The daily union. [volume] (Washington [D.C.]) 1845-1857, 1848-12-12
CITY OF WASHINGTON.
TUESDAY MORNING, DEC. Ia, is4s.


The Report OF the Secretary the Treasury.
We commend this great document to the careful peru
sal of our readers 1t will be found fully to sustain the
unsurpassed reputation OF that series of papers emanang
from the Treasury Department. under Mr. Walkers ad
mnisation OF it, which have already done much for
the cause of liberal commercial policy among the most
enlightened nations OF Europe; and which will we doubt
not IN connexion with our experience OF the dement's OF
the system, be found in due time 10 have fixed and sell
tied the convictions of our country in its favor
The showing made in the report OF the state of our
finances at the close OF expensive war, is most au
honatlve practical commentary upon the working OF the
present tariff and the constitutional treasury, and mere
than Jusuhes in regard TO the revenue all that
hcpaed or predicted from them by their trainers and
friends Our readers will mark the force of Mr.. Walkers
augmentation against the whole theory of taxing the
people IN order thereby to protect their labor We
not too warmly commend this portion of the report 1t
is perhaps unsurpassed in the whole range of political
economy.
The view which the report takes also of the CONNER
cal importance OF our recent acquisitions, and the sug
gesons made for the due development and grasp of
their great resources, fitted to attract strongly the
public attention.
Without attempting to enumerae all the important top
les discussed in tho report refer to the views present
ed in favor of the establishment of branch mint in the
city of New York in relation TO the public debt past and
present. and its prompt payment; the progress of the
coast survey; the grants of land for purposes of educa
ton in Oregon and the proposed reorganization of the
Treasury Department to meet the constant and necessary
augmentation of its already and multifaous duties.
The whole document indeed, of the highest public
interest, and cannot be read without mpressng upon
every mind the extent and importance of the opera
tons of the Treasury Department and the signal ability
with which the Secretary has conducted them and de-
veoped their true bearings the prosperity OF the
try.
1t occupies large portion of this mornings Union and
could not be better occupied But, really have
space for elaborate article to-day, and no time
either to do full justice the variety and value of the
suggestions which contains, must to
other opportunity more extended analysis of the
report 1t forms the capsone of the arch--it is
the capital of the column of the Secretary's fame.
He has thrown his whole strength into the work.
which surpasses all his former productions. 1t is
realizing all the predictions of the prophet 1t con-
firms all the specuatons of the phlosophic statesman
is wreath around the brow of the present admin
istraon, which is not likely to fade 1t is another and
brilliant evidence OF the good fortune and of the great sa
gaciy of the who has called so many distinguished
men around him to assist in administering the govern
men The prejudice of the wing party is fast melting
away under the influence of their achievements and the
power of their principles Posterity will certainly do
justice to administration thus conducted, and cab-
net thus constituted AS for the Secretary of the Treas
uy, who reres private life the 4th of March next
this last work is the browning act of his distinguished
public career. Eregi monumentum ars persnnius.