Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1873-10-22
HOW aRANT IonRlEn.


al. v. Rs" writing from Lsnchburg
Virginia, to the Cincinnati Commercial,
has This to say in connection with ex. Presi-
dent Johnson's deposit in the First National
Bank Of Warrington:
"While President be saved from bis
salary sp0ut eighteen thousand dollars
| year. NO one ever accused him Of being
stingy or mean. On the contrary, be is
generous and lives well, but on q scale of
decided simplicity"
i should be remembered that Mr.. John
son served IN THE Presidential Office at i
TINS when the cost Eof living was much
higher than since the respiration Of his
term; and Il appears to have cost him only
seven thousand dollars q year to keep the
White House in style equal to that under
hiseuccessor. Yet Roderick Random But
Ter stated in speech TO bis constituents a
few days ago that Grant, when lobbying to
get his salary increased, "tcld bis friends
they were going to make beggars out of his
family" and Grant appears to have gone SO
far SIS to state thai he "aad expended
$4,000 over and. above his incomes It
was by such appeals as this that Grant got
bis salary doubled, and then only by agree
ing to approve bill giving back
pay to the members of the
last Congress. Now this statement Of
Roderick Random Butler is not that of a
Democrat nor Of an independent" bat
comes from persistent supporter of the
Grant Administration, and hisssspeect is re-
ported BY one Of his own home organs.
Now if President johnson could save SIS.
600 out Of his salary, ought not Grant to
have done equally as well, when the cost of
living was considerably less johnson spent
as much money in giving public entertain
ments as Grant has, but be did not spend
as much ain riotous living' at the SEES shore
for bis own pleasure and to the utter neg
lect of the public business, but we submit
whether the people ought to be taxed to
support President IN living such life.
Yet President johnson who thus preserved
the dignity of the Presidential mansion,
saved $4,000 a year out Of his salary,
and Grant goes whining to his friends de-
c'sring that ''they were going to make beg
gsrs out of bis family" and that an increase
OF his salary was the only thing that would
prevent this catastrophe. What do plain,
honest people think of such President.
>%-
GERMAEY'S Indemnify MONEY.
Nothing in the history of modern nations
has caused more surprise than the rapid
payment by PROSTATE France of the enor-
nous war indemnify exacted by victorious
Germany. 1t is well known to-day that no
ore expected its payment by the date speci-
ned, March l, 1874. Prussian statesmen
thought it would require ten years, and
many French politicians anticipated still
longer period Of travail. To the astonish-
ment of the whole worli, France has
begged the privilege of paying off the score
before It was due, and on September 5, |
1878, the last franc was paid. France
has therefore paid to Prussis, in |
twenty-six months, the sum of 81, Ill, $780,
400 gold, capital and interest, including the
$40 100000 for the ransom of Paris. This
sam is about half the "national blessing" |
under which we groan. Four times the
amount was subscribed, and the vitality
aud riches of France so effectuaIy demon
sTaLed that in any future emergency she is
likely TO command the unlimited confidence
of the worlds capitalists.
An interesting item in this connection is
the disposition made of this eleven hundred
millions Of dollars lby The nation receiving
it. In late foreign mails we note the fcl-
lowing details;
Old Confederation of the North S21, 595, S25
1osVaIla. 100000. ,..s....... 2,9O7, 765 /
Wurtemoerg. -............... 1870
DSuen. ...s's.'s 753,690
southern Hesse. ............. 373,995
Three hundred million dollars have been
placed in the hands of Bismarck to dispose
of as he thinks best for the interest of the
State, which simply constitutes him the
first banker in the world, sinking the Roths.
childs, etc, in the shade. This sum with
the interest on the war loans and the ex.
penses of the war, which were S448, 49,, 900,
leaves only S51,0O0,00O to be divided be-
tween the States of the Northern Coufed-
eration, and the entire indemnify will have
been absorbed for war purposes. How far
the Southern States will be content with
the portion allotted them remains to be
seen. The Bsvarisns, who lost in the war
10 per cent of their soldiers, might find their
of the indemnity too low, if they
had a real king instead Of the bon honune
Ludwig.