| Show SOMETHING ON THE PUBLIC DEBT DE BT in a kentucky exchange vre we find a lengthy extract from fro the of general geo W 11 morgan organ on the conduct of the war d livered delivered before a re recent cent democratic meeting in mount vernon vernoa ohio in which the general speaks with remarkable freedom on the president and nd his friends and then passes on to debt a subject which without the extras of the speaker is not undeserving of attention gen morgan is 13 one of the many military politicians who fist rist at this time seem to be pitch in tug in to the administration without mercy aul ani to have repented evidently of their edri early y cuppert to it in the outbreak of the war this Gen general craUs is the federal morgan whose tena clois elois CIO clo is kriz defense sa ot of cumberland gap in tennes B bae sae ae when itt leli vili without hout provisions or other supplies eup plies for a lon lod long 9 U kunfe me and who rather than gur aur surrender render blew up the thi olt foit and with his brer brigade 0 fou tou fought ht hla hia way through tee tuh to the ohio river subsisting OD on gre gren t er corn during a forced march of eighteen 0 davs days he aiso also rendered prominent service at vicksburg under 1 sherman we pass pasa over the waltzing 0 through of mr lincoln as we are not iio eo ertain bertain that they have yet a seen een the man who child could do much better wih wilh such euch a tempest on hand band and come to the debt the stupendous debt in another year will be equal to the assessed value of all the ibe real estate and all the personal property or of all the states and ind all the territories from nova scotia to the rio grande grandes and from the atlantic to the pacific 0 0 my frit frie rida this thib is 13 no idle dream no sketch as tancy fancy acy aut ut a ataru and dread reality if the wan war wa r codi coji continues dues the liquidated natio national nal nai debt will wll 1 at a low estimate amount tc two thousand five hundred million dollars by the of june 1865 not one of you can measure in your minds the blee site of that monstrous debt when you think of it it is like trying I 1 to fathom eternity but what will you yon say when I 1 tell you that that debt of twenty five I 1 hundred mi million lon ion dollars will only be the diqui j dated that is the settled debt of the nation i while there will be bean an outstanding debt of ten thousand million dolla dollars which added to I 1 the liquidated debt will in make a an aggregate cf twelve thousand five hundred million dollar I 1 but how bow will you estimate how bow can you understand n what hat that sum siim means I 1 will tell teli i lou iou you burn turn to page of the preliminary report aport on the eighth census and you will there find that the assessed value of the real estate and personal property in all the states i and all the territories amounted in 1860 to twelve thousand and eighty four million six hundred and forty thousand and five dollars from F 0 which thih it follows that if the war contin I 1 1 ue beg until J jane ine 30 and if on that day all the lands and al aj the personal property in all th the 9 states and all the territories rieB including incle dl ing i ail all all ail you own ail jour houses and all your lands ail your stock and all your grain were sold we would still be in debt four hundred and twenty six million dollar doliar dol doi laral sl but how do we know the debt will be eo so frea grea at the clo cio cloe close e of the wars with england and mexico AI exico it was found that the out outstanding debt was nearly double the settled debt ant an t you all remember that the mexican war was limited in its proportions it only lasted two years and we had only fifty thousand men while this war will have continued more than four years by the time I 1 have named and we have had an army of a million oe of men you will see therefore that it is reasonable |
