The Arkansas banner., 1844-05-29


 use would leave s57, 164, l39, of the products of Texas used in the purchase of articles from other States of the Union, il ten years thereafter, how much would she purchase of the products of other States of the Union ?- If we allow Texas to increase in the same ratio to the square mile as the State of Lou isiana after the first census succeeding the purchase from 1910 to 1920, the population, in ten years, occupying the 3l8,000 square miles of Texas, would exceed two millions; and the increase in many States has been much more rapid. But estimated at two millions, Texas would then, according to the above proportion, consume $ ]. .6ii ,390 per annum of the products of the other States, which consumption would be rapidly increasing every year and her annual products then would be S198, 8,863,600; which, also, would be greatly and constantly augmenting. Such IS the wealth we are are about to cast from us, and the home market we are asked to abandon; for wfen we sec that, by the fail
 ure of remuneration, our domestic exports in l843, to Texas, had fallen to $ S140,320; and this, multiplied by ten, would give the con- sumption, at the end of ten years, of our products by Texas, S1 ,403,200, 1t makes an annual loss of a market for our products to the amount of $570,238, 190; and the loss would be greater, if Texas then, as foreign State, consumed of our exports in proportion to their consumption by the rest of the world, , which would reduce her purchase of our products to S300,000, and make otr loss S7l,411,3 ,390 per annum; and if we add to this the loss of revenue from the duties on imports, and the loss of the proceeds of the sales of her public lands, estimated at 5170,- l39. 159, which would all be ours by re-an- nexation, the national loss, by the rejection of Texas, must be estimated by hundreds of millions. Nor is 1t the trade of Texas only that would be lost, but that of Santa Fe, and all the northern States of Mexico, which, with the possession by Us of Texas and the Del Nofta would become consumers of Im- mense amounts of our manufactures and other products, and would pay Us to a great extent III silver, which Is their great staple. Texas, also, has valuable mines of gold and silver, and this also would be one of her great ex- ports, with which she would purchase our products; and thus, by her specie infused into our circulation; render our currency more secure, and subject us to less danger of being drained to too great all extent of gold and silver. Our exports of domestic products, by the treasury report of 1S40, amounted to l SlG3,533, ,896, deducting which from our whole products by the census of 1S40, would leave S959, 9,G00,845 of our own products, consumed that year by our own population of 17,062 ,453; and the consumption of our domestic products, (Sl03, 3,896,) by the population of the world, (900,000,000,1 would make an average consumption of S56 in value of our products consumed by each one of our own people, and eieCeD cents in value of our products consumed on the ave- rage by each person beyond our limits; and thus, 1t appears that one person within our limits consumes as much of our own products as 800 persons beyond our limits; thus prov ing the wonderful difference, as regards the products of the Union, between Texas now and ill all time to come, as foreign country, or as part of the Union. When we reflect, also, that the products of Texas are chiefly of those articles among the few which find a market abroad, it furnishes her with the means to purchase, with the proceeds of those ex- ports, the surplus products of other States, which do not produce these exports; and therefore. the accession of such country to the Union is vastly more important to the great manufacturing interest than if Texas did not raise such exports, but became a rival i producer of our domestic manufactures Hence 1t must be obvious, independent of l the proof here exhibited, that the New Eng i land States, the middle and northwestern States would derive the principal profit from the remuneration of TeXas-Pennsylvania standing first, and then Massachusetts and New Y orll and of the cities, Pittsburg, Gin ciunati, and New Orleans, Boston, New Y ork, Baltimore, and Philadelphia. The city which will derive the greatest advantage, in propor- ton to her population, undoubtedly will be Pittsburg, not only from the wonderful extent and variety of her manufactures, but also from 1 her position. The same steam boat, con structed by her skilful workmen, which starts l from Pittsburg, at the head of the Ohio, l freighted with her manufactures, can ascend the Red river for many hundred miles, into one of the most fertile regions of Texas, and return to the iron city with a cargo of cotton, there to be manufactured for sale in Texas, and other sections of the union. The steam boats of Pittsburg, also, can descend the Mis- i sissippi to the gulf and, coasting along it's shores, to Galveston, Matagorda, and the other ports of Texas, there dispose of their cargoes of manufactures, and bring back the cotton and sugar of Texas, and also the gold and silver which will be furnished by her mines in great abundance, whenever they are worked with sufficient skill and capital. Pittsburg is a great 1cestern city and whether she shall soon be the greatest manufacturing cits of the world, depends upon the markets of the west, and especially on the market of Texas which, we have seen, can alone be secured by remuneration, and, without it, must be lost forever. And shall Pittsburg complain that new States are to be added in the west? i Why, the new States of the West have made Pittsburg all that she is, and all that she ever will be; and each addition to their number will only still more rapidly augment her mar kets, her business, her wealth, and population.