White Cloud Kansas chief. [volume] (White Cloud, Kan.) 1857-1872, 1868-09-17

smouns, and no more. hiss been appro.
propriated therefor BY Congress. The
last two yssrs Of Buchsnsn's administrs.
tiou showed . regular expenditure Of
siphty. one million dollars and eighty-six
million dollars respectively. The slight
increase for 1869 is fairly duo to the
growth of the nation in that period.
With these allowances. the Republican
policy cost no more than that Of its pre-
decessors.
B. More than one.half Of the money
spent in the last eight years was borrow.
Cd, and more than one-tenth Of this bor-
rowsd money is already paid. The rest
of the money was obtained either from
the regular snti-war sources, or from
taxes. tbs greater part Of which are now
absted.
6. The existing Federal taxes do not
bear upon the masses of the people
directly. The receipts into the Treasury
come mainly from customs, .. duties
upon goods imported from foreign coun-
tries and from the internal revenue. The
principal sources thereof being tobacco,
distilled spirits and fermentsd liquors
If these are honestly collected this year
by Mr.. Johnson's agents, tho yield will
meet ell the requirements ofth Treasury
without constituting sn onerous burtber
upon the people. No other Federal
taxes are levied. except upon gas,
matches. playing cards. perfumery. cos
metics. patent medicines. and few othel
manufactured articles. incomes. licenses
watches. carriages and plate. Such Z
bortheu" ss these constitute. people
who understand the matter. will not con
slider very distressing.
Z. The Federal taxes, abated or repeal
ed, in the last two years. are estimated al
one hundred and sixty-seven millior
dollars annually. These taxes wer'
taken of because. with the reduction o
expenditures. the payment OF the public
debt within q reasonable period. could
be effected without them. To that ex
tent, therefore. the public burthens wer'
diminished.
8. Every dollar Of the money received
10 seven years stands faithfully snt
honestly accounted for. If there hs'
been any Radical extravaganza. i
has consisted entirely in the necessary
payments for the expenses of that rebel
lion which Democracy brought upon Us
No doubt, it 10 extrsvsgsnt" in I
Democratic point Of view. to buy powde
sud ball. pay soldiers. build ships. rsis'
armies. equip Hssts. take care Of th'
wounded, bury the killed. pension tn
crippled veterans. the widows snd tn
orphsns-sll to uphold the integrity o
the Union. Doubtless. it is equally
extravsgant" to undertake to pa,
either the interest or the principal of tn
money borrowed upon the nstion's credi.
1t is sgainst Democratic principles 4
pay that interest. and against their in
tersst to pay that principal. But al
honest people will honestly meet all it
obligations.
9. In three years, since the war closed
nearly eleven per cent. OF the debt ha
been paid Of. Republican econom
faithfully responds to the popular ex
pectstions. and to the hope expressed b.
Secretary McCufloch. by continuing th
curtsilmsnt of expenses. and his estimate
show that large further reduction q
the debt may be made this year. If th
Democracy do not plunge us into arotbs
civil war, the present scale of receipt
and expenditures will enable us to pa
OF the entire debt within the presen
generation.