The Manitowoc tribune. [volume] (Manitowoc, Wis.) 1866-1878, 1868-08-13
Mr.. WELLS'S SEPORT.

Certain Democratic Journals have late
IL laborcd hard to induce the belief that
our National expenses are enormous,
that the public debt is being increased
instead Of diminished, that taxation is
more onerous. and that the Republican
party, having a two third majority in both
houses, is responsible therefor In an
swer to certain inquiries of the Hon VIM
&. Allison OF Iowa, Special Commissioner
Wells has written letter, containing the
following specifications:
|. That the National receipts of revenue
from all sources, for the fiscal year ending
June 30, 1868, were substantially $4O6,
300, 900, and the aggregate expenses
1911 ,635, 225, of which Sl4l ,G35, 55l 10
was On account of interest on the Public
Debt nearly SIC, 100000 of this being
due mainly to payments on account OF ac
cumulated interest on the Compound In
terest Notes, and which will not appear
in future interest Disbursements thus
teo0jtg an eStiniHted suptus-of RECEIPTS O.
rcr expenditures. for tie gear ending June
80, Of s34, 1917.
H. Since the war the amount of Taxes
abated or repealed is $l67 ,269, 900, and
coincident with this reduction the aggre-
gate OF the Nationalindebted has been
| yeducei $250, 900, 900. On this abatement
! the reduction of the interest, calculated
ut six per centum, would befJtcen million
| per annum.
| LII. Theaggrcgate expenses of the War
/ Department from April l, 1865, to June
! 80. 1868, were $Sl7, III ,043, As, S647,-
| 6SS, 900, tor 10 per cent ofthe whole) being
GSed during the last nine months of 1865,
iii paying of our troops and other neces
sary war expenses. The balance, 1869,
! 42S, 9S1 10, covers a period of thirty
months, and represents disbursements
/ further contingent upon the termination
of the war, regular expenses the money
used IN the Indian War, the payment of
bounties 1919, $50, $50, payment for
property destroyed in the military sevice
| 81, 900, o00I, reimbursement of State
claims so, $50, 900 river and harbor
improvements, Qualifications, Indians,
Freedmen Bureau. expenses of Recon-
struction, etc.
". From April /, 1865, to June 80,
| 1868, the expenditures of the Navy De-
partment were SIl3, 49, 96 81, and As
per cent Of this, or $50, Ss7, SS9 IS, were
| diSbursed in the nine months succeeding
the termination of the war. The balance
covers the regular expenses of the Navy
for thirty months ending July so, 1868, as
well as the disbursements of prize money
and for the settlement of contracts made
before the war ended.
V. No department of the Government
has been so much abused by Gov Sey-
mour and Democratic orators generally as
the Freedmen's Bureau. They have
never failed to magnify threefold the cost
of that institution Mr. Wells shows
that since its organization in 1866 down
to June 80, 1868. its expenses were only
| S5,61T, 900 This disposes of one-half of
the false statements of these men. Ii it
were possible to find out how much OF
this money was expended to alleviate the
suffering of whites, the Democrats might
be shamed into stopping the other half OF
their abuse.
Finally, the expenses contingent upon
the acts of Congress regulating Recon
structon have been 50, 344. 700, which is
also Tar below the amount given 10y the
Democratic candidate for President and
l his followers.-N Y Tribuae.