The Vinton record. [volume] (M'arthur, Vinton County, Ohio) 1866-1891, 1866-12-13

taxation can be lessened By such
a modification of our revenue lava
as will be consistent with the pub
lie faith, and the legitimate and
) necessary wants of the Govern.
ment. .'l t' foil
Inc report presents much more satis.
factory condition OF our finances than One
year ago the most sangnlne could have
antieipated; During the fiscal year end.
.lg the 0Vth June, 1866, the last year Of
the war the public debt was increased
S9il ,0O2'537, and on the 3lst of Octoher
, dS6o, 10 amounted to $274O.S .S54, ,760., On The
5lst day OF October. 1856, II had been re-
dneed to e2.5 ,3l0.006, the diini1ntinnl dn-
rIng y period OF fourteen months COM
mencing September /, 1864 and '.na,rs
october Slst, 1866, having been S26e 5as
OGo. In the last annual report on the tai.
ol tne finances, It was estimated that dur
ny the three quarters OF the fiscal, wear
pnunlg Ine 3oth or June last the debt
MMouiu Ge increased $lll,l9I,947. Daring
tne ,ne. o P-rioa, however, 1t was reduced t3i,.
hoo'1 ons ome receipts OF the year having
Deeli SS99O5,905 more, and the expenditurts
S2Oo'o2O235 less than the estimates. > Nom.
InS could more clearly indicate than these
statements the extent and ayailabilitv m
the NatlOnal resources, and the ranIfiitv
ana safety with which, under orlr form ~
government great military and naval Ca
taDllshnients can be dlsbanded. and 'er.
Penses reduced from a war to peace foot
During the fiscal year ending the soth
0d Cao june 1850, the receipts were $558,03l-
1zO, ana the expenditures $3.50, ,750 $40.
roa Sa'ing an available surplus of 437,3Sl,-
the fiscal year ending the 3Otb AZ fTnne
1867, will be si75,O6l, ,2S6, and that tbe en-.
pcnditures will reach the sum OF S2l8 ana.
o,s, leaving in the Treasury a SURPLUS Of
SloS.o3S3OS For the fiscal wear ending
June 5O, lSGS, 1t is estimated that the reo
celpts VIII amount to $436, 1000. 900, and that
the expenditures will be $3.50. .247,64I--
showing an excess of SIS, 5,752, $3.50 in fayor
OF the Government. These sestimated re-
celPts may be diminished by a reduction Of
excise ana import duties; but, after all
mecesSary reductions shall have been made
;.c revenue OF the present and of follow
ing years will doubtless be .sufiicientrto
cover all Legitimate charges upon tSo
Treasury, and leave a large ANIMAL our.
Plus to be applied to the payment M tha
! principal of the debt. There seems now
10 De no goOd reason why taxes NAV not
be reduced As the country advances IN nm
| ulatioh ana wealth, and yet the debt be
eNtmgnlshed within the nexyquarter OF .
Ihe report Of the Secretary of War hpr.
hiSNes valuable and important information
III reference to the operations Of his De-
pattnleht during the past year. Few VOL
! they are being discharged as ranidlv, AZ
5hey can be replaced By regular troons'
me army has been PROMPTLY paid. carer
iuliy provided with medical treatment
wen sncltered and subslsted and Is to bc
Inrhlsheu with breech-loading spalllarDAa.
Inc military strength of the nation kas
Deeh unimpaired by the Discharge of VOL
nnteers, the disposition Of unseryiceabla
OF perlshaDle stores, and the retrencbment
OF expenditure. Sufficient war material
10 meet any emergency has been retained.
anu from the disbanded volunteers, stand.
,ls ready to respond to the National call,
large armies can be srapidly organized'
equipped and concentrated.
F0rtlllcatiOns on the coast and frontier
nave received, or are being prepared for
more powerful ornaments; lake surveys
anu harDOr and river improvements are In
So.lTse OF ener%etic prosecution. Prepar-
atlons havcibcen made for the PAYMENT ~
the additional bounties authorized durin1
the recent session of Congress. under sucs
regulations rs will protect the Governments
rom frauds, and secure the honorably dis
charged soldier the well-earned reward
ol t ms laitllfulness sand.. 'gallantry. More
tn:Ih SiA thousand manned soldiers have re-
ceived artificial limbs or other surgical an
paratus; and forty-o one National eemeter.
les, containing the remains of l04.526 I'm.
ION soldiers, have already been establish
ed: Inc total estimate Of military appro.
prlations is $25, 5000. "fr'
III Is stated IN the report of the Secreta.
ry Of Navy that the naval force nj th;a
time consists of 27S vessels, armed wiz
IDOL guns. OF these, lis vessels, carving
lUzo guns, are in commission, distributed
ShleHE among even squadrons. The num-
Dero men III the service is l3,G0O. Great
acCiNity ana vigilance have been displayed
py an tne squadrons, and their movements
nave Decn JudiciOuSly and efficiently ar
ranged in such manner as would hest nro.
mote American commerce. and protect the
rights and interests of our countrymen
aoroau' Inc vessels unemployed are un-
uerSoitg repairs, or are laid up until their
services may be required. Most of the ,
lroa-clad fleet IS at League Island, In the
vicinity of Philadelphia, place which,
uhtll decisive action should be taken by
Oongrcss' was selected by the Secretary
OF the Navy as the most eligible location
~, - 'i"' .Idss Vi vessels. 1t is imDOrtant
thal suitable public station should be
provided for the iron-clad fleet. II is in
tehueu mat these vessels shall be in pro-
per condition for any emergency, and it
Is desirable that the bill accepting Leaeue
island Tor naval purposes, which passed
the House of Representatives at is last y
session. should receive final action at an
early period; IN order that there may be
suitable public station for this class Of
vessels, as well as navy yard of area suf.
nclcnt ior The wants OF the service, on
tile n Delaware Rive. The Naval Pension
inn unu amounts t.6 to gu 100000, having been
increased S2,75O.0OO during the year. The
expenditures of the department. for the
Ilscai year ending 3Oth June last wers
$43,32452S and the estimates for the COM
ing year. amount to s23,56S, 1856. .Atten-
tion is invited to the condition of our
seamen, and the Importance of legislative
m. measures for their reliefand improvement.
Ihe suggestions in behalf Of this desery-
ing class of our fellow citizens are earnest
~ recommended.a.to the favorable atten-