Perrysburg journal. (Perrysburg, Wood Co., O. [Ohio]) 186?-1965, 1870-09-30


penses Of TIE two administrations, because
I wished to include in that only the In |
disputable; but adding these, as could |
Justly be done, TO the others, 1t would re.
cuce the national expenses. properly
chargeable TO the present administration,
to S175 each in paper, or about $3.50 In
cold, for our forty millions Of people, as
Compared with the $2.25 each In gold, in
| far cheaper times, of the last administra-
tion the Democratic party favored this
nation with. l doubt whether the peo-
pie will rush to their arms this fall, or
embrace their candidates, OF seek to moor
their ship of State in such haven Of
Democratic reforml
have not been able to obtain the ag-
gregate amount of expenditures of the
Democracy-r ruled city of New York for a
| later fiscal year than 1867. But, in that
year, the cost of governing the one million
| Of people in that city, including pay of
| officers, police, interest on debt, and State
taxes, but iojthoW any army or nary, or
pension list, or Indians Except the Tam
many chiefs) to provide for, was $780,
| 296 not quite twenty-four millions of dol
lars. trust, If these chiefs are ever TO
obtain power, they will not expect to pay
ont, for governing forty millions of people,
at the same PROPORTION it costs them to
| govern one million in New York city,
which would aggregate nine hundred and
| sixty millions per year. But, without
charging that they would, submit that
before they can expect the people to credit
their pledges of retrenchment and reform,
they should give us some specimens of its
working in that Overwhelmingly Demo
cratic city of theirs.
When Mr.. Dawes left Washington last
March to speak IN New Hampshire,
President Grant said to him, "Tell the
people of New Hampshire thst, during
my administration, there shall be no as
cending scale of public expenditures, but
wherever and whenever the closest
scrutiny shall disclose the possibility of
eating off dollar it shall be DONE" Our
President, though maligned by those OPP
posed to you, and by those who did not
love him through the war, and do not love
lin yet, when elevated by great people
to chief msgistrscy of the nation, has
redeemed that pledge to the letter. Let
the following figures of government ex-
penses show how it has been done. For
the.fiscal year ending June 30, 1868, (Presi-
dent Johnson's last full year. $377, 600, 900.
For the year ending June 30 1869, (eight
months johnson and four months GTant),
1891 100000. For the year ending June
30, 1870, (all Grants), $s92,000,000. All
these include interest on the public debt.
Appropriations for year ending June 80,
1871, $159, 100000. Add interest ON re-
duced debt, which last year was $685.
100000, but will not now reach $11S, ,000,-
000 for the year. Total $276 100000, or
one hundred millions less than Johnson 8
last full year.
This retrenchment can be shown even
more clearly by the following official dg-
ures from the Treasury Department: Do-
tai expenditures, not including interest
1, 1869 (Johnson's) $328. 765 $50; from
March 1, 1869, 10 Sept. /, 1870 (Grantsl
$245 9l2,629. Decrease Of expenditures,
3S2,s53,060. During Johnson's last Is
D months, he paid OF interest on our debt
3 $211 ,221, ,916. During Grants first Is
. months, ne paid of interest $193 421, 155
! Reduction Of Interest, SIT S00561, Tots,
decrease in IS months, $l00,653,62l.
D
y While we denounced, in our nations,
} platform, every proposition that ssvored
Q of reputation, direct or indirect, we de
! clsred also, as already stated, that the
5 rate of interest on our debt should be re
: duced whenever it could be honorahly
i done. But for the constant denunciatior
e of the bonds and bondholders the threat:
!, by many of our leading opponents thai
our obligations should be scaled down tc
: what we received for them in our hours
7 of emergency, when Democratic Nation
7 al Conventions were resolving that ths
war was failure and Democratic nation
4 al leaders were predicting that our cur
: rency and our bonds would both become
: equally worthless, and the other threats
that they should be heavily taxed or wiped
: out with sponge, Congress could long
: since have funded our debt at Lower
q rate of interest, and thus been enabled
: largely to reduce its burdens on the peo
d pie. But with a powerful party, strug
I Cling for national sscendency, and witt
!, such declarations in their mouths, oul
S credit improved moro slowly than if VIZ
: could have shown united people, a
s Jealous of cur national honor and our ns
n tional obligations as are all the people o
Great Britain, of sll parties, in regard Il
o their debt. And thus, since the war, al
during the war, our opponents have
8 proved themselves a terribly expensive
d organization TO the nation.
: Lest may be charged with stating thi
D point too strongly, Iquote, as one OF tht
9 many proofs of its correctness that conlC
/ be given, the following editorial remark
. of the Cincinnati Enquirer, the leading
$ organ of the Democratic party of Ohio
| anu, lntACSilg Va tAAO AWSoby P4 4lAeSN
s only last June:
: {" The Democracy OF Ohio are now divided, an,
r only divided upon the point whether any poruo
r OF The debt should be paid at all. large an
perhaps a controlling section Of the party, her
c and in tie West, are for open aud undisgused re
i pudiaLion Another division adheres to the oil
U worth what they were when the debt was taker
e The diversity OF sentiment was such that IL wa
not thought advisable to make any distinct decia
# alton at this time"
q And this paper did not misrepresen
i, the feelings of a large portion of tn
II Ohio Democracy. quote further tn
e following resolution adopted unanimousl,
e in the same month of this very year b
). the Mercer County, Ohio, Democrat
v Convention:
!, 'ResolUed That the so-caDed war debt is
Il Il fraud and swindle, and was created under falls
pretences and in violation of the constitutions; "
IF are, therefore, uncompromisngly in favor OF II
&c pudiating the whole OF the bonded war debt
)" II
II The platform of 1868 pledged the RI
2 publican organization to q "radical reforI
of the shameful corruptions" of the las
n administration, and that taxation shoul
y be equalized and reduced as rapidlyas as tn
l. national faith would permit This was n
s. idle pledge on which to obtain power, bu
T. has been redeemed to the letter
D. In this connection, allow me to read tn
y following charge against the administrS
N tion from an editorial Of the Indianepol
le Sentinel of August 13, the leading pape
IS OF the Democratic party in this State.
,, says:
ID +" From Jund 80, 1869, to June 80, 1870 we ha,
o. the hrst clesT hscal year of the Grant sdmnistr
. tiOu. And how does the tax levied upon the pc
. pie I at year compare with lhs tax loYed,dufI
u, the year banded down by Andrew ohAs on fALoC
al the Cficlal stGtemen o government leyies in
Nv put forth by Mr. Boutwell,:
lS6S-69 Johnson) NEUTRALITY-SUSPICIOUS.. SIO,O3,7 n
rs Excess of Grant. $37,sS7 o.
D. Thus the government levied upon the peOp
70 nearly f3S OOO,0 900 more during the first fiscal ye
~ of Grants administration than was levied durii