The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1874-03-08
0~' 80 w
POINTA ON lion


Total. ..s6sssOo5 sl46665ls
POINTS ADMINISTRATIONS
shall not stop to comment on me remarkable and un.
Is impossible that any answer can be made to them No
But these 90 not comprise wrong hat the people
pretended within merely matters Of
category Of republican ACKNOWLEDGEMENTS. i propose to
refer some not an Of them The time allotted TO me
The laws passed during the and probably made
upon the people But what was excassSe then can
og r Sst bs %9d Or re Re
exception Of reduction OF ten per cent IN the tariff and
The evil list as already shown has been enormously in
and as e to pses sns
and to eontnns the created during nm tns war s
years
sSinsS y! SIS sod s%d 81 svST q
Coined and ne balances have made bars and
SSTl That ms h s1r S nss n
nave silil naRalned and increased she paper money
81 he s our public
ss95 Se fss'i been had welded to
its % inc or ng
I par @ Tine PaRc of last M and
within SIX months, producing national dishonor have
& not the now BE- this p pa ad
the fatal policy of anticipating the public debt been
DIVING INTO THE TREASURY.
hTes months after the ne e the
Of the Treasury found himself in possession
ans "s9v: rs %
sss.S eO had been aecupaaed within three months
h ,so@ sacred s tSgnaatiSn 5ede@p
the Of dd aeG Ge W
% [edemP0a Of the b9naed debt NOT NOT then due
and insisted upon continuing the runons war taxan9n
Of bond The iirs year up upon Witch he paid
premIum met 81 so shns paying n bonus cut o. the
Timed injury he ndas5ry q he eoantfy By lie
a"s aaS aa By the q the funded a
the bess' Issued s hs 81
f april 49, ana upon SSc
s ssas ns$ 6 sssl I'd Il sSs
ne Rs =
ereasng the public debtor IMPOSING more taxation II
Is aGu n w9 e e wJS %
thought OF merchant who anticipated the payment Of
The % q tn %s 70 De wf n
payable on demand and remained dishonoiedY
am Opposed both to the expansion Of the pubic debt
have S ssay s
solidarity Of the Union and Just To- leave pos,ery
of the burden and all ourselves Therefore
a we have to specie nay%es ana
ally lessened the existing taxation. H. when that is
ated TO lessenng the bonded debt, am quite willing TO
do AS Illustrative Of the evils which flow from the
runous policy which has been adopted with reference TO
the payment Of any portion of the public
ury at this time. The falling OF in the
revenues growing out of variety Of has
left the Treasury only depleted Of insufficient
to meet Its current obligations but has also compelled
the secretary OF the Treasury to lay his hands without
authority Of law In my Judgment upon reserved fund
having been permanently Withdrawn from circulation
He compelled TO do this 10 place the government
before the world in condition Of bankrupcya state Of
things the natural result OF diversion oil the surplus
me consistent with any safe principles OF finance
THE xofEfy SCANDALS AND CUSTOMS ABUSES.
Public attention has recently been called TO the sub
moetes which the perquistes of government
officials employed TO protect the Treasury outside OF their
regular salaries compe nsation incentive TO them
the best Of their ability when receiving their appoint
There other country that pays its leading
officials anything like much as we DO
nor is there any other commercial or maritime nation
that affords those officials the same facilities Tor accu
muating enormous wealth as the United states In
The regular compensation OF the Collector Naval Oncer,
and Surveyor of the Port of New York. not including e
ures and other perquises, may be falrly stated at
S1LUU year each. The duties devolved uIon these
Otcials mostly performed by subordinaes. leave
OF absence tor six months could be given 10 either of
DECD II quite practicable and consistent with the pub
&c good 10 comprehend the duties of the three mi one.
Until recently paid the President Of the United ates
nut tk5Vu year, and can reason why Custom
House ofncia with little responsibility and no labor,
o shoed ne pad nearly as much true there are
iucai. If not ofnoiai. dSsss to perform they