The daily state chronicle. [volume] (Raleigh, N.C.) 188?-1891, 1891-03-18
TAXED $500 EACH
WITH ONLY Si.97 EACH IN CIR.
CULAr,ON IN THE COUNTRY.


First Congress--Prosress of the Alli-
ance Work.
(Copyrighted BY the Reform Press Bu-
reau.
WAsHrNGToS, d. O., March II, oil
Taxed one billion dollars Sixty-two
Millions of people to pay $500 each per
annum to run the machinery and pay
the expenses of the Government. And
there are only 81 81 for each man, wo-
man and child in the country in circua-
tion.
This Is condensation of the record
made by the Fifty first Congress which
adJourned short time since-a Con
gress which has no parallel for reckless
ness and eXtravagance, and utter diSre-
gard for the wishes and prayers of this
great people.
These statements naturally seem wild
and extravagant, but they only state the
tnanclal condition of the country as il
Is to-day
The aggregate of all the appropria-
lions aud expenditures ma = by the
Fifty y-tirrst Congress dungs It's So s,s
oil two years has not been otli sally con.
puted, but very conservative estimate
makes the grand total exceed one billion
of dollars.
Now in round numbers there are sixty
two millions of people in this country;
and TO meet thus enormous annual
Government expense of five hundred
millions, each man, woman and child in
the United States must pay an average
annual tax direct and indirect, of more
than eight dollars per head
Just think Of II! An average Of S.. 90
tax on each man, woman and child Ia
the c0uatry to run the Government;
aud there is only 81 81 of money in cir
eulatiou for each man, woman and child
in the country. Was there ever such
degraded slavery OF peoplei How on
earth can nation of people who have
only "A 97 each to circulate among them
selves, pay tax of IS 90 each and
prospect And yet this is what the
Nrlonal Legislature of this great
mmJnwealth has left to be done Bet
ter, lar better, the task OF making bricks
without straw.
Not five Million for Agricultural In
terests.
Another thing which may be noticed
VITA interest is the fact that III all this
extravagauce all this reckessness,
waste aud SqQandering-the ptlful
amount Of less luan five million dollars,
or less than one two hundreth part of
the whole amannt spent and arrnnr-ia
ted, was given TO the Agricultural In
terests-without which there could be no
country-no government. And this
too in face of the great cry of distress
aad prayer for relief from the great agri
cultural masses all over this broad land
s75, 200, 900 Deficiency.
Another important fact in connection
with this terrible financial condition is
that there will be an estimated deficiency
of $40, 900, 600 in the public treasury
when AL the appropriations are paid.
In other words a treasury which three
years ago had surplus of three hundred
millions, and whose annual income wds
four hundred millions, will, at the end
of the present year, be in debt seventy
fye millions of dollars.
Now let us make little contrast.
Ia 1860, the per capita expense for al
government expenditures was ~ l6
and the per capita circulation was
Sl5.33. Will some fnancier or some
man who wants "the farmer to keep Out
OF politics. show why there should be
such a radical change Of financial affairs
in this country as has been brought
about by reckless or selfish Legislation
during the past thirty years Read
Think Ask about these things. GC
30 the bottom. Let the root be found
and either regraited, or torn up and re
placed by other roots.
Now, one other fact For three year
past there have been in the Nationa
banks, principally III eastern banks, mil
lions and millions of dollars of govern
ment money, for which the government
has not received one cent OF interest JAM
vet the Secretary of the Treasury of tn
nation said this week "There is u
necessity tor calling IN the millions G
dollars which are now deposited in tn
banks of the country for which th
government receives no interest. A
these three years the National bank
have had the use and benefit of thes
millions of money for speculation an
loan at high rates of interest to the fa
mers and laborng classes Of the Unite
States.
Progress of Work.
President Polk of the National Fa
mefs AlliAnce and Industrial Union, Wi
be in Iowa on the II 10th of March,
organize the Iowa State Alliance. Thi
teen organized counties will be repr
sented. The national organizers the
predict great meeting at Creston,
which point the organization will
effected
New York State will be organized
April 22i. Ohio will be organized On Il
10th of April Delaware has applied f
State organization; the New Englal
States are knocking at the Alliance do
wa for admission; IN West Virginia there
~ o great Industrial Reform movemeI
- fsfs are thoroughly arouse aeraa
steps are f Gfpf 5Se Patrons Of Toll and
Ta0n Far@ars o. Alliance The ,he prIp1sea ppseat &C
s9ldation o%rgauzatiOn % ever nsng kneVn dc
Wo1ssir Wssl Virginia grand wSfs Sfstes as oS Of Ores
5 by earnest mfo and the order Few we da
nlouuceu TT ora come woruo u