Perrysburg journal. (Perrysburg, Wood Co., O. [Ohio]) 186?-1965, 1870-10-21
Republican Economy.

THE published matter which gives the
public most practical satisfaction at pres
ent appears to be the exhibit of the pub
lie debt reduction and of the receipts and
expenditures under Grants Administra-
ton. 1t leaves the exasperated Democ.
racy with scarcely peg on which to
hang charge, for the dependence of the
party has been mainly upon charges of
extravaganza and corruption, To have
all these charges disarmed by a quiet
statement of facts and figures which
there is no way of disproving, is too
much for the temper of the Democracy,
and their newspapers almost gaash their
teeth upon Morton and Colfax for allud-
ing to them in addresses and upon the
departments for furnishing them in off,
cial form. This economy, as we have
heretofore shown, extends to all depart
ments of the government, and while there
has been an increase in the reduction of
the public debt of nearly one hundred
and seventy millions, comparing the first
eighteen months of the present Admins.
tration with the last eighteen of Johnson's,
Congress has reduced the taxes some
$80, 100000 and the appropriations some
$3l 100000 below the estimates. The eff
dciency with which the revenue has been
collected ls illustrated by the difference
in the receipts upon spirits and tobacco.
The increase for the first fifteen months
OF Grants Administration over the last
fifteen of Johnson's was about $31 ,0O0, 900
upon spirits, and about $14,000000 upon
tobacco. Whatever explanation may be
given OF the causes of the large increase
IN receipts and the great decrease in ex-
pendltures, the chief ones, it cannot be
d1qnfnUnn Of
cheney.
A recent official statement from the
Treasury Department shows the receipts
and expenditures of the present Admins
tration for the eighteen months ending
September 1st, as compared with those of
the last eighteen months of the previous
administration. The net increase in re-
ceipts is over $87 900, 600, and the decrease
in expenditures is nearly $685. 600, show
ing a gain over the last Administration of
more than 100000. 1t is interesting
to note the particular accounts upon which
the decrease is made, as the items serve
to show how directly the decrease de-
pends upon the economy of the executive
department. For instance, in the item of
" executive and miscellaneous expenses" !"
there Is decrease of nearly $4,000 900.
In the "expenses of assessing and collect
ing internal revenue" there is decrease
of over $4,000, showing that about
f54,0O0,0OO more internal revenue has
been collected at an expense of nearly
one million less.
The exact increase in the reduction ofthe
public debt is $168I16S. GAS. .93, the previous
Administration having accomplished a re.
duction of only 81 1888, ,46O67 in eighteen
months as against $3.50, ,10960 by the
present Administration. The saving of
interest to the government by this rapid
reduction is very important item in the
decrease of expenditures, the advantage
or decrease in interest over the johnson
Administration being over $17,S0O 900.
The annual interestupon the $160, 600 900
of debt paid off is over $S,745 900, which
may be considered as an annual saving TO
that amount. But the decrease in the
debt, and consequently in interest ex.
penses, is to go ON increasing annually, if
we may Judge by the past. For this de.
crease was nearly as great for the last six