The daily union. [volume] (Washington [D.C.]) 1845-1857, 1853-12-25
-. ~ ~ sIsa1E From the Indiana Sentinel
Report OF the Secretary Of the Treasury.

We have published a synopsis Of this report, and de-
sire 70 present our views upon It's principal features We
regard ha report able document, evincing
search by The Secretary OF the Treasury II embraces in
detail important suggestions for reform in the mode Of
transacung business in that department These en
ltd 10 The favorable consideration OF Congress- they
derived from deliberate investigation into the a
fairs Of the treasury We think the report exhibits un
usual attention 10 the routine Of business II is
ned alone 10 the at topic but enters specifically into
inmate detail OF the duties OF bureaus, and 10 represent
ing the deDquences OF the department. under the control
OF his predecessors the Secretary is evidently acuaed by
the purest and most patriotic motives, accompanying the
statement OF each with suggestion Tor the safe
guardianship of the public funds In il there is no i'm
puaon cas-, upon those who have had the control of The
treasury bu he audes TO the deficiencies OF the past Tor
the purpose OF illustrating bis positions and serving the
public crest
We shall not now review his position upon the sub
ect OF reduction OF tariff duties Suffice it TO say that
the policy tends the ultimate adoption OF the principle
OF free trade, which, in humble opinion, will one
day become the leading Characteristic of the platform Of
the democratic pariy larH is the substitute Tor direct
axaton and is levied for the purpose Of raising
nue.. This is the ohj.ci-it should have no oiher
An accumulation Of surplus funds in the treasury sug-
gests reduction of the ar in accordance with this
recognised principle OF the pary-no more revenue is
needed than is necessary for the economical adminslra
non OF the government We believe the opinions OF the
people accord with that of the Secretary in the general
view he takes OF The Ques ion. Though there may be
difference OF opinion as TO the specific articles upon which
the duty should be reduced, there is little doubt of the
general policy which should be adopted by the federal
government in the collection OF revenue.
The policy OF the Secretary in pursuance of the pro.
visions OF the act OF Congress- seeking the entire sep.
aralon OF The government from banks, relates 10
the deposies OF disbursing agents is strictly in accord
ance with the general plan OF the sab-reasuIy
Experience has convinced the public OF the practical
biiiy OF this mode OF keepng aud discussing the public
funds, so that now il is no longer matter Of discussions
but the conformity OF the policy of administration to
The regulation OF the law is deemed necessary 10 the
safety and prosperity OF our finances.
The estimates Tor the coming year well based, and
hp q
ceipts and expenditures than those OF the las, year
We have not sace TO remark upon the detailed state
menis OF the report, and regret that place be-
fore readers We shall, from time lime, refer
H. the discussion OF its various topics may afford op
poruoily. We are pleased 10 notice the general
mendalons bestowed upon II by the democratic press oil
The couniry, and by The respectable wing journals
Il is certainly entitled 10 high place IN the pu6lc esi-
nation