Holmes County Republican. [volume] (Millersburg, Holmes Co., O. [Ohio]) 1870-1895, 1871-07-06
ECONOMY.

.
Expenditure of the public money
Without referring to the financial
condition of New York, which has
been brought to a demoraliZine Q
state by Democratic leeches, we
would call attention to the affairs in
Kentucky under Democratic rule
since 1867. Though Kentucky is
not in as bad shape as New York
yet she is in fair way of reaching
the same point.
We ask a careful reading OF the
following extract from an article
clipped from the Pittsburg Gazette
of June. 80. 1t is an article founded
on facts. The article not only ap-
plies to states, but also to counties
as well. We let county matters
rest for the present, as this article
we think, k,applies so well to the man.
agement of some of the counties in
this State now under Democratic
rule:
In 1867 the Democrats obtained
complete control of the State. In
October of that year there was q
surplus in the Treasury of nearly
$26,000 In 1868, one year after
that they obtained control, there
was deficit of nearly $500, 900,
which in 1870 had increased to $902,
$50. The State Auditor estimates
that on the 10th of October, in the
present year, the deficit will amount
to about $l,200,0OO, and recon-
mends, in order to relieve the
Treasury from sits present temper
ary embarrassment" that an ''in-
come tax should be imposed for a
period of five years" Thus it will
be seen that a Democratic Auditor.
in Democratic State, not only
recommends additional taxation to
relieve the Treasury from its tenn
porary embarrassment 1--WE should
rather say that chronic embarrass-
ment), but declares that the only
way to do this is to impose an
''odious income tax" n thing which
the Democracy everywhere denounce
as inquistorial and oppressive. But
this is Of no importance rs long as
it is imposed by Democratic gov
eminent, and its proceeds go to re-
plete the Golfers of Democratic of
fee holders.
Democratic rule, then, means an
increasing deficit in the Treasury,
and additional taxation upon the peo-
pie.
We do not know of any eXcep-
ton to this rule, and if any can be
produced, we will very cheerfully
give it publicity.
Since the Democrats assumed the
control of the State and the Treas
ury of Kentucky, the Sinking
Fund has been bled pretty freely.
The Legislature, on the 9th of March
1867, authorized three hundred and
fifty thousand dollars to be drawn
from it. The whole mount of which
it has been plundered since that
time is one million and a half, of
which no account can be given, al
though repeated calls have been
made for q statement of the uses to
which the funds have been appro-
priated.
After all this expenditure, the
Auditor stated, over his own sigma
ture, on the 22d of May, in the pres
ent year, that ''the condition of the
Treasury is such as to force me to
cease auditing claims until it is re-
plenished by collection of the rev.
enue." But no one can tell where
all the money that has been collect
ed has gone, although the Treasury
is in 4 state of absolute deple-
ton.
$5,000,000 have been taken from
the treasury of Kentucky of which
no account can be given; yet the
Democratic party claim to be the
party of economy. We would think
however, that the tax payers relish
such economy as this, which i'm
poses additional burdens upon the
people and increases the public IL
abilities.
Contrast the state of things in
Kentucky, and wherever else the
the Democrats have control, with
that of the Republican Administra-
ton of President Grant.
Since he acceded to the Presiden-
cy, $3.50, 100000 of the bonded debt
have been paid, which is saving to
the country of $4,000, 900 annually,
in the shape of interest.
And, with all this, there has been
a heavy reduction IN taxes. In ad-
dition to large abatement of tariff
duties, the last Congress took off
$50, 900, 900 of internal taxation,an
Senator Sherman announced in his
Columbus speech that at the next
session of Congress 'the whole sys-
TEN will go by the board, except the
taxes on spirits, beer and tobacco,
and perhaps Few stamps.
Evidently, then, the Republican
is the party for the country. Its
object is to secure not the greatest
good for the greatest number, but
the greatest good for all. Demo-
Gratis who view the situation in a
sensible view calmly and disspas-
sionately must sec that their leaders
whenever they have the opportunity,
run everything in their own interests
Wherever they have control,
treasures and sinking funds are
bled to death, taxation is increased
and public liabilities are multiplied.
Before they can put forth their
claims for power they must show a
better financial record than any |
they have made yet, and give some |
evidence that when they speak of
economy they do not mean eXtrava-
gance and wholesale plumber. A
"new departure" in this matter
would almost republicanise them in
California, Iowa, Pennsylvania and
Ohio, and entitle them to admission
after twelve months probation, into
the Republican ranks. In the mean
time lessons on political economy,
both in theory and practice, are Civ
en- gratuitously by Grants Admin