The Plymouth Democrat. (Plymouth, Ind.) 1869-1941, 1870-10-20
How the Radicals Reduce the Debt

Dir. Dawes was one of the first to perc-
trate the mysteries of Radical mathemat
les, bat he found them TO be entirely BE-
You'd the comprehension of an honest,
straightforward man whose arithmeticai
fOuEGstlon was the good old "rule OF
three" Mr. Wells went too far into the
secrets of Radical political economy, and
he was dropped with the readiness OF 81
hot potato, and quietly thrust into sn OBJ
scure position, whence he has not been
permitted TO escape on account OF bis
danger to Radical plans. Mr.. Msraball
has Dombarded the city Of Radical oc0nO-
my, and opened up the frauds, receptions,
public steals, and gigantic monopOlies
which it cOncI aled. Mr. Brooks has mined
the new Notifications which thu Radical
party had thrown around them in the
shape of pretended reduction Of the taxes
and he has found that they were simply
for the protection OF the New England
interests, and for the purpose of making
war upon the prosperity Of the rest OF the
country. One by one have the Radical
fs.llacies been exploded, ard the Radical
sNindles exposed, in such a way that g
reading ana thinking public cannot long
er he deceived
Yet the Radical politicians cling tena-
ciously to their old policy Of hoodwinking
the public, and rely upon bold deception
and brSZen assertions for continued sue
cess. OF such nature is the campaign
made by Vice-President Coiiax in Indi-
ana. This gentleman made speech at
Crown Point, Indiana, In which he de-
clared that the public debt hsd BEEN re-
duced $4,000 Geo under Grants Ad-
minstratiOn. He also attempted to prove,
by s certain srithmeticai process peculiar
10 himself, that the assertion was true.
The statistics of Grants Administration
make different showing. During the
fiscal year of 1853 9, the debt, instead OF
being reduced, was actually increased to
the extent of $50, 100000, although Mr.
Boutwell, Cid attempt to show reduction
by a certain manipulation of figures IL
which the Pscifc Railroad bonds, the &C
crued interest on ali other bonds, and the
CASH IN the treasury We're so arranged as
to give cOlcr 10 tnis claim. Such was not
the tact, however, and even the pretence
was withdrawn when his annual report
was transmitted to Congress, though the
present method Of preparing the monthly
statements of the national debt involves the
same deceptive and reprehensible practice
But, during the fiscal year of 1869. 70, the
debt was reduced $I12, OO0,C0O. In
order to obtain, then, the actual reduction
of the debt under Grants Administration
the Increase of So. 100000 in 1861
must be deducted from the decrease OF
S112, 600 coo IN 1s69-'70. which leaves tht
net payment OF $9sC00,OO0. This tal.ie.
with other mears Of showing the actus
reduction under the present Administra
ton given above.
Now, the question is, did Mr.. Colfaz
understand the subject uDon which h,
endeaTOred To enlighten the Crown
Point peoplef 1t is To be presumed tbs
he did, SID yet such presumption COZ
victs the ice-President OF making {
statement that he knew TO be false HI,
effort was to make capital for his party il
showing that the reduction of the deb
under Grants Administration was create.
than that under JCbnsOn's Administra
ton To this end, he stated that the re
duction under Grant was $162 COO OC0
when he knew, o. Gus ht to have known
that it was only $9..OO0,000. TIE TIM
has about come when the people of TIL
country will demand from the Radio
nathematcisns somewhat EoIe careful
accurate and honest figuring aicag
Times.