Daily State sentinel. [volume] (Indianapolis, Ind.) 1861-1865, 1864-11-04

pence Of collecting the revenue
For the fiscal years Of 1862 and
1868 they we're SIS .26l ,322. $685..
100 40 Of this sun was for pay
ment OF Treasury potes-tSe let
ter Of the Register Of the Tressu-
~ in Executive Depsrtment) For
the fiscal years 1904. x60. 039.-
COS. (See Executive Document
For the next fiscal year lestimated)
$50. 000000. Interest on the
public debt will be over $4,000
900. THE aggregate then of appro-
ndatons under permanent las Is - 2is, 800 ,39l
The grand aggregate of appro-
PgiatioRs, permanent uadeg Law. .-.-
and definite ones at sessions OF
Congress since The war began, in
GLIDING those which will be made e a
al the next session, upon the sup.
position that the wall continue
another year, IL. .-..e-..-...-..4le Isl .4e4 1872
Under the Law Of the United
States, the government Is respon-
sible for damages done 10 private
property by the military, and judg
ing from the vast amount that has
been paid on tha, head in past small
wars, and also for claims under
contracts, and for seizures of per
sonsl property for military purpo
ses, the sum for which the govern
ment will be liable cannot be cent
under. ACKNOWLEDGEMENTS. 10000, 900
Add the small figure of $780,
GOO. 600 under the head OF indeh
mite appropriations and the sggre
gate will exceed the receipts from
internal revenues and the tariff
from the begin ming of the war 10
the end of the next fiscal year.
There will remain then at that time
national debt the permanent and
definite appropriations for FIVE
slons (the next included) the fol
lowing vast sum. 4 Isl .4Sl 1872
Suppose she war to be substantially over in
another year, with no immediate danger of for
eign war, and nothing left TO DO for the army aud
navy except to clean ont the guerrillas, keep the
south in subsection, and parcel out he lands OF
the white people among the negroes that have
cultivated them The army cannot be reduced
to less than hundred regiments Of all arms, nor
can the navy be so materially diminished as that
the annual appropriation therefor, and for pen
sions. Notifications. diplomatic purposes. and in
te.nal improvements, &c &c, will be less than
$3.50, 900 900.
| Add interest on what the national debt will be
after another yesr of war, supposing the moneys
appropriated to be all spent IS per cent on
81, Isl ,6S4 100, deducting say $500 000. 900 OF
currency on which no interest runs.) and We
shall have yearly interest to pay Of just about
! 1905 600, 600
In other words. the yearly apptopri .tions can
not be ess than s475 900 900
| How is that TO be provided forg The answer
is in nearly doubling the present rates OF taxation
for, by recent calculations the bureau of inter
nal revenue for the coming report of the Score
tary Of the Treasury. but fraction above 500, :
/ 600 600 is anticipated from internal revenue re
/ inf Ns,r a fho Tod ofnfc
on tariff account exceed SO, 900 600 So that
when the war is over in large way, and the pro
ducts OF agriculture shall be reduced in value by
reasonOf the limited demand on army account
and by reason of the return o. the mass of the
soldiers to filling the SOIL the taxes on national
account 10 saw nothing of those of states. coun
| ties and towns,) will be nearly double what they
now are.
Indeed, they will probably he quite double
because we are not receiving gold enough under
the present tariff TO pay the interest on that part
of the national debt which is already funded
| According to Mr. Fessenjea's statement of the
30th ultim0, interest was then running upon 81 >
! 500 900 900 of funded national debt The inter
est on that amount in gold il $50. 900 900 As
the tariff will not (on account of the practice oil
! greater economy by the people, yield above
1000 900 this fiscal year. there remains $50
600 900 of gold to be bought yearly in currency
]
debt as il stood on the 30th of September. 1864
This will take $40 900 600 in greenbacks st the
! present rate OF gold. As the funded debt In
creases, an increased amount OF gold will be re
quired 10 pay interest The increase of the
funded debt about SO 900, 600 10 septic mber
ultmo. At that rate per month for the nexi
nine months of the fiscal year, $500, 900 900 will
be added 10 the funded debt it existed on the
30th ultimo. Gold must be bought with green
I l. -. nl..-
00O QUO, which interest will, at the presen,
! prices of gold, take the of $40 900 900 OF
currency. n1
In brief, on whatever OF the funded debt ex
ceeds the sum of 81 200 600 600, gold must be
bought to pay the interest In this way the peo-
! pie must pay twelve PEI cent in government
money. IL is clear that they cannot stand this
strain in finance for Great Britain, which is by
far the greatest power on earth, pays but three
per cent, on her national debt. and her yearly
! expenditure for interest is bat $50, 900 600
| With this condition Of our finances and it.
concomitant burden OF augmenting taxation. are
the people ready to sustain the present policy OF
! the Administrator l. not the policy of Gen
Sherman, to confer with the rebel authorities
with view to accommodation that shall
''leave to them their slaves and lands" better
than that OF the Administration?
The practical question now arises whether in
I view OF SlI TINS natonaI QeDf, winch constitutes
a lien upon all real property in the North and
South to the extent of two thirds Of It's assessed
value according to the census statement OF
/ 1860. aud in view OF all the annual taxation so
CALLING and oppressive TO farmers, mechanics,
and laborers, ought the authors of such deplora-
bic mischiefs. in changing the character OF the
war to abolition PURPOSES in interfering with
plans Of generals in the field, aud in disnssing
able generals to make room for those who
brought on disaster at Bull Run, Fredericksburg
and Chancellorsvle-thus protrscting the war
with its terrible losses OF life, aud with its entail
of an unparalleled taxation-ought the authors
of these mischieis. we repeat. to be continued IN
power? Ought their manifold corruptions with
attending imbecile and tyranncal acts, TO 20 quit
of popular condemnation?
70 Sugar, if used much, contributes to fatien
Ii will also canse rashes, pirnples and other blood
/ troubles.
I s Butter is sold in Canada at 10 and |:
| cents per pound, snd -four at Sc barrel
I There il a superabuncance OF grapes il