Richmond daily Whig. [volume] (Richmond, Va.) 1842-1861, 1846-08-28
The Suh-TrcasurN.

The Washington Union contradics the statement made
by the Alexandra Gazette the authority OF Madam
Rumor which adveried yesterday, that tho Secre-
tary of the Treasury had authorized and directed the
Rotary OF the Senate and tho Clerk of the House OF Re-
representatives. depose the public moneys their hands
in the Bank OF Washington. These officers
ached to the Treasury Department, subject the
der of the Secretary. All the official subordinatcs of
the Treasury in this city (says the Union,) well the
collector Baltimore have been directed by the Secre
ary OF the Treasury, by written instructions, make
their depos,es with the Treasurer OF tho u State Mr.
Selden."
The Union also contain, Treasury Circular, address
cd to Collectors, Receivers. Disbursng Agents. &c max
ing certain regulations with view Of preventing treasury
drafts becoming currency And tho Secretary
i, issuing Of the denomination Of 500 and $50
the very method OF neuaizing his regulations
All practical men to in the opinion that the
provisions of the law be executed especially the
present condition Of the finances OF the country The
following letter the New York Herald refers a few
OF its defects and shows something OF the loose and
less in which prepared and the absence of
all deliberations in its IL party issue,
aud therefore, like the Tariff passed into law, without
rejecting caring what might be the difficulties in the
way of its execution and regardless of Its penieous in
fuence upon the business OF the country
"wAsHSoTSS Aug. %, 1916.
The the provide for the better organization
OF the Treasury and for the collection trans
fer and disbursement of the public revenue" examined
the difficulty OF putting into effective operation becomes
apparent. A gentleman connected with the Trea.
sury, complains that IL bunglng piece Of legislation
and expresses fears that il will not, without amendment
answer the purposes designed.
The bill provides place OF deposte for discussing
hcers except their pockets and this will be a serious
inconyen ience, and without remedy.
AL The Treasury Department desired n few Offices,
TO transact such business is performed by the
pose banks, and which prosid in the law
On and after the first day OF January next payment Of
public dues gold and silver coin only aud Treasury notes
can be received
Notes OF speciepaying banks are and will be received
pOst-oice, until the first day Of January but If
for instance postage only four dollars and
ninety five cents, the postmaster will take FIVE
dollar bill and give halfdme in change because this
would constitute exchange OF funds" not allowed by
the act ! and II would be declared felony
According TO sct construction, after this year If 90
TO the poet office TO for newspaper postage or
two cents the clerk cannot receive the "copper"
gold and silver and Treasury notes only ca then be re-
eeived II will depend the Department TO give the act
common-sense Interpretation. and allow pennie. 10 be
received for hostages. The post office recognizes
cents for the Of papers and and those
nected wths branch of the public service take an oath
to support the laws OF the post office department How
the Inhibition TO exchange OF funds be avoided
is for the Treasury Department to determine.
Ii will require at least month frame regulations for
carrying the law into effect. Every section has already
been dssected, and the Inconsistencies exposed. Mr.
Dromgooe, who brought forwar the BILL little con-
sdeTAton. IL sufficient for him that il originally came
from Senator Sas Wright. The officers OF the Treasury
were not consulted The Senate refused amend IT, as
Mr.. Lewis desired and hence have than
none at all Many who voted for the bill did So because
they considered themselves pledged the measure and
they will be pleased learn that cannot be put into per
feet operation"