The south-western. [volume] (Shreveport, La.) 1852-1870, 1855-10-10

The balances (annual) are given to show
that the charge made against the whig party,
of having increased the expenditures of the
state during its temporary ascendency in the
legislature, is totally false. w..
The balance in the treasury in December
1851, was S3O8, 1856 80. Tie wings were in
power in 1852-one session of the Legislature
and during which session no extraordinary
expenditures were ordered, or increased taxes
imposed. Only the necessary imposltons were
made. The balance remaining in the treasury
in December, 4 852, when the wings surren-
dered to the democracy, was 1854, 400 81, an
amount exceeding that which was in the treas
ury in December, 1851.
If the amount of the loan of $750,OOO,
made in 1858, is deducted from the balance in
the treasury in December, it would beTeduced
to $414,791 II. ,.......r...f...- r r.sgr .s..-z.s
The taxes of, 1851 were imposed by the de-
mocracy, and not collected until 1852, and with
other receipts amounted to 81 Ass, ,455 II. The
disbursements were $l,lOo,984 SO. 81 g=
The receipts of 1858, after deducting the
loan X S75O,OOO from $2,148,4 467 IS, were
S1,398, 467 IS. This is additional evidence Of
the falsity of this charge. But there is yet
another and more conclusive (if possible) evil
dence found on comparing the receipts and ex-
penditures of the years 1852 (whig) and 1854
democratic Whilst the receipts do net ma
terially vary, there is an excess of expenditures
in 854 over. 1852 of near $75O,00O. A'.T#"
1t is not a matter of difficulty to account for
these extravagances of the democracy OF Lou
isiana. A simple reference to the treasury re-
port-from which the above is extracted-will
convince the most skeptical, how little demo-
cratic theory comports with its practice. An
examination of the above tables incontestibly
shows that the party of retrenchment and re-
form-the democratic-has much more than
doubled the ordinary expenses Of our state. 1t
saaried officers of the state. It hasa thousand
fold increased the amount paid for the public
printing. The above tables are prepared from
the treasury reports, which are accessible to
every one, and the severest scrutiny is desired
on the part Of the democracy. ... rs..f.. s-
1t is a common practice for the leaders OF
the dem ocratic party of Louisiana to charge
that the heavy expenditures annually made,a
caused by the payments made on account OF
the state liability for the property banks. This
is a baseless assertion, and its falsity can be
established by reference to the treasury books.
This stale falsehood has SO often been repeated
that its authors appear to believe it true. So
far from the state having paid money on ac-
count of the banks, it has already received some
hundreds of thousands of dollars from them in
the shape Of dividends, and when no capital
had been ever paid into them. Admitting for
the moment the truth of this baseless assertion,
it is susceptible of proof that The leaders (pres
ent and past) of the democracy were the fathers
of these monsters. The journals of the legis-
lature incontestibly prove this. Yet they now
disown their progeny, and would palm them
on others.
The treasurerss report of 1855 shows bal
aEce on hand January lst, 1855, OF s745, 1898
GenY F,raa 1865. .242 IS