The weekly register. [volume] (Point Pleasant, Va. [W. Va.]) 1862-1909, 1869-06-17
GEO. ". TII'PETT
EDITOR AsD PRnpnIETog.
POINT PLEASANT. w. VA,
THURSDAY, JuNEI7, 1860.
RETRESClIMENr.


The public debt statement, issued for
May is truly gratifying t 0 everyone h0v-
ing the homer Of the country md The
interest Of the people at heart. This
statement shows decrease OF thirteen
millions Of dollars in tho public debt
during the noah Of May. and a de.
crease ofiwenty millions of dollars since
the day General Grant took his seat rs
President OF the United States. These
are, says the Baltimore Amcrican. "rc,
suits which the public will well under.
stand, and tho significant value Of which
cannot be obscured by any fault inding
as 10 The precise method by which the
reduction has been accomplished. The
country will see that We are paying of
the public debt at the rate OF eighty mil,
lions Of dollars year, and the conclu.
sion irrcsisiibly follows that to accomp.
lish this good purpose the Republican
Administration is carrying out the pied.
ges Of retrenchmenl aud reform made to
the people during the Presidential can
vass. We are collecting more money,
without an increase OF taxation, and
spending less. Ond that is the only poss-
iblC way 10 which the country can be
brought back 10 a specie basis, During
Mr.. Jobnson's Administration the Re
publican party were made responsible
for q condition Of airairs over which it
had scarcely any control. The couup,
tion mona tho ofieials, the extrsva.
gance in all the departments at Wash
inglcn, ADD the absurd financial policy
of Mr. McCulloch, 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 nrn COLLECTED, corrupt.
ion no longer rules in all branches of
the public service, and retrenchmeut
and economy is rigidly enforced. This
is the balance sheet with which We 60
before the county. and We believe that
as The Administration advances with it,
wOrk il will yet show even better results
and 10 a short lime 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 governmen, as
a general Thing tends to tighten the
burdeu. 10 the State Of Ohio for in.
slance, where the Democracy have been
10 power little less than two years, tho
taxes have increased fully so per cent.
oyer what it was under Republican rule,
Heavy taxation has been the general
and legitimate fruits Of the ex,mvaganI
and unwise system Of parlizan legisla-
ton and government which the Democ-
Eacy have inangura,ed wherever they
have obtained power. This fac, has
shown itself so iorcibly that the people
cannot help but see it. The Damocrn
cy have been crying out agoinst taxa.
lion. 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 no
war aud no war debts, The govern
eminent was bound to project herself
she gave hcf resources 10 inc WORK OIL
selfpreservstiun, and ever since the
close Of the war the Democratic party
has been doing all 10 its power to keep
up taxation, and cripple the resources Of
the government in order 10 make polili
oal capital, They have endeavorcd OF
all times to increase taxation and then
to lead tho public iuto the belief that
the Republican party was responsible for
il. Since VIC have rid ourselves of Andy
johnson, these manoeuvres have failed,
and while the people know that the Re-
publican Administration under Gmnt,
IS paying oil the national deb! aI the