Clearfield Republican. [volume] (Clearfield, Pa.) 1851-1937, 1868-10-15
WorsinS Wen Look atnese rig

Henry Grinnc' Royal Phelps and
Wilson G Hunt, three gentlemen OF
standingin New York city, heavily in.
terested in the financial and CONNER.
ciaI prosperity Of the country, have ad.
dressed q letter TO the Hon Alexander
Delmar, Director of the Bureau of Sta
tistics, Treasury Department, Wash.
ington, D. Q asking reply to the
following inquiries
E-What have been the total re-
ceipts and expenditures of the Gov
ernmont during the last fiscal year
H.-What are the estimated expen-
ditures Of the current fiscal yearY
llI--Wbat arc the estimated reve-
nues of the current fiscal year; and
in what condition will the Treasury
t'v on tiiv lot OF Jsuoasy, 1000, aud
3Oth of June, 1869, respectively
Mr.. Delmar in his reply, dated Sep
tember 26, 1868, gives us the following
official figures
Expenditures for the present year. sI75 959. .2I2 20
Receipts 81, ,62O,O00OO
Dehoiehey''..'-''...
Here we have an increase of the
public debt during the current fiscal
year of one hundred and Sirty.fOur
million, three hundred and Mirty-nine
thousand, t,0o hundred and tl0elUe dol
lars and ttUeHty-three cents
These are not electioneering figures,
but the official record, furnished by a
sworn officer Of the Treasury Depart
ment--one whose position makes him
the most reliable authority on all
questions connected with the affairs
of the United States Treasury.
The disparity between the estimated
expenses of the Government for the
current fiscal year, and the receipts
from taxes, during the same period,
is caused by the action OF Congress in
temporarily removing the tax on GER
tain articles of manufacture. That
removal was intended for political ef-
feet upon the approaching Presiden-
tial election. While the ruinous rate
of expenditure is still maintained un-
diminished, TO support a standing ar
my in the South--to keep up a Freed
mems Bureau, with lis swarm of petty
maintain a feet knocking
about the harbors of Europe with It's
officers dancing attendance upon prin-
ces, the sources of supply to pay for
all these outlay is cut of by Rump
Congress TO enable the Radical party
TO elect Grant Once securely seated
in power tor four years longer, the
Rump will replace It's taxation and
bind the labor and the capital alike of
the country to the payment of all
bills accruing Following the Radi-
cal programme as it is now working,
we are going to destruction financial
ly and commercially, BY spending all
we receive and mortgaging the indus
= anountins 90 NOE ~; 'tfhur one hundred
and sixty millions Of dollars per an
nun.
All the extravngance-all this waste
of the treasure of the nation--wheth-
or expended under the color of law or
stolen bodily by the thieves who con-
troll affairs at Washington, must be
paid, and how
Every dollar of the debt, if paid at
all, must como from the producing
classes of the country. There is not
a fraction of il that does not represent
some poor mans toll, some widow S
EARNINGS. All the fine theories of all
the Jay Cookies, who talk for the
Bondholder, cannot set aside the fact,
that labor not only conquers all things,
but it pays for all things.
If the working-man does not pay
for all this wasteful expenditure di-
rectly, he pays indirectly When ev-
cry article of family use is taxed, the
man who has the article last, or who
consumes it, pays the whole bill He
feels the burden in his increased rent
-in the additional cost of everything
he cats or wears.
And. the working man, under this
condition of things, is invited 10 60 TO
the polls and vote for Grant, the can.
didate of the Bondholder-the man
who has no policy-and whose very
incapacity must make him the cats
paw of the men to whom we owe all
the financial evils that surround us.