The Nation's Unequaled Record

Between August 31, 1865, the date upon which the national debt reached its highest point, and March 1, 1893, the amount of the Government's outstanding obligations was reduced by $1,881,367, 873. To accomplish this remarkable feat of debt paying bonds were purchased before their maturity and canceled to the ainount of $770,809,750. ' The reduction of the national debt by fouryear periods is given on March 1 of each fourth year, as follows, cents omitted : March , 1869 $280,430,492 March 1, 1873 403,948,484 March 1, 1877 65,204,017 Marco 1, 1881 73,646,781 March 1, 1885 480,161,982 March 1, 1889 341,448,449 March 1, 1893 236,527,666 $1,881,367,873 On March 1, 1895, the national debt had been increased by $105,328,774, and on December 1, 1895, by $57,273,470, rnaking the total increase under the present ( Democratie ) administration $162,602,245. To this frank avowal of Democratie deficieucy and incompetency, we must now add another $100,000,000 of debt, authorized by the Democratie Secretary of the Treasury on January 6, 1896, making the total Democratie debt $262,602,245 within 35 months, as compared with the Republican decrease of debt of $1,881,367,873 within 330 months, the monthly averages being: Bepublican üloiithljr Decrease of Debt, 1865-1898 $5,701,114.77 Democratie Montlily Increase of Debt, 1898-1896... .-$5,502,921.28