The Daily state journal. [volume] (Alexandria, Va.) 1868-1874, 1872-09-21
ORR FINANCIAL. RECORD.

OUR FINANCIAL RECORD.
We publish below an authentic and ac-
eurate statement of the leading items of the
splendid financial. record of General Grants
administration, and cordially commend it,
not only 10 the people generally, but
especially to Republican canvassers the
men. who speak to the people---for it pre-
sents in condensed and convenient form
for reference the most powerful appeal to
the people of Virginia to aid in the reslec-
ton of General Grant, that any admins
t1ation was ever able to offer q IN $50,
The total expense of CARRYING on i"ia '.- 3'
the government including every ~ -"'
department, executive, legislative ~ sl .
and judicial the army, navy, -+'
fsreign ministers and consular 1.s5s 't't
agents for the year 1850, when gt''
we had population of Sl,4B,22l -
was SOL 400. AS "a
. child 4. g.ta ~. !. .5.ta n Ef 1855
The whole expense for the same
-1Cbjacts in 1870, when we had a ia aglst
population of ss,655,9S3 Was, re-
duced to gold. sos, O42, SIS. IL
That is for every man woman and 1
chiid'...'s.' ,;..,......... 81 81
Interest and pensions are not and should
not be included. 1lTs vs.. .a1"I aHs
The total increase Of expenses in 1870
oyer 1860 was about seven millions, six
hundred thousand ls7, SOC, 900, dollars, or
only about THIRTEEN PER CENT, WHILE
THE POPULATION HAD INCREASED
NEARLY TWENTY-FIVE PER CENT.
Senator Trumbull said lin bis Cooper In
stitute. speech, that a reasonable increase in
expenses of 1870 over 1860, not including
interest or pensions, would be TEIRTY-
THREE PER CENT. 'f1agass1 dsssa
90 The national debt, including accrued in
terest, less cash in the Treasury, on the list
of March, 1869, when General Grants adj
ministration commenced, was about TWEEN
ty-fye hundred millions, or exactly 90 ,525,-
463,260. rgls54Tts ri ~ .ailsa5u
The national debt July lst, 1879,
iacluding accrued interest, less 3 r
cash in Treasury, was about
- % trwenty.ons hundred millions OF tF 4
dollars, exactly 42 ,as6 s4s
Tbs reduction in three years and
= fur moaths of General Grant p %
Rdniistr ation was............... $685. 6,el7
Or about TEN TIMES AS MUCH AS THE
WHOLE DEBT OF VIRGINIA.. p. ~
The debt on March lst, 1858, was, per
head for every man woman and chlld in
the United STATES, arout".,............... sos 90
The debt July lst, 1879, was. Pee head g.
a.aDDut '''-.-''.''.''' '''''''.'' oosS
lhe debt has been reducsd during Gene
erai Garant's admins ration, per head
brewery man, woman and child, about. IS
chs mont hly charge for interes. on the Y "a
national debt on the LIST OF March. ~
1869, more than ten ara hall y
illiens OF dollars, or VI ,46:
ga lhe lst OF July. 1877, u was about E.lHs
eight ana two thirds millions or ex- gG,
- O.. nc .. 800, 'ot
month, saving :. q, csc, 70;
A yearly saving OF more than twenty 5u.s
two millions of dollars, or exactly ..$22 4Ul ,os,
Or a saving every year IN INTEREST
.. ALONE OF ABOUT Two-THIRDs OF THE
DEBT OF VIRGINIA. r.
Up to April 1871, the direct tax had
been removed from more than ten thou.
sand 100000 articles, and tea and coffee
have since been made free.
The estimated reduction of internal taxa
ton and customs dues since the COM
mencement of the present administration
il nearly one hundred and thirty millions
VI uoildlS auHuaiiJ aS ioiioWS 80 FelTIf. + =
liy act OF July II, lS70.,.,.:.. d. s7s, Sass
i,y act of May ], and Junee ls72....... 5l,s22 76
F-Eg1 IS Ef q y 55 Il si2s, ,bs
while the receipts have increased abou
ElGHTY-Fou. MILLIONS OF DOLLARS
ANNUALLY. sIs2HEas-
a4 The total receipt from spirits, tobacco
liquors, banks and bankers, gas, stamps
snd penalties, from March first. 1866, t
March first, 1869, the last three years o
SIR. Johnson's administration, was a little
over two hundred and thirty-one millions
OF exactly, 1921, 1853, III 4sd E'-55y. i.
There was collected from the same arti-
eles aud with lower rate OF taxation
from March litlsGo, to March LIST, 1877, tht
rstthree years Of General Grants admins
tration, nearly three hundred and thirty
nine and half millions of dollars, OF ex
aetly s239, 1856, 1853,