Report OF ths-sAusss~ry OF the T1'eNsury-A


View system of National Finance
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Report OF ths-sAusss@~y OF the T1easury-A


New System OF National Finance.


This report, gwen to-day, is one Of the ablest
c!earest and profoundest documents Of the kline
which has ever emanated from the Treasury De
pEtment its views and reesenings in favor Of q
revenue tariff and an independent treasury, com
blned, as general system, are entirely conclusive
and reflect the greatest credit upon the mind which
originated such principles, and the mind which has
reproduced them. MIR. Walker, on finance vii!
create deep sensation. Mr.. Walkers letter, also.
upon Annexation, produced great effect, two years
ago. throughout the Union from the cearness Of its
principles and developments. II produced evident
ly the same effect upon the minds Of all think ing
and intelligent persons which the present surprising
production viii DO on the commercial and financial
clisses-that was complete and mastery from be-
ginning 70 end-through and through, and round
about So is the present.


We speak IN these warm tarms concerning these
documents, BECAUSE we have Certain feelings and
an undisgulsed paternity towards the principles and
ideas they contain. We could not sneak otherwise
IN relation TO our own offspring, even although hid
under aay other mans habements for, accord
Ing 10 the Holy Apostle Paul. " He that doth NOT
care for has own o6P'ing hath denied the faith, and
is no better than a h,athen"


Now, The fact is, the whole scheme of finance
developed IN the report, embracing the tariff and
suo'lreasury, operating as a general system
upon The currency and commerce, which is
SO ably described in the treasury report of
Mr.. Walker, has been all uken-body, boots
and hreeches-irom the columns OF the Ntw
York He-aid. It's the very plan Of national faance
which we have been endesvoring to impress on the
intelligent public mind and the ignoran, politicians,
during the last two years. equally embracing in one
general systematic tariff and The system OF cur
rency-which united. will produce the hes, protec.
ton, and Al the same time prevent inAations and
p,ncs, Mr.. Walker has ingeniously taken up
these principles wthou, acknowledging their patrr-
nifty, as he did also in the case OF Texas annexa,
That famous letter relating to Texas, was entirely
re production Of the views detailed Ia the Ns,c Yo,k
Herald, during the eight previous years Upon irs
publication, Mr.. Walker sent an sgent on ia thus
city, desiring 10 publish this letter and give il
fame. We were not, however, willing 10 do so, on
account OF It's great length, and at our expense
At last, after much negotiation, consented to
publish II as an advertisement What was the
RESULT That advertisement has never been paid 10
this day. 1t was repuda atsd, as Mississippi did her
debt ;and now the distinguished Secretary OF the
Treasury re-produces our views and principles on
national finance, and pays Us of in the same mode.
We must acknowledge, however, that the Secretary.
in the treasury report steals other peoples ideas and
principles with far better grace, and much less
moral enormty than ne did in the Texas letter
Give the devil his due.


Thus we admit, from the bottom OF our heart md
feelings, and al around the circumference of our
old coat, that the Treasury Report is the very bes
that has ever proceeded from that department, and in
the present instance only inferior, and hardly infe
rlor 10 the great message of the Napoleon Of demo-
cracy himself. Mr.. Walker is a great man-so am
/. Both must produce an explosion.


NEw YORK PLoTA9g.-We regret 10 say thar
this great port is becoming seriously injured abroad
by the numerous accidents that occur in getting v..
sels n and out OF the harbor Ships, with pilots on
board, are run ashore; the shippers of goods put 10
great inconvenience and lass and the owner, OF in.
surance stock injured in the value of their share.
Is there no remedy for this Are the lives of hun.
dreds, nay, thousands, to be wantonly hazarded bv
the folly OF one or two Individuals


Within the last week the packer shin Eurone or,.
ward bound, with supplies OF food for the starving
people OF Ireland, run ashore in broad dav light





wh important news from South America. me,
WIN IKE misfortune, and her owners put to con-
siderable expense 10 repair the damages sustained
4nese two events have occurred on the edge Of
the winter; and If we are TO Judge from this ule
experience, the few ensuing boisterous montbs omen
with view somewhat frighfu 10 behold.


j sffords us not little satisfaction. however to
state that neither Of the above vessel, were in charge
nj pnNp NJ he ,lJ NJ. W


There are three classes of pilots for this port the
regular New York pilots; the New Jersey pilots
and the merchant pilots. The first class number
ABOUT elgh'y experienced men, who were born and
rocked IN pilot boats. They have about dozen
sp'endid schooners, which are continually cruising,
.ifeqnenly 10 the distance OF three hundred miles
a. sea lhey appear on the edge Of the hori-
zon, miles and miles distant The second cla.s
nave been produced IN New Jersey, a State owning
Itte or no commerce. They number about twenty.
ano own two or three boats. The third class are =
punt sci OF chaps, generally apprentices from the
New ork boats, but who have not VET been six
inonins as Pilots They have been started into exis
tence by a lew men IN Wall street one Of whom i
superintendent OF wrecks, and another a char,
dealer, and, therefore, anxious 10 discover all ,bs
shoals and shallow places in our harbor This i
t4ny commendable, and probably legitimate enough
N It's way; but II Is TO be hoped that our govern
ment will not appoint the merchant pilots. or snv
other class OF pilots, TO survey our harbor with
packet ships and packet barques Vessels Of les.
drait OF water, and without passengers can be OBJ
tanned IN plenty for thu. business


There IS noia harbor in the world the. po,sesse,
pilots OF so much skill and experience as he repular
pilots OF New York possess. They have been 40 lor
IN INC o' slness--so drilled in it-so competent for
h-'hat their charge, scarcely vessel ever oe,.
ashore; and II those interested in the welfare Of This
great city, IN the safety Of the thousand, of lives
that annually pass in and out Of this port desire
permanent good IN this matter, they will ask Con.
gress 10 have the potage Of this harbor re0ul,,sd
snd given to those TO whom II really and rieh,fuv
belongs. Men who have spent their hives in acon;r
Ia lie necesearu IL Ill 70 hecnaao ...l..-