Richmond daily Whig. [volume] (Richmond, Va.) 1842-1861, 1860-12-07

Almost certain th remaining eefen
cannot be negotiated upon terms acceptable to the govern
men The condition Of the treasury such that no serious delay
be INDUCED recommend therefore, arepea otso much Of The
June 20 authorizes The Issuing this ad dsional eleven
millions otock and that authority me Issuing OF ea
command the confidence Of country To create that
that the public lands be pledged the
ultimate redemption Of all the treafurF notes which may bete
necessary toisue make this ofsuesIung 'eA
notes for stock the readily from the conviction thAthere
notes for limited amount under the direction President
meet unfor contingencies II which can he
10 meet lawful dems nds the treasury No Secretary Of the
Treasury President would ever exercise except eompeledto
the egenc OF the public service On the other hand
would the 70 meet without
which cAnpot ways be anticipated
IhAve already that provon should be made at 10
relieve treasury present produced by
the causes referred do this Congress the
ng Of additional amount Of treasury notes not ess than
miOSs dollars With these tn department wall be
abed 10 meet all upon present The
tent crisis through which the county
be r eommendedo Of permanent character
No change 10 the Laws be made In time TO meet
dicues AID II Il could the would produce
the results under laws that might be passed Con
meet extng difficulties TO- The purpose OF providing for the
payment portion the public debit only refer them
The views Of the department. to my former reports on that
The attention Congress. again called to the bill for the re-
parment and submitted At the first session Of the last Congress- in
compliance with resolution Of the House Of RePr
Importance Of adopting the changes and notifications
tsned In this cannot be too strongly urged the
slderaon Of Congress They would facilitate the operations Of
the department. reconcile conflicting prVons law and
greatly reduce the expenditures In this branch Of the public
vice Assted In former report the department already
reduced the expenses q co lecag revenue o euos
with the aid which the Of this Law would snrd still further
greater reductions could be made with bensht to the public
In this connection the attention fcorgre called to the con.
dillon service With the exception Of the
Harriet Lane there but SAL vessels employ ed the
vice steAr vessels rapidly suPpantng sail vessels In the
well adapted to former stste
employed IhAVebeoe represented 10 Oongres III this service
could be transferred to the Navy Department with benefit to the
public interest and entertain that opinion still this should
be DONE policy ould all be adopted OF substituting
rapidly possible steam for the SAL vessels now used IL 10
due officers employedin this branch OF the say
that eIr pay does With the compensation paid
ofee engaged 10 similar laborous 10
in my opinion should be promptly out act Of
pie justice 30 worthy class Of public ofheeH
oouesI IN provisions act Of March 1851 the sub
ect Of deposits BY tn. SCENTS q The government The
In those reports that deem unnecessary At this time TO co
former reports Congress should Law stand upon
the which executed Hheu by few simple
public protected against the App-ehended evil
report OF the Director u the Mat hereHih transmitted
marked No. g. appears that the amount Of bullion recelV at
mint establishment turns the cal ending June
80 1850, s26I8igl in gold ssl5 I 70 in silver and
and % go 1896 10 silver together With 900 in eents
Tie report Of the acting engineer In charge OF the Bureau Of
Construction heresh submitted It furnishes full details Of
pog OF the public uidngs In Of construction
The policy adopted by the Department In reference 10 Wo OF
this character pren,ed former reports to Congress has
continued daring the past My views In references TO
have been 50 o urged upon Congress
ary tn time than To ha each years ObseryA
Ion and experience confirm and hen former convictions
Accompanying ths report Of this officer VIII be und the action
ann .ys iron II will be found Instructive docu
meat this great maieFL Interest Of our country.
On l6 Febru1ry 1851 Congress passed Joint reSolu
made by two competent commissioners lato and
claimed to have been 'covered by Barclay for pre-
venting ABRASION eng deterioration the coins Of
the United Under the authority Of this law Professor
eoami,lsner, On the 2 Jule 1890 an ad ona appropra
ton made the joint resolution Of 1851
herewith communicate the report Of these commissl and
action Of the department the subject II the objects which
DR. Barclay proposes can be elected Is deu 70 estimate me
advantage which would be derived by the government and the
public from his discovery The experiments already MADE have
ben attended with such lndue the opinion that Il
will entirely successful such the strong conviction Of
mind to that Eject that MT hesitate 70 recommend
~ e measure and at the same tms Dr. barclay
literally for his dcovery There should be placed under the
&c. 15 g The Secretary the Treasury Tor tbs purpose ''a Of
Congress session authorised the appointment Of dele
gates represent this government In the international Statistical
Congress- which met In London, In July last had on two oeeas
ions called The attention OF Coagress to The o. sa
currency and uniform mode OF prerarng and keeping M
srca statistics among the Commercial countries Of The world Il
was view those results that the authority given 'or
the appointment OF delegates TO this Internal Congress Its
lion Wa. therefore looked T. with much interest
b.neaell were anticipated from regret
expectations all disappointed and from cause which
Il the province Of this report TO discuss The Hon A.
opgeei South Carolina tn only delegate rsm the Unit
ted o'ats who took his seat IN The ConTeS4 herewith submit
day Of Is session III only necessary to say th the With
The bs refusal
et4rn Deliberations resolved the entire approval his
ment
The report the n the Coast Survey presenting
the operations this for the last osea year. will be sub
n.gei 10 Co, gresj at an cary daY.
The accompanying reports from the various bursauI OF the De-
partment marked from TO L. contain detailed statement OF
hsl operations during ths last fiscal year
general operations Of the Treasury Department since my
last report have been Of the satisfactory character
Toe country gradually recovered from the revnon OF 1851
and rs healthy prosperous condition felt In the relief there
hy Afforded public finances. Until within short PERIOD
had expected Congress at lie
son alng statement OF the ancial condition Of the gov
eTHYt ncA has essn 5To9eh about oy
been Avertel by any action the Department.
All which Is respectfully submitted.
HOWELL COBB,
Secretary Of the Ire ssury
william Pennington Speaker OF the House Of Repressn-
tatvCs.