Delaware gazette. [volume] (Delaware, Ohio) 1855-1886, 1870-12-09

the present year for the same items
S. 972, ,127 56. In this estimate, how
ever is included S22, 33S ,27S 81 for pub
lie works heret ofOre begun under Con-
greSsional provision, and of which only
so much is asked as Congress may
the same works for the present fiscal
year was SI1, 9S4, SIS OS.
GOLD AND rAxEs-sPECIE
PAYMENT.
The average value, of gold as COM
pared with the national currency for
the whole of the year 1869 was about
l34. and for eleven months of 1870 the
same relative value has been about
1l5. The approach to specie basis is
very gratifying, but the fact can not be
denied that the instability of the value
of our currency is prejudieial to our
| pros peTity, and tends to keep up prices
to the detriment of trade. The evils
/ of deprecated and ductuating cur
rency are so great that now, when the
/ premium on gold has fallen so much,
/ 1t would seem that the time has ar
rived when by wise.and prudent Iegis-
lation Congress should look to a policy
which would place our currency at par
with gold at no distant dav. The rev.
enue collected from the people has been
reduced more than so million dollars
per anDum. BY steadiness in our pres
/ "
few short years, the national tax gath
erer may not disappear from the door
/ OF the citizen almost entirely. With
the revene stamps dispensed by the
! POstmaSterS in every community, a
/ tax upon liquors of all SORTS, and to-
bacco in all its forms, and by wise
/ adjustment of the tariff, which Will
put duty only upon those articles
which one could dispense with, known
as luXuries, and on those which we use
more OF than we produce, revenue
! enough may be raised, after few
| years of peace, and consequent reduc-
| tiOn of indebtedness, to fulfill all Oul
obligations. a further reduction of tX-
] psaGe, In addition to t7etfetfoI4- of In
! terest account, may be relied on &c
make this. Practical revenue reform
if it means this, has my hearty sup
! port. If it implies q collection of al
the revenue for the support of the
government. for the payment of the
principal and interest of the public
debt, pensions. DC, by directly taxing
the people, then / am against revenue
reform and confidently believe tht
people are with me. Ii it means {
failure to provide the necessary meani
to defray all the expenses OF the gov
ernment, and thereby repudiation o
the public debt and pensions, then
am still more opposed to such kind o
revenue reform. 1t has not been de
| hned by any OF Its advocates, to m1
knowledge. bui seems o be accepted
as someth sng which is to supply every
mans wants without any cost or effor
on his part. A true revenue reform
J can not be made in a day, bur must b.
) the work of national legislation ant
. of time As soon as the revenue cal
be dispensed with all duty should b
removed from coffee, tea and other al
ticles of universal use not produced b,
ourselves. The necessities of th
country compel us to collect revenu
from our imports. An army of Asses
sors and Collectors is not a pleasan
Z sight to the citizens, but that, or
tariff for revenue, is necessary. Sue
tariff, so far as it acts in encourage
ment to home products, affords EN-
ploYment to labor at living wages, i
contrast to the pauper labor of the OIL
World, and also in the development G
home resources.