New national era. [volume] (Washington, D.C.) 1870-1874, 1872-08-01
"OdiOus Com parisOns."

created among the Greeley ana 1amiI1aHy
organs of New York and elsewhere, and for
the malignity of their personal assaults upon
him. In his speeches there he stated facts
in regard to President Grants administration
well calculated to alarm them for the success
of their conspiracy against the Treasury, and
made some comparisons-which are always
odious"-that account for their vindic-
tive attacks upon him. To those who read
his speeches no wonder will be felt that the
Tammany candidate, his personal organ, and
the whole gang of corruptionists and apos-
tates are so indignant that he should desert
his post Of duty for a day or so to discuss to
the people the political questions of the day.
His statement at Greensboro, as to the
thorough manner in which the revenue has
been collected under the present Administra-
ton, and his comparison between the cost
now and under Johnson, will show how false
are all the charges of corruption and incom-
potency of the Tammany organs.
On this point, Secretary Boutwell, stated
that the average rate of taxation during the
first three years of Gen. Grants administra-
ton was very much less than the rates dur
ing Mr.. Johnson's administration, for, al
though reductions were made in Mr.. john
sons time, the first of these was in July,
1866. 1t is ascertained by careful COMPARE
son that if the average rates of taxation dur
ing the last three years of Mr.. Johnson's
tended over the first three years of Gen.
Grants, the receipts into the Treasury would
have been greater than they were by the sum
of $2SS, SOC, 900.
From this statement of facts Mr.. Boutwell,
drew the logical conclusion that with the same
facilities, or the same amount of taxations
that were enjoyed by Mr.. Johnson's admin
istration, the legal payments on the pub
lie debt during the first three years of Gen.
Grants administration would have amounted
to about 5000, 900, 900 and that the payments
toward the public debt on the 3Oth of June,
1872, would have reached the enormous sum
of 1868, 100000. This statement shows at
once the reduction of taxes that has been
effected by Gen. Grants administration, and
the immense losses by fraud and corruption
under Mr.. Johnson, due largely to a division
of sentiment and purpose between the Senate
and Executive.
Upon this subject Of taxation, in order to
show how greatly they had been reduced by
a Republican Congress, and what burdens
had been removed from the peoples should
ers, the Secretary showed that by the act of
June 6, 1872, the revenue derived from Gus
toms is reduced, by estimate, in the sum of
s3l ,227 ,76l, and internal taxes 800, 65l 900,
making total of ISL, s7S,76l. The duties
from many of the articles of necessity, or
which enter into the manufactures of the
country, while the demands of the internal
revenue system are limited to liquors, tobac-
co, banks and bankers, proprietary medicines,
and stamps upon checks. Under the new
system the people will be exempt entirely
from all direct taxation by the National Gov
eminent, and will never more see the face of
the tax-gatherer.
In this same speech, Mr.. Boutwell, referred
to the stupendous falsehoods the rebel-Cop-
perhead Democracy invented, and the Tam
many-Greeley Democracy have so industri-
ously retailed since, and thoroughly exposed
the rascality of its authors and the meanness
and hypocrisy of its vendors. He asserted
and no decent man will question the state
ment-that in August last, instead of there
being $40, 100000 due from internal revenue
collectors, as these false witnesses charge
there were but $2,75O, l26; which sum com.
posed all the defalcations under Lincoln's
and Johnson's, as we'll as under Grants ad
ministration. Of this defalcation 1929 ,OOC
occurred under Lincoln's administration, on,
million screen hundred and JttyJfve thousand dol
lars under Johnson, the faithful exponent Of
Democracy, and only sIxTY-FOUR THOUSAND
DOLLARS during the three years Of Grants ad
nainistration Thus vanishes into thin all
the only serious charge the Tammany-G Gree.
leyites have been able to trump up against
President Grant and the Republican party
Their whole capital in trade is annihilated by
this simple application of truth. What next
The result of this honest, economical, and
wise administration of the affairs of the Gov.
eminent has been to improve the nations
credit far beyond the most sanguine hopes Of
the country when Grant was elected; and
its tendency is towards the resumption Of
specie payments at an early day, unless the
fear of Tammany triumph in November
shall depreciate our credit to the old Demo.
cratic standard of 1868. And this does not
seem an improbable danger, since the bare
nomination of candidate in the interest Of
that gang of public robbers has carried gold
up, or our greenbacks down, four per cent
making loss to the people who hold them
Of sixteen millions Of dollars in two or three
months
But by the establishment of our credit be.
fore Greeley, Tammany, and the rebel-De.
mocracy clasped hands across the bloody
chasm," the Administration had redeemed
5000, 100000 six per cent. bonds, and in their
stead issued the same amount of five per
cent. bonds. And Mr.. Boutwell, expressed
the confident belief that unless some I'm.
favorable circumstance arises, such as the
restoration of the Government to the hands
of the party which shed so much blood and