The weekly chieftain. [volume] (Vinita, Craig County, Okla.) 1905-1913, 1910-12-09
Secretary of Treasury Submits His Annual
Report to Congress---Recommends Cur
rency Reform Extension of Scope of
Banking Laws and Exclusion of
"PracticaP' Politics from
Customs Seruice-De-
clares Present SyS-
tenn Truly Panic
Breeder.

/ 1t there is no prospect of immediate
change in the monetary system the
secretary thinks the American ma
tional banking system should be de-
veloped to perform an international
function. There is a clear need of
banking facilities in foreign countries
where there is American commerce,
he says.
1--WE shall never be a full-fedged
commercial nation" he says, unless
we have merchant ships or our own
and foreign banks of our own We
should have banks at all ports that
are important to our commerce"
The treasury's relations with the
business communities are unbusiness-
like, artificial and burdensome the
secretary declares and he recommends
| legislation to permit the payment of
revenue to the government by certified
check guarding the government
againt loss
| hC IldL TIC tlGCS-
ury be authorized to issue gold certi-
ficates against gold bullion and foreign
gold coin is renewed.
Reviewing the discovery of frauds
and the subsequent reorganization of
the customs service, Secretary Mac
Veagh urges appropriations for re-
wards to those who aid the govern
ment.
The rehabilitation of the customs
service at New York has been marked,
he says, by decided elimination of
spoils. influences and practical politics.
American travellers are more and
more realizing the indefensioleness of
smuggling, its rank dishonesty and
bad example and influence" says the
report.
Recommending a study of the classi-
fed system of employees the secretary
declares that a civil service retire
ment is absolutely the requisite of a
satisfactory system The contribu-
tory system of retiring allowances, the
secretary recommends as the only one
which has a chance of adoption and
as best for the men and women of the
Iservice. He urges their friends to con-
lcentrate upon that movement. A com
plete state of efficiency in the govern.
ment departments, he says, is impos
sible without some way of retiring
: clerks in a just and humane manner
Secretary MacVeagh strongly rec
ommends that all non-political Offices
be included in the classified service
Assistant appraisers of customs should
be detached from politics for the eff
cheney of the service he says. Tho
secretary pays a high tribute to the
men Of the life-saving service and
urges some form of retirement fol
them
AS the economies of administration
which have been infected in the treas
, Jury department are reviewed, the sec
FSIdTy pduS0S U Jake HOIlCt VI d SIdlS
ment made by United States senator
that the business of the government
could be conducted with a saving o
, $500, 100000 year.
: Secretary MacVeagh says:
: ''The popular impression as to thu
extent of possible economies in thu
2 administration of the executive de
: partments is singularly exaggerated
, and this misconception is very harm
f full When the public expects tha
: the government can save 5000, .00
r a year, such small, laborious saving
] as can be made in the executive de
: lpartments hardly seem worth while
9 And it is astonishing that under sucl
e circumstances in these comparativel
+ small savings can be maintained
e These savings can only be disappoint
j, ing to the public who have such fig
n ures as $500, 900, 900 in mind; and the
# cannot receive any popular credit, 70
t they can only seem to be small trifling
with great things And yet they ca