The daily union. [volume] (Washington [D.C.]) 1845-1857, 1849-02-23
The Wsrehousing system.-Report Of the Secretary
of the Treasury.

On the eve of leaving the public service Mr. Walker
country 1t sent in to the House of Representatives
yesterdays and we hasten lay it before our readers
We will not attemp, 10 "gild refined gold' by any re-
marks OF our own 1t will speak for itself 1t adds
another ornament to the noble monument he has erected
| Looking at the whole series of reforms which the
present Secretary has recommended. and which The
publican party have carried under this administration
what shall we now think of the ominous and panic
predictions OF the wings Take, for example the fol-
lowing extract of speech of Mr.. White of New York,
delivered in the House OF Representatives on the sth
August 1916; and what shall we think OF such poiti
clans and such prophets' And what think OF the
effort about to be made by the wing protection
lists change the glorious system which we have adopt
ed! Witness the Circular recently issued in Philadelphia,
calling the manufacturers TO great effort for the next
session OF Congress)
| Mr. White denounced the momentous measures (which
have been unwsely and nudicousy acted upon, and
for the present least decided by this House and the
Congress- My efforts to obtain the floor while they
were under unavang had it been other
wise should them as shall in my published marks,
der ounce the fraugh with more mischief and
positive evil the people OF this country than any man has
biyia to estimate comprehend: measures which are
destined TO upoo and all the present business
iv suffering and misery ncacuabe-upon the enerpris-
ing and industrious, revolution and ruin in their varied
pursuits, and sadness and sorrow upon all Those meas
ures are revolutionary in their character The revenue
bill subreasury and Ulrshouse bills all theoretical
upon the deepest and dearest interests OF the
people of this republic experiments which wise and pru-
dent men would never make; experiments which shake
the confidence of men in the stability OF this Union, they
do not shake very foundations of the Union itself
pemens which would have cost any monarch in Europe
his crown, if not his head"
And yet this country is now enjoying the highest de-
gree of prosperity, and the very measures which MIR.
White unwisely denounces in advance have most sig
naly contributed to this result
The subject OF Mr.. Walkers report is of deep and
santy augmentng importance. appears by the report
of the Secretary that the results here have been most
cessfu The value OF the warehoused goods including
those deposited the public stores during the last two
years. it appears, exceeded sirtysir millions Of dollars.
The Secretary, among other topics, discusses the subject
of iron warehouses Various amendments of the existing
law are recommended by the Secretary including the
tension OF the time of warehousing. Nothing is better
calculated TO show the great importance Of the subject
than the paragraph beginning with 'the question is one
of great importance" SC.
We repeat, this is perhaps the last report that Mr..
Walker will make Secretary of the Treasury. His
successor will repose upon bed OF The brilliant
career of Mr. w has been illustrated by series of the
most extraordinary State papers which ever emanated
from that department in any one term. His estimates,
however astounding when FIST received, have all been
realized with remarkable accuracy, and the bold and
original views and plans which he has so frequently
presented, have only been maintained by triumphant
argument but in practice have than realized every
anticipation. This warehouse report may be the bril-
liant snto of " his golden SIM
Indeed we do not envy his No matter how
great may be his general abilities his aen, for finance
no matter how ambitious he may be TO establish
honorable reputation, he must also have constitution
of iron to endure weeks and months of ncessan labor
from eighteen to twenty hours day, and enthusiasm
which will surmount every obstacle or the bright fame
of his predecessor will completely overshadow him.
WashInston's Birth Day.
Yesterday the volunteers of this city turned out to do
honor to the birthday OF the Father OF his Country"
A salute was fired on the occasion.
1H...~u NNv.S