The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1848-09-20
Views Of Mr.. Secretary walker, relative 90
New York City, &c.


Nav YoRx, Sept Ie, ls4s.
Hon. RoRr. j. WALKER, Secretary Of the Treasury =
SIR-The undersigned. citizens OF New York, avail
themselves Of your prese ice their vicin
ty, to express to you the high respect aud esteem
which your public services in the Treasury Depart
ment OF the general governmen mt have inspired.
Especially do We, citizens Of this great CONNER
cia emporium under deep obiig to won for
the watehfu care you have exercised the inte-
rests OF trade and commerce. in which so deeply
interested ~
For your urgent recommen dation OF a mint at this
port-fcr perfecting and carrying into operation q
warehousing system. the benefits Of which are daily
developing themseves-the successful ma uaxement of
the finances Of the country through all the harassng
olmcult;es incident 10 state Of war-but than
all for the 'act for reducing duties on imports
venue system perfected and brought into operation
the very success of which is the highest encomium
that could passed upon tive feel that the citizens
not only Of New York, but Of the Union, greatly
indebted, sir, to you.
Believing You to have been actuated by the highest
and best Of motives the Developments of great
natural reso Irces the advancement of commercial
interests. with also to the future greatness OF
our common ceuniry-we are happy in having the
privilege OF expressing to you sincere acknowledg
mepts and as slight evidence Of that feeling we re-
specfuy invite you TO partske Of public dinner to
be given at the Aston House. such time will BEST
suit your convenience.
We sir, most respectfully your obt servants,
Brown, BRoTHERsS Co. T. CoLLISs,
GooDHUE Co. And others.
New YORK, Sept IS 1913.
GEN1LNrME: Your invitation to partake Of a public
dinner has been received for which courtesy and the
very kind manner in which you speak of my services
in the Treasury Department, please accept my most
respectful Acknowledgements and grateful thanks
Your letter, coming from source respec able,
embracing so many most worthy and intelligent gen.
temen of all parties in New York affords the high
est qualification. Conscious how limited my own
financial experience and capacity, compared with that
of many distinguished predecessors in the Treasury
my only claim to have devoted all my faculties with
Q single view to advance the best interests Of be-
loved country In discharging the arduous duties Of
this most responsible trust, have INDUCED In
party asperity or personal aspirations but aimed to
bring to the test OF practical experiment those mea
my life had been devoted and SO o carry them into
effect to occasion the least Inconvenience connect
ed with the commencement of the operation of
systems
My term in the Treasury has been marked by an
entire change in our commercial and financial policy
introducing tariff constitutional treasury, and
ton in q single system Is always embarrassing; but
when extending simultaneously to the entire policy Of
the government the difficulty Is greatly augmented
To add to embarrassments at the very commence.
ment of the operation of these systems, the
expenditures and distant tsansfers Of coin whist
arms crowned with victories unexampled and
uninterrupted pleased kind Providence SO to order
the Of events that the credit of the country
remained unimpaired and in place Of the heavy sacr
fees and discounts loans, which had marked prev-
Gus wars in and other countries Treasury
has realized large premiums and has gone through the
contest without embarrassment or default.
Grateful as we should be to that Providence which
has maintained the credit and advanced the character
Of the country yet in the debt incurred and still
more in the loss of many gallant spirits, should
the world wars may sometimes be to vindicate the
rights and sustain the honor Of nations yet that
terest and especially with that great power of kim
bred race and language now so intimately associated
with us in the reciprocal benefits OF increasing
commerce.
The mission Of country is, through enduring
peace and ever augment'ng interstate and inter-
national commerce and intercourse, to extend the
Of liberty knowledge and the influence of
free institutions, purifying eevating and improving
attire cfalu afin hvf ha Euhf ofo mr.
In such an age and country the city Of New York
occupies most responsible position, increasing in i'm
concentrated. 1t is not from any state, local
sectional bias from preference Of this to other
American cities, that this opinion is given but be.
this is the place, from its natural position and
wonderful advantages, which can become the success
full rival of cities, and take from them all not
by force and violence, but through enduring peace
and augmenting commerce, TIE command Of the ex-
changes and business Of the world.
These views to the destiny of this great city
expressed and published by nae many years since and
especially when as Senator Of the United States my
attention called to our commerce al and financial
policy.
Our warehousipg system may, it is believed, be
greatly improved by regulations now in progress
Is hoped at its next session, will establish branch
mint, recommended in my first and every succeed
ing nua report, at this point, destined to become
the principal depot of the specie of the world With
such q branch, aided by the proper use Of mint GER
tfcates, the business Of New York and of the whole
country would be greatly facilitated and augmented.
IT. you kindly suggest, my efforts in the Treasury
Departmept or in the Senate, have tended in any
degree to advance the interests Of your city, it was
only in pursuance of what Is regarded by me as q
sacred Guty Of every sincere friend Of the onward
progress and perpetuity of the Union
Here If this Union is perpetuated (as it is clearly
the design of Providence that it shall be- and its har
mony preserved must be concentrated the trade Of ali
nations and to hasten that great American epoch,
is object worthy Of ambition that would aspire
to thing higher and better than place power
the contemplation of the progress Of our beloved
country efecting, through peace and commerce, and
for the benefit Of all mankind the bloodess conquest
Of the world
Thanking you most sincerely for your kind invita-
ton which circumstances compel me to decline, per-
NIT me to subscribe myself,
Most respectfully,
Your friend and fellow citizen,
X. j WALKER.
To E K Collins, lanes Lee SC. SO