Watertown republican. [volume] (Watertown, Wis.) 1860-1906, 1868-07-29
AFEWi FACTS.


In discussing the financial question with
the Democrats. our Republican friends
should bear in mind the following facts,
which we: find scattered through anoadnni-
rabe- speech of Congressman Blaine = A5i
81 l.iThe Democratic partY1n 1861 trans
mitted to the Republicans a. bankrupt
Treasury, a dishonored credit, and an in.
eipient rebellion of gigantic proportions.
The existence of the public debt is due TO
the fact that the Southern wing OF the
Democratic party attempted to break up
the Union, and forced the government to
prosecute an expensive WAR Ihe nagnl-
tudeo the debt is due to the; fact that
the NortherA wing OF the Democratic par
ty by its disloyal : and seditlous course,
embarrassed the Union cause and greatly
prolongedlthe war; adding miilionsto our
liabilities. af5 Hi as:a;15o lbl5ts9
2li Within thelthree years since the
close Of to e'war, the Republican party has
reduced the amount of the war debt be-
tween two and three hundred millions
|. 81 At each session Of Congress, vast
reductions n the number ofIlaxes levied
upon the people have been made. During
its first sessiolls the 39th Congress re-
moved taxes that during the preceding
| year had yielded 500 ,0o0, 600, Z aud in the
second session it repealed s4l 100000
more The Fortieth Congress has already
rescinded taxation enactmentss that last
wear Welded over 500, ,OOU, ,000agg3Jo "A
/ II. Leaving outof the question inter
est on the public de bt, land! the amounts
that must be paid on pensions and abpulf
.ties--items of expenditure that are the
inevitable consequences oflltiies eswary 2 and
not discretionary IN then uature-the APP
preparations for the ordinary expenses OF
| the government. durlnglthe present fiscal
wear, .amouet in, THE aggregate to but
SIO6, 8l8,441l0, The same class of ex-
penses in tl95 1-58, under Buchanan $
! administration; lnecessitated an outlay OF
S7u,O00,0O0 in gold, sqmvaleutloa S98,
900 600 in currency at.theapresentl latess
| Our population was them but about 30,
/ O0U UOu, aud is now butaDout III, uOU, 900,
and taking this fact nto consideration, We
are now managing the goEernineht more
cheapiy than did the Democrats under
/ James Buchanan. L.4 aleiG#
s.. During Buchanan administration,
| the army consisted of nineteen regiments,
and its average annual cost was 1000,
OO0in gold. The army now con talns six
Ety regiments, and the1appropiaton for the
present year is but little over S33, ,O0O, }
900 in paper. ai.Er5919.l adf 1l@-a
5a6. James Buchanan managed1our navy
so that Mr.. Lincoln found it necessary to
create a new one when therebeliion broke
out,zo annual average cost then was
Sl3, 900 ,000ain gold,s and our naval ap.
] propriation this year, notwithstanding the
size of1theunayy, is but S lo, ,OD6!0o0 II
! paper. 1.aaii -Tas HylDuy u lalj oSE /.
j. The Democrats are bowling tremendous
ly about debt, taxation, extravagancei ant
bso on.daGiyei ttemsa chance, wheneve
i opportunity offers, to digest some OF th'
4 foregoing facts. y 81. .o ioIsa03 na1 ID
hos. ;.y------ LL.l.<~ .-------- ---.f rau e.
Tile Round Table. a Democratic pa
/ per says H., # our estimates are correct
! Mr., Seymour, as the case stands, has n
chance at all. ..s fr..r uaEr.f aag 90