Marshall County Republican. (Plymouth, Ind.) 1856-1878, 1856-12-11


Guiding sums paid in account Of the
public debt, amounts to sixty million
one hundred and seventy-tw thousand
Tour hundred and enc dollars; and inclu-
ding the latter. to seventy two million
pins hundred and forty eight Thousand
seven hundred and ninety.two dollars,
the payment on this account having a.
mounted to twelve million seven hundred
and seventy-six thousand three hundred
and ninety dollars.
On the 4sh OF March. 1853. the amount
OF the public debt was sixty nine mil
lion one hundred and twenty nine thou
sand nine hundred and thirty seven dol
lars. There was subsequent increase
Of two millions seven hundred and fifty
thousand dollafs. for the debt of Texas
making total oil seventy -one million
eight hundred and seventy thousand
nine hundred and thirty seven dollars -
OF this sum OF forty Eve millions five
hundred and twenty five thousand three
hundred and nineteen dollars, including
premium. has been discharged-reducing
The debt to thirty millions seven hun
.dred and thirty seven thousand one hum
dred and twenty-nine dollars; all OF
which might be paid within year with
out embarrassing the public services; but
bang not yel dus. and only redeemable at
The option of the holder, cannot be
pressed to payment by the govern
mens.
On examining the expenditures Of the
last i've Years, it will be seen that the
-aTerase, deducting payments on account,
of the Public Debt and ten millieus paid
by treaty TO Mexico. has been but about
forty-eight million dollars. II is be-
lieved that under an economical Ad-
ministsation Of the Government. the av-
erags expenditures for the ensuing five
years, will not exceed that sum. unless
an extraordinary occasion for its increase
should occur.
There was q subsequent increase OF
two million seven hundred and fifty thou
sand dollars for debt of Texas. mixing .
total of seventy one million eight hun.
bred and seventy nine thousand and thir-
rty-seven dollars. Of this the sum Of forty
Eve million five hundred and twenty Fl &c
thousand three hundred and s,Ge,ren
dollars. including premium. has been dis
charged. reducing the debt to thirty mill
len seven hundred and thirty seven thou.
SAID one hundred and twenty nine dol
lars. all of which might be paid within q
year without embarrassing the public
service. but being not yet due. and only
redsemable, at the option Of the holders
cannot be pressed to payment BY the
Government.
The acts granting bounty lands vii
soon have been executed. while the ex
tension of our frontier settlements viii
cause q continued demand for lands ant
augmented receipts probably from tina
source.
These considerations will justify re
duction Of the revenue from customs q
as not to exceed forty-eighs Or fifty mill
ion dollars. think the exigency 10
such reduction IL imperative and sgaiI
urge il upon the consideration Of Con
gress. The amount of reduction as vel
as the manner of effacting it are quss
tions Of great and general interest. ]
being essential to industrious enterpris
and the public prosperity as well as th'
dictate of obvious justice that the bur
den of taxation be made 20 rest as equal
ly as possible upon all classes and all see
tions and interests of the country.
have heretofore commended to your con
siderstion the revision of the revenu'
: laws prepared under the direction OF tn
Secretary Of the Treasury, and also legs
Ission upon some special questions af
feeling business of that department
more especially the enactment OF Law
20 punish the abstraction Of ofhcia
books or papers from the files OF tn
Governments. and requiring all sue
books and papers and all other publ
property 10 be turned over by the outgc
ing officer 10 his Successor; of law rs
curing discussing officers to Opposite a
public money in the vaults OF the Treas'
~ or in other legal repositories whe'
the same are conveniently accessible. an
law to extend existing penal provi
ions TO oil persons who may becou
possessed Of public money by deposi'e
otherwise. and who shall refuse or NJ
elect. on due demand. to pay the san
into tbs Treasury. ih'itc !ou' os'e'
tion anew to each of these objects.
The army during the past yssr has bee
., cons,sutIy employed against hosti
Indians in various quarters. that it ca
scarcely be said with propriety of lal
euage, to have been a peace establish
men,. It's duties have been saiisfact'
rilv performed, and we have reason
expect. as the result Of the years oper'
lions greater security TO the frontier il
htbitan:s than has been hitherto enjo.
sd. Extensive combinations among Il
hostile Indisns of the Territories
Washington and Oregon at one tin
threatened the devastation Of the new
formed settlements OF that remote Pc
tion of the country. From recent info
nation we are permitted to hope tn
.he energetic and successful operation
conducted there. will prevent such con
binations in future. and secure to the
territories al opportunity to make ste'
DIV progress in the development OF the
AGRICULTURAL and mineral resources. L
aislation has been recommended by
on previous occasions to cure defects
the existing organization. and TO incres
the efficiency Of the army. end fsrth
observation has bu; served to confirm