Ellsworth American. [volume] (Ellsworth, Me.) 1855-current, 1868-07-24
Republican Economy VS.. Dem
tocratic ExtravaSance.

iocratic Extravaganza.
We hcw certain .nen talking about Re
publican wastefalness, and Democratic
Economy, and talking just rs if men "ugh
fto believe such assertions. Now if W,
will turn to the last years Of Democratic
rule we shall fad Mr., Buchanan's Admin
istration the most reckless and wastefui o
all preceding, or subsequent ones. 1t vii
not require much time to investigate this
matter and to ascertain just how matter,
I stood the last time the Democrats had the
control OF the national Government. and
just how the credit Of the Government
stood in financial circles. Mr.. Blaine the
other day in Congress, exposed the fallacies
of the Democratic dcmagogues who to
day cry out Republican extravaganza, and
with cicarness and force that must carry
conviction to all honest men. We shall
publish this speech next week, and for to-
day we give the closing portion OF it:
"Consider further, Mr.. Chairman. that
while the Republican party has been pro
| NtulfS tuc mclns tVi tuCSC WPShu'"'ss,
they have been at the same time effectlng
imucnse reductions in the public debt and
continually and largely reducing taxation.
Within tn. three wears that have elapsed
since the war closed aud the Army was
mustered ont, we have reduced the public
debt between two or three hundred million
dollars. and Mt each session OF Congress.
while this reduction of the debt was going
on, we have taken off millions upon nil
lions of taxation from the productive III.
dustry of the nation. AT the first session
of the Thirty Ninth Congress, the first
that convened after the close OF the war.
taxes were removed thit had the preceding
year yielded revenue Of sixty million dol
lars, and at the second session of the same
Congress forty One millions more OF taxes
were promptly repealed. The Forticth
Congress has not bee behind the Thirty
Ninth in this respect, for we have already
repealed taxes that last year gave Us a rev
enur of ninety millions. Aud to day the
taxes of the Federal Government are SO
wisely adjusted, and collected from such
few sources that no man feels them bur-
denso.ne. oppressive. or exactins. Dema-
asogucs may aiisrcpscsent and partisans
may assai, bat the people know ana feel
that 10 day the taxes levied by the Federal
Government are not an oppression To the
indiyldna and not iindcrlncc tn the de
veiopmcnt ul til. industrial resources OF
the Land.
The history of the Republican party.
Mr.. Chairman, is inn,ced proud record.
lnhertiny bankrupt Treasury. il dision-
orcd credit. and gigantic rebellion from
the trai,orous Administration which pre-
crded their advent topowcr iii IS6l. the
Republicans heroicaliy and successfully
grapp!rd with and conquered all these OBJ
staces to the life and progress OF the IA
tian. They rep,ruished the Treasury;
thy redeemed our credit; they suhdacd
the might, st rebellion that ever confront
ell civil power since Governlncnts were
instituted among men: they struck the
from four mi lions of human be
ings, and gave them every civil right un-
der the Col>tit iirn aud Laws. And while
accomplishing these her, ucan t,sks. the
Republican party administered the Govern
ment 50 wisely tina. prosperity has bera
all the time abroad in the land great bus
mess enterprises have been undertaken
and successfully prosecuted ; factories have
hren built; the iurest subdard tarals
hraa-h, under cu'tiyation ;uaYigahle rivers
Improved j: Thousand. OF mics oi RAILWAY
constructed; t.ia Continent spanned by
telegraph res ;hc t~o oceans We'll nigh
hy ii road o. fan the c.Hi.fAtit
projected on the temo,rst frontier; fcrli-
tories carved tut III ,iie wilderness dnsiain.
ana new States OF promise aud power al
died. to the national Union.
What other party i'll the history of this
country ever confronted such difficulties
Wat other party ever gained such Veto
ries J But great as its achievements have
hern. its work ia NOT Yet finished. Odt of
the fierce conflicts OF the recon, past. con-
iiicts Indeed still raging. oidrr and harnlo-
ny. conciation aud friendship. are Yet to
be evoked not. indeed, by unwise conces
sion and liaiid compromise bat by that
firm poliey which is based ON Right. and
under the leadership ofone, who 50 terri
bly, earnest III war. is We: to-day the enibod-
iment of peace. the coascra;ar al public
Justice, the hope Of theloral millions -