The Hillsdale standard. [volume] (Hillsdale, Mich.) 1851-1909, 1853-12-13
No. 376.

/ ths public business, is first in my reliance
on the wisdom and atrotism of the two
Houses of ongress. and secondly in the di-
rectoas afforded mo by the PRINCIPLES Of
public rolcy affirmed by our Fathers of tho
epoch Of 1898. SANCTIONED by long expert
ence and co frmed anew by the overvhclm-
ing voice of the people OF the United States.
Recurring to these principles which consii-
tn;es The organized ba,is Of union, We pro-
sumo that vast as are the funcIions and The
duties nf The Federal Go,cfnmcnt vested in
or entrusted TO its three great d, partmcnts,
the Legis slaii,e, Executive and Judicial vet
The substantive powcr--the popular voice
and the larger capacities of social and mate
rial developments OF he respective States,
which all beirg of ihem-ol'es well cunstitu-
ted republics, as they produced so they AFRO
alone capable of mainlaiaing and pe'pe tua-
ting the American Union. Tho Federal
government has It's arpr'rriate line of ac-
tion in he specific and linated powers con-
frrrcd on IL by TIE constitution. chiefly as to
those things in which tho States have
common interest, in their relations to ono
another and 10 foreign governments. whilo
| the great mass of interests which belong to
cultivated men. the ordinary business of life,
The sprngs Of industry, all the diversified
personal and domestic affairs Of society rest
securely upon ihe several reserved powers
Of The proE' Of The several states. Th'ro
is q c effective dem cracy Of he Nation, AMI
| there is he vital essence of its being aud It's
greatness. OF The practical consequences
| which flow from tho nat re- Of tho Federal
GoYernmenrs. tho primary ono j., tho duty
| uf administering with integrity aud fidelity
the high trust reposcd in it by the cons,i'u-
lon. especially in tho apl lication IF The
public funds us drawn by taxation from tho
people and appropriated to specific objects
! by Congress. oe l9-A
| llappily | have no occnsion 20 suggest any
radisal changes in the financial policy of tho
Government. Ours is almost. it not abso-
| luely the solitary power of Christcndom,
| having . surplus revenue drawn Immediate
~ from Imports on commerce, and therefore
measured by the spontaneous enterprise
and national prosperity OF the country,
with such indirect relation to aarcul-
ture, manufactures and the produces of thd
earth and sea, as tp violate no constitutional
dpclrinc, snd yet vigorously promote tho
general welfare. Neither as to The sources
of the pnblic treasury. nor IS TO tho keeping
and managing il, does any grave cnntrover-
| ~ now pre,sil. there being a general acqn-
esencc in he wisdom of the present syst m.
| The report of the Secretary OF the Treas-
! NY. w W tAliDil III Uctdil inc. stalc 'I tho
piblic finuicps, and The COS hdiion of the va
rio,s branches of the public service admins
trred by that dcpariment of The Governm, mt.
| Tie r'.vegpror he country, levied almost
| inscn-iblY to the lax payer, go,s on from
! lear TO year, increasing beyond either tho
| intci'es's cr the waris of ihe Govcrnmsnt--
At tie cose of the fiscal year ending juno
| 80. 1852 here rcmained in the Treasury II
| ba'ancc Of lourtocn millions, Fix hundred ind
th4ftN'iwl iN uS''iiV, one huiuIeu uua .ii.
| ty-six u HAIRS. E,,L..t
The pu lie revenue fpr the fiscal year en-
! ding Juhn 30tf 1858, amounted to fifty
eight millions, nine hundred and hirty-one
thousand eight hundred and sixty-fivo dol
lars. from customs. and two millions, four
hundred and five thousand, seven hundred
and eight d'lar~, from public lands and 9TH
or miscellaneous so rces; amnun'i O iogeth-
or, to sixty-one millions. three hu ,lred and
thirty Thousand, fv, hundred and sew
enty-Gonr doliors;-while the public cxpen.
diurcs for the same period, exclusive of
payments on account of the public debt, a
mounted 10 forty-three millions, fvc-hhhd-
red and fifty-four thousand. two hundred
and sixty Two dollars: leaving balance of
ihiriv.two millions, four hundred and twen-
" five thousand, four hundred and forty
seven dn'lars of receipts above expenditures.
Ibis fact of Increasing the surplus of tho
Treasury, became If anxious considcra ion
at II very early period in iiiy administrator;
and The part of my duty in regard to il, see
med to be obyiousand clear, namely: first
TO apply tho surplus levenue 10 the dis-
charge Of the public debt, so far as it could
possibly be doro. and SECONDLY TO devise
uears for the gradual reduction Of Tho rove
nue. TO tho standard of the public exigcncies.
of these Offsets, the fr-t has been in tho
course ui accomplishment in II manner and
to deg'ee highly satisfactory. The n
mount OF the pm lie dul't Of al classes was,
on th, fonih If Narc, 1883, sixty nine mil
or. 'nc hundred and niavty thousand and
thirty--evcr: pa mrnis nu rec unit OF wh'ch
have been made siire th5t period to the ~
mount OF twelve IN lilo J., seven hundred aud
three thousand, ttrcc bunIrcd ard tUenty-
n no dollars leaving unpaid in tho course Of
lieu dation, the $ IN OF fifty Fix million. four
hundred and eight six thousand, seven hun-
drcd aud eight dollars.
These pnymen's, although mado at tho
market price OF tie respective class of stocks,
have b en- effected readily, and 10 lhc gGrG-
raj adran,a..e of the Treasury, and have at
the same time proved OF sinnal utility III
ibe relefthcy have i citenlaly afforded to
the money market. and to the Industrial and
commcrciil pursuits Of the country.
The sec nj OF the above mentioned tbi
jccts-ihat Of the reduction of tho tariffs
OF gre Importance, ind the plan suggested
by the See. tary of The Treasury. which il
toreducc The duty on ccrtain articles. and
to add to thc free li,r many articles nov
'tixcd. and especially sdch a. enter into
maenfactres. and arc II I largely or arc not
at all produced 10 this coun ry. is command.
ed TO your candid and caolui con. liberation.
You wi find IN rhc fcport Of tho sccrcia-
ry ofthe Treasury, also uhundant proof of
ibc euiirc adequacy of tito resent S, stem To
meet the requirements of the public service
aud 'ha' wIii'c properly administered. it OPP
cratcs 10 the advantage of tho community,
in ordinary business relations.
respectfully ask your attcnrion to sundfy
suggestions Of Improvement in tho settle
nent OF accounts, especially as regards tho
large sums of Outstanding arrears due to tho
government. and of the reforms in tho adj
nIihistrati,o action of this department. which
are indicated by tho Secretary, as also 10 the
prog css made in the construction OF marine
hnspitals, cust'm houses, and of a now mitt
in California, and an assay Office in New
York. heretofore provided FIR By Congress.
and also to the cnnincntly 81 stcccssiul progress
OF tho const suryev and of the Lipht House