The National Intelligencer And Washington Advertiser

Millions eight hundred and thirty eight thousand, six hundred and seventy dollars. But to make it appear still plainer the following statement will be useful.

Under the Administration of Mr. Adams the principal of our national debt was increased
Dollars
6,368,438

But Mr. Adams left in the treasury, April 1, 1801, dolls. 1,794,000

And his armed vessels sold for 275,767

Making in all to be deducted 2,069,767

Leaving for the true increase 4,298,721.

But since under the administration of Mr. Jefferson for two years and a half, ending Sept. 30th, 1803, has been paid on the principal of the national debt,
dolls.
9,924,000

And was found in the treasury Sept. 30, 1803,
5,860,000
15,784,000

From which however must be deducted the money Mr. Adams left in the Treasury April 1st, 1801, leaving
1,794,000

The money arising from the sale of Mr. Adams's vessels
275,767

And the money arising from the sale of the bank shares
1,287,600

Making in all to be deducted 3,357,367

Leaving for the actual difference 12,426,633

in favor of the administration of Mr. Jefferson for two years and a half.—

And if in that ratio we may calculate for the one year and a half ending 31 March, 1805; being the experiment of four years under the administration of Mr. Jefferson, it will be 19,722,612

Now if to this be added the addition Mr. Adams to the public debt, viz.
4,298,721

It will be 24,021,333

Shewing the actual difference between the cost—Mr. Adams's administration to the United States for four years, and Mr. Jefferson's for the same length of time. Although in this statement I have not concluded the direct tax, and all the internal taxes that were repealed in 1802, which if included with all their necessary and unnecessary expenses, as they were originally drawn from the people, it would make a difference of more than 28,000,000 dollars.