Grant County herald. [volume] (Lancaster, Wis.) 1850-1968, 1876-10-05
The Falsehoods Told by Tilden and
His Platform.

HIS Platform.
Under the head, "Credit of the
Nation in 1850 and 1876" printed on
the first page of this paper, will be
found very important facts. They
are statements that every citizen
should carefully and dispassionately
read, aud the paper should be laid
away and kept for future reference.
their present use is to disproye the
charges in the Democratic platform
and in Tilden's letter; but the tables
Of figures given are balances on al
ministr alive accounts which every
sovereign voter, who, having justice
done himself desires to accord justice
to others, will be glad to have at hand.
These figures show how the financial
affairs of the Government have been
managed under Grant as compared
with his predecessors, and the same
figures will hereafter be used to Judge
the merits of succeeding administra-
tiOns.
We will here briefly review the APP
plication of these figures to the Dem
ocratic candidates letter and plat
form. They tell US that reform is
necessary to restore the public cred
it. The figures show that the public
credit is higher now than it ever was
before. They show that under the
last Democratic administration the
national credit was worth only SO
cents on the dollar while now it is
worth over 105 cents in gold. Tilden
tells us, "What we want to do now
is to cut down our expenses and live
| within our income" The figures
show that we have been cutting
down expenses at the rate of nearly
twenty-four million dollars year, for
eleven years, and have not only been
living within our income but have
been saving and paying off the debt at
the rate oil oyer ffty-six million dollars
year. The Government pays thlr-
ty-one million dollars less interest
than it did in 1869. The last Demo-
cratic administration did not live
within its income and had to borrow
money on discounted bonds. The
figures show that the people have
| not been taxed as much as is charged
in the Democratic platform by nearly
one billion dollars. The whole Gov.
eminent income, not only from taxa
ton but from the sale of public lands,
the premiums on loans AMI gold, pro-
fits on coinage, patent fees, and all
other sources is more than six hun
dred and twelve million dollars less
| than the taxation alone is declared to
be in that platform. Tilden's letter
wants the public debt funded SO as to
save one per cent of interest, which
he says would reduce our annual inte-
rest seventeen million dollars. These
| figures show that tho interest on the
public debt in 1867 was over one
hundred and forty-three millions
while last year il was over forty mil
lions less. The United States Sen
ate, which is Republican, passed :
bill early in tho last session for fund
| ing the six per cent. interest debt a
four and half per cent, which would
have made an additional annual re
duction of fifteen million dollars. Tht
House, which was Democratic smoth
cred that bill out of existence. These
figures show that our Government, Sc
long in Democratic hands and II
peace had debt Of one hundred
millions when the Republicans CAM
into power, and that the debt was in
, creasing, while in our eleven years o
! peace the Government has paid near
ly seven hundred million dollars o
the war debt.
By way of explanation we remarl
, here that in the columns of figures il
the tables, cents are omitted. Thl
actly with the totals, which are giyel
with the sums of the omitted cent
added. In our article on Mr.. Bush
nell's Democracy we footed up the to-
tai taxes received by the Government
in eleven years at So, $40, 449.253. Ii
Mr.. Commits letter the figures ar,
S3,s09,722, 765. These are official
entirely reliable, and show Mr.. Til
den's lie to be over thirty million dol
lars larger than we then credited
him with.