The daily Gate City. [volume] (Keokuk, Iowa) 1855-1916, 1865-07-25
More Poverty.

More Poverty.
The State Press, of this city, has acquired
marked eminence for "poverty Of sense"
but its last issue we think equally eminent for
poverty of arithmetic. Speaking of the ter
rible condition to which Republicans have
brought the State finances, it says: ys
1.-The bonded debt of.the State, was admit
ted to be 100000, to that add the $54T ga,
So which it was expected the general govern
ment would pay, and the $4,000 claimed "a
due from the State to the United States, and
you have the total indebtedness of the State
at SgO5, GA ,58, the interest on which will
be near sesnty-tro thousand dollars per an
num-
That is bad. It is a big load for even the
little giant, Iowa, to carry. And we Suppose
it must be so for the editor If the Press ID
reay sharp-he is. He knows a thing Or two.
and knows it for certain. And he has cogita-
ted deeply over this thing-so deeply as to
take nearly all the hair from his head He is
a patriot, iaboring for the public good, and
in exalted sentiment beats old Patrick Henry
all to pieces. He is willing not only to know
the awhole TRUTH but q great deal more.
He wishes to show the people of Iowa Just
how they stand, financially, and Just what
burdens they must bear because of Republi-
can rule, and a good deal more
just look at this brilliant arithmetic. The
State has debt of $500, 900, which she owes
and has issued her bonds therefor, at seven
per cent. interest. That she must nav. Then
the general government osces her the sum of
S547, 644,5s, which that government admits
to be justly due. But that government has
certain rules and forms known as ssred tape,''
which were not known or fully understood BY
the Iowa auditing officers at the time this
money was expended for the United States,
and as these claims do not, in form. meet
each detail of the requirements of this {. red
tape" the officers of the General Govern
ment reject the claim. Therefore. assumes
the fress, this great claim against the Gener-
al government becomes claim against Iowa.
and must be added to the $500, 600 of bonded
debt, and S50,o00 more which the officers of
the General Government, by their ruling.
show as over paid by them to the State. hui
which, in fact, was justly due and paid the
State This is remarkable figuring. It comes
OF something more than talent. tits an ex-
hlbltlon OF genius. Let us illustrate. A man
owes SoVo. Another man owes him 81, 600,
put Tor some bubble refuses to pay on de-
mand, and consequently this 81 900 becomes
n debt against him, instead of in his favor
and he, poor fellow, is swamped with a load
OF l,3oo, and ever so much interest. This.
TO us, is Just as clear as the thickest mud we
ever saw, nor do We expect ever to be able to
comprehend it.
The fact is the Republicans have so managed
the affairs of the State that Iowa stands nj
the head of the list of all her sister States in
the assistance she has given to the work of
putting down the slave holders rebellion.
one mas sent more and better men into the
service than any other, in proportion to what
she had to send. and now receives the admi-
ramon OF The world. And while she has out
done all others, she has not loaded herself
with debt. She owes $500. 600. to he maid in
twenty years. The General Government
owes her S547, 644,5S, which it admits to be
justly due and admits heexpenditure to have
been made with great economy, and will nav
every dollar OF 1t so soon as the matter of
form can be adjusted. When this is paid
Iowa will not only be able to paw her bonds.
4 without dollar of tax for it, but will have
the magnificent sum of S247 .G44,5S in her
treasury, for the development of her resour
ces, the founding and endowment of her char
liable institutions. and for advancing herself
IN greatness and glory. Such is the result of
Republican rule. We do not wonder con-
perhead cannot understand it, or that his brain
becomes SO muddled over it, so that he trans
poses parties and obligations. Such results
are no part of his philosophy.
Now, cops, pitch in on this all Won choose.
1t IS what the intelligence of the State can
comprehend and appreciate. The financial
success OF Iowa has been equalled only by
her military success. In both she leads the
van, and this proud position will attract to
ner borders thousands from other parts to
share her blessings and partake of her glory.
But the Press further saws:
contrast this with the condition of affairs
When the Democracy relinquished the State
government IN 1854, when the State debt was
less than $4,000, and you have, as the re-
sun OF eleven years of Republican rule, and
the general adoption of the ideas of the Re-
publican party, State debt upon which the
toihng tax payers must pay an interest
amounting to twenty-five thousand dollars
more than the principal of the State debt
eleven years ago."
Yes, contrast all you please In time of
profound peace the Democracy contracted a
debt of $4,000.
During the crushing of the greatest rebel
hon known to history, requiring the labors of
four years and 10000 men from our State.
the finances have been so managed that we
have due us almost quarter of million of
dollars over and above all liabilities. This
viii trouble the toiling tax payers terribly.
Should not we turn the State over to the De-
mocrarts, who know how to run the State in
debt in times of profound peace. This would
be an effectual way to use up this surplus, and
for this purpose perhaps it will be done. FIR
Their the wise man says:
1--WE do not say bnt what the Genefal Gov
eminent may yet allow tee State account. hut
its allowance involves the appointment Of of.
fcers to proceed from this State 10 Washing
tonic attend to the matter and be paid high sal.
aries for so doing. And if allowed, II will
only add SO much to the National debt and
merely divert the tax without removing the
BURDEN
What has he been growing over the fail
ure, thus far, to collect of the General Gov
eminent for7 1t seems after all he il like
Mr.. Toots, "It is of no conseouence,'-s
mere diversion of tax which NAV as well he
met one way as the other! It Is very Aard
work for a man to play copperhead. in
wolves him in all sorts of Inconsistencies
Everything is wrong, no matter what ;ts char.
acter, and must be shown to be SO. We should
think, after having failed in all efforts to sus-
tain the rebellion, they had better weld their
cause and become decent men.-Io,na M,
Republican.
NEUTRALITY-SUSPICIOUS.