Burlington free press. [volume] (Burlington, Vt.) 1827-1865, 1843-04-21
EXTuAt rs FROM Az ADURDSs
Nf The Whiys of virginia, assemble, IN state
Convention on the 22 da Y of February last.
CONDITION OF TIE COUNTRY on Mr.. VAN EUR
AccEseILN TO HE rpEsIpENCY.

CONDITION OF THE COUNTRY ON Mr.. VAN BURES
AccEssitN TO THE rRrsIpEScy.
E's''o,c Ciii.cns: You are familiar With the me-
no,iablr declaration OF Ger. Jackson, IN 1887 on
his retirement fon the Presidency, TINT he t ihis
great people prosperous ard happy; in pence with all
nations and Furnishing beyond al former example"
Eut the slgnrrIs statesmen who opposed his violent
r,rosur, sihe removal Of the deposits and the n1a.
ton Of the State Banks-f,re,od, with the nccu,sry
Of inspiration, the evils that INNS, inevitably follow
his interruption of the commercial relations of the
country. What was the character Of this PROSPERITY |
was soon visible III the sudden and nverwh lining
revusi'n, which, IN less Than three brief months |
iollnwed this scf-complacent vauni. he public ,
debt, ii is t.ur had been discharged, under The
thoriy oi an annual appropriation of Ten Millions as
a sin ING iind, beginning IN 1871 from the abundant |
mems flowing into the national Golfers fiom the rus
toms and from extraordinary sales Of the public do
main. The Treasury was moi only dl encountered |
of all lis engagements resulting from iwn wars but
n lntre surplus had b,rn dsirhut d tn the States
An ample nad was transmitted 10 Mr. Van Buren, by |
his predecessor and the party whh. FIR eight years
had revei,d IN the sr0IS, entered upon new nse
rf Office, with huoyan' hopes of glorious harvest |
for eight years more But the seeds of disease were
sown So deeply in the commercial sse'em Of the |
country, thar there was not IN dninuiion in the |
irc'rpts from the crs,ums. Of more than nnphn in
1887, but n falling Of n the land fund from tho
enormous anoun, ~ i-enty fire millions IN 1896 To
millions in 1887!
But wlih this rand decline of the means Of the
=, lc, whether the reduction of expenses
kept rroporunaie pace. Facts speak too audbly
und intelliph'v for contradiction.
From official statements OF the Treasury Depart
men nv Mr.. Woodbury.. it appears that On the ]
iny Of Janu,rv. 1897, there n surplus in the
Treasury arising from o,dnary source of revenue. Of
SEVENTEEN MILLIONS ONE HUNpRED
THOUSAND DOLLARS!! 100000
Adiiriona sum ncctuinG from Jan l.
1897, to March 4. lsil. ON other
than ordinary sources, (Bank U. 5.
&c) 9l25,t 90
When the cxtravngance Of he party
ran beyond the income of ihslDfs
ury, so rs 10 require The 4t Ma
mcnt 10 the States TO he WITHHELD,
Treasury Notes an horned and
these were ISSUED during the four
years mp to the Alb March, 1871, to
the amount OF 5.6oO,OOO
Total, s3l,s75 600
Making in ALL from otter than the REGULAR receipts
from the customs AMI the public lands. during Mr..
Van Bnrnns term, nearly TIlIRIY-TWO MILL
IONS OF DOLLARS!
Now let MS See what was received from the regular
sources Of income during the same period.
Fran the Customs:
From JannHrv 1887, 10 January, lSil
tho recelps S02, SUI UUU
fTie receipts from this source having
run IN from cieren millions in 1887
TO srtatn millions in 1893
period of four y,a rs, 2o,2ooO 900
Making the ordinary revenue of Mr..
Van B rcn's FERN, 1873 600 900
To rhesr EIGHTY tnaEE MlLlIoSsi
from the ordinary sources, add the
FOREGOING sum from extraordinary
! sources, 3l,oIo0UO
Total. slI4 s75 900
1 Aud we have the enormous sum Of nearly ONE
/ HI NDRED AND FIFTY MILLIONS OF DOL
I LARS paid into the Treasury during Mr. Van BIZ
ren's term of four ycars-an average OF 25.7ls, $50
annually!
A lhernI-minded people might deem this mn ample
nE
country. esrrr ,llv ns Mr.. Adams displaced for
an annunl expenditure Of Thirteen millions! But was
this enoreh for these Rpf,rmrrs? Let the record
sneak There was expended during the fur years oi
Mr.. Van Guren's administration the following sums,
! yz:
In 1881 81 2G5 o}7
1879, Sp,4ii 1873
1880 37l2o396
1910, 25226 533
Toal sli2 o763ti
An average ut thirty IRE millions .Fre h"naTea
Upon the adjustment of bnan"es ~ the accession
thar there was an actual d fi'sncy in the Treasury
OF TWENTY MILLIONS OF DOLLARS; ana
ih1t tins defc tncv was concealed from the lhi''l'
rr' vionsly hv the Insr'ious method Of pos'n"nmn
debts actually due and borrowing from he resources
!, Of one wear i"p,v the debts of prece In? yenr -
This practice was kent mn Inrinn the whole term OF
Mr.. Van Buren, and the Phrases of conr"almen
we've the better ACCOMPLISHED by resort to Treasury
, Notes instead Of l'ans.
Mr.. Woodbury. and Mr.. Calhoun have hoih ronc"d'
, ed twh,t intetd, 'hev could not well dsnv) ,hnt
Na ma d. bl existed on The 4'h Of March ISL IL
the nmonn' Of tho "n standing Treasury Notes, up
= wards If Five Millions of II llars. But these gen
,lenen carefully avoided reference 10 the d.ftrred ap
preparations mad" by Congress. wli"h, with the on
sanding Nets swal',d the drhr up 10 the amoun
, we have sta cd S?l COO COO Ildced. Mr. Charles J
u lneersoll, of their party, acknowledged n nj
address ~ his s'iiuens. that the debt was 1irenf
t,r, II Il,fIp