The Stark County Democrat. [volume] (Canton, Ohio) 1833-1912, 1875-07-08

of war, 1921 900; on January |, 1872, Sl5,'
783, ,447 "a.
Georgia-Debts and liabilities at close
of war. nominal only; on January /, 1872,
$50, 1877 800 90,
Louisiana-Debts and liabilitiesat close
Of war, Sl0,099,074 "a; January i, 1872,
$50, ,549,206 9l.
North Carolina and liabilities
at close of war, $9,600,500; on January |,
1872, $S4,877, ,467 S5. -
South Carolina and liabilities
at close Of war, $5,0O0,000; on January /,
1872, $50, 1924 A.
Tennessee Debts and liabilities at
close of war, 500, 1861 68; on January |,
1872, $40 ,6SS, 1868 40.
Texas--Debts and liabilities at close Of
war, nominal only; on January |, 1872,
S2O,35l 900. ll.Ll
Virginia-Debts and liabilities at close
of war, SSl 1888, IA 80; on January |, 1872,
$454S0,542 20.
Ihaye not the exact figures Of the loss
of the material wealth and products of
the soil and factories, and will not ven
ture to estimate them-but they would
astonish you still more-and leave no
wonder in your minds at any reports OF
turbulence which even partisan maligni-
ty might forge. But this | say to you
the record proves it-this downward pro-
gress Of every Southern State has been
under Republican and carpet-bag admin
istration. Whenever and wherever the
Democrats have obtained power in any
Southern State, then and there have been
immediate economy in the administra-
ton. an prosperity, at least recuperatlon,
in the community.
TAXATION.
Last summer the Republicans prom
ised that the tree should bring forth the
fruit of lower taxation !
Suddenly last winter the Secretary of
the Treasury discovered there would be
a deficiency of revenue of S5,OOO,0 900.
The army was costing us more than ST.
900 a man. The navy had cost as last
year more than $S3,000,000. The post
office was largely deficient The Depart
ment of Justice had been most corruptly
extravagant. Yet none of these could
be cut down. Additional money must
be raised. The sinking fund which had
been neglected for years, must now be
kept up. Senator Sherman told them
that over and above all contingency they
had $l500OO,00O for general purposes
that this sum was sufficient-but more
must be raised.
How? By taxing money, bonds, capi-
tai, trading in stocks, trading in gold, in
Not a bit of it. The highest
craftsmanship and patriotism
were to tax western products and western
industry.
The custom revenues had fallen from
in 1872, to $lSS,OOO, 900 in
1873, and $l63,000000 in 1874. Why?
Were the people moee economical, less
loving of luxury, more willing to cramp
Not at all. They and their
capital were idle-they we're poorer, and
not able to buy importations.
Whisky had paid seventy cents a gal.
lon. 1t was an enormous tax, but 1t had
been we'll considered, had been imposed
after consultation, had been faithfully
and had reached more than
fifty millions a year. 1t paid already
.wo hundred per cent. of its value in tax
alton. But it was western product--it
furnished market for agricultural pro-
lucts Its manufacture consumed corn,
md, therefore, they imposed an addi-
ion duty of twenty cents gallon.
Tobacco wasta product Of the south and
yest-Connecticut seed leaf worth sixty
ents q pound, and Ohio and Kentucky
obacco worth from four to six cents,
,erhaps seven to eight, had been taxed
like at twenty cents pound. This tax
lad yielded $36,000,000, but this was
western product, it was raised by labor,
t sprang from the ground, it had not the
oval stamp of manufacturer, or mer-
hant, or Wall street, and therefore they
imposed an additional tax of four cents a
ound. And yet these protC Cctionists of
very article manufactured in New Eng
and, while they imposed an additional
Ak on homemade cigars, refused to add
ne cent to the duties on importations
rom Havana.
Sugar, more than any other article, en-
ers into the consumption of every house
old, and they put an additional duty OF
twenty-five per cent. upon sugar, molas~
es and melado. Iron clothing, blankets,
nd other articles produced at home,
ave paid no revenue, or very little, and
ct the tariff has immensely enhanced
he plice to the western consumers. Ten
er cent. was added to the duties, and
ou must pay the excess.
can not tell you exactly the amount
f this tax paid by the people Of Ohio,
ut the people of the First District pay
t least 81 100000 on the two items Of
Whisky and tobacco.
Whisky on hand was not taxed, tobac-
o on hand was taxed, while foreign
oods just loaded on shipboard were en-
irely exempted.
CONSEQUENCES.
The consequences are exactly whst
vas predicted. 0ne-half Of the Repub"
lean party is proving the other half to be
entirely corrupt. The internal revenue
S found to have been defrauded by the
.onnivance of the officers, while the
most conspicuous merchants OF new
York are indicted for smuggling silk
FOODS.
FINANCIAL POLICY.
The Republicans told us the hard times
If last year were the fag-ends Of the
)anic of 1873, and that the distribution
If the currency would relieve them. No
relief, however, came. Business still fell
1ff, scarcity of money increased, produc-
tion almost entirely ceased, imL ortations
were greatly less. With the increase
Of taxes business must be revived, and
the Republicans contin-
ued their legislation of last winter.
Forced resumption of specie payments
in 1879. Free banking and withdrawal
of eighty per cent. of greenbacks for the
bank paper issued. Has this produced
relief? Contraction has destroyed the in
dustry of the country. Under this law
contraction has still further increased,
and business has still further depressed.
The threat of forced resumption in 1879
has paralyzed all enterprises and check
ed all adventures.
The mines are not worked, the men
have struck for living wages, manufacto-
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