, 1861-12-14
Tbt Grihunt.


- W WV
SATURDAY, DECEMBER II. 1861.
WHAT SAVING III. S5tsEHr is cosr-
The report Of the Secretary Of the Treas
11ry, which appeared in our columns yes
terday, is q document that must arrest
the attention Of every citizen, and cause /
profound reflection. 1t touches the pocket
nerve Of the country It brings out in bold /
relief the cost which the shareholders re-
beElion is in1icsing on the people; the
taxes must be assessed, and wrlng from
their hard earnings, and the debt which I
The var is pillng up mountain high-a bur
den for the backs Of this generation while !
they Eve, and their children and their chill |
dren's children. It is frightfu] to conten-
plate that, in one brief year from the next |
9TH Of July, tie public debt ofo Republic
will be >atns 1rndr1d millions Of dollars, re-
quiring over s:asy millions Of annual taxes
TO pay the interest a1cne and at the end
of the few months intervening between
now and next July, the national obligations
Bll1 harc swollen to more than fee hun
dred ni1l;ons. Here arc the figures as put
down By Secretary Chase. Ponder them:
The existing appropriations, loans, and
revenue for the year ending July 1st, 1869,
are estimated at *ssaa9, SOL ,9s4, aud the ex-
penditurcs At $$543, $$54,4oo, 4oos 40 This will re-
quire further loans for $213 9eo4 4277, in adj
dition to those made at tue extra session.
For the year ending July 1st, 1868, the
expenditures and interests on debt are es-
timated at $475. 99s1 ,245, and the receipts
from customs and taxation At $s5 100000
leaYing ba1ance to raise by loans Of $379,,
431,215.
The whole amount required from loans
may, therefore be thus stated:
For the year 1852, under existing
For lie dscai year oi ls62, under '~@1'''o'''
laws to be enacted. -,.........-- a@9 000: :0D0.O
laws to be enacted. ...-.......... ST., ,6a1 ,2ls61
Hakf7g m aggregate of.-.----., $65+, ,9ao, ,9s9-51
# the war lasts until July !, 1868, and
these estimates prove correct, the National
debt On that day will be $500, 600 600.
The statement IN brief is as follows:
On the first day Of July, 1860, the =.
public debt wae. .----..---...-. So, 769, 703 06
On the fret day OF July: 1851, the -.
On 5s Il rs 81; Ssy Ii f ijaly. iss1 j. ~
On the first daT Of July. 1858, the
public debt will be -...-.--.s S97,a1a,so2 93
. The direct tax on property for tile year
1862 is recommended TO be $2o,000,O0o
from the loyal States; and, furthermore,
500 1000, 900 by duties on stills and distilled
LIQUORS, On tobacco, on bank notes, on car
riages, on 1egacies, on paper evidences Of
debt and instruments for conveyance Of
property, and other like subjects Of tax
alton also SO, GOT, 900 from the income tax.
The total from all other sources except di-
rect taxation is estimated at $40, 0,0D0, 900,
and from direct taxation So, 600 900, max
ing the yearly revenue $90000,000.
We pause from further advance among
these terrible figures to ask, what causes
this stupendous c1pcntitures The answer
springs to the mouth Of every honest man
His SIaoe7y. In the language Of the Cicero
of America:
1T is Slavery which consumes this treasure ant
brings these taxes from the sons Of toll It i:
Slavery which znarthal. these hosts and breathe!
into their embatt1ed ranks their own barbaroui
fire. It is Slsytzy which stamps its character a1k
upon officers and men. It is Slavery which inspire
al, from the general to the trlmpeter. 1t is Slay
cry which speaks in the word Of command, an,
which sounds il the morning drum-beat. It i
Slavery which digs trenches and builds hosti1
forts. 1t is slayer5 which pitches its white tent
and stations its sentries against the Nationn
Capital. 1t Is Slavery which shnrpens the bayone
and casts the bullet: which points the cannon an
scatters the shell. blazing, bursting with death.
But slavery may be seen not only in what it ha
done for the rebellion OF which it is the indispn
able hcad-the fountain and 1ifc-but also In VIII:
it has inflicted upon us. There is not comm.
nity-not fa1ily-not gu indIidaal, man, Tona
or chi1d-who does not feel its heavy, bloody ham
Why these mastering armies: Why these sstl
eriue means OF warf Wig these swelling taxes
Why these unprecedented loanss Why this d
,1angenent OF business! Why this constant soli<
tude visi6lc in all your faces? The answer
clear. Slavery is tho author-the agent
cause- The anxious hours that you pass q
darkened By Slavery. The business which =
have lost has been flched By Slavery. The N
lions Of f1noney now a1naEsed By patriotic oferin
are a11 snatched by Slavery. The taxes nc
wrrng ont Of your diminished means are all CO
sumed BY Slavery. and a1l these gathering mea
Of wnr-this drum-beat in your peaceful streets
and these mastering armies are On account
Slavery. snd nothing else. Do the poor feel &C
strained to forego their customary tea or coffee
sugar now burthened By increased taxation
them pledge themselves anew against the crimi,
tYav o+Sc J17,3+,+ -
Isn't men, who, going forth joyous and proud.
neath their connt1ys flag, have been broue
home cold and stiff, with its folds wrapped abr
them for ahroud? Does mother drop tears
son in the flower Of his days cut down upon
distant battlc-Aeld, which he mofstens with
youthful, generous b1oods Let her know i
Slavery dealt the deadly hlow, which took at Q,
his life and her peace. It Is Slavery itself, 1us
natc. living, acting, raging, robbing. mu1dcrd
according to the essential law Of its being.
The inquiry spontaneously a1isesin ev'
mind, How much longer will our rul
permit this horrid yuIture to tear the vii
of the nation, before they allow the mai
hand Of patriotism to s1nite the bloody
mon and save the life Of the Republic?
0ER AMERICAN SCRAPS.
Scraps was an Egyptian god impor
from Pontug. Domesticated on the ba
of the Nile, only few generations suffl
to make him the favorite deity Of the il
atrouH people. His principal temple
at Alexandra, in which a colossal sts
was erected, embodying the idea Of bis
son, and, 6guratiYe1y, Of his attribr
The worship Of Serapis became the
Tgion Of the masses Of the Egypt
He was supposed to possess extraordir
power. Tpon him, in the imagining
his deyotees, the return Of the seasons,
floods Of the Nile, the growth Of the CT
the birth Of children and the prosperit
the State, were believed to depend.
large party supported in theory
practice these lofty pretensions.
priests Of the idol were 1nany and str
They drew after them thousands and
eff 1.yy- ,