The Placer herald., 1867-06-22
Important Official Figures.

Important Official Figures.
We compile the following facts from the
official "Reports of the Secretary of the
Treasury, of the United States, on the state
of the finances, for the year 1866.
1860.
Ordinary expenses of the Govern
ment. .S60,Ol0,ll2 SO
Paid interest on
public debt. $ 3,l44,620 "a
Paid on principal
Total expenditures for year 1860 s77 ,O55,l25 65
1866. .....
Ordinary expenses of the Govern
ment. .............S 1887 ,6S3,l9S ~
Paid interest on
public debt .$133, ,O67 ,74l 60
Paid on principal
of public debt 62O, O,s21,725 6l-753,3 ,467 80
Total expenditures for 1885,. 81, ,l4l 072666 %
(See pages 30S and 3O9)
It will be seen that the Government ex.
penditures for 1866, we're abont fifteen times
greater than ia 1860. In other words. the
luxury Of being governed one year by New
England Radicals, costs as much as fifteen
years under Democratic rule.
The interest alone, which we paid last
year (mostly to non.taxpaying bondhold
ers,) would have been sufficient to pay the
ordinary expenses of the Government under
Democratic Administration, for two years.
By referring to the same volume (pages
157 and 1881, we find that, Of the above ex'
pendtures, the sum of s2,29l,s7s % went
to pay Federal Assessors, Tax'gatherers, In.
spectors, Agents. Commissioners, ETC., Of
"internal Revenue" modern invention
from the fruitful brain of the Radical party
leaders, TO make the poor poorer, and the
rich richer.
The taxes and internal revenue (including
Income, direct taxes and sales Of stamps)
collected by these agents from the toiling
millions of producers and consumers, to en-
rich aristocratic bondhoders, corrupt con-
tractors, manufacturers, ETC., amounted 10
the enormous sum of $3ll, ,2O1 ,567 81. (See
same Vol, page 1907
Only think of it, One thousand, one
hundred and lhirty,one millions, seveniy'two
thousand, six hundred and sixty y'six dollars
and nine cents, expended in one year 10 car
ry on the Government in time of peace.
Assuming the total population ofthe Uni
ted States to be 35,OOO,0OO, if we divide the
Sl,l4l, l,O72,666 % equally. we will have
S32 60 to every man, woman and child 10
the land. But how many real Taxpayers
are lhere2 The Government draws por-
tion Of its revenue from every person in the
country, because no one can eat, drink,
sleep or wear clothing. that does not pay
tribute TO the Treasury; but the women and
,.h; in Eory IIu
pay nothing They are a non producing
class, and their expenses are paid by the
heads of the families Of which they are men,
bers. The number Of persons who actually
pay the taxes is small Five millions would
be liberal estimate, and the proportion Of
the expenses OF the Government last year,
to sacb, at that figure, is 1928. Besides
this large amount tn ~ had to pay State,
County, City and Township taxes. Is it
strange, under these circumstances, that the
complaint of dull times greets us from every
quarter! Retrenchment and economy have
become absolutely necessary among the peo-
ple. to enable them to meet the demands Of
the Government upon them.
We ask the reader to contrast the eco
nomical administration of the Government
under Democratic rule, with the present
proAigate, wild and corrupt squandering Of
the public funds of Radical Congress, and
and then to ask himself if it is not high
time to have change 10 the management
Of Governmental affairs. Is it not better to
make the change at once, before all is lost
than TO wait until the country is swallowed
up in the vortex of financial ruin, and indi-
vidua and Federal bankruptcy ensuesa-
Vanguard.