The Cairo bulletin. [volume] (Cairo, Ill.) 1872-1878, 1876-10-20
OUT OF THEIR own MOUTHS, We
SHALL CONDEAN THEN.
From the Pope County Reformer.


spewed out Of the departments at WASH
ington, are swarming all over the coun-
try Boosting of the purity OF the Grant
administration, the honesty of his off,
Gals the economical legislation Of the Re-
publican congress, and challenging the
Democrats to point to a single act that
will initiate the wisdom OF the one or
the honesty OF the other. If the toiling
masses of the Republican party will
turn their eyes for a few moments from
the bloody shirt and read what we tran
scribe from authentic documents, we
think it will remove the film from their
eyes. If 1t does not we turn them over
to total blindness.
When the national debt was funded
the bonds cost the original holders from
forty to eighty cents on the dollar, the
interest to be paid semi-annually in
gold, the bonds in currency, gold, silver
or greenbacks, at the option OF the gov
ernment. In 1869, congress passed
law making the bonds payable in coin.
That act. by the lowest estimate, en-.
HANGED the market value of the bonds
$500, 100000. In 1873, silver becoming
plenty deteriorated in price, carrying the
bonds down with it. Congress at the
expense Of their tax paying constituents
relieves the non-tax paying bondhOlder,
by passing a law making the bonds
payable in gold, and silver legal
tender to the amount OF five dollars only,
thereby adding 500, COG, 600 to the value
of their bonds. The excuse is that the
act passed congress by being surrepti-
tieusly attached to bill, and not over
dozen members of the house were known
to the fraud. Investigating committees
last winter found the departments had
been receiving annual appropriations to
the amount Of SO, 900, 600 more than was
necessary to run the government, and
this had been going on tor eight years,
being loss to the taxpayers Of $780,
100000.
A late attorney general counts $780,
100000 as the sum which the United
States will lose by the Union Pacific rail.
way company, and the Credit MObilier
fraud, and that in fact is only about half
Of the steal.
Hon. Montgomery Blair, by examining
the reports OF the treasury, finds that
S55, 100000 OF the public money was ex.
pended in the election OF President Grant.
Mr., Davis, member OF congress from
Massachusetts,, and chairman. Of the
finance committee in the house in 1873,
made report that twenty-five per cent.
OF the revenue was lost in collecting. For
the last eight years our revenue would
average about $500, 900, 900 per annum,
loss OF twenty-five per cent. for eight
yeas amounts to 81, 000, 0OO,0 600.
Last winter committee Of the senate
made report that about $l00, 900 900 Of
the revenue was annually lost in the col.
lection.
A civil service commission with George
William Curtis at its head, made q repor,
showing that about 500. 1000, 600 of the
public revenue are annually lost in col.
lection, through the incompetence OF
corruption of government officials.
Lost, steal or stolen, are words meyer
found in the Republican vocabulary,
Senator Morton saws ''ours" Is the best
civil service on the planet, and all thing!
considered, the present is the purest and
best administration this country has evel
had. Mr.. Hoar, an eminent, Republican
and member OF congress from Massachu
sets, tells us that one production il
which our country excels all others II
the world, is the corruption of its gov
eminent.
We see by the above, that in eigh
years the taxpayers have lost through
the Republican party over $4,000, OOO, 900
that amount In silver weighing abou
1900 tons, being enough to load all tn,
steamboats, on the Ohio river.