The daily phoenix. [volume] (Columbia, S.C.) 1865-1878, 1868-11-01

two and half per cent. upon the
whole property Of the country. This
would give us S40O, 600, 600 as the,
value of the net productive Industry
iof the country. Now the taxes re-
ceiVed into the Federal treasury il,
1856 amounted 10 $$s55S, ,00O. .Ulj0: in
1857, to $3.50, 900, 900. Thus, to saw
nothing of the taxes assessed mon
the people and which never reach the
public treasury, estimated in one
year at from $3.50, 600, 600 to $780,
600, 900, we have the figures to show
that the taxes drawn from the people
exceed the net productive industry
OF the country by more than $780,
100000. Now, can any country
flourish where the taxes thus exceed
its net productive industry? It is
utterly impossible. The state of af-
fairs indicated is enough to DESTROY
the industries of the land, and to
paralyze the energies of the people.
Again: look at the enormous ex-
penses of the Government since tue
radical party have had control of it.
L have seen it estimated that they
have expended in eight years more
than the whole expenses of the Go
vernment for eighty years down to
the war. And, in addition, observe
the large sums expended for the
Freedmen's Bureau and the army
sums rendered necessary by the no
l1tical programme of the radical lead
ers. These enormous taxes, too, let
it be remembered, come almost ex-
clusively from the Iaboring classes.
According to the policy of the radical
party, the wealthy bond-holders are
to be exempt from the burdens of
taxation, and these burdens are to be
transferred to the shoulders of the toll
ing masses. Now, tbs estimated toat
the amount invested in the Govern
ment bonds reach the sum of So, $780,
600, 900. The Democracy propose
that these bonds be taxed equally
with our property. The radical party
propose to exempt them from taxa
ton. Thus, rs Mr.. Church, of New
York, has we'll said, the radical party
which set out as the party of "great
moral IDEAS" of free soil and free
principles, have come to be but
"bottle-holders to the bond-holders.
Z. The last charge that I propose
to establish is, that the radical party,
is one of monstrous corruption. I
affirm that more corrupt corps of
officials never disgraced the country
than those in place under the present
radical regime. Some, no doubt, are
good and true men. I refer to the
majority of the set. A prominent
leader of the radical party has him
self honestly borne testimony to the
rascality and corruption of many of
the officials of the country. I might
cite numerous facts and illustrations
bearing upon this point. As I de-
sire to be brief, let one illustration
suffice. 1t is estimated that 10000
600 gallons of wbiskey were made in
this country in 1867. The tax upon
this article was two dollars per gal
Ion, and hence the amount that
ought to have gone from this source
into the Federal treasury was $780,
100000. But how much actually
was received into the treasury of this
sumP Why only $50, 900, OO0, leaving
$3.50, 600, 900 to go into the pockets
OF the thieving scoundrels whom it
is the mission of the Democratic
party to sweep from power. And we
have taken but single item of taxa
ton. But, fellow-citizens, I have
said enough on this branch of my ad-
dress. 1 have completed my arraign-
ment Of the radical party. I have
made good my charges. This only
have 1 to add, when I consider the
wrongs and outrages heaped upon
the country by the radical party, or
more truly by it's leaders-when I
consider the errors, the crimes, the
follies, the extravagances and the
corruptions of radicalism, it seems to
me that it stands represented and
embodied in the person of Cataline,
the Roman incendiary and traitor,
and the words of classic author
occur to me: ''How long, o Cataline,
wilt thou abuse our patience? How
long shall thy madness, outbrave our
justice? To what extremity art thou
resolved to push thy unbridled inso-
lence of guilt?"
The BRITIsH STEAM LINE.-At an
early hour. yesterday, our citizens
were gratified by the arrival of the
British steamship Golden Horn,