Marshall County Republican. (Plymouth, Ind.) 1856-1878, 1868-12-17

wears after the war, it is estimated they
will be three hundred lind seventy>two
millions. an increase OF four Hundred and
eighty>hine per centRm, Willie the increase
of population yss ouly 2l per centum Tor
the same period. These statistics further
show that in in 1871 the annual national
expenses, compared with the production,
were little more than one dollar per cdp>
ifd, aud in 1870 they willreach the extrav>
arant sum Of nine dollars and Seyenty>eight
per capita.
1t will be observed that all of these
statements refer to and exhibit the dis,
bursements Of peace periods. 1t may there's
fore be Of Interest 10 compare the expendi>
lures of The three war periods-The war
with Great Britain. the war with Mexico,
and the war OF the rebellion. In 1914 the
annual expenses incident to the war OF 1912
resc..ei their highest amount-abO thir>
ty>one millions-while our population
slightly exceeded eight millions, sho~ n :
an expenditure Of only three dollars and
eighty cents per capita.
In IS47 the expenditures growing out OF
the war with Mexico Tcacl.ed hf,y>five
millions. an 1.-The population about twen,y>
one millions, giving only two dollsrs and
sixty cents per capita for the expenses
of that year In 1865 the expenditures
,.em. nded by therebcllion reached the past
amount Of twelve hundred and ninety
millions, which compared with a pOpula
ton of thirty four millions, gives thirty
eight dollars and twenty cents per copt-
to. From tie 4th day of March, 1889,
to the thirtieth of June, 1861, the entire
expenditures of the Government were
seventeen hundred millions of dollars. Du-
ring that period We were engaged in wars
with Great Britain and Mexico, and were
involved in difficulties with powerful lndN
an tribes. louisiana Was purchased from
France at cost of fifteen millions Of dol>
lars. Florida was ceded te us by Spain
for five millions. California was acquired
from Mexico at a cost Of fifteen millions;
and the Territory of New Mexico was '0o~
ts1ned from Texas for ten millions of dol
lars.
Early in 1861 tlic war OF The rebellion
commenced. and from tie hrst OF Jolly OF
that year To June 3Oih 1865, the public
expenditures reached tic enormous aggrc
gale of thirty-thr hundred millions
Three wears of peace have intervencd, and
during that time the disbursements OF The
Government have successfully been hve
hundred and twenty millions, three hun
ired and forty six millions. and three hun
dred and ninety three millions Adding
TO tlscsc amOuIt. three hundred and scven>
iy two millions estimated rs necessary for
The fiscal year ending june 30th. 60. we
obtain "A total alexpenditure OF sixteen hun
dred millions of dollars during tue four
ye;irs Immediately succeeding the war. or
nearly as much as w.s expended durir z
the seveniv>tvo wears that I'rcccNed RE
rebellion and embraced the Extraordinary
expenditures already named. These start
ling facts clearly illustrate the necessity oil
retrcnchment in all branches OF tie pubic
service. Abuses which were tolerated du>
ring the war for the preservation of the
nation will not bc endured by the people,
now that peace prevails, The receipts
| from internal revenues and customs have,
during the past three years, gradually di>
minished, and the continuance OF useless
and extravagant expenditures viii involve
us IN national bankruptcy, or else make
inevitable an increase of taxes already too
onerous, and in many respects obnoxiou:
on account of their inquisitorIalc character
One hundred millions ale expended annu
ally for the military force, Il large portion
| oil which is employed in the execution Ol
laws both unnecessary and uncot siiiu-
ti0pal, One hundred and fifty million:
are annually expended To pay the Interest
on the public debt An army OF tax gath
cIers impoverishes the nation, and public
agents placed by Congress beyond ihs
control of the Executive, divert from lhciI
legitimate purposes large sums OF money
which they collect from the people in Tho
name of the Government. Judicious leg.
islation and prudent economy can alone
remedy defects and avert evils wr-i. II sui
fered 10 exist, cannot fai, 10 diminish
confidence IN tire public councils ant
weaken the attachment and respect of thu
people towards their political Institutions
Without care The small balance which ii IL
estimated will remain in the Treasury a
the close of the present fiscal year, viii
aot be rea lied, :hd additional milliofr IN
added 10 debt which is nos enumerated
by billions. 1t is shown by the able ai.t
comprehensive report Of the Secretary q
the Treasury that the receipts for tlic fi.ca
year ending June 90, '6S, were $i05, ,63S.'
OSe. and that the expenditures for In,
same isriSd were S377, $40, M, lcavinl
In the Treasury u surplus of SIS, ,79S
Ii is estimated that the receipts during The
present fiscal year ending J ne 80, 1869
VIII be Ssh, ,392 ,s6s. and the expenditure
336. .I42,470. showing q small balance @
15.240,39S in favor Of the Government.
is estimated the receipts will amount u
$327,0 O,O0O, for the year ending June 30
1870. and the expenditures to $303, 900 .0Ot
ieaviag an estimated surplus Of 1000,
OOO
PUBLIC DEBT.
1t becomes proper, in this connection 4
make brief reference 10 our public Ia
debiedness, which has accumulated Wit
such alarming rapiGiiy, and assumed sucl
colossal proportions. In l1S9, when TIT
Government commenced operations unde
the Federal Constitution, it was burdene'
with ali Indebtedness Of seventy>fivc mill
ions of dollars created during the war o
the revolution. This amount had bee
reduced to forty>fve millions of dollar
when in 1912 war was declared agains
Great Britain. The three years struggl
that followed largely increased the naiurs
obligations, and in 1916 they had attaine
the sum of one hundred and twenty sc e
millions. Wise and economical Legislation
however, enabled The Government To pa
the entire amount within period OF TWEEN
iy years, and the extiDguishmcnt OF th
national debt, flled the lahd with rejoicin
and was one of the greatest events OF Pres
, ident Jacksons adminisiratis After il
redemption, a large fund remained IN ia
Treasury, was deposited for safe kcepin
with the several States on condition ths
: It should be returned when required by th
public wants. In lS49, the year Alter ia
!, close Of aD expensive war with mexico, "
found ourselves involved in debt {
$64, ,OOO. 900, and this was the amount owe
by the Government in 1860, just piior I
} the outbreak of the rebelli' n In The sprin
Of 1861 our civil war commenced. Fac
7 year Of its continuance made an enormou
addition TO the debt, and when, in SO;
T the nation successfully emerged from th
conflict, the obligations of the governmer
had reached the immense sum of S2,sf3,
90, ,9o9. The Secretary OF the Treasur
shows that on the lst day Of Novembe
1861, this amount had been reduced to 81
, 4S1, ,50&, ,45e. Bot at the same time, bis re
! port exhibits an increase during the pat
year of CSC. .625, l02, for the debt on tn
T first day of November last is stated 10 hav
he<.u S1 597 I1g $50. IL is estimated b