New-York tribune., 1870-09-12

nj nrces as compared with the - 25 each IN gOiu
tbc % cst az of oDT last Democratic Adminstraton Other
deductions might properly have been made s1en @ & Ne
and ban vcars saary Of the nine Circuit Judges,
rendered in the opinion OF all parties by he
vast increase supreme Court business $4,000 for the
shin Canal survey Tehuantepec, S55CO for legacy
from the last Administration of the Corlies cihn'
SlOOoo0 expenses OF the secretary OF treasury 1 wv
Tending suits relative TO seizures of Abandoned
property, cotton &c; million and quarter 10, 10,
STRENGTHENING our permanent toruhcatiOns at te ust
imp0r,ant poutshe increase in Indian appropriations
two to three millions 70 six, from the consantS Ia
creang pressure Of the settlements and the ansoue ne
Cessy OF feeding or fighting the destitute WnOse lut
inggrounds have been destroyed by railroads OF
peuses, from the 1000 miles of frontier and Srehte p
iation IL has TO protect, and the increase IN Ihe pay VI
the soldier since 1864, TO SIC per month win t
ate increase in pay Of officers, due 70 ine % h
living am gad aSwSSeG auS soldiers si now going on
by law will reduce oar army expenses so''0 i'u' ~
have moi made these latter deductions in the CONTRAST
have drawn of the expenses OF the wv"
bu, adding these could justly be done TO the others
would reduce TIE national eAP9ns&e & piopeby b N T
about Il 50 in gold for our 40@oOo of peoples as com
acd i'm the - 2 each IN gold IN far cheaper tmes OF
me last administration the Democratic party favored
This pSton with doubt whether the people VIII rhsh
- mir arms tlis Fa or embrace their candidates.
seek their ship OF State IN such maven ol Demo
iheTe not been able to obtain the aggregate amount
Of temperatures OF the Democpcyrulod city OF New
York or later fiscal year than le6 But, Ia that year
Including pay Of officers police Interest on debt, ard
state taxes hut wi hOut any Army or Navy Pension
fF was y @ o 2S Hos oac S2i oS 600 trust il these
chiefs obtain power, they will not expect TO
proporton il costs them to govern 100000 New York
City, which would aggregate SPGe000 per year bu., &
they can expect Tie people TO credit Their pledges OF re-
ucnchmcut and reform they should give us SVno ee ti
mems u it. workings inthat Overwhelmingly Demooi"'i'
city of theirs
CE,Nr's ADMINISTRATION COMPARED WITH JoHNsoSs.
When Mr Dawes left Washington last March TO speak
in NayrHampshire President Grant said TO him: "Tel
the people OF New-HampShiro that during my admins
traton there shall De 10 ascending scale Of public eX-
pond rc, lint wherever and whenever the closest scr
tins shall disclose the possibility of cutting of dollar
~ -ull ne done" Let the following figures of Govern
Inen expenses show this pledge also has been re
Deemed For c fiscal wear endus june so, Presi-
dent Johusou's last iU year, $ 100000 For the year
lnoith, Grant, >al O0OCC0. For the year ending June
80 1910 Gl Grants, Slg2coOO. All these include inter
ing June De- l.Il, al 100000 Add interest ON reduced
debit whic last year was S2s0t09oO, but will not now
SioOoNC.) less Cham Jolu.ou's lat fun year.
This IetIcncnmeut can rn shown even more Clearly hy
ueuj: Total tuTe~. not including interest Ior Is
months, ioia pts nbor ! 49, TO liarcH !, I91y (J0n,
1870 l.t'l -92G29 Decrease 0 expenditures, $'2-
gU NurIe JUhuson's last months he paid OF ntef-
e~t on d. 't'.ae6; during Grant inst Is months nc
Sg,.-5l 4 ,il deere sc in IS months. siC),o556I.
TIE NATIONAL DEBT.
Om uite7nost good flti-to quote these striking
,goius-Wa. to be m1iutaucd all plans Of reputation,
direct c indirect to be frowned upon, and the rate of
interest to De reduced whenever 1t could he honestly
brought aiOut. These were pledges to thedebt
and noh'v have they been redeemed To every aapeal
for pOpUluys sake, to every proposition that was not
marked hy me most scrupOus integrity, 70 all plans for
cycrv device for saving money in other way than
through an honest straightforward Improvement OF our
credit uqy ing of bonds at their market prce-the
pIatcallr No one act Of national bad faih 10 single
tjeu domestic war shOuld again come, We Would
tho nation. To borrow money to put armies quickly in
thr cd 90 maintain national existence to repe lnya-
toi lt h Irtiora' arm shall not he weakened by any
iuarqc q that creditby the slightest stain on our
TAXING I. s. BONDS.
know the strength Of the Democratic cry here in the
West Tax tnc Bonds" but 1 have never hesatcd in
exposing raacy. We cannot do IT, First: Because
We promised not TO DO il when borrowed the money
aud could not have obtained the money if we had not
pr'nse4, and the promise is as sacred as the debt
N,tHdy: Because TIC Supreme Court has decided five
.ra TO ClicI.tcc Chase tina; they not taxable 10y
STATE. OF Cities the obvious reason that, they were
ha.ioatrr dollar in that s.ate by unjust Taxation
unng fac nauon even for money TO save is me- Si ~
md .eai. r. yd =: because tnc exemption from taxa
Itia9 o vlirh we borrowed and was needed to oifSc
I.. I4rgla OF losing all by rebel victory, or Inc neon
ing OF come hostile party hating the debt and It's object
N-r1 VI, bee. 0.rlocr.tic Presidents, and Democratic
C,.er.l-p4 and Democratic bonds in past history
u,t "a r cc bond ever issued under President Madison
Tor ,hC varo 1872, under Polt for the MGxican war, q
under buchanan for tho expenses OF his DenOcIauG 40
ton vs. ever tt1e OF lOloSeuP % 10 DC .SeG S ~
tt ~ l,, iJf "a I3ln f@ nav il OF was nCvCl
dreamed Of Demo ocIatic by any OF Them II II c0ulC
be taxed oLt per cent il could he six per cent and thu
rendered worthless. Ii is indeed new way 10 pay oi'
a,ttlerond. ore taxed for national purposes exactly
a. nfb,i plt rf, is taxed II has 100000 in
vested iu fis and another similar sum N BONDS, th
tie boud. Ea. De- take. the income from each at pre-
ci,v m. same rcr cont When the United States bull
state agreed tlat she would never tax IT, and why Re
c.i.e tlo inc rest, of the Nation required ~ should b
done. Tho Government could not be required TO pay
sttS coid 0f fax ne ere tit the borrowing power th
obligations Of the GoF,Trmeut ant WHY Bccause IN
Interests Of lie nation. IT, ful yigOr Of IT'S credit ana t
narrowing power its .eGeicEse its national lite, re
qtlcd that ts obligations should never be subject t
ne cgpeiO~ iumical legislation, or even tie neces
s.s of states. amt ttat 70 should have this exemption
i.aebt- ,,uC.- aLcI"tri.
EEpUDIATION.
While We denounced in national platform every
ploo,itioa thai savoIcl oi rcpudiaon direct inJi
rect We declared ss' a. already stated, that the rate o
iutrrC, On oar dt should be reduced whenever il soull
be honest is douc But for the constant denundation o.
the bonds auj houdho6ers-thc threats ny many Of ou
down 10 what we received for them in hours
cIue1 -cur. vn Democratic National Conventions were
r.so.lir. thlt ttc war was failure, and Democratic
ua iol leaders predicting that our currency anC
uu4 p,iUN "",,u otH ' , 10Y ~, W ~ - Gnu Gnu t-'
other rcat- that iht should be heavily taxed or wipe'
ont with spougt-tpugIc~s could long since have
funded our debt 40 lowcr rate Of interest, and thu
hecu enabled largely e. reduce s burdens on the people
But with p.Mclli wrly sttngE.nS 10 lof = national as
our credit improved more slowly than 10 We could hay,
shown sited people, jealous Of our national homo
Tr,tain o l rarlI. I re irI 10 their debt And thus
since the during the war, our opponents hav'
proved themselves terribly expensive organization Il
Lost may De charged with stating this point too
...rln sfF he ff. al