The Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1837-1845, 1844-01-12


nate Iuesdly evening through the WINTER Tor
the reception OF company
"FACTS FOR THE PEOPLE,
la Wednesday Globe we fsd the following
remarkable facts stated:
"Coonery, in coming in, reversed the order of
things 1t doubled me expenditures and reduced the
6citn
"rhe public debt has risen, from balance against
me Government OF I'VE m,ions IN treasury notes, 70
deficit Of siY millions more in he present wear y
We have nothing to do with these sfactsu so
far as they have any bearing against ..coonefy.n
which we WILLINGLY leave 10 fiohl its own hairless
with cockery-and happv would il be for the
na,ion II thew couId deraol;sh each other Rnt
- The (slcs,s fscsA : = No do,ht ;n,endedto re-
Acct ia some degree upon the existing Admin
istra;ion. We are ternDted 10 draw some deduc-
Iions from 'nssssst ss~gr~z4sss
The Globe VIII nor deny, we ,msgine, that
the annual average OF expenditure turing Mr..
van buren's administration, exclusive OF pub
lie debt and trust funds, was considerably more
than twenly-elght millions OF dollars That
amount douoed, is hfty-sx millons SO that
according 10 the GLOBES estimate, the present
Administration Will have expended, by the 4th
OF March next, one hundred and slxty-eight
millions OF dollars
Inc annual average OF receipts during Mr.
Van Burens administration must have been
something short OF twenty eight millions, since
Nls admitted that he did leave something OF a
deot' and IT Is known that he had good round
sum 10 start with. Say, then, lwenty-sx mil
hons' me nan OF winch is thirteen. Inc pre-
sent ADMINISTRATOR therefore, according 10 the
o'ooes account VIII nave received during It's
nlst 'hree years, only thirty nine millions. The
o'nerence between this amount, and the amount
OF expenditures curing The same period, ought
TO be the national debt, viz: one hundred and
twenty mine millions. But the Globe which of
course does not wish TO make the debt appear
less than it is, says that it is only thirty millions
1t follows, therefore, according to the admission
OF the Globe, that Mr. Tyler has actually paid
ont Of has olrn pocket, topards the expenses Of
tie ndftom during the last three gears, nine
lynne millions Of dollars!
we should hardly have believed this, but we
are sure that neither hgures nor the Globe, ca |
lie We had no idea OF the extent of Mr.. |
'Tyler's private resources. We knew he was
munihcent.
Ihere Is another inference 10 be drawn from
these facts OF the Globe very creditable, we
think, to the present Administrations The ma
lional debt 1t seems amounts to thirty millions:
yet the Secretary OF the Treasury called Tor
only million to pay the annual interest on 1t.
This Administration, therefore, has been
able to borrow money at fraction more
than three per cent, while the last had to
pay SIX per cent Tor the privilege OF is
SUNG shln-plasIers. This fact shows that the
credit oil the government Is twice as good,
thouSh lis resources nave diminished by one
wy e'00
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u'ooe - ~ uou0' s'''eiu'-'e'y s'a'e'u.-'o
MI S''' i'' 'e''o'''s '''e i"'o'ie mum ianu
Sai's W nv na'o'ai 'e'oui'es' hnu WIN "
pa''e "i'i ioi 'he id'ins oii III Tue from
tue ops'o''S' u '""' haS Oeeu occasloheu ny Tue
pfohio'ory chdrac'er oi the arm IL couiu
and mara ,,r,;cularly o,s ,bat could ma, have
~ ~
oeen passed without the help oil the plooes
particular friends Indeed many have assert |
ed. nv wav of calumnv ,ba, ;,w,o oo, oc friend
u' " way VI '''u'huI, 'ia' II was out VI iiepu-
snip 10 the pioOes chque, that The President
signed that bill
II Tho C,loho co., non. .,,o..-,.. H.. -. .,
me O'ooe Eau no" successfully use us
'aS' 'ni'uence 50 do 70 nave 'ne iafln nodiheu'