, 1840-05-30

tdhe TIE last year III the taOics tudl Vi 1903
Let others take any year that they please,
or as many as they please: take one, be-
cause | only propose to give an example;
and | take the last one in the table, because
it is the last. Let us proceed with this ex'
animation, and see what the results, actual
and comparative, will be.
Commencing with the aggregate payment,
from the Treasury for all objects, Mr.. b.
said il would be seen at the foot Of the first
column in the first table, that they amounted
to S37,129,396 80; passing to the second
column, and it would be seen that this sum
was reduced to S25,9S2.797 IS; and passing
to the third, and it would be seen that this
latter sum was itself reduced to Sl3,525,8C0
10; and referring to the second table, under
the year 1889, and it would be seen how
this aggregate of ~thirty-seven millions was
reduced to thirteen and a half. Ii was n
great reduction; a reduction Of nearly two
thirds from the aggregate amount paid out;
and left for the proper expenses Of the Co
vernment-its ordinary and perment expen-
ses-an inconceivably small sum for a great
nation of seventeen millions Of souls, cover
ing an immense extent OF territory, and ac-
ting a part among the great powers OF the
world. To trace this reductlon-to show
the reasons of the difference between the
first and the third columns, Mr.. B. would
follow the same process which he had pur-
sued in explaining the expenditures of the
wear 1924, and ask for nothing in one case
which had not been granted in the other.
I. The first item to be deducted from the
thirty-seven million aggregate, was the sum
Of Sll,146 500 O5 paid or account Of the
,rSiiic debt. He repeated, or account Of the
pubIic debt; for it was paid in redemption Of
Treasury noes; and these Treasury notes
were so much dcS,t occurred to supply the
place of the revenue ~Gc,12slted with the
States, in 1886, or shut up in banks during
the suspension of 1897, or due irGm mer-
chants, to whom indulgence had been gran
ted. To supply the place Of these unattain-
able funds, the Government went in debt by
issuing Treasury notes; but faithful to the
sentiment which abhored a national debt, it
paid Off the debt almost as fast as it contract
ed il. Above eleven millions of this debt
was paid in 1899, amounting to almost the
one third part of the aggregate expenditure Of
that year; and thus, nearly the one third part
of the sum which is charged upon the Admin
~istration as extravaganza and corruption,
was q mere payment Of debt!-a mere pay
men Of Treaury notes which we had issued
to supply the place of our misplaced reve-
nue.. This item being deducted from the 81
millions, reduces it 10 &c.
9. The second item TO be deducted is sta.
ted in the table under the description of trust
and consists of moneys received in
trust for the Chicasaw Indians, and other In
u .la,r lands tor yuhInh |
the United States act rs their agent and
1t amounts TO near 4 quarter OF a
million, to wit, S24O.694 for the year 1889;
out for the three preceding years averaged
a million and 4 quarter, and contributed
to swell the expenditures. rs they
were termed, o fI836,l837, and 1888. This
item had no existence in the year 1924; so
that it becomes a new charge, apparently,
upon the Treasury; but in realty no charge
at all, as it was only delivering over to In
dams the money which had been received for
them, and belonged to them. Yet this item.
amounting to nearly four millions in the last
four wears, is set down TO the reckless ex-
travarance of a mad and ruinous Administra-
8. The third item to be deducted is the
sum of S7l7,552 81, for indemnities; that
to say, Tor moneys recovered from foreign
under Gen. Jackson's admlnistra-
lion, for merchants who had been plundered
under previous NEUTRALITY-SUSPICIOUS. mon-
sy, when received, had gone into our Treasu-
", and was afterwards paid out to the right
ul owners rs their respective rights were
lscertained. The payment for 1889 was {
hear three quarters of o million; but for the {
.hree previous Yeas they amounted in the I
whole to about five and a half millions; and, a
according to the accusation Of the Opposi- I
ion gentlemen, constituted so much of the
lorrid extravaganza Of those years! and here I
ct US mark the difference between the pre- !
tent times and those Of 1894. When, in I
year, the sum of near five millions was I
paid out of the Treasury for indemnities to t
merchants under the Florida treaty, no one n
,ver thought OF making the people believe
hat it was a part Of the expenses OF the Gov n
rnment. No one ever thought Of injuring Q
he Administration about it. These concep-
ions have been reserved for the present day. i
Vow, for the first time in the history OF our '
or perhaps Of any country, the re- q