The Manchester journal. [volume] (Manchester, Vt.) 1861-current, 1867-12-10

SIS AasAfA 81 81 HAfHaAtlAN wv FfAaaNH y
dUsrs@ ~ preserve what he honestlI
psaFessss 81 t. ois' an shat be ran bed
esily earn. has 4 direct interest in malul
tanning a SAT circulating medium. sue
medium A. shall be ryal and subslai
c4sl. not hahie 50 sihrale v,lh epinienl
not sahiecs 70 BE- blovn up ~ blow
doan - TIE breath 81 speculation. I'D
e. lie made stable ani seenre nd
ordercd caTronoy i ono II the create
toinca, eyils II nndermings the I'd
tuoa neecssary Tor The support u III
Z krcial system, and encourages propefl
s.ties destructive a, lts happiness.
wars agains, industry, fnirality an
economy. and Il tlstora tie oxtrav
ghncu AMI speculation. II has bso
assorted hy one OF our most profound
nd gifted statesmen. that "oi all ~
coutuysnces Tor cheating the latorin|
t.asscs II mankind, none las been nae
oiteotnal than that which deludes thot
with paper money This Is the mod
c1rtaal ~ Inventions 10 terulizo III
uch man folds by the sweat Of ut
/ poor mans brow Ordinary TYRANNY
oppression, excessive taxation the'
bear lightly on tho happiness Of ~
mass VI the community compared viii
fraudulent currency aud the robboi
Jos committed by deprecated paper
\ Our own history has recorded for on
instruction enough aud more thgJ
enough oi Tho demnrahxing tendenc
the injustice and the lutolerable oIrroj
sion on tho yirtuous and well ,hs
Of degraded paper currency, es.ep
ICED by law, or IN any way countrnane,l
by Government II is one Of tho mo
successful devices ia times 81 peaco 4
war, expansions or roynlslona, 60 N
complish tho transfer Of all the preciol
metals from tho great mass OF the pei
pie into til hands Of the few, Nhoj
they are boarded IA secret places or Il
posted in strong boxes under hul
and bars, While tho pcoplc are lclt
endure all the Inconvenience, sacriilcI
aud demofahzatiop resulting nom ~
uso Of a deprecated and worthless IN
, per money The condition of ~
} finances and tho operations Of our ri
enae system are set forth aud fully Il
planned in The able and instructive
{ port of the Secretary Of the Traasrr
On the Both Of June, 1866, the publ
debt amounted to $2,7s3,S25,S79 q
The Both of juno Inst, il wns e., Gp2, lQ.I
2l5, showing reduction during I
fiscal year ending june 80, 1857, III
receipts were si90,53i, 0lO and the &
penditures $346, 729, l29 leaving 4
available surplus Of $4,000, $50 II
, estimated that the receipts Tor the 4
cal year ending June 80, 1865, will
! SAT-, i6l, 928, and that the e2pendltui
i Will reach the sum OF 1913 269,22I
leaving in the Treasury surplus
1892, 702 For the fiscal year on}
ing June 80, 1860, it IS estimated I'll
the receipts will amount to $3Sl ,O0t|
! 600, and tho expenditures viii
D 1912 100000, showing an excess d 81
| 100000, IN favor Of the Government.
! THE REvEEuE SERVICE.
. The attention OF Congress IL earned
: ly invited TO tie necessity Of athoicui
4 revision OF our revenue system. ~
J, internal revenue laws and import ~
j TENS should be so adjusted as to bod
: most heavily ON articles Of luruly, LEAF
ing the necossaries Of lifo as free froI
1 taxation, aa may be consistent with
: real wants OF tho Government oeonorI
!, ically administered Taxation wonI
E not then fall undnly on the man
. moderate means, and while none Won
a be entirely exempt from assessment, 4
s III proportion TO their pecunlary abii
/; ties would contribute toward the SUI
< port Of the States A modification
. the internal revenue system 10y lard
i reduction in the number Of articles nc
subject to tux would be followed by RI
: suits equally advantageous 20 the cit|
]. zons and the Government. IL wouI
!, render the execution 81 the Law less I
O ppnsiye and moro certain remove Il
c sticlcs to industry lessen the tempt
: tons to esade tie law, diminish The 1
: olations and fraud perpetrated upj
, lis provisions, make It's operations Ill
' inquestorial, and greatly reduce
o number the army Of tax gathers ereaI
e by the system (which takes from "
!, mouth Of honest labor the bread it ID
earned" Retrenchment, reform, mi
!. economy should be carried into evei
branch Of the public service, that u
!. expenditures Of tho Government md
: be reduced aud the people relievel
a from oppressive taxation. a sonr|
: currency should DO restored and t
! public faith in regard To the nationI
+ debt sacredly observed. This accord
plishment of these important resui
. together with the restoration Of III
} Union ofthe States upon the principli
/ Of the Constitution would inspire eolll
dcnce at home and abroad in Tho III
. bility Of our institutions, and bring
! the nation prosperity, peace aud god
d will.
o THE WAR pEPARfNEsT.
Z The report Of the SECRETARY of w
e adj interim exhibits the operations
tho army and the several Bureaus
y he War Department. The aggrePa|
d strength Of our military force d. Il
6 30th Of September last, Was 5G,3l5.
. rho total estimates for military apprI
o priation is t77 ,124 ,707 including a u
l.. $500. - 90