Daily Ohio statesman. [volume] (Columbus, Ohio) 1855-1870, 1868-10-16
OCTOBER IS, 1863.

amounts claimed as paid in liquidation Of
suspended or overdue claims, pensions,
bounties, prize money, reimbursing States.
claims OF loyal citizens, expenses of Freed
mems Bureau, and miscellaneous eXpendi-
,'tures during the last three years. It is
found, however, that both these depart
, nents were in the receipt of large
Supplies, rom vessels IaieS materiaI. ate pf0pssss &s
, on hand not needed after the close
OF the war, and sold in the market for cash.
, All these sums realized from sales OF prop
erty, supplies, &C., were applied and used
by them, In addition to the appropriations
made by Congress. These extraordinary
receipts do not appear in the general state
ment of receipts and expenditures, all
though the departments have the benefit
of the money, the same as if it had been
collected by taxation. In the War-Depart-
ment alone it is officially stated these re-
ceipts from sales of property, g., since
the lst of July, 1865, and up till lst July,
1868, amounted to $74,745 GIG; and the
Navy Department is reported to have re-
ceived, during the same period, the sum
OF $4062S 564, making $115374,lS0 receiv-
i ed by the War and Navy Departments, in
addition to the regular appropriations, and
, expended by them. In the address no
mention is made of these receipts. This
vast sum is totally ignored in this semi-offi-
Now add this sum of Sis, ,374 1SO, re-
ceived from sales of property, supplies,
&C., to the balance of admitted expendi-
ture, as above, of S129 Az. .495, and we have
an aggregate of $243, ,S0l.675 for the three
years, or an average OF $Sl, ,267, ,225 per an
mum of net expenses for the army and navy,
stripped of all extraordinary charges, and in
Guiding only the pay proper and other ex-
penSes connected with "peace establish
ment." And this. too, Notwithstanding
they have the continued use of large
amounts of material and supplies held over
from before the war. and not sold, but kept
for the equipment and maintenance of the
respective forces. Even on this showing
the expenses of the army and navy per an.
mum for the last thrte years aver
aged more than the entire expense
of Mr.. Buchanan's administration dur.
ting any year of his official term
and more than double the expense.
of the army and nauy during the las
year of his administration, they amounting
only to $35, ,4O9,727. 1t does not follow
from these facts merely, that the War an(
Navy departments are improvident or ex
travagant in the use of the money eXpend
ed by them. They may be economical. fo
aught that appears. But the lact Is plair
that these expenditures are enormous; an(
whether they are the result of reckles
extravaganza, or of a policy or system es
tablished by Radical legislation, requirin!
| large standing army and consequent eX
| penditures in its maintenance, is inmate
rial. The responsibility and culpabilit.
are the same in either case. -....--....... .
The address proceeds: "We can nov
| strike the balance between our income AM
our war expenses: ti" =ia
Income three and quarter 1l 1ia 10 H
! war debt. $500 7ss s2s ''O'''' 30
|, War interest paid.......... ABE. 49, .SS3
Ordinary expenses. as s2ss. $40 81
| This is the sum and substance of all tn
| charges of extravaganza and waste. If /
shall be claimed that the whole problem
should be stated in currency the result /
not changed, only our income and our wa
interest will appear little larger.
/ 1.-The premiums on sales of gold havin.
been included inthe miscellaneous receipts
the only addition we have TO make is e
! add to the war interest the premium OF
about two-thirds of the amount paid il
gold, at an average of forty per cent, sa,
/ $1l2,000000 Our statement will thel
| stand: . --. g -.r..--.-. ..
Income three and quarter 81 $40, ,O5s IS
Value of premiums gold interest ~ y
pald.''.''''' ......'-'.'.'.....-. ll2.OOO,OC
Income in currency. 81. .s52 O5s. 81
War debt paid. -Ss02 ,!33,329 %. Do
| Premium on gold......... Il2.OOO.OOO ID
---- ,s5s e1s. 9
Ordinary expenses ses........--......... s2ss $40 3,
or little less than $4,000, 600 per yeaI.
| The expenses of the last fiscal year un-
der the Democratic administration I1-.s.
1 Gon of james Buchanan amounted to $76ys4l, ,0I
Equh to currency equiyaent-at the
| average of l40 for gold, the rate at u H.
| which our war expenditures should be
taken if our currency expenses be re- ei' ifa
duced to gold-to. $lO7,577.4
"It, therefore, appears that the expense
of the Government, under the direction @
Republican Congress, hampered by 4
hostile Executive have been at the rate @
| $l5,500,000 less per annuns than, the expenses Q
the last year of Democratic rule"
/ This is, indeed, remarkable showing
| Let US proceed to test its accuracy.
EXPENDITURES FROM 1sT JULY, 1865, TIL
..-.-. 1sT JULY, 1868.
The official reports of the Register of tn
the Treasury, embraced in the reports @
the Secretary OF the Treasury, on tn
finances, state the expenditures of the las
two fiscal years as follows:
Ending Both June. 1865. $500 75os4o
| lo6I.-.-..-.---... 3i6 729 l29
l. lS56*...- 371, $50 t225
Sl.23s o3o. .2s5
| Add amount of expenditures, by
| War and Navy Departments, .
| from proceeds of sales of property.
DO, not embraced in Registers
reports (sse Mr.. Delmar's letter.. $146 OILS s55
Total expenditures. 81 1856, ,046, Isl
| Or an average of S46l ,6s2 ,050 per an
| Now, deductions claimed as ex- a.
traordinary expenses, growing i'm
| mediatey out of the war, as fol-