The weekly register. [volume] (Point Pleasant, Va. [W. Va.]) 1862-1909, 1868-10-22
The National Debt-HOw Much of it
has been paid.

The National Debt-HoW Much OF 10
has been paid.
We compile the following from the N.
Y. Tribune;
The democratic papers have Hgvsal
deal to say concerning The decrease Of
the public debt II is usual to state the
reduction Of the debt at too hundred and
fifty millions, the amount by which the
ascsrlained debt, liquidoled hsS been re.
duced. At the close Of hoslillieS there
was . certoin amount that ii was known
that The Government owed. Besides the
amount Of the sscertsiued debt in Au-
gust 1865 there were about five hundred
millions due in srearages Of pay to SOL
dies, bounlieS, overdue contracts, trans.
portSLioD aud other expenses Of closing
up the war. These we're really incurred
and due 10 August 1865, and should be
added to the amount Of the sScertained
debt. in order 10 arrive at the maximum
amount oil that debt and tho total sum
by Which'il has been reduced. Mr.. Ell.
ward Atkinson. in speech delivered q
few days ego at Worcester before the Re-.
publicans Of Massachusetts. presented
the actual facts in their true light, show.
iDg IhOt The actual indsbOlnsss both liq.
Undated and unliquidSted was on Au-
gust the first. 1865. 83,2S7, TS3, 329,
that It Was on June 30, 1868, 50 1885,
900 000-being an actual reduction Of
$500. 1888. S29 in the principal ofthe debt.
By the same rapidly Of pay, the nation
can pay ito entire debt in ten years, The
figures are a. follows;
The total amount Of revenue received
by the Government from April l,I, 1865.
10 June 80. 1858, has been 1850. O5s,
5sS. Out Of this we're paid for buck
pay for the Army aud Navy aud war
contracts within 6hoen months after tho
close Of the rebellion $7T4.S65 SOL.
And there were paid FOR bouulieS. pen.
sionS, prize money, reimbursing States
for war expenditures. claims Of loyal men
Freedmcn's Bureau. expenses Of Recon-
Utruclion and National Cemeteries Sl45,
9la,4ol, These Two sums amour, 10
total sum 10 be added to the National
debt as il stood on tho books OF The TIea-
sury April /, 1865, Of *9eO.77s 959
The ascerlaincd debt was 2. 366, O55 OF,
making the aggregate ofk3.2s7. 1873. 329,
as above slated. The nation has there.
fore actually reduced its debt $Sce.7S3,
500.
WEI can now arrive at tho ordinary
expenses Of the Government, exclusive
Of war expenditures.
Income Of the Government 10 three
and fourth years, 9l.55o,O58, 583
W d'b, p $500, 1873. 500
w int p'd 438. 4s4.Ss5 Sl.94l,2ls.2l2
Leaving ord'ny expen. s2o8,S4O.37l
Now the Democratic papers have been
WAiliug over the proaigacy Of The Gov.
eminent. The last Democratic admin.
istralion With which this country was
cursed, aud the last with which we hone
il will ever be cursed. The e1psndh.
urss Of the last year Of BuChanan's Od
miuiStralion cost The country $685.
900 in bold. The ordinary expenses Of
our Government for ST years, from
April l, 1865 10 June 80. 1868, we're
$29s S4o,37I, being little less than
500, 900 900 year in currency, $685.
900. 900 10 gold. or 81. 100000 10 gold
less than the last year Of Mr. BuchananI
administration, We want our Union
friends to present these facts 10 The
croakng democrats who are e1claiming
against Republican extravaganza.