Morning herald. [volume] (New York [N.Y.]) 1837-1840, 1840-08-08
Defslcatisns OF Public U. .. Omcers and
others,

Declarations OF Public U. g. Omcers and
Ma. BESrErT,
SF.-1 take the following handso picture from
document Ne. 10 ofthe first session of the 18th Con-
gress just closed. What frghtful robbery is here
presented!
we the people have lost BY disbursing
oihcers between the years 1912 and 1887. Sa,95Sooo
BY receiving officers during the same time
exclusive OF Swartwouts affair 2,O3s $50
by 4,2i2 Merchants on their Custom House
bonds during the same time, 774s3i9
BY Postmasters, during the same period, 900
By deposite Banks and bad Bank notes. $I4geb,4ls
From 1918 to 1887, as estimated by Commit
tee of the House OF Repre- sentatves, st9747N
Aggregate amount, saos7o,l4l
II this money! the interest Of it, could have been
applied TO the benent of education, how splenddy
tive thousand cadets could have been educated at
West Point. On such fund, what might not have
been accomplished, instead of beiny squandered by
set Of sharps. To this enormous amount may pro-
bab~ be added three millions for losses sustain
ed during lS37-S9 40. In fact, the whole loss sus-
tanned by the United States, by these worthy Off
ciais and merchants may be taken in round numbers
at Ss53,0OO,OOO, which, at per cent, per annum,
would give an interest of S., 100000 Let every
editor in the United States put this in his paper,
and let every voter cut and put in his pocket
leave to the editors to tell us which of the parties
have had the greatest share OF the spoils. think
that some of them afford to drink champagne
instead of hare cider.-Yet, l can hardly which
OF them is the worst; how such evil can be
medied; for, as Esop has it, f you turn out those
already gorged you will gst in set of hungry wasps
that will suck the body polite to death. What we
wish, is to give activity and prosperity to trade
and commerce, for, in such case, agriculture and
manufactures will also thrive; do we care fig
by what set of men this may be accomplished
And, if could persuade Mr. Van Buren, to abandon
his entire specie system, and adopt sound limited
credit system, would much sooner him remain
where he is for the four years. than to try any
new experiments in government or finance. 1t is as
easy to show that the entire specie system, in a
country like this, is as great hunbug the hard
cider system; and hope the people will treat them
both exactly alike is it because some officials are
rogues, some merchants rogues, or some bankers
rogues, that all men so No, all these taken
together will not make twelfth of the population
and this is not quite bad it with the head
Of our relig on; for one in twelve with him was
rogue and a banker, for he held the bag. have a
great mind to turn politician, and put both parties
right and if were of part of the spoils,
think | would do So One twelfth of the fty-thrce
millions, or perhaps less, would answer my purpose.
am not avariceus, but delight in glass Of good
champagne; il is a good Christian drink, but the
hard cider shall leave to the sinners, they ought
TO do penance; and to be compelled to drink it, /
think punishment enough for common crimes.
Now, if we had this fifty-threc millions to be i'm
proved, at compound interest, for the next hun
dred wears, at per cent per annum, the amount
would be sos Sl4 900, 00o-two hundred and ninety
eight thousand eight hundred and fourteen millions
Of dollars. Compared with which the national debt
Of Great Britain is a trine. With such fund
this, could build navy that, with American tars
and American talent, would beat the world. Ii
would then be Columbia rule the wave" The law
which distributed among the states the surplus
venue, was written by me, al my house, and trans
mi,tcd to Washington, every feature of which, ex-
ceptng per cent, which wanted from the states,
has been adopted. have since mach regretted the
distribution and if the possessed the
above fund, should vote for their keeping il, and
applying il to national purposes. You shall hear
from again on this subject. J. b.
ARLINGTON HousE, l.. BLAND,
July rs, 1917.