Burlington weekly free press. [volume] (Burlington, Vt.) 1866-1928, 1871-10-13

creased fourteen nil ions OF dOllsrE AMI from ir
terusl sources twcnty-seven millions more
while the expenses Ct the government. extend
ing premium on bonds and premiums on thi
principal Of the public dsb;, were reduced tRen
ty-seyeu millions of dollars
The increase Of revenue and the decrease o
expenses enabled Congress. AZ the session CON
meucinc December. 1863, to abolish in,erus
taxes 10 the amount Of nearly sixfy millions o
dollars, and TO diminish the taxes OF import!
nesriy twenty-five million, o. sbout eighty mil
lions in all
Ga the Isl Of September, ISL. the net det
OF he United States, including accrued interest
was S2,274, ,l22.56J IS, showing = decrease
from March !, 1869, Of S251 ,3lO699 G3
In the ssme period, the annual interest &C.
count vas rsiuctd from Sl.G,3sJ, $50 to Sill
43J 3sj 81, or s50ut million and a quarter
per moIth This reduction oaly, # treated ss a
siuking fund. would pay the public debt, c1c'u-
slye q United States notes sni fractional cur
reucy not bearing Interest. IN about tail; ;y-siz
years,
TIE 30 B1Sus-DlPa0yso CREDIT.
Do the ii # July, 1868 when the Pll.iIeu-
IA. contest Ess just o,eni1r, s1i when ;here
was s0mc uac--taiat7 - O. iis result. the 90
s,.l .-- 70 - nor cent T .t.i- a. -,l,o n1
.h- 1.-.fJ.rrt-- r~eq -,-.. g.. -ss,,r- ~ .I.o
air-t-o, r.ss t,.a,-r fbs,tsl. lr.....l. .aef 7 81
r..-. cont rs..s r-...f-,. -.
m f,- he l,.. o. 49,. +t.., -. - -,
.-,,. s.ifv. .,f, mar vi,b rs. ~, -o..r. f. A..
5-.r. ?, he iesItr.-i.r ,4,.. r-s.;3.,'t t,,f,
,Ii.,. a. tis si.,,,,;-,...-'... ....--.-7 - -
49,. ,-l ,-.--,5i- ~. .i.---..,- -
,hl,vrf Nh, nut, y, f.,-;.5 - -
.n.bi.l t5- l,.,-,-,,-... -. , b. -. -
.-,.,ia-fI -. - '' t ls,iA' ms. anu anu
---i.r rls e,-,s n, - a.. Isl t--l- -
nr -;- re- r.-+ i,.erest al t.---., ,-a -.
o ru- have ..iv,,-s3 fro., 81 ~ -. ~.
,-;.. IN r,i- 1srs - -
,ri tbe I'D lj b.83s him, i-,s-e.- -. -.
emf .sva .iv,r-oi .l.,.i-. ~. -. -
--.r IT,. -son x ,.s- o.-.t 49,. IT,, .',
.auf
Urfe- tt,a Same i5l,,.-.,s ,r.-.,-... .,--.-.,.
-,t..-,-.- ~ ~ cur '-S!
,eo-s n, ne d,lI.r ,vt,ts a- 49,. L. 20 III
-fg f, 20 v-o-ts ,,,I- ?,
Ii v' -H- -" AoAN-
The new i've per cent hau3s have ten years to
an, although tie probability is that Jhey will
iot be paid iu les than twenty years, as 1t will
'e Tor 'he Interest @; the coga-ry drst % pay all
'1nls oe@riog a higher 1a;e oi interest than five
ler celt Lut, assuming Inst they are 20 be
isd IN ten Yeas, the SWING On the issue Of
-UJ,1u9,tl0 iu .-,erest Is 81, 100000. The
nie7e-' upon the sauua! saving, accCml'ating
lnu. tie expiration e ten Years would be So
~, .-.. --t'= N 't-' 'S5a'g s-'lls o.
e-,,t f,r tb-es 7-o-,ts a. t5. ,., @ % 30 s- =. -u-
frt rsr ,.nr,- r., -Igo o01 o01 ,- - e.55
.lo ...uin. -. ,-s.-, %, b.. ,.-,,,..,l - 90
-5 001
This e--.-.,,a ..sB-,es t., Oman t.,,-l- -.
, ts ,,.l i- +., ,,,-s Sr.,rg 49,. -.
rr,,l ~ con-, - - ~, -
= i,. .s .-a.- v5.-- an ,,.. i.,.;i- - -
s.. ,;.,,3,. -. .,..,.,l,-5 -, t-.i -
-5 ~. IN ,-,, -, 80. - IN -
rtpsi m. ,,-,.sr,;,- ,, ..,..,...s.s - -
5an;ry ,.I in Fg-'7, s,..+ 80 -. ~ ~
lsn, Srt Nth the PIE l,ey Of complete suc-
-, ~ h. us 81 ,'i.s Is l'e
~ ~, ~. 80 ~ N'ep'
..--.- ,..-.-i.,-.. 80 =. - 'u-
~, - ..t.t-i -1 Il
-. 49, .-..'', '' 'HS
..;..,-,- '-- "Au
,-l..,...5 ~ '''' e' d. l. On '1e
- 80, -4 oeen
- '',i ., ~ 30 sl=@es-
--,-tI - - oy ,le ''sus
- - - 80. -1,e s'..'
-. - :. - '-- I'a O'
...,f. '''-'e 'iii-
- f-W WORTHY FACT.
7, Is worthy Of notice ths- the iute-.s; mad nv
l- Government oa The ru' 81, debt Is the stand
20 for the r,;e oi iuic.rst ihrou,hoa, tbe c5uu-
~, sul 60 some extent ,h-ou,boer the world
pr 81 tue p-esent mon.eu, the bond. of the
.-'-..I ~ s'-'.-.e At ,-''ie conn ciSl
nv o,bs- G,y.,,r-.e,., ih.. = ~. .','' W !.
upli.it f.ith rtse r..,,,. ~ ot,e- .o.,,tr;es
,sr--eI b, t,. 5..f.rs,i--.. 80 r,, p.,.,,fl,,,,'
,,ty .rJ srs,si,.l h.. ,eo - -. - :.
be 'sirv p. ..i,,.,,.,. e ~. In. ~,
REDUCTION O. THE PrBuc pEBr.
In nv animal rs..sr. G,- 1S-OTs,,,aj ,b,, tho
uh,ie d.bt cusbt ta l.. reduced - l,ssr S5O =
DD 0lD q v,,-- s,dr. ,,,- r-i-;,, .,ili ~
ere Ana ;b;s ,,,. h.. a,.o.,,f,i-.6o.l - -
rslu-t,su n wi n.y., ,b, .le,..,.i. -
.,ipe.s. and r,r1ave mot ~ M. ol;-e,,o,shic
.,-rrp. ,ftbe rs..G sy.t,r, H.. s.,.,.;..s-..s
al m th. i,.s-r., -, -, -.
s,.j rho r.o,,is ~. r,..r = ,....r, 80 a., -.
.sIig bu,j-p.o.,e rri,- -, ~. -, -.
re rs.g tpt .even sr.fie-,s - ,.v.,,-- e.,
,s i.,..7.. tlv ~ - T., ,..- ..-., -, a., -
;,,,'..o .rs- s.i0o5 = - 1t ..-'.-.
- r.. IS C,r,..-- 80, .-p1s-5
he ',,Sar s,,,;s..s ~ -
= 1;s,;tr.l go - -. m
ror, I'll ,bssa ,,,,,,os i- = .,,,a.,I -. -.
.f95 O0o 0o0 =. ,.;Il - :.
~, IN - \. "a -, - ".'4 - y
co.. bo.r;ir ,,,-. Ls-..-I, - 80
!, on, h,r.:s,r,dfr. ., t,,.;,e '''' H'
SPURIOUS RESULTS OF The DENocRArlc POLICY;
II % dns n ,-ntb f, saw anil. 70 -
which cur opponents cannot justly complain,
bat the course Of the Democratic party, in re-
'enI7 10 ,he puoAc eeot, mas hzi substantially
ie same eiieo5 that was produced by their course
ITss'u 10 lne feoeI en- 1.-THE proposition Of
ne democratic party 10 psy the 5-2O bonds IN
reenoaeSs Should be csrriei out, an additional
sue would be required OF more than thirteen
undfeu millions OF dollars. Many Of these
onds are oSnet in Europe. If the holders
loud sccept the greeLbacks, they would at once
'nvert them into coin by purchase, thus drain
g this country Of gold, and advancing the
rice, so that the difference between coin and
iper currency would be az great ss it was in
ie Contederaey during the last year Of the COL
'st. In other respects the effect upon the for
ines Of the people Of this country would be
luslly disastrous. Experience has always
Town that when the currency of a country is
,P'e04a'eu' snu ior agrcultuIaI purposes and
# cotb;ng .nJ Tho ~ -,