The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1876-08-23

who defrau1 them more. Are not they the
throughout the worldf" such men as Ortiz,
Schenck, Belknap, and hundreds equally gull
", and not the men who have exposed them?
Senator Morton, In
HIS s'KkY NOTE" SPEECH
in this city, sometime since, stated that the
Democratic House OF Congress had done notn-
ing in the way of reform" We have not been
able TO do as much as we desired TO do. We
have dec ded majority in the House, and II
TO the reduction of xDendit Tres, In accord
ance with bills that passed the House. the saw
ings TO the people won d be far greater tOsn
they now are. The estimate for the entire ex-
penses of the govern ment, by the different de-
partments, were SIS, 1912 As The approPria-
tons made for all the departments by Dlils, as
they passed the House, slss,75G, 4S AZ; the am
cunt OF all the appropr atiOns as provided for
by the Senate, 2e0 ,59s 50. Toe appropriations
as agree d upon by the conference committee,
amounted 10 sl47,7 ga s5 The app OPERATIONS
made for the y. ar 1876 by the Jast Congress
ment that the saving in expe ditures, as COM
pared with last year, is in round + um bers % =
OCU,0 o. and when compared TO the estimates IS
year is in round numbers saving of S63. 600 Ouo.
With men like senator Morton, that have
been ru 1ning the GOV eminent on most ex-
travagant scale, the saving I.have referred 20
amounts to dcthing. You will perceive the
dIfferen ce betweentthe amounts asked for and
the amounts Appropriated by the House bills
amounts TO as much as the entire expenses OF
the government before il passed into Republi-
can hands. And after the long contest ~hlch
we have had with the senate, proloDg-
longing the sessi near one month, and
four different conference committees In the
meantime appointed on the legislative, the
executive ana jud icial he most i'm portant)
bills, we are able to show a reduction In the
expenses OF the government of 49,, W. W from
that of last year. Senator Morton, In his
sp ech here, stated that The expenses of the
government for the past year were only S'u,-
otO,tO0 over and above the amount made nee
Ing made ne cessary because of the wal
except pensions, which amounted TO s5O
for oOG the W WILSON'S you voI subtract bs%
sill remaining Of the appropriations made
st year. Why il is that senator OF int
L am a loss to understand, unless he claims
that the war niece >Sarily made bis party tx
travagant ano corrupt. If that be true, IL l.
that the administration should be turned ever
TO other hands, aud party put In possession
hat is not so extravagant or corrupt. Con-
trolling but one legis at1ve department OF the
government, we can nOtdlctate It's policy. Tne
public service. in my opinion, will not be en-
have made, and should a like reduction take
place for the conf year, the public service
would no. suffer. and the people would lot
know th9t any change had taken pl' &c, e1-
cept in the reduction of taxes. We lind
MORE THAN 100000 MEN
now pensioned on Il government as officials
and employees. The Senate consented to a re-
duction in the employees of between seven ano
eight hundred, but would not consent TO any
reduction in salaries, except In very few In
stances The natural inquiry Is, by do tneS
insist on nigh salaries, when business is so
much depressed and salaried m u In all private
bus ness are forced TO submit to a reduction,
and Isboring men begg ng Ter employment a.
W. ges furnishing Them but meagef
hvel hood. All scheming Republican
politicians understand this; the cam
c SaS9 fro 1@nG soverDmena ofeis ard A em
poyes. The are taxed ten per cent. OF then
salaries for electioneeripg purpose. This ex-
pl sins why they insist upon high salaries
They claim ten per cent. Tor their state COM
mittees. II the average saiarv be S2,UU, ten
per GEN. would YIELD them 81 $1,000. Now,
the government officials and employees would
be just as well of with ten per cent. reduc-
tion, If not compelled TO contribute TO this
have 5000, 00O less taxes 10 paw. 1 presume
Senator MOI ton said nothing about this in his
late speech. yet no man understands thai
question better than he. Scheming RepuOn-
Gao politicians Will lay that this is not true
but 1t is true that thes give the government
emp oy TO undei stand that it is their custom,
and If he does not conform to the custom he Il
very soon info med that they can f1nd more
liberal men to perform the duty, and thai his
services are no longer needed The great in
Justice of all This Is that heSe m n are paid
out of the common treasury, The money OF the
whole people eXorbltanJ salarie-, to enable
them to contribute To the electionet ring und
of party. i ask you, is not reform greatly
needed here? Instead of discussing war quss
lions, now prop sc 10 inquire into The en-
DarraSe1nSnJ OF the country. Inc republican
party represents
THE MONEY POWER,
and the Democratic party the people OF the
country. The contest between capital and la
boz is now the great question or the day. The
legislation Of the country. ever since the close
OF the war, has been in the hands o. the Re
publican party and that legislation has been
In he interest of the capitalists Of The country
as agan INST labor. The capitalists OF the country
holG our bonds, and the object of legislation
heretofore has been TO make the bonds more
valusb at the expense of everything else
possessing value. The value of all commod.-
ties is regulated by the value OF currenc ant
contraction of the currency, which is the
measure of values. appreciates the value OF
commodities TO the extent OF the contraction.
rhe question that most interests the people
now IL, ''Why are commodities reduced
much In value, and labor which produces
them begging tor employment?" This en-
barrassment is produced by contraction. IL
h AS always been denied by parties in crested
in further contraction of the currency. thai
there h IS been any contract on, bee use of the
dispOsi ion of designing men 10 prevent the
facts coming fairly before the people. To
prove this position, that no contraction has
of national bank cur epcy, which has
been greatly increased siDce 1s65, and
standing. The amount OF the two kinds is
probably greater now tnan il was then, the
national bank currency having been greatly
account OF the vast amount of government
Obligations, some of them legal tender. L will
name the different classes of bonds, and notes
that circulate as money, which all business
men Will recollec,, and none dare deny. From
the report of the secretary OF the treasury,
October 81, 1855, we find that the amount OF
ciTcu ating medium, which was COM
posed or legal tender notes, national
bank notes, state bank notes then
outstanding, and other government obligations
tina circulated a. money, and were used IN all
business trans actions, amounted to 81 ,S95 $685.
745 rs. In order to
REMOVE ANY DOUBT
| as to the correctness of this statement, will
| name the amount OF each then outstanding.
The compound interest notes and The 1880
| notes were both made legal tender at their
/ face, In all transactions, to the same sxtent
thai legal ten leTs were, except for the REDEEM p