, 1866-05-12

planning andEetting up the steamer Princeton,
It is not known that there is any such vessel
in the Navy now. and Commodore stockton's
steamer ofthat name. with his great peace.
maker Gun, which exploded and killed secre-
tary Upshur and upset Senator Benton SO
that he never got oFer it, in John Tylcs's
time, near quarter OF q century ago, has
that was seen other was in 1883, when she
was used as receiving hulk for scamen in
the Delaware River. II she Is the craft Tor
which the famous Captain is to got his S13, 90
Tor planning. 1t Is only necessary to eay that
all such Totes are disgraceful jobs, which
ought to damn any party guilty of partict-
pattng IN them, or giving them my counte.
nance whatever.
:. Nor is this all Of this petty md disgracefnl
thieving. A scheme has been approved by
that body to relieve divers unfortunate Gov
ernment contractors, who are suid to have
LOST come money on some Of the jobs thoy
have agreed to do for the Navy. The amount
millions, 10 be given to men who never offered
to divide with their distressed country when
they were pockethg tens Of millions out of
similar money making jobs. / speak know
tngly, for Donald Mckay and aiIles Grecn-
wood arc specially mentioned among these
distressed contractors, and both have been up
TO the elbows IN the Treasury since the war
first began. Mr.. Greenwood, Of Cincinnati, q
ycTy good gentleman indeed, lirst had 3 fat
job In 1861, OF patching up Frcmoni's famous
pewter PE1issian guns, said, by the Chicago
TRIBUNE. to have been worth by the cord
something less than poor cord wood after s{r.
Greenwood had got through Will, repairing
them. II these gentlemen only lost twelve
per cent On their few LAST jobs, they ere In
very poor casn indeed to 60 with a poor face
to Congress for relief, and Congress is IN still
poorer business to listen to them, or throw
away on such unworthy objects the hard
wr4nE money Of heavily tas-Iidden people.
anger, aud out Of the best feeling toward the
members Of that body. The people Of this
country arc intelligent and can Judge for
themselves. Such jobs as those recorded
above arc simply jndcfensible upon any sys-
tenn OF honorable dealing. The treasury OF
this nation ought not TO stand open to be the
prey Of every leech that can cruwd or squeeze
into 1t, nnr will Congress be held blamclcss
In permitting It. This body has noted most
strangely throughout IN matters Of finance !;
IN refusing ont OF mere want Of courage for
years, to venture even 10 propose system
Of ft 'asat19n, s1a1t wh,eh postPonement only had
tion much more searching and severe than it
need hare been, had any system at all been
! resorted to In time; anil In afterwards Der
si:tinE in keeping up this stringent system
when all Rctunl need for it has passed away.
N this respect, Congress acts good deal like
tho sow Of old Governor Reynolds, of Belle.
vile. Illinois, whose ears, he said, be had 10
pull halt ot to gct her up to her swlll trough,
and whose tail he had to pul half or to cet
| her away when shc had enough.
Nor Is our Western Secyctary, Mr.. McCul.
loch winning many laurels, where good deal
more was expected OF him. His most lnde.
feuEible course Is the enormous amounts oi
money he persists In keeping in the Treasury
Of tie nation, idle, willie shining and bor.
rowing more, and paying interest in Wall
street al. the time. Il was announced at tho
end Of April, with great flourish OF trtm'
pets, that this was to stop. But it seems he
only dr"rpcd one per cent oa the rate of in'
now pays four on call loans, while holding 81
the same time IN his hands on the first day Of
May tho perfectly enormous sum OF nearly
ono hundred and thirty eight millions Of dol
lars, sevcnty-slx mlions Of which Is IL
bullion. Is It true that tho Secretary
on gold will drop' Or does II
get any Interest from the deposit banks
The interest alone on the above sum that tho
country Is now paying woud d be ntnc millions
year, or 1850 600 month. or e., 900 day.
which ought to be saved to the nation: 70,
certainly that Is fully one hundred millions
| Of dollars more than ought to be In Tie
Treasury ut anJ time. Some of these 1ns
! mornings We shall wake up hearing Of some
mammoth Swartwout dctalcation among ths
uuny holders Of NIL these millions that will
make US open our eyes. a half million /:
understood to have already disappeared It
the laiaurc OF tic Merchants National Banl
at Washington.
That Congress ought to Interfere betwee,
this avaricious Secretary and the people, i
| clear; and that somebody else ought 10 civ.
| Congress pretty strong hint. Is equally clear
| The nation seems to be m nnrcststfuE victim
in tho hands Of q dcmoTalizcd mob OF partizans
who think there Is to be no end to the pluck
Ing It can and must bear, now thai they have
become accustomed to hanlling and ta1k.ns
20 glibly about the hundreds of milliun'
squeezed ont Of a generous sud patriotic peo
PIC In every describable aud indescribabli
mode. II Is 10 be hoped, at NIL events, tha
The press will speak out boldly and osarcly I.
this matter, and fully perform It's duty b,
acting Mt least Us psr1ial bulwark lctWeei
tho public aud unnecessary tax-gatherlng.
| twas layorite saying of certain people
In Little bfac's early days, THAT the publ
knew nothing At all about war, and could no
judge Of strategy. Yet they were not SO "a
wrong bhout Little Mac after all. The sam
may with equal truth bc said Of finance Ye
there are some things 40 plain that he VIII
runs may read, and surely the above e1
amples. out OF . good many more c4ucll
obnoxious, arc worthy public attention.
REPUBLICAN.