New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1866-05-15
year ending june 1857 Deduct requirements
or NE year per esmaie Of SECRETARY Of TreasurI e 90

tho Tset from the sources namel made
By IL. levsaue Coussoaers The amount Is sl9 o0 ~.
On me D. h Of june reEt meet all the requirements o.
oyerum- for tho fiscal year ending Goth ofJaae 1901
TSee !. ssi:y therefore ior taxiug any other
tcles mp sins any oler tax whatever or Government
purposes"
This clearly DR. 7ons.ates that with suTpu, OF $40 900 900
taad over tho matel expenses for the year ending June
90 1907 that il will 90 oason financial embarrassment 10
bay the ntere, accrnrS the SOLDIER bonds for bounty
Agia: Tie Treasury Department has estimated that the
South will produce this year about Two Million bales OF cotton
the greater portion OF which will be srpoed and IN con-
sequence thereof there be increase Of mporaons in
Iotgrn.
Tho unpaid taxes OF the Rebeous States and the better
workings % the Revenue law viii bring to os Government
during the next fiscal year One Hundred Million Of dol
lars addition 20 the obtained from the Loyal
Siates which for tins present year. arc estimated st Five
Hundred and Sixty Millions.
tax OF Eve % per pound upon this cotton would
yield si0OOo0oO which. in addition to the sOo0foN Just
named would suffice pay every dollar o. bounty assed under
the b which the Secretary the Treasury eoneousy states
woald COS, Two Hundred and Fifty Millions
This cotton would pay all legal claims OF Union
;he South elsewhere who have suffered losses occs
stoned By the Rsbeon and nye years time would aid 10
ting1hing our National Debt at the rate Of fifty mons
year This subject worthy the consideration Of Mr. Wells
during passage through the critical financial period
1t You'd also have tendency to make goody portonoi
this debt fall properly belongs and at the same time
render cid loyal who knew sacrifice too great
when the Union in danger OF being subyerted to the In
terests Of that class who ysantJ gsrihed Cotton as
King"
The cost OF eguazng the bounes has been subject OF
constant aud giarng Misrepresentation by ProvostMsrsha
General Fry Paymaster General Brice and the Secrea
ry OF the Treasury pleased to base his opinions their
statements.
There is one fact however which deserves passing no.
tice Mr. MoCaoch in his letter. Published In Tia Wash
ins,on Republican. says 1t will cost $3.50 900 900 or 5000
and IN tie letter. furnished to the New. York pre1 he
reduces his opinion go OOo but does not reduce his est
interest DO raised annually He perhaps ex'
plain this readily than myself, and as $50 00 900 Ia quite
item during critical financial period deserves biz at
tention
have made the subject OF equals the
bountes speciality and nothing when assert that
have devoted more time and to ascertain tho true cost
any official other in the country have sought
and securod statistics from every bureau In connection with It,
and published my statements and statistics to the world and
received the satisfaction least Of knowing that had
posed Gen Fys incompetency to give correct answer TO
any question that involved the Of the multiplication table,
Gen. Fry asserted that would cost 1854 Ooo oo Ihave
shown would only 900 The Secretary ofthe
Treasury used h Of Gen. Fry during his carly
position the bill argument against Its passage at this
time and remark with tho authority Of very able and ia
uenal member Of Congress that the Secretary ntimatsd
that the cost to equAe the boon:ies would not exceed
hundred millions Of dollars would occasion no serious
embarrassment the ooantry finances and. under such cir
cumstsnSe all Its requirements could DO met without the aid
Of loan.
Why this sudden change opinion when the cost reduced
beneath the figures stated 1t the result Of greater change
Of policy other quarters that partake OF political than
financial chsraoeri Lot the Secretary answer
Bot are figures made reach two hundred millions
even BY tho mathematics Of the Provost Marshal and Pay.
master General They include is.heir estimate all men
sI.Sb nfOff
aud by such unfair they endesvor sweH the cost even
beyond the figures have mentioned Gen Fay makes no
deduction for well known to every department BY
discharge prior TO expiration OF term OF service de-
serons excess Of credits transrs &C.. &C. Every dollar
beyond one hundred and thirty millions would be paid BY
whether this bill or not Tor all the new
men, they termed fully provided for By law and the
proposed &C, will not them dollar only the adjust
ment OF their accounts intended To limit the foes Of ct
torneys
challenge these Treasury Guardians TO submit table OF
COS. 10 the people Congress Let them not content them
ssves with assertions Of the gross amount but let the
people their figures and aige Ofsher correctness Dare
they do III 80
II herewith send YOU ~, published tables Of which viii
"a out In all have said
These gentlemen also to be announced that IL
would require Is years settle the claims under this aot
Now n this be true how do they reconcile would
quro raised each year that would equal the
interest Of 500 oO0i How would the interest OF 800 Co.,
90 react tl els 10000 per nnum when de-
cline temporary loans per cent and publish notices that
they longer required at that rAtei 1t Is al CANNON
Certainly would required FOR interest before
September and then only sufficient TO meet the payment
OF dae At date proposed to Issue bonds to
the soldiers aud presume tina, they. as clasa arc as
patriotic other end would seek no higher interest than
other people upon the Governments indebtedness TO them
Unless should be marked improvement In the manage
ent OF present pay department certainly not over
sbxG that
Instead requiring sl5oo0o 900 900 for interest In
currency 1t would only require 100000 for the frat years
payment, and Of that due until September 1867.
The P.y Department Gen BrIce assisted by Gen Fry In
half Of tho money voted will ever reach the soldier
In answer this quote section Of Mr. Julians b now
before House. which Is sufficiently explicit to set Of rest all
such idle assertions;
"SEc Ard BE- turlr enacted That whenever application
shall made claimant through attorney the claim
ant shall furnish his Post Office address giving the name OF
toe county aud State which situated and state the
fees which the attorney IL to receive
case shall exceed tho sum Of GO The Psymaser
upon ascaraning the smount due Aan sasm 70 %
pad 10 The attorney which shall paid person
mted to such address the attorney may direct"
The goes direct to the the soldier the Zee to the attor
nov and fraud occurs have Its origin In the Pay
Department.
This certainly should convince any person who 10 willing
to be convinced intended 10 and will benefit
only the soldier COR his lawful heir) who has claims
der
Another grave charge by these energetic minds that
the discharges of the soldiers have been bought BY speoula
tors who claim agents
Twill lost quote the Law upon that subject a sufficient On
swer Here law enacted by Congress July 90 1874
and February &C. 1859.
The former provides that whenever claim against the
pi.ed States sa be allowed BY resolution or oct
Of Congress the money directed bs paid shall not be paid to
sry person but the claimant his executors and admins
nov
executed s the enactment Of the act and expressly recitng
the amount allowed thereby stesed BY two Witnesses and