The Lancaster gazette. (Lancaster, Ohio) 1846-1852, 1848-06-16
political.
TI,c TREASURY Rcnoris.

The Treasury Reports.
The readers ofthe National IntelIigen-
Ger are aware that the Secretary of the
Treasury. in his annual report to Con-
gress on the finance. omitted by mistake.
the sum of Sc 915,07S, being the entire
amount ofthe avais ofthe Treasury notes
for the first quarter of the present fiscal
year. The message of the President to
Congress at its present session exhibits
the same remarkable mistake. Long al
forwards this gross blunder was acknowl.
edged and communicated to Congress by
the Secretary.
On the lst of March Mr. Rockwell, Of
Connecticut, in speech in the House
pointed out other very serious mistakes
in the report of the Secretary. One of
them was of about a million and half Of
dollars in the statement of TIE difference
between the receipts and expenditures
for the year. Another was Of one hun
dred and thirty.fve thousand dollars in
the statement ofthe Register ofthe Treas
ury which was furnished to explain the
previous discrepancy. A third was in
the statement of the amount ofthe public
debt paid during the year, 1t being stated
in one table accompanying the Secrela-
ry's report from the lst of July, 1916, to
1st December. 1847, seventeen months,
to be SO, O46,5l1,35, and from another ta-
BILE to be from the lsl December, 1916,
to the lst December, lS47. $40, ,4SO, 362,-
10; that is, that it was more by one table
in twelve months by Sl,219,l03,06 than
in seventeen months, embracing the same
twelve mouths, in the previous table.
The speech of Mr.. Rockwell was pub
lshed the next day in the lntelligencer,
and an answer was promised on behaIfoi
the Secretary. In the Union of the 9Th
March it was stated by the editor, "we
hope to have the pleasure of laying be-
fore our readers to morrow evening a sat
isfactory refutalion, drawn from official
records, of Mr. Rockwell's attack on the
statistics ofthe Secretary ofthe Treasury.
No reply, however, was made except
in a speech of Mr. Atherton. chairman o
the committee on Finance of the Senate
in which he acknowledged the error il
the difference between the recei pts and
expenditures of 81, ,40I, 900. but denied
all others.
On the l1th of May Mr. Rockwell
made a second speech, in which he poin
ted out numerous other errors of the Sc
cretaly ofthe Treasury. The following
are only a portion of these mistakes, as
shown by the report of one of the com
miuee on Public Expenditures, (Mr
Strohm,) referred to by Mr.. R. in hi
speech:
"The discrepancies shownby bringin!
down the statement to the lst December
1S47, in relation TO these Treasury note
issued under the two acts of 1S46 anc
1947, are as follows:
"As to the amount of stock issued un
der the act of July, 1916, the report o
the Secretary and the statement of the
committee differ Sll5,200.
GAS To the stock issued under the ac
ofJanuary 2S, lS47, 81 ,050.452.
"As to the notes outstanding, undertht
act of IS46, the difference is Sl7S, $50
and under the act of 1S47 81 ,437 400.
LAS to the amount of noles and LOAF
available at the Treasury December !
; 1S47, under the act of 1876, S293, 1856
and, nnder the act of lS47, 1886 $50
No explanation IF any kind has bee
given of these gross blunders, to the a
mount of hundreds ofthousands and eve
, millions of dollars.
The committee on Public Ex2endi
lures on Wednesday presented an elabo
rate report to the House, which appear
, ed in the Inielligencer of yesterday
which it is understood, sustains the chal
ges made by Mr.. Rockwell in his secon
= speech. From the discussion, it wou
r appear that this report has been III tn
, possession of the Department for abou
, two weeks; but no explanation or denia
| has yet been made. "A report of the mi
= norly of the committee is now promised
t If that report fails to furnish full am
/, satisfactory explanation of these discre
5 pencies aud mistakes, the condition orth
Treasury will present most seriou
question forthe consideration of Congres
and the country.-Ndtional Intelligence