The new North-west. [volume] (Deer Lodge, Mont.) 1869-1897, 1871-09-02
4 POLITICAL L(ssoy in 9I9UREs.

fVLlTICAL LeSSON IN FIGURES.
1tsetal 6taat,s A1.lsistrasie. Ws,eael
II The Balasee-The Result . vludica-
ttsn Of The PeaDlc's Chslee-Me b Sue.
oe'Hssli h Peace - 10 WIS vIeterious I.
Arms.
. From The &. Paul Daily Pres.
All the cheap genesalities nf Democratic
invecttve against the Administration IRE
e'nc'usivsly answered BY ghncs as its
tesults. The people look behind sll this
/ furry OF words I" the facts; II what hos
been actu~lly done ty the Adminis:rs
tion. The result of Ito financial manage.
ment, for example. II the test Of its hon
esty. Ut its economy, of its fidelity to the
vast trusts imp,.ed on it.
Take the public debt to hexin with. On
the hrst Monday If March, 1850. the prin.
cip"l amounted II 13.oo6. .oo4. .oes Il. and
the unclaimed accrued Interest 10 434, US.
S56 63. On the first of April, 1871. the
principal WAS %. 81. 700. 81 50. and the
iatsrss' - sho~e amounted to t41 .375, 80
10, showing reduction Of principal in the
two years and one month Of 19l4 2o4 lOo
~, aud reduction ot @a06 9e1 .4Oe ~, prin
cipal and interest. The total reduction.
|ess cssh In the Treasury. was $2l5. 7e5, ,66s
~ During the same time the reduction in
The monthly charge for interest on the debt
was 81 l.O06 2o4 63. making N annual reduc
ton Of over 1000 600. The atr,oun, II
debt purchased from May. 1859. 10 the lst
Of April, 1870. was $1oo. SOC. $50. involving.
with accrued interest, the payment in cur.
rency IT esl4.4el.77s -. Or el7e.0u4. OIL
a. when estimated In gold. This shows a
net gold discount of $1l 5s5, ,s38 s., actu.
| ally realized to the Treasury.
Similar satisfactory results of the Repub.
lican administration Ut national affairs arc
seen in regard to the public credit. The
figures show that. Notwithstanding the dis
turbing influences of The war, our credit
during the period since the close If the last
Democratic Administration. carly in 1861 To
March !. 1860. attained IN aggregate appre.
ciation. ~ applied to the then existing value
and principal Of the public dent, to the
amount Of a'"'u, $3.50. .0OO, 600, while in the
succeeding two years the public credit. ~
referred 10 the values and principal of the
debt rs existing April l. 1871, was still fur.
ther advanced, showing an appreciation q
applicable to the debt Of 40l5, ,000. 900. as
compared with 1853. aud Of $s65, ,0oO, 900 as
compared with 1861.
From March l, 1870. to April l, 1871, the
appreciation Of national and national hank
currency was twelve per cent The amount
Of national bank p&,tes in circulation 1T the
time, and Of outstanding United States
grenbacks, was sbout $lO0. .00O, ,UoO. ~ ,hss
IN ths Time ''ss'saisssd the actual purchasing
ps'wer Of the aggregate circulation of H..
c'uniry was advanced sos,se >S3, ,OUO. .OoO:
that is. the 17lO. .On0 mo IN ta.i ....-s.s- --y
80 .onRsu x.sssAs aE'se x0ssds ,ilau It wOuN
two years before.
A comparison ot the exp nses of the gov.
ernment under Republican and Dea,ocrstic
administrations, II sls0 interesting. The
total national expenditures for the year eni.
ing June 3Oth, 1870. amounted u 3292. le4,.
052 IL, of which Sum $2l1, ,94l, ,1l1 u. in
cluding the intesest on the national debt,
expenses Ut national loan. bount,es u sol
dierv and other VA, items, ars pr1pcstY
Oh .ryeAble I" the sebsllion. ,This deduction
leaves. the amount for tic year 1t >SO.sS2.
Us 45, Or t6s, Isl, ,73 Is, when reduced ,o
y g''Id Oasis, which, "n the estimate Ut 4O..
0OO, 700 population, IL \ per Capita If u 81.
For the year ending June 9Oth, 1850, one
Of tie last of Democratic rule. the expenses
amounted In. gold u t6s. .015. ~ ~. o.
- VI per capita, for the population vi the
country then was only 3V,UO0.OO0 Here 10
: decreased pn,p'riionsss expenditure Ut 1S
pr Cent upon the same basis, n.,twith.
standing the inc, essed area Of the country,
the organization of new Territories, aud II.
Interests Ut Pacific R.ilroad bOn.ls.
The marked AID steady decrease of the
osti"n.l indebtedness du'iny the past few
years has not been attended with any in
crease Of the burdens Of taxation upon the
should n Of the people, ~ IL clearly evident
fron the following dsures, which sis,w the
several reduction. Ut internal taxes and of
custom duties ty Republican leg....tion
since the summer Ut 1856:
REDucrlox o. lArksxAL Txxss.
p ct ot July IL. 1a03 >6Auuh00o %
Ny 1T " Ax1vh / lo67. ~ O00.v0O o.
" Act Vt feusuasy \ la66. .xb,aOUuA "
y ass. II Mach . aud Ialy -. lsss. 4aNvuN y
~ acs Vt July ~ ls'Q hAslaON W
Net total reductioa internal taxes. S3x314OO 10
cusTGA DuTsks.
Ths net decsease oe duties ~ imposts
By tbs scs u July Is lS50, " 94ooAoH -
Aggregate annual dscseass. NJ u
During this tiine the public deO. hrs icon
largely decreased; all current obligations
have bsen promptly met; important perma.
nent improvements have been provided ior:
the public credit greatly improved; and,
among other departments, the postsi syytcm
has been materially increased IN e1t.m, and
emciency. while it, comparative expendi.
tures have been reduced IN : marked dc
gTt.s.
Il is matter Of surprise that in the facr
Of these overwhelmingly cDn Dnvincinx ,,rs.f,
of the integrity Of the Rrpublicsn Admin.
issIa'ion, and the prosperity Ut the cDun,ry
under it, ltadeTship. our Dcm cratic friends
steer cjeaf ut nguTts N ail Of their aut.xl
nistic cAlculssiOusl
kA I'll n IL.