Delaware gazette. [volume] (Delaware, Ohio) 1855-1886, 1868-10-09
L0ok q ths Elgare.. Lab0ring lLan.
From the Portland Press.

L
i From the Portland Press.
James A. Briggs, ESQ. OF New York,
| made q speech at Lancaster Hall on
/ Tuesday night, containing some very
important statistics. The Democracy
i enter upon this campaign with lies
| founded upon the financial e0mplica-
tions, monetary arrangement and in
dustrial disturbances. q occasioned by
Y their own rebellion as their sole capital.
We make the following abstract Of
/ Mr.. Briggs's speech, in which he COM
pietely annihilates a large number OF
tha false and deliberately fabricated
] statements:
aOne merchant in the city OF New
i York, Mr.. Alexander T. Stewart, paid
more tax on his income for1S65 than was
paid by the people of ten States and four
/ territories and more than was paid by
| either one Of the seventeen other States.
He paid $l97, 600 more than WaE paid
1 by all the people of New Hampshire,
and S95, 900 more than was paid by the
i people of Maine, and half As much as
was paid on incomes in Michigan.
The income tax does not reach the
labOring man The, population of the
/ United States is estimated at 36, 900, 600,
and the number Of persons who return
| ed incomes for the year 1867 las stated
by the Commissioner Of Internal reven-
/ ne in his last rePort) in the United
/ States was 240, ,124. OFthts number 90, =
OS5 returned incomes Of twenty dollars
or less, and 40 ,847 over twenty and un-
der fifty dollars.
| The people of the Third Congression-
1 al District OF Massachusetts paid more
tax for 1865 than was paid BY the peo-
1 pie of any of tka. States except Illinois,
/ New JerseE-A 81 York, Pennsylvania
and Ohio,
| The Pacific Mills Corporations, Law
| renee, Mess, oi which the Hon. J. VIII
/ eY Edmunds iB Treasurer, paid more
/ internal revenue tax for 1865 and 1866,
rfan was paid by either oneof the eight
States and four territories, and more
1 than several or them combined.
/ From September i, 1862, to June 30,
/ 1867, New England paid $l67, ,099, ,5l3 OF
! internal revenue taxes, and Of this, on
! ly $917, ,94s was for spirits.
/ We are often told that the Eastern
/ States made money duriug the war at
that the accunnulations OF the East
| were greater than all other parts OF the
country. This is an error. While it is
true that most if not all departments of
manufacturing industry were prosper
at the East during the war, Ii is equally
true that the agriculturists of the West
were the most prosperous and thrifty
The farmers of Illinois made more nOn4
| ey onjthe one article of corn from Jam
uary 1, 1901, to January 1, 1867, than
was made by all the manufacturers Of
| New England for the same time. Corn
was worth in Chicago Jan. 1, 1861 sew
enteen cents a bushel. The increased
price from that time up to Jan. 1, 1867,
will average so cents a bushel, and es+
dmating the product at 100, 100000 OF
bushels per year for the six years gives
SOC, ,QOO, ,000, and al fifty cents advance
makes $500, ,OOO, 600. IE is 3 fact that in
the winter of I66O-6I the farmers of II
linois burnt corn for fuel. It would
not pay transportation to market.
In the winter of 1S60-61 q creditor in
New York was offered by his debtor In
Illinois, in payment Of q debt, corn at
ed the ofier, and ordered the corn ship
ped to Chicago Upon its arrival there he
was ast8Rished to learn from ais agent
that it would not sell for enough to pay
charges. Corn Ia worth to-day in Chi
cagO from 90 to 80 cents, and wheat from
81 SO to 81 p. It is q agratifying fact that
the great and important interests of ag-
rieulture have been successful for the
last seven years. We are dependent
upon the soil for our prosperity. The
West fed orr armies when they were
fighting in the cause Of our country.
We also hear much said about the rich
bondholder. Now ,fellOW-citizens, with
a few exceptions the rich do not hold
the bonds of the United States. The
bonds of the United States are held by
anee Com panies by Savings Banks, by
persons in trust for estates, societies, dc
How Is III here in your own city and
State with the Government bonds?-
Who hold them? went this morning
in eae q yonr savings. Banks a4d
asked for lllss 1e5 5e,4s51 1ezsz=tt - e
to your Legislature and upon examin-
ing found that the amount deposited in
the Savings Banks in Maine in 1867 WAS
S5, ,59S, 500 26, and of these amounts these
banks held Of Government securities
S1,373, 1888, and of National bank stock
$3.50, 565, making total Of Government
securities held by your savings banks
of 81, ,732, ,953-almOst one third of the
whole amount of the deposits. The
amount of deposits in 1866 was $685.
ABB 50; in 1867 5,59S, 500 25; being in in
crease for the wear of 81 1852. 1856 ~. The
number of depositors in 1867 was a.
593.
The Savings Banks Of the State Of
New York have $49, 600, 600 iavested in
Government bonds. - .-H
The Savings Banks Of Connecticut
haYe Sc, 100000 in Govern men6 bonds.
about $50, 700 in Government secure
ties.
The amount of Government securi-
ties held by the Savings Banks of New
York Massachusetts, Maine and Con-
necticut is $I00, eco, 600, represented by
One-fourth of the people of Massa-
chusetts have deposi Is in Savings
Banks and one-third OF the people in
Connecticut are depositors.
Now are these deposibors your rich
men and women, your people of sub
stance? No, they are the common
people" and thank God we have COM
mon people in this glorious land of ours
and that "none are born here booted
and spErred to ride the backs of the
people by the grace of God" These
depositors are the lRboring m6n and
women and children who earn til cir
bread by the sweat of the face. These
deposits are the savings of the wages
of labor; and these are the people VINO
are interested in the bonds of the Cow
ernment, and believe that this Govern
ment of the people should keep invio-
late its faith with the people-and it
will.
The Democratic orators and and pa
pers tell us we are poor, "we can never
paw our national debt" The following
is the estimated crop Of this year;
Cotton, 400, 900 bis at 25 cts. $500, ,0OO, 900
Corn, ], 400, 600 900, bushels. 1000, ,0OO, 900
Wheat, 275, 100000, bushels. 100000, goo
Oats, 340, 100000 bus hels.-.... 100000, 600
Rye 81, 900, 900 bushels. 80. 50, 500, 600
Barley, 25,0O0,000 bushels. 37,5OO,00O
Tobacco, I75,000 hhs............ 149, 200, 900
Hay 300, ,000 900
Rice, Potatoes, Butter,
Cheese, Pork, Poultry &c. 800, 900, 600
TotaI.... .......S2, 439, ,OOO, 900
This estimate leaves out all the pro-
ducts of our manufactures, and it gives
us S249' '675 $40 more than the amount of
our national debt. Is man or a ma
ton bankrupt whose indebtedness can
be cancelled by one years product -
But we have paid according to the
statement Of the Secretary of the Treas
ury, since August 80, 1865, the sum of
$266, ,S65, ,O90 70 of our national debt, and
at this rate in less than half Of gener-
alton, we can pay our entire debt and
lift from the people tue heavy burden
of taxes imposed by the Democrats in
their efforts TO destroy. the best Govern
ment ever devised by the wisdom of