Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1886-06-05

WAsHISGToN, June 4,--The following
self-explanatory correspondence Is made
public this evening:
wAsaISGroN, May 20, 1856 My DEAR
SIR, l have decided TO place In your
hands my resignation of Office, which you
did me the honor TO ask me To accept NJ
teen months ago. My reasons for this de-
cision are both public aud personal
Since partial recovery OF my health
has permitted me TO reflect upon
the demands OF public service to which
had given, perhaps too freely, all my
strength, and upon the conditions OF re-
Stunning my laEors at yourslde, lhaye not
for moment questioned what must be
my present duty The full recovery OF
my health Is pronounced to be AN affair Of
weeks louger. A period OF rest, espe-
cially. dr ~ the hot months, is pre-
scribed, or at least advised, Us prudent
regime thereafter Compliance with this
advice would not be practical were
to resume now the general direction
OF the treasury department even IL
abating something Of the energy which II
seemed needful TO eXpend In the first
year OF my work, and supervision az
distance would be more hnderance than
help to the acting secretary but II Is not
behttlng that a department OF govern
ment so difficult and 80 important should
be administered
BY A CoNYALgsCENT,
studious OF parleying it's daily exactions,
nor that the watchful control of its
enormous influence or the direction Of Its
fiscal policies, even under your wise lead,
should be attempted by anyone con-
cerned about outstanding his strength.
The reforms in our fiscal policy which
you have maintained and which have been
framed and commended to the wisdom Of
the legislative branch, are reforms neces-
sary 10 our safety, binding in honor,
obligatory on the traditions of the De-
mocracy and sci down with prominence in
! our statute book. Our present tariff
laws are a needless oppression instead Of
any easy burden. Our currency
IsA CHAOS
| into which we pour from forced pur-
chasers OF one of the precious metals u
mechanical increment under a coinage
law so Ill judged and untimey that It
hinders the opening Of our mints TO the
| natural and unlimited coinage OF both
metals, and the free expansion Of
our gold and silver coin along
with the growing needs Of mighty PEG.
pie All our needfui custom revenue
! might be collected by strictly revenue du-
ties upon a few articles instead Of by ex-
trayagGnt or prohibltory duties upon
more than l00c articles. The mere ma
ehinerv OF the administration by ITS own
mass and complexitg breaks down and
brushes out the enterprise II assumes
to protect. A better currency
than elsewhere exists might be
had by few laws repeating
and empowering legislation by two or
three years Of capable administration OF
the treasury and Joined with the present
sagacious conduct OF our foreign policy
! by the state department. Under the
operation Of the currency laws and tsrid
laws now IN force, which you and the
Forty-ninth congress were elected by the
people 20 repeal and reform, the bur
i dened industries OF our country are
plunging heavily along a miry road
TOWARD FoREsKKS DANGER.
We talk Of arbilrating our respective
] share Of disaster instead Of knocking on
! our self.lmposed letters and releasing a
1 general prosperity. This Is not, In my
deliberate Judgment, time when the
president can delAy TO provide or afford
| to dispense with an actual as we'll as O
/ tituiar head OF the treasury department.
The fscal policy Of the federal govern
ment In regard 70 debt 80 large, a taxa
ton SO peryesiye, and currency which
Is universal, cannot fan OF be-
| ing a chief factor OF national and
individual human being. Your own
! duty 70 which you have addressed your
self with such clear and unninching pnr-
pose, the duty Of congress 10 the prem
ises and the laws which may yet ne en-
/ actad Tor the nnidAnre Of the treasury de-