The weekly Panola star. [volume] (Panola, Miss.) 1857-1881, 1870-10-01
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II Il The professions BY The Administers
Z economy, the tendsacy everywhere
EsHsminsiy 10 The eshef direction and
drf eoins 10 and lsbosinx with I'll
Snfsmsnis and finally tke President
10 could get no hops Of co opera
ID the reduction Of expenditures
sines these charges were thus made,
proven beyond Ill controversy, the
[djcni leaders. alarmed for the Effect this
|uposufe nsy have upon the Taxpayers,
AVE been ls6orins, and publishing nom
hme 20 time juggling columus Of figures,
b prove that Grants Administration IL q
model Of economy and fidelity. And every
dsy or two the telegraph informs Us that
NJ Colfax or some other leader has ap.
psaled 70 Mr.. Boutwell, 10 set his clerks 10
work 10 get up some new juggle on the
mbject
Il is sometimes said that " figures won't
lle." This Is very true, and the same
nay be said Of words. They are both, In
themselves, very honest and innocent In
sruments, and certainly will not lie. But,
unfortunately, the men who use them do
sometimes lie most villainously, and use
| these innocent instruments for purposes
Of deception and fraud.
hold now in my hands a publication
| made from Washington by the "Union
Republican Congressional Committee
which they facetiously call "a brief, com
prehepsive, and perfectly reliable review
Of the financial measures and policy OF the
Republican Congress and Administration,
since these two branches of the Govern
nient have been brought in harmonious
relations" This perfectly reliable "
document Is certainly a most wonderful
production, and furnishes q remarkable
instance Of the audacity with which some
men can presume upon the ignorance
and gullibility of the people. 1t out
Munchauscns Baron Munchausen 70 far
that that distinguished romancer, If liv..
ing, would not dare to hold up his head
again could he once see this production.
Its misstatements are too glazing to mis-
lead any but the most ignorant. / can
here only notice one or two that are
amusingly absurd. l need not pause to
remark upon the absurd attempt to COM
pare the expenditures Of Grants Admin
istration with the Democratic Admins.
tration Of Andrew Johnson" Mr.. John
son was certainly not in harmony with
his party on the question Of reconstruc.
ton, and on that question they managed
TO get up a very noisy quarrel. But to at
tempt to hold the Democratic party re.
sponsible for the expenditures of his Ad-
ministration Is too preposterous to impose
on the most ignorant ~credulity. The Re-
publican party elected him, in spite of the
opposition Of the Democratic party. He
inherited his Republican Cabinet from
NJ. Lincoln. A Radical Congress bound
him hand and foot, SO that he could not
remove from Office a member Of his Cab.
met, q head of q Bureau, q clerk In the
departments, an assessor, collector, or any
other officer in the government, or ap'
point one Of those officers, without the CO.
operation Of q Radical Senate, A Radi-
cal Congress voted every dollar OF the
public expenditures, and johnson dared
not, at peril Of impeachment, touch one
dollar that was not first appropriated by
law. A Radical Congress is responsible
for every dollar Of these expenditures,
whether great or small. They have had
absolute control of appropriations and
expenditures since the 9Th of March, 1851,
and they cannot shirk the responsibility
therefore, either by Misrepresentation OF
evasion. !,
Here Is a choice morsel from this per
fectly reliable review:
..By means Of the redemption and payment ofths
one hundred and thirty nine millions OF coln-inter'
est. bearing debt, the public sre relieved iorevel
from an annual tax Of the amount OF eight millions
and one-third OF a million Of dollars ($S 1884 45,
2N; which sun was each year required simply pt
pay the 8 per cent. gold interest annually due Oh
the one hundred and thirty-nine millions OF dollars
s.This eight and one-third millions OF annual tax
would, without compromising or discount, have
swelled to an aggregate OF eighty-three millions II
ten yoars, to one hundred and sixty-seven millioni
intwenty years, and two hundred and fifty millions
Of taxation in thirty years"
This Is perfectly splendid. 1t almos
makes ones head swim to see how rapid
ly this sum runs up. But the writer !
entirely too modest. Why did he stop al
40 yearss He could have gone ID for {
thousand Just as easily, and thus In thu
same way have shown that Grants ad
ministration has already saved to tn
American people eight thousand million
dollars, more money, in fact, than there !
on the entire globe.
/ am tempted to give one other speci
men before passing from this amusing doc
ument Here it ia:
blythe foregoing, among other facts, will ap
pear the following:
INDUCTION OF ANNUAr INTEREST.
Annual saving ofinterest upon principal
of public debt paid, bout......,... $s,500,0O
Reminding at lower rate, conse quent up- go a.
on improved credit....... ......... So,ooV'oV
Interest on 8 per cent. certificates TO be
paid under currency act.............. l,ao2,oO
-------
Total annual saving OF Interest. !. $50, 800 90
when the new series OF bonds shall DO negotiated
a