New national era. [volume] (Washington, D.C.) 1870-1874, 1871-05-25
A Wore, for Democratic Libelers.


There is one fact which those Democrats
who are deafening the public ear with their
noisy cutlery about Republican extravagances
should have constantly thrust in their faces.
1t is, that for the last six months of JoHNsoN's
Democratic administration, before the election
of GRANT and the installation of Secretary
Boutwell,, the revenues Of the country were
less than the expenses of the Government.
Each of these six months showed decline in
the receipts. AS soon as they entered upon
their duties all this was changed.
Though the same tariff and internal rev.
enue tax laws prevailed, and without any in
crease of either, the taxes which Democracy
under JOHNSON had found insufficient to meet
the current expenses of the Government, were
under Republican management not only ade-
quate for that purpose, but sufficient TO justify
the Government in beginning to pay off the
public debt. And in only two months more
than two years Secretary boutwell, has paid
of over 1923 100000 of the debt, though the
taxes had been largely reduced in the mean
time, and $l2 100000 of interest is annually
saved the people. These facts would put to
shame and forever silence the abuse Of any
other party than one who had become lost to
all sense Of decency by their own corrupt and
immoral practices.
The facts stated above give the taxpayers
gratifying exhibition of what our Republican
administration has done in two years and two
months of their four years. In connection
u w hat hos u,in 10
ate to show what they proposed to do at the
beginning of the present fiscal year ending
June 80. and how complete this splendid ex-
hibit of the Treasury Department has so far
justified the estimate of Secretary boutwell,
in his last annual report. He estimated that
the receipts for the year would be from
customs, $lS5, 1887; from internal re v.
enues, Sl47, Ia, l37 OF; from sales Of public
lands and miscellaneous sources SEC. 600, 900 !;
total, 1888, 1916 6lo.se.
The expenses of the Government were esti-
mated at 1920, 200, 900, which would leave sur
plus Of $50 900, 600 to applied towards the pay
rnent of the public debt. The receipts from Gus
toms are stated to have reached Sl66. 8O5, 294 on
the LIST of April-from internal revenue Sll8,-
1872, 004-total, Se84, 81, 29s. The receipts from
miscellaneous sources and public lands are es-
tmated to have been about S2l 900, 900 during
the same period, which would swell the total up
to April 2lst to S30l, 100000. The expendi-
lures for the year will not exceed the estimate
of 1920, 100000. The receipts at that time had
therefore already exceeded the estimated ex
penditure for the whole year, and left surplus
OF Sll 600 600, with two months and ten DAYS
collections, at an average Of a million dollars
day to add to this surplus.
Mr.. Boutwell, figures balance of 500, O00,-
900 at the end of the year, and he will proba-
bly, prove to be correct, as he has in all bis
other estimates. We repeat, therefore, that
the wonderful financial su cess of Gen GRASr's
administration, it's rigid fidelity to all his
pledges to the people, and its honest applca-
ton of every dollar of the public revenue to
meet the obligations of the Government, should
be kept constantly before the eyes of our un.
scrupulous and false. tongued Copperhead OPP
ponents. 1t may not silence their foul abuse,
but it will render it harmless aud satisfy the
people.