The spirit of democracy. [volume] (Woodsfield, Ohio) 1844-1994, 1872-07-30
lBxtracts from Hon. Thomas A. Hendricks
Speech at Indianapolis, July aOl
An Increase OF Taxes Since John.
toms Administrations.

The following is q correct statemen
of the amounts collected from customs
and Under the internal re*enue law do.
ring the last two years of Johnson's adj
ministration aud sthe last two years o
Grants administration, the fractions ol
a million being omitted:
For the year ending June 80, 1865
From Customs, S164,000,00(
Internal revenue, I92,000,00(
Amount, 1856, 100000
For the year ending June so. 1862
From customs, SlS0000, ,00(
Internal revenue, $4,000, ,00(
Amount, 1899 100000
For the year ending June 80, 1871
From customs. S206, 900, 000
Interna.revenue. n 0I 143.00O000
Amount, .S349,000,000
For the year ending jdne So, 1872
From customs, S2l5 900, 900
Internal revenue, 131, ZOO, ,00C
Amount, S346, ,000,00C
You will observe that during those
years the Internal Revenue has been re-
duced from Sl92 100000 to Sl3l ,000,.
900, and at the same time the revenue
from customs has gone up from Sl64,-
100000 to the enormous sum of $215,-
100000. The last fiscal year of,John.
sons administration, covered three
months of Grants administration, but
during that year the revenue laws were
not changed During that year, being
from June 80, 1861 to June co. the
entire tax collected was $3.50 100000
whilst5during the fiscal year which closed
three weeks ago, being from June 80.
1871, to June 80, 1872, the taxes collec
ted were S346,00e, GOO, beirg al increase
of 81, 100000 During the last two years
of Johnson's administration, from June
3r, 1867, to June 80, 1859, the aggre-
gate taxes collected was S695, 900, 900,
and during the last two years of Grant s
administration, from June 80, 1870. tc
June 80, 1872, the aggregate was $500,
600, ,000vbeing precisely the same, ex
cept the fraction of million; which
fraction, in fact, is Sl0S,554 f76, and il
that sum greater in Grants last two
years than in Johnson sflast two years
What ihep, becomes OF, the broad ant
bold statement of a reduction of taxes
two years ago2 1t is inaccurate and in
correct only in about eighty, three +
ninety millions per year-in' fact the to,
collectors are increased. s.yA -as
In this statement ] am not to be un
derstood as saying that no reductions il
the rate of taxation were made. In th
notifications of the tariff, some article
were made free, and the rate on other
reduced. 1 speak only of the fact tina
under the notifications as made, an
with increased importations, the amount
collected have increased.
GRANTS ECONOMY AS COMPARED WIT
What then comes of the boasted clair
that Gen. Grant has reduced the debt
The friends of johnson claim that b
J made greater reduction. :, The, claim
without merit, if the process was simpl
to tax and pay. That is the exercise {
} power Tie only merit is to be foun
in economy, the reduction of eHpend
} lures, and thereby saving money an
thus paying. To boast of taxing an
paying is, as / once said, the surgeon
boast of the quantity of blood he hs
? taken from the arm of his patient
: Besides taxes, this Administration hs
received from other sources enormou
: sums Johnson left in the Treasur
3 $135, 100000. The present accumul;
! .ions are about the same. In1S70 thel
, was received from lands and other sou
ces S3l, 100000, and in 1871 from lane
2 and miscellaneous sources $50 ,O0O, ,OO
r and from the war and navy about S26
600, 200, which suppose to be from I'll
sale of war material, perhaps part frol
: the sale of guns and ammunition
France
! With the moneys received from a
! sources, much larger reduction OF II
:. debt might have been made mad econ'
= my prevailed in the public places.