Martinsburg gazette. [volume] (Martinsburg, Va. [W. Va.]) 1833-1855, 1843-03-23
xVasIG ADDRESS
CONDITION OF THE COUNTRY on MR.. VAN
nuR.S's ACCESSION TO THE PRESIDENCY.
To The People of Virginia

CONDITION OF THE COUNTRY on Mr.. VAN
RuRES's ACCESSION TO rnE PRESIDENCY.
FeHore CITIZENS You are oil familiar
with the memorable declaration OF Gen.
Jackson, 10 1897, on his retirement from
the Presidency, TINT he "lefl this great
people prosperous and happy in oeace
with ali nations and q urishiug beyond
al former example," BIZ, the sagacious
siaiesmen who opposed his violent mea
sures the removal of the depos'tes, and
the initiation Of the Stale Enthusiastically,
with the accuracy Of inspiration, the evils
that must inevitably follow his interruption
Of the commercial relations ofthe county.
Whist was the character Of this prosperl-
ty, was soon visible IN the sudden and o.
overwhelming revulslon. which, in less than
three brief months, followed this self-com-
placent vsuni. The public debt. II is true,
had been discharged, under The authority
ofsn annual appropriation Of ten millions,
ss sinking fund, beginning ia 1877, from
the abundant means flowing into the na.
iional Golfers from the customs. and from
srtrsordinary sales Of the public domain.
The Treasury was not only dlsencum.
bered Of all its engagements resulting from
two wars, bu: large surplus had been
distributed to She Sts,es. An ample fund
was transmitted to Mr.. Van Buren,, by his
predecessor, and the party which. for
eight years, had revealed in the spotls, en-
tered upon new osse OF office, with buoy.
snt hopes of glorious harvest for eight
years more. But the seeds Of disease
were sown so deeply in the commercial
system OF tha county, that there was not
only diminu,ian IN the receipts from The
customs, Of more than one-half in 1897,
but falling off in the land fund from the
enormous amount of tcenty fire millions ia
1886 to seren millions in 1887
Blu, with this rapid decline of the means
ofthe country. let US see whether the re-
suction Of expenses kept q proportionaie
psce. Facts speak too aujibly and intel
lgibly fJr contradiction.
From official statements of the Tressu.
~ Department by SIR. Woodbury., il APP
pears that on the LIST day Of January. 1887.
there was a surplus in the Treasury, a.
rising from ordinary sources OF revenue,
sfSerenteen Millions, one Hundred Thou
sand Doharsg
eI7,loo,coo
Additional sum sccruing from
January l, 1887, to March
4, lsii, from other then
ordinary sources, Bank U.
S. &c.) o,l2o,oOo
When the exiravsgsnce Of
the party ran beyond the
income the Treasury, 40
ssto require the fih install.
ment 10 the Slslcs to be
withheld. Treasury Notice
we're suihoriged, and ;hrss
were issued duriag the four
years up TO the 4lh March,
lsil, 10 the smouat Of ESQ 600
Total, s3i SIS, OCO
Making, N Ill, from cihsr than ire rec.
uler receipts from the customs aud public
lands, du,lng Mr.. Van Bur- Ms term. near.
ly THIRTY TWO MILLIONS on DOLLARS,
Now let us see what MAS received from
the regular sources OF income DUNG the
same period.
FROM TuR CUSHIONS:
From January, 1887, to9.n.
usry, lSil, the receipts
were c6f 500 600
The receipts from this
source having run up from
tieren millions m 1887, %
sixteen millions in 1888.
From The Public L,nd.. inlhe
same period Of four yssrs 90, 900 600
Making the ordinary revenue
Of NJ. Van Buren's term es3, 600, 900
To these " EIGnTY-THREE
MILLIONS" from the ofdina.
~ sources, add The fore
going sum from extrsoTdi.
nary sources 3l,s75. 900
Tolal, sII4s75. 600
And We have the enormous sum Of npai-
ly one hundred and fifteen millions u dot.
.ars pad INTO the Treasury during Nc.
Van BuTen's term Of four years-an aver
ago OF s2s,7ls,7 $50 sonualiyl
a llberal-mlndrd people m ght deem this
an ample SUM- making tue allowance for
the growth OF lhe country, especially "A
Mr.. Adams was displaced CO. an .pot,l
expenditure Of thirteen Millions M,
was this enough for the Rciurmsfsl Ii
the record speak. There was expended
during the four years OF NJ. Wan Buren's
administration the following sums. VIZ.
10 1887 s37, 265 Os7
1888 80 ass 43s