The daily Gate City. [volume] (Keokuk, Iowa) 1855-1916, 1868-07-21
REPUBLICAN ExTRAvAGANCE AMI
DEMOCRATIC ECONOMY.

sThey the Democracy intend in fact to re-
dnee the expenses Of the National n1crnment
from Eve hundred ard sixty five millions of dol.
lars per year in time Of peace under Radical ad-
administrations, to tho old Democratic standard of
economy based seventy five millions Of dol
lars per year in time Of eace."- Consultation,
June 4.
The outrageous misrepresentation with re-
ference to thu expenditures of the Govern
ment under Republican administration, con-
tanned in the above extract, suggests the
propriety Of our stating to our readers few
facts drawn from AUTHENTIC and oficla
sources
The total expenditures Of the Government
for the year ending June 80, 1867, was
$346. 1923, 1898. So there is in Clage. t 5
statement above small error OF about two
hundred and t,renty millions Of dollars.
But this is not all. The above sum Of
100000, 900, in round numbers, includes
certain very large expenditures growing ont
OF the war, which are beyond the control Of
any administration, being fixed in amount.
We will not undertake to enumerate all Of
these but We call attention to the following
items:
Interest on thepubc debt, say.....a si4o, 900 900
80 ,00n. 600
hoohees ...-..... 35,ann,0 Nl
Assessment aud collection Of Internal
se.................... 1000 90t
Total ,s2l {. 900 0ot
There are many other smaller items which
grew out OF the rebellion and which We do
not stop to name. What we have enumer-
ated being deducted from the total expedi-
TIRES, leaves the balance about S1a4, 729, 900.
Nor is this ALL These expenditures are in
paper money at about 40 per cent. discount,
and when reduced to gold basis, would only
amount to the sum Of $50, s37 400 We are
informed that 'the old Democratic basis OF
economy was "seventy-five millions of dol
lars per year in time of peace This is about
100000 less than the Republican expen-
diture for the year under consideration; but
vel not yet done with this comparison.
We have now an army of 60 regiment.
Buchanan had but - regiments.
We have now a population nearly one
third larger than the country contained
during Buchanan's administration. The ar
my under Buchanan, cost over million OF
dollars IN gold per year to the regiment.
Under Republican rule, the army costs
but about half a million in paper. II we add
to Buchanan expenditures, one-third for
! increase Of population and $1,000, 600 each
for 40 regiments now in the army which
were not in it then, We shall see that an adj
ninistration Of the Government on the "old
z Democratic basis OF economy would cost
US Sl4o, 600 900 year in gold, and $780,.
100000, in paper, saying nothing about the
expenditures growing ont of the war to
which We have referred.
These facts show that we have saved the
snug little sum Of about sixty-two millions of
dollars IN currency per annum, by not adopt.
ing 'sthe old Democratic standard of econ.
omy.''
AS q further Illustration of the economlcal
habits Of the Democratic party, we refer to
the action Of that party in Ohio, where they
have doubled the expenditures of last wear.
and also to the simon pure Demces ATTIC city
Of New York, in which the Democratic adj
ministration has reduced the taxes from
$4,000, 900 in 1858. (which was bad enouphl
to SO, 1000, ooo in 1868. No wonder Clapett
and his friends sigh for return of Demo-
cratic economy.