The Palatka daily news. (Palatka, Fla.) 1884-1888, 1886-06-08
MIR. MANNING RESIGNS.

Mr.. Cleveland Asks Him to Rest I'm.
iii October. and then Decide ~
to i.esixminR- Significant
Utterances Of Both.
WASHINGTON, June 4.-Secretary II
the Treasury Manning has sent his resig.
nation to the President, and the follow
ing correspondence IN made public to.
day.
WASHINGTON. May 70, 1880.
My DEAR SIR Il have decided to place
in your hands my resignation Ut the
office which you did me the honor to
ask mo to accept fifteen months ago.
My reasons for this decision are both
public and personal. Since the partial
recovery Of my health has permitted me
10 reflect upon the demands of the pub.
lie service, to which | had given, per.
hals too freely, all my strength, and
upon the conditions of resuming my la-
hors at your side. | have not for q mo.
mcnt questioned what must be my pres
ent duty. The full recovery Of my
health il pronounced to he an aEair Of
weeks and "a longer period OF rest, esle
ally during the hot months, is pre-
scribed, or at least advised, as a prudent
regimen thereafter.
Compliance with this advice would
not he practicable were to resume now
the general direction OF the treasury
department. even il alating some.
thing of the energy which il seemed
needful to expend in the first year Of
my work. Supervision at a distance
would I've more hindrance than help
to the acting secretary. But It is not
befittng that department Of the gov.
ernment 81 difficult and 30 important
should he administered by q GONZALES
cent studious Of parrying its daily exac-
tions, nor that the watchful control Of
its enormous influence Or the direction
of its fiscal policies, even under your
wise lead, should le attempted by any
concerned about outstanding his strength.
The reforms in our fiscal policy which
you have maintained, and which have
been framed and commended b. the
wisdom OF the Legislative branch, are
reforms necessary to our safety, binding
in honor, obligatory in the traditions Of
the democracy, set down with promises
in our statute book. Our present tariff
laws are needless oppression, instead
Of an easy burden. Our currency 10 .
chaos, into which we pour from forced
purchases Of one OF the precious metals q
mechanical increment, under coinage
law so ll-judged and untimely that 1t
hinders the openings OF our minis 10 the
natural and unlimited coinage Of both
metals and the free exemption Of our
gold and silver coin along with the grow.
ing needs Of n mighty people. All our
needed customs revenue might In col
lected by strictly revenue duties upon n
few score articles instead Of by prohibi
tory or extravagant duties upon more
than 1900 articles. The mere machinery
of administration by IL own nsanS and
comple kitty, breaks down and brushes
out the enterprise 1t assumes to psoeect.
A better currency than elsewhere exists
might be had by few lines Of repeating
and empowering Legislation, followed by
two or three years Of capable administra.
ton Of the treasury. and joined with the
present sagacions conduct Of our foreign
policy by the state department.
Under the operation Of currency laws
AMI tariff laws now in force, which You
and the forty ninth congress were elected
ny the Pnple to IeINii anu IctoIh, uhe
bur,lened industries of our country are
plugging heavily along a miry road to.
ward foreseen danger. We talk OF arbi-
'rating our respective share Of disaster,
instead of knocking off our selfimps sed
fetters and releasing general prUperi-
ty. This is not, in my deliberate judg-
ment. a time when the President can
delay to provide or afford to dispense
with an actual as well as a titular head
of the treasury department. The fiscal
policy Of the federal government in re-
spect TO debt so large. taxation 80 per.
versive, and a currency which is univer
sal, cannot fail Of being chief factor in
national and individual well being.
Your own duty to which you have ID.
dressed yourself with such clear and IN.