Dodgeville chronicle. [volume] (Dodgeville, Wis.) 1862-current, 1870-03-04
The Work of the Administration.

Turn eacerness with which the Demo
cratic nress has made the speech OF MI.
Dawes the text of a formal arrangement
of tbe administration, render it OF the
highest importance that the recent expen-
ditures of the Government be clearly and
frankly stated. General Grant was elect
ed upon platform of national economy
and the Republican party stands lrrevo-
cably committed to that policy. II the
expenditures of the last nine months are
found to be in accordance with such a
policy, the administration stands vindi-
Gated, if otherwise, it has betrayed sol
emn and most important trust. The vital
question upon which the administration
is to be judged, is not what are the estl-
mates for the future, but what are the
expenditures of the past? The answer is
in comparison of the expenditures OF
the past two fiscal quarters of 1869, with
those.of the corresponding period in 1868
Fortunately, for the truth, it happens just
at time when the economy OF the ad
mipistration is being called into most
serious question, that the records OF tne
second fiscal quarter of 1869 are SO .ar
complete that they can be taken into the
account. The question of the people to
the administration is what it does with
the money. Here is the answer:
The aggregate expenditures, exclusive
OF interest on public debt, Tor the nrst
quarter of the fiscal year 1868, ending 900 o,c
Sept 30, 1868, under johnson, were. S6o, 100
Gra .ne t ia' ware ~ i'' So O95
Reduction In 1869. a.. ISL
The aggregate expenditure, exclusive i've
second quarter OF the fiscal year 1868,
we're NV ~ .''' - SAG, OS9 4s5
or Gra sns tbeY euaf.el ~ io &C. 1853 9a5
Reduction in 1869. ......... s9,325, 4s2
The total interest on public debt for the
first half of fiscal year, 1862 from Jul, o1, "a,
pd 10 R Sc. 81 !ba dSoS 81 tSs cnrr.n fiscal
was ............... 6a,951, $3.50
Reduction in 1869 ..s s., O19, TAT
The total reduction Of expenditures,
therefore, was for the first half of Grants
first fiscal year, as compared with the first
half of Johnson's last fiscal year, as fol-
lows:
In first quarter. ......$15 919, DOL
In second quarter S9fo 81
Total net reduction for the first half of
Grants first fiscal year. ............$ 27,2o4,79o
This then is the record of expenditures
But if it shall appear that through lnetfi-
cient administration of the laws, the re-
sources of the country have been decreas-
ed, if, in other words, the administration
has lost as much in shrunken receipts as
it 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 to still further
brighten 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 gains from customs, July /, to Dec.
" 1863. 4,JO0,UO0
Net gain from internal revenue, same
ume ..............- lb,UU,UOU
Net gain from miscellaneous sources. 2,S72,000
Net gain in receipts S23, S72 900
Net reduction OF expenditures. .... :. 27,264 100
fetal gain for first half of Grants first
year. pol, 100, iJU
These, therefore, are the figures upon
whose logic the success or failure of Pres
ident Grant thus far depends. That such
q record will effectually clear away what
ever doubts or suspicion may have been
raised by the speech of Mr.. Dawes, the
most determined enemy of the admins
tratOu mret admit -(U,reznnG T,n6ar