at last, is now Secretary of State; and Conkling leads his party in the Senate. Depend upon it, the American people, like those of Britain, have great regard for men of courage: but none-none for trimmers. The following table shows the rise and fall of the National Debt of the United States from the last year of peace, before the war, to the end of 1881 : On 1st of Jan., 1880, less cash in the Treasury 2,011,798,504.87 DETAILED STATEMENT OF THE PUBLIC DEBT OF THE UNITED STATES ON THE 31ST DAY OF DECEMBER, 1879, WITH AMOUNT OF DEBT UP TO 1ST MARCH, 1881. $1,786,686,850.00 $23,686,697.89 14,691,925-26 997,658.83 Debt on which Interest has ceased since maturity DEBT BEARING NO INTEREST. Old Demand and Legal Tender Notes $346,742,366 00 TOTALS. Certificates of Deposit Fractional Currency Gold and Silver Certificates 10,245,000.00 15,674,303.78 21,050,010.00 393,711,678-78 Debt, less cash in the Treasury, January 1st, 1880 Debt of the United States, March 1st, 1881 7,597.03 It will be noticed that the total amount of our national debt in 1860, the year immediately preceding the war, was 64,842,287 dollars. With each succeeding year the sum increased until it reached its highest point in 1866, when it stood at 2,773,236,173 dollars, showing an increase of 2,708,393,886 in six years. Since 1866 the debt has been gradually and continually decreasing (though the foregoing table does not seem so to exhibit it, a discrepancy easily accounted for by the necessary action of the Treasury) until the present time. On the 1st of March, 1881, as I have stated, it was 1,879,956,412.87 dollars, showing a total decrease since the 1st of July, 1866, of 893,279,761.69 dollars. The cost of the war to the National Government was, in round numbers, about 3,000,000,000 dollars. To this sum must be added the expenditures of cities and States, in the form of bounties to the soldiers and provisions for the widows and orphans of the war, which must have reached 500,000,000 dollars. Then comes the amount spent by those incomparable national charities, the Sanitary and Christian Commissions, in the noble work of providing, by the free-will offerings of the faithful North, necessaries and delicacies for the sick and wounded of all our armies: this expenditure may safely be stated at 500,000,000 dollars. Thus the cost of the American War, ascertained from reliable sources, and estimated with great caution, reaches the stupendous aggregate of 4,000,000,000 dollars! Brown, John, Col. Washington's Calhoun, John C., his views on Calhoun, John C., conversation Castleman, Dr., on the feeling Congress, speech by Senator Cling- Congress, feelings in the West in Congress, Conscription Act passed Congress, grade of Lieut.-General Conscription Act passed by Con- Confederate money, value of Cook, Captain, remarks about cowardice Correspondent of the Tribune Count de Paris on McClellan's Curran, Henry, wounded in the entertained towards General Pope 77 Curran, Henry, Captain, at Sailor's Camp life Channing quoted Charleston Convention Treasury Chase, Salmon P., his Legal Tender D 222 Davis, Jefferson, rumours con- Early, General, burns Chambers- 159 160 Early, General, is defeated by 59 Sheridan 168 Early, General, his victory at Win- 67 chester 216 84 Early, General, his defeat at Cedar 171 |