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The Daily Dispatch: April 5, 1862., [Electronic resource], article 1 (search)
ernment since its foundation, even including all its expenditures for its own support from the first day of its existence, and how more desperate the necessity for further expedients for relief. We take for a basis of exhibit the statement of Mr. Spalding, of New York, a member of the Committee of Ways and Means in the Federal House of Representatives, in a late speech on the finances, he computed the eventual debt entailed on the Federal Government by the war, in the most favorable event, and 89 to 1860, were as follows. Customs$1,,570,154.28 Lands174,947, Miscellaneous$5,122.72 All the receipts of the Federal Government, during its whole existence to the beginning of this war, and, therefore, just about equal to Mr. Spalding's estimate of what the war will have cost if it stops soon. It must be noted that this eighteen hundred millions of dollars is only the debt which the Federal Government will have contracted beyond its available means. The cost of the ex