Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1879-09-01
From the Lewiston Journal.
"DcpreciatiOn of Values"
MH. rILI.snrRY ArAIRIK,


TpfoI 1isbursemeH fs for 1878 WFrc SI,l3O. 032. -
~. Ofthis s25,00 was paid on the public debt
x3.2,Oi4 interest debt ->O.isp 10 the sinking fund
and AZ $40 soldiers pensions. total slS.dgl, which
of eourse is due 10 IN. war. Deducing these items
and IL leaves sgis 262 the ordinary expenses OF
1878 instead Of Oj in lsJ,i, au increase OF sOoS-
bury at 4fub0rR, dag. IAN, as reported ~ The Ga
zefte.
MR.. PILLsBURY At sACCARArrA.
The total disbursements in ls56 were $50 l65 the
ordinary expenditures being only s2ss,oi5 W In
1873 the total disbursements ,rere sl.273.3s0.-
~. the ordinary expenses being s'"hU"6 an IN.
hundred per cent. outside of all war expenses what
cver-Mr. PWsburB at >dccdrdppo, august 27h,
as reported IN the Iryus.
Mr.. Pillsbury stated at Auburn, that the
disbursements of the State in 1873 were ST..
400. 1882 81, and that the increase of eXpen-
ses over 1856 was S653,227. or three h~H-
d,ed per cent
Mr.. Pilsbury stated at Saccarappa, two
weeks later, that the total disbursements OF
the State in 1878 were S1,273.376.71, and
that the increase of ordinary expenses over
1856 was 1904 .OOO.Si. or t,co hUad,ed pc,
cent.
Such rapid depreciation of values" in
only two weeks time, we never before heard
of. One hHndrcd per cent. reduction in thir
teen DAYS If there were four weeks of the
campaign remaining, at this rate of 'depr,
citation" Mr.. Pillsbury would be obliged to
take off at least hundred and fifty per cent.
more.
But what reliance can be placed ON the fig
ures OF political leader. when he charges
that the expenditures for 1878 were 81 ,430,-
632 81. with the report of the State Treasurer
before him, reading page - as follows;
EXPENDITURES.
Amt of payments during II yr. 1875 sl,2.a376.7I
Cash in the Treasury, Dec. n, ISIS, i57 2j6. %
Sl,4}06 81
And who, on having the mis- statcmen. pub
liciy pointed out. neglects to give any expla-
nation of his wrong figures although in hi.
next speech he quietly amends his statement
by reducing his figures Sl57, 256. And to-day
Mr.. Pillsbury's Auburn speech, which h,
now so quietly amends, Is being distributed
all over the State by the fusionists.
Then again, what shall be said to any mar
who represents that the ''ordinary expenses"
of the State in 1873 were S793 036.76, whel
he knows that over $500 900 of this amount
against $1,000 in 1860 were in no sens,
'ordinary State expenses" but taxes laid t,
the extent of S226. 1861 on the property OF
the State, and to the extent Of sl3s s07 SO OF
savings banks, which were distributed to
towns to aid them in maintaining common
schools, thus reducing municipal expenditure.
for schools to this extent; while S3S, ss7S:
additional were the amounts distributed L
towns to aid Free Hirh Schools, S9,O9l wa,
simply the railroad tax distributed to towns
and S4,770 the shore rents of Indian lands
collected and paid over to the Indians. De
Quoting these amounts, we find that the ''ordi
nary expenses" of the State for 1873, did no
exceed S3s0,000. Greatly only s260OO0), in.
stead of s9is, 1862 as first charged, or s793,-
036 as last charged by Mr.. Pillsbnry.