The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1866-08-23
SECRETARY mculiaca Oh TINE FINANCES.

appears that the Secretary Of the Treasury was ro-
scntly visit 10 ihe "Hub OF the unwerss'' and
thai while thero he invited dinner but instead of
accepting and dig sting the meal b. left his would be
entertainers 10 digest his financial views expressed in
the following letter TO tbcm:- ~H
Although Il hoped that ere this the currency OF
tho souniry wonld have teou brought nearer to the
specie standard, am that the people have
for coasratnalion that our finances are IN 90 healthy
Since March, 1865, the war hes been brought 10 a
successful conclusion; imi,ense arm es Lars been
being mu.,ersa out q the service: ali ,sss;,ar.
sss.las:::s Tiss while the a ns.,oaa asSi s
nearly 500 900 900 loss than il mated would
DO At The present time, aid the reduction q u has
averaged ior The past than $l0000,000 pcr
month lfno o.hr nation ever rolled up debt 80
rapidly, hone certainly Commenced tho reelection
rs debt after us creation. our currency Is
dep ociated, wo have so Tar cscapcd the financial
troubles that usually among M Ions at the cio-e OF
expensive wars. and wl.ch tn reason to apprs
head would happen TO ms at tho termination OF The
great In wnich have cnga ed. IL the bud
ness OF country csnduc.cd npon changing and
uncertain basis, " has b,en suffice severe reyul
sions. I. or txss are heavy our respnrces
almost unimi'ed, whis The disposition of The
Ieuple TO bar cbecr!lliy thcir bufccns "a a
surprise cson 10 those Who have the greaiest
cnnaa,nse The honor and good 70 ID Of fee peope.
IN nv o,igop the roople of tho United States are 10
make repu' oaii,n hlustri1as ainons the malone Oy
ctpbshgg the fact that this securit Of republican
g0vcrnmen, ar he safest Of all . no-, aud that ne
pccpc who impose taxes upon themselves the most
lea plF OF IN tr national cftnf.
10 not however. Disguise the fact that great Gnan-
sl Difficulties rtlI Ia be me; that present
prosperity ra,e apparent than real that
urng values by also standard that we, arr ia fact
q posei 10 all The dipgors which attend On mnnp
anal rredccmahlr currency whc, in,nishes iabcr-,he
truo source u national woati,nd stimu acs speed
uiaion aud cxir1yag iacc, when lead ins sriaby to
th'Lessness and Decentralization. Before the coui-
nv becomes again really PROSPEROUS the specie
standard must - restored, prices reduced, Ind 5~ry
stimulated the products Of the coanry increased, the
bsancc o. trade between tho tnitni States and otier
paions cease DO against u-a Tho great interests Of
tho country cared f,r< projected by wise aud iin
tai legislation. and Sn sections Of the country he
bs,ugh' again irto harmonious and practical relations
wih TIE s,felai sgyernneni
That tic c6uh,fy VII DO again thus really prosperous
Is as oarisn tlag ia the future That i should
be early day and that too without unanciai
erfss only assary thai there should b. proper
icrisiicn hy rpnvr - economy in tho public oxpcndi
lures and hdly the part Of thcsa who are lntraed
with Ito Eanagemen, OF tho public revenue.
Trusting that you viii pardon me for ~rins 20 long
n letter ~ cNDowsd ing tlc receipt Of Jour very
rtars inyiaon, remain, very iuy. your obed cat
: r, ant, HtbH N'ti tl'Hh.
Mes.rs wttLAa cRA1, NAru,sigL riAyrr, tronis u.
Wan ANrhvw r. HArt and others, Boston, Mass.