The daily gazette., 1874-10-28
NO. 4SS. WILMINGTON. DEL. WEDNESDAY. OCTOBER
From The Deianarean.
Delaware FIna aces and Radi-
cal Misrepresentation.

DelaCare Finances and Radi-
cal Misrepresentation.
| Every taxpayer should be we'll in
formed in regard to the finances of this
State and their management, and the
officer entrusted with their care should
feel it his duty to furnish the public
with true statement of thdir condi-
ton whenever tho information may
appear to be necessary for proper
understanding of their nature or char
actcr. The recent appearance in some
OF the papers of this State of false rep
resentations in regard to the States 8
financial condition, whereby honest
people may be misled, or receive erro-
neous impressions, has, for the reasons
stated, constrained me to, and is nv
apology for writing this article.
! Our State debt proper was created
for three specific purposes, viz: to pay
| bountics to voluntees to serve in the
late war to pay commutation to the
| general government for men drafted
into the military service of the United
States, who were not able to pay it
| themselves, and to enable those not
substitutes, for the general govern
ment had refused to accept commuta-
| tion from drafted men; amounting
in the aggregate to$1 i IL, 600, as follows,
viz
Bounties to volunteers, $151 900
Communication money to gen.
eral government for drafted
men, 1874, 900
For substitutes 5000
Total as above, $1,110,OOO
The State has also loaned her aid to
internal Improvements, and for which
| she is secured by first mortgages on the
junction Il BrealSwater, and Breakwa-
| ter&Frank nkfordltailroads. The former to
the amount of$400, ,000the latter$20O, 600
The Junction & Breallwater Railroad
Co. has always paid the interest on
her mortgage, and it is likely she will
so continue to pay. The interest on
the mortgage for two years on the
! Ereakwatcr 81 Frankford Railroad
has been paid in advance by the reser-
vation OF $24, 900 of the aid loaned
that company. The State having here
| toiorc always been reimbursed for
whatever OF interest she may have paid
on the Internal Improvement bonds
loaned to those companies in the pay
mcnt of interest by them on their re-
spective mortgage.
| In view of the above facts, can it be
truthfully said that it is debt for
which the State has nothing to show.
What has the State to show for the
81 100000 war debt, and which is, in
fact, the only debt for which revenue
must be raised pay the INTEREST," She
has gratitude enshrined in the hearts
Iof her citizens by giving those who,
with patriotic motives, volunteered in
the service of the United States $151, )
600. And when there were none who
wished to volunteer, and the general
government was willing to accept com
mutation money from drafted men, the
State came promptly to their relief and
appropriated $194,OCO.
And when the general government had
refused to accept Communication for draft
ed men-w.th raft after draft depicting
our agi cultural districts of men, draft
ing into the military service orly those
who had not the pecdniary means to pro
cure substitutes, many of whom convert
ed thc'r title al into money to enabl'
them to procure substitutes; while 9th
sers contracted debts never to be paid, TO
that purpose ith gloom and despai
depicted on the countenances of our citi
zens at every approaching draft, and il
answer to the prayers and anxious solici
: tations of citizens of al political partie
. for relief, the leg stature, with that tru
devotion to the welfare of its constitu
ents, which l hope WI" always character
5 appropriated S765,000 to furnish substi
c tutes. The citizens, many of whom wer
the recipients of the muniticence OF til
. state, have, at every subsequent election
: endorsed the action of the legislature j
: the creation of this debt of 81 lilo, 900, an
, L doubt not they will so continue to do
!. The demands OF humanity, and the cor
! sciousness OF having performed genel
, GUS act is the full consideration for thi
debt, which is in rapid progress of extiI
y guishment. Within the last three year
this dept has been II duced $257 900. Th
! demands upon the Treasury in JanuaI
next to pay S121 GOO, the balance of tn
debt due at that time, it is believed wi
be promptly met without borrowing
Q Now, Mr. Editor, what is thought the e,
J itor of the Milford NeiUs, who wrote ar
!. published n statement that 1.-The Dem
i cratic party in the State of Delaware ha
e cntailed debt of one and half m'liio
Of donors and for which we had notliir
!, to show" when, in fact, as every ol
" know $. the debt is 81, 900, and $500
: that debt was paid directly to that edit
Ic to procure substitute. lie who had n
&c the bravery and patriotism to face the fc
4 and is now fed at the public crib, was t
y, recipient of the mup;iicence of the sta
of 20 the amount of $500, now has the {
S. frontery to publisha editorial to be rei
es by an intelligent pub C that "the Dem
nc cratic patty hes entoiled debt of $
70 500 900, ana for which she has nothing
al | show" We are taught that ingratitut
is sin of the aceatest mag nitude, to
~. atoned for in the greatest humility.
ts, - cannot close this desultory commu
ication without referring to our Rep
Int sentative in Congress, }. Il. Lofland, Els
who, during the canvass in which he "
ty elected. made profuse promised that
So would, # elected, bring the subject
: Is our war debt before Congress with
at view to obtain an appropriation to p
is the same that e elected, he would be