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The Way The Money Goes

The Way The Money Goes image
Parent Issue
Day
4
Month
February
Year
1870
Copyright
Public Domain
OCR Text

From all accounts V aëhingtou is a gay place this winter. What with balls, dinuors lunches, and what not, tho extravaganee and display in dre88 and equipaje werc never before equaled. Tbo President and liis Cabinet and certain Senators are living in a style of imperial luxury which tho paltry salaries íhey receive do not begin to warrant. There is no difficulty in ascertaining vvliero tlie money comea from to support all of tb is magnifícente. Tho President' ealary would not pay his wife's millinery and confectionory bilis. ïho oarriages and liorses in tlie stables of tho Whiio House could not be bought for his year's salary. Tlie insigniiicant pay of tlio difl'erent Secretarios is not equal to tlieir mode of life. The sa:ne may be paid of most of tho ofliec-holding gentry. They nre all living beyond thuir legitimate incomes and sober folks cannot but think that the over taxed people aro payinf?, through the taxes, for the music, oysters, boned turkcys, salads, sweet-meats, wines and flowers required every niglit in tho "upper circlea" of the capital. All iii not "lovely" when a Sccretary yQis c'ght ind spends twenty thöusand i year. No wonder the iuveatigation of the go!d rjng corruption brings to view so muclj cxecutive shaine. The oapital is, indeed, an Augean stable. - Louisville Courier. Themouthly statement of tbo public debt is publishcd and is as lollowa : Total debt priucipal aud interest, 2,(i;V-'1187,211.10; amount of cash, einkmg 'und, purchased bonds and accrued interest thcreon in the treasury $207,373,922.54; amount of debt lesa amount n tho treasury $2,441,813,288.02. The amount of tho debt ou tho first uit. was $2,448,740,953. 39, showing a deerease during tho past uionth of $3,933,664.39, andsinoe Marob 1, 18G9, of ?80r 640, 971.09.

Article

Subjects
Old News
Michigan Argus