The Kenosha telegraph. [volume] (Kenosha, Wis.) 1860-1888, 1870-08-25

llOD by VIC COmDlQGU ACTION VI INC
President, the Heads of Departments,
Congress and the General of the Army,
many abuses have been corrected and
many reforms inaugurated. President
Grants Indian policy is bringing forth
evidence OF its justice, les humanity and
its wisdom. The firm, just and generous
policy of the administration toward the
States lately in rebellion has brought
much of order and security, and crimes
have largely diminished. In the inter
ests of economy the services of thousands
of employees, both civil and military, have
been dispensed with. The currency has
been appreciated in value by tens and
scores OF millions of dollars, and the ma
tional credit has been largely strengthen
ed.
THE REVENUES.
Without any increase in the articles sub
iect to taxation or in the rate of taxation,
the revenues of the fiscal year ending 30th
of June, 1870, were nearly $409,000,000,
against less than 1871, 100000 for the
year ending 30th June, 1869, showing a
gain of nearly $38,000,000. On the 9th
er hand, the expense of the fiscal year,
1879, were less than those of 1869 by
lhoIe than $29,00O,0OO, thus showing an
increased revenue and having expeLdi.
lures of more than slxtv-seven millions of
dollars in the first fiscal year of General
Grants administration. In the last six
teen months Of Mr.. Johnsor's adm;nistra
ton the receipts from customs and inter
nal revenue were less than three hundred
and seventy two millions ofdollars Dur
ing the first sixteen months of General
Grants administration they were more
than four hundred and sixty mine millions,
showing an increase Of nearly ninety-sev-
en- millions of dollars. Republicans will
remember that during the last two years
of Mr.. Johnson's administration he re-
moved Republicans appointed by Mr..
Lincoln, and others who adhered to the
principles of the Republican party, and
appointed Democrats where he could do
so. The character of the appointments
and the demoralizing influence which his
opinions and conduct had upon them.
were seen III the loss of scores of millions
of dollars of revenue in those years. The
large gain in the collection is mainly due
to the determined and avowed purpose
of General Grant to secure an honest adj
ministration of the revenue laws, and the
appointment of Republicans to Office ear
restly devoted to his economical policy.
REDUCTION OF TAXES.
During the recent session of Congress
taxes have been reduced more than $751;
100000. The taxes have been removed
from transportation by canals and rail
ways, from sales by dealers and manufac'
turers The income tax has been reduc-
ed to two and half per cent on all in
comes above $4,000; and it is to expire
at the end of two years. The tax On tea
has been reduced from twenty-five to fiji |
teen cents per pound on coffee from five
to three cents, and the tax on sugar and
molasses has been red lced in the aggre- |
&c te twelve millions of dollars per annum
By this reduction of taxation the indus |
tries Of the people and the necessaries of
life have been relieved of burdens amounts
ing to millions. The Funding bill is an
financial measure; which con-
the saving of interest upon the
public debt by the exchange of outstand-,
Ing per cent bonds for those Of lower
rate Of interest, to the amount OF $50, $780,,
900 year. While reduction in taxes
transfers the burden of the debt from one
year to another, from one generation to
another, reduction in the rate of inter
est is an actual saving to the country, not
only for the present generation, but for
all time. And yet these important and /
beneficial financial measures, intended to |
Tighten the public burdens, received lit
tie countenance and support from the
Democratic party, whose sponsibil1ties
for the war, its losses, It's expenditures,
it's debts, its taxation, are so fearfully |
large.
THE GLORIOUS RECORD OF THE PARTY.
Not faultless, but high, noble, and glo-
rious is the record of the Republican par
ty. History will note it, and the world |
will gratefully remember it. In the
light OF this brief review Of its achieve
ments, for patriotism, liberty, justice,and
hun anity, should not Republicans, one
and all, cling to their grand organization,
rectify its mistakes, correct its errors, and |
keep it true tolrs past traditions, and in
harmony with the enlightened and pro-
gressive spirit of the age? So doing may
they not perpetuate their power until
their benefcient principles shall become
the accepted policy of the nation
HENRY WILSON,
Chairman of the Congressional Repub-
lican Committee
JAMES II. PLA1T, Secretary.
WILL You TAKE A SHEEP.-An old |
farmer, about the time that the temper
anra reform was beOinnino to exert q |