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The case is one which imperatively claims the attention of Congress and furnishes the strongest motive for the establishment of a more severe and secure system for the safe-keeping and disbursement of the public moneys than any that has heretofore existed.
In respect to the other portion of the money namely, that which is to be employed by the children themselves as spending-money, the disbursement of it should be left entirely at their discretion, subject only to the restriction that they are not to buy any thing that will be injurious or dangerous to themselves, or a means of disturbance or annoyance to others.
He pointed out that the treasury surplus was mounting up to $140,000,000; that the redemption of bonds which had afforded a means for disbursement of excess revenues had stopped because there were no more bonds that the Government had a right to redeem; and that, hence, the Treasury "idly holds money uselessly subtracted from the channels of trade," a situation from which monetary derangement and business distress would naturally ensue.
Whatever system is adopted, such an enactment would be wise as an independent measure, since much of the public moneys must in their collection and ultimate disbursement pass twice through the hands of public officers, in whatever manner they are intermediately kept. The Government, it must be admitted, has been from its commencement comparatively fortunate in this respect.
If he meant to ask Alma to marry him, and of course he did, an indispensable preliminary was to make known the crude facts of his worldly position. Well, he could say, with entire honesty, that he had over nine hundred pounds a year. This was omitting a disbursement of an annual fifty pounds, of which he need not speak the sum he had insisted on paying Mrs.
The most obvious way of doing one's duty in this regard if one is wealthy is to purchase a peerage, or a Baronetcy at the least, and when I consider how very numerous are the fortunes to which a sum of twenty or thirty thousand pounds is not really a sacrifice, and how few of their possessors exercise a tenacious effort to acquire rank by the disbursement of money, I cannot but fear for the future of the country!
WASHINGTON, April 18, 1824. To the House of Representatives of the United States: In compliance with a resolution of the House of Representatives of the 13th instant, requesting a detailed account of the disbursement of the sums appropriated by the acts of the 30th April, 1818, and of the 3d March, 1819, for making certain improvements in the grounds connected with the public offices and the President's house, I transmit a report from the Commissioner of the Public Buildings, which contains the information desired.
A public treasury was undoubtedly contemplated and intended to be created, in which the public money should be kept from the period of collection until needed for public uses. In the collection and disbursement of the public money no agencies have ever been employed by law except such as were appointed by the Government, directly responsible to it and under its control.
The safety of the public is much increased by this feature of the law, and there can be no doubt that its application to all officers intrusted with the collection or disbursement of the public money, whatever may be the tenure of their offices, would be equally beneficial.
The safety of the public is much increased by this feature of the law, and there can be no doubt that its application to all officers intrusted with the collection or disbursement of the public money, whatever may be the tenure of their offices, would be equally beneficial.
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