Tama County Republican. (Toledo, Tama County, Iowa) 1867-1872, 1867-12-13

stable and secure. A disordered currency is
one of the greatest political evils. 1t under.
mines the Treasury for support Of the social
system. and encourages rropensi,ies destrnc,
tive Of its happiness, It was against industry,
frugaiity and economy, and it fosters the evil
spirit OF extravaganza and speculation. 1t has
been asserted by Que Of our profound and
most gifted statesmen that OF all contrivanccs
for cheating classes Of mankind, none has
ever been more e~ffectusl than that which de-
1udes them with paper money. This is the
most ~cffectual of inventions to ~fcrtilize rich
mems fields by the sweat of the poor mans
brow. Ordinary tyranny, oppression, excess
sivc taxation; these bear light on the happi>
ness OF the masses Of the community compar.
ed with a fraudulent currency, and robberies
CO, united by deprecated paper. Our own
history is recorded for our instruction -
Enough and more than enough Of a democrat
hating tendency, injustice and intolerahle
oppression on the virtuous and we'll disposed
Of q degraded paper currency authorize ID by
law, or in any way countenanced by govern.
ment. II is one of the most successful devices
Of times Of peace or war, revulsions or rcvolu-
tons, 10 accomplish the transfer Of precious
metals from the great mass Of the people int,
the hands Of a few where they are boarded in
secret places. or deposited in strong boxes
under bolts and bars, while tho people are lcft
to endure all the inconvenience, sacrifc-. and
demoralis ation resulting from the use o: a de-
preciated and worthless paper money. The
condition Of our finances and the operation of
our revenue system are set forth and fully ex.
planned in the able and instructive repor, of
the Secretary Of the Treasury. On the Both
Of June. 1866, the public debt nn counted 10
So, 7S3. 425, s79 on tue 30th of June last it wns
$685. 1925, showing a reduction during
the fiscal year Of $Sl, 226,6e4. During the
fiscal year ending June 30th, 1867. the receipts
were $500, $4,000, and expenditures 1856 729.-
l23, leaving an available srrpln. Of $143. 9O4.-
$50. I: is estimated that receipts for the is.
cal year ending June 30t.,, 1867, will be
SAT-, l61 ,92S, and that Of expenditures will
reach the sum of $500 o2a ,226. leaving in the
Treasury surplus Of &c, $40, 1872. For the fiscal
year ending Jun 5Oth. 1869, it is estimated
the receipts ' III amount TO 1881 600. 600.
and that the Expenditures will be S3722, 900, :
Ooo. showing an excess Of &c. 900 in favor
of the government.
Thu attention Of Congress is earnestly invi.
tc' to the necessity Of n thorough revision of
our revenue system. Our internal revenue
laws and import system should be SO adjusted
as to bear most hesvily on articles Of luxury,
leaving the necessaries of life as free from
taxation as may be consistent with the real
wants of the government. The government
economically administered taxation would not
then fall undnly on the man Of moderate
means, and while none would be entirely
exempt from assessment all in proportion TO
their pecuniary abilities would contribute
towards the support Of the State. 4 modif
cation Of The internal revenue system BY a
large reduction in the number Of articles now
subject TO tax would be followed by results
equally advantageous to citizens and govern
ment. 1t would render the execution Of the
law less expensive and certain, remove the
distractions to industry, lessen the temp,a-
tons to evade the law, diminish violations
and frauds perpetrated upon its povisions,
NJ Ike its operations less inquisitorial, AMI
greatly reduce in numbres the army of tax
gatherers created by the system, who take
from the mouth Of honest labor the bread it
has earned
\ sound currency should be restored, and
rnblic faith in regard to the national debt
sacrcdly observed. The accomplishment Of
those i,nportantk sults. together with The res.
~toration Of the union Of the States upon the
principles Of the constitution, would inspire
conf 'elce, at home and abroad, in the sta
biiity Of our institutions. and bring to the
nation prosperity peace and good will.
THE WAR DEPARTMENT REPORT.
The report Of the Secretary Of War. ad inter
TN, exhibits the operations Of the army and
several bureaus Of the War Department. The
aggregate strength of the military force on
the Both of September last was $685.. The
total estimate for military appropriations is
81, 124, 7O7, including the deficiency in last
years appropriation Of $4,000 600. The pay
lncnts Mt the treasury on account of service in
the War Department, from Jam. I, to Oct. 90.
1867, n period Of ten months, amounted 10
Si9,0S7. 900. The expenses of the military
establishment arc three times rs great as they
have ever been in time Of peace.
THE NAVY.
The report Of the Secretary Of the Navy
states that we have seven squadrons actively
and judisiously employed, under ~eiicien. and
able commanders, in protecting the persons and
property Of American citizens, maintaing the
dignity and power Of the government, and
promoting the IN and business inter-
es's Of our countrymcn in every part of the
worll. Of the 23S vessels composing the
present Navy Of the United States, Sc, carry>
ing 507 guns, are in squadron service. Du.
ring the year the number Of vessels in CON-
mission has heen reduced II, and there are 13
less on squadron duty than there we're At the
date of the last report. A large number Of
vessels were commenced and in course Of
construction when the war terminated and
although Congress has made the necessary ap-
preparations for their completion, the Depart
ment has either suspended work upon them,
or limited the slow completion of steam ves-
sells SO rs to meet cont tracts for machinery
made with private establishments. The total
exp ndi,ures Of the Navy Department for the
fiscal year ending June 80, 1867, we're $3l,-
340,Oll. No appropriations have been made
or required since the close Of the war for the
construction or repair Of vessels, for steam
machinery, ordnance, provisions, clothing, fuel,
hemp, &c.,-the balance under these several
heads having been more than sufficient for
current expenditures. 1t should also be sta
ted to the credit of the department that besides
asking no appropriations for the above objects
for the last two years, the Secretary Of the
Navy, on the goth Of September last, in &C.
cordance with the act of May 3lst, 1920. re.
quested the Secretary TO carry to the surplus
fund the sum Of sixty-6ve millions Of dollars
being the amount received from sales Of yes.
sells aud other war properly, and remnants oi
former appropriations.
POST OFFICE APARTMENT.
The report of the Postmaster General shows
The business Of the Post Office Department and
condition Of the postal service in . very fa.
vorable light, and the attention Of Congress il
called to its practical recommendations. Re
CENTS Of the Department for the year ending
1une so2th, 1867, including all special appro'
nria,ions COR sea aud LAM service, and for
free mail mater. we're $l0,978, 500. Expendi.
tures for 81 purposes, were Sl9,235. 483, leav.
ing unexpended a balance IN favor OF the De-