The weekly Ottumwa courier. [volume] (Ottumwa, Iowa) 1857-1872, 1872-10-03
TIE 0PTVAEWk0OURIHR
xa.1~az1ss;S,s s....... y



.s-1 RsaA . Few Faets.
The public expenditures under Gen.
2 Grant has been less per capita than
under any other President since 1910.
In 1860 the expenditures reduced to
a gold basis Were SCOOPS, 7SS 50, or
$l,95 per capita. 81
1 On the same basis the expenditures
in 1871, we're s73,5A, ITO 70. or $l,76
per capita.
OF course the amount of public in
debtedness, chargable directly to the
war is not included.
During three years of Johnson's adj
ministration, with q tax of 81 gallon
on whiskey. only $S86O0OOO were col
lected. "a El, 5 al
During three years Of Grants adj
nhinistration, with tax Of fifty cents
a gallon on whiskey, the amount coll
lected and turned into the treasury
was sl57,OoO,OOo.
Iheexpense of collecting the revenue
under. Gen. Grant has been one-half
less than under johnson.
The aggregate receipts Of the Gov
ernment for the past three years have
been *l,l65,5s3,l69 20; expenditures
during the same time, $924, 697, 026 90,
making grand total Of money passing
through the hands of United States
officials of $2.O90.s9O, 1856 So. Out Of
this amount the Government has lost
through defalcation only $l,O97,963 81.
Since 1861 the amount of money
passing through the hands of General
Spinner, United States Treasurer, has
been $50, 10Y, go, 2S2 81. OF this vast
amount only $55,O37 45 has been lost
through the dishonesty of the officials
in his Office.
Since the beginning of Grants adj
ministration, the public debt has been
reduced upwards of $3.50, 100000.
Since 1850 the aggregate reduction
OF Internal revenue taxation has been
$2sS, 100000. eass aj 4
When Gen. Grant came into Office
the value Of greenbaok was about
soventy-fyc cents in geld. now It Ia
worth cighty-six to ninety cents In
gold. ~ .sk te'''f- 'a'5 q y
The decrease In interest on the pub
debt, during Grants administration in
in consequence of his payment Of go
much Of that debt, amounts now to
yearly saving of ga, l9l, 1856 90, which
! does not include the reduction for
Sept. 1872. *e"R 79il ii'f' Y
IN The total amount Of the principal of
the Bonds of the United States. pur-
chased under Grants administration.
up to Sept. lst,, 1872, is $27S, 500, $4,000.
The net cost of which in currency was
sSl2. 725y025 Sc. These Bonds have been
cancelled and of course cease to bear
interest. The above statement of the
purchase of Bonds, does not include
the six per cent bonds coverted into
lives, nor the redemption Of e past due
aud called securities e4 ssly sol
l'ts Our public securities stand higher
than ever; our public debt is being,
funded atvas low rate Of intcreste onr'
credit is good in the money markets
Of the world onr army has been re-
dnced to peace basis; every branch
OF industry is prosperous; wages are
high; and general prosperity through
out the land greets the Close Of Grants
first term.
These are facts that the people APP
preciate. They know the value of an
honest administration of affairs, and
pay no heed to the foul ISLANDERS rails
cd by the Greeley Democracy. Grant
still retains the confidence Of the peo-
pie, and will be as nobly sustained BY
the loyal millions in 1872 as he was in
1868.
-------sOs --- r
Mr.. Jacob Hoffman has just resigned
the Presidency of German Greeley
Club, in New York City, giving as his
reason that the promise of reform has
already been violated so fiagantly
that he can no longer be identified with
the movement. He says in his letter