Clearfield Republican. [volume] (Clearfield, Pa.) 1851-1937, 1876-08-23
NEW SERIES--V0L. II, NO. 33.

In OAs - 4NO' cc
: s10.55. Can we rely upon data of thi
, character, when we find upon the re
cords OF the Government statement
over the signature of the Secretary O
the Treasury palpably, plainly, dis
tinctly saying that instead of the losses
being s2,5i7 900 for those four years
they were sl44,9S42 From one we
learn all. lhave extracted these figures
and have table which annex.
Extracts from statement Of aggregate amount
o. defaeations and ratio Of losses from 1889 10
March 4, 1887, furnished December 80, 1889, to
Congress and found In House Document No. 10.
hrst session .Twenty-sixth Congress, Including
public debt.
DisDuRsENESTs.
Period, March 4, 1888, TO March 4 1887. Ex-
pen'o', including public debt;
ioo5.-"..'. .....-"."...... S22,o49.2g1 IS
1s,42o,467 l.?
l7,005,4lS SIS
leSo."...-. .-....................... 20 ,655,244 40
Total for four yoars............ ss7, ,i2s Os
Total dofsica,iOns..-..,.....,...... aso,sse 50
Ratio Of loss per 81, i,o0O............... 2 90
whole number Of defauliers...... 81
Total loss by Disturbing officers
from l7s9 to lss7--.~.......... 4,sJ6,57S SO
RECEIPTS.
Total 5Sig7l O.
Total defalcati0n-............... 2l46Ig 03
Ratio of loss per 81, l,ooo........... so
Whole number Of defauters......... IS
Total loss by receiving officers,
i1os 10 lb4i-.................... S2,O3S,549 81
--
Total receipts and disbursements
during Jaekson's last tern. $223, ,662 ,s99 ~
Total defalcatons during Jack
sons last term....................... 4a,9sl IS
Ratio Of loss per 81 ,0Oo............ ! 70
Ratio Of loss during same term as
stated in Treasurer's rsport.... 10 IS
Error as shown by original Official
eport........ .....,...m- : 81
Whole amount Of losses fron 1889
to March 4, 1887, (4s years)....... 6,995,l22 81
Annual loss..,....................... 45,T3l 90
Whole amount OF loss from July
J., 1881, to June 80, 1875, IA
yearsl lg25s9O3 a |
Annual alloss........................ l0ls,o93 %
Mr. Secretary Woodbury. in his re-
port on the finances made to Congress
December 3, 1889, discusses this sub.
ject so broadly and specifically and SO |
thoroughly refutes this nameless state.
ment as to its figures, that l quote him
The particular osses in each Presidential term |
being also desired by the resolution they have
been accepted; and az they furnished a striking
solution Of some OF the general causes Of those
losses, the periods Ia which the largest and some
Of the smallest ones happened among each class
OF public agents might be usofully designated |
here. Among the banks the largest losses were
from 1918 to 1877 then consisting entirely OF de-
probation on notes taken, and next from 1921 to
1874, consisting then chiefly Of deposits while
from 1929 to 1898 and from 1888 to 1887 they
were smaller than In any period since lslS.-
Among disbursing officers, looking to the amount
dsbursed, the largest losses were from 1921 to
1925, next from 1877 to 1921, and next from 1909
to 1913 and they ,r,re smaller from 1929 10 1888
aud from 1888 to 1887 than in any other term THAT
srer sroepi from 1889 TO 1898
Mr.. Morrill,. TheSenator from Penn
sylyania is calling attention to some
errors at the Treasury Department,
| desire TO ask him il he has noticed
some of tho errors in the statements
of Mr.. Tilden, the nominee of the Dom.
ocratic party. He states the amout
of the out flow of gold from this coun-
try Tor series Of years, but omits to
deduct what has flowed in, making q
difference from tho true statement of
$500, 100000?
Mr.. Wallace. The Senator has taken
the floor and interjectod speech with
out asking my leave.
The President pro tempore. The
Chair asked the Senator from Penn
sylvania if he yielded to the Senator
from Vermont Does he yield2
Mr.. Morrill,. | do not desire to in.
terrupt the Senator.
Mr.. Wallace. | will only say that,
the example OF the other SEN
ator from Vermont, [Mr. Edmunds,] |
am making political speech, and
rust shall not be again interrupted.
Mr.. Edmunds. But the other Sena-
tor from Vermont yielded to interrup.
tions continually.
Mr.. Wallace. The Senator from
Vermont is much older settler
here than the Senator from Penn
sylvania. When he gets to be as old
in this Hall as the Senator from Yer
mont he will yield as often as the SEN
itor. -U
Mr.. Morrill,. | only desired to call
attention to two errors, the one in re- ,
gard to the outflow Of gold and the
,ther in regard to taxes amounting to
rom four hundred to five hundred mil
ions.
Mr.. Wallace. 1 decline to yield. |
continue to read from the report OF Mr..
Secretary Woodbury..
The lose on each 500 from 1870 10 1888 was
nly nineteen cents, and from 1888 to 1887 only
Iwonty-six cents, while In some previous terms il
most numerous losses compared with all Ia ofics
we're from 1917 to 1871, next from 1891 {, 1898,
nd next from 1918 TO 1917. the Smallest proper |
ion In this respect, except during the first two n
erms under the Constitution, tcds from 1870 10 =
ssS, and except those and the theld term he merit
maiiesi ,oas from 1888 70 1887. q
Among collecting officers, II looking to the n
mounts collected, tho highest losses were from !
1917 TO 1901, NEXT from 1909 to 1913, next from :
si7 to 1891, and next from 1905 to 1900. The q
rest numerous defaults, compared with the whole
umbor Of that class in Office. were from 1909 10
SIS, next from 1905 to 1909, next from 1871 to
SIS, mex, from 1917 10 1891, and next from 1925
D 1898. The ratio Of them from 1870 10 1888 ana
s5S 10 1887 ea' not one. fourth large az in some
he periods jnsi enumerufed. Indeed IL was les.
han any previous terms from tho foundation Of
he Government except four, and the number Of
ueh doiaulter was less than 10 ANY Presidential
am since 1870 II