The Londonderry sifter. (South Londonderry, Vt.) 1883-19??, 1886-06-10
SECRETARY MANNING
Sends His Resignation to the
President.
The President Proposes Leave Of
Absences
Mr.. Manning Accepts aud WIN Take
Hest.

WASHINGTON, D, c., June 4, 1886, Tho
following sels-expla atory CORE pc dnce is
made public this evening;
WASHINGTON, d. c., May 20, 1886.
My DEAR SIR: have decided to plaza in
your hands my resignation o tho Office which
you did me the honor TO ask mo u accep ID
months ago, My reasons for this deci ION
are both pu' lie and perS mai Siuce tho
partial recovery of my health has per-
mittcd me to reflect upon the demands OF
the public service, to which had given, per-
hapS too FREQ v, all my strength, and upon
the conditions of rcsuming my iabors atyoir
sid, have not for moment ques i9aed
what must be my prcscn duty. The fu re-
covcry of my health is pronounced to be an
affair of weeks, and longer period OF rest,
especially during tn, heated months, / pre-
scribed, or at lea I advised, asa prudent re-
gime hereafter Conpl ance with this advice
would not b, practi u BIZ We're | to resume
now the &c eral drec ioa OF the treasury de-
partmcnt, even il abatugs me Of the energy
which seemed needful to spenl i'll the first
year of my work Supervision at n distance
would be more q hndnnce than help to the
acting Secretary
But it is not bclltting that department of
the governm mt SO difficult ami so import mt
should be administered by convacsccnt
studious of parryiug its dai y eXactions nor
that the watchtu control of its emo m us III
fiuence or tho direction of its fiscal politics,
even under your WISE head, shou be at
tempted by any one concerned about huS-
banding his streng,h. Tho reforms in our
fiscal policy which you have maintained, and
which h I'VE been framed and commended to
the wisdom of the legislative branch, are re-
forms necessary to our safety, binding in
honor, obligatory in tho additions OF the
Democracy, set down with promises III our
statute book.
Our present tariff laws are needless op-
preston, instead of an easy burden; our cur
rcncy is chaos, into which we pour, from
forced purchases of ono of the precious
m. tails, mechanical increment, un tcr
coinage Jaw SO illjudged and UNI
timely tina it hinders C opening of our
mjntS to the natural and unlimit, vi coin sc
of both metals, and tho free expansion of
our gold and silver coin along with tho grow
ing needs oc m ghty people. All our need
full customs revenue might be collected by
strictly revenue duties upon a few score
articles, instead of by extlavagant or pro-
hibitory duties upon more than 1909 articles.
The mere machinery ,f administration, by
its own mass ami CompleXity, breaks down
and brushes out the enterprise it assumes TO
protect.
A better currency than elsewhere exists
might be had by few lines of rcpea ing and
cmpowerin legislation, followed by two or
three years of capable administration of the
treasury, ami joined with the present saga
cious conduct oil our foreign policy by tho
state department Under the operation of
cur ncy laws and tariff laws now in force,
which you and the 49th Congress were elected
10y the people to repeal and reform.
The burdened Industries of our
country are rlunging cavity along miry
road toward forescen danger. We talk of ar
bitrating our respect We share of disaster in
stead OF knocking Off our sef-imposed letters
and releasing 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 well q itu-
lar, head of the treasury department.
The fiscal policy of the federal government
in respect to Il debt 50 large, taxation so per-
vasive and a curle ncy whichis universal, can
not fail of being a chief factor i'll national and
individual well being. Your own duty,
to which you have addrcs ed yourself with
such clear and unNinching purpose, the duty
of Congress in the premises, and the laws
which may yet be enactet! for the guild
ancc of the trcas ury department, will require
that you be assisted in their administration
by an officer capable of full efficiency and u,l
wearied circumspection
Permit me, therefore without hesitation TO
accept my temporary disability as n sum-
mons to stand aside and make way for one
Immediately capable of fulfilling every re-
quiremeat of the public service. Very res.
Icctfuily yours. DANIEL MANNING.
To the President.