Hates' Illusive Figures

[Washington Cor. New York Kun.] Tho figures which Hayos paradd be'oro the farmers of Minnesota have alroady beon roughly handled. The re;urns, cóntemporary and recently ptttíished by tho Treasury Departmeut, show that liis statement pf thc currenoy in ch'culation in 186Ö was over $200,1)00,000 out of tho way. A small blunder, but of different sort, appcars when lie puts fonvanl the sums raised by Cllstom.s and intornal revenuo as tho niciisuro of Federal taxation, wlien Federal taxation really iuelude.s additioiud laxes to tho amount of from ílf,000,00( I.,, $12.000,000. Aside írom positiva misstatemonts, Huyes' speech put forward the taxation in 1873, the year of the panie, and the expenses then, and, comlaring thein with tlie taxation and expenses nOTf, redueed in the fitst cast; by I $(il ,000.000, and in the other by $59000,000, the taeit conclusión is drawn that the party in liandstlic adniinistratioii of the (uivernnient Htill resta, in spite of ita failure to eleet its eandidate. at tho last Presidontial eloction, lias bc'n tor live yeai.s redoUCng tho expenditure:s as the ret'eipts j'nnn taxation shrank. This is not true. The Republican party has not done this. Had the poliey of the RcpubUcan party eontinued without a breiuc, tho Federal Government would to-day be bankrupt, no surplus wotÚd exist to meet its (Iemand notes whoiidiit1 hext January, and paymonts apon the sinking fnnd would have long sinee been snspelkdéd! The country had just come to tho odgo of ft great conimerciiil pafiio in 1873, when the K(i])ublican i'arty out oiï somo $29,000,000 of revenue by placing tea and coffee on tho freo list without the slightest possible lienelit to a singlo eonsumor. That and other reduelious, and the paikio together, swept off $44,()00,0(M) of revenue. In two years, frorn 1872 to 1874, the revoque feil off $85,000,000. It might havo boon oxpectod that the party in power would have roduced expenditures. It did not. Instcad, the expenditures were increased during the first ycar of this snddon luss in revenne, and only roduced tho next year, 1874, as compared with 1872, about $10,000,000. This Congress did, both branohos Iipnblican. Tho departments did nobetter. Forecasting oxpenditures in the auttimn of 1873, with n rednetion in revenue of $40,000,000 in the fiseal year just past, and so rapid a reduetion in the current fiscal year that a deficienrv of $13,000,000 was predieted, the i partmonts added to past cstimates in years of plenty $34,000,000 in their demands for the fiseal year 1875, or $14,000;000 more than the estimated revenue of that fiseal ycar, and $21,000,000 more than was finally collectod. And yet for three years past, while the House lias attempted to make reduetion.s, l!cj)ublican papers have ning with the declaration that the departments must of necessity know what money is needed for the public service. This went on. The revenue from "taxation," as Mr. Hayes terms the eustoms and internalrevemie reeeipts, feil, year by year, forty-one, thirty-six, tAventy-one, and thirteen millions Belpw the estimatcs of a llcpublican Treasury Department!. lts guesses proved WDrBe tlian useless. Nothing bnt the broad, liberal margin squeezed out of the people over and above the usuid lavish exiicnditures j)reveuted bankrnptcy. To its bonded debt and current expenses the Government, two yoars after the panic, added thc obligation containod in its uroniise to rcdeem its dcmand notes Jan. 1, 1879. Till the olcction of a Democratie House Congress did nothing. From tlio time when a Republican Cowgress made uj) the appropriation, for the year 1871 to the year when a Republican Congress made up the appropriations for 1876 the revenue feil off $55,(XK),000, but the appropriations were reduced loss than $9JwG,000. Neither to Congress nor to the departïncnts did steadily diminishing tases bring the conseiousnoss that exponditures should also diininisli. That pleasing correspondence between reduction in "the bnrden of taxation" and expenditUre since the panic, whieh Mr. Haes di.s])laj-s, is not due to tho pavtv whicb ti-icd to l(H-t him. A Democratie House came in. A Repúblicas Sicntarj of the Trensury anl RegpnUlBan departinciits ))resented mttinwÉflll for 1877, 1(),(MM.(M) larpiT llmn the csli i.iüNd receipte for 1877, mid Sir.,iM)0,0(X) largor than tliose reccipts jiroved to ! when that fiscal year was over. Keduction was begun. The House ent oft' $28,000,000 from tl ie expenses of the Government. It refused to afljéede to (Iemands for extraordinary expenses. A deficit was avoided. The accumulation of coin became posaiblei Tliroiigh both sessions the Forty-fourtii Congress persisted in tliis policy. "When the Fortyfifth Congress met it was to lx; told by a llepublican Secretary of the Treasury that a reduction of 10,000,000 beloAr the point fixed by the Forty-fomth, at its Brat sesëion, could bé mude " without rippliüè any branch of the public service." The economy of a DciiKirnitic House, eontinuod tliroiigh two ycai-s, has kept the expenditures of the (luvciiiiiient witliin its lessencd and lesscniiifi inconie. A Kepublican ex-candidat for the l'resideney pai'ades the iaet to-day.