Holmes County farmer. [volume] (Millersburg, Ohio) 1857-1926, 1864-06-30

slf53,7'o7ss
For four years from 1901 to isG5.... 1OiO'2i5,0s1
Increase Of expense in four years
over sevcnty-two years. ........-.. $3.50 ~ 37
-Four brief but terrible years under the
present Administration will have consumed
more than three times as much Of the wealth,
the labor, the taxes Of the people a. every
other Administration Of the Government
put together from Washington to James
Buchanan! Do you still say, in view Of
this startling fact, that there is no necessity
for change in our policy and in our rulers
in order to save US from utter overthrow ?
Are you still content that this rate of ex-
pcnditure shall continue? How long can it.
continue? BY the statistics furnished in
the census Of 1860 the value Of the real and
personal property Of the entire United
States, before war and destruction had as
hitting that it possesses the same value to
day, yet the debt is one-third of the whole
amount. But every one will acknowledge
that an assessment Of the value Of the prop
erty throughout the United States now
would not show more than two thirds Of its
former value. This would be about 81
000,0 900. OF this sum the public debt
in few months will be more than one half
Half the grain in the field; half the horses
in their stalls half the cattle in the pastures;
half the hogs in the pens; half the land it.
self every other acrc, will stand mortgaged
for the payment Of four years dreadful
experiment in the use Of the sword, and the
sword alone, in attempting restoration Of
the Union. And even now, all over the
land, the exciseman, the tax gathcrers are
swarming to enforce the foreclosure of this
crushing and relentless mortgage. 1t is
1 '
There will be no grace given: no equality of
redemption. Abolitionism is the principal
holder and then contracts and fraud hold
the balance.
| But allow me to make an application of
| this debt to that great State-a norton of
whose neoplc | represent on this noor. The
assessed value of all the real and personal
nropertv of the people of Indiana in lsGO
! was sail .O12. .424, The proportion of the
Federal debt which will attach TO that State
June 30th. 1865. will be S285, $50, ,5l5. II
will, therefore. be seen that if three-fourth,
! of everything which the citizens and prop.
ei'S hoiooio VI inI't''i" l'oo,o'o i. was pu' vi
at auction anu solu accorulhg 10 the aI
| pralSement ot the census report, 1t would
barely suihcc to meet the demands winch
uno aj.L a,J ;,i,,etr,. 81 ~ s. o,r
"caith anu ~ ~ ~ em ii.. - 81 ~
ears ears of those who are prolonGing this wal
from motives of despotism and unhallowed
galn but L speak to,,day Tor the farmer and
the mechanic-lor the IaDorer whose hear'
it filled with un:elts \ patriotism, and whose
hands are unstained by pIunder. | call up
on that class to carefully estimate these Dur
thens, for on Their weary shoulders they arc
to be borne.
But again. Will be mere met by the TACT
that the payment OF the pTlncipa ol 'lt
public debt VIII be postponed from one gen
GRAFTON TO ahotmer, anu thaI lihe the lpeopi'
OF bngiahSHr u Wiil only DC ca!'eu upon lol II
interest. iakliT even tlat unworthy .n 'igN
Vi .iie IIoSVlon' III ua aoJ "maY wa. w
iheVl'aoie ailluai uelnalus upon 1Al,ellca
labor IN 9roer 10 ayTla Tm open anu afknow
4 edged hankruptcy. lhis cstlillate L max
; upon the basis OF peace, a1ter TINS war sha
; nave closeu, ana thc utmost reuuctioii i'iau
consistent VIII our ai!eleu conuItiIh.
chalehge SCRUTINY ih'o us sups'anliai COZ
rect,'ess' 40 -oo 90
r Eivii s
interior, pensions, Indians, etc....... 2OolO,OO
War Department
j Miscelianeous Lisht houses building. 25,0Oo,U
80, 49, -
,,.orost on ,,u,,,ic deht e1igm'gS 5i5 gp9 ~
--
III 6l2,7S
Every one of the above items is put much
lower than | candidly believe it will be, but
even at these rates we find that each year Of
the darkened future. the Treasury Depart
ment will reach forth the hungry hand o.
revenue and seize upon the fruits of indus
q trv 70 the extent of four hundred and forty
one millions six hundred and twelve thou
sand seven hundred and eichtv-fye dollars
I And the novment of this vast sum leaves u
g rs much in debt as before. for it paws not
dollar of the enormous principal. 1t i
9 simply what must be annually palu TO pre-
5 - ;o,,,,+ ,.o,,,J;at;on II cone+;+u+ast tb
i NchV lii"'"i' i0puu,''io,i.. ~ ~7 " "
:, current expenses by Wnlcn tne gOVernmel
J, iS enabled to live from day to aay
Il ~ ~: - -, e. bo 80 :;
r fiOW, then, is thlS annual sum 10 ne ran
- ed hv the peOple2 Taxes must be paid OF
IS ~ q ~ ,,oo,>l, ond no+ J.
\ OF inc eaIninSS VI tlle pcolllo, anu NY
= the sale of their original POSSESSIONS. Otl
: o.,,,;,o .,,o.;o, boaon,oS cnufisootinn on
d oi"i"o '"Au1ioh DNN"",, - -,
1 soon the citizen would nave neither III
u mnons to sunnlv rnvcnue nor to sllpno
n % il -. 80, q
, lie. Ii Wlldt tNe luDoIul tuiHS oNci an
= above his own livelihood IS not sufficient
II ,,oot tho Claims of tho tav patborer the
+ sales commence by which the Governmen
e sooner or later VIII become the sole own'
OF all the estates OF It's lnhipltallts re