New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1876-08-20

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On the same day Mr.. Morrill,. of Yer
mont. laid before the Senate the following
letters from the assistant secretary OF the
treasury and from the Commissioner OF In
ternal Revenue:
Washington March ~, 1876.
DEAR s1R-Referring to your verbal request made
on saturday last to be furnished with state
showing the OF sbs
amount of collections OF revenue nom cust9m rs
from April l. 1861, to June 80 1879 amounted M to
to june So i 49, e. The deiaica
ton IL onesixtieth of one per Gent OF the amount
81 So in to you on
day last but found it impossible until the present
Sa1Y ,, to get them ready CHARLES cosAsr
Hon. Justin s. morrill,, Omitted states Senator,
Washington, District Of Columbia.
TREASURY DEPARTMENT.
once of Internal Revenue, ;
Washington, D. c., March ID, 1885,
S,R-In compliance with your request, have
the honor to submit herewith the following state
ment taken from the books and records OF this
The total of internal revenue tax returned by
the various collectors Of internal revenue du Ing
the period from September lSez TO p, March ;nt 81,
system to the close Of the month preceding the
end Of Mr.. Ltncolns administration 70 e2s3 ~ ISL;
appointed during that period are e4l45o8 10, or
about 1900 of one per cent Of the amount col
lected. In the period from April !, 1866 to Febra
arv 49, 1869 being the D. ROD in even months Gov.
cred by MI. Johnsons administration. the collec-
tons were S8l7 ,O68 305 sscertaned cash dedcien.
Sos s.. or about tHotsnths Of one Per cent Of the
amount collected. In the period nom Match l,
1869. to February g. 1876, being from the beginning
last month the collections 1884 ,SOS 237 secer
tanned cash de6cisnclss OF cGectSls aPpSintea IN
this period ss Isl 81 OF about OF one PER
As the balances for the last period mentioned
are OF comparatively recent occurrence and are
large proportion of it will ultimately be recovered
that the act ual ultimate loss will be very much
lees than herein 'hGrn F FsxrT
Hon. J. s. Morrill,, UHited States Senate.
These letters and figures overturn noun.
tains of falsehOOds which ought to bury our
calumniators beneath them. The truth is,
that although defalstions and mslfeassnces
sometimes occur, and always will, there is
more official integrity, the revenues are
more faithfully collected, and the public
services better performed than at any other
period.
GOVERNMENT NOT BANKRUPT.
During the last fiscal year, ending the
thirtieth of June, 1876, the surplus revenue
was $29, 249, 900. which was applied to the
reduction of the national debt. In the last
ten years We have paid of $579, 423, 2S4 of
the national debt. On the thirtieth of
June, 1866, the debt was &, GAG, 34S, 900; now
it il, in round numbers, $4,000, 925 900. In
1866 the revenue derived from internal
revenue taxes was $3O9, 226.Sl3. In 1876 i
was $ll6,oOo.OOo, . reduction tHH oo Of nearly
mum, This does not look like national
bankruptcy and paralysis.
STRIKING CONTRAST.
Contrast this with the last imbecile, SLOW.
emily and vensl administration Of James
Buchanan. During his four years, in time
of profound peace, the revenues fell short
of the ordinary expenditures $75,2l7, ll9,
which sum was made up by loans and
added to the burden with which the Re-
publican party received the government in
1861. To enable the government to live
from day to day during the last of these
four years the six per cent bonds of the
United States were hawked about the mar
kets OF the world, and disposed of with
difficulty at Q discount of seventeen per
cent. It was during this administration,
which was relieved from the charge of
idiocy only by being convicted of treason,
that Hendricks was commissioner of public
lands, Floyd and Thompson were in the
Cabinet, the trust funds were stolen in
DrO0O u6yIlguU, 6uu LILO UAtAOu01 01"S pun
licly conveyed to the South, where they
were seized by traitors without opposition.
1t is marvel of human audacity for any
one connected with the administration of
James Buchanan to ask the confidence of
the American people.
EXPENSES OF THE GOVERNMENT.
Mr.. Conant, the assistant secretary of the
treasury, has carefully prepared from the
books Of the department tables showing
the net expenses of the government, ex-
Guiding the war expenses, and those grow
ing out of the rebellion, for every ten
years, beginning in 1900, and including the
the fiscal year ending June 30, 1875.
According to his table the total expendi-
lures for the fiscal year 1875 were $274 ,623,-
1872 81. The total expenditures for the year
1860 were sea, ,7eS SO. After deductiDg
from the expenditure the year 1875 all those
growing out of the war and the rebellion,
the net results for that year were $84 49,
762 49 in currency. But the expenditures
for 1860 were in gold, and Mr.. Conant has
deducted twelve and one-half per cent as
the premium on gold for the year 1875.
leaving net expenditure in gold for that
year Of $74,028, 688 %.
The Secretary shows that the expenses
per capita, in the following table Of dollars
and thOusandths, were in