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

The abolition concerB over the way il getting
quite alarmed at the idea that the Democratic
party is going TO make the question OF taxing
the Federal securities an issue IN the coming
campaign.
Il is endeavoring to get up the old cry OF re-
bellion. conspiracy, &c, against the Democracy,
thinking thereby TO draw the attention OF the IN
dustrisl classes from tho gigantic frand perpe
trated upon their rights by rn abolition Con
gress But we would suggest to the Journal
that this hue and cry has been used 50 long by
its party that il has lost its charm and become
quite thresdbare, and the humber classes OF the
people will demand some more satisfactory rea
sons why they are compelled to bear more than
their lust share Of the burden Of taxation.
To show what effect the exemption Of the
Government bonds will have on future taxa
ton We will take the city Of Dayton a. an illus
trstion.
The taxable property OF Dayton. real and
personal. i = about ten million dollars; and ac
cording to a statement made in the Journal some
four or five weeks ago there we're then held In
the city nearly three millions dollars in Govern
ment Bonds As the loan has been in the mar
ket since that time up to the present, we think
il safe to put down the amount now invested in
this city at three aud one-thrd million dollars,
being one-third of the taxable property Of the
city Of Dayton.
Thus, for example, poor man who will be
now compelled to pay thirty dollars taxes on his
property would, if these bonds were taxed the
same other property, have TO paw only twenty
dollars, or two-thirds of what he will now be
compelled to pay; while the rich man. having his
money invested in these bonds bearing seven and
three tenths per cent. interest, is exempt from
taxation. which is equivalent to about ten per
cert. And he who needs the most protection
from the Government, escapes from paying for
that protection. while the poor man u taxed to
protect hm.--DAyton Empire.
The New military Arrangement.
We Yesterday published an order from the
Adiutant Generals Office at Washington. for the
assignment of general officers Those OF our
readers who looked il over were doubtless OF the
opinion that there were a great many more than
we're necessary to perform the military service
now required by the country. The country is
divided into FIVE grand Military Divisions, aud TO
each Major General is assigned, with a retinue
Large enough for a mass meeting, with allow
ances for expenditure proportionally magnificent.
These grand divisions are subdivided into fifteen
departments, at the head OF each OF which is a
Msior or Brigadier General. with appointments
proper to his station. The New York CONNER
cial, commenting on this arrangement, says:
Under these division aud department com
manders, and revolving around them. is body
Of Generals with their tails, all supposed to be
| delegated to some imposing duty. but most OF
them passing their time in improving their minds
at billiards; and at regular inter' ais doing the
heavy work of drawing their pay. The business
that might be done by half dozen active clerks
is psrceled out among hundred grim and grizzly
veterans, who might do their country better SER
| vice by going back TO their farms and their mer-
chandise."
True What are the duties in the Department
OF the Ohio of the numerous Major and Brigsdier
Generals who are ordered to report to General
Ord at Detroit Ii these gentlemen to be
retained in the service and receive pay for past
mertorious conduct in the field, when the coun-
try does not need their services and has nothing
| for them TO DO. let the fact be sc explicitly
stated. The truth is. our military establishment
is five times larger and more expensive to day
than is needed, and the prospect for its speedy re-
| duction to reasonable limits is by no means .
asuering one.-Chicago Times