The Daily clarion. [volume] (Jackson, Miss.) 1866-1888, 1875-10-08
sll,lS.OOs

. ~
Ia us.a 9 ell,lS5,OOs
makes total loss in land value Of S29,-
9l9, $40 in four years.
The loss in value Of personally is still
more marked, and as the assessment was
made each year after 1871, We can shos
the annual decrease, and that it was
steady and never varying;
Assessment OF personally, 1871. .S45. .S29, ,g0S'
Assessment Of personality, ls72 45,22t,a40
Loss In Que, year.. G0a46S
Personslty ASSESSMENT Of 1879 44,7iOS45
I.oss Ms comrMred with lS72 .. 5l4O0b
Personally assessment Of 1874. 44,3S3,222
Los as compared with 1873 80. S27,l2s
y In 1875, we have assessment rolls Of
personally for forty.four counties, show.
ing total loss in these counties oE
s6, S3S, 800, or "a per cent, making
assessments in all about s33, 721, ,249.
Loss in one year $40, 0,661, ,97S, or
total loss in four years of sl2, los, $50;
over one-fourth Of our personal wealth in
four years. ipt..r t.H
Add now the total loss of land and
personally together:
Land. nd........,..,.........$29, ,919.54
Personally. ........ 12,108,6
Making grand total. ....S42, ,02S,l99
But this is not the real loss, great as it
is. We have lost all we have made in
these nine years, in addition. This, as
before shown, would have been under
good government, II per cent. per an.
mum, but we will put it at 10 per cent,
so as to be perfectly safe. Then our
wealth would be as follows: a....
Land assessment in 1866, $115,321,-
Personal assessment In 1866, assumed
to be as great as in 1871 SIS, 829, ,90S.
Total wealth in l866-$161, l51, ,207
Add 80 per cent, or 10 per cent. for
each of niue years, for increase, and we
have S145, ,036, ,0S6, for the Increase
making what our wealth should be in 1875
$3O6, 1877 ,293. Instead of this it is only
as follows yI taeus sff ao !.
Land assessment in 1S75-S85, ,401, !.
759. i,.zar ef- as
Personalty-$33, 721 ,249.
Total-$l19, ,123,00S
Which deducted from what it should
be, as shown above, leaves $lS7 ,069,-
| k285, representing the cost in money to
the people of the State, of Radical mis-
rule, besides the enormous taxation
which we have paid.
| The ten years which have elapsed
since the war, though in time of profound
peace, have been more devastating to
the people than war. The United States,
as whole, increased their wealth nine
per cent. annually, during the last de-
cade, yet we have constantly retrograded.
France recovered all her lost wealth in
five years, after the most devastating of
all wars. We, at the end of ten years,
are as if war had never ceased. .e
Lord Macaulay, History of England,
Vol. l, Chap. 8, in contemplating and
commenting on the improved condition
of England after long years of misrule
and intestine connections, makes use of
the following language:
T
" In every experimental science there
is tendency toward perfection. In ev-
cry human being there is wish to anne
liorate his own condition. These two
principles have often sufficed, even when
counteracted by great public caamities,
and by bad institutions, to carry civlliza-
ton rapidly forward No ordinary mis-
fortune, no ordinary misgovernment,
will do so much to make nation wretch
ed, as the constant progress of physical
knowledge, and the constant effort OF
every man to better his condition, will
do to make nation prosperous. 1t has
often been found that profuse expendi.
ture, heavy taxation, absurd commercial
restrictions, corrupt tribunals, disastrous
wars, sedltious prosecutions, conhagra-
tions and inundations, have not been
able to destroy capital as fast as the exer-
tions of private citizens have been able
to create it" tH
lie further says that the national
wealth of England, Sin spite of battles,
sieges, and confscations, was greater on
the day Of the Restoration, than on the
day when the Long Parliament met that
in spite of maladministration, of ex-
travagance, of public bankruptcy, of
two costly and unsuccessful wars, Of
pestilence and fire, it was greater on the
day Of the death of Charles the Second,
than on the day of his Restoration This
is the great lesson taught by history. =
constant progress in wealth and civiIiza.
ton over all ordinary obstacles. Eng.
land and all other States have triumphed
over all obstacles in their march to
wealth. Mississippi, in time Of profound
peace, without battles, sieges, confisca-
tons, without confagrations, inunda-
tions. pestilence or FIRE, and with only
] maladministration and wasteful extraya-