Richmond palladium. [volume] (Richmond, IA [i.e. Ind.]) 1839-1854, 1844-02-23
HAMILTON THE AUTHOR OF THE SUB
TREASURYu

TREASURYM
Bv the following from the S,euben. lie Herald
it Wi. be seen that Alexander Hamilton firs, IN
iroduced and recommended the Sub-Tressury, 10
which Mr.. Van Buren, - SO devoted, and which
is about 10 be adopted by the present Congress
The Address Of the 9th of January. abuses Ham
ton wi thout stint, ii certainly was not for the
10 PRODUCTION Of this measure:
"Alexander Hamilton, Uds the orig indl inren
tor and proposer Of the Sub-1reasury scheme
which Van Buren, fastened upon the nation. and
for which mainly. he was kicked out Of the Pre-
sidency. Ia 1886, Van Buren's Secretary Of the
Treasury, recomme nded the scheme to Congress
by the decarai ion that 1T was urgently recon-
mended bv this department early as 1900
From 1880 10 1895 Alexande. Hamilton was Sc
cre,ary of the Treasury, and Of course was
the Secretary in 1890.
The following is the fourth section Of an act
entitled An Actto establish the Treasury De
partmenf,' passed The second Of September, 1850,
when Alexander Hamilton secretary Of the
Treasury:
"Sec. 4. And be it further enacted. That
il shall be the duty Of the TREASURER to receive
and KEEP the money Of the United States, and
to disburse the same SC. lie shall at all times
snbmi, to the Secretary Of the Treasury and the
Comptroller, either Of them, the inspection of
the monies in his hands,
The following is the ,nirtieth section Of the
same act:
Sec 80. And be it further enacted. That
the duties and fees TO DO collected by virtue of
this act shall be received in gold and silrer coin
ONLY"
"A, this time, TO wit. September 1880 tina,
rank old FederaIist, Alexander Hamilton,
Secretary OF the Treasury. The Sub Treasury.
with the SPECIE CLAUSE. originated with him;
and at the end Of fifty years, after having been
abandoned by Washington. Jefferson, Madison,
Monroe and Adams. and denounced by Jackson.
W. II.
Buren, walks in the footsteps Of that old Feder~
ais, Alexander Hamison!"
Hon. Henry Clay arrived at Na,chez. Miss }
IN the 29ih nit, 90 board the steamer Suliana,
from New Orleans. He was to remain 10 that
city and vicinity, only day or two, the cause Of
of his visi, being private business entirely, du.
ring which time he will, says the Courier receive
many hearty grasps Of the hand from numbers
whose warmth Of friendship il would be difficult
10 excel.
AMERICAN INGENUITY. 1t is stated in the A
mercan that Mr.. Thomas Winans. Of Bait, to.
ge,her with Mr.. Joseph Harrison, Of Philadelphia.
have secured the con,ract-,he largest Of the
kind ever made in the worId-for rnishng Lo-
como'ives aud burthen care for the railroad now
constructing 10 Russia, between ST. Petersburg
and Moscow. The Road will be about 400 miles
long. the number Of Locomotives to be built is
on hundred and sixty two, with tenders for each
and the number Of tur,hen cars is five thousand
tn, &c hundred together with duplicates of such
parts Of the machinery may require TO be
newed.
The cost will be upwards Of four millions Of
doaTs-ihe contract stpnatIng that the whole
is TO be manufactured in Russia, for which pur.
pose extensive facilities have been afforded, the
work hops being granted free Of rent, the pay Of
The work-men to be no higher than that which
they have been the habit Of receiving, and a
judlcous system Of police established to pro,ec,
The work. This is strong and gratifying evide nee
hat the talents and ingenuity of our coun,rymen
aye properly appreciated abroad.