas.
And, by the way, the Post is grevously mis-
raken in supposing that Mr.. Mcqueen, the Van
Buren Postmaster at New-Orleuns, was the only
iefaulter after the Sub-Treasury Act was pass
ID. Has it forgotten the case of Jesse Hoyt?
Surely, there some cause for the virtuoas in
iigraton with which Mr.. Van Buren hurled lam
rom Office! What it was, we shall be able to
tate without danger of libe-suit as soon as our
District Attorney shall have been able to bring
aim to trial and to obtain udgement for the amount
# Revenue collected by him and not paid into the
SUBJ Treasury Does not his case teach our neigh
Dor where there is a screw loose-radically so-in
he Sub-Treasury system? He, certainly wus not
favored by that proximity to Texas which the Post
| links SO mischievous in the New-Oreans instance
The fearful penalties of the b-Treasury Act ap.
pear to have had no terrors for him.
The Post is mistaken generally as TO the defa-
cations under this act. There have been many as
shall take occasion to show. But why does
the Post, which thinks the LocoFoco plan so ex-
cellent for the Federal Government, never advo-
cate its adoption by the State and Cay' What
reason can there be for making fish of one and
flesh of the other?
GEoRG1A.--The full official vote for Members
of Congress in the several Counties of this State
are as follows:
Rich W Ts Tb1ss ris; ss MARX 4 cssoff ss
r wright: ss as Gable 9sa 9sa
aS;aa@ asa15a H H Gas chsepe Edwssd
\ H. kenun 1887 BrL Harrison les
'Thos Butler King 81 s22 John Lumpkin s5ISz ns
Members of the present House.
Average Loco majority 2,eo4 Mr. Haherham IS beaten
by l,5lS
% The Loco-Foco majority last year was 4,l06:
Whig gain since then, 1882. HARRY CLAY gets
the vote in 1914. The LocoFocos have neoc1'
oolled so high a vote in the State as the Wings
gave to Gen. Harrison.
he QUESTION SgrrLEp-Mr. ]. Stanley
ir,r es has recently been lecturing upon Phre-
.,,logy at Burlington, VI. He excels in the su-
norous style, and hi. lectures furnished 10 litte
snterra nment. We observe in late paper no
tice of meeting of citizens at which it
| unanimously
Resoiped, That in eur judgement, the science OF Phre
nology IS sufficiently understood and established to Obtain
implicit belief, and that benefits and importance
serve OF The community It's united support"
So it seems the question is fully settled; and
wo, hereafter TO dsbelevers What glorious
inventions these primary assemblies Of the Peo,
pie are likely TO prove Had they been fashona-
sle in their day, Calico, Newton, Bacon mighr
have established the truth of the discoveries they
made by much shorter process than they actually
pursued. In our nineteenth century. when we
wish to know if any science be true, We have
only to call meeting and ask the majority. Is
not thi. burlesque somewhat TOO broad for sober
men,
~ ROBERT G. RANKIN of Fishkill is the