ich had been replaced by the application of money in the
treasury arising from domestic resources, to the purchase of the
domestic debt.

The secretary had not deemed it necessary to communicate these
operations in detail to the legislature: but some hints respecting
them having been derived either from certain papers which accompanied
a report made to the house of representatives early in the session, or
from some other source, Mr. Giles, on the 23d of January, moved
several resolutions, requiring information, among other things, on the
various points growing out of these loans, and the application of the
monies arising from them, and respecting the unapplied revenues of the
United States, and the places in which the sums so unapplied were
deposited. In the speech introducing these resolutions, observations
were made which very intelligibly implied charges of a much more
serious nature than inattention to the exact letter of an
appropriation law. Estimates were made to support the position that a
large balance of public money was unaccounted for.

The resolutions were agreed to without debate; and, in a few days, the
secretary transmitted a report containing the information that was
required.

This report comprehended a full exposition of the views and motives
which had regulated the conduct of the department, and a very able
justification of the measures which had been adopted; but omitted to
state explicitly that part of the money borrowed in Europe had been
drawn into the United States with the sanction of the President.--It
is also chargeable with some expressions which can not be pronounced
unexceptionable, but which may find their apology in the feelings of a
mind conscious of its own uprightness, and wounded by the belief that
the proceedings against him had originated in a spirit hostile to fair
inquiry.

These resolutions, the observations which accompanied them, and the
first number of the report, were the signals for a combined attack on
the secretary of the treasury, through the medium of the press. Many
anonymous writers appeared, who assailed the head of that department
with a degree of bitterness indicative of the spirit in which the
inquiry was to be conducted.

[Sidenote: Resolutions implicating the secretary of the treasury
rejected.]

On the 27th of February, not many days after the last number of the
report was received, Mr. Giles moved sundry resolutions which were
founded on the informati