The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1874-01-16

ur,.. Of the United states 10 June 30. 1873
Mr. Rieharl.on furnishes the following
fioulreS.
-. . a. a. 80 .,
Navy department ..--.-..-.....- 2s,a-''-So "
Miscsilaneou. .............. 81 =, lI5 Os
Premiums paid on bonds purohAs-
ed ...---.......--.-.-.-----. 9'lo''Sis !"
$50, rs, 100 O.
Add pen si0ns 5 q, SIS. 425 ~
Auu interest '-'-' ! -...1-o-. : sls. lloll5 %
-
Total ACKNOWLEDGEMENTS $50, S4j-2i6 3
Thus the foundation j. laid for cOmpar-
ing the corresponding items for the fiscal
year Of lsGO-6l. which included the first
four months OF Mr.. Lincoln's term, a
follows:
war d.nartmen, ssgOr. ss) 81
Navy department. .......-......... 4, Sis .
Indians .-------.-.----...-.-- $500 %
- - -
sol sci AS Oj
Pensions ...-..-. 81 .9t. 5sl "
interest ...-..'----- 1000 - +. ,ss 20 ma
--------
Total .................... 80. u59, 2IS %
We have sena,-,ted what may be called
the regIllar expenses from those which are
~ . different notura like pensions ana in
t,-r,-.t an the nublic debt. And here i the
rpsulf.
For ls-a--s sl5s. sss. $50 os
FOR iso-si '..'.....' 81 1865
-------
difference .--.-....-- -t..t-- ss's''-'''''o =
By taking the population OF me TWO
periods INTO the account tlis eAcess "
comes SUI more starting;
Population by census Of 1870 ..... ss,t55, ass
Population By census Of ls,'s .--..- sl''i5, q
Thus while the population increased only
a traction over - per cent. in ten wears.
Tie exrenses rose over $50 per cent. or AT
the rate Of seven for one. This enormous
disproportion -heds 4 flood OF light upon
The extraya0ance ana corrup.ion of the
dominant Marty.
The army i doubled in cost. and 80 j.
the navy. without half n much efficiency
now a. in lSGO. And the Indians. who
have declined IN numbers na,e,..lly, now
ss,sinst three when there were nearly
twice a. MANY To support.
There i no Satisfactory explanation pos
sihla for his fri~htfll discrepancy. In i
rlainlv the resiIl, of iobberv. waste. and
rorrunt f:,yoritiSm. The sudden fortunes
aconircd by friend. of the Administration,
~ The trafiicking knaveS are called. and the
STYLE Of life affected bv those who control
these expendirtlreS M Washington. tell the
whole story.
In considered in connection with taxa
ton. nearly a hundred millions "A wear
would have IN b,s added 10 this appailing
aggregate. Mr.. Boutwell, boasted Of an
rieinafing the paymenf Of the public debt.
and The Philadeli,bia Convention heldit up
~ the greatest reason why Gen. Grant
A.. L.. !.
cial wisdom.
Look IN what il cost 10 carry ont this
abSurI :. nolicy.- exclusive Of The drain
upon the eapital and resources OF the coun-
try needed Tor ENTERPRISE and legitimate
business. Their. wer,. paid for premiums
alone on the debt thus purchased ten or
more wears in advance offs maturity:
- a. ~. :.
In III s'9Is. ~ "a in ia 500, 80 70
--
Total. --..----..+.--- - % 'aS' "
such folly seems almost incredible in
practical ACE. This deluson has not only
cost these extravagant premiums and
Swellel the volume of taxation but il has
eliminated In ruin. distress and the pros
tration Of every Industry.
The pretenoe that the reduction Of inter
est by the rapid extinction OF the debt
would operate rs a relief and more than
compensate for the drain of resources nee
c>sary for this object has long ago been cx-
ploded. The temptation 90 excess fur
ni.hed by plcthoric treasury has shown
the follv and the falsehood OF that absurd
theory. for at the very last cs>ion Of Con-
gres. more money was voted for unneces-
Sarv public buildings than the whole inter
ct prof.-Sscdly saved.
81 - - a.
principles which have hitherto been dis
carled. andto substitute something real Tor
the false externals 20 muchin favor. II the
policy be once settled that the public debt