The Lansing state Republican. [volume] (Lansing, Mich.) 1855-1874, 1859-03-01
Nr. Buc hanan's "Financisl po,,.,.

The Democratic organs have m UGH n -.
Though always in 4 vague and general w.,l ::
praise of Mr.. Buchauan's Policy" Blu, ,s,b.A
do not undertake 10 justify his Kansas PoE.,
and a. he has no settled Diplomatic PoEcr !,
must be his management Of the Finance, ~.
elicits their admiration. What isMr. Ruch.-
ans Financial Policy? Ii needs but 10 ccr,.-'
his expenditures with those Of his predece,s,.'e
20 ascertain.
General Jackson was President at a time xh,.
the revenues did not exceed SD, ooo. 600 /. v..,
out Of this he paid sll the expenditures Of Gov
eminent. and eNtincuishei more than ss0 noa
coo of the Public Debt. Mr. Buchanan, with
revenue nearly double, or over $50, O00 oan !,
unable In make both ends meet. and instead :.
extinguishinc any of the Public Debt, inc-ea,,,
il by $40, oOo.0cO.
The whole expenditures Of Government sn,.
in. the first twenty Years of our National e.is.
tence were not 80 great as in single wear ~,
present Administration
Unaccountahle a this may appear. the rs,s,,
will readily be seen, when few Of the items ,,a
looked at in detail.
In lSio the pay OF messengers and other ana
ployes amounted TO si2. 600. In ls5,. !, w..
| :l56,0oo, or more than three times as much a
| though the House has not been increased r.
number, nor the work 10 o. done bv its emnlc,
e. increased 10 any such considerable extent
Mr.. Van Buren, and Gen. Harrison coa,rirs,
to I've very comfortably in the White House !,
the rate of S3?,ooO wear, for salary. housa
garden, grounds, &c. But Mr. Buchanan has ),
many more servants and % many more e,nen
sivc habits and Injuries that il takes AGO OaO 70
pay his bills
There is undoubtedly more printing done NOW
| than tl.erc was twenty years ago But il th.-.
enough 10 Justify the enormous difference he
tween sl9o, SCI which was what il COS, the ss,h
Congrcssl and s., OBS, S27. which Was whs, !,
cost the S3d; The latter 1, ~ spent $40. alo f,,
each member, and "a very large part If the mon.
ey was expended in Publishing apologies "a,
their chief act-thc repeal Of the Missouri Com.
promise.
The expense Of the Army has nearly trehles
| The expensel of collecting the Revenue b,s
been increased sl,7oo,0oo. This nigh, he e,.
cusei on the ground that the revenue itself Ia.
increased But what justification ia there for
spending the most money an Custom Hons.
that bring in only the smaller fraction of IL As
too. 600 have been spent on the Custom House,
of New Orleans and Charleston, and they Are po,
| finished vet
| Miscellaneous" il the convenient title Of an.
other large class of expenditures covering diver.
Jobs and sundry contracts. THIS branch of the
appropriations was severely criticised ia lsl0
because 1t rose 10 2,5oo,ouo. But nov i,
reaches SIS, ooo, zoe
In = word, Mr.. Buchanans financial policy
may be summed up thus Get all YOU can and
spend all yo" get" When il is considered ths,
all this money comes from taxes, direct aud in.
direct, on the industry of the country, and is
burden which is shared by every man In the
| 4 T,,.., H. Al, 4.
are the expenditures of year of universal de-
preston, r,trenchmcnt and economy, We ma,
well wonder where such a financial policy vii
! nnn