davidaulloa/AmericanStories huggingface dataset:
The People's vindicator. [volume] (Natchitoches, La.) 1874-1883, 1875-06-12

The rapacity Of the hungry Rad
icals Of the North is hard to satisfy
indeed. They ask and receive and
the more they ask the more they re-
ceivc, the more they receive the more
they require. Some day point will
he reached in this demanding and
yielding and when il does come some.
thing will snap sure.
We can't attend our own centennial
without taking an oath to show that
We are not priviledged to celebrate
an event in our history We had as
much to do with as they, fought az
hard for as they; although in our
humble opinion France did all the
independence gaining that was done.
This only goes to show the animose
Of the animal and what great num-
Der would do if they dared. And
still with all this We forgive them and
call them brotlers--bah! Let's he
plain spoken. We love the con.
stitution, the Union and the flag, but
we hate, with all the bitterness of our
souls, the bowling demagogucs Of the
North who cry Saint and worship
Satan. Take that and make the most
of it ye loyal hnmbugs.
, 1875-01-03

xzzu.5x-zz MEDICAL INSTITUTE eor-
ftf33 EAsEj ncr Washington and franklin,
&H4E3 E31,Ff39&AE3 chartered by tho stats OF ILL.,
Ea1&TH H4fHRXr1 nofs for the express purpose OF
@Efs4H 1aaHE3EM9tSN giving the highest possible
HHfs<# k4A&X1AKG&&H treatment In all cases of pn-
E$GAAA aEHEf3}f1M vata diseases It Is well known
NEUTRALITY-SUSPICIOUS. Or. james has stood at tho
head Of tho profession for Jes1saEe and expert
a inpo.tan book for The nj, mt,liP9 ires os 10
Pnples tho Faee. etc. Ladies' requiring
tho most delicate attention. With home boAzd otc ea
write. StEic II confidential O:dco, T. until p.
6uuday., Iu to H.
, 1875-01-03

Few Senators mud Representatives Mt
tho Stntc Capital as Eet-Nobody Able
to ForeteI1 Anything Regarding the
Officers to BE Elected, and Every
body = Laying LoN-7'
Special D.spatcA to Th< Chteaos T7lbsse.
srR1xo71E1n. ILL.,, Jan. at Was e1pected
that there would be quite number OF the rep
rcsentatives OF the people in the city by this
time; but few, however, have ret arrived
Among those who have appeared at the hotels
are Senators Early, Marshall, and Glenn, and
Mr. Cladin, Of Tho Fourteenth It Is,
therefore, impossible to conjecture
or speculate upon tho probable
organization. There never has been time be-
foe at the approach Of session Of the Leg1s-
lature when it could not b. told with some de-
gree Of certainty who tho candidates for the
various Offices would be- Tho Deposition, up to
this hour, have not presented man. With any
unanimlty, for an Office which entets into
the org g4nization OF either House. It
Jefferson county,. has been spoken Of
by the press in the southern pa!e OF the
State for President OF the Senate, but there has
been no general purpose maoifessed TO bring MN
on. as tho party caucus nominee The same ls
true Of tho House. Cummings, Of Fulton, and
Armstrong, OF LaSalle, have bean mentioned ~
their respective localities for Speaker, but it
ended with this. There is no one mentioued
in connection With the minor Offices
Why7 There is = general feeling that Pen PEN
attempt to effect coalition with the 1ndepend-
ents, Liberals, and Farmers There is no other
hypothesis upon which their apathy can be OK
planned. If it were certain tnat they had any
show to secure the organization, there "oud be
Thousand hungry fellows who have grown lean
from enforced absence from political life here
eager to get places. There would be d
score in either House willing to
, 1875-01-03

- l.
D..1,ateA to the Ke.e Tork Heru'd.
T,usDox. Dec 28.-A telegram from Madeira
reoorts :hst tho British ship Coapasrick, which
has been burned at sea, was bound from London
to Auckland, New Zealand She sai1ed from
Iondcn. Sept IL. and wsa spoken on the 2sth OF
October. in lat II s., Ion. 81 ~ She took fro
daring the voyage, and was totally destroyed
on Thursday, the 18th OF November. The disas-
tcr occurred when the vessel Was In lat. 81 s.,
ion. u E., OF tho Cape OF Good Hope 1he
British ehip Sceptre riczed up ono OF the boats
of the wreck These we1s the Second Nate
uamod Henry Mcdonald, aud tso sailors. They
I'D oeep ten days drifting abou! IN the boat
During = greater portion OF this time they
eusta n2d their lives by dr1nklnR human
t,,od and eating human flesh taken from the
Bodies Of othets, their companions, who died ID
xae boat, The remainder OF the crew OF tho
<s,soattlck, four cabin passengers and AZ steer
are rcssengers, who had em1grateo undef soe
Goytrluent regulations for Aust1alasla, axe sup
= osed to hare been lost
Tic Goyernuent emigrants were, for the most
ca,t, agricultural laboi era, Who left England IN
consequence Of the operation OF the recent IA
hor ttt1kes Many Of them were married, and
x.ero accompanied BY their families.
Yesterday afternoon 3 Herald reporter vent on
hoerd the ship Forfarsh;1e, now lying at Book
1yn. which vessel belonged to the fame owners as
tie ul-faied ship Cospasrlck, burned as sea *nlIe
fu her voyage from London to New zealsnd-to
go information respecting the unfortunate yes-
e.: 1rhe following il the ata1emeut Of tie Cap
t:;r Of the FoEfarahire:
:. The CoEpatrick has been employed for many
years p,st IN carrying British troops to 1Ddla-
E5o has run O: late years in Shaw sav1nes New
Ica}xnd passenger line. Tbs agents OF these
rcsscls. TAen they come homo BY way OF New
5ork. nre A,kell. Tufts i Co. The last voyage
the Cofpatrick took previous to her fatal tnp
WIS she'd carving coolies from Calcutta to Do.
uers1a, She was fngate built, IN the 1asnaon CT
, 1875-01-03

DEATHS FROM IAN

DEATHS FROM IAN-SE-
CoxerAxr19oP1E Jan. 2--Accounts from As1a
Minor SHOW that the distress flon famine Ii in
c1eaaiug, and many deaths occur cally.
, 1875-01-03
THE STOREY LIBEL CASE.

THE STOREY LIBEL CASE.
WIT THE EDITOR or THE TIMES BACKED WATER
The readers OF the Times yesterday morning
we're doubtless a&tonlsbed when they saw the
annexed paragraph in the first column On the
editorial page:
Tbs recent articles published in the Times rejecting
upon Mr. n e Fairaank in relation to his connection
with the brc-relet funds, were bssed upon ni.9p-
rrehep6iop Of fact, We are now informed, and be-
ueve the fact to BE- that M= Fafrbank has never a-
r7opriated doat Of any relief fund to his own use,
but that the money paced in his handa VIZ promptly
aent to the committee in New YORK.
Such 4 candid acknowledgment from Mr.
Storey, that be had s]andered Alr. Fairbank, Was
unanticipated. and the retraction WAS attributed
to desire on his part to show that the attacks
were not prompted by malice aud, by this means,
to influence tho 1ury to be impaneled in
the libel case- This, however, would
seem not to be tho motive Hr. Storey had
been told land based the 11be1ous articles upon
the informstion) that, when Dr.. johnson re-
ION behalf Of the bankers Of Chicago" the
latter kept it for his own use. This wes recently
proved to be untrue, an Investigation
developing the fact that Mr.. Falrbank
had Immediately forwarded tho money to
NJ. Williams President Of the Metropolitan
Bank Of New York, who placed it to the credit OF
the bank cle1Es OF tllat city, tho subscribers to
tie fund Of which this 80, 500 WAS part. In
view of this knowledge, justice demanded re-
cautatiou Of what had been previously published.
and it wns made, TRIBUNE reporter Was as
sured, without regard to the pending criminal ac-
ton, brt simply because fa11ness required it.
l. reporter called on
Mr. FAIRBASK
10 learn what he thought of the retraction, and
WAS informed that he considered 1t ample, and
sufficient to prompt him to withdraw civil sui
II ono bad been brought
"But," said the reporter, do you intend to
prosecute the criminal action 7"
ssTbat is beyond my control, Was the reply ;
Mr. Fairbank adding, :" have consulted with no
ona aa yet, and cannot really say what will be
done.'
1t seems that several persons have been to sec
Mr. Faitbank With refe.ence to the libel suit,
and that ho was asked If it could not % eet-
tied BY complete retzaction. His aAbwet
was that he would be satisfied, but
that he could do nothing toward compro missing,
since the natter waa entirely in the hands OF
States Attorney Reed
The counsel Of Mr. Fairbank and Nr. Reed
held consultation yesterday afternoon, the re-
suit OF which is not definitely known. but it is
presumed that the suit will be dismiesed Monday
morning.
, 1875-01-03

Tho AveraSo Anaount duo each depositor ts $lA6A
On Dec ST. 1s74. "a por cont Of THO deposition. have b
thsE credit on the hSok: Of tie bank less thSn a. he
Tentsik Of tho dcpo.tet havs balances rans
ing fri.n $50 $3.p averaging $aon Aeoount a
poe whose balances range from $loo to $ a.esss-
in= $252 81 each account p3r cent Mhoe balances
whose balances exceed slcoo thoir avw1gp oeng
81, ,9{3.31
Tho average arnnt Of each deposlt made durtug tbo
year $59.84 (65.s9-1s73; 67G*-tss T. q -lain Tia
91.e8-l813; 73-a0-1871}.
Jan. 5 lis, ,es5-l873: 2, E1-ls7s; Hoal-1371G The
smallest a11onnt receirsd n nne d:y Vas March 81s
laid out IL da5 On In ~ ss g. ~
In ono day wzs Oct. e. sz37 {3-lss3; a041s73; 4as
1e71}.
during tho year was Ja1. T. 10 CH-May H. y L.
Jan. {. '79}.
Tbs number Of tbs ledsor Of the bank s 9t ~
, 1875-01-03

An Atdermanic SqunbbIe.

An Afdermanic SqunbbIe-
New YORK, Jan. 2-Members Of the Board Of
Assistant Aldermen assembled at the City Hall to-
day and marched to their former chamber, where
they proposed to organize for the year: They
we're met at the entrance by posse Of police, who
refused them admittance and finally drove them
from the hall. Patrick Toner, and William Z:
Denaorest, who claim to have been elected
Assistant Aldermen Of the new Board, OF which
they ere the only members, also met to-day, but
it is said deadlock in TINT Board Of two pre-
rents the choico Of Chairman.
, 1875-01-03
TEE BLACK HILLS.


TrooPH Sent to Intercept mineFss
CuEYExS1. 1IY. T., Jan. "A letter Just 10
ceived from the Red Cloud Agency states that Col
Henry, With ct ompany OF the Third Cavalry, lef-
that post On the 26th~ Of December, for the
eastern slopes OF the Black Hills, to drive
out invadi1 miners. Col. Henry's command
took thirty days rarions and forage, and we're
prepared to encounter severe weather. The In
dans at the agency were demanding that tho
horses, wagons, and other property Of the Black
Hills minert, should, When captured, be turned
over to thaE.
, 1875-01-03

new TORE, Jan. 2.-A11iTed, steamship Cuba,
from Liverpool.
Lospox, jan Steamships Russia and
Wyoming, from New York, have arrived
LIVERPOOL, Jan. z 2--Steama1ip Helvetia, from
Nav Yolh has Arrived out.
, 1875-01-03
LEGAL.
IE1xAL.
BANKRUPT SALE.

BANKRUPT SALE.
District Court Of the United Statees North
crn District OF Illinois:
In tho matter of ". i. Buffers and W. Henry Butters
The undersgncd Leonard g. Klinef, Assignee OF tho
es.io Of saa banSEpts hercb5 g1yes neice tnaf %
tn tho forenoon 1T the entrance 70 tho Rcpabio Lilo
Building L1Sal1ost.. between Madison and Monroe
for cash. tho highest bidder bidders i. tho right
derssaed ~ Assignee aorcsad in and to ths following
da,e;ned 1eal State being @ s 10 1ott n 10
Tor1itory Colorado, said lois bens 1l65 foet each
Also policies Of insurance IN following oo-
Nov Amsterdam, Q: New York CITY.
Also certain certificates Of stock Also the uueoiccod
aud de perao dsbts due aud belonging said estate
LIT whereof be .cqn sud u PaTIcnlazs had o1 sP
caxo, Ill. - LEoSAhD u. ALlNCh,
CHICAGO. jan. 9, 1878. Assignee Is Aforesaid
, 1875-01-03

In Of order Of the District Court Of tho
United Statcs Tor the Northern District Of Illinois, in
bankruptc5 in the above matter, on tho III day
Kegnes q ~ Bad!a6 II ga}io w1iSh sad
tion cash. tbs highest bidder II ths t1sh title
Cook County inots Lots Z md = la cfoekess sue
D. ~ Also tho sou haif of Lot n md tho norh hsf of
fSt IN B!Gek n IL the sshoG! Section Ada1n n e
,. NJ. beink the "Attrision Mill Property" soeal1cd
Also al tho uucoccted assess Of said estate and dcspc!
ch.ttel property and assets real aad psEsona q every
may b mndo Of tbs undsrignod hi. Office It the
ner Of Stats and Madsou-sts, ChicaKo.
Dated Dec. IL 1874. JOSEPH =. OTIS.
Aesfgnsc Of said Bankrupt
BrErrKn j WHIroS Attornys.
, 1875-01-03

1oxpox, Jan. 2.-Ihe Times says: "Ihe
svies. Austrian, and Belgian Governments have
AdoDted stringent measures against the i'm
portation Of American potatoes injected With the
t-olo, nd . beeile."
, 1875-01-03
GERMANY.
l7Af Y.

dAnrBAIpI WILL NOT ACCEPT NATIONAL AID
RomE. Jao. 2-Garibald has written q letter
declining the national grant for his relief, be-
c2use OF the condition Of the Italian 6nances-
u. cxuresses his gratitude to Parliament.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1875-08-31
KEEP THE BAIL ROLLING.

The campaign on the part OF the repub-
licans is DOW splendidly in motion from
KiiierE 10 Qaoddy. from the New Hamp-
shire boundary to the waters of the Allan
tic. Excellent work has been done the last
week in rallying the voters and preparing
for election, and most heartily do the peo-
Pile respond TO the demand upon them to
come up to the support of the republican
cause.
There are less than two weeks now to
the election. Let every day unit, the 18th
of September be busily improved. There
is a great deal of work that may be done
with profit in every neighborhood. See
that all republicans are on the alert, and
alive to the necessity of being at the polls.
Convince the doubling. Attend the eau
cuses. See that your check lists are prop
erly corrected And don't forget iha' worh.
WORK! WORKi!i is necessary to success
even with the best of causes. Keep the
ball rolling.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1875-08-31
Net Receipts and Expenditures Of the
Government from 1855 to 1875.

II will be noticed by the above table
how the expenditures rose in the first year
of the rebellion more than FOUR HUN
DRIED MILLION dollars, and increased
every year that the war continued until
they reached the immense sum, the last
year. of nearly THIRTEEN HUNDRED
MILLION DOLLARS-all as the RESULT
OF THE DEMOCRATIC REBELLION.
OF course an increase of revenues had to
follow. to effect which there was no re-
source but taxation Of the people; but
when democrats complain of this'taxation
they must remember that it is THEIR work
the cast Of sacing The government and
Union from destruction BY a DEMOCRAT
&c REBELLION.
The latter part of this table speaks Of
the economy and retrenchment which have
been praclised by the republican party.
The expenditures of the government and
the reduction OF the same for the fiscal
years from 1865 TO 1875 inclusive, were
as follows:
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1875-08-31

several children. The country residence of Mr.
Ralston was situated about twenty-five miles
south Of the city, in charming valley known as
"Diablo Canyon. Much has been said of the
Injury and beauty of Mr.. Ralston's private resi-
dence, located at Diablo Canyon, which is one of
the most beautiful valleys of California, and as a
location for country residence is unequalled on
the continent. rn
Visitors to California, if prominent men, wheth-
er LAWYERS, lecturers, editors, congressman, dis
tinguishcd foreigners fnanciers or business men,
did not consider that they had seen the institu-
tons Of the country unless they had visited the
magnificent bank building and had been enter
tanned at the princely country scat of Mr. Ralston
at Belmont, in Santa Clara Valley, not far from
San francisco. 1t contains a splendid music hall
and all the appointments of palace, and cost over
$3.50, 900.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1875-08-31
PRINCIPLES COMPARED
nsPUBLzC.a.s. DOCTRL.vE.

The maintenance of the high standing of
the credit of the State; the promotion of the
development Of its agricultural ana manufac,
turing resources; the extension of educational
facilities; the prohibition by law
Of the sale Of Intoxicating liq..
uOrs and the enforcement Of
that law the equitable adjustment OF the
burden of taxation, and the tightening OF that
burden to the fullest extent; and, in all, the
exercise of that rigid economy that admits of
no outlay for purposes Of doubtful utility, and
demands full equivalent for every expend-
ture; these are the objects the Republican
party of Maine has had steadily in view, the
peryading principles of its common law, and
they all have the hearty support of my con-
viciion and my sympathy From the Speech
of Gen. Common at the Republican State Con-
rention, accepting the nomination for Cor
srnor.'
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1875-08-31
FINANCE AND TAXATION.
COST OFTHE DEM
OCRATIC REBELLION.

The republican party first entered upon
the control of the national government in
March 1861. 1t assumed that duty III the
midst Of an incipient rebellion, iomented
aud conducted by leaders OF the demo-
cratic party Mr. Lin oln was obliged to
pass in disguise on his way to Washington
TO be inaugurated President in order to
escape assassination. Open war com
mchced in little more than month after
he became President, by the attack upon
Fort Sumpter and its capture by the rebels.
al the uast expenditures Of money ana
heary tanation Which hare attended the re-
publican administration Of the government,
The qreat national debt, the large pension
list, the deprecated currency, and mony
other burdens and erits. ARE THE d.
RECT CONSEQUENCES OF TIE DEM
OCRATIC REBELLION.
The records in the Government Depart
ments at Washington afford reliable EVIL
dence of the accumulation of the burdens
borne by the people, and the economy OF
the republican party in the management
of the government. By comparing the
revenue and expenditures of the last years
of democratic rule with those since the
republicans came into power, we shall see
at glance how the DEMOCRATIC RE-
BELLION piled up the expenses OF the
government and compelled the increase
of our revenues by taxation.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1875-08-31

Disbursements after deducting items not in
reality for current expenditures, estimated.
Expenditures after deducting disbursements
incident 10 the war, and not properly chargeable
to the current cost of Authorization, estimated.
Credit of the Government.
The credit of the government stands
better than it did before the rebellion.
Mr. Buchanan, the last democratic Presi-
dent, had 10 give bonds bearing from
eight to twelve per cent. interest for a
loan to pay expenditures during his adj
ministra,ion, while the present Secretary
of the Treasury has been funding our
debt at five per cent. interest, aud thinks
he will be able to reduce that rate to four
and Il halt in future.
Protection Against Loss by National
Banks.
The most ample protection is afforded
against loss to billholders by national
banks. The official report of the actual
bank note circulation on the LIST OF july
1875 is as follows:
Amount of circulation actually out
standing, July /, 1875, S346, 1893, 500
Amount due banks for mutilated cir
culation returned, 5,475, 1879
National bank circulation, $3jl $50 DOS
This circulation is secured by
/. y. s. Bonds amounting to 1916, 3l4,-
5000 per cent, upon which circu-
lation is issued. equal to 33S,6S3, $50
l. Legal-tenders deposited with the
Treasurer u. 5. for insolvent and
lqudaling banks, 6,3l9652
And for Banks reducing their chcu
laiion. 1890 9l5
Total, S35S, 1917
Making an excess of security of Sc, 523,
800, besides the 10 per cent. margin on
$3.50, 800 L. S. bonds, which is S37,-
63l 400, and The premium which the same
bonds would bring in the market, ranging
from 1lG TO 1911
We have thus presented in this article
the following facts to be placed to the
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1875-08-31
GREAT REPUBLICAN, RALLT.

There will be great republican rally at
Old Orchard Beach, next Thursday, Sept.
2. Many distinguished speakers will adj
dress the meeting. There will also be a
free Clam Bake. and music by several
bands. Public meetings viii be held in
the evening at Saco and Biddeford. The
rates of fare on all railroads running into
The First district will be reduced.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1875-08-31
NR,MOGR.fTIC DOCTRx.v'E.
And here, lest L might be mis-
Will say TINT the

And here, lest / might be mis-
quoted, will say that the
PrOhihttOry Liquor Law, that
bone Of contention SO long up.
ON our statute books, never
favored. / never Ah01l. 1 be-
lieve it TO be revolutionary In
spirit, . clog to, the wheels OF
Business, denlOralizinE I'm q
great DEGREE to the cause Of
true temperance which IL pro.
claims to advance; and while
shall openly oppose tt. 1 small
the more openly and Ze0lOSlsly
advocate such measures In TINS
regard rs Il ssm convinced Will
the better and more sIsbst0u-
TALLY cOnduce to the PrOsperi-
" Of OUR state. and the gem
er0l welfare Of its cittZems.-
From the Speech Of Gen. Roberts, democratic
candidate for Gorernor, at the ssrsnade IN
Bangor.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1875-08-31
REPRESEN7ATI VES TO THE LEGIS-
LAIURE.

Nominate the best men, men who will
fill the Office well. and who will likewise
command strong support. The Repre-
sentative ticket is one of great Importance,
Work for harmony and strength.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1875-08-31
Public Debt Redu,
5iO,95l, Gala.


The reduction Of interest on the public
debt by the decrease Of the principal and
by funding portions of the debt at Il less
rate OF interest speaks well for the econo-
my of the Government
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1875-08-31
Redu ton OF Public Expenditures.
From 1000 10 t Reduction 81, o22, ss1 1881. 81

Reduction, 81, O22, 93l ,s3l.57
While the reduction of the ordinary ex-
penses of the government has been car
MED on until the expenses were less in
1875 than in any other year since 1861.
the principal Of the public debt has also
been largely reduced. "a will be seen by
the following:
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1875-08-31
7 UtHI1 o3VV
Expenditures Per Capita.

More completely to present evidence OF
the economy which has prevailed in the
conduct of the government by the repub-
lican party, the following table is pre-
pared showing expenditures per capita
from the year 1900 to 1871, inclusive.
Per
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1875-08-31
OFFICIAL FIGURES.
TO BE CONSIDERED.

REPUBLICAN RETRENCHMENT AND
ECONOMY.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1875-08-31
REPUBLICAN NOMINATIONS.
FOR GOVERNOR.
SEI.DEN CON NoR
OF AUGUSTA.
For SeMatOrs.

roK REPRESENTATIVE TO CONGRESS-
Fourth District. HARRIS NJ. fLAio hp'
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1875-08-31
.J9.56f.749.S4

303.672. 5SS.7l
A careful examination has shown that
the actual reduction was more than the
above estimated reduction, the actual re-
duction being 1919. 527, $50 per annum.
That this vast reduction oftaxation should
be accomplished since 1866, and the pub
lie debt in the same time reduced $780,
95l GALA, with an actual reduction OF
$40, 6S8. 047, 81, of the interest on the
DEBT, certainly shows that good states
mansnip and economy have been prac-
tised in the management of our affairs.
The EXPENSES of the government
WERE LESS during the last fiscal year
THAN DURING ANY PREVIOUS
YEAR SINCE 1881, The receipts and
expenditures for the year 1875 were as
follows:
Net Receipts.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1875-08-31
Reduction of Iuterest on the Public Debt.
100000

Saving of inter st per annum. 100000
But the government has ever kept in mind
while reducing the national debt, that the
reduction of the immediate taxation ofthe
people is as desirable as the decrease of the
principal of the debt, and therefore taxa
ton has been reduced from time 10 time
as circum stances would allow. This has
lessened the burdens of the taxpayers.
but kept the credit of the government good
as to the ultimate payment of its obliga'
tiOns.
Reduction of Taxation.
Internal revenue taxes 1866, S309, 226,S l3.42
Internal revenue taxes 1879, ll0007 ,493.5S