The Rhode-Island Republican. [volume] (Newport, R.I.) 1809-1841, 1828-07-17
FIFTY MILLION.

Economy Of The present administration.
On the 30th of Sept ember, 1915, the
public debt amounted to 10 millions aud
a half ~ dollars. On the first Of January
last, the debt amounted TO 81 and half
millions. Amount paid off in thirteen
years, fifty two millions. OF these fifty
two millions, y millions were paid niT
within the last three years, besides paying
IL millions for interest and notice is Civ
en- by the Treasury Department that FIVE
MILLIONS MORE viii be paid of on the
hrst of July next making tic amount of
debt (cXclusive OF interest," paid Of since
the commencement Of Mr.. Adams admin
lstraiion 26 millions, being just as much as
was paid off in the nine years preceding.
In addition TO these immense and unprCee
dented payments in the reduction 10 tie,
! national debt, there have been TWELVE
MILLIONS OF dollars expended, wilma
! the same time Chat il, within the last three
! years. ! for permanent works Of internal i'm
! Provemcnts. Making a total Of FIFTY
| MILLION Of dollars paid. since the cCu'.
Increment Of the present Administration,
! on account Of the National debt and for lIi-
! ternal improvements In the alne Years
! preceding Mr. Adams admnistrato the
! whole amount of the national revenue has
only been 22S millions during the last
three years, the amount Of revenue ia : OF.
I ly been y millions.-The amount Of IN
tcrest paid III those nine years we lave nS
means OF asccrtaining, but it was proper
toned to the debt due. and must Of course
been greater, for any period of three years,
than for the three yeois past-If our pre-
sent wise, pacific, and economical policy
should meet with no interruption, the hole
lof the national debt will be paid cfi by the
'jst of December 1925. But if We should
place wicked and designing men at the
head ol our ahdirs, and war should (aS it
probably would follow, the present genc-
ration will never see on end to the dcbt.
We the People.
=@a-=-ss
! FRAUp.-hnoiher instance hos occurred
I Of misconduct and villnny on IT,. rart Of =
clerk in n monied institution, arising: or
mainly produced, as there is every reason
TO believe. from gambling in lotteries. 4
J Mr.. Hinsdale, one Of the clerks of the
5 Hartford Bank, has hcen in The haEit since
G he was first employed in that institution,
7 of making ovCrdraits upon his deposits. AMI
. Of keeping the balance by wrong posting.
. This course lie has actually been pursuing
t for eighteen years and upwards: and it was
r not known until Wednesday last that dis
coyery bad taken place. The develepe-
ment created mach sensation in Har,fnrd.
lie 's deiauter to the amount of thirtv
, OF forty thousand dollars. By his own ac-
. count he has lost this sum in speculations
in lottery tickets. 1t is mentioned in a
MOI ming paper, that broker in this city
: paid HIM some years since Ten thousana
dollars. lfsuch repeated instances as have
occurred in this country within few years,
/ Of ruin, degradation and often suicide,
brought on by the spirit Of gambling. are
not Sufficient to warn those who are liabs
t te temptation. all admoniton and reason
, would be thrown away upon them.
N. Y. Com.