Fayette County herald. [volume] (Washington [Washington Court House], Fayette County, O. [Ohio]) 1860-1???, 1870-08-04

2 pay OF the national debt FRS
, by economy second, by reducin
the expenses--and we have reduce
. them, as compared witt johnson
administration, over fifty million
, Of dollars. They hyae been cur
tailed here and they have been cur
tailed there aud in the other place
and the expenses Of the Govern
ment have been greatly reduced e.
Well, we have made large amour
there, Then we have made a large
amount IN another way, and that is
by the honest collection Of the rev
enue. And ! wish to show YOU 6
statement | obtained from the sec
retary Of the Treasury since | re
turned home, only three or foul
days ago / saw Mr. Boutwell, the
day / started, and | told linn that
wanted lin to send me a Statement
very soon.of the exact amount tha
he'd been gained in the way Of tht
honest collection Of the reyenu,
since Grants administration came
into power,as compared with John
sons, and he said he would have
the statement compiled and send ii
to me, and ! have it here:
II have the honor to state that
there has been an increase of 1872.
006.75j in the internal receipts
during the first sixteen months of
President Grants administration,
as compared with the last sixteen
months of Johnson's administra-
ton"
There you have it. On the same
taxation, even with less taxation.
because under JOhnsons admins
traIion, the tax on whisky was two
dollars a gallon, but under Grants
administration it is put at eighty
ccnts,as compared with the last six.
en- months of johnson, and the
first sixteen months Of Grant, are
substantially the same; though less
taxation, we have gained over thir-
ty-two MILLIONS ofrevenue. Again,
land an increase of Sl9, ,406, 953 in
custom duties" That is from the
tariff for the same period OH the
same rate Of duties, simply by hon
est collections, making in he ag-
gregate a gain Of S5l,4I3,70S just
resulting from honest collections
during the first sixteen months OF
Grant as compared with the last six :
teen months OF Johnson's Demo
cratic administration. Now, wi ell
we add this to what we have gain
ed in the way of economy by re-
ducing the expenditures, you will
understand how we are to reduce
the taxation $S0,000,O09 BY one
single blow.
But Mr.. Boutwell, goes on to say,
"the decrease Of the public debt for
the last sixteen months is Sl39,-
104, $50 81" That is. since Grant
came into power, up to the 9TH day
of July, nearly one hundred and
forty millions of the public debt
has been paid off, and ] got a dis
patch showing that by tonight the
public debt will have been reduced
over one hundred and fortg-six mil
lions of dollars since Grant came
into power. During the last six
teen months of johnson being in
power, only about eight millions
were paid off, as am advised, Ger
tainly less than nine millions. At
this rate, the public debt will be
paid off in less than fifteen years.
1t is true you have. all been ground
down by ta> n ion, you have all
been perishing, you are all poor,
badly dressed, half starved, as YOU
all know. Laughter But we
have paid OF over one hundred
and forty millions ofthis debt since
Gen. Grant came into power, Why
here is another great result; is i'll
not better to pay off the debt in this
way than to attempt TO swindle thPI
creditors out of it by issuing ire
deemable paper money for the
whole amount for them to lose it.
and for the people to lose the cur
rency, and nobody gain but the
swindlers, and the spectators, and
the shavers
/ say in the presence of these
great results, all Democratic argu-
nents fall, they come to nothing, |
md what has been done in the past
sixteen months will be increased in
he next sixteen months. The al
ninistration is getting better from
nonth TO month and VIII get better
rom year to year. The machinery
$ only fairly in operation now
Why General Grant has been work
ng hard, but he has not got quite
Ill of Johnson's officials out vet.
Laughter He is doing the best
le can, poor man, and he will have
II Of them out by and by, except
hose that are faithful. The faith
Ill men are retained and we have
aimed in these short sixteen
months, by honest collections, near
Y S52,00o,0OO; we have saved a
asst sum by economy; we have
cen able to pay off $40, 100000 of
ebt, and we have been able to re-
u G the taxation SS0,000,O00.
Is not this q grand success ?-i
Why, my friends, in the presence
ia great success of this kind all
hcsa complaints about Grant fall
D the ground. Now, whether
rant likes TO be at Long Branch