New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1862-02-19

loo King simply ID economy and dispstch"
In letter from Mr.. Harrington TO Mr.. CISCO, w
the 9Th of August, 1861 the Assistant secretary
"he Secretary /. Disposed 70 divide ah nos. and bond.
under tie laws viii be large, aud he - an
oes The Aedon. COMPANY were pIoups h. a. Lindi, die.
posd The question however IA, been rSieied "
the restriction Of the grestsst economy ana u'Pe'
Then Mr. Cisco wrote, August Ia, FOL: ,.,,,,r.
the oegon War Bonds to the National Ban Note Company,
upon tie terms speei6,d in the accompanying eao md
& G pTesons OF the notes in fortnight rom This lime.
The will be arranged as to serve Tor an! iuuie
Ipoa The Investigation found that Mr. Baldwin has no
fcilite, for doing the WORK with dispatch hi'H ua' u
The .hoest e in which he could 10 get w '"e
i'm summing up the whole matter Mr.. Cisco says
To recapulate briefly the printing end engraving OF the
United State. demand notes. Of the 3oo per cent interest,"
notes and u tbs per interest notes were gwen TO the
Aperan Bank Note Company prices IS per cent less tna
hose Usually charged BY them and 10 por e,It fss Ia e
srent OF the State Of NswioIk, and ccn'iderioy es
relatively hsu they before charged the ue'eIrn 'ol
similar work The printing and engraving OF the eson
War bonds and of the s5oo000o0 sx percent bonds wefe
gven to the National Bank Not. Company at prices se,eFay
Per aud IS per cent less than their usual
have read these excerpts TO show that the De-
par,ment have conducted all their operations IN re-
gard 10 the interests OF the Government, TO the dls
patch of the work. which required very great
lpfomptude, and 10 the security OF the Government
These two establishments possessed large ouildingS,
fre.proof and burglar-proOf, which was matter Y
yery grea, importance. Il would be manifestly i'm
PROPER TO make contracts with any party, however
,killfn aud however he might have other lhehiie
unless he could give the ADVANTAGE OF security
There are very great temptations 10 ou, siae, anu
very great liability III case oi ihe, 'io'' 10 NV
seclfiy in these respects. .,i,
| have stated the Gaze very briefly, but thought
il necessary that some reply should De auc no,o ~
effect 10 the mistaken suggestions whlch nave oeen
made elsewhere. The conduct OF the Depar'Ihehl III
The whole matte. is entirely honorable throughout
| Mr. LarHaa-I have listened TO the explanation
made bv the honorable Senator from Maryland with
a great deal of pleasure md DO not know whether
am in order in The motion that am about TO make;
but will nevertheless make it; and think that
by the unanimous consent OF the body, 1t can DC
adoIaed, even though are engaged IN the coneid-
Grafton q this bill | think thai this body owes II
10 the honorable Secretary VI tho Treasury, u
well as to bis Assistant, that all the papers and
letters referred To by the honorable Senator
from Maryland should be printed for the
use of this body The charge was pub
icly made in the House Of Representatives, ana "
las gone ont TO the country that there Lave been
dishonest practices on the part OF the honoraoie
Secretary ofthe Treasury and his Assistant, involving
some two hundTedand fifty or three hundred tnou'Lu
dollar. in this matter Of engraving. When Com
uliloe OF Tins body, after investigation, make ine
,ra-ement through their representative upon TINS
oor that has been made, think We owe II 10 those
officers, faithful they are, and industrious ahn
Lbonous, and with onerous duties imposed upon
them, such as representatives OF ths Soyerrp is
have never bad imposed upon them before that
these papers shoud be published and put into cir
culation to reu'e the vilsnogs SANDER upon their
integrity !, therefore, inerpose IA motion that aii
the papers referred 70, OF which merely extracts
have been read by tie honorable Senator from Mary
llpd, be published for the use OF the Senate =.
Since tie above correspondence took place, the Ma
.o,l Rank NotA Cornranv have taken the fire-prO0f
upper stories Of Messrs. Duncan, Sherman q Co..
md e the Continental Bank, and have increased the
number Of their presses from % to 90. They are
now fully prepared to do their share Of the public
printing with Dispatch