The daily Gate City. [volume] (Keokuk, Iowa) 1855-1916, 1867-12-05

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most Gi4tee<0,, stAseslaea IA Is ~ CONT. !,
lyances re- eheAang 81 laDoEinf ema,eS g
4anianas nq1e pa 9eee meae ealeetn!a Tan
s s. veecn eesoeee - ylsc PspeI money.
Inv = tne noes snecsue y inyenaeae g
fertllize ricn mans nelds ~ - ewsas q
the poor man prov. Oaoanafy tyranny,
oppression, excesssss ts.auon-shese peaI
light on the happine: Of the masses of the
spmmunity, compared with = ifsudnient
currency and rebberles committed ~ o.
pfeesated papar Onr avn hlatosy = r.
ooFdsd Tor ouS instruction. y furnishes
evidences enough and moro than
ene9gh0f 80 9emogAiHiag eeadeucy, ~
|j.sttse, Ard latoiegaeas opprsa.eA on me
virtuous and weli-disposed OF degradsdpa-
per currency authorized ~ iaw, or m any
way countenanced by governmeat. II -
Ions OF eho Mose suscessfsI devices, ~ hmes
of pesee OF var, 20 ,cccmphsn a0e transfer
OF tho precious Mesas ircM she efe.s mass
OF the people ineo the nands oi tho few,
vnefe they are noarded IN secret places, or
deposited N strong boxes, under boits ana
bars while the people arc lett % endure ~
the inconvemenses, sacrlnce, anu dsinorals-
satlon resulting from the use OF . uepreci-
atsd and Won bless paper money.
The condition Of our nnAnces and the op,,
erattons Of our revenue system are se4 fsrth
and fully explained IN the able and INSTRUCT
ave report OF the Secretary OF tne treasury.
Un JunH ~, Iobh tho PuOnc deDt
amounted to A1sA 425.SIG On June ~
lAst,b Wa fA692, ly9. n aT-sAoMnk re-
duetlcn, daring tho fiscal year Of ~ ,266,-
664s
Duriag enc nsni year cnalne ,June ~,
1851, the receipts were 49,. o54,0lOy and
the sxpendit9res were Soao, y. Ixe--ieav.
ing n available surplus OF Va, svh4So.
IL Is estimated that the receipts TOT the
nseaa year ending june ~, lSos, ana that
the expenditures viii reach tho sum or
S59S. z6S z26-eav1ns 10 the treasury
surplus OF VIZ ,sss, lOs FOR the hscsi year
ending June ~, 1907, y - esnm sum- sn n1
the receipts VIII amount % y5oi UU,vU,
and that the expenditures vii % W.T..
uoo, UV-ahowing an excess OF $9,UO0VoO
~ favor OF the government.
The attention Of congress y earnestly an
yited to the necessity OF thorough revlnon
Of our revenue system. Our lntsrn.l reye-
nue. laws and import system snoaio % a.
lusted 80 - TO pear most heavily on srucaes
OF luxury, leaving the necessefiss OF me ~
freS from TAXATION = may % CONSISTENT
mieA she feai WaGss OF the government
ihs governments benny ssoamicaiiy sdnlin-
iseersd, saxation Won'o noe tnen IAN unaaiy
on the man OF moderate means, ana, WINE
none wouin Dc entireiy exempt from Assess
inent. al, IN p,opotu9n - uneH pecohlAsy
ao.l.'le re- "ouiu S.s..:n 'hS 'ap
,...o,r.l revsnne sv.tem 10 I iarca redrc.
tor irltAe nnmher of artic,e. nov enh;ect
- t.r vou,a lie Tolloved nv rcnnl,s conallv
"A y.nta yeonss ~ thu citizen and the govern
ment' II vnuld renIsr tbs execution Of
IN lav less Il rens;va and mora certain "a.
nova distractions 10 industry. lessen the
temntat;on 70 eyade the law. diminish the
v;oIat;ons and frauds nernetratad unon i'd
nrov;s;an u make IT. nnera,;on le.s ;ron;.;..
ar;.l and rra.flv alnce II NUNS M \
srmv of tsr.,staarars cre.tad H. IL
sv.tem-uho taLa from thu meuth
~ honest lshor the bread + h.. s.rned :.
Ratre.chment And economy should ia car.
rad ont Il eyery branch az The nubic ar.
VICE. that the erpend;tures Of che govern.
ment NAV he reduced. and the peonle re.
ieved from opnressiye taxation. A seund
currency should be restored, and the uabl;e
faith in regard to tho national debt, scored.
y observed. The accomplishments OF these
limpoftant results togetner win the fessoia'
ton OF the union OF the ststes upon the
principles OF the constitution, woun INSPIRE
oonnuence, q nome ana aoroao, "a Ine STA,
!s =. =. ~ aasJ .as,i
rur .puv
m n LIE
!ne repor o. .as secres.ry OF var ga ~
term exhiDits the operations OF the army
ana the several bureaus OF .ne war depars
meat Inc asfesa.e s.renssn q ouf mn
4 UNIV IOYC0, on LQ0 Tlbn Oh C6Dy&mU4T l41L