The Ottawa free trader. [volume] (Ottawa, Ill.) 1843-1916, 1853-12-31

Einuuce.--l,cduc;Ion Of the Amy.

TIE il-'r'se ~ 'Nr cWn'rv became r,t ,f
government Nmt!, rs he government rNr,.n.
q 'Urr tbeu was. o,iy about thruty one upi I,n
ui '.u'ar, -inc,rdin-' eleven million lur i.ri;l
mru' or n,idoEta oi irc's, il WAS s;!'l tru.ua,
Tor the fcypuGrs vt the guVrrur el' n til. il>a.
rous period Reductions of eXprnr" aud loans.
became the re~nI!. and cconntuy- that ,ir,Uu.,
polio, in all t'm-s hrrlne the obligatory and
he forced r"licy of this time. The snlll rrgl.
l"r arriv, was the tir-t anA largest object u,nr
whhrh the reduction f,l Small a. IT Wa, n
rud, ,ced urrily one hsif-f-ui tenn tbugsand to
tx th"n.sni m,n. TIE navy fit il E,<t--tLc
annuHl appropriation If ~" III lion. fr il in.
crease beng reduced 10 half million The con
struction and Armament uf f'rtiiira,ions, under.
went III" Ik" VlocrsS. Reductions Of rxncusc
took place at many other points, aud even rh.
abolition Of clerk ship of $500 in the flee of
/ the Attorney General was not deemed An nb-
lect below the ec"EsnlCa! attention Of Congress
Aler All a loan b"'anc Indispensable aud the
President was au hprizeI to borrow Eve million
of dolara
Tue Some of twenty one millions. then 20 Do
raised for the service Of the government small
as il now appears. was more than double the
amour, required for the actual expenses nf the
( go9erpmcnt,-for the actual expenyc- Of i.s nj
ministrntIon, or The working lis mrchincrv. More
thar half went TO permanent ur InriIrnta, n +.
jects, VIZ; principal and interest of the puLhc
debt, fi-c and half millions: gradual Increase Of
lhc navy, ore million, pensions, one and n h,,f
millions liiCatInns, $500 600, arms n,:ni
ion. ordnance and other small items, abou, two
million; making IN whole about eleven millions
and leaving for the expense Of keeping the ma
chirrtY ol government m operation. about SO.
JtO.OOo and which were reduced to lpss than
nine millions after the reductions Of Ibis wear
were effected A sum ofOne nliclion of dollars
over and above the eStmased expenditure Of
the government, was alwavs deemed necessary
to be provided and 1T in the treasury to meet
coningencies-a sum which small in itself, was
absolutely necessary for that purposc aud the
necessity for which WAS founded in the nist,kcn
i!e' thatthe government expenIs every year,
within the year, the amount ofts income.
/ lhs is entirely falla"ious and never did and
never can take place; for a large portion Of GOV
eminent ymeuts, acorurg wi I'm the later
quarters oi any year, ar MT paid until the rext
wear. Aud 50 on IN every quarter Of every wear
The sums becoming payable in each qprr,cr he.
irf many instances, and from the nature of the
service. only paid in the next Ona,cr, while new
r"tinue Is coming n tbs Iroress regularly
going o. always leaves a balance in the treas
ury at the end of the year, rot called for until
the hcGnn'ng Of the next Velr and when there
= fcc"!p at money to meet the demand cveu
il there had been no balance in hand Thus at
The cn' OF t!e wear 1920, one of the greatest te.
preston. and when demands pressed mast rapid
" upon the treasury, there was balance of
of more than tive millions in the treasury-to be
precise *2,O1t,6O7 H. beng one tcuth of the
annual reyrnnc. In prosperous Yrar. the bal.
'rnc" ~ s'Il larger some times Amounting I, the
fourth or The fifth of the annual revenue: ~ NAV
ha seen in the successive annual repor, of the fl
"pr~es
There ia, therefore, no necessity 10 provide
FOR kcerug any balance as reserve in tie
treasury though in later times tins provission
has beeu carried up to six milIinns-a mistake
which economy. the scipnse of administration.
and the purity Of the government, ec1cire to be
corrected