The Eaton Democrat. (Eaton, Ohio) 1875-1903, 1882-12-21

to ruf eyond this colossal figure. See
whad liable this makes:
1850 <zs =. ............ $38,5n1
ot. 1oolt. s>....;... ................ lSSv'O05Soo
iccz-.{ "a 1ui,VV,u
sISSs laalsals y 5es sssssleRI ss
sfo7Sswe shall find that It amounts to an
advance OF more than fifty per cent. in
five ypars, as the following figures show:
1s79.- +...... ST. ,027 0o0
1879. ~. .-.-........ 49,. $500. o7,f65O00
The enormous aggregate of these
eral Treasury by the people and the
from their earnings and Withdrawn
from profitable use by them. Dur ,ng the
fiscal year 18S1-82. the vast sum OF.
more than four hundred millions of dol
lars has been, according to Secretary
Folger, pumped out of the possession
of the people by taxation and poured
into the Treasury, thereby creating a
surplus which has for long periods lain
useless and unproductive in the Federal
vaults, where not less than two hum
dred and seventy millions are now w.
ing. No country in the world could
move steadily and prosperously under
such.a huge burden as four hundred
millions of yearly taxation unless the
burden was adjusted with extreme skill
and Judgment. 1t exceeds the i'm
perial taxation of Great Britain and
Ireland, levied to carry on q costly
monarchical Government, with pow
erful army. with the finest navy in the
world, and with liberal schedule of
compensation and pensions for its off,
GERS. 1t is simply silly to shut our eyes
to the fact that the people and the in
dustries of the United States cannot
much longer be bled at this tremen-
dous rate through our present clumsy,
bungling and monstrous fiscal system
made up of tariff levied in the inter-
est of classes and individuals and of an
internal revenue tax imposed under the
pressure of great war. When we
turn to expenditures the outlook is even
worses The Federal Government ex-
pended more than q thousand millions
of dollars in the four years between
1873 and 1872, as follows:
1878 $Z5o96i,5 ~
IoIy .......... ZiO,UQOO0
ISL ISL . s:. $50 sStoeSs ooSe
/, For the fiscal year ended OF June 80,
1882 Secretary Folger admits that the
expenditures and payments of all kinds
amounted to three hundred and eighteen
millions of dollars, and he predicts for
the current fiscal year an outflow Of
three hundred and seventv-eight mill
ions including forty-six millions for the
SINKING End 5s
Thanks to corrupt and scandalous
Republican Congress, Secretary Folger
is forced to admit that the National
finances are not in as good condition
as they were in a year ago. Keifer,
Robeson and his Republican colleagues
have increased the public expend itures
by about sixty millions, including the
arrears of pensions legislation. And
Secretary Foyer will be obliged to
admit that the Pension Office. which is
under the control not Of Congress but
of the President. has Teen paying out
the public money more wildly even than
Keifer' Congress authorized it to do.
The responsibility for presenting to
Congress a scheme to reduce this in
ternal revenue tax rests with the Re-
publican.party. The Executive Depart
ment is Republican and SO are bo.h
branches of Congress and SO are the
financial commit >eS in both houses.
Will the withdrawal OF Secretary Fol.
ger after sanding in his report release
the Republican party from its response
bilityp Does that party mean 10 confess
its inability 10 deal as party with the
living National problems of taxation
and expenditures The Democratic
House of Representa-, es-elect canno
exercise any power .(unless an exlrs
session is TO be called by President Ar
thur be ore December, 1888. No To,
bill could well be maturel by it unit
July or August, 1884. A Dee ocratit
President will probably be elected il
November, 1884 But he C nno. pe in
augurated until March 4 1885, and .
new House VIII e chosen in Novem
Der. 1884. 1t is absurd, therefore. t.
talk as if the Democratic party had an,
responsibility now for the finances. =
| N. Y. World.