THE ESUB-TREASURY FEDERAL


MEASURE.
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ANY measure which has a tendency 10
increase the power and patronage of the
Executive Is FEDERAL That the SUB. Treas
ury will abnndanty produce tl.is effect, no
one will pretend 20 deny. This Sub Treas
ury scheme, therefore, to which Mr. Van
Buren, and his friends are so warmly devo
ted. is "a Federal measure 1t is the off
spring of one who is abused by the Democ
raoy as one of the rankest OF Federaisis.
By the following from the Steubenville 20
hio) Herald it will be seen that ALExAN-
DER Hamilton first introduced and recon-
mtnced the Sub Treasury. To US it looks
little unfair and ungenerous in the mod
ern Democracy to rob The old Fedora lists
of their measures and principles. and a, the
same time curse their name and memory
with the bitterest nna,hemas They appear
TO regard nothing odious in federalism but
its name-Peters6arg Fnteligencer.


alexander Hamilton was the original
inventor and proposer of the sublreasulv
scheme. which Van Buren fastened upon
the nation and for which mainly he was
kicked out of the Presidency. In 1886
Van Buren's Secretary of the Treasury re-
commended. the scheme 10 Congress by the
declaration that 1T was urgently recon-
mended by this department early as 1890"
From 1880 10 1895 Alexander Hamilton
was Secretary OF the Treasury, and OF
course stbe Secretary in 1890.


The following is the fourth section OF an
act entitled IAN act 20 establish the Treasu-
rv Department" passed the I'd of September,
1880, when A exander Hamilton was Sec.
retary of the Treasury:


Sec d. And be it further enacted, That
it shall be the duty of the Treasurer to re.
ceive and KEEP The money of the United
States and to disburse the same. &C. He
shall at all times submit to the Secretary of
the Treasury and Compt, oler, or either of
them The inspection of the monies in his
hands"


The following is the 30th Section of the
same act:


"AnG be it further enacted. That he du-
ties and fees to be collected by virtue of this
act shall be received in gold and sitcer
coin ONLY


At this time, to wit, September, 1889. that
rank old FedeTaIist. Alexander Hamilton.
was Secretary or the Treasury aud the In.
dependent Sub Treasury. with the Specie
clause. originated with him, and at the end
of fifty years. after having been abandoned
by Washington. Jefferson Madison. Mon
roe and Adams. and denounced by Jackson.
wes revived by Martin Van Buren,. who
walks in the footsteps of that old Federalist,
Alexander Hamilton l''