The Bolivar bulletin. [volume] (Bolivar, Hardeman County, Tenn.) 1865-1888, 1885-12-11
THAT SURPLUS.

The following extract Is taken
rom a letter written recently by
,Ir. Thden to Mr. Carlisle, upon
lie question as to what disposition
shall be made Of the alleged "Sur-
plus' IN the United Estates Treasa-
~:
In considering the state and
management Of the.public revenue,
the subject involves the questions
whether we shall extinguish the sur
plus by reducing the revenue, or,
whether we shall apply the surplus
to payments OH the public debt; or
whether we shall seize the occasion
to provide for our sea coast detences
which have been long neglected. !
am Of the opinion that the latter is a
paramount necessity which ought TO
precede the reduction Of the reve-
nue., and ought also to precede an
excessive rapidity in the payment
of the publict debt"
While we have always entertain
ed the greatest respect, possible fol
the opinions and utterance Of Mr.
lTilden upon all public questions
we can not agree TO the proposition
s'that providing for our coast deten
ces." is a master of paramount i'm
portance to the peple Of the Unite'
States, to that of extInguishing tn
public debt. so as to lesseu taxes an
; consequently lessons the burdens t
be borne by the people. We be
lieve that every dollar III the Trea0
ury should be used III paying of tt
$500, GOO. OOO,of bonds now outstan'
ing and redeemable at the pleasuI
of the Government. This govern
Q ment is at peace with the world, al
J with her $1,000, 900 Of freema
Is and 5000 miles of water between
F" and Europe, We are safe with Il
e e. asst defences which we now hay
y There Is not q nation in the wor
which could come and wage "
upon the UNITED States, with al
q show Of success. Years age, VIII
this nation was in Its infancy. a
~ weak compared with its prest
h' proves, when ssall Europe was h
o. tile to republican institutions, tho
IT, was a necessity for providing agai
~ foreign invasion, which does
ne exist to day, The money now
an the United States Treasury vas C
!" Jected from the people under
OF pretext that it was needed to (
r. charge the nations obligations, q
III the people want it applied to
purposes for which it was rails
AID to apply it to any other PurE
ere is a fraud and an imposition u
o. the taxpayers. If our goyerHnl
tt was not in debt, ave could do as
eel pleased with our money. no
ha' would then object to proyid
t. against foreign invasion; but situ'
.atr as we are. ii is our duty 10 FIRST
th' what we owe, and then to collect
fair one cent more from the taXpa
cen than is necessary to defray the
and nepses Of The government econo
cally administt rcd. Reduce
rate of taxation so as to raise
INN more revenue than is abs"'u
err necessary to satisfy the wants of
IS to Government, and he people wi
IS Of able to educate their children "
cap out Fedea al and, and will be pros
.rih nus and happy. For this gov
tn, ment to spend any consider
lers amount now in providing coast
Ighl fences would be az unPardonab
into it would be in an individual to
-ers. money which belongs to his h'
on, creditors and buy Smith * We
is. .lsto.s mttn it to protect hIn
.ii.st the attacSs ut some toi
.N VII md ~ er threatened