Democratic Sentinel, Volume 6, Number 8, Rensselaer, Jasper County, 24 March 1882 — NATIONAL DEBTS. [ARTICLE]
NATIONAL DEBTS.
Abb In tor eating- Account of the DcbU of tlae World. Washington, March 15. The oenans report on publio indebtedness, prepare! under the direction of Robert P. Porter, will make a quarto volume of 667 pages. It forms a history of the national loans and of the debts of the several States. The report contains detailed statistics of the funded and unfunded indebtedness of the United States, of each State, counties, cities, towns, townships and school districts. In the introduction Mr. Porter gives an interesting account of the national debts of the world. According to the best authorities, the national debts of the principal countries of the world have increased since 1848 as follows: Per Cant Aggregate Actual In- of /*- Y f.arr. Debt create. create. 1848 $ 7,627,692,515 1860 10.890,341,688 $2,771,649,478 86 1870 17,117,640,428 6,718,298,740 65 1880 23,286,414,753 6,168,774,325 85 Mr. Porter presents a table showing tho indebtedness of different countries at different periods, and the per oent. of increase or decrease. From this iable is taken tho .following : CouiUriet. 1860. 1870. 1880. Franc0...51,864,136,600 $2,777,522,001 $3,829,982,80$ G. Britain 8,803,200,000 8,883,467,000 8,766,671,000 Busala.... 1,124,161,500 1,070,630,000 8,318,958,000 Spain 625,582,000 1,386,912,600 2,579,245,000 Italy 436,986,000 1,900,000,000 2,5*0,318,000 U. States.. 64,842,288 2,480,672,428 2,120,415,371 Hungary 1,168,093,500 1,054,610,000 1,881,115,360 Turkey... 160,584,500 608,446,000 1,876,436,500 Portugal.. 136,262,000 291,990,000 457,451,000 Australia 180,060,500 442,851,500 Holland .. 442,850,600 869,854,000 389,320,000 Catiada 82,780,500 175,191,'KW Boumania 03,000,000 118,742,635, SwedenNorway 29,199,000 97,830,000 Greece.... 38,932,000 60,000,000 94,361,435 German Empire. 494,435,400 720,242,000 49,817,598 Denmark. 63,264,600 63,264,503 48,605,000 The debt given ;for the German empire in 1880 does not include the debts of any of the states composing it, hat only the empire proper. Mr. Porter, of course, does not claim for statement absolute aconracy, but it is the best that can be compiled from the data extant The average yearly increase of indebtedness sinoe 1848 has been •480,835,079, and if that ratio shall continue the aggregate at the sud of this ocqtary will be #851,583,781,254.
The Democratic Sentinel ifPIOIAtPAPBB OF tAgPEBCOBHtt. FRIDAY. MARCH 24. 1882 '
~ ™7r the DOW law Township Trustees are elected tor four years. The Russian empress forgive the composi or w w t oherasthe“rushin”^p^ Under the new law Ml ditch BMamentfl tan to k. county recorder, whose busings 18 thereby one third. Less than fifty mites of ‘-' o ” h^', * e tion remains to bring 1 0 into Indianapolis, and the wor b eing pushed to a speedy complete . We notice the announcement telegraphed over the wires that ne conveyed his Long Brandi pioper y to bis wife. Was it done to defraud bis creditors? If bo, id he a prop subject for the P- d.
The Monti,efo ‘ era d, ‘■Stdeart, ,/ designates i<s “fcalf-breed” brethren *• “Featherheads. ' Now let the ‘hall breeds’ g t even with the H 'ad stigmatising it as a“Guiteau Repu >• lioan” sheet.
It costs t!m republicans not les.than. f>20t , ,000 to carry Indiana, analmost all of this vast sum was bursed by Stephen W. Doisej. Ih i it was faithfully employed add pu« where it would do the most good, the result attests.
' Gen. Fitz John Porer says his case B in the hand • of the President. I' that is his last and only chance for vindication it is probable lie will have ?• suffer on. Arthur wiii not deign so d him justice unless assured that the proposition to place the Great Natioc Mendicant, Grant, on the retired iis: with a pension of $12,500 p:r annum will be adopted by the House,
Another passenges train wilt le placed on ihe Air Line next Monday ■ running from Dephi to Chicago, The time card for this train has not yet been issued, but it will leave Delph at an early hour in the morning and return in the evening, affording peo plo along the line an opportunity t risit Chicago and return to their homes the same day.
Dorsey, the secretary of the National Republican Committee, the man wRo “carried Indiana for Garfield," is under indictment and held in $20,000 bail to answer before a TJni ted States court to the charge of stealing. Brady, Republican ex-Postmaeter-General, the man who, a t tire solicitation of “my dear Hubbell,” furnished the funds with which Dorsey “carried indiana for Garfield” is hailed in the same amount under a like indictment. But neither; of these eminent Republican statesmen are losing any sleep over the situation. Dare not let them be convic-ted.—-Ex.
Advices from various manufactur ing towns in Massachusetts discloses aveiy sad condiction of things. Operatives are dissatisfied, wages are reduced, and strikes seem to be the the order of the day. At Lawrence a large number of spinners and weavers have struck, not for higher wag j s, but against a reduction of wages* and the indications are the strike will reach alarming dimensions. The spinning girls have been receiving ninety cents a day. proposition is to reduce their wages to sixty-eight cents per day. and about the same rate of reduction falls* upon oihei operatives. Some of the mills declare as high as 40 per cent, divi dends, and the stock is quoted as high as $3,700. while its par value is only SI,OOO. The Boston Post speaks of the condition of the operatives as being about as bad as can be. These mills are all protected and are making money, but the people who do the work are reduced to conditions of squalor, and still protectionists assert that protection is a great thing for American working people.
