Delaware gazette. [volume] (Delaware, Ohio) 1855-1886, 1869-08-20

/ ed onIy SS25, ,OO0, 900. The receipts. in
stead Of S24, 100000, as he stated. eZ-
eeeded $3.50, ,020, 900. He estimated the
expenditures about $50, 100000 above
the fact, and the receipts about $40, 600, =
600 below the fact, and the result is
that instead of the deficieneT of over
$3.50. COO, 600. which he foretold, Mr..
Boutwell, has a surplus Of between
$50, ,000, 600 and S40,0O0,O00.
These gratifying results nave been
obtained without any increase of tax
alton, 1st, by retrenchment and econo-
my, thus reducing expenditures; "a,
by a more thorough and honest collec-
tion Of the revenues. have before
me authenticstatemeut Showing " hat
| was accomplished in some DeEartm me nts
in the first four months Of General
Grants administration. There wrs ex-
psnded on account of the War Depart
ment last year in the months Of March,
I april, May and June, not including
bOunties and reconstruetion exp penses,
1 S3l ,S32, $50, and during the same period
this year $I9, ,996, ,444, or q saving under
General Grant in the latter period of
| 81 ,S36, ,545. I am sure that &c Is safe to
estiL1a that from March 4, 1869, to
March 1, 1870, the first year bf the pres
/ ent administration, the aetuRl BORG
f3ote redu notion of army-s7, s1e - 800 ~
/ be fully S24, 900. .06O, or -
| month The navy expeudAtureS rom
! March to June, 1865. inclusive, we're
I
/ 1869 they were Sc, ,482, ,937, decrease in
| 1869 of 81 ,SS1 ,9S4. The civil and mis-
| cellaneous expenditures from March
| to June, 1868, inclusive, were s18, $780,
| 574, and for the same period in 1869 they
were S17, ,574, ,5SS, showing a decrease OF
/ SS15, 1886. in this item of expenditure,
as in several others, q still greater re-
| trenchment began With the present fis-
cal year on the first of July last How
| 1t is done appears in part-4rom the fol-
4
natl Eng quirer, from W ashiBgton, dated
June 80, 1863: ''The fiscal year closed
| to-day, and all of the cid apprOpria-
tions expired. Tomorrow the Gov
ernment goes forward on reduced ap-
| pEOpriatiOns. The result is that sever
al hundred officials. were to-day re
| moved. Nearly two hundred were in
the Treasury and fifty were in the War
Department. So far some six hundred
removals have been made from the
Treasury Department"
Great as is the reduction in expendi-
lures under General Grant, he 1ncreas-
ed efficiency and faithfu1ness in the
collection of the revenue is equally
gratifying. I will detain you to give
| but a single example. To collect hon
estly the tax on distilled spirits, -
commonly called the whisky tax under
Andrew Johnson, was beginning to be
regarded as impossible. e The monthly
collections when General Grant came
into Office were little more than three
millions of dollars. 1mne edIately af-
terWard the collections increased to
over i've millions month The same
results appear in all directions. With
out any. increase of the Tate of taxa
ton the receipts of the Government
are rapidly and largely increasing.
Even Bis puliIieal adVeFsaFies. are
conpelte to admit the ability and
success with when Gov. Boutwell, adj
.
When be adopted The policy OF selling
gold and buying bonds Wtrh the, pre-
cpeds, the Cincinnati Enquirer OF May
10, 1869, said:
'sTne New York Times says that Sec
retary Boutwell, will buy a million OF
bonds every week. and sell a million of
dollars In gold. If tniszIs done, iC will
be the first inkling Oft return to a
sound financial policy. Heretofure the
| idea has been To Increase the amount Of
| the bonds which bear fRtefesF against
the Government, and, at The same time
add to the gold on hand, Which bears
| no interest. In other words, the idea
was to increase the amount of Interest
! the Govern ment pays while it derives
| no interest from it's own s1lfdsl Ne
more than doubt WhebneFF the Grant adj
| CnInistration viii have the 8 nse topUr-
sue a contrary course If il does it will
| agreeably disapPoint public expecta-
! ton"
I
make on the paragraph from the En-
| Quirer is that Governor BDntWeilis now
/ buying not merely one million, but from
! two to three millions of Government
| bonds every week.
| close what wish to say as to the
policy of Gen. Grants administration
on the great subjects of taxation, ex-
| penditure and debt, with a statement o.
the confident opinion hat the same poll
| icv continued, without any increase
8 To- ],
| red in suppressing the REBEL on can be
| paid off in less time than was required
to pay of the war debt of the war of
| 1872.
THE STATE FINANCES.
Having seen how Gen. Grant is deal
/ ing with the great fuancial problem
N the national administration, let uS
| inquire how the Democratic party deals /
| with it in our State affairs.
The Democratic party obtained con-
troll of the law making power of Ohio
power pledged 10 retrenchment and
economy by their platform, their press, /
and the speeches of their public men.
| There are many reasons why these |
pledges ought to have been faithfully
kept. A great deal of eXaggeralion
| has been indulRPd in by our adverser-I
les when speaking of the enormous bur
dens of taxation brought upon the
people by the war for the Union. Tue
| truth is the tax-s collected in Ohio, un-
der the In ernHI Revenue law of the
United SJHts 8, are much less than the
taxation for Stale and local purposes
| authorized by the legislation of our
| General Assembly. The total amount
of taxes co lpctPd in Ohio, under State
! laws in 1868, was almost 81, ,OOO, ,OOO
The amount collected in Ohio, of in |
ternal revenue taxes the same year. wa
| $12, 1856, ,l53 SO, or almost IS, ,0O0, 900 lesS
/ than was collected under theS State laws
| It is also to be observed that but a very
smell part of the taxes collected under |
| the Internal Revenue laws is paid bN |
the people of the State at large. More
| than half of the internal revenue for the |
wear 1868 was collected in the two cities
| of CiucIunati and Cleveland, and one
| third of il Was collected from tobacco,
| spirits and fermented liquors. Tn the
| commerciaI centers, where capital has
| accumulated, the larger part of the iu-
| ternaI revenueis collected. In this Con-
! gressional District, for example, in 1868
| the taxes collected under the State laws
was 1854 1886 20, aud the internal reven-
ne tax was only Sl83, 73l 20. Thi
| ls considerably less than the amount of
| taxes collected in Clinton county alone
/ under th4 State laws daring the SAM
| year. l have not been able to ascert avn
the exact amount of internal revenue
| taxes collected in Clinton county. dur
ing the year 1868, bns assuming that
this county pays in the same proportion
with other counties of this G. ngression-
al District, Clinton county pFld in 1868
for national purposes, under he inter-
nal revenue law, ouly about one-fitth as
much as it paid under State legislation
/ Tutse facts show that Ohio is far more
heavily hCrdeUed by STATE laws than
by the National Internal Revehu. law.
and that this county, and all counties
similarly situated, b~Hr more than four
tlmps as great burden under the State
IeRislaJion as they bear nnder the Rev
spI1e laws of the nation. This demon
strates how important il is that the
4 Deuple of Ohio should give attention to
Il he finances, expenditures, debts ana
u taxps which depend upon State legislR-
Again the fact is not to be overlooked
that taxation under State laws is rap
! idly increasing. The total taxes coll
! .ecGed in Ohio under State laws was, in
l959 54
ld ~
1856 ~ "