The daily union. [volume] (Washington [D.C.]) 1845-1857, 1848-09-22
-. o.mp,,msn, justly earned.

,vsnded The wisest reforms which have been in
,ln,sd into our financial system and by his brilliant
lines his interchangeable industry his indomiiable per
,,,oce. he has succeeded in establishing. by series
,,sasures, some Of the profoundesi truths in political
.,,ony lie has sympahzed in the spirit of the age,
ID IN no man are the United States or Europe more in
.J for the progress which the world is making in the
yanceneni of the great principles OF free trade Mr.
r,r has rsked his constitution and even life ITSELF
be discharge of his official duties Who, then, is
r,rs wolthy Of the compliment which "the principal
,.,,bauts and leadng men" in the Empire City have
,feI 10 the Secretary though he has properly and
carefully Gclined it, But we prefer to express feel
-. On This subject through the medium of the "New
y,,t Journal of Commerce." which does honor 10 Mr.
Walker in the following appropriate remarks:
TINS IIoy SECRETARY WALkER.--Sedom has n compli-
n.at been more richly deserved, worhly be.
Sed than that which is indicated in the annexed
,ondence. IL Is OF the more value being rendered
bou distinction OF party least, without erence
=, marty distinctions. Several of the most prominent
,nsr, 10 the invitation wings. Ii is honorable
h.g, as well as him. that they thus do honor
ii wherever they find it. When Secretary Walker
re into office, the country burdened with sys-
IAN Of extravagant protective duties. The wealth, in
0,snee and numbers connected with the system,
would have deferred Il man oil ordinary
, srcountering it, were singlehanded, under cir
,ns,apces which were sure to bring upon him rdcue
and reproach well all the arguments which the pro-
,.boniss could muster Yet Secretary Walker did not
hesitate the bull by the horns He the question
rHy iairy and convncingly. We do not hesitate say
done dssipate the high tariff fall
% than any other documents or works which have been
shed in this country One of those reports enjoys the
honor of having been reprinted by order of the
British Parliament
On other branches of political economy also, Mr. Walker
has seemed 10 comprehend the interests The coun
TN He has aided in the establishment of awarehous sing
,gsem and IN the removal of many of the restrictions
which impeded trade With Canada. He has sought TO
,rcne the establishment Of branch mint in the COM
nerca and financial capital of the nation. In the
ceuent of the finances, including the sub-ueasury sys
en- he has always manifested disposition favor the
,nsiness community, and through them the rest of the
50 could be done consistently with ex-
,iug laws The Treasury Department has often been
lied by able upright, and patriotic men, but
than and it is right that the appreciation of this
ac, should be made known the incumbent, as in the
nnexed communication. !.
New YORK, September 10th, ls4s
Ion Robert J. Waiker, Secretary Of the Treasury:
SIR: The undersigned, citizens of New York. avail
b.melves of YOUR in their immediate vicinity
ub services in the Treasury Department of the general
government have inspired
Especially do We as citizens OF this great commercial
Emporium, feel under deep obligations to you for the
yaichfu you have exercised the interests of
rae and commerce, in which we deeply interested
For your urgent recommendation OF mint at this
ot-ior perfecting and carrying into operation ware
ousins system, the benefits of which daily develop
NJ tbemseves-the successful management of the Fl
of the country, through all the harassng Difficult
les incident to state OF war-but, more than ALL for the
act for reducing duties imports"-a revenue system
effected and brought into operation, the very of
yhch the highest encomum that could be passed upon
feel that the citizens not only of New York, but
The whole Union, are greatly indebted sir, TO you.
nd best of motives-the developments of great nau
al esourcesthe advancement of commercial interests,
With eye also 10 the future greatness of common
oun!Iy.we are happy IN having the privilege Of ex.
light evidence of that feeling, we respectfully invite you
partake of public dinner, to be given al the Asor
louise at such time will best suit your convenience
We are, most respectfully, your obedien servants
harles II. Marshall, Aymar g. Co., Gerard Hallock,
harles OConor, John ]. Cisco, Reuben Whers, Theo-
ore Sedgwick, Charles Augustus Davis, William C.
Duck, Tarrant Putnam, II. w T. g. H. Mali, T. Dom
lily, Richard Sche Alexander Hamilton, Grant & Bar
N, William McMurray, James T. Brady, C. S Bogar
rs L. Q. Wilson, Henry Nicoll:, Archibald Maclay.
arclay Livingston. Alexander +. vache, Alexander
: Stewart & Co, John McKeon Francis Burritt, L. NJ.
LEY, John }. Taylor, Geor-e +. Thompson, Spoford
ileston, Tanning C. Tucker John Gihon 4 Co, w D
Vallach, G. A. Conovcr, George Law F. b. Cutting E.
,OlIls, MOseS t1OWla01 g. AsIbNWall, tseOIEc
douglass, William Whitlock. IT,. s. r Ncoll s Co, A.
Nlickle. R; IL Winslow, Thonas Hunt Co., Jacob
little, C. w. Lawrence, Elisha Riggs. Robert H. Morris,
[osper NJ; We,moIe, John L. Il. McCracken. Charles
lcvean, William B blaciay, II. G. S.ebbins, NJ. NJ.
oah, Francis w. Edmonds Henry A. Swift, George
v Pomeroy, Townsend Harris, S. S. Bosworih, Eugene
ogar, Fox & Livingston, D. A. Booth, John A. Thorn
ampbell P. White, Mason 4 Thompson. Samuel j.
Wills, T. E. Townsend, Bache McEvers, William A.
lead, Westerselt & Mackay, William S. Wetmore
New York, Sept IS, 1913.
GENTLEMEN: Your invitation to partake of public
inner has been received, for which courtesy, and the
Try kind manner in which YOU speak OF my services in
e Treasury Department please accept my most re-
ectful Acknowledgements and grateful thanks. Your
tier, coming from respectable, embracing so
any most worthy and intelligent gentlemen of all par
es in New York, affords me the highest qualification
onscous how limited was my own financial experience
nd capacity compared with that of many distinguished
in the Treasury my only claim is TO have
evoted all my faculties with single view to advance
best interests of beloved country In dscharging
he arduous duties of this most responsible trust, have
ever INDUCED in party asperty or personal aspra-
os, but aimed to bring to the test OF practical ex
eriment those measures and principles TO the uniform
lpport OF which my life had been devoted, and so to
AIRY them into effect to occasion the least ncon
enience connected with the commencement OF the ope
anon OF new systems.
My term the Treasury has been marked by an entire
hange in commercial and financial policy, intro
ucing tariff, constitutional treasury, and ware
ouslng law The period of change and transition in
nge system IS always embarrassing; but when extend
ns simultaneously to the entire policy of the govern
nent, the difficulty is greatly augmented To add to our
moarassmenis at the very commencement OF the opera
ION OF these new systems, the country was involved in
var requiring large loans heavy expenditures, and dis
AMI transfers OF COIN Whilst our arms were crowned
s victories unexampled and uninterrupted it pleased
una Providence to order the of events, that
9e crect OF the country remained unimpalred, and in
,ace OF the heavy sacrifices and discounts loans
shich had marked previous in our own and other