The south-western. [volume] (Shreveport, La.) 1852-1870, 1869-02-10

STARTLING SrArEMENr-1he Moneys annually .Sto-
len Sufficient to Pay tie National Debt-lt is scarcely
possible for any statement to the corruption OF Gov
eminent officials, or the immensely Of the thieveries
practced on the people of this much enduring coun-
hy to be startling. Yet the following facts given by
Mr.. Jenckes in New York few days ago, have the
merit of being vivid presentation Of the dsgraceful
condition of affairs He said:
have the testimony of the officials of the Govern
who have charge of the business of the country
Commissioner Welles says in his report that tile losses
in the revenue have through the corrupt officials
poyed, been very great. Then again, look at the
trials now going Assuming that 81 So 600 600 are
the receipts from the internal revenue-the Commits
sioner believes that there would be increase Of
S75, 600, 900 as minimum obtained without any prac-
teal difficulty, as the law now stands And the Com
missioner Of Customs states that there ought to be
increase Of $25, geo 600 in the receipts For the last
year the receipts of the internal revenue were O00
000 and the receipts Of the customs were $40 oU0G00.
The Special Commissioner OF the internal revenue puts
the increase at 5000 00o and the Commissioner of
Customs tells us that it ought to be 25 900 900 of an
increase. Here you have the reports of the special
officers of the Government the fact that 500, OOO
600 either diverted into the pockets of fraudulent
officers or into the pockets of their contederatcs
Now, what does that mean? The debt of this
country is 50 500 900 900 in round numbers. The
800 GOO 600 perverted and wrongiuly converted
by these officers would pay the national debt, every
dollar, within the time in which it is payable. The
fve-twenes and ten ortes-every dollar, repeat, of
the national debt, would be paid if the revenue
collected Do you meet the significance of that state
ment? Willy do they waste time in Congress over the
financial measures of the currency, bonds, and other
questions, when we have positive testimony from Of
cials in whose intelligence AID honesty have faith
when they say, Collect your revenue and the debt
be paid, every dollar of it, within the time in which
it is payable" II you de this your credit will stand
firm in the world and will be endurinely established
Now, gentlemen that does not depend upon my state
in1e t4a npt pf he of Pa
lenchment, which states this, and it is sanctioned by
he report of the Secretary of the Treasury himself.
Those have charge of the financial business of the
country They say also: = Enforce the law, and not
only will the expenses tic Government be paid but
the sb of the nation will be paid it becomes due
THE PACIFIC CENTRAL TRANSIT RAILEoAD.-Ase every
thing bearing this subject at this time is of great
interest to our readers we reproduce the following
Washington dispatch, dated the Goth:
The project termed the Pacific Central Transit rail-
road and telegraph introduced by Senator Kellogg c
day. proposes the struction of railroad from New
Orleans to Cauargo, on the Rio Gsande and thence
through Mexico to San Bias, on the Pacific, with
branches the most important of which is that to the
City of Mexico. Under this bill the Louisiana Central
T,arst Company and the Texas Central Transit Com
pany authorised to consolidate and when the COM
pany sia! have constructed ten miles of railway and
telegraph, and after commissioners have examined aud
reported, the condition OF the road the company are
auholi ed issue its first class mortgage bout ma
turing in thirty years from the date Of issue the rate
of twenty five bonds of thousand dollars each,
bear six per cent. interest, payable semi annually
COIN These are to be signed officially by the Secretary
of the Treasury and this Endorsement shall pso iaco
constitute first lien mortgage on the road for the
protection of the Government and until the road
is completed, which shall be within six years. Troors
and munitions Of shall be transported at reasona-
BILE rates. and the proceeds thereof to be deposited
with the Secretary of the Treasury and applied the
payment of interest on the bonds. \ sinking fund is
to be provided to pay the bonds at their maturity Tie
bill grants eight sections OF land for each mile of the
road The laborers the road have the right pre-
emptiorty each, at one dollar per acre. for q
homestead The road is less than fifteen hundred miles
in length. The measure referred.