Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1868-11-25

Contingent exuenses....-.....-.-......... SOS 50
Stable H6S W
rrr .-.. sS,656 90
for eleven weeks would amOznt 70 sl7.2lS per
annum.
cluded in the foregoing estimate OF house eX-
penses; and il should also be observed that the
article of frewsod will. in winter, amount TO
heavy sum, which Is not here noticed
The salary was found barely sufficient
to sustain the President in the style
Washington was compelled to live during
his administration, and several Of his sue
cessors could not live upon the salary
and retired from Office with diminished
resources, or so poor as afterwards to
be dependent upon friends for support.
But in after years it did not cost the
President so much to live, and in q style
creditable to the republic, as it did when
the salary was fixed. Several of our
Presidents have retired with handsome
sum saved from their salary. Even Presi>
dent Lincoln is reported to have saved
a portion of his salary and that al time
when every thing was much higher than
at present. But it seems that at least
a portion Of the friends of Gen. Grant
will not be content with an increase Of
the Presidents salary, as the following
from a Radical journal shows
In addition to the question Of in
croaSing the Presidents salary to ono
hundred thousand dollars per annum,
which will be presented 20 Congress ct
an early day Of the next session, there
will also be the proposition for the cree
ton of a new presidential mansion. It
is stated upon good authority that Mrs.
Grant has declared that she will never
occupy the White House. She says she
is unwilling to exchange her own COM
Portable home for the unComlor able
and pOorly-arranged apartments at
the executive mansion, although
she would be willing to appear on State
occasions and do the honoTs of the es-
adjustment The result Of the stand
thus early taken by Mrs. Grant will 10
doubt be the erection Of new building
on a more eligible site. Such building
has long been regarded, both in and out Of
! Congress, as public necessity, for no
Executive except Mr.. Johnson has ven
tured TO occupy the present mansion du~
ring the summer and fall months since
the administration Of Mr.. Pierce"
What views Gen. Grant may enter
tain in regard to these matters are I'M
known to the public. One Of the journ-
ais which faYors an increase Of the salary
Of the President does so on the ground
that he should not only have a liberal
support while occupying the presidential
mansion but to have him feel secure
against want when he retires to
private life, since he cannot
again participate, as before, in ordinary
pursuits This is a new idea, and it
certainly never entered into the heads Of
the fathers of the republic, when they
were fixing the salary of the President to
put it at so high a sum as to enable him
to retire with fortune sufficient TO sup
port him the balance Of his life. 1t is
not necessary that exception should be
made in favor Of Gen. Grant, for he is by
no means poor man, as is shown by the
Washington correspondent Of the st.
Louis Democrat, RADICAL who says in
a recent letter
Gen. Grant is rich already. and by
cautious investment he is destined to be
very rich one day, ranking with the most
opulent. He owns thirty eight acres Of
land within the corporate limits ofWash-
ington, worth S2000an acre. His house
hercis held at 100000. A farm near ST.
Louis and houses at Galens and in Phiia
delphia should add 100000 to the former
items. Three hundred Thousand dollars
will probably not be in excess Of the Pre-
sident elects possessions. Meantime his
commercial training and t0ndness for
material speculatons, added to his good |
luck and caution, are eXempljiying them |
selves m judicious operations in many |
honorable fields 1t is altogether proba. |
bic that we shall have in General Grant |
President who, exercising all due liber- |
atty and hospitality in the Chief Magis-
tracy, will be the first President since |
Washington to be discreet and practical |
in the management Of his private for
tune.'
1t was stated during the Presidential
canvass that Gen. Grant had invested
100000 in government bonds. This
added to his real estate, makes his
present fortune at least half a million. Is
it necessary that the nation should make
provision for him after he shall have
retired from the cares Of Office There
is scarcely possibility thathe will need
81, f,rtarinr holm