New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1859-09-01
WHY TIKI TREASURY * EMPTY.

Some fine morning during the coming Winter,
Congress msy expect call for money under tho
name of a deficiency bill. These bills have been
annually growing larger; 60 that knowing the
chronic propensity OF this Administration to waste
money, it may be announced beforehand that the
next will oyertop any of is predecessors. Yet in
the face of this Increasing deficiency, an impudent
pretense Of economy is set up by the official organs
of the party. A few loafog clerk, are discharged
from Custom House where for years they have
been mere partisan supe rnumerares, aud credit is
taken for retreDchment. Almost in the same
breath the scandal is enacted in Utsh of selling 700
valuable mule, =: auction 10 neighbcrhoOd where
there are no buyerc but such as it had been pre-
arranged should be there, and then giving them
away at less than half price. When Buchanan
came into power there we're SIC, OOO,OOO IN the
Treasury, Yet in ten months it had all disappeared
and 500 OOO 900 had to be borrowed. light
months sflerward another $40, 900, 900 were bor-
rowed. and Eve months later another SlO'VoOVVV
were had in the same way, or S66,Ooo,coo IN Az.
But ON the heels of this came the further deuana
for $50 zoe, coo with which to steal Cues, MAKING
il quite apparent that had the Treasury unlucAlIy
contained the aforesaid money, means would nave
been found to use it in the Accomplishment
of that neiarious project. The chances are that
Congress will be asked at an early day for .uch
a sum as WI! swell the public debt to round
500, OO0, geo. Whether House OF Repre-
sentative. will be found plant enough to grant
that demand remains to DO seen. Yet with
all this immense sum of money the Government
maintains but shutting sud beggarly existence.
1t keeps ts head above wstcr only BY the uneI-
pec.ed receipt of duties On imports which ar
destroying the industry Of the people, and which
have sent gold out Of the country this year IN
continuous .tresm at the rate OF $S3,ooo,0o0 per
apnum, or S5O,0O0,000 more than the previous
year, and $50 100000 moro than the disastrous
year 1857 Now il the export of that year preciP
itsted such crisis what conse luences are to follow
The drain of this The management of the Post
Once is . scandal to free people-it would be
di,srsceful even in lespotism. In many places
the people who pay large and ample sums for post
ace are cut Of from mail facilities, and are con-
d, lied to either carry their mails themselves or do
without them. That Department shuffies along
mere financial cripple, by issuing scrip tor Its debts
and this sc,ip lie peddled among the money
changers and contemptuously shaved at 20 per
cent, grave doubts being entertained OF its Legality
Shifts and expedients OF various kinds, unworthy
of the power and resources Of the nation, are
re.orted to to keep it in motion, some Of them
sed to be % grossly Illegal as to call for nve't-
CATION BY Congress, Let the imports only fall back
to where they stood year ago, and the Treasury
10 at once bankrupt.
But there are many other ways by which the
public money goes than selling mules at hdfprcs
in Utah. That stroke of hnancieriDg resulted in
single loss. There are outlets through which gold
runs from the Treasury all the year round. The
whole reyenue-collectins system is stupendoa'
ham. When Mr.. Cobb was called o. By the