Idaho semi-weekly world. (Idaho City, Boise County, Idaho Territory) 1867-1868, 1868-11-04

dsgt kr' IA +IH
of the public debt after the Revolutionary wal,
tho war Of 1912 .andsth8 Mexican war, he saysf
the debt In February 1866 was 81, ,800,0 900 600 i
The expenditures during the last three yearsi
have been respectively $523 ,O00, ,OOO $346, ,O0O,-
600 and 1878, ,,0O0,000. He proceeds to say:
sTkelstartl;ng facts thus c0nciseiy stated have
suggested an inquiry as to the cause OF this in
crAase of expenditures and Indebtedness of the |
country During the civil war, the mainten-
anc6 0f the Federal GOvernulent was the one
great purpose which animated our people I
That economy should always, characterzel our
financial operations was overlooked in the great
effort of the nation to preserve its existence. |
Many abuses which had their origin in war con-
tinued to'exist long after it had been brought
to 2 triumphant close. The people having be-
come accustomed to lavish expenses Of the /
public money for an object SO dear to them as
thepreservation of the integrity of theirlfree
Institutions and having patiently borne taxa
tion most oppressive in its character, large1
sums Of money continued to be extorted from
the people and squandefed in useless extrava-l
ganeesu Enormousexpehs demanded for
a purpose. the accomplishment of which re
quires large standing army, the perversion Of
the Constitution. and the subjugation Of States
to negro domination With military estab-
lshment, costing in time of peace not less than
0 hundred million dollars annually, and a debt,
the interest of. which draws one hundred and
fifty million dollars annually, making q total of
$3.50, QUO for. these two items OF expendl-
ture, retrenchment has become an absolute ne
cessity. or bankruptcy will soon overtake us
and involve the country in paralyZing results.
! IT, however, u wise econOmy be adopted, taxes
may snon be materislly reduced, not merely for
the benefit Of the few but in the interest of all,
aud the revenue would remain sufficient for
the administration of the Governments as well
as for such a reduction Of the public debt as
would in a few Years relieve the people from
millions of interest now annually drawn from
them. The idea that the debt is to become
permanent should be discountenanced as in
yovng taxation too heavy to be borne, and
payment of an amount of interest every fifteen
years equal to the original sum. The gradual
liquidation of the public debt would by degrees
release Il large capital invested in the securi-
ties of the Government; which, seeking remu-
neration in other sources of income, would add
much to the wealth of the nation, upon which
| it is now a great drain. This ilDneuse debt,
| if permitted to become permanent and necessa-
| ry, must evidently be gathered into the hands
| OF few and enable them to exert q dangerous
and controlling power in the affairs ot the
| Government The debtors would become SER
vauts of leaders the creditors, masters OF the
people. segs 81
The letter concludes with declaring that the
vital issue is whether Congress and its arbitra.
nv assumptions of authority shall supersede the
Supreme law of the land whether. in time of
peace, the country shall be controlled byia
multitude of Tax Collectors and a standing
army, the one as numerous as the other, and
making the debt permanent burden upon the
productive industry of the people; or whether
The Constitutions, with each and all OF its guar
nntees, shall be sacredly preserved; whether
now, as in 1899 aud 1916, provision shall be
made for the payment of our obligations at as
early period as practicable, that the fruits of
their labor may be enjoyed by our citizens
rather than used to build up and sustain a mo-
ney monopoly at home and abroad. The con-
test is not merely who shall occupy the princi-
pal offices in the peoples gift, but whether the
Thigh behpsts of the Federal Constitution shall
/ be- observed and maintained in order that our
1 liberties may be preserved aud the Union
stand restored; that our Federal system may
Ibeunimpaired, and fraternal feeling be re estab-
lished; that our national strength may be renew
/ ed, our expenditures diminished; that taxes
Imay be light ,iild public debt once 1iore extin-
g,iished, that it may not injuribusly affect the
life. property and morals OF the natien., q s
L. Sr, LOUIS, Oct. 24.-The Repablican's Lit
!, tie Rock special says the report OF the assassl-
) nation of Congressman Kinds is distflisted.
Z lThe dispatch further intimates that it Hnds
\ has been murdered, the Radicals did the deed,
us Hlnds's course. lately, has been doing the
: Radical cause great injury. The Radicals
charge the killing oh Democrats. =" -
Il On the both, fifty negroes attacked Darda-
i neles. firing into the houses of whites, who raj
, lied and drove them away. ii. So. tslii It'll
The Times of this city says there are 10000
"A stand Of sal arlis in ST. LolIis purchased for
ii the Gouefnor0fs Arkansas and other SouthHfp
,Ggveraors, and that it has been tiuppsslblel lt
n get them Shipped South, f...,. .,;..,..
~ iNEW ORLEANS, Oct 25.-The origin Of tht
disturbance last night lis difficult to discover
i The, PieGyaas sayssthe negrol Clnbsahllsed and
! Iinsulted the Democratic Clubs Whpwers march
. ing in their rear, and the first shot came trolf
sfth1 npgro Club Three whites and six blacks
! etwrei kied,lis1'he istofes on the corner'of l3a
we're marked, with ,ballets,is ~
Il Z. lIaYpna correspondence of thu 18th says, ey
4Iarything isiquiet an. Havana. IheInsur urTFctlon'
.Iinlthp, intaTiqr aEe,of more imPnrtance thai
i the apthprities admit. I'd nriioal sal hsi1nts
81 i ALBANY, Oct 24.rA portion Of the tram %
) the Hndsop. River RailrHad was thrown iron
the track last nietltSand thFae cars slpasppf
slteatpns ppd forty persons inj ured7 pvprat ~
nlriqpsly apd tniQ killed,afsslla.d 81 f;sA s,f
III slNh0Na OCT nit il believed, I'M Mlnli
Nj trN Gull Eft lire before, q, large - saa
Il iIioritY.M thgnext H1Qpee Qf CRmtaAasr I,
.J.a Ya SWedisk Polar y ditlor fasl rstnrnPt
tQI te a'Gptg cQnq lpAgff'
= q nortn I. u I ,s