Council Bluffs bugle. [volume] (Council Bluffs, Iowa) 1860-1868, 1862-05-07

49,
y vnxrrAxAnens wfEk -
xsdosdI% ID 90 4EAi sAfsulafEsn,
Furnished by the Bostoa Chsmher Of Com.
msrce, the aggregate value of tbs pro-
duetions of the country am0unts 50 ths
spre ef kxosthone~nd znillionS " dollars
As the dose of The war the Interest On
our debt may be estimated as being Like
iy y amsans To oEs hundred miilions.---
Then IL May be calculated that another
hasdsed mlllioas will be- necessary q
meat The annual expenditures Of the Coy
srnmeus- Consequently, two bandrsd
millions win haEa TO be raised by taxa
sidn ID b sss The insssess Of the .asle aad
for the support of Government. Thii
will ssBoanE 10 cen per cent on the asbUyt
aggregate value Of educational wealth.
The amount of taxation will be derives
from ia5os and and--the two elements
which are the sources of national wealth
and by which the chieE weight Of taxa
xjQp vii baye 70 be- borne. Vs. aTriE,
bS sh3 Absvs data aE she folfpwing genar.
al conclusions First, that the value Of
fancy city property In all the great cite.
will be reduced 10 about hfEy per cent
sill other property ten or twenty per eent
Labor viii hsYe 10 pap at the tax 81
amount equal to ten cents on the dollar
ar sea per cent. In the meantime Gav,
ernment securities will rise in few years
from ninety ope 20 ope-hnndred and TWEEN.
ty-dVe, according 20 circumsgances.-
There will be trying and almost reFplu'
tionary times in all financial affairs ant
no woaderr-A T. Hefsid-
The foregoing brief article from the
New Fork Herald selIs nearly what tbs
effect Of the war will be upon the proper
~ and labor Of the country. The ssti-
mate of hundred millions Of slolIarE foi
interest and Of another hundred millions
for current expenses Of the Government
i4 low enpagh, too Low, should the party
nov In power be left in control Of tbs
GOvernmsns. Two hundred million OF
dollars a year, Ii will be seen, is ten per
eeat ef the whole estimated wealth of the
United States, 80 that ten years tax viii
be equal to the whole wealth of the coun.
try. These are significant facts. ~ -
GENERAL sCorT's OPINION OF Sac
CLELLAs.
Tbs enemies Of 4eaeyal AcClellaa
nast winee under the hearty and honesi
expression Of confidence which the vete.
ran General Scott has just delivered on
the skill and loyalty Of the young COM
mander Of our army st Yorktown. L.
speaking Of Generals Mcclellan and Hal
leck tShts friends Of Elisabeth, on SataE-
daT, General Seots said s.5.s
"There are two men who can be de
pended upon under all circumstances and
in every emergeney-I mean General Nc
Cleilan and GeEersl Halieck. There l.
no doubt they must take things "a they
meet them. and they have great opposi-
ton to contend With but Mcclellan is
at this moment at the very work bis hear;
loves, and which call forth al the abui-
ties of his powerful mind-that of trench
ing, engineering and besieging. And in
regard To General Halleck, he will do his
EoFk ike soldier. There can be ne
FEAR OF these two able soldiers doing any
base or disIoyal act. They are honest 10
the core, and will never betray their coun-
try" .-.e
We do not see how the cowardly abo-
lition aasailants Of General Mcclellan arr
gsing 10 ges over this, unless they i'm
pugn the Judgement and experience Of
Genera. Scot, and begin now to atascA
thu war worn end honored veteran him
scIf.
ExrEAvAeA>cR.-The following appro-
ptatlons havy Teen mad. by the pres n,
Congress fur convenience and luxuries u
tn, Presidents mansion
T. furnish the house I4st session. SO co.
A4lI4iVR&E thi8 sesstssEs .,.........., ii Oh
Ia iutEodure p tolaa cwatsr.....,.......... leo
FgT PaIBI4ng...-. ACKNOWLEDGEMENTS. CO..
For plate and gas altInE. 9s1
A~t~4- go Es*s - 81 stA
To furnish the house, thirty one thous-
and daIIirs have been appropriated in less
than nine months. Fer pEats-iaeluding
gold spoons, doubrless--at least ttgo
thousand dolIa,s.
At q Fime like the present, when th.
country is grooming beneath a load OF
debt and embarrassment, and when enor-
nous taxes ara coming upon the people
to make good not only the just contracts
Of The Government, but tho millions that
have been stolen by contractors or lob
by agents, such extravaganza a. tha,
pointed oul above 10 not only simply reck
less-isis criminal.
IL Iairty gears ago, The Abolitisnisss
c0mmeRced sending reEions 10 Congress
for the abqlishmsat At slavery in the Dis
triet of Columbia. Clay, Webster, and
the great mass Of the old Wing party de-
Il AZ