Ellsworth American. [volume] (Ellsworth, Me.) 1855-current, 1879-07-17

WASHINGTON. ID. C.. July ~, 1879.
The Gre-nback aud Democratic repudi-
ators will and 1t difncult to kick against
the facts being furnished for general cir
culation and information by the Treasury
Dept. One OF the Official tables lately
furnished BY the Department contains the
amount Of currency In circulation from 1850
TO 1879. which shows that there has been .
great Increase actually Aud relatively.
Thus. while the amount In 1850. with .
population OF 81 ,00OO 90 Was e2s;, 100 AZ =,
the amount last month, with a population
probably OF almost 80 0Oo. 900 va. e73a..
sol .S9&. This latter sum 10 about % 600 :
ono more currency In excess OF the pur-
chasing power OF the same at any previous
time In this country. Il certxInly ought to
silence the clAmorers for more money =.
since Ills three times more per capita, than
even before the war. which Is the period
the iofistionists always recall with pride.
Another table from the Treasury Depart
ment ought to be OF interest to the croak-
er- since the people generally will take
note of IL. II Is one showing the dispose
ton OF the public debt. The debt now.
less cash In the Treasury. 10 d, 500. &la .9o5
against o. .ss9 .3sa. $50 last year. Hut the
more gratifying fact Is that See'y Shermsn
has by bis rounding operations reduced
the annual Interest on the debt from go. :.
600 600 to es3, 900 600. or 80 per capita
Of population against - 90 two years ago
II an annual saving OF Gil .OO0, 900 isn't
worthy Of any party. then 1t IL likely that
Ar overtaxed people will turn to the Green
hackers for relief. But the tax payers are
not apt to dismiss faithful administr,ti ons
Of their Affairs for = pack OF adventurers.
may state A. another item Of interest
somewhat in the same line that the surplus
of revenue over expenditures last year was
about % 900 600 Notwithstanding the dit
ficulties thrown In the way Of economy by
the Democratic disorganixers In Congress.
session. and the costly resistance to the
enforcement OF the revenue laws by the
Southern bull-iozers.
1t IL worthy Of note .. confirming what
l have said In tals correspondence tina,
Senator Conkling and several other PROM
inent public men have lately named Sena-
tor Window. OF MINI. As = promising
candidate for President Ssnstor Conkiin z
says he could unite ali the discordant ele-
menis In the next national convention. II,
gill be recollecied that few weeks ago
spoke OF Senator Windows popularity and
stardy character. and Of his being thought
OF by many in the same connection.
The President has . dispatch from New
Orleans saving: Capt. NJ. r. Brown, L.
;. In ginder'. hs. forwarded Official infor.
nation to the honorable Secretary of War
to-day. tina; the maximum depth required
by the Jetiy act namely. 30 feet. had been
secured through the jct;ie.. After I years
of labor, therefore, the Mi.sissippi Is fully
opened TO the commerce Of the world. :
This being the case Cap, Eads will be en-
titled under the jet,y act to eco. 600 When
he mAintaIus iha, depth for year be will
receive another e5oO 600. For every year
there amer for 70 years he will receive
sloO. 600, provided he maintain. the 30 feet,
Al the end OF ten years, uHder the same
conditions. he will receive $50 90 aud a,
the end Of - years an additional $500 60
The success of this plan IL worth many
millions TO the Mississippi trade. and 1,
will hasten action in IMPROVING the oihs r
parts Of the river under the direction OF the
Commission appointed BY the Pre.ideut OF
which Capt. Fad. Is one. The people Of
the whole Mississippi Valley will be great
ly benefited. kAIAHDrS.