Mr. TRUMBULL. I do not quite agree with the Senfrom Indiana that it is safe to lodge unnecessary power in any man's hands even though you have a law to regulate it. f believe it to be dangerous to the liberties of any people to put their whole keeping and the power over them in the hands of any man or set of men, though there may be a law to regulate his or their conduct. Men may be found who will disregard the law. Most despotisms have been established because there has been power in the hands of the men who established them, vested legally there at the commence ment, which they have used illegally for the purpose of establishing the despotism. But the Senfrom Indiana can see no sort of danger in vesting any amount of money and all power in the hands of a single person, provided you have a law that declares he shall not use that power except in a given way. Sir, I do not agree with him, and he rises in his place here and rebukes me, administers to me a rebuke in the Senate because I object to vesting discretionary power unnecessarily in the hands of any man, though you regulate it by law. He rebukes me for making that objection unless I am prepared with a financial scheme to enlighten and the country as to how the finances of the country are to be regulated hereafter. When he rebuked me, as he attempted to do, I said to him that I was not prepared to lay down the precise scheme by wo the Treasury should be depleted; but am I not to be permitted in my place here to object to a measureas an improper one, and to call the attention of the Senate to it unless (when it is not a matter with which I am specially charged) I can point out to the Senfrom Indiana the precise venedy? Can I not speak of an evil and show that it is an evil, and call the attention of the Senate and of the country to it, in order that we may have the benefit of the action of the committee charged with that branch of the public service, and have the benefit of the thought of the country in ascertaining what is best to be done? Sir I do not understand my duties here as the Senfrom Indiana does. I think it was perfectly proper for me to object to the keeping of this large amount of money in the Treasury, and to call the attention of the senate to it, although I might not be prepared in a debate which has sprung up here at this time to lay down the precise means of depleting the Treasury. I had stated, and if the Senfrom Indiana had thought proper to listen to me he could not but have heard that I stated long ago, that I would use this money to pay the debt we owed. I see no difficulty in using the money to pay the debt. The Senfrom Ohio has shown you that more than 100 million dollars of the compound interest notes fall due during the current year. The Senfrom NewJersey has told you that we have already taken up more than 100 million dollars that have already fallen due. What is the difficulty in taking the money you have got and paying these notes as far as the surplus will go? I see none. That is one way. Another way by reducing the taxes. I think we are collecting too much. I hope to see the internalrevenue taxes reduced and burdens taken off from the people. That will be one way of preventing accumulation here after; but as we have got the accumulation, I think there are ways enough by which we can get rid of it, although I do not feel myself called upon to devise a plan, nor I do consider myself subject to the censure of the Senfrom Indiana or anybody else when I object to this accumulation and do not at the same time Present a plan by which to get rid of the accumulation. So much for the Senfrom Indiana. I have no disposition to prolong this debate. I have been led into saying much more than I intended to say. The few remarks which I made in reference to the amendment which is under consideration, were directed to this one point: the impropriety of vesting discretionary power in public officers. I know that to some extent this is unavoidable; but I think it unwise legislation to vest discretion where it can be avoided; hence I made the remarks I did in regard to this proposition. I do not expect, as at Present advised, to vote against it, because I understand from those who have this particular matter in charge that this is necessary and unavoidable.