The daily union. [volume] (Washington [D.C.]) 1845-1857, 1849-08-29

come to the United States and settle his accounts He
was on distant station. and although it might, and
probably would be found. that the failure Of his agent
to remit him SO large Of money might be attended
by his total inability TO make good the loss il not
deemed just, Mr. Osborne acknowledged that the loss
had occurred while in his hands, and before the money
had reached Mr.. DENLY, TO act the supposton that
DENLY could not replace it, On his return, being ascer
tanned that he could not make il good il determined
that he could not continue in public employment and his
resignation was accepted In the division OF the duties
and the distribution of the public business among the
several departments, il would have been strange il the
power OF supervision OF officers agents attached TO
either should have been given another The Secretary
of the Treasury has control navy sgen, or pay
the army The reports required to be made to Con-
gresso oicersin default under the 10th section OF the sub
treasury act, be made by the Secretary Of The Treas
y Tits true that he is required report officers offending
against the 18th and 10th sections to the President and
to Congress But the President not required to make
any such communication nor the Secretary of the Navy
So that whether Mr.. Denby'scase within the pro.
visions OF the act OF 1898 or OF 1916, the report required
OF the Secretary of the Navy made and the Pres
dent exercised his power conferred by law on the sub
ec II not a subject deemed appropriate in the
nual report any than would have been the Of
purser in default, OF contractor for supplies who
had broken his contract and compelled the department
purchase in open market at higher prices than those Of
his contract No report such case, it is believed,
be found. But, assuming facts which did not exist
il is charged that the Presidents annual message TO Con-
gress on the operations OF the Independent treasury act
in regard to transfers of the public money, cannot
be sustained if he knew of the failure of the navy
agent at Marseilles. This is at last the real object
OF the whole effort Of the Republic. The Presidents
language though broad, must be interpreted according
to his meaning: "Under this system" President Polk
stated, 'the public finances have been carried through
foreign war, involving the necessity of loans and
traordnary expenditures, and requiring distant transfers
and disbursements, without embarrassment and loss
has occurred of any of the public money deposited under
its provisions" IL pas of transfers made under that
system from depository TO another from NeW York
New Orleans, in wch the opponents Of The system had
anticipated so much loss that the President spoke He did
not aude to transfers which that system did not give
authority to the Secretary of the Treasury make He
spoke of the system in its legitimate sphere, within the
limits of the United States But, what is conclusive, he
did know that Mr.. DENLY had not accounted for the
money issued under his contract and il would be to inn
pute both to him and to the Secretary Of the Navy the
extreme of folly to suppose that the fact Of his failure
could be suppressed, and of wckedness to attempt it,
an attempt which could not be successful by the OBJ
liberation OF the books of the treasury Such folly and
wickedness wise good will be persuaded
to impute to the deceased or to the survivor.
In conclusion, append the copy Of the contract
tered into between the Navy Department and Nathaniel
DENLY, ST.:
CONTRACT
This agreement, by the Navy Department in behalf Of
the United States and by direction OF the President thereof
the side, aud by Nathaniel DENLY, OF the city
OF Richmond merchant who is about establish house
Marseies ia France. the other side, wnesseh. that
the said Department hereby constitutes the said Nathaniel
DENLY temporary Tor furnishing such the
American squadron the Mediterranean sea- from time
me the said Department wish TO be furnished by
him, and agrees him Tor all money furnished
the OF four and ourhs dollars for every hundred
dollars delivered by him board Of vessel OF the said
squadron purser thereof the port oil Marsees in
France duplicate receipts oil the Of said vessel 10 be
given hereors and agrees further 70 give him the said Ma
hanel DENLY, agent aforesaid notice Mnsees be-
tween sixty and ninety days previous TO the
Of the said money ofthe probable amount wanted and the
notice OF al least thirydays one hundred thousand dol
lars and TO pay 70 the said Nathaniel Denby or TO whom
he may designate receive the same, NtV York
before the Of each seannual payment the
lnI amount in American dollars or other money equiya
thereto, which supposed the said adron will
need for six months. And further agreed the part
Of the Navy Department. thai officers in command Of the
from the said Nathaniel DENLY shall receive onethrd in
Spanish plared dollars one-hird in doubloons and
third In veranc pieces the rate they pass in Spain
And IL is hereby understood that the delivery the
Of any vessel OF the said squadron, UPON acquisitions
duly approved by the commander OF the said squadron
the vessel to which the said attached, and
his therefor TO be sufficient voucher for the above
payment by the said Nathaniel DENLY agent Aforesaid
10 the said puser for the benefit OF the United States
And the said Nathaniel DENLY, agent aforesaid HE
part agrees pay the United States for the OF the
said squadron, the amolnt Il may wnn before named
be delivered board Of tue vessels OF the said
NJ in
France money aforesaid for the premium and
of and three ouhs doas for every hundred
dollars aforesaid and the said iour aud thee-iourhs
dollars is be in full Of freight, commission, allowances
gences and every species OF service aud expense
whatever either contractor IN relation 10 the
said subject. And IL 10 further understood that the said
Nathaniel DENLY agent aforesaid, take and forward
10 the Navy Department at Washington, pract
Cable receipt from the pnrser pursers receiving such
money, the form prescribed by the proper accounting
officers Of the Treasury Department OF The United States
and the amount u TO be then passed 70 his credit with the
addition Of the said premium and Compensation And the
said Nathaniel DENLY, agent aforesaid Is transmit to
the Fourth Auditor OF the Treasury Of the
his agency under this agreement least in
every six monhs. And Is further stipulated that the
OF wanted in this be varied at the
pleasure OF the department. though Is 10 exceed the
sum before named semi annually without least thirty
days notice And this contract agreement with the
pofary agency under u Is TO commence the day
of Domini 1876, aod continue till finished or
terminated by the pleasure Of the department OF the Pres
iden OF the United Staies by sx months notice by the
said Nathaniel Denby agent as aforesaid on the other
hand.
In testimony, &c.
The wing party is once more beginning TO show
the coven hoof which they had concealed during the
campaign Gen. Taylor sounded the cue. note in Pitts