Democratic enquirer. [volume] (M'arthur, Vinton County, Ohio) 1867-1873, 1869-01-07
-vaaiitaI.


Alarming Increasein the .Pablic Debt.
lsieWe are.at last In receipt, OF the publicdsh
statement Of December LIST. II exhibits an
| alarming increase during the month ofNcy-
eDrber a. follows: fie ftfI wgiAsfHHn
Debt December lst ..,...,..,..,., $2,6S9, ,QSl o44
Debt November let, .,... ....,,..,. 2,b17, i2gbb2
u Monthly Increase, u. .s..- ,eO22 292
An increase of over eleven millions--
but fraction less than twelve millions OF
dollars in one month, and that following the
triumph Of Che Radical party IN the presi-
dental election These figures and facts
80 TO prove the correctness Of the data upon
which during the late political canvass we
! predicted an inevitable and an enormous
increase Of the public burden in the future.
Radical journal and radical speaker affected
to ridicule those data and prediction but
this $11, ,902, 292 swelling of the debt during
the month succeeding the election proves
either their ignorance or their hypocrisy.
4 The exhibit Of the debt for the last year
and for the period that has elapsed since
the war was drawing to a close presents
equally unpleasant features for the tax pay
er TO contemplate. t7tE Es-J sesr \
Thus the debt compares for the year; I
Dec. o.. .,,.,~.,t ~,,.., 50, 1883, ,OSl ,Sat
Dec y 'op ..s.s'.. 26Ol'2oS7o2
voa,iv i,,sra,so M ~ IA i9S3T Sa7 soe 200
Over thirty-seyen a fracSion les,
than Observation-Disclosures of dollars in
| crease in a twelvemonth, more than three
and nearly four years after the surrender OF
\ Lee tat sFmF6 u 44i9s,mf
| Tba diffaranca hatwaan tha dabt non,
a,d AZ dolt ~ a., s;,,o, ~ :, go. ,o,,' d,,,,
"iAu OhO uoOO ob bAiO 1Aulo pho Wal was uhW-
in his annual report Of December last is as
follows: 8N"a %" rAsb 4'Iefa
11SSss,sf't"-vs ssA.s".,s...,.cs2, SSe, ,0sl, ,sa4
iO0O' z.oOO.soo,o.1
Increase $172, ,0T6, 7O7
| Over one hundred and seventy-two mil
nons Oh uonars increase since tne tline ene
wal was iorAwlhg 10 close aS maze ghe
OASIS o. comparison py yhe Secretary OF tne
treasury In nlS report 10 congress year
ago.
puV snisB not 1ne Worst OF lne compar-
! isoni tsry lew PeoplS ui,uerstannu ~ sne
lact tnat sven tnese h8ures uo noI rePre-
sent tne ieal increase. py ManiPuiauon
Of tne deDtln tne interess OF pononoioers'
under poWsrs conferred upon Am py oon-
gress, tne secretary mas oeeh coEisIaheiy ro-
duclng the amount bearing currency inter
esq ana increasing .ne amouno oeaylng com
interest," ana SO a9ded 70 tne nurdeN ea OF tne
tsx payers tne din9senceoouween I'VE snS vaiue
OF greenpackss anu gola' Inc ionowlng
comparison OF tne P1Itlons OF tns ueot
pearlng lnIereso payaoie IN coin WIN iiiuS-
trate' 'N a. 20, 90, ,oo
',SS;'i''''t''''''''''''''tfsatosoST az sSy 40
---------- -.-
Increase. .$20s, ,4os, ,2Os
That is for the last year. The comparl-.
son between the present time and the LIST OF
April, 1865, when the war was drawing to
a close, it as follows:
1se8 Observation-Disclosures ,2O7, 500, 100
1865 S,,.,,""..",,..r.r.. l'ioO, Sol ,2b2
r,o.o.so a. o07 -Iss sEs
The balance of the debt in eech of The
above cases either bore ourrency interest or
NO ;rterest AZ all - 01T =, IlT
The onerations of the treasury are thus
seen IN have been conducted in the inter.
ests of bond holders and aoainst the inter.
terests r Of the taY.ravers. The debt has
been Increased Nv making nearly one-half
oft that oripinaiIy' draw interest in curren-
CIV draw interest in gold. The next step
in the scheme for The creation of n nloneyed
aristocracy il to fund tina whole amount,
making srecific agreement oftax exemption
and that the PRINCIPAL and interest shall be
considered nayabIe in cold but puttinp the