Watertown republican. [volume] (Watertown, Wis.) 1860-1906, 1880-09-08

during this administration the losses by defal-
catlol nave been reduced to the smallest per-
centige that has ever been shown in any
aa III of this government, or of any
othF known to us. fot ab4i .ita'
During the three years of this administration,
ending June 30, 1890, there was collected from
all sources 1864, S76, 359. SO. All this vast sum
mas peen paid into the treasury, excepting
about $4,000, and it is believed that even this
sum VII be recovered. The internal revenue
eonectea m every part OF the United States has
Deell PAD INTO the treasury without the loss Of
q dollar. Besides the collection of the revenue,
tue great transactions OF the post-office depart
inent, extending all over the country. and col
lectlng and disbursng during the last three
years an amount of more than 100000, 600,
rave thus far been made with loss of less
than $1,000. In the small defalcations that
lave occurred, suits have been promptly
brought against the defaulting officers or their
alretes, and judgements enforced. A system
CT rlg1d accountability for public moneys has
been applied, without fear or favor withresults
that never before have been realized by any
administrations ,i e #tI"3r.
The disbursement of this money bv public
officers at home and abroad has been made for
which 1T was appropriated by congress, abso-
lutely without loss or defalcation SO far as
known to the government.
During the administration of James Buchanan
the loss by defalcation of public officers in the
collection and disbursements of the public
moneys was 1881 on every 81 ZOO; during
P1erces administration it was 1885, during
Folks administration it was S4.08 during jack
sons administration it was 1872; during Van
Buren's administration it was Sill. Mark
the contrast with Republican administrations:
In Llncoms time, embracing the rec1essness
caused by war, it was 76 cents. For six years
OF Grants administration it was 81 cents. In
Hayes administration thus far-assuming that
all amounts in dispute are lost-the loss on
$1,000 would be SO small that the smallest coin
in the country would make it good three times.
1t has been but One-third of cent on 81 900 of
the amount involved.
Again, this administration has effected
striking reduction of the expenses of those
branches of the public service over which the
executive has complete control. The appropri-
alton for the collection of the customs revenue
is permanent one, entirely dependent for the
amount of its expenditure upon the treasury
department. While the revenues Of the coun-
try have enormously increased, the expenditures
have been largely diminished. The expense of
collecting over 1888, 000,0 600 customs duties
during the last fiscal year was only three and
one tenth per cent, while the expense of COL
Letting $53,000,O0 in 1860, during President
Buchanan's time, was six and two-tenths per
cent ON the amount collected-jHst double.
On the first of July last there was returned
to the treasury $2,000,000 of money that
had been saved out of the appropriation for the
collection of the customs revenue; and in the
expenses for refunding the loan. for which an
appropriation of one-half of one per cent. is
made, the treasury department returned to the
treasury. on the LIST of July last 81, 900, 900
saved. The secretary of the navy has returned
to the treasury very large sums, saved by a
careful and honest administration of that de-
partment. There was carried to the surplus
fund on the 30th of June, $780, So, 434, 416,
mentS FOR that year and remaining unexpended.
Does any one believe that Democratic admin
istration could have attained these results?
And what has been the result of Republican
administration under President Hayes upon the
general business interests of the country? We
have witnessed, and are now enjoying, the
greatest revival of business of modern times.
We have leaped forward from a period of ex-
IRENE distress to one of great prosperity. Our
exports during the last fiscal year reached the
enormous sum of 1886. 000,0 900, being an in
crease since 1875 of over 1890. 900, 900. Our
imports during the last fiscal year we're $685.
600, 900, being an increase since 1875 of S135.-
000,0o0 and making an aggregate foreign COM
merce of the last year of over 81, 500, 900, 900.
Every nation contributes to our comfort From
every land and from every sea, and from every
part OF our country, we gather the productions
of their labor to supply our daily wants. Our
manufactures in all branches have increased so
that not only do we supply the domestic mar
kets with nearly all the articles essential to hui
man life, but we export in great quantities the
productions of the workshop and the farm.
The secretary next demolished the pre-
lenses OF the Democrats to having great
ly reduced theappropriations of congress
and the government expenditures, quot
ing the official figures of such appropria-
tons, the same as given in these columns
some days ago. He then took up tine
Democratic cry Of " fraud and turned
it back upon that party with telling
force, going over the whole Infamous
record of rebellion, of election frauds,
and of the Tilden cipher dispatch in
fanny, and concluding with picture of
what would probably result from putting
the Democratic party into power.