The Conservative. (M'connelsville, Ohio) 1866-1871, 1868-12-25

nino dollars and seven eighteenthH per
,apita. 1t will be observed that all OF these
statements refer to and exhibit the disburse-
Of peace periods. 1t may, therefore,
be OF interest To- compare the expenditures
of the war periods, the war with Great Brit
ain. the Mexican war, and the war OF the re-
rebellion. In 1914 the annual expenses met
dent to the war of 1912 reached their highest
amount. about thirty.onc millions, while our
population slightly exceeded eight millions,
showing am expenditure OF only three
dollars and eighty cents per capita.
In 1871 the expenditures growing out OF q war
with Moxico reached hfty-hve millions, ana inc
population about twouty-onc millions giving only
two dollars and sixty cents per capita for the war
In the year 1860 the expenditure cailou
for by tho rebellion reached the vast amount OF
t,veiys hundred and ninety millions, which, COM
parcd with a population Of thtrty-tour millons'
.aivra thirty aht dollars and twenty cents perclpita
PROM tho fourth day OF March, 1889, to the 3Oth OF
June. 1851, the entire expenditures OF the govern
mont were seventeen hundred million dollars
During that ponod We were engaged in ware win
groat Vrtaiu and Mexico, were involvcdi In hosulucs
NTH powerful Indian tribes. Louisiana was purchas-
ed from France at u cost OF hitccn millnnH OF ool-
lars. Florida was coded TO us by Spain for hve mi
lions. California was acquired rom eleNvu w
fifteen millions. and the territory Of New Mexico
was obtained from Texas for the sum Of ten mil
lions. Early in 1861 the war Of the rebellion com
monccd and from the lst Of July OF that year to th9
roth Of June. 1865. tho public expenditures reached
tho enormous aggregate of uiirty-thrcc hundred
millions: three years uf peace have INTERVIEWED ana
during that time the disbursements OF Nv
government have successfully been hyo nun.
jrcl and twenty millions, three hundred
and ~forty.six millions and three hundred
aud uinetythrcc Millions, adding 70 these amounts
tbrcc hundred and sovOnty-two millions estimated
as necessary for the fiscal year ending the . ga OF
Juno, 1869, we obtain a total expenditure Oh sixteen
hundred millions of dollars during nc
four years succeeding the war, or nearly
ss much a. was expended during the
seycuty.two years that preceded tue rcuolhon
and embrace the extraordinary expenditures already
named. These startling facts clearly ILLUSTRATE iilc
Necessity Of rctreuchmcnt in all branches OF tht
pubUg service. Abuses which were tolerated our.
inp the war, fort he preservation Of tue hau'n' wlii
not be endured by the people, now that lroi'uh"
peace prevails.
Tho rcc,iuts from internal revenue and customs
have. during the past three years, gradually ~
miniShcd. and the continuance ol useless cNtrHN1,
rant cxpcnditurcs will involve us IN halonal
mi r,ntrr. ar clse moro inevitable. an in
crease of taxes already too oncruus. anu III many
respects obnoxious. on account oi hcirln9ul.ltotla
character. one hundred miuiouH ahhuahy ~ -
pended for the military iurce' a largo puluV,l ~
which Is employed In the execution ol laws Iotli
unnecessary aud unconstitutional. ono hundred
aud nty millions are required each year 70 lay We
! interest on the public debt An army 81 thN-gath-
| orcrs impuycrishCs the nation, aud public agents
placed by Congress beyond the controloi thc'N'ou-
i've. divert from their legitimate purpose. lArSc
sums OF money which they collect from the p'"rl'
! iu tho name OF the government. Judicious lcgi-la-
ton and prudent economy can alone remedy uolvCl.
aud avert evils which, If suffered TO exist taunut
fNI To- ulmlNlHN NNAAAA'A'hNN /" Ah' AN'f
/ and weaken the attachment ana respect OF the poo
ole towards their political iuHtiiuunnS.-
without proper care the tmall balance "li,n
IL ~ estimated viii remain ~ tl'
Trrassry nj the close Of the FISCAL yc1r will not Dc
realized and additional millions be added 20 q dcut
which b. now enumerated 10y billions II shown
by thc able and comprunsiyo report Of the Secretary
OF the Treasury that tie receipts Tor inc hs,al yea,
ending June 3Olh, lSOs, were s4u5,Ojs,UeA ana
iIat The expenditures tor the same period were
sJ7L3iO.2sl leaving the Treasury " surplus ''
s2s,2 D1, 7QS.
II IA estimated that tho receipts during the pros
ont fiscal wear ending 1uuc 3Uth, 1869, viii be ST.
3ll.SUs. and the expenditure $3.50, l52' 40 throWlnF
a very small balance Of o2lU,al5 IN ianoI pm \ y, Z,
ii estimated that the receipts will amount TO 81
100000. aud the expenditures 3DJ,OJl,uuu' leaving
an estimate surplus OF 2AuOO,OOO " becomes
proppr ia this connection, to mako q urict reference
10 our public Indebtedness, which has accunu,
lated with such alarming rapidly aud assumed
such colossal proportions. In lte'' Whth lne gov,
crument commenced purluun under tue fedeia
Constitution, Il was burdcued with an Indebtedness
OF scycnty-nyc millions OF dollars, created uuilhi
tho war OF the Revolution. This amount had Dtei
reduced 10 f~orty.nvC millions OF dollars, Nhcni lt
1912. war was declared against Great Britain, th'
three years struggle that followed largely ihcreaf
ed the national obligations, ana ~ lNlo lhty hAt
attained the sum Of one hundred and twcnty-scNcf
millions. Wise and economical legislation hOWeN
or, enabled the government 70 pay the ,htr'
amount within n period Of twenty ears aAd th'
oxtiuguishmcnt OF the national dcot nllcI inc ilu,
WIN lNlAA'AhNf AhA w." 80
events Of President Jackson's administrator
After its redemption q large iund reihhlheu ~
treasury, which was deposited Tor salc keeplni'
with the several states on condition that II shoul'
be returned when required by the public wants
In 1919. tho year after the termination OF an cAprh
siyc war with Mexico, We found Ourselves lhNulNo'
i'm a debt Of %, OuU, 900. and this was the amour
owed by the government in 1850. just prior 10 tn
outbreak Of the rebellion. In the spring 81 lHol
our civil war commenced. and each year OF ~ con
uuumucu made on cu0uWguf addition t" "a" d"lt
and when In the spiug of 1868, the nation success
mlly emerged from the conflict, the ouhsatlolA %
the government had reached the immense sum %
2,S73,gg2, Dos, The Secretary Of the Treasury snow
that ON the first day OF November, 1867, this amour
= had been reduced 60 ., igl, tOi 400, but AZ tue SAM
| uHe his report exhibits uu increase during the pas
wear Of 3j,G2j,l 100, far the debt on the hrst day o
Noyrmbcr A. stated ~ have been 2,527, 1871
IL Is estimated by the Secretary that the returns TO
the past month will add to oar lmpliueS " lnltle
sum OF II. 100000, making a total Increase dullh
thIiicrA months Of i~G,5uh,ub2'
= In nv mussagc tp Congress Of Dcccmhc
l 9TH, 1865, IL was suggested That polc,
, should be devised which, Without being ol
. prc.-iyc to the pCOplC. would at once bcgiI
= TO effect u reduction NJ the debt, ana D per
: sisted in discharge IL fully within u dcnuit
, number of wears. The Secretary Of the Treas
/ urv forcihly recommends legislation of hi.
= character, and justly urges that the longer
. is deferred the more dlihcllt mus
I become it, accomplishment. We shoul
- follow the wise prccCdcnts cstabllnhc
: in 1889 and 1916, aud without further dela
make provision for tho payment OF our OBJ
i cations at as early q period as may be pract|
" cable. Tho nuts OF Their labors should y
enjoyed by our citizens, rather than 10 bull
NJ aud Sustain mOnCyCd mOnOpnles m on
own and Other lands. oar foreign dcbt ~ a
ready computed ly the Secretary of IL
% Treasury at eight hundred and nifty million
= OF dollars. Citizens OF foreign countries n
y crivc interest upon q large portion OF ul
securities, and American Taxpayers are mac
to contribute large sums Tor their Buppol
. The idea that such q debt Is to become pc
y mancnt should be at all times discarded
involving taxation too heavy to be born
and payment once in sixteen years az u
. present rate of interest OF an amount cql
i to the original sum. This vast sum II pc
&c mittod to become permanent VIII eventual
fail into the hands OF the few and CHab
+ them to exert u dangerous and controllii
power in the Affairs of the gOyernmcl
Y, Tho borrowers would become servants 10 tl
~ lenders-the Lenders the masters OF the pc
y pie. We now pride ourselves upon havli
- given freedom TO four millions Of color'
T. men. Ii will then be our shame that Tor
millions Of the people, by their own acquie
le cancc in usurpation aud protisacy, have 81
II fcrCd themselves to become CnslNycd, ~
Is merely exchanged slave owners for new to
i masters, in the shape of bondholdcr6 ana
u gathCrCrs. Besides, permanent debts pc
= tain to mOuarchlal governments, ana tcl
nc to mOnopOlieH. Pcrpctuitiea and ella
ls legislation arGtOtally irrgcunCllable with n
lc Institutions. Introduced into orr rcpuDnc
I'd system they would gradually but surely +
C. the foundations, eventually subycrt Our 80
&c ornamental abrc and erect upon its RUNS
er moncycd aTistOcracy. Ii Is our sacred du
rs 10 transmit unimpGIrod 10 our pOsterity, I
o. blessings OF liberty which were boquoath
ne to Us By the founders of the Republic, u
TO by our example teach those who arc 10 full
us cai e ully o avoid the dangers wn.ththre
NJ su "a lrpp and luupU.NupuI UUUUlp.
Various plans have been proposed for I
be payment OF the public debt. However III
IS. may have varied AZ 10 tho time and mode
la which il should be redeemed, there scCms
an be a general concurrence az 10 the prOpri'
~. and j%ustnoss VI u reduction in the prose
40 rate Of interest, The Secretary OF
ng Treasury IN mis- report recommends o por &c
n A------ L.. Nm .----L n-.-. ~ .LL.L