Daily State sentinel. [volume] (Indianapolis, Ind.) 1861-1865, 1865-02-08

low the Money eoes.
The current expenses OF the ieieral govern
ueps are no, less than three million. Of dollars
per day. or over one thousand millions per an
nun About one million per dsy - raised oy
tar.s:on. in addition 20 the heavy cost of sup
porting our state and local sathori,ies. roads.
schools. public charities &c &c leaving same
tvo milIioos per day. or seven hundred millions
per annum To be added 10 our vast national deo'
This money re are in part borrowing IN bufoPe
ct che rate Of sfy cents Oh The dollar = nS' -
We get City cents for every dollar We promise 70
pa,--apd 90 are agreeing to pay two dollars for
On. v;,h ten 70 tselve per cent, interest; and
good many Of our own people refuse 10 lend
their government even at these moustrous rates
To day. men risking their funds IN all man
ner Of wild speculation. in preference to Lending
70 their country on terms more favorable to the
lenders thar greet. energetic nation ever offered
I'll nov; and prudent men choose TO take their
interest in greenbaeks Oh bond and mortgage
rather than in gold on national bonds IL Is Tar
within the truth 70 sly that our country Is run
ming in debt one million dollars per day or three
hundred millions per annum more than she need
or would IL her credit were good as that OF
wILLlAn b AsroR or Of Great Britain. though
the British national debt il considerably larger
thar
Such are the circumstances under shich-with
gigantic war for the national existence still IN
progress-the House OF Representatives sees b
to pledge the national resources aud credit to two
-o~La Of ;rfa,n.I imr-nvemeur-a shir.
canal around the falls Of Niagara. and another
connecting the waters Of lake Michigan With
those of the Mississippi. These works arc OF
course estimated TO cost less than
twenty millions. but no forty millions ~
ever complete them Their preiext Is nations
defense; but nobody imagines thar they can be
Constructed during the present war or for sew
eraI years after it, close. They Gould be u-einl
IN no way but one ~ith Great Britain. while
she money they would cost wisely expended.
would suffice To sever peacefully the connection
between the Canadas aud Great Britain IL "t
should ever again be so unfortunate as to be in
volved in war with the British crown. there will
be men ~ho gill take contract to put the eii
emy out of the Ctn,dss and bar the door aiie'
them for less than the cost OF these two canal
and they woull do the 10, before a-king for then
pay.
But what use in running down the false pre-
lenses under shich these schemes pushei !
Every one know who knows Any thing thal
they are not initiated with any to national
defence or military Operatious-that they are
simply raids he treasury tor personal arc
local sggrsnd cement Thew are intended t
make fortunes OF individuals some of whom
are after money. Others intent 5n Office ane
politicsl consequence They grabs. th'
principle of each tor himself and the evil on'
take the hndmost-
The foregoing comments upon the Legislation
Of Congress and the administration OF the dom
insnt party. conc from high republican source
The New York Tribune. They are words .
truth which deserve the serious consideration o
the country II democratic Der had gvei
expression to the same sentiments il would have
been denounced as sympathizng with the rebel
lion and ende .voring TO embarrass our own gov
eminent We are happy to notice that Que re
publican paper has the courage To denouce 9TH.
raids on the treasury for personal and local az
grandizement'
There ~ volume of suggestions in that sim
pie expression. IL has been raids upon the trea
sury" that has prolonged. and which. if longer
permitted. will indefinitely proIong the war
Stop personal and local ACKNOWLEDGEMENT. Ia,
spirit of covetousness or. as The Tribune forc
bly, expresses il. the grabs upon the treasury
which has characterized the from the begin
ming. then We may hope for speedy termina
ton Of the terrible exhsusting strife in which Il,
country is engaged. and not until then