Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1829-02-05

| 1921 o. $40
| This table show slapid dimnutlon OF the ex-
,oors o, tins Important staple. IT about ihren
Lmillinns. ON three-i urths Of thu whole IN ai,oa
five years. reducing ii To the minimum pom, II
witch II has renamed. with little variation evsr
i"nca. The editse OF It's immense change is In
,ioss ofhe foreign Blar,ti, nat the exhaustion
the fertility OF our soil. of the dim nj shei pnWe
Of t.tr country. "a the contrary. ihai pns -
has grown with its rapidly inerelsinf nefa
too. la the Last ten years. three millions hive
probably been sdlt 70 apf NUMBERS and ont
poHef- of production hive heen ffapefho..
ably increased. Had the foreign armand con
hnued, Our expectation OF bread slofs wfeld
! have been swollen 10 tie amount al iwenty 81
millions ipsicad af having bern reduced 10 less
than .A Il would have beeu Impossible 10 cni.
tc'dtle he effects of this ehnnge. had not The
iIpn experienced them. Here Is withdrawal
Ut an accus' outod market 10 the aniopni of n,en
I ~ inlii3as ia the single article Thread stuils
aud, embracing In uthef ordinary Product ns
| 81 agriculture, II eannol hc estimated nj less
| taan forty IA llans. 20 this amonnl does the
power 81 Ihe agriculture of the founiry exceed
| IT, productions. To THIS amount II may be far
| " estimated u hns Lost u matka, :, hnd onee en-
| loyedt o this extent have our rommere,a
/ reign re,aiions been change within the In
| ten yea $, by the change 81 he Condition an
pn,cy Of foreign nalions producing an lmmsns.
/ Hute ~ our condition, hud inperiansy dts
t'nanding n corresponding change IN oln policy
lhoac changes suilic lenily account lot The ca,
hurassm, ut aud depfe siaa Of agriculture,
aud then consequence have been exclusively
aud grieyonsy ruinons. he depfeeiation u tn
procure of the soil, aud the rapid diminntl1n al
III" quantity, haye greatly rednt al the Ynlne a
the soil ITSELF aud sunk 10 bnlfiis former amounf
| Ibis great capital 81 tie alion
4 H. H.
of the govcinmf nj. both duty aud policy d..
nand ~ provision aud application Thai rem
"dy IS most obviously an enlarged demand for
me pr uci OF agriculture. causing, as aeeessa
Ert Consequence. both IN increase oil quantity
aud ol price. But this remedy ehn be appl g.
'nly by dieersilym the pursuits of the lhrine,
and adapting the fruits oil his soil AID labor 10
To- consumption OF the country and SUBSTITUTE
the domestic productions for the foreign suppl,
The condition and policy offoreign nations To-
id tho hope freli,ffrom abroad. and comp
rs 20 look. ns thu last resort 10 thu home nm
bet. This consideration, together with the n
n,re Of the subject reietfed 10 the committee
has led them 10 inquire into the snlns oi his
marhei in the article Of silk aud the fitness of
the soil aud climate # the country ~ pfodnc
IL. This inquiry has elected nets aud fesnll5
which they have thought deeply interesting 10
he ualon. aud which they now submit TO the
consideration OF The House
On referring to fbo tabular statistical views 81
Mesns Wsterson and Van Zandt, they haye
,sc,rfnined the value Of hr silks imported ini,
''ic United States for The last seven years II be
! s follows
In 1891 ~. ts6,o2i In 1879 Slo.26l,527
! 1922 6sho2s 1926 slol,s37
| 1929 6,7l377I 1877 6,bJ5, 2i5
1924 7.2oa. 33s
! Aoou ting, IN III az regate to the onornon,
.um of $3.50, l66. 566 making m average annu
| ~ importation Of ~, los 223 worth of silk
| mt II this amount. WIS re-ekpofted, Sl2sD3
e5s lenvIng for the home market R37 Do
! 7os; nnd showing M aVef.pe annual cossnmp
,,on 81 Sill Of - 223 2td
Bla tlis statement is lar from exhibiting 10 the
! capitalization of Tins coutiyfthe true amount
! If these irnporlaiions. Ihs 3 The amour, III
! the nv ice prices; the prices OF the goods a
tho places whence imported the prices not Il
I sell hv, hut 10 pay dnes by the price 10 tie
I iareiga manufacturer, perhaps, bnt mol 20 III,
| American consumer. The ieial market ynlpe
! hich !, the price he purchaser pays IN hbar
IN produce. or IN the dollars an3 CENTS, nusi IL
ule, FIST the duty, from twenty 10 fweniy fy,
!plr cent scfopd, the ehnfees aud profits .
nnpa'iarlpn AT least ten per cent, mote an,
IN d, the ordinary retail profii, 'wonty fs" Pc
cc't on The Wholesale cost This per oenlng,
vel. the value Of the importafipas Of silk, To-
f,.. -, $1,000. : - 60 -. - -
-n1 5ns a,,.s',.,,,. ssip ,an
- -, :,
Ia - - w.
s,s,,,,,od - ~, .I,,,',', ~, -,
: ,', 49, o., " V''' W. ~
- : - a.. -, =, 's -
,.,,.,,,, ,,.., {, a., a. p'
I.,.A., ''.',l,,a
ihem and manufacture them would enrich TIN
l,Yu and ~ t.rt - NJ bn iIs
~ ~ ..''''.,5 - ~ mr. -
',''1' = - 'n' ~ ~ =" :,
-, -, -
, ,.,,d'.a an =. ,i..,.,a. .'a.,.,,
-
p st5,. - - n,
','' ~ I"''' -
|pP' - '''','' 80 ~ '}''a'i' = I'M =
:, .t 49,, ,,' ' W. -
'"H'e'' ~ ~ '''"'' "'''' ~ i''"" "'''A =