New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1885-12-09
PUBLIC MONEYS.

| increased within tho above period by the sum oi
| sos 0j3, 7O2 81.
PUBLIC MONEYS
The monetary transactions of the Government have
conducted through the Offices of tho Treasurer OF
tho United States nine assistant treasurers aud IL
! National bank depositaries.
The gross receipts Of the Government. amounting
during the fiscal year ~ shown By warrants. to the
sum of S56s so7 OO9 -, (S2l5, l963O3 of which
were on account of loans. United States notice AMI
certificates and conversion of rciunIug Certificate
were deposited n follows:
In Treasury and sub Treasures Si5l 21Oo9j 90
! In National bank repositories 1l7.67G,oll %
Owing 20 the largo movescnt OF money c1Lsnd b.
the exchange OF standard silver dollars I-r silver
certihoacz the deposits OF legal tenders In exchange
Tor like certificates. and the redemption OF fractional
silver con- the duties OF the officer, and omploy's OF
tho different sub Treasures have gre lily Increased
and | would therefore. recommend that inquiry be
made by Congress - the present condition OF these
oiiccs ana .uch method Of roho may be adopted rs
may be deemed roper.
The transactions with the National bank depo-are'
have bccu maize with grcl, ,nony TO the Treasury
! and to the entire satisfaction Of it, ohc'rs
UNtVNItn FUNDS.
With a vieS 10 securing needed lcgi.lation on the
subject the attention Of Congress Is called to the
various items included in the Ir~a,urer cI.E balance.
q. shown on page l. Of his r,por; 'or thc L-ot year
1852 which Ia,o from tiu.e % t.ae become unt'nl-
able by reason OF tLo p"-t oi surplus revenue "Ih
the several state urdrr Ac' OF june -, 1886, and
from n, i9llic OF public officers ana drpos'tlli.' TO
pay over to tho United state, moneys entrusted To
/ them Tor ,aic- EocUing and disbursement.
All money iu the Ir'a,ury. wherever il may be
deposited or placed for disbursement or custody l.
chn,-,d to tho Treasurer Of the rnI'sI S,htc- and
wlc il j. ob,iou- that ,a, money may br lo-i without
4Ilt On ID, part d. robbery, accident ociict'ioH OF
subIrdnl.e Olhc'I i7.J""Aot "I d'p'-'''' having
II il, M re-. or olA,.gl.r Vet be l. rcspoAtiblc aud
i 3, .,..... , 81, Ga, t,,,,I, ,..r. If, Iii.
!. chHL'd WI" ' '' sumo ~ " INV ''"' WV "a '''
own vault iur,eld OF bong dcpo''icl cl.r"AoFe.
Ibe-r itrn4 therefore arpclr a. chargc against tho
.r.. ,l, b,..,.. If cha ,,,.t., ID in ,,li,h tie
'''7"''' '"'
accounts are necessarily kept DHI ~ no chH8' can DO
made ujhlut g-lt lou. % D. deemed proncr % BRING
,b matter f., the a,trnon Of Congress for appropriate
acton
lnH history Il all IL, fact, involved m connection
with tho ici, viii be prepared and submitted to
Congress during the present session.
,tpi,.t..Y Observation-Disclosures R'roHNf.
.;..r ,, ,..,, ~ ,r,,,s ,t r,,,. ti, II f., fine
80.
dni} "I 'A' - az oI inc treasury 10 "A''''''
mnnile.s o. inquiry iatp the business of the country
,. clio ..., ,....J al ,.t,,., la th. -t,ta of our
'''' ~ - ,.
currency "ni IA INC present - ne ." our '"nruVT
Both are ht"rr' Oh N'". ','y no 49,.
c&, cpt b, tue ~"l ol u. events ""'h ""'''" ,''i
origin and their 'Hc'sr ihrI continuance lot 80 ionI
line sincr tnol IA 81 ecrc"itahc, l. rhA" Explained
10, That d"2ro" OF prosperity continuing I' p'r tn.In
which . % Tar beyond ihr "''lt' posi- ''' "''I''''
large standing armies and costly "ar-I,ri0 are an
annual cAIth''' ana N", i"''' ~ ''' -
activity "nd trade entails heavier ''i"."-. 10 many
oar prosperity Hit vel '"'m SAN factory, h,i'uIn
~ fact ever since the war 1t has been n'"lciauF
abrid ed hy unwi-c financial policy. Hut the /
continuing del rr'"n un 'crnl Ia F"1 ing d'S'7o'''
he nd on ;rs al r'" To c"n'idcf an" uAd'i''n'
some reforms which oar surplus revenues m""o
/ feasible.
these reform invite and cy'ct ~" best EFFORTS "i
American -taic.nau-lhp. .'ether patty has rf'arrH
| tine danger OF defending. q. good cNlt which b'tn |
parties were merely g.ltnE n-cd 10; H'h oI rom
parties public mon cohN't.aht WIN pHbI' 'I'' ''"
men absorbed IN earning id"r livelihood have O''h
liable 20 nilIruc. from the great lOrco oi example
/ which all governments carry; and 80 tie briici hHs
spread that the disorder OF our currency is Kind OF
order that the miNt OF p,at" jobs ana pact pnouo
needs ~ our tara, Is system OF protection 10 A1lo'"
| tabor