The weekly Ottumwa courier. [volume] (Ottumwa, Iowa) 1857-1872, 1872-06-20

The National debt on the lst Of
March, 1859. was 1855, 463, 5000,
which is but few millions less than It
was in 1866, at the close Of The war.
Under General Grant the reduction
the first month WAS 66,79S.27. In the
second N, 6,399, ,O7ti.6l and in no month
since then has the reduction fallen be-
low two millions, while II has reached
as high as twenty millions. -
In the first year re-
duction rccahed As7.13i.70s.Sf: al
the end Of the second year. ii had
reached *A0i, ,754,4l3.O0: al the end of
the third year, il reached $299, $40. .7ti2.-
o. or an average decrease Of about
one hundred millions.s Up 10 last
April there had been paid off since
March lst, 1869. the grand sum OF
S315. l3l ,T39.G7. This involves saving
Of interest Of no less than $20,4s4.S5o
per annum-certainly grander con-
snmation than any administration OF
any nation ever before achieved.
These are the financial results OF RE-
publican policy since thc war-rrstuc-
tiOn Of annual taxation $3l I,OD0,O00 !:
reduction Of annual expenditure,
$225, g., ,22S.74; reduction Of princi-
pal Of National debt to May LIST s3l9.-
357, ,779.6T /; reduction of annual inter-
est on the National debt $40. .4SL5e9.- =
40 Il il likely, we ask, that any par
| ty will he able 10 show a better record
than this Gradually the currency OF
the country has been coming np from
so per cent. discount until il Is within
lrOml0 to IL per cent. of par, and the
banking system OF the Nation l. the
most reliable that it has ever had
Manufactures are left free from any
exactions levied upon them during the
war except in the matter 0f tobacco.
spirits and fermcited iiqitOrs. The in
dustry Of the South has been revived
and throughout the North the laborer
has never been more fully employed
or at better wages. In every element
Of material prosperity the Nation has
been rapidly advanced. Are not these
results TINT ought 10 command for the
Republican party the confidtnce OF the
future? Add to them u humanitarian
Indian policy that has efiectually
checked the swindling heretofore so
rife In that department: land policy
that reserves the public lands to actual
settlement: acivil service reform that
gives stable tenure to officers in the
civil service, and which has brought
about a sense OF responsibility and q
consciousness of action on the part OF
officials which, Ii not as great rs desir-
able Is still vastly in advance OF what
has been seen for long time policy
Of equal rights that has given consti.
tutiOnal guarantees for civil and pcliti-
cal equality to the hunablest man In
The nation--and what party could .do
more? What promises let Us ask any
Republican disposed % assist Greeley
In the disruption Of this party. can
any party give of grandcr or more
beneficent.results than this party ha;
given9 Why not stand by IT. Nt
party has ever shown itself lnort
4 thoroughly imbued with the spirit o.
reform, more sensitive to public criti'
cism, more desirous 10 keep itself ii
harmony with every rctorinator,
movement. Why not still continue Il
4 trust Ii: The party opposed 10 IL i
must not be forgotten, has stood In iht
way Of every movement ic behalf ol
! liberty and right and justice aud good
gaYernment. How can il be possibl,
that such a party can be trusted 10 worl
out reformatoyy results in the future
/ Whercver.it has been in pewer thcr
has been corruption without parallel
Is II not tho ntOstabsurd Of all prop,
q sitions to leave u party which ha
! wrought all the grand results whicl
a the country has seen in the last decade
and seek af4liatioR with these .corrup
and non-prOgressise elements, that 9th
er reforms may come Brother Re
y publidans lot. Us commit no such uh
3 sursiitys Trust 70 the grand old party
whose every step has been taken to th
music ofthe Union and Of Liberty an
JuStice, t0w0rk ont also, every ulhv
needed ruforin which the moral sens
OF the country demands. Men al
|, nothing, psineipaea~cserything. Fo
pripcipies,sake, stand by the Old n.
q PNbllaen Party !, .sss =. s..a s.,