Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1868-11-05

millions Of dollsrss IAN. investigation Of the dis
bursements since the first day Of July, 1855, fur.
ther shows, that by adding to the expenditures of
thu hst thpes ysars tue estimated coss pf admins.
tering the government for the year ending the
thirtieth of June, 1862 we obtain the sum of six
teen hundred milions'of dollars as the amount re-
ouired for the four years Immediately following the
cessation of hostilities, or nearly as much as was
expended during the seventy-two years that prece-
1t will be seen, from this brief review, that from
1871 to 1861 our public debt was at no time more
than one-hundred and twenty-seven- millions OF
dollars, while subsequently, four years Of civil war
expanded it to twenty eight hundred millions SGlt1
will also be perceived that while, prior to 1854, the
largest annual disbursement was not quite seventy
four millions for the year 1885,. the expenditures
during the last three years Of peace have success
sively been FIVE hundred and twenty millions, three
hundred and forty-ssii1 millions, and three hundred
and ninety three millionsTthree hundred and sew
enty-two millions being the amount which it ls es-
timated will be necessary for the year ending She
thirtieth Of June next. ,,..l - - -, =
In making this comparison, we should remem-
ber that during the long interval between l7S9
and 1861 the government was frequently required
to make expenditures of an extraordinary charac-
ter. Large sums were paid to Indians as annul-
ties, and for the purchase Of their lands and ex-
pensive wars were wsged against powerful trloes .
Louisiana was Acquired from France at q cost Of
fifteen millions Of dollars; Florida, in consideration
of five millions was ceded to Is BY SPAIN Calltor-
MIA became part of our possessions on payment
to Mexico of fifteen millions; while for ten mil 4
lions our government secured from Texas the ter.
ritory Of New Mexico. During these periods OF
our history we were also engaged IN wars Mltn
Great Britain and Mexico-the first waged against
one of the most powerful nations ofthe world, the
other made additionally expensive BY the pfcsecq-
ton of military operations ia the enemy territory
The startling facts, TINS co1cisely stated, srg-
gested an inquiry as to the cause Of this Immense
Increase in the expenditures aud indebtedness Of
the country. During, the civil war ithe mainten-
ance of the Federal Government was the enc great
purpose that animated our people, and that econ
omy which should always characterize our hnan-
cial operations was overlooked %, the great effort
Of the nation to preserve ITS 'enstenee. Iniany
tinued to exist long after it had been brought 70
triumphant conclusion, and the people, having be-
come accustomed to a lavish expenditure OF the
public money for an object so dear to them as the]
pressryationof the integrity Of their free lnst.te
tions, have patiently tolerated taxation OF the most
oppressive character. Large sums Of money coa-
tinue to be extorted from them, and sapaRdeTed 70
useless and extravagaat appropriations En9f-
nous expenditures are demandet Tor purposes the
ing army, perversion of the constitutions and sne-
jugation Of States to negro dominati9n. With Wish
a military establishment costing in time OF peace
NOT less than one hundred millions annually, audi
debt the interest upon which draws from the trea-
sury each year nearly one hundred and fifty mil
lions-making total of two hundred and fftymll-
lions of dollars for these two items Of expenuhtnte
alone -teneGefment has become an h absolute ne,
cessity, or bankruptcy must soon ps a44d
involve the country IN ITS ana aissstroGs
the taxes may soon be materially reduced, HoemeE:
" for the Iene6tof aGfea,i but inthe Interest bf
all. A revenue would yet remain 90 fhcientt the
administration Of the governments as wen as for
such reduction ID q, the public debt as would in
few years relieve the people FROM millions ct IN
eerest now annually drawn iron their pesonrces. 4
The idea that the debtis to become permanent
should be at adj times ceantenaaced, aslnvoF-
ing taxation too heavy 10 be borne, and payment
of an amount in interest every sixteen years equal
to the. original sum. The gradual liquidation of
the public debt would by degrees release the large
capital invested in the securities Of the
which, seeking remuneration IN other sources OIL
income, would add to the wealth of the nation, up.
on which it is now 80 great drain. This immense
debt, if permitted 10 become permanent and N
creasing, must eventually be- gatheref INTO the
hands Of the few, and enable them TO- exert dan
gerous and controlling power in the affairs OF the
government The debtors would BECOME g, the ser !
wants Of the lenders creditors the masses of
the people. - It is now our boast that wehave CIV
en- freedom TO three millions Of slaves it will then
be our shame that BY their own toeration Of psur-
patton and prohigacy, forty millions OF people have
enslaved themselves, and exchanged shareholders
for new ,taskmasters in the shape of boRdholders
and tax-gathers Hence the vital issue whether
Congress and its arbitrary assumptions Of apth9ri
ty shall supersede the supreme Law Of the land
whether in time of peace the country shall De con
troled by multitude OF tax collectors ana stano-
ing army, the one almost as nueroHs as the other
and making the debt . permanent burden upon the
productive industry of the people or whether the
constitution, with each and al Of its guarantees,
shall be .sacredly preserved whether now,ia In
1889 and 1916, propsion shall be made for the pay
ment of our oblgationsat as early apesiod as prac-
ticabe, that the fruits of their labors may be en-
joyed by our citizens ratHer than used to build up
and sustain a moneyed monopoly at home and a.
broad. The contest is not merely who shay M oceu.
py the principal office in the peoples gft, but
whether the high behests of the Federal COpstitu-
ton shall be observed and maintained, in order
that our liberties may be preserved the Union Of
the States restored, that our federal system may
be unimpaired; fraternal feelings re.estahGshed,
that our national strength may be renewed theex-
penditures diminished, that the taxation may be
iightened, and the public debt once more extn:
guished, that it may not injudieiously affect the
life and energy, the prosperity and morals OF the
nation. -, go. =, IL:
Believing that for the redress of the great
wrongs, and the correction of the many abuses un-
der which, the country is new lsbofing, we must
look to the American people, and that in them Is
our hope, am, very truly, y9nI mt trlsSSd
General THOMAS EWING. ~. al ID, r"n v,i..
r---->-->->---- t<3lri
THE DEVIL LOOSE IN KENTUCKY. -,
A correspondent. of the Cincinnati Enquirer
writes to that paper from Broeksvile, KY, under
date of October 70, as follows: .,.......-,-
A wonderful phenomenon has recently made its