Rensselaer Union, Volume 1, Number 46, Rensselaer, Jasper County, 12 August 1869 — The Agreeable Outlook. [ARTICLE]

The Agreeable Outlook.

One yew ago we were making no progreoa in the reduction of our national debt, had made none for months, and wete jttslr to ®»ke none for months to come, Mr. Alex. Delmar, the leading Copperttead Free State statistician, had recently put forth a manifesto, at the suggestion, and with the emphatic indorsement of Messrs. Wilson Ch Hunt, Henry Grinnell £ Co,, showing,, by elaborate computation* and marshaling of long columns of figures, that there would be a Treasury deficit of $175,000,000 ton the first day oi this present July. And as nothing but a rebel victory ever exhile»‘®d B«™°eraey like surrendereu many coiamns to Delmars exhibit, and the Democratic press had everywhere hailed it with-exnitation as a ■are premonition of fiiture national distress, discredit, and humiliation. One y&r Ms- passed, and with it «hp rule of Andrew Johnson. The wholesale thieves whom be installed in power over onr great Custom Houses, with the lesser TiOiens to whom he largely confided the

collection of Internal revenue, have been diamfcsed to the obscurity for which they should feel so grateftil, and Republicans appointed to fill their places. The laws arc the name as ever—them has been no change calculated to increase the revenue or esentbilty reduce expenditures; yet the revenue it increased, while the expenditures are reduced, so that we are paying off nearly ten millions per month of fee printed of our debt, after discharging every current obligation, including the payment of over ten millions per month of interest Iq coin. Meantime fee guncral thrift Is quite beyond! precedent. We are building new railroads at fee rate of somo thousands of miles per annum. We arc improving and relaying many old ones, in many cases with tteel rails. We are erecting factories and fernaccs by hundreds, mainly in the West and Houth, where they have hitherto been deficient. In spite «f a too prevalent fondness for trade and speculation, we are building many new farm houses, and repairing old ones, as every one who travels in whatever direction must observe, More than this; we are making new homesteads and farms out of wild prairie forests, with unwonted energy and rapidity. Michigan, Wisconsin, Minnesota, lowa, Missouri, Kansas, Nebraska, are growing as new States have Reldom growh, though hundreds of thousands are reaching beyond them to Colorado, Wyo ming, Idaho, Montana, Nevada, California, and Oregon. In spite of our heavy’ debt, and of the formidable State, county, city and township war debts which wc arc more rapidly paying off, this country, incliidiag her States lately desolated by civil war, is increasing its productiveness and wealth as no country ever did before.— Ne>e York Tribune.