First, in declaring by joint resolution that the public debt shall be
paid, principal and interest, in coin; and, second, by providing the
means for paying. Providing the means, however, could not secure the
object desired without a proper administration of the laws for the
collection of the revenues and an economical disbursement of them.
To this subject the Administration has most earnestly addressed
itself, with results, I hope, satisfactory to the country. There has
been no hesitation in changing officials in order to secure an efficient
execution of the laws, sometimes, too, when, in a mere party view,
undesirable political results were likely to follow; nor any hesitation
in sustaining efficient officials against remonstrances wholly
political.

It may be well to mention here the embarrassment possible to arise from
leaving on the statute books the so-called "tenure-of-office acts," and
to earnestly recommend their total repeal. It could not have been the
intention of the framers of the Constitution, when providing that
appointments made by the President should receive the consent of the
Senate, that the latter should have the power to retain in office
persons placed there by Federal appointment against the will of the
President. The law is inconsistent with a faithful and efficient
administration of the Government. What faith can an Executive put in
officials forced upon him, and those, too, whom he has suspended for
reason? How will such officials be likely to serve an Administration
which they know does not trust them?

For the second requisite to our growth and prosperity time and a firm
but humane administration of existing laws (amended from time to time as
they may prove ineffective or prove harsh and unnecessary) are probably
all that are required.