, 1869-03-08

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A'se' TRIBUNE cee!ss,rASs; e!s,sA!:SSs
NIB. STEWART AND TIE TREASURY
ACT.
We are amcrg th9sc who losk BON
The selection Of Mr.. StcEart ter the
cEcc o! Secretary Of The Treasury
as extremely fortunate l>r the Pres
isers and the country. His inu-
Naie Atquaintaace with the rlyeuue
syster, hia elevated character a. bus,-
mss man, his methodic3l habits, his
mastery Of details, and lash but not least.
his reputation among the c3pitalls.s Of
the O'd World who f1 the value Of our
bords aid cur1ercY, even In cur own
ma1he's-all seem 10 vindiclte iho 7!s-
dom Ct General Grants choice. His
ncni. a'!cn has given satislac ion to all
s,cAots Ct the Republican rar,r e1ceot
tic high tariff fanatics and plunde1ers,
Their opposition, however, is not ens:
tledsothc smallest consideration. What
ever may be Mr. Stewards private views
cn protection and free trade, il is plaiu
that he cannot pass Law which will
disturb tie existing duties levied On i'm.
ports- Il he should prevent the
passage OF Few laws adding. to the
already erormous and oppressive bur
oe1s laid upon Commerce, be would rer-
der his country ehe greatest possible scr
vice.
While Mr. Stewart was not our frs;
choice Ter the office OF Secretary Of the
treasury, We are disposed 10 admit, after
IRISH Eurvey Of the feld, that General
Grant hss madt: the hest ealuctiop,> WE
apprehe1d thu. It will be found, In due
time, that his other selections have been
equally jcdicious. It is our earnes.
hope sId wish that Mt. Stewart may
Iemain it the head of the Treasury dur
lrg tht wao,c Of Ge7eral Grants Term.
But; is 1eurd that the eighth section
Of tic act ct Congress establishing the
Irtasutg Department. passed September
:, 1883, prohibits The Secretary, OF any Of
bis subcrdinste ofieers, from being in
,1us'et, directly or indirectly, in trade O.
AnNfhcr 41nk -
8, 1899, prohibits any OIL ,er, charged
with ihe duty Of collecting the customs,
from bring interested in the importation
Of any goods or merchandise Bo:h
statutes are provided With appropriate
penalties. The penalty under the former
act gees 10 the extent Of diEqualifying the
person convicted u1der 1t from holding
any cfice under The United S.a:es.
This embarrassment having been dis
covered, General Grant on Saturday sent
q nessage 10 Congress requesting that
Mr. Stewart might be exempted from
The operation OF the act. Senator Pal
tcssor, Of New Hampshire, IN wed, AID
Sena:or Shcrmsn supported, bill TT
pealing the eighth section Of the act Of
1883. 6ena'or Sumner objec.ed to its
consideration, and it wens .oYef under
the rules OF the Senate. Il will probably
como M To-day, and will be the main
TOPIC OF discussion bo.h in and ou. Of tho
Senate mill aisposcd OF.
- VIC are coIstrair ed reluctantly todis-
sent :1@2f fhese who favor the repeal, or
even modification. Of good Law to meet
an individual case. The section which i.
is p1opolci to repeal Is wiEe and salu-
taly pioyisioo. No ofllc&r Of the Treas-
ury Department ought TO be engaged in
a1y private busineEs where he has to sit
II judgment on his own case. Toose who
know Mr. Stewart are we'll aware that he
is not likely TO be under any influence or
bias as Secretary Of the Treasury by rea-
son Of his mercantile connection. Mr.
is 1t apparent that he could
derive aDy advantage as q merchant
trem bis position as Secretary. Tue Col.
lccto1 oi Customs at Esw York might
derive such advantage, but the Secretary
could rot, except through collusion With
8 number OF SUBJ rdiuate officers, where
the riik Of DETECTION would be very great,
and the penalty very severe. This tact
coupled with Mr.. Stewards high rcpu-
tauou. -rtndcrs it OF little practical con
ce4~-Eee <so far sho rovenuo 10 con
ce1nl1), whether the law is repealed O
not.
But upoo al enlarged v;ew OF the Gas,
we thi1 4 it is not wise to change the law
The PRECEDENT would be bal, acd the e1.
ample not edif9iug. The SUCCESS OF tht
new administration depends not only up
On doing right hut upon seeming - do 81
We think il is far wiser tor Mr. 6tewar
to withdraw from bnsfu.ss anddero!e hi
uncommon abilities to The service OF h,
uuat1y, uremba1ras5ed by the care q
mercantile establishment q. TO tax hi
whole powers, ard which must, in th
nature of thinRe, withdraw his attention
more CT less trsm the higo and rssponsi
ble duties + the Treasury. Il is no ligh
Thing frtced, to put an end to mercal
tile connection OF ever for:y years stand
irg. Iam,tying large portion Of the Ct.
LIKED WIT d.; but it must comc t
an end sooner CT later, an
surtfy it cannot hs,e more to1orab
end Than this. Mt. Stewart hss no chill
tlen to inhtris his enorm us Tell:l
Tie public are his heirs st law, and th
question for him to consider ia wae:he
he will b. likely to serve his tclsow-ne
better by WORKING for them few yea
longer, on limited salary, q. the cor1e
CT Broad say and Chambers street, o. b
htlp!ug 20 re.es.absish the public crcdi
resoEe specie payments, fund the ii
tiou1 debt At q lower rae o: 1uteres
and reduce taxation, thereby earnir
.of himself an historic 1cnowD. "
shall BE- disappointed If he DOES n
choose tie latter alternative I. will n.
be Ct he slightest consequence fiji
y!Ars Eerce whethir he, or Asto1, {
HaIctrb:ls succeeded In heapIng up It
lsrecst pile CT tollars. Bus posteri,
Will know The names OF those whoI
G1ueral Grant cslled 10 his aid in a crit
cal hour. and vii! cherish the memor
Of those ~ho performed their duty vel
TIE GENERAL INSURANCE Bull.
The I. llo~in9 is . synopsis OF the bi
now upon aahirl reading In the II u:
rf Hoy tasf nF &.