New-York daily tribune., 1846-12-29
The Snb-Treasury.

The snb-TreRsury.
The National 'Fiscallty so long the topic OF ex-
cited discussion under the name OF Independent or
Sub.Treasury, ia now the law of the land, and MS
such challenges the obedience OF every law abiding
citizen 1t has had a sort of dubious, shado~y cx
istence for the last six months sufficient 10 enable
the Assistant Treasurers and their subordinatcs
10 draw their salaries regularly earning them right
easily but from the close OF this present Gecem
Der the business takes on different aspect alto
eether. The 10Th and 10Th sections OF the act of
last Session provide as follows
blg dadbs farther enacted, That the first day OF
January in tho year 1917 and thereafter all duties taxes
snes oil public lands debts and sums oi money accrns
or becoming due 10 the United states and also all sums
due for p0stages otherwise TO the General Postocc
Department, SHALL DE r!lD IN GOLD AND SILVER GUN
ONLY.
800 dsdbe il further enacted That the first day oi
April le47 and thereafter every officer or agent engag
ed ia making disbursements account oil the United
States or OF the General Post Office shall MAKE all par
meais gold and sUer coin only; and any receiving or
disbursng officer or agent who shall neglect cvadc or
violate provisions OF this and the last preceding sec-
fon OF this act shall by the Secretary OF the Treasury
be Immediately reported TO the President oi the United
States with the facts OF such neglect evasion or viola
ton and also to Congress. II in session and II not in
session. at the commencement OF its session next after
the violation takes place.
These are very important and straightforward
provisions. They mako ths receipt OF Bank
Note or other Paper representative o Money by
any Collector Tor Duties Postmaster for Postage
an unlawful act, violation OF his oath OF office aud
an offence or misdemeanor for winch he is liable to
removal and we presume to still severer punish
ncnt. 1t is the duty OF every good citizen to oh
seve and report any violation Of these provisions
oil Law. Whatever may be opinions OF the
L.. l., lo,,
all under obligations to treat 1t with respect
and obedience. Whoever, therefore, shall be
tempted to rail nt any officer al the Government
because he refuses TO receive unexccptionable Bank
Paper in payment for Public Lands, Customs or
Postage, will be guilty of gross injustice The Off
Ger hns no choice but to execute the law the citi
zen no right to expect or demand OF him any dill
ferent course Our right OF appeal to Congress, to
the Ballot.Box. is perfect and unquestioned: but
while the law exists we are all bound to obey 1t
and Justify tho ministers Of the law in strictly en-
forcing it.
We are confident that we do not speak Ill OF this
law from blind prejudice or party passion We
have endeavored to regard it only the light OF It's
intrinsic ,Terlts or dcmcrits and we feel very
that it cannot be faithfully executed without pro
duClng CeNcrA lnCOnN culenCt anu dlliON HiNc W q
believe 1t will farther tcndto produce the most seri
Gus commissions and mischleis but We will not here
indicate them. When the evil day shall come. let
it not be fairly said that it has in any manner been
produced or hastcncd by panic making. Let us
who have batted thoroughly against this scheme
be foremost to give it and to insist that 1t shall
have fair trial Iii; prove the excellent coutr
vance its advocates have vauntcd 1t, we shall share
IN the blessings 1t brings salaries excepted; It 1t
prove the absurd aud perncious device that ICE
have always esteemed it, let the public mind be
in condition to recognize and actupon the demon
straticn Everything is to be gained, nothing can
be lost, by having the operation othis financial ex-
pedient regarded with general calmncss and grave,
impartial scrutiny.
We hear that Mr. Secretary Walker has given
orders to the Bank OF America TO pay as usual the
interest accruiuc the Public Debt on the lst Q.
Januafy, probably the day beforehand In order to
evadc direct violation OF the law that this
heavy payment will be made in Bank rags rs
usual or as Mr., Van Barcns Extraordinary Mes
sage phrased it, mere rights OF ac,ion aeains, a
Corporation So MIR. Sub Treasurer Bouck and has
clerks escape New Years job Of lingering and
counting which We had hoped would be vouchsaied
them Next GENES AN urgent recommendation
from the Secretary that the law itself be modified
or amended--in what particular. we do no, now
recoec,, but we can easily guess to what effect,
His aim is undoubtedly to get MS Treasury shin.
passers legally reeosnizcd as Specie and So allow
them to be hustled back and FORWARD, as the Cur
rency tho Govornmcnt. Such xplsin subversion
Of the very objec, and essence OF the law-whch
was the a-rayns all the Influence OF the Govern
ment on the side OF the circulation OF Specie and
no, merely the substitution OF its own irredeeaablc
paper for readily convertible Bank notes-wi!l
hardly be SLOWED to pass withou: comment Nav .
the public will ASH why It is tina; there is already
need Of smendins measure which has hcen dis.
cussed and rediscussed throughout the last ten
years--which took the form o law IN 1910, snd has
Just been rcenacted after iul considerations in view
OF all the light cast upon it by some months expe,
rience under the old Van Buren, act. What is the
thu, the Thinkers can never sc: done tinker.
ing their bantlins How do they expect 10 satisfy
the People with 1t when they cSnnot even satisfy
themselves These questions time will answer,
II 7Re Fo,ee ei the Paop,e. Delhi, Delaware
county. most empha,cally cop,rss;c,s the state.
mehI =" 'hs 'o"rnst OF Commerce on the wori of
aDeiawaFc correspondent, that the Ant; Renters
Of that coan'y - say they will pay no moro Rent"
The Editor says;
No AntiRenser in this county hss said ira, :. ,,,
paw no uno-e stteS the prisoners ara pa~So, nv ~
Nor has any Anti Renter IL any other WV ,nsn;s.;
any intention 70 ress; the laws The .n.orman, ~,
journal knew this well when he thus s-sdrceS sn
slapderedus
r. HrRDSMgN AND TiLLERs or THE GSouNn !:
By Mrs Percy Sinnett- Wiley & Punau, New.Yosk a
beautiful little work illustrated with colc-ed plates;
tended form descriptive history of :hc Prosress OF
T;,i, ,,to, ,rh s,r;os NJ ss,chas oE ,ho life Of rr,as