The Cadiz sentinel. [volume] (Cadiz, Ohio) 1864-1911, 1868-12-16

three years after the war, il is estimated
they viii be three hundred and seventy.two
millions. an increase Of four hundred and
eighty nine per centum, while the increase
of ofpopnlation was oDly twenty Zone per cen
tum for the same period.
The statistics further show that in 1871
the annual national expenses, compared
With population, were little more than
ore dollar per capita, aud in 1860 but two
dollars per capita, while in 1869 they will
reach the extravagan; sum Of nine dollars |
aud seveniy-,iRht cents per capita.
Ii will be observed that oil of these state
msn,s exhibit the disbursements Of peace |
periods. 1t nay therefore he interesting to
compare the expenditures Of the three war |
periods, the wal with Great Britain, the
Mexican war ard the war Of the Rebellion. |
| In 1914 the annual expenses incident TO the !
war oil 1872 reached their highest amount, |
abcut thiriy-oue millions, Wills our popu-
| latinn slightly exceeded eight miillors,
showing an expenditure Of only three dol
lars and eighty nts per capita. In lS47
the expenditures growing out nl the war
with Mexico reached fliy-hve millioas, and
the population about twenty one millions,
giving only two dollars and sixiy cents for
per capita for the war e-pen.cs of that
| wear. III jCbo TIC cay Calteu lUi
| ty the Rebellion; rea,ned the Ssst amount
Of twelve hundred and ninety millions,
which compared with population Of thir-
iy'tour millions, gives thirty-eight dollars
and twenty cents per capita.
From the 4th day of March, 1889, to the
30lh of june, 1861, the expenditures of the
Government were seventeen hundred mill
ions OF dollars, During that period we
were engaged in wars with Great Britain
and Mexico, aud were involved in hostility
with hostile Indian tribes Louisiana was
purchased from Franco at a cost Of fifteen
millions OF dGllais. Florida was ceded to
, us by Spain for FIVE millions. California
was acquired from Mexico for fifteen mill
ions, ard the territory Of New Mexico was
abts:ned from Texas for the sum of ten
millions.
Early in 1861 the war of the rebellion
commenced, and from the first Of July OF
TINT year to the 30th Of June, 1865, the
public expenditures reached the enormous
aggregate OF thirty-three hundred million
Three years of peace have intervened, and
during that time the disbursement of the
Government have successivcly been five
hundred and twenty millions, three hue
dred and forty>six millions, and three hun
dred and niety-three millions. Adding to
these amounts three hundred and seventy
two millions estimated as necessary for the
fiscal yesr ending the 30th Of june, 1869,
We obteh a total expenditure Of sixteen
hundred millions of dollars during the i0er
years Immediately succeeding the war, or
nearly as much ss was expended during TIE
scvcnty-two years that preceded the re
. bellion, and embraced the extraordinary ex-
rendi,mes already named
These starting facts clearly illustrate the
a necessity Of retrenchmept in all branches of
} the public service. Abuses which were
tolerated during the war for tie preserva-
! ton of the nation will not be endured by
e the people. now that profound peace pre-
I walls The receipts from internal revenue
and customs have, during the past three
t years, gradually diminished, and the CON
| tinuance Of useless and extravaeant ex-
S pcnditures will Involve us in national bank
E rurtcy, or else make inevitable an increase
Of taxes already too on rous, and IN many
. respects obnoxious Oh account 9l their lbs
, quisltorisi character. One hundred an!-
e lions annually are expended ior the military
force, large portion oi which Is employed
in the execution Of laws both unnecessary
, and unconstitutional. One hundred and
fifty millions are required each ycat to lay
the interest on the public debt. The army
G OF tax eatherers irpoN eriEiles the nation,
e and public saeuts, placed by Congress be-
! yond the control Of the Executive, divert
G from their legitiTa ate lurrusrs large sums
, of money which they collect troni the peo
Pile in the name Of the Government. Judici-
Gus legislation and prudent economy car
: alone remedy defects aud avert evils which,
!. if suffered to exist, canaot fail 20 diminish
II confidence in the public councils and wea
s ken the attachment aud respect OF the pee
!. pie towards their political institutions.
: Without proper care, the spail balances
: which it is estimated will remain in thu
r treasury at the close ct the prescoI fsca
i wears, will not be realized, and additions
i millions will be added TO q debt which il
S now enumerated ty billions.
n 1t is shown by the able and comprehcn
IS siye report Of the Secretary of the Trcasui.
i that the receipts for the fiscal year endln,
= june 30th, 1868, were $405;63S, ,0S3, ant
that the expenditures for the same psrioi
d were $377, $40 2o4 leaving in the treasur,
n surplus Of s2S, 297,708. 1t is estimated
}. that the receipts during the present fsca
.r year, euding June 30th, 1869, will be $34l
If 392 S6S and the expenditures 1886, l52 Al
ts showing small balance of IS, 24o 1898 il
If favor Of the Government. For the fsoa
IN year ending Jund 30th, 1870, it is essiuiat
n cd that the receipts will amount to 1927,
Al coo, 900. and the expenditures to $3U3,
,e 000,000. leaving an estimated surplus Q
Z $24 600 900.
9r 1t becomes proper in this connection t
70 make brief reference to our public in
Al debtedness, which has accumulated witt
such alarming ranidity and assumed sucl
colossal proportions In 1889, when III
v Government commenced operations unde
= the Federal Constitution, it was burdene
y u with an Indebtedness of seven'y-fve mil
u u lions of dollars, created during the war O
a. a. the revolution. This amount had been re
~ duced TO forty>fve millions OF dollars, whsl
,.11 in 1872 war was declared against Grea
u Britain. The three years struggle that fol
lowed largely increased the national obi
D cations, and in 1916 they had attained tn
'f sum Of one huudred and twenty-seven mil
le lions. Wise and economical legislation
CT however, enabled the Government to pa
6 the entire amount within period OF TWEEN
IS ty years, and the extinguishment of tn
le National debt filed the land with rejoicin
Ia and was one Of the great events of Pres
g dent Jackson's Administration After it
d reaemption large fund remained in tn
F. treasury, which was deposited Tor safekeer
d ing with the several States, on condition
It that it should be returned when require
a. by the public wants. ;.
i In lS49, the year alter the termlnatlo
to of an expensive war with Mexico, we toun
q ourselves involved in debt OF sixry fou
r, millions, and this was the amount owed b
q the Government in 1860, just prior to tn
L outbreak of the rebellion. In the spring {
rs 1861 our civil war commenced. Each yea
OF liz continuance made an enormous add
ton to the debt and when, in the srring {
h 1865, the nation successfully emerged fror
l. the cupfict, obligations of the Government