The Portland daily press., 1868-09-23
Edward Atkinson and Finances.

Ane 1AiSus anu otner DemOcrablc papers at
tempt to belttle the standing and ability Of
Edward Atkinson Esq. of Boston, whose state
ment Of the financial condition of the govern
ment is of great value and Importance
They cannot refute his figures and so they
attempt to decry the, man. Every prominent
man, every manufacturer and every Board of
Trade not only in New England but all over
the country know who MIR. A. is and appre-
ciates his until now acknowledged usefulness
We were glad: notice in the Press of FRI
day last that your Lewiston correspondent re-
ferred to the remarks of the Argus about Mr.
A., and added that she is Treasurer of the
Franklin and Continental corporations in this
city, and besides being an active and prosper
Gus man of business is given to the examina-
ton of financial topics, searching for truth for
the sake of truth alone" The Evening Star of
Friday, referring to the facts given by your
Lewiston correspondent, pays a tribute to the
intelligence and sterling integrity of Mr.. At
kinson and adds that his financial opinions are
entitled to very great respect, and his state
ments of fact may be received with absolute
confidence. "-'' f- ~ '" 90 n"g
In Harper's Weekly of this week We find
Mr.. AS financial statement spoken of IN the
highest terms. Says the editor: "The Demo-
cratic Misrepresentation of the actual finan-
cial condition of the country have been once
more and most concEasiUely exposed by Mr.. At
kinson of Boston in u speech at the Republic
can mass convention in Massachusetts,. His
statements very clear and are, found
ed upon data furnished by Hon. David. A.
Wells. Mr. Atkinson himself is klo,on
as q carefM student Of all faancial Ques-
TONS" The article gives a synopsis OF Mr..
Atklnson's statement, sustaining him thor
oughly in the fact of the reduction of our ma
tional debt since the war of over $4,000 600.
Says the editor, "Mr Atkinson Justly claims
that this exposition shows that the Reoubli-
canparty have managed the finances with a.
success hitherto unprecedented. His state
ments OF the present situation are worthy Of
the most thoughtful attention. The taxation
has been reduced $167. 100000 and when Mr..
fendleton says that they amount TO 500,0OOOOO
year, he says What he might know to be I'M
true. Moreover taxation at the present rate of
$500 per head will pay our debt before the end
OF the year 1884. Immigration is constant.
The increase since the war gives $63OOO0OO
directly and $500 100000 indirectly to our re-
sources. Industry is multiplying. RAILROADS
extending, agriculture improving; even in its
present condition the Southern States grow
their own food, and during the last year crop
of 100000 bales of cotton, tobacco enough to
be one OF the chief dependencies of taxation.
and rice enough to supply the home market for
the year. With Grant and assured peace ard
consequentinvestment of capital and quickeped
production, the result may be easily foreseen.
Inc country is greatly endebted to the mis-
representation of the Democratic leaders for
the lucid and conclusive statements of Mr.. At
knson, Mr. Wells and Mr.. Fessenden.
Atkinson, mindyou, Mr.. Argus first on the
list and there is not an honest man in tbe.
land, however heavily pressed by the taxation
which the rebellion of the Southern Democrat
ic party has imposed upon us all. who does
not ask the Democratic orators who paint the /
horrors OF taxation, And how will your policy
OF civil war tighten the taxes" i
Try again, Mr.. Argus. Your attemnts r.,
traduce such a sound and able financier as Mr.. (
aehihseh are useless. !sH MERCHANT