East Saginaw courier. (East Saginaw, Mich.) 1859-18??, 1860-08-23

ing to either evade the State issues or
present such erroneous and distorted
statements of them, that a person is al
most constrained to believe they intend
to falstfy. Here is a specimen from the
Detroit Tribune, July 80:
Gov. Parsons and Auditor Swegles re-
ported to the Legislature Of 1896, that the
bonded State debt
Was s2,sal .s.s
Total raes, ,sss-l IIl4I sa,a55 Isl
The bonded debt in 1859
{" Ledger balances deductIng
appropriations CREDITED but Not lt
Making the 4 snilro bonded and trust debt W
I'm 1859, 1897 $50
Or, tho nof inu siO8,Ool
Less than it was in 1855, instead Of an
increase of 81, 14S,73491.
This is published with all imaginable
sincerity. A decrease of s1OS,097 ! ac-
cording TO the Tribune. Now we will
post the books and we defy any one to
gainsay our statements. AT the close Of
the democratic administration in 1854,
the total of the
State Bonded Indebtedness was s2.las sos 70
Balance due Trust Fund, G02,G59 so
Due Counties. 507 90
Total state indebtedness, sa1O2,oo2 50
This embraced all liabilities of every
nature. At that time there was in the
State treasury-as
Cash ON hand, S553,004 05
Due from counties As, So9 81
Total nsscts, S60l 1868 60
which amount deducted from the State
indebtedness left S2,590, 1913 as the nc.
tual indebtedness of the State on the 30th
day of November, 1854, after applying
the cash in the Treasury, and the other
assets to liquidate the same. On the
30th November, 1859, different aspect
is presented. Then the
State Bonded Debt was l.. S2,4l6,329 "a
Due Countless t l24,609 60
Amount Due Trust Fund 1924, 99l 05
.Ill a S3935, 979 SO
The State Treasury reports cash hand, l63577 %
Due from Counties, ...'.- 30, 1882 80
sls3,s59 60
deduct these assets from the total of the
State indebtedness and we have the sum
Of 1852, 1l9 90 as the total State in
dcbtcdness of every kind on the 30th
November, 1859, and an INCREASE Of S1,-
052, 920 Sc during the existence, brief
though it be, Of the present economical re-
publican administration, and a difference
of over 81 100000 from the fabricated
statement the Detroit Tribune endeavors
to palm upon his readers
The foregoing facts and figures we have
compiled from the reports themselves, of
the State officers for 1854 and 1859, and
we challenge contradiction. We do not
wonder at the pertinacity with which the
republican leaders asseverate their econo-
my and honesty, for they have learned
the value of such efforts in a campaign.
All we ask is that voters and tax payers
will read and think for themselves. The
reports are open to them, and they are
interested. Let them reflect that this
party came into power pledged TO economy,
and that they have increased our actual
State Indebtedness over $l,050,000 in
five years, have raised our taxes from
$50, 900 per year, to over 100000 and
have increased the State expenditures
from 100000 per year to $S00,000.-
No garbling Of documents, no Justification
can hide these things. The truth is pal
pablo that our State under republican rule
is about bankrupt. Let the tax payers
remember, si4.iI.
That on the 30th Nov, 1854, there was
in the Michigan State Treasury 1858, 900.
That on the both Nov, 1859, only
$50, 5000, $4,000 being then loaned
to Hazclton s. Co., and others in viola
ton of law .r.
That Nov. Both, 1854, our total State
indebtedness was $500, 100 -.
That Republicanism in five years to
Nov. 30, 1859, had increased this amount
to $3,642,119 80. a a4a Iaa
That in the lass five years the republi-
cans have increased our State debt, ST.
O52, 920 Sc.
That the State expenditures for the
last five years of the Democratic admin
trations, --1s50--1S54 inclusive were
$2,054,346 30. .sslf
That the State expenditures during the
first five years Of Republican rule, 1850
1850 inclusive, have been SO, $50, 4S5 61!
an increase of Sl,476,129 81 or about
100000 per year.
Let the tax payers remember,
That Republicanism is plunging them