The Hillsborough recorder. [volume] (Hillsborough, N.C.) 1820-1879, 1842-07-21

oref Tweniy-Six miIiions which rame
irno The hznls Of he Van Burn sdninis.
ua:ion arsr snd cbOvs the srcruing rrre.
nne. When Mr.. Van Bnrrn went on
OF osEee. The Government owed some
where saoul e5. 500. 900 in The shape 81
Outstanding Treasury notes. FrUIn this
Il j. apparent. lhai If Mr.. vsn Barren had
commenced his administration with no
surplus on hand. ihs government 1t ihs
Gloss Of that administration would have
been indebted upwards Of thirty millions
u dollars. In the fare ofsneh facts. how
can The leaders Of that parry have The -.
surance 10 assert thar The Wings are bla-
mable fpr terroring money 10 pay The
debt Of Mr.. Van Bnren's administration!
He and his friends went into power with
an overhowing treasury and retired from
Office deeply in debl Yea. they were
resorting 10 The device OF Treasury noles
during nraFly the whole az his term.
How Then can the Wings be blamed. WIN
on succeeding to Office, and finding The
Treasury bankrnpt-lhe public creditors
suffering for their Just dues.-sdopied.
what they regarded. The best means 10
save The Government from dish0nor!
The debt which Mr.. Van Buren, had tx
ed on the Country was bequcaihed 10 the
Wings. They have il 70 pay-and let US
now inquire. what was the amount Of
that debr! The following extract from
the speech Of Mr.. Meriweiher. disiin
guishcd member Of Congress from Geof.
gin delivered 81 the present session. viii
throw sufficient light on the subject.
Let Us see, Mr.. Speaker, il the gem
Ileman from New Hampshire did correei-
" state the liabilities Of the Government.
So FAR from It's being The liule debt"
spoken OF. the amount Of the debts and
Liabilities, on the 4lh OF March. 1871,
over and above all the means which the
Government possessed Of making pay
mcnt. is almost s25. 10000 But, sir. |
will read Won the several items which
compose this mass.
Treasury notes outstanding 4ih March.
1871, written 'sihe United States pro
mise 70 pay, one year after daie, 70 -
or order. dollars, with interest
al the rate 81 - per cenium."
w. Selicn, Treasurer Of the
II. s. 1925, sal
Debt due in Holland. assumed
for cities in District Of CO.
lumbia, hearing an annual in
teresl If S7s,l44. (see dncu-
meni No. 2, lilo. Reps. I'd
sess. 26lh Congress, p. g. l,i40,000
Amount due navy pension fund,
for money used by Govern
meni, see Senate doc. li6,
81 sess. 25lh Con .. l,li3,G2s
Amount due twelve Indian
tribes to vii: 0ilowas and
Chippewas, Osag?s, Della
wares, Sioux Of Mississippi,
Sacs and Foxes of Mississip-
pi, Sacs aud Foxes of Nilsson
ri. Wianebagocs, Crooks aud
lowas, which the Govern
ment agreed 10 invest in
stock. bt which they have
failed TO do. and pay an annu-
al interest ON the loan ofsl3l,
095. (se.. doe. No. 2. 81 ses-
sion Goth Congress, IL. r.,
page a7s, 2.5so,OoO
This amount is exclusive Of
an annual charge on the Trea-
sury for lulilmeni Of treaties.
amounting to and varying ac-
caading To Treasury esli-
males between $50, goo and |
sl,l5O. 300.
Imnuat due Chippewa and 0t-
iowa Indians, 10 he paid in
twenty annual instruments
seventeen amuilies vet obe
paid, tsee document No. 2,
ID session, Goth Congress,
lilo. Reps. p. asI.l $4,000
lmoant belonging to Indian
tribes AMI which received in
iruSland conrcritaa zee same
documentpp. 27o,2s0,2sl I29,3ss
.noani due Florida militia for
services rensle;cd before 4lh
March 1911, and which was /
provided for IN bill which
passed Congress, but inoIaie
10 receive The signature ofihe
President. tsee ,lDc. No, ID,
III. r.. lst session 9th Con- /
gress. p. g. 5l1,6Ol
mount due Georgia militia in
same situation as debt 10 Flo
rida militia, (see same docu-
mcnt anil page.) 1915
mount due By Post Office De- Il
partmenl to contractors and +
Others. by a deficiency of
means on Isl February 1871. II
and BY the extra session had L
increased 10 the appropriation Il
then male Of Si97 900, (see l.
reaor,ofP. NJ. General, Jane.
1911 $4,000
m luni due on arrearages TO
contractors for taking care of +
pablic works, for wGk. d.. l.
(sse doc. No. 30. 10 Reps. Il
Isl SEES. 9th Con-. p. H. 27,o03 I
mo INT Of funded debt of late =
.