The Democratic press. [volume] (Ravenna, O. [Ohio]) 1868-1901, 1870-01-13

we learn, for the first time, how much
money the war really cost the coun-
try. His statement may be thus sum-
med up:
Total expenditure by Government
on account OF war. 81, III 914 AS
Value of pensions cepitalized------ 2JOUo,OU
State expenditures, etc-...-.-.-.--. 900HOOOOV
Increase Of State debts resulting 3 4sza
Estimated loss to loyal states 1900 0Oo,oOo
Estimated expenditures and losses
of Confederate States 2,T00 O0O,O00
Making an aggregate of S9,000000,-
00O as the entire cost of the war-one
that will, doubtless, be startling to
many readers especially as the. entire
increase of property (S9,2I6, 49, ,3721
in the country, from 1860 to 1869, does
not cover it more than some S200,000,-
900, more or less.
The Report gives the entire number
of immigrants reaching this coun-
try during the fourteen years from
1856 to 1869, inclusive; at 2,9IS,213, of
whom 7S,S17 were Chinese. 1t also
shows that the annual growth of pop
ulation through the country, by natu-
raj increase of births over deaths and
by immigration, amounts to 100000.
The value of real andpersonal prop
erty now in the United States, as COM
pared with 1860, at 81, 400, 900, 700
against $l4, ,1S3, ,215,62S. Calculating
the population at 100000, he esti-
mates the present average property to
each inhabitant at 5000 in currency, to
S45l in gold in 1861. In this the Com
missioner explodes the popular idea
that we have been rapidly increasing
in wealth in the midst of the desola-
tions of war. sEr
Some of the gross annual values of
the leading products are give in the
Report as follows: For agriculture,
So, ,282, 2,950,0O0;- for cotton manufac-
lures, 7l,500,000; for woolens, $685.
100000; for iron, pig and bar, manu-
factures, $119, $50 600; for leather man
ufactnres, 1922 goo, 600 !; for railway
service, S360,0000O0; and sSl00000,-
for fisheries. The aggregate of these
amounts to 81, ,223,O0O,OO0. But as the
entire value of the products of the
country is estimated at st, 1926, 600, 900,
there are other industrises not includ-
ed, rated at $2,0O0,O00O00.
For a number of the Northern States
the Commissioner presents exhibits
which are significant of an unlocked
for decrease of general wealth. For
instance, in Massachusetts, that beau
idal of Radicalism, the value of real
and personal property, subject to tax
alton, shows a real decrease in the last
eight years, of $126 for each poll.
/ He also shows that there are not as
many houses in the State as there
were nine years ago. In 1861, there
were 157 polls for every 100 houses,
while in 1868, there were 166 polls for
every 100; and from this he in
fers that nine polls, or, possibly, heads
Of. families in ecery hundred haze been
croaoded out Of houses-deprired By
industrial causes Of that degree of an
dependence and comfort aoAicb Is
SnUolUed In the maintenance Of a
separate household" He sums up
that in Massachusetts, " whatever the
condition of the rich may be, the poor
er part of the community have Ger.
tainly grown poorer" And this ex.
hibit is said to be "the more noticea,
BILE because Massachusetts is pre-emi.
, nently State dependent upon manu-,
factures, and it would fairly be sup,
posed that its prosperity might be Sc,
cured, if that of any State could, by
:. the high degree of projections afforded
to its industry by the existing tariff. -
The conclusion arrived at by. the
Commissioner in reference to, Massa
q chusetts, that, whatever the condi
ton of the rich may be, the poorer
/ part of the community have certainly
grown poorer, " will apply with eqHa
:, truth to other States. It is the direc
and natural result of the financial pol
icy of the Government by which 3rh'
. people are turned over to the tende
mercies of the privileged orders o
} bondholders, bankers and New Eng
: land manufacturers. afvo
: But to return to the Report: ! I
2 shows that, of thesix States of Rhod
t Island, Connecticut. Ohio, Indiana
: Pennsylvania and New York, there i
e only one, Rhode Island, an aohich thea.
: has been an actual Increase of taca6l
property IN The eight gears from 1856
to 1868. In the other States, the in
! crease in the taxes collected from th
: populations has been in direct proper
: tionto the decrease of wealth. Anon
:, Mr.. Wells explanations of this-th
!, most prominent are, the depresse
: condition of the foreign trade the in
dustrial demoralizationw which has con
verted thousands, who were engage
: in productive pursuits, into trader
. brokers and spectators the injur
Gus effects of unsettled currency, an
! an unequal taxation upon the produt
] ing classes. .fss,z ii fr,s5
d New Hampshire Democratic Conventiol
= The Democrats of New Hampshil
> held their State Convention at Coz
le cord on the 9Th inst. General job
IS Bedell was renominated for Governo
+ and General NJ. L. Donahoe for. Raj
road Commissi oner., .f.5.. .s,t,..,,fr
:. The resolutions express. abidir
= = faith in the principles of the part
: and opposition to Capitalization !; d
: nounces the action of Congress in i
: lation to Georgia; exaets honesty al
= fidelity in Government officials d