The Leavenworth weekly times. [volume] (Leavenworth, Kan.) 1870-1880, 1872-03-21

tucu tdhcu UP Iuu ulsSuSSSu AShSth. AhS
previous question was finally seconded, and
the bill went over till tomorrow.
Mr.. Garfield from the Conference Com
mittee on a bill for the st. Louis Custom
House made a report aPpropria,ing 5000
OOU for the site, and 81, .50, COO for the build
ing. The report WAS agreed TO and the
House adjourned.
WASHINGTON, March 10.
Mr.. Trumbull, in 4 personal expiatation,
pronounced rs malicious and prepesterous
charge in the Hastings Mich, Republican
Banner that he, Trumbull. pockeied a SlO,-
600 fee in the McArdle case.
Mr.. Chandler replied TO Mr.. T.uulbull,
and was called to order by the Vice President
for using approbroius language.
The T.riff bill came up, MIR. Sherman
having the floor, who, in the course OF his re-
marks, said: Ii will perhaps be agreeable TO
the Senate that l state the facts as to our
finances that enable us now, for the sixth
time since the close of the war, 10 largely re-
duce the taxes imposed on the people. The
taxes alreadyrepealed yielded S2353, O00, eco,
and cur revenues still largely exceed our ex-
penditures. We are justified by several
causes in continuing TO repeal the taxes that
remain and which yield more largely than
twice the excess in former years, and more
than was estimated by the most sanSuine
person. The production of the country has
largely increased in almost every department,
and has been actively and busily employed.
The consumption by our people, which under
every other system oftaxation Is chiefly the
pasis ., 'aAa'iu", nj, ". ;alo.,tJ y,
our industry, been enlarged ana incfea.ed al
the same ime. Inc national eHPehui:uie'
are diminishing anu our financial cUnui'ion
Is improving IN every paitieuia we ale
slowly but surely, without contraction OF eA
pansion by increasing 'he Uses OF cur paper
money, approaching specie s'ahda!d:
The interest on our oep' Is Gaiiy o,niihish
Ing by the payment OF the puoilc oeo' anu
a reductaon OF the rae OF interest on 'ha'
which remains. All these iaVoraoie circuin-
stances enable us TO approach iur'her ieuue-
ton OF taxes with more system ana ihiofhia-
ton than formerly, ana tfus' WIN siliceie
desire to make reduction IN s,cn way as 10
afford the largest amount OF reiei 10 'ne Peo-
pie. since the close OF the War was .he hish' ,
public poiicy 10 maintain our revenue large!
In excess 10 our expenditures. "r 4 la su
plus oil revenue was not only hseiui 10 Pa!
unllquidatins dep,, Duh was Oh sfea' iilp"tt
ance In re-estaoiishins our puoiic eteoh, N
Imposing our currency anu "a reuuc.ns anu
increasing the rate Oh interest," Iu' tns '.ilie Lac
now arrived "heh We can saieE ieueei o''
revenues 10 pareiy enough 10 pay eAPe,:e>
oil government, enonlcaiiy auininis'eie' IN
terest of public debt and such additiohai' as
it may seem to be good poiicy TO Apply Oh
principal.
The expenditures during the ias' hscai
year, ending June 5oth, lo.l' ana ior 'he
current fiscal year are partly estimaied al
S293, 4o3,5s2, ana ior me next n7cai year
are estimated al Sow, "o. hhese sums
exclude the SINKING i''nn ana al PaEheh's
on principal OF debt. Inc het receipts Oh 'ne
Goyernment during 'ae las. o ns s., yea,' emu
ing June 81, loal, were F1o"'o-'''fi, anu
for the current hscal year 'fey ale eStiil.a'eu
at SOD, Ooo,ooo. Ire ac'Iiai surplus revenue
for the year ending June 'o' ioi, was ''i,-
l46, 40; Tor the current iiscai year partiy e.
timated, s9l, l94, g9i ior next nscai year
estimated at Sso,9 no. ~ Is not propapie
that any material change VIII DE maue I'D
aggregate appropriations Tor Inc current
fiscal year While cur current i'ceif's are 50
LARGELY IN excess OF their ESTIMATES.
The estimates oil the secretary Oh the
Treasury contemplate reduction oil eApeh,
ditures FOR the next iiscai year, as compared
with this year, OF over S-o,ooo,VoV, or Ia as
compared with last year over Si',oVo'VVV'
Estimates are based on apPropriatious re,
4nired ~ expensive laws. ihey can DE anu
ought to be Diminished IN seveia, 'inp1i.an.
branches OF the pubic service. ing aDono %
OF ,he irank!hs P.,'he .ne So :,oi
pupiic Prih'ins' ue ieu a',',;n % nv -
revenue SERVICE, e n;,s,; y H. .A -
sion !is', cafe ii h.;,a;. y, IL t1 a FL
Priatioi's Ior Pupic puiius, anu 10
cuttlns on Oh EXPENSE uiat gre" ou, VI LIZ
war Dull nave sui'iNeu VI: "", " a. =
US 70 'epeal olhef axe .I "i'n N,I ,J! - ,he
PaD,ie service o 5 'me o; ,m.i oon mn III, ;s
wants OF siea. anu s.o~'ns , ~
ouiS: a. nc" 49," -. ,';,L;,, 49,,
Limits and into far distant countries where
c;vIlizs,Iod Is more and more Influenced by
commerce with the United S,a,es,-all these
comneI a Gradual increase of inst and proper
expenditures. Such an increase does not
indicate extravaganza. but il indicates growth,
health and strength. There is another
Cause of the nominal increase of
expenditures which operate slowly and al
leDtly. bu, "a surely as the march of invention
civilization. il is in the changing of the pur-
chasable power of money. Since the close of
tho war We were having in,eres, at the rate
off, s-1O nor CEN, now We can readily bor.
row at ) per cent. and are negotiating at still
io-.r ,n,es 0,,r rurrencv ,nnroyima,e.
..,"o;. s,.nJ,rJ ,rd The ,oysrnmen, Il
sirono .ranab ~ re.ur,a snec;e n,vmen, a,
~ yom.n, TIM being only = 1ues,;on
,hs domestic noi;cv "a !, is effects The debto,
I'D cr.J;,or and he nrodncer and consnn.
o. The ba,t;no .v.tem is 20 ceneraIIy dis.
,r;buted ,ba. Il furnishes a Uniform currency
and onlv awaits mandates from The Govern.
mon, 10 maintain !, at mar with gold and all.
~ We can easily nav ctf tho n,,;on,I
Jsb, in ,b;r,v rear. and l., Zach Connress 70.
naai and rsd,,cs ,ayss
fe'' "''N ~ Mor.r
=,
MI neaay, .oni the oomn;..'.e On iin'-
ing announcer Una! 'ne committee mao pre-
pafea Dill iof pruning S9hgleasionai pro
ceedings, and "hicn ~1u.o Ieouee Me eA-
Pense sloo,oo0 year; out not"Ihs'aha,ne
this the propfiet0fs o. lhe uiooe wee LOBBY Iopoy,
ing 10 get passed On Mohoay net no ane "e nav.
Oil, wnlcn ~, Soula give .neM " -
IT, -. H. 80 ,be confederation