New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1874-02-13
vOL. XXXIn... ..N"'lO,%5'
WASHINGTON.
TUE NATIONAL FINANCES

NJ -. .,,,S, .rpr RY--2ETEENCliMrNi ~
nvo,,y ,pyocvrrD-ruE SPEECH MOI -"
,.uvn eY TIE MAJORITY or THE Rt'
Inv rptxGR,rH TO TAX TRIBUNE ,,..od
Sv,e,uSCroN Feb. l2-Mf. D""- lay that
60 bours' epooeh on the ".'''0'' .,t;ro Touse.
a,,,,oted the close attention Oh ,.o as,osition of
,iol a olosr and authoritative oNpo9' co.
~ Of tbe Treasury asd It's prospects io'
" cf the present fiscal year 'isoiV"'
VIZ ,io Of .he extravaganza that mas cn''o-
'"''' ' 49, LEGISLATION and administration IA '"0
S,,,,,,opt of late, and an earnest 'pPo'' io
ID reform The speech VIII DO oc''''i '"
- abundant taXts for tine oppoS'uon n ',S
- ond orators IN the campaign OF neA' r"''
- DOT # its warnings are heeood ano i'' '.' ''.o
r'' = may prove of incalcnlable service 10
,,.,o,,v IN mower by saving 1T from 'iipc"'i'
- n - os n friend that Mr. Dawes uel.N ~"
N.cn,t;ro rcbakcs aud if his party aSSo, !, 'o' w
"a ,,ont by them he cannot % 'i'i'4'o -''
result ,..,h, r,ost of thc Ropub-
- some said, when talking on 1t Afterwards,
I"@'' .,o,,,,,sr others that it was tho effort OF
o,,ooic stlrnist: and the superSefvieesDio psi u
on,do.lorcd that Mr. Dawes had made his resni"'
.,,,,aI attack mon the Administration mo mort
u,,,e5tcd and prudent mcmtcrs, however sA"
,h.t t,o so..ch was inst whit was needed ~ u'ls
g. ,ybo,, tho House IL ALTERING IN the pain Oh
retrcnohmeDt .no r.oos.
Ar Dawes's showing of the condition OF The treas
urv was moro encouraging than most Oh h'' '"'
snticipatod. Reckoning all the appfopil"'iohS io'
fine present fiscal year. and odsettng chem VIII tno
:,.,d ,.,oo,e sbowed a deficit of S52,N1UVO;
lint when the outstanding uneXpeh"en "il'0i- ="
,iops of proyious years. which Will lapse ana pc
covored into tho Treasury, were deducVeu' tnCIo
,voald rs,nsin no said, a surplus OF S2J5OoOV0 Ihe
gflN Tn hn.,sf
Tr-a4,lry tegau the year with SOoUJO,VOo on h"u"'
eol void. tho.sfore IL this estimate were correct
..It.u.th about so O00O00 surplus, having III tne
,,..,, +i,,o increased the debt So0ooCoO But
ssa,ast :heso s29OOoC0O there were, Mr. Dawes
shaved. heavy prospective demands, The Deficiency
t,I tbe Sgrthern Claims Commission judgments,
,t...f..al Cl..us Commission award, and Che DH-
,,,rf of Columbia claim, reducing it TO about
cprCJt93 a laiiGce altogether too small fOI safety
ii tuortss d iii not provide for larger balance, I'M
t.ree1n c,utr gancios might arise that would send
the Government to protest
ST. Dawes was not in favor Of more taxation.
Tls Gayer9T1 l5 had never increased taxes IN time
cf peace H. pay its current expenses, and to do SO
would ba d.sccmaging to the people, who are just
i,soye,.ne Aoa the panic. An addition 10 The debt
lao deprecated yycn more strongly, and said II would
he fatal TO the credit of the country. To borrow
money toI the ordinary wants of the Government
would az Il did IN BuGhanans time he sure
evidence Of tho decay Of the party in power The
remedy for financial difficulty was III retroucmert
and economy
~ Dawes presented an array Of figures e show
how tho expenses Of the Government have Increased
Though measurable extravaganza. This etcteucut
At ti.c expenses siuce Grants Administration began
and t0c by pa,d each year may be thus tabulated;
lo9-E spauoure-. 500 OcOOo0 Dept pad..Eot stated
ESQ .Ci,.. $40, .00O Dcbt pIu.. $l1It4O D
Is-r D. peldiar"s.. 2)2OJO.J0) Dett pad. 9tvAU@
lsl4- l5Tp'uihuffs. 2TCNVW 4,,Dt pa. ys'g,V ="
Iol3-BSpouu' rrrs.. zylp1OW Dcoi YtIc.., 49o1@oo'
ITO nguies for the present fiscal year show
tho amount appropriated The gebt instead
oi b.,ng .s3uesd has been Increased 100000.
It, pointing out che proper places for re-
,rcncbucu. 1ir. Dawes dwglt part oulaIly
upon tha public buildings and the Custom
house service. Ne had list OF twenty ports Of
su.iy r,a.. wio tne receipts do not cglal Tie OK
pc -s fCI sl lies, and referred to tie eXt~aYagant
fcti.n Of thc i"s, Congress in creating sixteen new
inland por,s 04.u retiUues CT officials whose places
fic nn.rly ol s1ecurcs. lie had letter Ccad from
ti.a1 VIII, y appointed at one Of these places AT
: ..Vayoa. .0d who, finding there was nothing
FOR hm 20 do hrt TO draw his salary, had written 10
hs Senators 'ta' tho Office ought 70 be abolished.
v'',rauron .h"y had him turned out aud another
man gfpc'riet Dawes IN conclusion, after going
oyc' the Uo"ad pretty thoroughly aud pointing
cut tho chief leaks that could be stopped said that
s. Congress did It's duty, l.cgo would be an ample
balance 10 ,hc treasury without increased taxation.
81 - uoN .ssIe Of any form OF Indebtedness.
Gen. Garfield disputed the correctness of Nh
Iawes's statements of expenditures, saying that the
amount Of Che sinking fund was included for the
years tsa and 1874 AID not in The previous yoara.
~ deducted he insisted that 1t would appear that
thc approp ions for chose years were less than for
1870 hoing for the current year OILY about
S.1GOtUU