Mineral Point tribune. [volume] (Mineral Point, Wis.) 1854-1858, 1858-02-09

g area o. free trade" If the free trade here
! spoken OF means fres trade IN negroes then
shall decline to dispute the point with him =
/ w hIle the President and Secretary do not an.
pear to be entirely in coincidence upon the
subject of protection, they also appear to disa
/ gree somewhat As 10 the cause of our present
difficulties. While the President attributes tc
them one cause only, which cause is declared ia
1 be our 'e eXtravagant and vicious system of na-
per money, the Secretary says that ''we must
I look beyond the banks to the operations al
other corporations well as individuals. to
tathonl the entire cause of difficulties" But il
Is not my business to reconcile the ditferen ces
of this Democratic household. | beg to call the
attention of the House to some of the figures an
Z estimates of the honorable Secretary The 9TH
er day, when the House was rushing through in
such hot haste the Shin plaster or Treasury note
bill, my friend from Pennsy lyania t3ir Richie
pointed out n strange want of consistency be-
tween the President and Secretary.
In the message the President boasts in os-
tentatious language of the sub-Treasurv de-
clared that whatever might become of other
folks, the /" Government will continue to dis
charge its liabilities to the people in gold and
silver ;; speaks of a loan as a thing barely Dos
slble; and declares that it shall be avoided if
possible Who could possibly believe from
reading this high sounding language, that at
that very moment the Secretary had slipped in
at the back door of the Capital, and was be-
seeching Congress for authority to issue $50 :
0OO,000 of g" Wild cat and red dog" with which
to pay of the public creditors whose liabilities
the President had Just declared, would be dis
charged IN gold and silver only ? 1T all we
hear be true, the Secretary did not apply 10
Congress whit too soon for it is currently re-
ported that for some little time past the public
creditors have not been able To obtain either
gold, silver, or wildcat
The Secretary, IN asking for the privilege to
issue twenty niIlion.holds ont the idea that they
may not all be wanted 1 have been looking
over his estimates, 1t will perhaps be deemed
presumptuous IN me to arralgn the figures and
estimates OF so experienced statesman As he :;
nevertheless, shall take the liberty of doing So
The Secretary estimates the receipts for the
fiscal year ending June 80, 1888, at the sum of
S'5,3o9,936 0S, made as follows
Balance in Treasury, July /, 1857 s17.7lo11t .
heceiyed Tor quarter ending September 80.
Estimated receipts during the three remain O
ing quarters TO June 80, 1858, are
Erom customs 100000 90
Fron rom PGoiti Pmioe.mao,ss ans 5Oyo9o0 90
FROM nlleeliaheouS sources 75O 600 90
Estimated aggregate for the service of the
Expenditures foryear ending June so.
1885 74,9e3s58 Al
1885, Of s426,S75 o.
which appears TO be sailing pretty closc-banled
on the wind.
The estimates by which the above result is
arrived at, viii not, in my opinion, bear the IN
sPection of impartial scruniIy; but if they are
correct,it Is pretty evident that we shall be call
ed upon tor more aid before the fiscal year cIo-
ses, because the sum then left In the Treasury
v Il be wholly inadequate to an easy admins
tri'Ion OF the financial department of the Gov
eminent; as 1t was shown during the progress
OF the Treasury note bill through Congress, that
to meet tie wants of the Mint and other exi-
gencleS, the Government could not get along
with less IAN six millions all times IN the
Treasury.
how then are you to get along when that bal
ance IS reduced TO Sl2O,S75 81, as the Secretary
says it will by july /, 1853?
But that You Will not have even that 1noager
balance, Will now proceed to show
To arrive at that result and bring the Govern
ment to the end OF the year with that beggarly
sum, he makes the following estimates Tor the
last three quarters, ending June 80, I655
From customs SO, coo coo
From public lands 3 Ogn ouO
From miscellaneous sources 100 COO