New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1875-04-07
The United States Treasurer-The Old
and the New.

anu tuO 1NCWs
General +. Z. Spinner, who for thirteen
years has been United States Treasurer. TO.
day tencered his resignation to the Presi-
dent, to take effect on July next. 1t was
an event not wholly unexpected, as three
years ago he had resolved to do the same
thing, but reconsidered his intention at the
request OF the legion of friends who
depended upon his remaining in
office for their retention in government en-
ploy. General Spinner could not resist the
chorus OF lovely female voices and sought
recreation abroad for few months. The
Treasurer's office, like other rookeries in
the Treasury Department, had become COW
cred with cobwebs, which it was regarded
as vandalism to remove. A new gen
Grafton Of officials, however, did not
respect the ancient webwork. and re.
Gently the Assistant Treasurer was
informed his commission would not be ex.
was promoted. leaving vacancy in that
office which General Spinner was deter.
mined should be filed by his choice, and
threatened, as usual, to resign if he was in.
tertered with. Secretary Brlstow promptly
informed him there was no opposition to his
rendering his resignation, whereat the ven
cradle Treasurer got angry and INDUCED
in series of pious calculations, but not in
the spirit of piety. 1t was a sort of boyish
y
shoulder - which really provoked the
Treasurer, and when the fight began the
Secretary wanted the resignation to take
effect Immediately. 1t was in a dispassion.
ate moment, however, he thought It better
to wait until worthy man could be found
for the place.
Ii there has heretofore been a doubt as
to who the administration depends upon
for advice, suggestion and direction, the oc.
of fn,nav Saffloc ho
Senator Morton is ''the power behind the
throne" 1t was to him that Senator Bristow
appealed for suitable man to fill the office
certain to be made vacant by General
Spinner's resignation. 1t was Senator
Morton who brought Hugh Mccullough to
the office of controller of the currency,
and Judge Frazer to the position of
American member of the British claims
commission, and his last act is in putting
Mr.. John G. New, cashier of the First Ma
tional Bank of Indianapolis. in the Office of
United States Treasurer. When the man
for the place was found Secretary BristoW
informed General Spinner that he was of
the same opinion with the President; that
when a man thought himself necessary to
the existence of the government. or any
branch of it. the sooner he vacated his office
the better it would be for the country, and
if he wanted time he must get the Presi.
dents consent General Spinner again in.
dulged in few emphatic remarks. went to
the President, demonstrated, and finally
left, with the information that it all de-
pended upon Mr.. New. Secretary Bristow.
having recovered his voice after consulting
with eminent medical practitioners. returned
to Washington last Thursday. requested
Senator Morton to send for his friend. Mr..
New, and let him decide when he would
take possession of the Office. He arrived on
Saturday night at late hour, and YESTERDAY
it was finally determined by him that he
could not settle his present business rela-
tions before July |, and Mr.. Spinner's resig-
nation will accordingly take effect on that
day.
Mr.. New is a wealthy and successful
banker OF indianapolis, and about forty. |
three years Of age. He was clerk of Marion |
County Court, Indiana, and was Quarter
master General of that State under
Governor Morton during the latter |
part of the war. While in that |
capacity he became a member of |
the Finance Board of Indiana, which |
assisted Governor Morton in counteracting |
the rebelliOus opposition Of the then Demo |
cratic Legislature. Mr.. New was invited |
account Of his financial ability, and in |
this capacity first became acquainted
with Senator Morton. He subsequently
became cashier and manager of the First
National Bank of Indiana, which position
he has since held. He is a man of un-
integrity, of large financial ex.
oerience, has been State Senator, and en-
oys the unlimited confidence of the bankers
If Indiana. He is man of family.
His eldest child lad of sixteen,
s now travelling in Europe. lie
las younger children, daughters, and
will remove bis family to Washington
lext summer. His income is estimated at
,3O 900 annually, so the salary attached to
he office has no attractions for him. Mr..
New is about five feet eight inches in
'eight. broad shouldered, his head
esting firmly On a short neck, con-
ealed by the luxurious growth of
'eard in front and a satin gloss collar be-
lind. His eyes are gray, borrowing bril-.
fancy from a ruddy countenance, al
ween thin lips. He will not be the
ather that General Spinner has been
o the thousand dependent females, but he
vill be master of the Office when he takes
barge Of it. If he abolishes the teapot
ysteln and introduces a few practical
usiness regulations into the bureau be will
rove himself worthy Of the Office. though
may disappoint Congressman who have
eretofore made an asylum of the Enited
tates Treasurer's office.-New Yor6, Eer.
ID.