Almost no one who has served at the Treasury can help but feel pride at the integrity, vitality, and importance of the institution. With a heritage going back to Alexander Hamilton, time after time it has had to grapple with the economic and financial problems facing the nation--and come up with solutions. Treasury must not get tied up in trying to please every constituent group represented by some political hack in the administration waiting to move on to his new lobbying job. It must start with principles and follow them to their logical conclusions.