Taxes Paid by the National Banks. The national banks, under present law, pay to the United States a tax of one per cent. upon the amount of their notes in circulation, one-half of one per cent. upon the amount of their deposits, and the same rate upon the average amount of capital invested in United States bonds. The following table shows the amount annually paid under this law, from the commencement of the national banking system to July 1, 1881, showing an aggregate of taxes paid to the United States, by national banks, of $108,855,021.90: The amount of tax paid upon circulation alone is $49,062,536. The whole cost to the government of the national system, since its establishment in 1863, has been $5,148,649.01. Taxes Paid by other than National Banks. The banks, other than national, pay taxes to the United States on account of their circulation, deposits, and capital, at the same rates as are paid by the national banks. The table below exhibits the taxes which have been paid by these banks for the years from 1864 to 1881, inclusive. The amounts given under the head of tax on circulation have, for a number of years, been principally derived from the tax of ten per cent. upon State bank circulation paid but. The whole amount of tax paid by these banks is $61,540,471.63: Amounts of "Legal-Tender," and National Bank, and Other Currency. $69 32 144 50 69 20 133 00 75 18 133 25 75 04 135 00 74 07 120 00 83.33 110 75 90 29 109 50 91 32 112 00 89 28 Aug. 31, 1865. $432,553,912 $402,965 $26,344,742 $176,213,955 $635,515,574 $144 25 Banks as Holders of Government Bonds. The amount of United States bonds held by the national banks on October 1, 1881, including those pledged as security for circulation and public deposits, was $426,120,950, and the average amount held by the other banks and bankers of the country, during the six months ending May 31 last, was $253,201,340. The total amount held by all the banks and bankers during the last two years is considerably more than one-third of the whole interest-bearing funded debt of the United States, as follows: *Of this amount, $369,608,500 were held as security for circulation, and $56,512,450 for other purposes. Aggregate Capital and Deposits of National and other Banks, at Dates Nearest to May 31 in each of Statement Of the Comptroller of the Currency on July 1, 1882, showing the amounts of National-Bank Notes and of Legal-Tender Notes outstanding at the dates of the passage of the Acts of June 20, 1874, January 14, 1875, and May 31, 1878, together with the amounts outstanding at date, and the increase or decrease. Amount outstanding January 14, 1875. 382,000,000 Amount retired under Act of January 14, 1875, to May 31, 1878 35,318,984 Amount outstanding on and since May 31, 1878. 346,681,016 Amount on deposit with the Treasurer U. S. to redeem notes of insolvent and liquidating banks, and banks retiring circulaton under Act of June 20, 1874 38,039,414 The following condensed table shows the taxes, both National and State, paid by the national banks during each year from 1866 to 1880, inclusive, and their ratios to capital: These statistics show that during the fifteen years covered by the table the average amount annually paid by the national banks to the States and to the United States was $16,589,199, or more than 31⁄2 per cent. upon their capital stock; during the last year given, the total amount paid was $15,994,925, or more than 4 per cent. upon the amount of the average circulation of the banks then in operation. Imports and Exports of Gold and Silver Coin and Bullion. $ 34,119,912 7,278,655 41,398,567 25,881,463 11,345,522 37,226,985 1,134,166 4,152,272 5,286,438 7,278,655 41,398,567 25,881,463 11,345, 99,709,1049,903,850 109,612,954 1,221,925 11,183,939 12,405,864 726,659 4,289,629 5,016,288 XXX. ADDENDA. Republican Platform of Delaware, July 27, 1882. | supplies and advantages with which nature has The Republicans of Delaware in Convention assembled reaffirm their adherence to the cardinal doctrines of Republicanism, as enunciated by our National Conventions. We pledge ourselves anew to those great constitutional doctrines, the enforcement of which has made and continued a government "of the people, for the people, by the people." We demand a fair and full protection of all American industries, believing that the working men of America ought not to be compelled upon unfair terms to compete with the pauper labor of Europe; a fostering care of our shipping interests, that American commerce may have a living chance on the seas; a just and wholesome reform of the civil service as against the Democratic "spoils" system; a free ballot, fair count and honest return, as against the shotgun and tissue-paper ballot. We affirm our adherence to the doctrine of equal rights for all men, and local self-government, but declare that we are a Nation and not a league; and we believe that free schools and a common school education are the only sure foundations of a free government. Deploring the untimely death of our chosen leader, the late President JAMES A. GARFIELD, regretting "the deep damnation of his taking off," and embalming him in tearful memory, we tender to President ARTHUR and his administration our fullest confidence. Taking office under exceptionally adverse circumstances, at a critical period, his coolness, courage, executive ability, and devotion to the true principles of Republicanism, not only excite our warmest admiration, but demand our unqualified and continued support. blessed us; in short, they have illustrated the Bourbon, who, learning nothing new, ties us to the dead past, regardless of the magnificent energies and improvements which everywhere surround us; that while nature, climate, situation, proximity to markets, are all favoring our State, we find the one impeding obstacle to be Democratic control. To remedy these evils, we declare ourselves to be the Party of Progress and Reform, and affirm our adherence to the following doctrines, which we believe to be for the welfare of our people: Representation on the basis of population is a fundamental principle of true Republican Government, and ought to be established. The State should be divided into Senatorial and Representative districts, and the Senators and Representatives in the General Assembly should be elected in such districts exclusively by the people thereof; and the counties divided into Levy Court districts, and the Commissioners elected exclusively by the people thereof— thus securing the right of the minority to be represented in both these bodies. All county officers should be elected directly by the people thereof, and their pay should not exceed a reasonable compensation for the service rendred. Our present judicial system ought to be simplified so that justice in civil and criminal causes may be more speedily, less expensively, and more conveniently administered. More liberal exemption laws should be enacted, applicable to all debts hereafter con tracted, and in any such enactments it should especially be provided that wages for the current year should be wholly exempt from attachment or execution process. Our present assessment and collection laws were conceived in sin and born of iniquity; the purpose of their being was and is exclusively to perpetuate the misrule of the Democratic party; and their administration by the Levy Courts of the several counties has, in pursuance of that purpose, been in derogation of the rights of freemen, costly, unjust, partisan and dishonest. That to secure these objects and insure a wise economy in the expenditure of the people's money, and the natural and legitimate growth of our State, the time has come for such a gen We declare the Democratic party of this State to be unworthy of the continued confidence of its people, because, having been so long in power, they have become utterly regardless of the wishes of the people, as expressed from time to time in their petitions to the legislature; they have been extravagant of the people's money, and by a system of accounts, both in State and county finances, have concealed from the people full and accurate knowledge of the expenditure of the public funds; they have been profligate beyond parallel in their allowances to legislative attaches, attorneys, printers, etc., by which they have created and maintained a Ring at the pub-eral remodeling of our laws and system of govlic expense; they are opposed to the education of the poor man's children, believing that the ignorance of the many is necessary to the maintenance of a few; throwing every obstacle in the way of immigration into this State, they have steadily opposed public improvements; they have neglected to take advantage of the low rates of interest upon which money can be borrowed; and, by a system of unwise and injurious taxation, have crippled the energies of Our people and failed to protect the abundant ernment as to demand a change in the organic law; and we therefore declare ourselves in favor of a convention of the people to so alter and amend the Constitution of the State as will secure the retrenchment and reformi so necessary to its growth and prosperity. INDIANA. Democratic, August 2, 1882. The Democratic party of Indiana, in Convention assembled, renews its pledge of fidelity to the doctrines and traditions of the party as illustrated by the teachings of Thomas Jefferson, its founder, and exemplified in the administration of the Government under Democratic rule. And we insist upon an honest and economical administration on the principles upon which it rests, conceding to the Federal Government its just rights and full powers as delegated in the Federal Constitution, and claiming for the States and the people respectively the powers therein reserved to them. We arraign the Republican party at the bar of public opinion for its long and continued course of usurpation and misrule. It has disregarded the rights of the people and the States. It has held on to its ill-gotten power in defiance of the popular will, by the corrupt use of money in the elections, and it has corrupted the public morals by elevating to high places men who are known to be dishonest. We condemn the Republican party for enacting and enforcing laws designed to place the elections under Federal control in violation of the rights of the State. We condemn it for the fraud and perjuries of 1876, by which the will of the people was set aside and a usurper placed in the Presidential office for four years. We condemn it for having kept up and maintained in time of peace an onerous and unjust system of taxation by means of which large sums of money have accummulated in the Treasury which ought to have been left in the pockets of the people; and we condemn it for its wasteful extravagance in the expenditure of public money. We condemn it for its shameless disregard of its pledges in favor of "Civil Service Reform," and its corrupt use of the public patronage under the "spoils system." We condemn it for its systematic levy of black-mail upon the clerks and minor officeholders of the United States, in violation of law, to raise a fund for the corruption of the ballotbox; and we call especially upon the voters of Indiana to vindicate their honor and to erase the stain that was placed upon them by the "Dor. seyites" in 1880. We demand that the present wasteful and unnecessary expenditure of the public money shall be stopped, and that the surplus revenue shall be faithfully applied to the payment of the national debt. We demand that the Federal taxes be reduced to the lowest point consistent with the wants of the Government under an honest and economical administration of its affairs, and that such taxes be so adjusted as to secure an equitable distribution of these burdens. We demand that there shall be such reforms in the Civil Service as will again result in the employment in the public service of those only who are honest and capable, and that no assessments or exactions of any kind shall be required of them for political purposes. We demand protection to our citizens, native and adopted, at home and abroad, and we denounce and condemn the present Republican Administration for its neglect of duty toward those lately imprisoned as "suspects" in the jails of Ireland by the arbitrary action of the British authorities. We demand a revision of the present unjust tariff. The Constitution of the United States confers upon Congress the power to establish a tariff for revenue, and, as a just and proper exercise of that power, we favor such an adjustment of its provisions, within the revenue standard, as will promote the industries of the country and the interests of labor, without creating monopolies. The Democratic party is now, as it has always been, opposed to all sumptuary legislation, and it is especially opposed to the proposed amendment to the Constitution of Indiana, known as the prohibitory amendment, and we are in favor of the submission of said proposed amendment, as well as other proposed amendments, to the people, according to the provisions of the Constitution for its own amendment; and the people have the right to oppose or favor the adoption of any or all the amendments at all stages of their consideration, and any submission of constitutional amendment to a vote of the people should be at a time and under circumstances most favorable to a full vote, and therefore should be at a general election. That we freely indorse and approve the laws passed pursuant to the demands of former Democratic Conventions, making provisions for the safety and protection of laborers and miners; and providing for the collection of their wages, and are in favor of all other enactments to that end which may be necessary and proper. The free schools of Indiana are the pride and glory of the State, and we will see to it that they are not poisoned by the breath of sectarianism, nor destroyed by waste and extravagance in their management. In the relations between capital and labor, we favor such policies as will promote harmony between them, and will adequately protect the rights and interests of labor. Missouri Democratic, July 26, 1882. Resolved, That we reaffirm the great principles held by the Democratic party, which are the foundation of free government, among which are equal rights to all, special privileges to none, protection of the weak against the encroachment of the strong, equal taxation, free specch, free press, free schools, and a free and incorruptible ballot. We demand reform in the civil service, and adequate national legislation to prohibit the assessment of persons holding office under the national administration for political purposes. We condemn the extravagance of the Republican party in expenditures of the people's money which has characterized the legislation and conduct of that party. We are opposed to the present iniquitous protective tariff, and demand a reduction of all duties to a basis only necessary to secure public revenue, and denounce the evasive and dilatory policy of the Republican party in preventing the needed reform. In accordance with the history and traditions |