Council Bluffs bugle. [volume] (Council Bluffs, Iowa) 1860-1868, 1867-10-03
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|1sds IL dssss


Esw 40 .~-aA- ~. z Psss sss
! Aaassass 10 sss . can payer NJ on.
I Ehe hHys = poasa a ssgass 81 amssss !
4 Yasd af naslius or Epats y tsRsms msnss 81
i Cats N Iriah potaEos. Taxaaon eahan-
ses shs prices Of those and sR thing
ssse, shssass need or passksssd, kas wfsk
Ishis iafslllhls eaadissoa kAas abe Asxra.
gate fncssase % Rbat sn Lay i slvmys
greater sh~n % whas weEsell. Thai eli-
fsfenes Becomes reveoae. after dedus.
saiagl shss sss ef saigestisn ard pxusils
whsch ara n.as b. Ans fen 81 shs ex-
penss of shs aany. To evafg $40, 90
nam and ehild 10 The state shsrsfuFss il
tAls address digsated.
Yoar asssastan ss e6rsk iassssd 30 ths
iellsEing expasili0n sf oar sssaeial
Iecndislon and aanagemeHs, ana - Ghs
ira aesions shtrcoa resnIting.
THx nacSirupx CT oUa SATi9saL D1nE
This Is al lsas. thrse 1mss as kresS, IL
psaportioa ID. osr uasas u pay Ins9s as
taat of any sthes nsslah ea ths facs ef
sas earth. Greas. Brian kaa beFesofaTa
borne Ihs anenyisb pasa, iRs tbs Es.
fpset let % compare e0udisIons. a.
| Our debt as airca6y fec0xnfz d END
allowed, is about !, ,Stlo. .000, 600, theirs
S4,DJ0, ,0Q0p00. Bar ihsR .,lsht brars an
| average interest Of D little nase, Than
three ger ceat. wbils ours Is neat six.
IOax anuaaf interest is GkeYef9fe greater
than theirss aE
Bat there ID a vaasl amannt eE o&har
claims againss the federal governmss
many OF whioh afasg ventaaiiy Be allow
ed. No reasonable eaioniatiou sxes
shess d. Ices than $j00, cot, ,00d, ard
many, amesg whom ID Th@dasas Stevens,
believe they will amHuns &C three times
shis sum. This xouiasxeii our indsbs-
e4isess TO 81 900 .00l, ,DO0. 50
BAsidss, every staSs has aehs Of its
owny From statsueuG just faFBishsd
by Tie Bureau Of Statistics at Washing.
ItOn. t6ssa nov amount in the aggregate
60 sol. 900 ,uoo. add 10 tAis sbe bond
led dybts 0f our cities sad eaunties end
40 ons can dsabt that The aggregate
am cunt Of Our public iadebtedness Is at
| iasg equal to that Of Great Britian, TO
say soshtng Of tas dsafsress rates Of ia.
ssress paid by ths twa governments.
NE the Tsiae Of the real aad peFsons al
property 10 the United Ikiogdon Of Great
! BsiIian and Ireland IL, accJrdiag 70 The
best estimates, rot less that 8 40, ,000, 600,
0O0. 1aEs In 1860, waa estimated at
! SIT, Doc. .00D. Coz. Ia this as included
soms s., ,000, ,O00, 900 Oi slave property
which has tiuce been anhihiIated, be-
s,des several bEliioss OF other property
asad ap. or destroyed in war. 1he ia-
crease 10 our naIiBnal wealth siRsa 1850
Fhas not been sLf5ieBt to supply lhess
| deductions. This great sgSrrgate at
Gbs eay, wheAs nasasur In geld {the
standard ty which eur i"terstt Ia eaisa~
4 iated) cannot rxee4d SIS ,lp00, ,000 900, or
/ ene.lhIEd ef that oe GEeas Bsiiian and
| lreiani II, 10 addition 10 ail this we
/ Esaees IhaE Iadis, Aa.1elis, BRITISH
Americs, and The isies Of the OCEAN are
4 all more or less Eribu,ary 10 tbe weallh
And psosferisy Of shsa kingdom, ws can.
Ros ayeid the c0ualasion that in propor>
Iion TO our mssns of payment, pur Ia
dastry is eTushed down bya weighs al
least from three TO sye ti1se greater
than that which haS. heretofore been
barBe BY the nsst dsbs ridden nation
tpveT known 90 history.
This calealasHoR Rads soa6smaaien
when viewed fFoaa q stand point sams-
what dIfFrens- The aggregate revenue
IL ilecaed in Great Britian has for ser ssr.
al Bsars past ave aged G 10. 600 600, sAieh
i. something less than $3.50, ,000, ,000.--
This is considerably Ices Ihsn ons per
cant. upon tie aggfegats wealth OF that
sosaisy.
| Ia shs year suding Jaly lss, 1868, {ths
last yfaf FOR which the rpsurnssare com
plete, the feagrai rgvenue eoliseted
amDaasssi TO $50 600 600. Fbe Stats
tieal Bageau sssimssss The snxes collected
uuder slate antheFity, for tAat ysaF st
$40 ,OO0, 600 more- making An aggre.
gate 6Y over 5000. 600, 600 coIleesed III
that cBe year. This Is six per cent. on
cur wsalsh.. ess mated a. Sl5,G ,0sso,
600. No Eeeple gan long sndurs saeh
taxation and lire.
During The year, however, solne S240-
900 ,OUO, ef abe public debt was paid o,f.
Ehis sam is RaaGal "a liEkls moFe than
enc and q half per cent oI cur whale
national wealth, Dsluetipg this fran
six rer cent. ard there wIli remain a
ftax Of nearly foar and 4 half per cent.
On all our weaith, which, during the
last yenr, vas collected aad applied 30
other purposes than the paymast Of he
principal Of eur public dsbt. Such q
fesesas nay therefore, be regarded rs
necessary 20 meet our caFFeHt expskdi-
lares. :.
( During the year ebding Jaiy Ist, 1867 /,
and for the two months oF lke cuHrenE
year less amount Of resssushas been
eolisetsd.. IL Ia annsanccd that 81 By
81, COZ, COZ. Of ibe pnblic dsbs has aeen
sald Of durisE thess loursseu moaths.
The secretary uf The treasupy expfsss E
sbs apisior Tnat during the rslnafnoss Of
the > cap, eadsng Jaly lss, 1865, the debt,
iassead ef beifg disasnishsd, sill be
somewhat insFeasea. at
/ Is is, sheftfors, fair TO eonclnde that .
rsvtnue Of more Ihsn foaF per cent. on
all our natidsas esalsh, viii have 10 be
collected annually hersaggts Cor carrying
on oar govefnmenss, state and feoeral--
wishoae appsysng atfoIsas ss she PES aren't
of she psineipal OF ths debs. "A bee q
more ihan foaF simes sac ameunt paft
BIZ tie subjects of the British Qaseess
Lard fully aeoofds with osf previous eai.
calasion. @ *e 1a's
Mon slsen somes alt shis revenue : Il
d eFssi I'd BIZ ~ lsgislsssys msgis. bas
svsxy doIsst thai ls obsasned by khs &9y*
ernazent eemes directly Or iadsEscslg
ffroza ths people, adasng shs cost u eai-
iseston and slhss ansssosdaele sxpsass
tarss- Iha dag Isbsrrr ubag ssppass
4 fkxf h5z rdgertu ahspIa1A htfa feaxn tAts