The daily Wabash express. (Terre-Haute, Ind.) 1857-1867, 1862-11-20

hs whole army 10 again moving towards
fredericksburg. A gsesr.i 'setvisS pre-
rails ia all departments. and the rebels viii
nave 4 severe time hsnceforth. until their
,ouf.dsrsey ID cruehsd cat Of existence.
and Real Cost Of the War.
A lstssr Of Mr.. CHASE which appeared re-
csntly 10 our columns confirming asis does
,hs ssmi-oazeial ssa.snsnt We published
fsv dsy, ago ~ to the kmoont Of our Ma
sional Debt, Is Of no ANAL interest at the
pssssns crisis. Many sioyai citizen viii be
ooascious Of clad sense Of relief al the as
.ar.nes. on the very highest authority. that.
Notwithstanding all that rebel symPathier
n home and abroad have aid TO the injury
of ths National credit, our total debt on the
lst Of Octobsr was no more than s62o.Voo.-
900. and that, a. the disbursements since
that date. together with all outstanding
claims on the Treasury. amount to soo'voV
more. the whole debt on tho xth OF oeto-
bsr did NOT exceed 3G5s 900 600. !
But the actual war outlay has oil course
bean much lsss than this sum. For IL isweli
known that, prior TO the. rebellion. there
existed the old funded debt Of So BIO .So9.
ThIs amount Is included in tho present debt,
aom which !, mus. be eliminated IL we
would 70, At the amount (which the war has
consumed. Besides this. considerable az
rrsxsts OF Treasury Notes we're out before
the IL, Of March, 1861. These have since
bean redeemed 1T cost, according to the
l.tss, Official statements, of 81. SIS. OOO.-
Thu, the portion Of our debt which existed
before the war vas something over $50 ,ooo.-
900. Dedacting this sum. we find that the
Government has expended on tho struggle
against secession. about 5000. 600 .Ooo.-
Moreovsr, "A tho contest has now lasted
twenty months, the average monthly outlay
hss been $40 600. 900, or about 81 900 Duo a
day; While the pressn. war expenses Of the
rebels, according to their own statements
are, a. ws showed in . recent article. no less
than 81, 600 ,00u week.
Our naval and military ontisy; though OF
nscsssity great. will not DO regared a. ex-
cssuiys or immoderats II we remember thai
Ia tho recent Italian war. tho monthly OK
penditnrs OF Austria was ifty millions oI
dollars. and that Of France forty Millions
Yor neither Of these Powers had S4motdiized
army one half as large as that We have kept
In the aeId, q an average monthly cost Of
thirty millions. =,
Let US now glance at the future. From
the recent augmentation In tho numbers OF
the army. tho construction Of our new IRON
clad Hscs and the delicate state Of our for
sign relations. the var expenditure is now
million and a quarter day. An easy
calculation proves that II tho continuance OF
the war requires that this rate Of outlay
should be kept up till ist Of July. 1863. BOO
Millions more will have bseuspent.i But
the var tazss. during those eight months.
will pay, according 20 present appearances,
about ons-hslf Of this outlay. or 40 millions
Of dollars. Hence TO more than 5000
900 will require to DC borrowed. and IN
stead Of the fabulous sums about which i'm
aginstivs editors dream and ignorant stump
orator. rage. tho Government will commence
the next fiscal year with . debt tot exceed
ing ss2o. 900 900.
Now. the opinion has besn expressed. that
sxcsps disunion demagogues succeed in di-
viding the North and pAralyziug portion Of
10 energies. the war will DO over by the end
Of June. And in this case ihero will be nc
further loans beyond What have been above
Indicated Hence. We may be justified IN 70
gsrdipg 300 millions AZ tho highest sum &C
which our National Debt can possibly b,
svslled By the var Tor the suppression of thu
rebellion. Its evident that, with our Inn
nsnss resources and growing veal,h.e bur
den Of much greater dimensions could b.
veil sustained. In proof Of this. We nees
only point 70 the fact that tho debt Of Fog
land 10 3.sie millions OF dollars and that o
France, z, 200 millions Still. in both thos.
countries. . jadieioas use Of financial skil
enables sum % be annually raised by tan
stios. which. without impovsrishing The
country OF expressing the people. is ampi,
safhesent 70 psy the annual Interest and q
sustain the snormoss sapsasss Of. civil 90
sAblishmsnss which are conducted al cos
such - community Of simple repabl,cas
hAbits can never require IL England and
France can bear the load OF their puodigisu'
debts without much harm, surely. With III.
Singular rseapsratise energies Of which w.,
have justly been 80 proud. our youag gian
Republic viIl be able to shoulder ourie,
20 mach smaller with case.
The rsview of oar Natioasi aassses
therefore. 10. AZ the present. moment. aug
gsssivs rather Of confidence than OF feat
AID the oakciAl statement on which ~e have
ea>sd our remarks. offers evidence as simple
- 10 10 decisive. For Il refuses and utterly
sweeps away the malicious and igaoraat sur
misss which have essn foisssd on the pablis
by aspirAnts 20 once. Who. 70 influence the
elections. further disloyal iatriguss. hely
their Southern friends. and raise themseive,
TO power. have been. with mspshievous dill
ssoes. alarming the public mind With artfu
statements that the debt 10 1900 millions
that the country . enhaassea. and that Ma
tiooai bankruptcy ssAres US IN the face
By . knssiedSs ef the enact truth. ioys
ssa nay quiet their apprehensions As 10 The
SHANGHAI Situation. And forning rtsh, e.
siesss Of the past and prospective cost ol
The var. they will knos h6- n de.l ~i,l.