The Andrew County Republican. [volume] (Savannah, Mo.) 1871-1876, 1873-11-14

iHE POLICY OF THE REPUBLICAN PARTY, AND
WHAT IT HAS ACCOMPLISHED IN THIS DIREc-
TIoN.
From the New York Timesl
From the close of the war it has been
the policy of the Government, under its
Republican Administration, to restore
specie payments to the country.
Row that this policy is on the verge
of success, it is not improbable to look
over the extent of the ground already
| travelled, and to note with what steady
and firm courage il has been pursued.
80 the country may better measure the
distance yet to be gone over, and nerve
itself for the last and crowning effort.
Mr.. Secretary McCulloch, in his able
| and lucid report of 1867. states the pub
lie debt of the United States to have
reached its highest point on the 3lst of
August, 1865. when it stood at 81. 757.-
6s9, 9,571.43. The October statement of
Mr.. Secretary Richardson states the to-
tai indebtedness on the 3Ist of Septem-
ber, 1873, as 81, 13S, 1913, S9S17. In
| both statements the cash in the Treasury
Is deducted. A total reduction in eight
years of S6lS, S95, ,673.26. The history
of the finances of the world shows no
record of any such remarkable feat as
tbis Alone II Glands on6 will stond 70
i, hioic ~ 'tdiiliS, anu wiz Su"hu W
the honor of the able men who have con-
Quoted the national finances, and an i'm
perishable record of the boundless re-
sources of the country itself and the in
flexible courage of our people.
1t is upon these resources and this
courage that the hope of finish of the
rao,,t ;s ran- fo',naad iN0'> f'''
'', aLaI. - r.om -. ,I Ill Al,
I,oI,t ao,,s;Stia =, .1,a - IS ~ 49,.
~. 80. - =. II. "a :. t''
II ''-'>' " NV"
pn a. .1.4 .s ,,,. ,oe- .,,,.,
,rara of '''' ''''-'
Funded aud matured debt t-....sl, Ill OIl, ,3ll SO
Ten,noraTy insus ccrtiacatss of in.
dehtedness. etc .................. 4t3.223, l0JlG
nned @ States sFeehDaekS ana iFa'- ,-,-o-,,,,
S2.s43 796, sc
T,,nisi,ani Srsi ~ MINUS c. ,o- ~, u
Total debt United states 81, 7Gsa, a,57l. -
On tba 31et of Sant.n,ber 1872 tbara
wore of
Funded debt. interest in coin l,7? 90 5000
Ma1nr.d debt ','". '..,,'. i57Ss,Ig59S
Certificates of Indebtedness. G7s.coOO
rrtr,Ss o. ia dtt. , " ~, I9, 90
Unpaid interest est................... 32usi. .52s a
------ -----------
Less c-s, IL, Treasury ~ .5.I go -
Total debt United s;ate...... LBS, ,793, sg..I7
III, g.. - .. NJ, C..
,1II.,1i, M i.'Ite Va ut =. ~, T
.,...'t -. On. -:
t"i,t bai tiii' ,i;a, Vas ~ ~ VI ;nr ii5n.nms sa,
oIa1.i,oI ~ .hadIs af .ba Trnas,,r, - -,
90: u.ha. ,os ,,nas;Iia nd f,nj
- II: fo1- - ~
ln5 .n'y oai'. rs " i"'''' FL, ~.
tIin eim go. a. IA, "9 Pi"utrCaD.f, I,. ,'a W
Hano 5n1 ooa - -, ,I,I;n,a,;s 'ii
80 Iii L,o,,ls 10 Las -, nc ,r;JnI,.
Lii IL sJt, Diie'' -, LI ii'' H. - bo' -
- ~, H. a.I-n,. -. Co.. a.
f.a,, 80, :, ,aao',. - hoe rar,,ari,oi rs
~ 3D., rI;,,l,t i,o,,, Laa,, Ill -
l-n. - e,,a,ol ,,;,';,tlr p,,t .t,i' ,a,.,.
a a. -. - & L;o No.
-, IL,'a,-Lt - 81
:. 10, ~ s.,IJord :, +ba
~ up ~ .l.a.. ns a. I'll -,
- s. .na M frs. .Ia+ tLo fnancoo ~ .he
United States must be put upon the
game level as those of other
a. 20,
naIlonS, anu, aware ol lht ullilctitieS III
tbp way of "A speedy return TO specie
P"! nv " pm
that basis. No greater proof of the wis
dom of his policy need be asked than
the favored and firm hold that these OBJ
legations now have among foreign na-
tions-a hold that they could not have
maintained on currency basis Salts
fed as the European holder might be
as to the ultimate value of his invest
ment, he locked naturally to Il specific
coin interest. This the conversion from
the currency obligation to gold BOND
provided.
The next step of the Secretary was