Perrysburg journal. (Perrysburg, Wood Co., O. [Ohio]) 186?-1965, 1870-03-04


THK eaeerness with which the Demo
cratic press has made the speech OF Mr..
Dawes the text of q formal arraignment
of the Standardization, render II of the
-hiahest importance that tho recent expen.
ditures Of the Government be clearly and
frankly stated. General Grant was elect.
ed up0n platform Of national economy,
and the Republican party stands irrevo-
cably committed 10 that policy II the
expenditures Of the last nine months are
found % be in accordance with such
policy, the administration stands vindi,
Gated, if othetwise, it has betrayed POI,
emn and most Important trust, The yitai
question upon which the administration
is TO be judged, Is not what are the esti-
mates for the future, but what are tne
expenditures OF the pastS The answer rs
In comparison Of the expenditures OF
the past two fiscal quarters of 1860, with
those.of the corresponding period In 1868.
Fortunately, for the truth, Il happens Just
at tir1o when the economy OF the ad.
ministration Is being called into most
serious question, that the records OF The
second fiscal quarter OF 1869 are so iar
complete thatt they can be taken into uo
account. The question Of the people 70
the administration is what II does with
the money Hero is the answers
Tho aggregate expenditures, exclusive s
of inter0st on p1biic debt, for the frst
quarter Of the necal year 1858, ending ,.o GO
Sept So 1855 under johnson, were. goo, O90ot
For the ssne quarter 10 1909, u1der :. ..o. -.
Grant, they were........,Y..v .v,i'f." oV,q"'Ve0
Reduction IN 1907 :. !. si5oiO,Soi
The aggregate expendhures, exclusive
of interest on the public debt, for tho,
second quarter u the fiscal year 1893,
ending Dec 81, 1858, under Johnsor, - -,
For the t.me a,iafier IN 1899. under
GRANT, s thsy SS wSto S~a,. .'o', u so7Oseo
Reduction ia 1853. .,,,.,,........, S5saS,lsi
The total intercst unlpublio debt forkbe
/, to DEE Dec 81, issS wa wss. .'. @V.I ,ia
For the fiscal lhalf Of the current fiscal
year, from July a 20 Dec. 81, 1889, :. 49,, 40,
was..s..ya a.ss,...........,......,.,.. OA'ol5S
Redue,Jop,o IN rscp .i................ sa,OfO,74'
The total reduction OF expenditures,
therefore. was for the first half of Grants
first fiscal year, as compared with the first
half Of Johnsoiis last fiscal year, as fol-
lows ,4ns ~ a-t ~ r.
In first tquarter., .sss ..s.s.s...
ON public debt In both quarters. SOia,7ai
TOts! ne, rsductoagct the nr.t half Of al, ,oc
This then is tie.record OF expenditures
But il it shall appear that through ineifi'
cient administration of the laws, the re-
sources of Tho country have been dccrcas.
cd, II, in other words, the administration
has lost as much in shrunken receipts as
II has gained by economy in outlay, the
result Is still short of what the country
has right to expect In this respect
however, the figures tend 10 still further
brighton the record of the past halt year
Although the returns Of this department
are not yet absolutely complete, they are
so nearly finished that the aggregates civ
en- below are perfectly safe:
Net galusfron customs July l, to Dec.
l, lSdV.. 4VuO,Uu'
time. t0,OO0,OOC
Net gain nom miscellaneous sources. ASH, ,00t
Net gain IN receipts sa3 3sT9 OOC
Net reduction OF expenditures, =. 21s6i, ,tOI
Total gain for fret half OF Grants first
year,..a. 100 tW
These, therefore, are the figures upon
whose logic The success or failure of Pres
ident Grant thus far depends That sucl
record viii elreetually clear away what
ever doubts or suspicion may have beer
raised by the speech of Mr.. Dawes, Tho
most determined enemy of the admins
tration must admit.-Olepo,dnd Leader.