Perrysburg journal. (Perrysburg, Wood Co., O. [Ohio]) 186?-1965, 1879-08-29
The Democrats and the Finances.

The Maryland Democrats must GER
tainly be given the PAIN for the pos
session of more impudenGe than the
average member of that organization.
Approaching the effect that h.es been
produced on the country by the Won
derful success of the financial opera
tions of the Republican party, they have
proceeded to arrogate full credit to
themselves for the condition in which
the country finds itself to-day. The
seventh "plank' of the platform
adopted at Baltimore declares that
when the Democratic Conservative
party regained power in the Congress
of the United States it enforced an
economical administration of public af-
fairs and made the resumption of specie
payments possible event" This is
claim which is to be hoped will be
urged by every Democratic Convention
which meets in the next year. 1t will
serve to keep the financial question be-
fore the people, and to show them by
whom and what means resumption was
brought about, confidence restored,
and business revived. The fact will
be recalled by the public that every ef-
fort was made by the Democratic party
to bring about the repeal of the Re-
sumption act; that no effort was spared
to that end II will also be pointed out
that when direct repeal could not be
secured, every effort was made to make
the act imperative when it went into
execution. Congress was Hooded with
all kinds of financial schemes that in
tended to expand the currency in a
dangerous manner, and measures were
strongly agitated which were calculated
to weaken and break down the conf
dence of those upon whom the Treas
ury Department relied to make resump-
ton success. No means were left un-
tried to bring about these results.
vised and pressed forward BY Deml66--
Gratis. Every assault upon the Resump-
ton act was led by Democrat. Every
attemptto destroy confidence in the abil-
ity of the Government to readjust values
was the work of Democrat. There is
an abundance of testimony to back this
up which cannot be destroyed, and so
we see the hedging on the question
with which the Maryland Democrats
are leading off. The claim, then, is TO
be that by the " enforced economical
administration of public affairs by the
Democrats resumption was made pos
sible event. 1t will require something
beside a bald statement to convince the
country of this. For four years now
the Democrats have been loudly claim
ing they have been reducing expendi-
lures in a greater manner than the Re-
publicans did in the last years they had
the control of the appropriation bills.
They could not deny that every year,
from 1865 to 1875, the Republican par
ty regularly cut down expenditures,
and neither can the Republicans deny
that on their face the appropriation
bills of the Democrats have seemingly
shown very gratifying savings. But
the fact is Republicans have caused
statements to be prepared which show
that the Democrats, instead of reducing
the appropriations, have been in reality
increasing them every year One OK
the clearest of these statements was
contributed to the North Anaertca'1 Re
,jieaD by General Garfield, and showed
that emitting the permanent appropri-
ations, which do not appear in the an
nual bills. the following has been the
work of the Democratic party:
For the fiscal year ending June 80 1877. lZ2ulO
For the fiscal year ending June 81 1913. ll4069,4s
For the fiscal year ending June 30 1871 l463OA,5uy
For the fiscal year ending une 5O looO Ibl'oOos54
For the fiscal year ending June 80,
1878, there was no appropriation for
rivers and harbors, so that the small
amount which was seemingly awarded
that year is deceptive. To the amount
appropriated for the present tscal year
$4,000, 900 is to be added which was
authorized by the Forty-ifth Congress,
and then to this must be added deh-
ciencies which the Democrats have dis
honestly allowed to accumulate until
now they aggregate over S54 900, 600.
Now, contrast this sort of thing with
the savings that have been effected by
the refunding operations of the Repub-
lican party, and we think that organi-
zation will have nothing to fear on the
financial issue.-M Y. Commercial Id
UertiSeT.