The new North-west., 1881-03-11
sHERMAN'S RESIGNATION
And Remarks To Treasury Employees.

WASHINGTON, March 4.-The following
Is the text Of Secretary Sherman's resigna-
ton:
To Hon. r. B. Hayes, President Of the
United States:
My DEAR SIR:-Havirg been elected q
member Of the Senate Of the United States,
| have the honor to resign the Office Of Sec
retary of the Treasury, to take effect this
day. In thus severng our official relations,
| avail myself Of this opportunity to express
nv grateful appreciation and heartfelt
| thanks for the support and assistance you
| have so uniformly given me In the dsclra.Ge
| of the duties of that office. shall ever
cherish with pleasant memories my frieadiy
association with you as q member OF your
| Cabinet, and shall ever follow you In yr
retirement from your great office with my
best wishes and highest regards.
Very truly your friend
(Signed) JOHN SHERMAN.
The Secretary took leave this afternoon OF
the officers and employees Of the Treasury
Department who had assembled in his room,
in the following words In reply to All address
made by Assistant French:
Mr.. Acklin, Secretary French and ladies
and gentlemen Il have received this mark
, Of your appreciation and kindness with more
emotion than Is usual with me. l feel that
we have served together in four years OF i'm
, portant and exacting labor, and during that
. time have no doubt that in my intercourse
1 with YOU have not always been what you
; here certify have been. l have no doubt
. that often have been abrupt, impatient and
h perhaps have not been observant OF all the
courtesies and kindness that men ought 10
exercise In their intercourse with each 0. Ier.
, Sill we have been engaged In the perforin-
ance OF great and important duties, where
1 decision was necessary and promptness IN
r dispensibe. Now In leaving you to be trans
n ferred to another specific duty, feel that !
q have 10 enemies here wish to punish, but all
s are friends whom would be glad TO reward.
e Most OF YOU have been here longer than
d have. Many Of you are Indispensable 10
a public service. The head Of this depart
10 | ment NAV change, may come and go, and
'. vet there are men whom | now address
H. could not be spared from public service and
m from this department as readily as any Sec
90 re,ary who might be named. Your duties
id are extremely important. The safety OF
n public money and public Interests all de-
nj pend upon the exactness with which ac-
Id counts are kept and the various duties Of
be subordinates are observed and performed
III without the signature of many Of you
he sign no paper of importance. The great
nd body of the duties of this department are
IN performed by you. IL is only here and there
If when new questions arise or when import
ey ant policies are to be pursued, that the Sec
ne retary Of the Treasury performs importan
bv functions. You have the custody and con
nj troll of the collections aud disbursements o
he public revenues. Upon your judgement al
,s- accounts are passed. Upon your fidelity al
a public money is preserved, and therefore u
ne | You more than to me properly comes TN
IL | credit of the performance Of duties In thl
in department. / am thankful (without an
ns loss, without any grave violation OF d'itV
he that you, and perhaps |, also, have performe
m. our duties to the best Of our abilities an
MI with satisfactory success. Our country
now prosperous. Four years ago her finar
cial conduct was one Of gloom and despor
&C. ,lency. We found our paper money beio'
no, par. We found our public credit impalre
,ut all he markets of the world. BY you
.Ie- ~. ncy and by favorable turn Of event
~ a I'd more than all, by the blessings OF
10 divine Providence, we now find our pnbi
ma credit exampled among the nations OF u
world. We find the public money Is all
par with gold and safe In the custody OF u
and Treasurer and his sub0rdnates. We find OF
me. arcountiary officers pursuing their dnti
re- evenly aud exactly, and without reproach
bill criticism. Now gentlemen | can say
de- more When leave You | desire tn ha
me-. kindly recollection and friendship OF you al
M / will be glad to shake hands with al
res. who desire to do so.
, sfl Sherman was very much affected and
iin- concluding remarks broken, and at time
mr. . almost inaudible. Many officers with who
era- Sherman has been intimately associate
that ere also deeply affected.