FREE BOOKS

Author's List




PREV.   NEXT  
|<   257   258   259   260   261   262   263   264   265   266   267   268   269   270   271   272   273   274   275   276   277   278   279   280   281  
282   283   284   285   286   287   288   289   290   291   292   293   294   295   296   297   298   299   300   301   302   303   304   305   306   >>   >|  
ress, vesting him with that authority. To me it appears absolutely necessary, that this power should be vested in the Financier to enable him to remedy and prevent public abuses; and the _extent_ should be measured by the _necessity_ and the _use_. As to myself, I am far from desiring power for the sake of power. Indeed I think it is generally more dangerous to the possessor than to the objects of it. Consequently I cannot have a wish to extend it beyond the necessity and utility mentioned. The whole business of finance may be described in two short but comprehensive sentences, if I have proper notions on the subject. _It is to raise the public revenues, by such modes as may be most easy and most equal to the people; and to expend them in the most frugal, fair, and honest manner._ In our case the first part must ever be the business of Congress, and the Legislatures of the respective States; because the powers of taxation cannot be delegated. The second I take to be the most essential part of the duty of the Superintendent of Finance. He must ever have it in view to reduce the expenditures as nearly as possible to what in justice and in reason they ought to be; and to do this, he must be vested with power to dismiss from employment those officers he shall find unnecessary, unequal to their stations, inattentive to their duty, or dishonest in the exercise of it. In a monarchy this power need not be officially vested in a Minister, because he can have constant intercourse with the Sovereign, and by that means he is in the daily exercise of it. Where the sovereignty is vested in a public body of men, such an intercourse is impracticable; and I am persuaded that a Minister who would venture to execute the duties of his office with vigor, without possessing uncontrolled the power of dismission, would in a few months put it out of his power to proceed in his business, and Congress would have full employment to hear and determine between him and suspended officers. On the contrary, if a dismissed officer can have no appeal but to the laws of the land, Congress will not be troubled, business may be conducted with decision, and the very knowledge that such a power exists, will have a tendency to prevent the frequent exercise of it, after the first reforms are effected. I have been told, that some gentlemen considered the expressions in my letter to Congress on this subject so general as that they might be construed to
PREV.   NEXT  
|<   257   258   259   260   261   262   263   264   265   266   267   268   269   270   271   272   273   274   275   276   277   278   279   280   281  
282   283   284   285   286   287   288   289   290   291   292   293   294   295   296   297   298   299   300   301   302   303   304   305   306   >>   >|  



Top keywords:
business
 

vested

 

Congress

 

public

 

exercise

 

subject

 
officers
 
Minister
 

necessity

 
employment

prevent

 

intercourse

 
venture
 

persuaded

 

constant

 

unequal

 

execute

 

office

 
duties
 
unnecessary

impracticable

 

monarchy

 
officially
 
sovereignty
 

dishonest

 

stations

 

inattentive

 
Sovereign
 

reforms

 

effected


frequent

 

tendency

 

decision

 

knowledge

 
exists
 

general

 
construed
 

letter

 
gentlemen
 

considered


expressions

 

conducted

 

troubled

 
proceed
 

months

 

possessing

 

uncontrolled

 

dismission

 

determine

 
appeal