The weekly register. [volume] (Point Pleasant, Va. [W. Va.]) 1862-1909, 1869-06-17
POINT PLEASANT. w. VA,
THURSDAY, JuNEI7, 1860.
RETRENClIMENr.

The public debt statement, issued for
May is truly gratifying o everyone hay,
ing the homer Of the country md The
interest of the people at heart. This
statement shows n decrease OF thirteen
millions Of dollars in tho public debt
during the noah of May. and a de.
crease OF twenty millions of dollars since
the day General Grant took his seat ns
President Of the United States These
are, says the Baltimore american. ere.
suits which the public will well under.
stand, and tho signifcau! value Of which
cannot be obsCuTed by any faul! finding
as to The precise method by which the
reduction has been accomplished. The
country will see that We are paying of
the public debt Mt the rate OF eighty mil,
lions Of dollars year, and the conclu'
sion irresislibly follows that 10 Nccomp.
lish this good purpose the Republican
Administration is carrying out the pied.
ges Of retrenchmenl and reform made to
the people during the Presidential can
vass. We are collecting more money
without an increase OF taxation, and
spending less. and that is the only poss-
iblc way in which the country oon be
brought back 10 specie basis, During
Mr.. Jobnson's Administration the Re
publican party were made responsible
for q condition Of aifars over which it
had scarcely any control. The corrup,
ton mons tho oilieials, the extrava.
gance 10 all he departments at Wash
inglCn, aod the absurd financial policy
of Mr. McCuldch, were each held up to
the country as The results of Republican
control. Three months of Gen. Grants
Administration has shown how false
these charges were. Honest men have
been put in charge Of the revenue Off
ces and the taxes arn COLLECTED, corrupt.
ion no longer rules in all branches Of
the public service, and reircnchmeut
and economy is rigidly enforced. This
is the balance sheet with which wc 60
before the county, md We believe that
as The Administration advances with it,
woIk il will yet show even better results
and 10 short time be able 10 abolish or
largely diminish many ofthe taxes which
bear most heavily upon the interests oil
the country"
AT every point where the Democracy
10 10 power we find the ratio OF taxes
constantly on the increase, whether it be
in State, county or municipal govern
mems. while Republican government as
a general thing tends to tighten the
burden. 10 the State Of Ohio for in.
elance, where the Democracy have been
in power little less than two years, tho
taxes have increased fully so per cent,
over what it vas under Republican rule.
Heavy taxation has been the general
and legitimate fruits Of the extmvaganl
and unwise system Of parIizan legisIa-
ton and government which the Democ-
Eacy have inanguraed wherever they
have obtained power. This fact has
shown itself so torcibIy that the people
cannot help but see it. The D9moorn
cy have been crying out against taxa
ton, yet all the taxes that tue people arc
now paying wero caused by the Demo.
cratic party. Treason and rebellion led
to war. Had there been no treason aud
no rebellion there would have been nc
war and no war debts, The govern
eminent was bound TO protect herself
She gave her resources 10 tho work OIL
solfpreservation, and ever since the
close Of the war the Democratic party
has been doing Ill 10 its power 10 keep
up taxation, and cripple the resources o.
the government in order 10 make polili
oal capital They have endoavored OF
all times to increase taxation and then
to lead tho public into the belief tina
the Republican party was responsible fol
il. Since VIC have rid ourselves of And,
johnson, these manoeuyres have failed
and while the people know that the Re,
publican Administration under Giant
Is paying oil the national deb! NJ III,