The daily union. [volume] (Washington [D.C.]) 1845-1857, 1853-05-01

Hon. Howell Cobb.

Hon. HOwcu CODp.
The letter OF this distngus gentleman. advising
the Union party TO rally and unite IN harmonious action
under the banner OF The national democracy, VIII De
found in another part Of this mornings paper II gives
us pleasure 10 commend the general tone and temper oil
this able letter His manly avoidance oil all discussion
of the unfortunate dssensons which have heretofore
divided our political friends in the South. and his elo-
quen aud energetic appeal in favor OF common UNION
upon one platform in support OF The adminssra-
lion OF President Pierce cannot fail to command the cor
dial approval of the country.
Alleged Abuses under the Sub reasury Law.
For some lime past the public press OF both political
parties has been commenting al length upon certain
transactions alleged 10 have taken place under the late
administration in regard TO the transfer from one point
TO another OF large amounts Of public money For our
selves have puposey abslained from such comments
up 10 the present time, being of opinion that more ut
opportunity may arise hereafter for full examination
OF the subject In making up daily sheet, however,
naturally enough paragraphs in relation to this
matter have among other selections, found their way
into our columns part OF the political news or specu-
laon of the day.
OF this character is brief article which recently ap
peared edoraIly in that highly respectable democratic
journal. the Providence Daily Post, and which was
copied by as three four days ago without remark 10
this article of the Post the attention Of the National
I,eigencer has been called by"a fend;" and the re-
suit u.s. that that journal, in its leading article OF yester
day. puts iorih contradiction of its statements which
purpotls 10 be "authorzed' by those whom the state
meDts concern.
We now copy from The Intclligsncer its contradiction
of the Posts article in the first place. because we wish 10
treat with entire fairness all those interested in the denial
aud because, in the second place. we wish 10 place on
record in our columns, the position assumed by The jour
nails friendly the late administration in regard to its
management of the public money under the sub.treas
ury law. The notice which the inegencer has taken
of the Posts statements may call forth from that
journal some explanation as 10 the information upon
which lis statements were based and meantime, upon
the assurance given by the Lack,gencer we are willing
10 suppose that as the particular in question, the
Post may have been msDioTmed We must, however
remind the Itegener that there other allegations IN
the Posts article which does not cite nor contradict,
nor in any way notice, and would commend to the
whiz organ for the present at least rigorous caution
as 10 any further probing OF the subject With these re-
marks, we subjoin the material arts of its article:
1--WE aIude TO the following item, which, it appears
originated in Rhode Island paper, aud which derives all
Among the operations just brought olght as we hear
from high auhoriiy,and in keeping with eass Of ,lnal
for bounty speculaion-is the following:
"a contract made With a weiknown New YORK
Of dollars from New York New Orleans, for which he
have a commission and pinely days time Just be-
the ninety days expired The not yet having been
posted New Orleans, contract is made 10 dc
posite the at 81 Louit, Tor which commission
be paid and nineiy day further time allowed bnt
before he ninety days PRED the not having
been deposited in ST. Louis new conrtc' enered ino
be allowed, and ninety days uIiher ttne for the puf
pose before the expiration OF This sum- the depoe
made to depose the with the sui treasurer OF
New York, from whom IL drawn jnst year teofe-
opera been furnished VITA this large sum
money Tor year, without interest besides having been
paid large amount Of commissions for service never
performed, intended 10 be performed, by The
parties
snow authorized say that no Transaction ofthe
kind alluded took place daring the administration OF the
treasury by Mr. Corwih limo Instance where transfer
ordered any point It's destination ever
changed any other point, aud in no instance di the
treasury every pay dollar OF commission Tor making
any transfer q the public money or auy other expense,
except the IRE gh where the department on sudden
calls obliged ship c3in did in Instances
by the mail steamers from New York to New Orleans,
which freight at the rate that paid 10y private
individuals.
Under the administration of Mr. Pok private
Of known capital, standing, and credit, employed
make these transfers. and Mr.. Corwn made them in pre-
cisey the same mode as that followed by Mr. Walker
though much hunted extent thhu the
The necessities OF the Mexican OF required
much heavier II public funds brtween different
points than during the time Dir. Corws ihe head
Of the treasury.
AT first Mr.. Corwn adopted the rule as il wa,
understood Mr. Walker bad followed of trusting to the
personal security Of the highly respectable and respons-
BILE parties employed but he subsequently, aud for the
years, adopted the additional precsuon Of re-
curing depr.i,e of United states other coed stocks 10
full Of the transfer which stocks were held as
collateral security, and only returned to the parties The
production OF the subessurets receipt Tor the payment
Of the that had beeu placed 10 their hands for
transfer.
There is nothing in the mode adopted by Mr. Corw Ia
for making transfers Of public money for which prece-
dent cannot be found the fullest extent under the adj
muistratiou OF Mr. Polk and any attempt, therefore, TO
oensure him that viii reflect with equal force up
on his democratic predecessor.
We will only further add that If any advantages at
tended the agency for making these transfers,
joyed under the administration OF Mr. Corwin leaf.
equal degree by individuals belonging the democratic
party by those If the political friends OF Mr.. Fimore
administration, which is degree Of liberaliy TINT
should be glad followed by the party in power
A Mistake.
We perceive tina, OF the northern journals repre-
SENT The authority OF their correspondents in hs city