Rensselaer Union, Volume 2, Number 46, Rensselaer, Jasper County, 11 August 1870 — Government Fiuances. [ARTICLE]

Government Fiuances.

s<jtihng seems to trouble the Democracy so much as evidence that the expenses of the Government are-being rapidly reduced. They are perpetually alluding to Buchanan s Administration as a standard of comparison, and wholly omit all reference to the interest on the public

debt, the vaat pension list, and other coats growing out tff the War. Deducting these, then, the caet of the Government u but a mere trifle greater than in 1860 the gold, standard as a basis of calculation—and making due allowance for increase of population. In 1866, at the close ot the rebellion, the expenses of the Government were 1620,808,982.41, fr. m which they have steadily decreased to 1870, when they were, to the end of the fiscal year, $292,118 269.81. This Includes more thin $120,000,000 for Interest on public debt; $40,000,000 for pensions, the coat of the army, navy, ana appropriations of all kinds. Tre reduction this year, as compared with last, was $29,877,828 44, and the reduction of the public debt in the same time was about $160,000,000. That looks like business.—Chicago Republican