, 1869-12-07

3peAEDE RcnEtAlys &atE mtfeAee o. pm aau0d
% extended 10 terenno ot1eeks In tna cnsEo1a
esvtoe, such ~ col]hetoss. 1orveToz1 naval o.
ceT, aua especially to sppsslset1 md neEs
;ss npss,ssss e 1 fs q, ssasm 20
i PENALTIES, dnes, and tokst4ssaksF u Yaoisc Of
Eee1s be ADOPTED, It viii be necex1az3 T. taefeAee
eyoss q M Il ii I Ine % principal posu oi tss ooanW5.
: is plain trnth tnat ths kosernment. nas no
.gnt to expect tho ser..ess Of .1sa CON-
. tho latser dues. They sre insut1c!cM fos the
:es dc - eoTesameni IL u Dot wtiho1s respoo-
lblliky when It places til otexft 10 such pontiou
.ras theJ ase compelled To choose besNeen 6ia- |
,slafies Of the Aaststant Treasurer &n, IN prtn-
dpai cf1oer fnculd also ba increased, aadfor sub
"a ier ias il IN ys 70 sefn the
'e1y1ees Of tho nost eneaent CLERKS "a tns TreA-
III Department except hT <dd.tons to taedE taw-
!se hsnas ot tic see4etar, lor fhat ps1pose. Tna
1litr:buron Ct this appropriation Y N nHleasaat
onty tor he Secretary, 1nd s.nnos 6e o. pN1osnna
snopg the onaoe1s Of Tho depart tntnt Rpeakin9
Etuefal7, it mAJ pe nd ths1 The heads o1 bureans,
cnet clerk, asd clerks u css5en ~ o. d.y1aoas s.s
perform. Tte routine b1etneu Of tha dfps<tmeot
can be pestoirand m , 12nsfactm1 nannet hy
81 s oef ne ms1 eR as ssa
1naxntut mo government renes 1or The
proper trau1Aetlon Of he bSsncis 81 the county,
RMH H1Q1E 1kQCQU A1G uu& ~ kIU O&u1AAAf
hours Of cuty, sann16 ne maoe . teei That theJ !
are properly. oompeuB4ted. These arc two I
changes In the organization Of tho Tres5nf1 Dc
change to which refer IL the creation ot Chief
Comptroller OF the Treasury, who ahau be An-
tnoFtzed 10 eontrot nc wren q sneosntt0g y
whom III Appeals ansti nc made upon 4ceations |
at!.irR IN the accounting oaeea OF toe
eiotoea .ua e. possis nGa ,aa,c.9ea III e,e asi
foruIty 10 lhe accounting 1ygte1, Atd trust
It Ntll be IN tho poxef Of TIA oacer apealnted to
penses % II lie department 10 Ills particular. Ths
secopd change to which call attention =. n ny
opinion, eyen more important AZ p.esent these
daucs are connected exclusiveg w1sh Tho
sop e4ce.: tSs secresaf. Il ths TTeAsafJ
WHO Is Gy law authorized 70 pass nnsily
a. sst,inR n II Il smns m saGlaisiFasioa d tne ea.-
tonas revenue laws. At the present ttnie.
tic 1aseoue from customs i a large
The nnnobet Of men employed and the ae!d q "
~ nsF1 !; i 1a
lbe sJ1tem that attention which u essential TO
the coed Of the se1vice. Tha duties Of
sne soeeSn ss7c,,s o. ,; sa'om a
poEtant a. to Justify and require the excludiye
attention Of the most competent person whose ser
ne b nn % ne
euuc sJltem aud the collection OF excl4e tx 1s11-
hes the opinion thst the establishment Of tae once
Of ComutsstoLez Of Customs Rerenae. correspond
Ing IN poWcrh mud position TO that Of Commissioner
Of internal Revenue, aud The appointment Of
competent CommlsAlorcr. Nooid render the c1~
ecutton Of the customs revenue laWs much more
efficient md h8rmouI01A while the EtTenne would
pfohabIt be Increased to the amount Of maay mill
ions Of olis1p annuallr nor Is 1t probable that the
expenses wou1d be materially greater.
inciud1ng interests earned and not paid, ana
a In rob kNYtA 5Atk
ssz.e.. % DC III * Nssea lsst vas ts,ass, 4sa-
% III i; II e sss gs'enI s3s sn.p a.
sctual decrease. Considerable auns hare been
ot ~ and 9'nsr oa s.s n9t n
c!uded in spS debt statemen. Ihe a.; =,
court Of March !. from TIC nece1.xJ %, o.
The case included or tne i5.efest ,6era az
we're ou;atandIpg and oyeaSsEe iptercst coupons,
and the serera, mtlltons have tacc been ns!a o3t
ol ~ o1ains15 1svenus: r1esi % sos TitS III i
eeyCra! laane. Such measures - we1S iouha aa
psast.cahse have since been taken 70 zaeess1a ahe
sued sued ey tss III I'D a. ssates IN sd q 1niVays,
tE1e q tean, sse not Included
year ending June NJ, 1862, saere WAS N e1eea Of
on tue pnolie den., Of ~, ,toa1 1&at& OF this e.
!
tanned, arose previous 70 March i, and The r.
rnmnder, 77a ~ between thai time and the
1st tay q Jaly. 1nss exsess w1s aPPaed. from
the exeess Of the receipa since July bas beeo
used tn the same uanpeE. The PuschA&es
@ as7 Of Z So,emse, n e ssTTsst!s on A.
lsrRe pat Of the excesa OF receipts was realised
ID col1, GALES Of gold bsye bean mAde from time
.na - & e as ssg e.
| moderate amo1nt4 Of coin In Chicago, View Or.
leans, St Loaia md Baltimore for tho payment Of
hsye been made uniformly through tns United
States Treasurer in New York. aud without An5
| eIpen1e 70 government except the comparatively
The ase1sge premium On rod sold aince Isrrh
| has been 81 81 per cent, and the average pro
MUM paid for boEda has been 10 :s-1co Per cent
cha.s Of oonda, the average prices paid for bonda
In coin nal been % $500 pei eens. Tbs aet Of
y 1st CT 1ns Soo p
per cent Of the entire Indebtedness Of the United
hase purca.ssd ooads to Tie amount 81 III. 80
att designated them ~ oelonEsNx. 10
ths sioafng fund. Tss.s gorcns.4e.a ..E.r a9 r.,
! the alb Of Mazcn lat have not feat 1oJseif 40.
thuf13ed Or required TO make AM provision for tne
ures,ons 70 tPs M q .se aanass
hare purchased bonds ID addition to those put.
IL saa.eoS. Tnese arc held Is special fund. sub.
iect to the action Of Congress! and respeet!unJ
recommend That they be added 10 the stnkins
S' nay Be- H made os 10 ADDED, 1ntl DE G1os.
amount shah consulate fund equal 70 tta'
which would hare been 1satsd taeEe & esd M nsse
| citation Of the tuErencJ Us due 70 two causes
First an kcxcc1g:ye t,sue: secondly. The !ao1
n nuencs y oi i' sns csose cannot b -
eert31uet until the second u 1tTnoye1 Substantial
u. Nhenever cur credit snau bt 80 uaoca In
bonds are disposed 10 Resin snen when thI
SUBJECTS Te anal be .aic 70 jodsc more accura:el,
also true that The quantity o1 currency neeesss1,
10. the ttur&aEtiou OF the businea1 Of the countr
e a1sa e sn9s re
currency nss oeen wltiiEATn nom othel secslon
neeessafy for tho purposes of tie South vii
steadily Increase tot the mkt txo sI3 .I1aIa
!ns construction 2. tns rse'ae G H@ aer 20 ~
, the reoptc On the Pacific coast: Il u pfoaeh
tnat The dtuaa1d for paper for that puIpose ~
eon,equeuee H q M very isrsc qaaastty of coin Viii
. Withdrawn from c.fcGlstlon, and thus pracHcAl!
tbe colo Will le lncEeated 1poo tas Atlantic Ce.s
3 Tbese cnncRes viii scDd to diminish the tine
+. eoaDfe 10 fHsae pa v n5 d.
70 NJ tpee.ai L Stslaron upon hit san}oct bat
the condition o. IT. industries A16 70 II. fasnci
: WI Be ncre OF lesa dependent On tne genefA pe e
i ,cI Of the Eoyerurcnt Tne war t1hansssd n
q T.. n.ss, 'ss1sr wsas ~ Re
Z fsTy ccnat,ion FOR the resumption Of sseete "a
: merits VA The DEVELOPMENT ot the
sas'f' sas Ss., e the and 1'1l'n tnc ' ea,esse e
d accumulation of the movable ptoductaot ins2assl
to tueh - e1ten. nat oo5 s1E3t = ., 1 .noe , ~
sofsa lone o. ssees.. a @ pa1 fos
i. imported bJ the transfer OF government bonda
Il other ey:dences Of indebtedness % otocl eoa
u tries 20 long II viii be inpsss:t:anle to Ses11
Il md mk1pta,n Gpcc1e payment Nnen tns p
4. dura9 OF industry exported shsl be equal suhlta
1t allJ to me products q osaet eountsss u @po1e :
70 iasi cur ponds eeid aorosd a1e seut home, 70
e., %:tss e. e4ss aea s. n ,se s.
.sasa y ESroPf .nq te1s ny y met
81 sasa 9s eosas ss Ia
=: Be- uan1{esrrd to capitalists f3r permanent
vessneat When r.! cnaass snali ,i h.Es Y Y
ed sent nolae urder The Influence OF t.o!!tt
u. Or financial d,ataEosnees y Eoxhod III
m ae eSporss, ~ % exe,1s,1e q ppe:e seeu,taes ta.ll
equI o cur imports, 1pec:e payments my b
Sc osae e. oessRy tsae9 ses
~ autnostze tho f113inT Of The whole AnoQnt Of
eE topda which. II Is now anticipated. Etn ne
ia etsrdtrr On the III Of July ntxf. but that y
- t0o,o0o ii least should be suffered TO ren:
"a ether 1oE p1Itn4st or Esdemp'
sfy previous 20 is.t Sho1ln ,.S aS
~ tic cnure public deb, would ee IN eond1tso1
I'D ne easuJ redeemed between 1874 ana 1ssl.
ltJ 1910 nonda e6ua pe PAa Ana IN ~ ~.
Uf Tor the feaa1opsson OF uoaa4 wR11A ~ -
oac lie proposed han 70 Il. eco ooo eoo walen VI
f1Y DAYEuEM
AZ 1ss1 tic SIN OF abous $50, nj, 900,
nd hardly mora Than seo, 300
ors- Assuming tnat the proposed loan VIII D. t2l
hi auount rot exceed.ns 81, 80 eee COO, recoH1
ion InAS /. pe offered IN iafte clasee8 q tt0o o1
- q cacn tna ntst ciass to be pay&h:t IN nlsta
,eus 10 be p2.d n twenty Jesc1; the second ga