Extravagant expenditure is closely connected with enormous revenues. Economy of administration is a lost art. Federal expenditure in 1860, exclusive of payment of public debt, was $1.94 per head. In 1870 it was $3.52 per head, and in 1875 $3.38. The $4,500,000,000 of Federal taxes[7] of the last eleven years have not been exclusively appropriated to reduction of debt and defraying necessary expenditures. Officials have been needlessly multiplied, jobs have been created, peculation is common, and millions have been squandered on contracts made with hungry partisans. Such an exhaustion of national resources is governmental robbery. In the purer days it was a political maxim that no more money was to be taken from the people than was necessary for the constitutional and economical wants of the Government. Large revenues and large expenditures are mutually recreative. Mr. Calhoun, the most sagacious and philosophical statesman of this century, said, in 1839, "I am disposed to regard it as a political maxim in free States, that an impoverished treasury, once in a generation at least, is almost indispensable to the preservation of their institutions and liberty." All experience shows that excessive revenue and large expenditures increase the patronage of the government and corrupt public and private morals. Some palliation may be found in the fact that wars are demoralizing, necessitate much assumption of power, and that our conflict was gigantic; but after all due allowances the corruptions in America must find a parallel in that period of English history when the sovereign was the pensioner of a foreign potentate. The centennial anniversary of our republic finds a record so scandalous that all honest men blush, and the Fourth of July eulogists have to make the humiliating confession of much of vice and shame in our national life, of a decline from the former high standard of political and moral purity, and of the blister of corruption in high places, upon Executive and judiciary, upon laws, and on the acts of prominent officials. (See speeches of Dr. Storrs and Hon. C. F. Adams.) [7] This is somewhat in excess of the actual amount, which is, however, quite large enough, $3,809,722,765; viz., customs, $1,973,589,621; internal revenue, $1,826,185,813; direct tax, $9,947,331. It is well to remember, too, that the expenditures of the Government have decreased one-half in this period; viz., from $520,809,417, in 1866, to $258,469,797 in 1876. Of this decrease, thirty-three millions is in the interest on the public debt.--ED. GALAXY.