contest
we are engaged in appeared to me, in the first instance, just and
necessary; therefore, I took an active part in it. As it became
_dangerous_, I thought it the more _glorious_, and was stimulated to
the greatest exertions in my power, when the affairs of America were
at the worst. Sensible of the want of arrangement in our monied
affairs, the same considerations impel me to this undertaking, which I
would embark in without hesitation, could I believe myself equal
thereto; but fearing this may not be the case, it becomes
indispensably necessary to make such stipulations, as may give ease to
my feelings, aid my exertions, and tend to procure ample support to my
conduct in office, so long as it is founded in and guided by a regard
to the public prosperity.
In the first place then, I am to inform Congress, that the preparatory
steps I had taken to procure to myself relaxation from business, with
least injury to the interests of my family, were by engaging in
certain commercial establishments with persons, in whom I had perfect
confidence as to their integrity, honor, and abilities. These
establishments I am bound in honor and by contracts to support to the
extent agreed on. If, therefore, it be in the idea of Congress, that
the office of Superintendent of Finance is incompatible with
commercial concerns and connexions, the point is settled; for I cannot
on any consideration consent to violate engagements or depart from
those principles of honor, which it is my pride to be governed by. If,
on the contrary, Congress have elected me to this office under the
expectation, that my mercantile connexions and engagements were to
continue, an express declaration of their sentiments should appear on
the minutes, that no doubt may arise or reflections be cast on this
score hereafter.
I also think it indispensably necessary, that the appointment of all
persons who are to act in my office, under the same roof, or in
immediate connexion with, should be made by myself; Congress first
agreeing, that such secretaries, clerks, or officers, so to be
appointed are necessary, and fixing the salaries for each. I conceive,
that it will be impossible to execute the duties of this office with
effect, unless the absolute power of dismissing from office or
employment all persons whatever, that are concerned in the official
expenditure of public moneys, be committed to the Superintendent of
Finance. For unless this power can be exercised w
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