New-York tribune., 1870-08-10

amendments fixed and nal has demonstrated i'S w
Ter inoapacity for such a trust.
Accustomed to success even against fearful odoS' anu
undertaking perhaps the intrinsic difcules Oh u Pon
5ng issues many Republicans lookeo W "o, oi""I 20
Administration with high raised expectations vi
,rse tbe bave been impatient, and not always satS
ssd with rcsnlts But while these expectations nave
M been fully realized in the action of either the fres-
,ept mr. NJ Congress- much has been aoheNeu; enough
al any rate to satisfy them that the un'u prop'enS
will be wrought out and the hopedlor results "ooon
CEN Grant came into Office pledeed 70 MAINTAIN hyi9
Ite the public FAITH reduce the naoI t ur sr in tse
t.Vafiop apprcciate the currency REFORM ABUSES III he
evil and military service and MAINTAIN "rd'a t ia 'nS f
.aUs az, tho ucads Of Departments, Congress and
80 GpneTal of the army. many abuses nave been cor
Ssnctcd and MANY reforms inauguratod. fresl,
t rnt's indian policy is bringing forth evidences OF
81 inSti rs humanity and its wisdom The frn, Just
and Crnerons policy Of the administration toward the
ttsf lately i'm rebellion has brought much of order and
security and crimes have largely dmlnsheu. IN ne III
an civil and IN itary. have been dispensed with The
carrency has been appreciated IN value hy % Iehs ana ana
zen largely strengthened.
without any increase in the articles subject 70 TAXA,
ON or i'm the of taxation, the revenues OF the fiscal
ear ending aOh Of june 1870 were nearly fouT hundred
nd nine millions Of dollars against less thahIiee hu
.d and seNcutyunc millions for the year ending som OF
ne lSGq showing gain Of nearly thirty eight millions
fdoars On the other hand, the expenses oI the ISca
,ar $50 were less than those of 1869 by more than
yenty million OF dollars thus showing an increased
cyenue and saving in expenditures OF more IMAM sNty
t! Nvli NEUTRALITY-SUSPICIOUS. in,the last 6 months of Mr.:
IohnSons administration the reeepts from customs @ anu anu
iuternq revenue less than three hundred ana sN
,nty-two millions of dollars During the first l6 months
Gen. Grants administration, they were more lhah
our huddrcd and siNty-uiue millions, showing al III
Icasc of nearly ninety seven millions OF dodS; 49,
Pppubir.us will remember that during the last TWO
cars OF MI JohnsOuS administration hcrmoved tepup
,lns appointed 10y Mr.. Lincoln and Others VINO adhered
the principles of the Republican party ana appVh,eu
Democrats where he could do The character o Cse
appointments and the demoralz!ng influence wmch ms
opinions and conduct had upon them were seen IN le
e NJ mill |1lQs lf
ears I'll, large gain in the collection is NANNY que 10
hc determined and avowcd purpose of Gen. Grant TO 10
tcuro am honest Stratou of the revenue laws ana
tc appointment OF Republicans TO office earnestly de-
voted 60 his economical policy. -. ,.,.o ,,oo,,
reduced than SI50OoOOO The taxes have boen re
moved from transportation by canals ana railways ron
sales by dealers and manufacturers. The income tax has
'cen reduced to ?! per cent on all incomes above WV
md Is Co expire al the end oil two years The tax on Yea
been reduced from 25 e cents pound on cOnee
rom 70 cents and the tax on sugar and moasses mas
LIS reduction of taxation the industries of the people
IF burdens amounting TO millions The fund
bill is an important financial measure
mon the nrlc Irb bv the exchange of outstanding six
ger bonds for those OF lower rate of interest t. the
amount of tweuty-SX millions and half year. While
"a reduction i'm taxes transfers the burden of the debt
from one year another from generation TO another
reduction in the rate OF interest is an actual saving to
le country only for the present generation, but or
a time Aud vet these important and benefcent tnan
ca measures intended to tighten the public burdens, re
ccvcd little countenance and support from the Demo
cratic party whose responsibilities for the war; its losses
81, expenditures It's debts and its taxation, are so lear
Not faucss but high noble and glorious, is the record
OF the Republican party. History VIII note IT. and the
orcf review Of its achievements for patriotism, liberty
Justice, and humanity should not Republicans, one and
ALL cling 10 their grand organization rectify its mistakes
its errors and keep true its past traditions
and III harmony with the enlightened and progressive
spirit Of tile aset so dong may thcy not peIpetuatt
ther power until their benecent principles shall become
She ACCEPTED policy Of the nationi , HENRY wilson
JAMES II. ILATT, Secretary