The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1882-05-10
FROM 1861 TO 1881.
Over S15.7OO,O 900 Collected, and Over
S2,1O0,OOO Paid as Interest.
Three Thousand Millions for the
War and Over Twelve Thou
sand Millions in Peace.
The Senseless Extravaganza and Wild
Financiering of Republicanism.
plymouth Democrat

this country by the Republican officials has
been such that an honest man Is dazed with
establishment when he attempts to look
over the facts and figures as they exist. 1t
discloses such a mass of corrupt jobbery and
robbery as to challenge belief, and has no
equal even in Turkey. where there is no
pretension to honesty in public affairs.
Could the voters know and comprehend the
facts as they exist, they would never return
another Republican TO a national Office, we
would naturally think.
Let the readers of the Democrat take
time to look over a few figures and fix them
| in the memory; facts taken from good Re-
publican authority-the Librarian of the
Republican Congress. July 1, 1861, the
total public debt was only about ninety and
half millions-in round numbers, SOC, $780,,
| SAL There was cash on hand nearly three
millions IS, $50, 2l3l, leaving the debt, less
cash, about lightweight millions (SS7,7lS,-
660) January l. 1866, the debt was over
two thousand seven hundred millions of
dollars (S2,773, 236l73). The Republicans
| had increased the debt in four and
half years over two thousand six hundred
millions. From July /, 1862, to July
| l, 1881, they collected from ordinary sources,
| besides loans, about Sc, 500, 600; and up
to 1865 they rad put out Understanding
| QUOTATIONS 10 over SO,OOO.OOO.OOO. january
| 1. 1866 the debt was So. 773. 1856 l73; July 1,
1881, the debt was S2O69 O13, 500. being a re-
duction of only S704, -, 604. What became
Of all the balance of the immense sums hey
received from net revenues, besides what
they borrowed in shape of bonds, green
| backs, interest notes and in various ways?
They have never told you and never will.
So far we have only considered the ordi-
nary sources; customs, internal revenue, di-
rect tax, lands, premiums and miscella-
neous.
When we come to take in the total re-
ceipts from all sources, from July l, 1861
after Lincoln had been in nearly four
months, up to July 1, 1873, including two
years of Hayes term. we find that they have
recei ed from all sources, including loans,
the enormous sum of over fifteen thousand
millions of dollars (sl5, go, 454, 500. OF
this they have got away with $50, 40S, 673, 100,
and on July /, 1879 they had reduced the
public debt less than eight hundred mill
ions of dollars; the debt then being 81, 245,-
| 1902
From June 90. 1852. to June so, 1881, they
had paid interest to the amount of over two
billions Isl, 40, 900, 1907 and for convenience
we will credit them with three billions paid
on interest and on the debt. out of over fifteen
| billions. What became of the other twelve
billions? Did it take that sum to run this
Government eighteen years--over four times
the cost of the four years of war? From the
beginning of Washington's term down to
and including the first four months of
Lincolns term, the total receipts from all
sources, including loans and the expenses of
carrying on two wars with England and
Mexico), besides the Indian wars, a period
of seventy-twO years, were little over two
billions of dollars only (S2 254, 7G0,6ll). The
total paid out during that time was about
the same Is, go, 947, 173), leaving on hand a
.@f a
and about ninety millions of dollars Of debt.
With only eighteen years of Republican
management, the receipts are over fifteen
and three-Quarter billions, the disbursements
over fifteen billions leaving on hand about
1857. GOO, 600 only, and over 81, 200, 0000 600 OF
debt! How could this enormous sum oil
, money disappear by any other means than
fraudulent practices in the administration
of Government? stealing by one set and
neglect by another that can neither be ex
, planned, palliated or forgiven? 1t is not 8
question as to Republican or Democrat, but
} one of citizenship; of National and persona
honor; of decency or disgrace. .
From July l. 1862, to July l, 1881, the av
e erage yearly receipts from ordinary sources
{ besides loans-have been nearly three
/ hundred and fifty millions of dollars ($340,
611.363 52). The average population has beer
r II, o62, 223, making the average to each per
: son-man woman and child-over IS -, o.
n TO each head of family of five persons al
average of S65.04 per year. This sum haa
=. actually been paid in as revenue. The mar
of small means has paid in his share in the
duties on iron, coal, salt, leather, books
D paper, groceries, and whatever he has had
5 to buy, and in other ways, and much more
e with it, that has gone into the pockets o
those protected by high tariff.
The average yearly interest paid has beer
over one hundred and eleven millions o
, dollarsi (S111,5 S3, 725). This is an average
of 81 66 per year TO each person, or $3.50
average TO each head of a family, yearly
In 1861, the population was 81, O64 600, and
the National debt per person was 81. "A, and
the annual interest per person was sixteer
r cents only.
In 1865 the population was 81, DDS 900 and
the debt per person was $7S %; or 1891 % tC
each head of family, while the Interest
, per person, annually, was 81 20; or sol As Ic
each head of family.
In 1881 the population had increased tC
81 go, 444. The receipts had been over $15,
coo, 600, 600; but the debt was still $35 22 tc
, each person and the annual interest $145 t.
each person, or $l7610, and S7.25 TO each
! head of n family respectively.
, What an appalling exhibit is this to con.
templatel What objectionable villainy i:
confessed by these statisticsl And yet much
has been concealed, no doubt. Is not any
? kind OF a change better than to continue
, such knaves in office? Are the representa-
tives of the people like the people, and are
the people willing TO admit that this is the
way they would look after a sacred trust
If not, then these officers are knaves and
incompetents who steal or permit stealing
and villainous waste, and the people should
turn them out and try tC put IL those more
honest.
, Just Heaven, only think of it, Over
$15, 200 co., 600 collected in actual money
Over s., 100, 100000 paid as interest on deb
( uselessly created. Allowing $4,000, 600 OOt
for the cost of the War land much of tha'
was stealings), and after the War has beer
over seventeen years, here is less than one
third of that debt paid, and over ST., OOO, 600,
600 have been used up in time of peace
, without The Rebellion or any other war tC
account for II. Would any other people
than the Americans stand under such load
of fraud and corruption, put upon them b,
those selected to administer Government
Yet this is the exhibit given us by the Re
J publican officials who ask our further conf
dence. r
|