CanÌƒon City record. [volume] (CanÌƒon City, Colo.) 1883-192?, 1904-09-15
SOME COMPARISONS
CONDITION OF TREASURY UNDER
PREVIOUS ADMINISTRATIONS.
Hsw the PubIic Debt was Ma.sxed
wbss Dsaeeracy We. In Power and
Nov ths National Fi.aness Were
Conserved Later by Republicans.

fiscal year, July !, 1898, of his second
term, oar public debt was $1,345. 600 600;
when ths fourth fiscal year closed, June
80. 1897, Il was s1,S17 900. 600. an in
crease Of f272.OUO. 900. without anything
to show for It
When Benjamin. Harrison began his
first fiscal year. July /. 1880, our public
debt was 41.619. 900. 600: when his fourth
fiscal year ended, June 80. 1893, it was
Sl.545, ,000,00O. decrease Of $T4.OOO.-
600.
when We add Clevelsnd's increase of
$272 600. 600 In the public debt to Harri-
sons decrease of sI4.O0O.O00, We have
. bill Of Indictment amounting to $780,
000. 900 against the Democratic party as
. result of -four years more of Grover"
When Benjamin Harrison began his
first fiscal year, July /, 1850. he found
$c43. 10000 cash in the public treasury:
when he closed his fourth fiscal year,
June 30. 1898. the cash balance was
$T07 600. 600, an increase of <64. 600, 600.
without selling any bonds to increase the
public debt
When Grover Cleveland began his first
second-term fiscal year. July l. 1893, he
found x107. .0OO000 cash in the public
treasury: when he closed his fourth fiscal
year OF that second term. June 80. 1897.
he left only 1881, 100000 of a cash bal
ance. though in the meantime he bad sold
enough bonds for cash to increase the
public debt by $272 600. 900; consequently
he really decreased the treasury cash by
Sl30, 100000. being the 2I2.0O0. 600
bonds sold less the sl34.oo0.o0O differ
ence between the SSi1 10000 and the
S10T .000.0tO cash balance.
When Benjamin Harrison began his
first fiscal year. July /. 1850. the net
public debt--ehat is. the entire debt less
the cash in the treasury-was $9so.OOO.-
600; when he closed his fourth fiscal
year. June 30. 1898, il was only $685.
100000. q decrease Of $137. .000.0Ou as
the result Of four Republican years
When Grover Cleveland began the first
fiscal year of his disastrous second term.
July l. 1898. the net public debt was
SS3S. .000.O 600. when he closed the fourth
fiscal year, June 80. 1897. it was $685.
100000, an increase Of $13S.0OO. 600, as
the result OF four Democratic years
When ve add Harrison's decrease Of
S137 10000 in the net public debt to
Cieveiand's increase Of S14s.OO0-o00 in
the same. we have another S2So. 100000
bill Of Indictment against the Demo
cratic party for only four years Of hnan-
ciai Misrule.
When William Mckinley began the
first fiscal gear OF his first term July ],
1897. he found only $SS1. 100000 in the
public treasury; when he closed his
fourth fiscal year. June 30, 1902. the
treasury cash balance was $l.09S. Co.,
600. an increase OF S267 100000 as the
result Of four Republican years of pro-
tecticn TO American industries and hnan-
cial ability. And this was In spite of the
fact that k34o.0o0. 600 had been paid out
\ - g. -.
freedom OF Cuba.
When we add McKiniey's increase Of
t2G7. .00O. .Ooo treasury cash co Clevehand's
real decrease of Sl3s. 100000 in the same.
We have <so5. 600 900 pins the Spanish
war expense. as the true gain to ths
couptry Of -four years OF Republican pros
perity Immediately following four ysars
OF Democratic adversity.
When Roosevelt's first fiscal year be-
gan. July /. 1901. the treasury cash bal
ancs was 81. .oaS O00. 900: when he closed
his third fiscal year. June So 1904. il had
Increased to Sl.3S2, ,O00. 600. an increase
Of $264. .0Oo. 600 notwirhstandins that all
the Spanish war taxes had not been
abolished. but SJ0.00O.000 had been paid
out fer the Panama canal property and
rights; and that <S.000.0O0 had been
given, and nearly $6.0O0. 600 more loaned
70 the llpuluhna Z urcuase Hsxpcsitiou
When we summarize the treasury cash
transactions from the beginning OF
Cleveland's second-tcrm first fiscal year,
July I. 1898. to the close of Roosevelt's
third fiscal year. June 30. 1904, We have
the following:
Cieveland's loss In treas
ury cash .....-........ $l3S,oOO.OOO
sry cash ........... ec7.ooo.ooo
Roosevek's gain In treas
ury cash ...-.......... 2S4.eOO.oo0
Paid cost Spanish war;. S4o.0o0.coo
Paid Spain for Philip
paue1 SU.Vu,VO
canal ................. -. 100000
Gift and loan Louisiana
Purchase Exposition -. 100000
Total l...............$ 81. l09. .OO0. 600
Eleven hundred and nine millions OF