Daily Ohio statesman. [volume] (Columbus, Ohio) 1855-1870, 1867-11-08

than twenty years. That was year of pro-
found peace. They army had been dis
banded the navy had been reduced; the
military expeditions had not only accom-
plished their purpose, but they had been
brought to an end. And yet, In the year
1866, the government of the United States
realized from its revenue $l00,0 900 more
than the kingdom of Great Britain, and
$4,000 600 more than the empire of France
under Napoleon. (Cheers.) If that amount
had been assessed upon the people of the
United States, it would have reached, for
every man, woman and child in the coun-
try more than $1l 46 in gold. And yet In
this same year the taxation of Great Britain,
assessed in the same way, would have
amounted to $40 96. The taxation of France
would have amounted to 81 80. and the
taxation of Austria to only So. [Ap-
plause.} ...a Tas -g :EG- r.
If that amount had been assessed upon
all the taxable property, real and personal
in the United States it would have reached
to So so upon every hundred dollars, and
if the taxation of Great Britain, in the
same year, had been assessed in the same
way, it would have only amounted to nine
tenths of one per cent. Laughter and
cheers.l The taxable property of Great
Britain real and personal, of every kind
and description, amounted to $36 100000
600. The taxable property of France
amounts to $40.000,000.000, whilst the tax
able property of the United States, of the
same character, amounts to less than $l5,-
100000 OO0O. ---.
The population of Great Britain. inclu-
ding her colonies, amounts to 100000 900 of
people. The population of the United
States amounts to less than 35,000,000.Y
The public debt of Great Britain
amounts to $4,0O0OO0,OOO, whilst the pub
lie debt of the United States amounts to
So 600, 100000. If the public debt of the
United States were assessed upon every
man, woman and child in the country-I
mean the liquidated debt which consists of
somewhat more than $2.200000 000-It
would be equivalent to $74 head, while
the public debt of France, if assessed in a
like manner, would amount to $57; that of
Austria to $40. and that of Prussia to less
$12 head. [Cheers
The interest which the United States
pays for money is, as you know, six per
cent. in gold, and, besides, an exemption
from taxation, which amouts probably to
two per cent. more; while, as you all know,
the interest of Great Britain is three per
cent, and that of France still less.
1t has been stated, lately, very tersely
and very truly. that when the United
States borrows a thousand dollars it bor-
twenty years $4,000, while the Government
of Great Britain, going to the same mar
ket, borrows the same amount of money,
on terms which will in twenty years pay
the lender SLIGO. The Government of the
United States, with its territory unexam-
pied in richness; with its population un-
eXampled In activity and energy. pays a
greater rate of interest than any, nation in
Europe, even including effete and worn oul
Turkey. The public debt of the United
States. which / have told you was
So, ,0O0, 100000. has been accumulated, all
except $S0.000,000, within five years. The
public debt of Great Gritain, amounting
to $4,000,O00,000, has been accumulated
during two hundred years.
Part of this public debt has grown out
of the legitimate expense of the war
Part of it is owing to the depreciation O
the currency which arises from the issue o
legal-tender notes. Of the parts of the
debt thus accumulated, have nothing a
present to say.
The greater part of it was accumulated
by the fraud and corruption and mal-ad
ministration of the party which is now il
power. Loud cheers l sat in Congress
in 1862 and heard Republican membe
| from Massachusetts, Chairman of the Com
looking into the expenditures of the Gov
ernment, say that the stealings on hors
contracts permitted by the War Depart
ment in the first year of Mr.. Lincoln's ad
ministration were more than equal to tn
annual expenditure OF James Buchanan
administration. (Cheers.] heard anothe
member of Congress, charged with a SINH
lar duty, declare that the Secretary of th
Navy had employed a relative Of his t.
purchase ships for the navy at commits
sion which, in three months, was equal t.
$95,00O. [Appleuse
| have seen it stated everywhere in tn
public prints, and have enever heard it de
MED, that the late Secretary of War paid +
Republican friend of his 100000 for tw
ships which were condemned by boar
of naval officers, and one of which was dis
mantled Immediately in order that it Nigh
be converted into quarantine hospital
[Applausel
In 1865, after the surrender of the Con
federate troops, after the war had bee
brought to a close, we had an Indian wa
in the West. l do not know whether yo
ever heard of it here in Wisconsin,, an
vet it cost you $35.000000. A Republican
member of Congress-and 1 quote fror
Republican authority, my friends-a Re
publican member of Congress had occa
sion to investigate that subject, and his re
port is published in the Congressional GloJ
| He details some of the circumstances G
this war. He tells us how the money wa
expended. He tells us how the death {
each Indian cost the people of the Unite
= OUdOcS @&,OUO,OUO. liLauSutOi ouu ShCCi .
He tells us of an expedition of certai
valiant Colonel from his own State, be
lieve, who was burning with military al
dor. He enlisted a thousand men. ii
obtained from the Government of the Uni
ted States a thousand horses. He obtaine
excellent and abundant arms. He loade
his ample train with commissary stores
which cost the Government $6,000000. q
went upon his expedition; he returned
he made his report. He reported that
had lost all his horses; that he had lost a
his wagons; that he had expended all h
ammunition; that he had eaten up all h
provisions, and that he had killed or
Indian. [Uproarious laughter and cheer;
Well, there was rider who was employ
ed by the Overland Express Compln
whose soul was also fired with martial a
dor, and when he came into the settlemen
he reported that his Colonel lied-under
mistake l suppose-for he himself had xii
ed that one Indian. Renewed laughter
But the war between this express rider ar
the valiant Colonel waXed warm, uni
some hunters in the neighborhood came
hear of it, and brought the contest to &
Untimely end, by declaring that they kne
the Indian to be still alive. Boistero
laughter and cheers.
The special Commissioner of Intern
Revenue, who made his report to the Sc
retary of the Treasury in December las
declared that in the year 1896, the people
the United States had consumed 100000
gallons of distilled spirits. l have not
doubt that we had consumed 100000, on
gallons of distilled spirits. But l state
as the commissioners report states it. W
know the tax on these distilled spirits w
50 gallon, and that the amount ofrevenl
which the Government obtained oug
therefore to have been $S0,000000. But
tells you, in fact, that the amount whit
the Government received from that sour
amounted to $29.OO0,OOO alone, as thou.
the people had paid the whole amount. E
tells you that in 1866, when the tax upt
distilled spirits was 81 gallon, that tt
Government received trifle less in the a
gregate, than in 1864, when the tax upc
distilled spirits was only 20 to 30 cents
| pallnn.