Nashville union and dispatch. [volume] (Nashville, Tenn.) 1866-1868, 1868-08-25
Nnio II aud gispHtth.
TUEsDAY. AUGUsT rs, Isss. :
Largest Circulation in City and State
TIE NATIONAL nERT.
The Vast Amount COIIeeted and Ex-
pended by the RasIIeaIH '''--

| The following IS the othcial etatemen
Of the public debt made by the Secretarl
Of the Treasury ON tho 8lst of July, q
compared with his official statement, ol
the 3lst Of March, 1865: - r-.s.s
July 81, SO 5S4 $50 8
March 81, ,......-..... 2569 55,077 3
Increase. 1856 SIS, ,403 8
Here we have an increase Of over on,
hundred and ffty-six and half millions
in the public debt since che close. of the
war, rs shown by the official statements
from tho Treasury Department; and
thirteen millions Of this was added
during the month Of July. The aseer.
tanned public debt Is now over two thou.
sand five hundred millions. A sum SO
vast that it is almost impossible TO com
prehend it The unascertained debt is
yet to be added to this enormous sum.
What that amount will be is uncertain.
But the unascertained debt was estimated
BY Thaddeu5 Stevens, who had charge of
! the subject Of inance, or ways and means
appropriations, for several years in the
House Of Representatives, including all
the years of the war and since, and who,
therefore, had the verv best means of ina
iprmation on this subject, to amount to
the astounding sum of 5000 100000
This estimate Of Mr.. Stevens probably
includes the private claims for the de.
structiOn of property North and South,
debts arising cut Of breach Of contract
by the government and spoilations at
home and abroad, growing out of the
prosecution of the war, and probably, in
his contemplation, also, the assumption
by the general government of the war
debts of the several States, counties,
towns, etc. Others, again, have estimated
the debt, all things included, as high as
$6,OOO,OO0,OO0.
What an interesting prospect does this
present TO the laboring men of the coun.
try. For labor must pay every dollar of
the debt Labor gives value to every
thing. The laboring men must pay this
debt by the sweat of their brows
Looking at this great debt, and consid.
ering the taxes we are already compelled
to pay, it is natural to inquire how fast it
is being paid At the commencement of
our investigations, we are startled with
the official announcement, that while the
war ended moro than three years ago, yet
the national debt is increasing, and that
over thirteen millions Of dollars was ad>
ded to it during the last month q
Now let us see how much the Radical
destructives have taken from the peoples
pockets The National IateIligeacer,
published at Washington, and having pc
culiar facilities for access to the official
figures, shows what has been collected
and what has been expended, as follows:
First, as to revenue: ........
They have, from the Both June, 1864
to January lst, 1868, collected from the
people a revenue amounting in all, as set
down in the official record, S7,6s7,SOl,>
064, including the S5,627, ,462, ,3OS from
loans and Treasury notes.
As going to make up seven billions, etc,
are put down under tho head of direct
taxes" (but these only from 30th of June,
1862 Sl2, l6l ,327, having collected in
1867 alone, for direct taxes, 81 300 ,233.
Under the head of miscellaneous,
$3.50, l5l 1858; having collected in the
one year, lS66-under this miscella.
neous" head, mark yOu-$67 ll9, ,369
They wrung from the people in the one
year of 1865, total revenue, the appalling
sum of 81, ,SO5, ,939,345.
Thus much on the subject of money
collected Now a few figures as to
money paid out-expenses of carrying
on the Government
They have expended from June 80,
1861, to January |, 1868, total, s7,557,-
All ,295, having spent in 1855 alone ST.
s97 7674,224 a
As going to make up this sum they ex-
pended for the War Department So, $780,
S6S, 400; having paid out in one year
lS65-$I OBJ ,223,S
For the Navy Department., S414,OS3,-
2S5; having spent for the year 1855,
$l22, ,567,7 .as.
For ordinary expenditures" $685.
29l, ,l57 having spent under this head
of ordinary expenses" for the one year
of 1868, $I,2l2,9lI,2S0
For miscellaneous" expenditures Ito
June 80, 1861 Sl5S,O6I ,452.
Somewhat swallowed up in these amaz-
ing sums Of money, which stagger the
mind in the effort to realize them, the
amount squandered on the Freedmen's
Bureau would reach probably fifty mil
lions AT least, Tor the year ending Jan~
uary |, 1867, as estimated by General
Commissioner of the Bureau,
near twelve millions were required At
this rate, for the three years the Bureau
has been in existence, it has consumed
thirty-six millions and we know that
vastly greater amount-at least fifty mil-
lions--haye been spent upon it, all to
keep the Radical party in power
The rate at which we are going TO ruin
the astounding sums of money drawn
by the tax-gatherer from the hard labor
Of tho people, and spent-can be
better understood when We say that dur
ing the seyentysthree .;aars preceding the
war (as estimated recently the whole eI-
penditure of government amounted to
less than fourteen hundred millions of
dollars, while the Radical party in one
year Of 1868, spent nearly nineteen hum
ired million dollars, as above stated
such an exhibit rs this nav we'll strike
he paop1o with 3;s,,o,, IL - a.