La Junta tribune., 1904-09-17
SOME COMPARISONS
CONDITION OF TREASURY UNDER
PREVIOUS ADMINISTRATION
1ev the Public Debt Was MassGsd
Whsa Ds.ocrsey Was In Power asd
1eW the Natiosal Fiaasess We're
Conserved Later by RspsbliesnA

Conserved Later By Rspsbiiesna
when Grover Cleveland began the hrst
dscal year. July !. 1893. of his second
term. our public debt was 81, ,3iS. .OOO. 600;
80, 1897, 1t was $1,Sl7 600, 900, an in
crease Of S272. .OOO. 900. without anything
70 show for il.
When Benjamin Harrison began his
drst fiscal year, July !. 1889, our public
debt was 1919, 900. 600; when his fourth
6scal year ended. June 80. 1893. it was
&1.64S, 100000. . decrease of $14,00O.-
900.
When We add Clsveiand's Increase Of
e212.OOo.0O0 in the public debt to Harri-
son's decrease of $T4.OOoOOO. we have
. bill of indictment amounting to $780,
100000 against the Democratic party as
Q result Of -four years more Of Grover"
When Benjamin Harrison began his
drst fiscal year. July l, 1850, he found
$C43.OO,oO0 cash in the public treasury;
whes he closed his fourth fiscal year,
June 80. 1898. the cash balance was
&107.OOO00O, an increase OF $G4. .OO0. 600.
without selling any bonds to increase the
public debt.
When Grover Cleveland began his hrst
VS~NAN sei AZ Suiy - Accos ""
found S7O7 100000 cash in the public
treasury; when he closed his fourth fiscal
year of that second term. June 80, 1897.
he left only 1891. 100000 OF Q cash bal
ance, though in the meantime he had sold
enough bonds for cash to increase the
public debt by $272. .0OO. 900: consequently
he really decreased the treasury cash by
$13O, 100000, being the $272. .OOO.0OO
bonds sold less the $134 100000 differ
encs between the $S31 600, 900 and the
$707 100000 cash balance.
When Benjamin Harrison began his
first fiscal year. July !. 1880. the net
public debt--that is. the entire debt less
the cash in the trcasury-was $9IJ,OOO.-
600: when he closed his fourth fiscal
year. June 80. 1893, it was only $685.
10000. . decrease of $137. 100000 A.
the result of four Republican years.
When Grover Cleveland began the first
fiscal year of his disastrous second term.
July !. 1893, the net public debt was
SS38, 100000; when he closed the fourth
6scai year, June 80. 1897. it was 1885,
OOO,OOO, an increase Of $14S.OO0, 600, a.
the result Of four Democratic years.
When we add Harrison's decrease of
1881. 100000 in the net public debt to
Clevslands increase OF $14S,OO0,OOO In
the same, we have another $2SJ. 100000
bill OF indictment against the Demo
cratic party for only four years Of 6nan-
cial unisrule.
When William Mckinley began the
first fiscal year Of his first term, July !.
1897, he found only 1891 100000 in the
pubic treasury: when he closed his
fourth fiscal year, June 80. 1902. the
treasury cash balance was $1.O38,OO
coo. an increase OF $267. 100000 as the
result Of four Republican years Of pro-
lection TO American industries and 6nan-
cial ability. And this was In spite Of the
fact that S34O.OOO,OOO had been paid out
for the cost of the Spanish war for the
freedom Of Cuba.
When We add McKinlcy's increase Of
$2G7. 900. 900 treasury cash to Cleveiand's
real decrease OF $13s. 600 600 in the same,
we have &4O5 .0OO.0 600 plus the Spanish
war expense, as the true gain to the
country Of four years of Republican pros
OF Domocratic adversely.
When Roosevelt's first fiscal year be.
gan, July I, 1901, the treasury cash bal
ance was 81 .O0S, 900, 900: when he closed
his third fiscal year. June 30, 1904, 1t had
increased to 1882, 600. 900. an increase
of $2S4. .000, 900. notwithstanding that all
the Spanish war taxes had not been
abolished, but $4,000 600 had been paid
out for the Panama canal property and
rights: and that S5,OOO.OO0 had been
given. and nearly $J.O0O.OO0 more loaned
to the Louisiana Purchase Exposition.
When we summarize the treasury cash
transactions from the beginning Of
Cleveland's second-term first fiscal year.
July I, 1893. to tho close Of Roosevelt's
third fscal year. June 80. 1904, We have
the following:
Cleveland's loss In treas
ury cash .............. $13S, 100000
McKinley's gain in treas
ury cash .............. 261 .000.0O0
Roosevel's. gain in treas
ury cash .............. 24 100000
Paid cost Spanish war;. 34O,OOO,OOO
Paid Spain for Philip