Rutland weekly herald. [volume] (Rutland, Vt.) 1859-1877, 1870-08-18

OF either the PRESIDENT or OF Congress,
much has been achieved; enough, at any
rate, to satisfy them that the difficult
problems will be wrought out, and the
hoped for results accomplished.
Gen. Grant came into Office pledged to
maintain inviolate the public faith, re-
duce the national debt, diminish taxation,
appreciate the currency, reform abuses in
the civil and military service, aud main
tain order in the States lately in rebellion.
By the combined action of the President,
the heads of departments, Congress and
the General Of the Army, many abuses
have been corrected, and many reforms
inaugurated. President Grants Indian
policy is bringing forth evidences of its
Justice, its humanity and its wisdom.
The firm, just and generous policy of the
administration toward the States lately in
rebellion, has brought much of order and
security, and crimes have largely dimin-
ished. In the interests of economy the
services Of thousands of employees, both
civil and military, have been dispensed
with. The currency has been appreciat-
ed in value by tens and scores of millions
of dollars, and the national credit has
been largely strengthened.
Without any increase in the articles
subject to taxation, or In the rate OF taxa
ton, the revenues of the fiscal year end
ing 30th of June, 1870, were nearly four
hundred and nine millions OF dollars,
against less than three hundred and seven
ty-one millions for the year ending 3Oth
| of Jnne, 1869, showing a gain 81 nearly
thirty-eight millions of dollars On the
other hand, the expenses OF the fiscal
wear 1870 were less than those Of 1869 by
more than twenty-nine millions OF dol
| lars. thus showing an increased revenue
and saving in expenditures of more than
sixtv-seven millions of dollars in the first
fiscal wear of Gen. Grants administration.
In the last sixteen months of Mr.. John
sons administration, the receipts from
customs and internal revenue were less
| than three hundred and seventy-two mil
| lions of dollars. During the first sixteen
months of Gen. Grants administration,
thew were more than four hundred and
sixty-nine millions, showing an increase
of nearly ninety-seven millions of dollars
Republicans will remember that during
the last two wears of Mr.. Johnson's ad-
ministration he removed Republicans ap-
pointed by Mr.. Lincoln and others who
adhered to the principles of the Repub-
lican party, and appointed - moo moo" as 80
| where be could do so. Tho chafao,tr OF
49, o1r,o;n+,no..ts and the dsInoralizing
in4sende which his opinions and conduct
| had upon them were seen in the lass of
scores of millions of dollars OF revenue in
these wears. The large gain il -. e lee
ton is mainly due to the dettr'"inea and
ayowed purpose of Gen. Grant 10 secure
an honest administration of the revenue
laws and the appointment or Republicans
| to Office earnestly devoted to his economi-
cal policy.
During the recent session of Congress
taxes have been reduced more than $75,-
100000 The taxes have been removed
from transportation by canals and rail
WAYS, from sales by dealers and manufac
turers. The income tax has been reduced
to d per cent. on all incomes above 81
900; and it is to expire at the end of two
| years. The tax on tea has beeA reduced
from % to IS cents per pound; on coffee
from to 3 cents; and the tax on sugar
and molasses has been reduced in the ag-
gregate $12,000,000 per annum. By this
reduction of taxation the industries OF the
people and thenecessaries of life have been
relieved of burdens amounting to mil
lions. The Funding bill is an important
financial measure, which contemplates the
saving of interest upon the public debt
by the exchange of outstanding six per
cent. bonds for those of lower rate of
interest, to the amount of twenty-six mil
lions and half year. While reduc-
ton in taxes transfers the burden OF the
debt from one year to another, from one
genera ton to another, 8 reduction in the
rate of interest is an actual saving to the
country, not only for the present gener-
alton, but for all time. And yet these
important and benefcient financial meas
ures, intended to Tighten the public burd-
ems, received little countenance and sup
port from the Democratic party, whose
responsibilities for the war, its losses, its
expenditures, it's debts, and its tarati"'>
Not faultless, but high, noble and glo-
rious is the record of the Republican
party. History will note it, and the
world will gratefully remember it In
the light of this brief review of its
achievements for patriotism, liberty, JUS
tice and humanity, should not Repubi-
cans, one and all, cling to their organiza-
ton, rectify its mistakes, correct its errors
and keep it true to its past traditions, and
in harmony with the enlightened and pro-
gressive spirit of the age? So doing, may
they not perpetuate their power until
their benefioent principles shall become
the accepted policy OF the nation
HENRY WILSON,
Chairman Congressional Rep. C9m.
James II. Platt, Secretary.
INDIAN AFFAIRS. - Recent advices
from Red Lake, Mimi, says that war
| party of thirty Indians, comprising the
best warriors of the tribe, were about to
leave on an expedition to find some
Sioux. Bad Boy, one Of the warriors,
promises not to trouble peaceable Sioux,
but if they encounter hostile Sioux they
shall fight. The Superintendent says they
must be discouraged from their hunt,
especially during the existing troubles in