Vermont phÅ“nix. [volume] (Brattleboro, Vt.) 1834-1955, 1891-08-07
\ Few Plain Figures.


,oit,,I ,,,,.,i,,. .,,t a.. tiiri,. III. ,,...
m vi
SO ',o'' ''',''''CU"S ~ 40 ingenious
',,9 '',' 30 ~ ',t'' ,'''I
30 ''''9 "''' P"' ~ ''i' -""' i"''''
F''''''
e,,, u, ,.sa '',, " nv ,i ,r,
! by an economical democratic administrator
That surplus told a plain ta,. Il, the ueop of the
United States 1t demonstrated that the taxes
| which had been imposed by Republican legisla-
tion were in excess Of the actual needs Of a gov
enmrnt economically administered. and were
therefore unnecessary and unjust The people
| SUI lp"Seu that the eNil would be remedied 10y a
SuiIlc''i' ana wel-considerrd reduction oi these
a., ""u " .'e Ss'II' "ilic'''"n "l 'Llt surplus
~ ,." p'! ','", .,, p' si'e lu""c uep'' Ih'y were
, . i,,'',,,'1a o ','' eo,'''''y Mele
isI ,ii.+.., ,,,,,,, T., r li
management rho snr,l,. ,,..s ,,.a,,.,,I -. ~,
travap,int ,.,,,.n litur.s Tin. ,ris, n,l ,,,,,..
sary taxation of the proplp confirmed TIN. btst
G. ngress appropriated in thu money and credit of
the people more than a bill ion Of dollars. 1t
would EN- to have lie n the delibeIat purpose Of
the managers Of the Republican party to main
tain ind create an amount of public Indebtedness
winch would consume any surplus which might
accumulate n'iuer 'he eNiStlhg tarlf ana make
III 'ller increase III 'he taxation oi imports nee
say ''' .''' '"plol' VI u'e government
Now what are the honest facts as to this
business? The rebellion left the United
States with a burden of debit amoun,in,,
+, 1Sr- 70 -, c-s t,c IN, - L., -
''i VIA.
','''' ''i''" 'o'''S 1t i'"S oeeh 'ne Poilcy Vi
the government to collect more revenues
tllah were required for the actual expenses
OF administration, applying the surplus
revenues 10 the reduction OF TINS debt. On
March = 1853, When Grover Cleveland en-
ltreu the Nhlte House he found an avail
dole surplus OF eNactlN 81 3l,3Sl.b1. lie
louhd that during the IL years OF Republ-
can administrator from 1871 TO 1850 the
Outstanding principal OF the public debt
ndu oe'h reduceI IRON s2,biS, 10, lo3.Si
10 - So, ,HO4, Nt3l4. The annual interest
chlrS' hai idllen from Sl5S, N32 +1l.'j9 in
lNot 10 - '.oll,l l33 IN lSS5- and the per
capita ueOt from Su'.26 To S24.oO In the
iour years preceding Grover Cleveland
term OF oIhce, that Is, from March !. 1851,
TO March !, 1881, the face of the bonded
debt had been reduced in the sum of S419.-
"S3, ,2So' an annual average reduction of
9lZo'Ooo'"o' rms was done, as any Dem
ocrat may see, by collecting just that much
more money than was needed for the cur
rent operations OF the government. ON the
theory that an honest people wished to pay
thelr honest debts as rapidly as they could.
but Mr. oleNeland and his party had a
'arlh plan that was not in harmony with
TINS theory Ihey were deadset for free
trade, and, as means Of working up pub
nc sentiment IN support OF their scheme,
they stopped paying the public debt except
mol lI A haN-
hoarded these surplus revenues, and sum-
moned the country to witness how griev-
ouSly II was being taxed by the Republi-
can Iailri' urging as the remedy Tor that IN
lqultouS state OF things their plan Of free
trade But even IN their statement OF the
SIZE OF the So-called surplus they were dis
hoheS,; bE juggling with the debt state
lh'hi llleE were ahle 10 make the surplus
al one tllhe hitN millions, at another a hun
area heN even GOT II up as lar as nun
urea ana twenty. but, aIthouEh the re-
celplS Oh lhe government during CIeNe-
ldhu term grew larger tach year, ana az
Ihou@h ne reduced the bonded debt only
S"+I'3"n'" "So, or eNactly Hljs,1SO'5OO less
lhali II hau oeeh reduced ny Arthur with
smaller revenues at his command, yet so
eNtravasant were the appropriations OF
CleVelahds two Democratic Congresses
that MS surplus on March 4. 1889, when he
gave way to Harrison, was only S4S,O9G,-
l9S.1O, or only S2d, AGA, ,SIt.S3 more than
the sum lelt MN by President Arthur! In
other words, II he had paid as much of the
deOt as Arthur ana he would not have had
surplus al all, Out dehclt OF S9O,OOO,-
wv:
ms, then-S4S, ,U"d, l1S.1O-lS the boast
ell Cleveland surplus, left in the treasury,