Delaware gazette. [volume] (Delaware, Ohio) 1855-1886, 1868-09-25
NO 81

900, 900 per annum, and when George
ii. PendletOn alleges that the taxes
now amount to $500, 100000 a year. he
wilfully asserts what he knows to be
false. We may we'll repeat the peril
nent question put, [ believe, By Hon
William Whiting, Are Pendletob
and the democratic leaders intention
ally attempting to destroy the credit
of the nation, in order that we may be
unable to obtain the means to put
down the new rebellion which they
| propose to inaugurate 2
But what is far more important, we
have reduced expenses yet more.
For the year ending June 30,lS65,
the expenses ofthe War Depart -.
meuG We're. ,03l 1923, ,600
! Forthe year ending June 80, 1865,
the entire expenses OF the
army proper, excluding boun-
ties, state claims and other le-
gaoles Of the war, were ,.-,.,s.. 5s,sla,OOO
mates are less than. ;4......: 10000, 900
The expenses for the Navy De-
partment for the year ending
June 80, 1865, were -.-.......-., 123, 600, 900
Year ending June 80, 1868 ....... 25,7zs 900
Estimate for the current year. ~, 100000
We are charged by Mr. Pendleton
with heavy deficiency bills, but we re-
ply that they are rendered necessary
by the frauds of the honorable demo-
Gratis Of the whisky ring kept in Office
by Andrew johnson.
STRENGTH OF THE COUNTRY.
We have ceased the rapid reduction
of debt, and our taxes are not now
excessive, but perhaps ill-adjusted.-
At the present rate per head Of less
than SO, our entire debt, with interest
calculated at six per cent. for the
next five years and at FIVE per
cent. thereafter,aDd with an allowance
for ordinary expenses far greater than
we are now paying-I say, making all
these allowances, the rate of IS go per
head will pay our debt before the
year 1884 has ended Why, gentle
men, we do not begin to realize our
poWer-we do not begin to know our
strength, we are scared by a mirage,
and we propose to put off twenty,
thirty, aye even fifty years, what we
can easily do in ten. We do not need
to issue a long loan to obtain low
rate of interest Canada has Just bOr-
rowed 81 .5000 900 at per cent. and
$1,000 600 at per cent, and the whole
amount was taken on twenty years by
the Rothschilds, at 1853. The finance
minister of Canada expects to place
$4,000 600 more on still better terms.
WHY INTEREST IS HIGH.
All we pay above four per cent. in
terest is the guaranty charged US
by capitalists because we indulge our
selves in the luxury of democratic
leaders like Pendleton, Seymour,
Hampton, Forrest; and the like.
have said that we don't know our
strength let us try to realize it by
glance at some of the elements of our
future prosperity.
WHERE STRENGTH COMES FROM.
First-1mmigratio Since the
termination Of the war, as | am in
formed by Mr.. Wells, over nine hun
dred thousand natives of foreign cOun-
tries have sought permanent home
in the United States. These immi-
grants are known to bring with them
specie, or its equivalent, to the aver
age amount of $40 per head, while
their average value to the country as
producers (and it is from production
alone that we can collect taxes) can
not be estimated at less than the aver
age value of an able bodied laborer In
the South, prior to the war viz 81 600
per capita. Immigration, therefore,
since, the war, has added S63, 100000
directly, and 5000, 100000 indirectly to
tho wealth and resources of the coun-
try.
And here let me point out an effect
of the Pacific Railroad upon future
immigration. I believe the force of
of Chinese laborers who are now con-
structiDg the Pacific end of that road
are but the advance guard Of q mighty
host who will establish new cen
tral fowery kingdom upon the dry
plains between the Sierra Nevada and
the Rocky Mountains. These plains
can only be cultivated by irrigation, In
which method the Chinese are the
most expert people in the world. But
still further and more important yet
While the white can and the black
does cultivate cotton, believe the
Chinese will perform the work more
cheaply, and that they will settle upon
the rich cotton fields Of Arkansas and
Texas now cultivated to the ex-
tent of only half of one per cent. of
their area.
TO the cotton climate and to the
method of cultivation the Chinaman is
perfectly adapted. He is temperate
and frugal, and his persistent industry
is exactly fitted to the light but con
tinuous labor required in the prOduc-
tion of cotton.