Carson daily appeal. [volume] (Carson City, Nev.) 1873-1877, 1874-02-14
SOMETHING OF THE FINANCIAL
CONDITION SF THE COUNTRY.

the financial condition of the country.
Condensing a condensation. We come to
enumerate TIE following statements
made bv the able Massachusetts, Con-
gresham: He sail that the repeal OF the
ma.eh-stamp and bank check stamp laws
lost the revenues rot less than So, 0Oo,-
OGG: that the ob!is lions OF the fiscal
wear are 1888. SIS 900 and the total re
sources S3il,7sa. coo. leaving n defc..
in jane rc1. of So. 553G4o. THIS de-
felt wou,d be lessenel by the non eE-
hausiion OF appropriations. probably.
(bu. til. appropriations would BE- .o'sse,i
M, so The deceit voa.d really exist
There wouid 5e q deficit OF 1900. 0G3
IN the Indian Bureau: and hs estimated
the miscellaneous deficiency at -, G00,-
600. He had never known the deficiency
bills at any session to De less than S.
O91. 900; and had known them 10 reach
TO sI3. 900, 900. Here We resort 20 the
telegraphic report:
No man would take uToa himself the
Duties OF the Tr-a 5,lry D-pa. tue.it III
the face of tie liabilities OK slch bal
ancs. with the monthly expenses Of tie
Goverrn-u. in excess thereof. sn.esS
provided hv Congress with some means
on which lie could fall back. The re-
ceipts OF the frs. seven months OF the
pres N. fiscal year compared with the
receipts of the Co.'s, =. il4ig period o.
the last ii..,-I ga. Shy \ falling of Of
..r.r SE9, O,la G3G. aaI the receipts o me
last fra months Of the LAT fiscal year,
compared with the estimate OF the same
months the present wear, show q falling
off of over ST.. $40 csc. lie then stated
in detail the reduction in duties made
by Congress on tea, coffee and other ar
ticles, aggreruIing over S,it,GVG, $50, as
the reason why having commenced the
wear with $50. 900 coo OF hand i ends
the year with only $40 691, 20 and an
increased pnb,ic deb. lie then argued
that some means must BE- taken TO in
crease this margin Of SlO,tCO,tJh in
order to assure the credit OF TIE Gov
ernEl-n,, and sail that there were but
three ways to do il: by Increasing taxa
ton by loan, OF by re-!rciion Of ezpeIi-
tii,urcs He opposed farther taxation
aud tA5Ugl, the people OF the country
v05iiti not saaElit 10 new I1cderS- he i,
was also opposed t. loan il 3 time o.
p-ace rs m error which would ruin the
pax. y rsso-ting - !. He then compared
the expenditures Of ti,- last six yo1r3,
showing that while ~ l~.2 the ezPc'!'i!-
t-res we're only S277. Aia.G01 AID So
0i6,0G1 OF the public debt WAS rsiJ. IL
1878 the expenditures wHTo S-.-.+'. NJ1,Up (
AMI only SO. oG!. G5G Of the public debs
Il :
CitGres wo1ll be S3I3, 600, eco and not a
dollar OF the debt would ba paid. tie
then referred to some extravaganza in
various departments Of the government
among them the maintaining of potts
OF entry III places where the receipts did
not BEGIN to pay the expenses. and the
large expenditures for public buildings.
which he said since 1865 had aggregated
over SIo3. 225, OoO He also spoke of the
extravaganza in maintaining so many
unnecessary yards and arsena!s.
1t seems to us that the frat thing TO
claim the attention of Congress is the
integrity OF tbs country and tbs strict
maintenance of its solvency, IL prefer
ence to any party, Republican or what
not. II the country is il dsbs not only
mus. tie people economist, but they
must submit to the needed taxation
whether i. be popular or not. The way
by which the extra expense can be the
most easily borne is By restoring the !
duty on tea and coffee. Now. tbs import
ers and jobbers in those staples reap the |
benefit OF their free importation. Tie |,
people, as mass, would not feel the /
weight of any additional tax if the d,;ty i
were restored. We DO not believe i. The /
soundn.ss Of arguments which find an
excuse for action or nOn-aetiol IN ~ |
estimate OF their effect on the party /
WHOSE fortunes are supposed to bs mos. |
susceptible 20 the influence Of those &c
tions. Heretofore the Republican party
has been distinguished 10y the courage TO
do RICH. whatever the consequences; ai!;!
whenever its existence depends upon is
evasion Of such duties, it is time it gave
place to Il party o: Iaors vitality and
ea,,re-e. We do not believe that it has