Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1863-10-08

But this frtghfui sum total doe8 not incl1de all the
Liabilities OF the Government see In the Newspapers
Of the day othsr items mentioned, namely: United
States certificates Of Indebtedness; qusrtorm asters'
vouchers These and mgny other items constitute a
abDve financial statsment
Some idea Of the nAgnads Of the business Of settling
srnv paynRsters accounts may be inferrsd from the
fact that over hundred and fifty clerks are employed
Don them at the oce Of ths second auditor; vet with
all this forcs, there Is yeas and hafs acoUmulations
Of accounts and elams IN that 0flcs.
Il add 70 the above statement all the liabilities In
Cured for purpores since the 30.h Of June and
claims for damages, pensions, bouutiss etc, etc,
States at the present time a two thousand millions Of
dollars
was" Her proportion OF the national debt s there.
fore tive hundred millions Of dollars But II we lnpov-
sssh snd destroy the South dspopulsts her Cities her
towns snd her piantatinhA ths proportion OF he dsbt
20 Psunsyv mia VII be increased fifty per cent max
uK her liabilities for he war four hundred millions Of
dollars Fha expenses II the gegeral Governments for
All purposes at the present tine excssd two millions
Of dollars per day, that a. at ths rate Of hundred
millions per sunum. The intsrnal revenue tax now
levied is estimated st hundred and hfty millions Of
dollars r Is very doubtful whether that amount will
be isotsd but, WhethsE Il Is not, these figures
viii show what immense increase every month and
every year Of will make 10 the aforementioned
enormous amount Of iabiliiies
The debt ia now represented BY 5 mere promise to
pEy but Il IL payable In money, which ths Constitution
reoog iEes 70 be gold End oliver. Il will increase
understanding Of The amount Of the money hEve
named when we consider tha weight Of those arnounts
millions Of dollars; this IN gold coin Of the United
States would weigh three shoussnd eight hundred and
ssventF.hEe tuns. "A tuR Of gold weighs about 3665
pounds) To move this amount an ordinary road
oud require ss5 horses. 92l wagons with horses
Silver Weighs about Al times as much a. gold. II
would therefore, require grester force, in that pro-
portion to the above amount IL estna' ed Ia that
metal How much these smouuiS would weigh ia pa
per, which has 10 iHirinsie valns. have Of
calculating
The vainAtion Of the property, real and personal
In Pennsylvania ss nEod 5y the revenue bolTd Of 1868
s e hln ired and ninety tx millions Of dollars. The
scortained and registered debt Of the United States
the Both Of June last slons without reference other
BIS and Liabilities Is nssry twice ~ grsat the
whole value of the assessed property ia this Comm
Tesiih II We ineilce the estimated dobts before
fsrrrd %, insuding claims foe damages. etc, etc,
then have 1ebt than four tim the value of the
proper Of II klndH in Psnnsy vena retursd by the
AsBassoTs 10 the cou4ty commissonsrs.
TINS c1InpBr also viii ASST { to form s7ms ade
guate idea OF tina magnltude of re national debt
again Boston, proportion 20 her population Is the
richest city in he United States The total wealth Of
that city reesuty valued by the as5essors Is three
hundred and N ouE Of dollars. The whole wealth
Of hat city will not psy the expenses Of the Govern
ment f0T much more than one hundred days