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Show - COHTELYOU AID THE ' SUH. V -. ' : i ; The New York Sun gives unstinted praise to Mr. . I George ; V. Cortelyou," the new Secretary of - the jJiYeasury. : VV ' .' "' . j'V Itbelieves he will -be a model Secretary of the 5 Treasury, tut it closes its article with these words: i;;f.,f'We entertain very well defined ideas about the V;-' Secretaryship of the Treasury. .We would like to r.v ' see the office wholly taken away, from .Wall street y. '- - influence, and from personal relation with individual r . banking interests; and we should also like to see its ' . duties discharged without any solicitude on the in-I in-I cumbent's part for his own political advancement' ; f- That reads first rate, but then, no Secretary of ! the Treasury can avoid more or less close connection with Wall street, for the reason that Wall street is a financial center of the United States, i Wall street is a staff that the Government leans Inpon when in financial trouble, and Wall street al-: al-: T jways has its influence with the national treasury, i The trouble heretofore has been that the Government 'has had two or three favorites on Wall street, on ! whom it depended, to the great benefit of those fa-i fa-i vored ones, but to the disadvantage of the outsiders. ! For instance, when Mr. Cleveland got his last i $150,000,000 bonds cashed he would have saved many 'millions of dollars to the people had the bonds been 1 so placed that the people generally could have sub-; sub-; scribed for them. But a bargain was struck, that a certain house or two on Wall street should have the i placing of them, and in consideration of that it was '-' i agreed that no more greenbacks should be forced upon the Treasury to be exchanged for gold. It was ia costly affair to the people, but some of those engaged en-gaged in it have been in comfortable circumstances 'ever since. Now. Mr. Cortelyou may have one of those independent, inde-pendent, iron natures that will lean upon no one. ask c6unsel of no one. but by natural genius will handle j the Treasury of the United States as did Alexander 'Hamilton in the beginning. Perhaps Mr. Cortelyou is the man. The only trouble is. that in .his career he has never had any experience in so big a field, arid the remark of the Sun that the man for the place "should also like to see its duties discharged without any solicitude on the incumbent's part for 'his own political advancement," reads something like a joke, considering that, apparently, without tany solicitude on the new Secretary's part, he has (advanced from a private secretaryship to the post of Secretary of the Treasury of the United States. |