PRESIDENTIAL ASSAULT ON A SAFEGUARD OF THE TREASURY.

First in time and very indigenous in character was the Presidential

attempt against one of the sacred safeguards of the Treasury, the

original workmanship of Alexander Hamilton, being nothing less than

the “Act to establish the Treasury Department.” Here was an important

provision, “that no person appointed to any office instituted by this

Act shall directly or indirectly be concerned or interested in carrying

on the business of trade or commerce”; and any person so offending was

declared guilty of a high misdemeanor, and was to forfeit to the United

States three thousand dollars, with removal from office, and forever

thereafter to be incapable of holding any office under the United

States.[119] From the beginning this statute had stood unquestioned,

until it had acquired the character of fundamental law. And yet the

President, by a special message, dated March 6, 1869, being the

second day of his first service as a civilian, asked Congress to set

it aside, so as to enable Mr. Stewart, of New York already nominated

and confirmed as Secretary of the Treasury, to enter upon the duties

of this office.[120] This gentleman was unquestionably the largest

merchant who had transacted business in our country, and his imports

were of such magnitude as to clog the custom-house. If the statute was

anything but one of those cobwebs which catch the weak, but yield to

the rich, this was the occasion for it, and the President should have

yielded to no temptation against it. The indecorum of his effort stands

out more painfully when it is considered that the merchant for whom he

wished to set aside a time-honored safeguard was one of those from whom

he had received gifts.

Such was the accommodating disposition of the Senate, that a bill

exempting the Presidential benefactor from the operation of the statute

was promptly introduced, and even read twice, until, as it seemed

about to pass, I felt it my duty to object to its consideration,

saying, according to the Globe, “I think it ought to be most profoundly

considered before it is acted on by the Senate.”[121] This objection

caused its postponement. The country was startled. By telegraph the

general anxiety was communicated to Washington. Three days later the

President sent a message requesting permission to withdraw the former

message.[122] But he could not withdraw the impression produced by such

open disregard of the law to promote his personal desire.

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