Richmond daily Whig. [volume] (Richmond, Va.) 1842-1861, 1856-03-01
K &c III MOND WIG.
COST OF THE WAR.

FTO~ ne London Times fsb. Z.
The costs OF the war as far appears in the publ c
accounts, yet Of the formidable character familiar
to the older class h readers For the last year they
are not To be compared with any one of the later wear. OF
the old war nor they be compared 18th she os
the country by its manas tor railway speculation for reck
lees trading, loans 70 Sate Tor blhb. companies
OF cNs nth the lo- by bad harvest Iii, evidc n in.
uerd' '"Ht II necessity lay on could easily carry
Oh the war NIL Russia on much grander scale than q
present We have already called attention to the chief
Hsu' ~ our remark "pun the quarterly returns the
close Of the year. but fuller return Just published gives
Us more insight INTO the of our affairs 4, anne r.
lhAt last Heaf Tue cAcess o expenditure mcom. A.
=I4SIe" IL i hut t~o Or three years since that there
was on annual auplu-o oi -eyeral miliOl.-nay in IN.
very paper before oddly enough t.r. ia pavm.n,
o 1905 ~ the commissioners Tor the uction Of the
NltonHl Deo according to the act compelling that appl-
cation Of surplus revenue We Ill remember uith .h,ti
beaminE delight Chancelors Of the EIcbrouer sad 10
announce surplus o' million or tao; and how the men,
bers cheered and how the knowledge OF the c,c rs %
bring dozen derutauons IN week the Treasury
year oi var then has made the difference Ten tunes A.
great against a. instead OF for That too only gives
very partial vew Of the In is Difference tb.
Nrons way IN the lace OF greatly increased taxation
We raised last year an income OF So S64 6O5L which ia
about l5,WrOOo more than We have raised at any re-
ge' uAee Vhe ai alone we we're actually preparing
dispense with altogether andlast year we doubled IL and
rAisen thereby S.5ls,ls5 IL shows how the iron has
entered INTO our soul how well stand to be eeced
sud what excellent hecces We carry thu. Ne b,vo ;i
viduay stood and delivered at the call of tbs coIc
personal tax Welding in the aggregate twotbid. a, much
A. the Customs less than three millions short of the Excis
ana twice rs much as tue Stamps The Customs for the
Year were 2O,es1, 1921; the Excise l63se 1851: IN.
Smmp- 6,so5oo4; and the Produce of the Property tax
Ia when we reer, was no less than 1878 ls-a arc-
I -u.' We believe than was ever raised by direc, i'm
post from one people since the beginning of th. world
But now tor the darker side OF the picture OF which
Neither SIDE i very bright The national "deences last
wear cost u neaiiy hi'y millions and good deal more
probably if the whole truth could now be known OF
tti- the Army cost u 1855 05ei the Navy laOl4
usf' tue OFdnaiice 1852 29Uk aud there wa. also
vote o credit Tor additional expenses with the
Nar OF 5,0OOouW Ony wears ago a distiu qushed
statesman used to that If he returned 10 mower he
would undertake to do the defences ten millions and
mat vas the limit TO which Mr.. Golden proposed to re-
i'ce H. Ihat much has gone for ordnance alone-for
gum, powder, and shot What might We rot have done
"tn these hity million had Nicholas and the evil genius
oil Catherine allowed u choice the matter The in
terest Of the Debt itself paed by the lurd light of
vast e1taVagance Its only p 647 s9gfo for ali kinds of
debt permanent and ,erninabe funded and ,nf,,ds1 :
Inc mdeous waste has just this grain Of consolation that
We can raise double the interest OF the Debt for the
purposes Of war, might pleased raise A. much
Tor the ga tncou OF the Debt itself As the charges
on the consolidated Fund that hear of so much and
which the object OF much ealousv ba
only this week the Home Secretary WAS soeny nr,nsr
not TO put this fund the Government subyenton IN th
county and borough Police, they became a mere baga-
Iee 10y the side OF thc'e items They come To
l52i,1u5i comprising 3g6570l for the Civil List ON
"hich there Is always such tight the beginning of
regn "InssL Tor those words Of terror which 40
and Pensions, l62 6e7k for the minor abomnaors cal,
led Salaries and Allowances" l4s PAL for diplomatic
salaries and pensions also often the subject Of economical
>tctures +sSso3I Tor Courts OF Justice aud s2 llsI
tor Miscellaneous Charges Under the SuppIy Services
there comes the item, for Miscellaneous Civil Services
''iIl=bt Hence 1t results that for all the purposes of
peace We spent last si65 one sixth of
what we spent for the purposes of war This is lust a,
maa spent 6UuE year In pushing a miserable law
uit, and IN order TO do that confined the meat drink
eothng ana housing and education of numerous family
WITHIN the beggarly allowance of lOoL
But hoW about the deficiency ;" se can fancy sop f
our more knowing readers e1claiming and tine debt
past present, and 20 come >" Well one ought 10 knox
something about it, for here is account OF the Baan
Se' 'I 'uT tnohc Money protesting TO state penny
how the Debtor and Creditor of the nation stood
on January l. Au shall not be part, to any such de-
usion. II there's thing which no Chancellor of hs
hhchequer can know in time OF war, little war
war against the Ces for eIample-it il the state of
the public balance Exactly one wear and ousrar s;,c
We ventued TO Intimate that Parliament then on ths
point Of meeting would speedily be called on TO sanction
loan ana We received all angry disclaimer of any such
mtenuon there being every prospect il said Of the
war being paid for of income Since that time ne
sides double lneome-taX and other taxes we hay.
ooro"ed and spent every iarhing OF l6Ouu 0Ou1 and
have increased our Cnfunded Debt from about "a 600
no TO more than % 100000 Thus we have increased our
deot We are not mistaken about 2S 900 OOO
since tue beginning Of the When such are the tg
re+ the exact balance at any the EIehequer
seems 70 us = iormaly Of yeTy little conscuueuee Tbs |
Chancellor of the Exchequer is sure IN have nows .,
make balance by issuing bills of sort or another and
~hen be has run that dry he asks Parliament r
cave 'o iund ~, debt sud issue bills The real gist
OF the question the OF expenditure over incom
for that must be met 10 way or another and IA NO,
hkey to diminish as long lasts Last wear il
vas II sSt, and only l6OOOO of that have
oeen met b! oan aud the expenditure for the present
wear peace or no peace is likely be quite as much a.
the last We cannot help uspectng that we shall want an
other oan OF sixteen, twenty millions before the
year is out