The Evansville journal. (Evansville, Ind.) 1834-184?, 1844-08-01


cultural prosperity"
We have a striking illustration of the Gre
alive powers of the same species of industry,
in adding 10 the mass of national wealth, in
The history of our own country since 1920.
In that year, according 10 the census returns,
the gross annual amount of manufactures,
produced in the United States was $685.
l15,000. In 1910, their nett annual amount,
(afier-deducting one-third of the gross a.
mount on account of the value of raw ma
terials,) was $780, ,224; thus exhibiting
IN increase of more than six hundred per
cent. in twenty years, without making any
allowance for the difference between gross
and nett value. An able and learned writer
of my own State. professor Tucker,) who
has laid the whole country, and especially
its Legislators and public men, under deep OBJ
legation by his recent valuable work on lis
statistical history, has deduced, from COM
parison of The date furnished by our census
returns, the decennial rate of increase of the
national wealth in each of the great branches
of national industry in the United States.-
He shows the average decennial increase of
wealth in those various branches, for the last
fifty years, TO have been about fifty per cent.
while the increase in manufactures for each
term of ten years, since 1920, has been at
the extraordinary rate of two hundred and
| eighty-four per cent, according TO data
which he considers safest for a comparative
estimate. There is one criterion, suscepti-
BILE of precise ascertainment, which seems
fully 10 sustain this estimate, surprising as it
lis in its results. | refer TO the exports of
domestic manufactures, which in 1920 were
So, 342, 900; in 1910, $l2. S0S, $40; and in
1871, $l3.223,O OH ;being an increase gilmore
than six-fold in twenty-one years, while no
other class Of domestic exports has even
doubled in the same period.
Every person, Mr. President, must per-
%ceive, at once, immense benefits resulting
from this rapid growth of the manufacturing
wealth and industry ofthe country to all the
other great branches of American enterprise
Ito our commerce, TO our navigation, to our
navigation, to our agriculture. We have just
seen, sir, how strikingly it has already full
filled the anticipation expressed by MIR. Mad
ison in his memorable Message ofDecember
1915, that it would ssbecome, at an early day
not only a source of domestic wealth, but
of external commerce." Its contributions TO
the foreign commerce of the country will
become daily greater and greater, as the
rapid improvement in the skill of eur ~ariizans
and the superiority of their fabrics, become
more and more known. But it is IN furnish
f ing exchanges for the vast interior commerce
of our country, though the multiplied chan
? nels of intercourse along our lakes, our river
our canals, our railroads and our sea coast,
that its great importance 10 the commercial
: and navigating interests of the country is
| chiehy seen and felt. | have been so much
; struck with a statement ON this subject, con-
tanned in a recent public letter of an able
and distinguished gentlemen, Mr.. Nathan
: Appleton of Boston, with whom | have had
: the honor of being associated in the public
service here, and whose high personal char
acter and accurate practical information are
n known to all, that | take the liberty TO read i
I to the Senate. "The trade,n says Mr.. Ap
pleton, sbetween Boston and New Orleans
employs a greater amount of tonnage thar
) that between New York and Liverpool eve
aid. Upwards of fifty square rugged vessels
of the larger class, have arrived at this por
during the sixty dayso February and Marcel
l-l-one half oftheir cargoes, at least, consist
ing of the produce OF the valley of the Ohio
This trade is the result of the protective sys
tenn. How could we take their beef, pork
-four, lard and wool, if they did not take OF
~calicoes, ~cottons, cabinet wares, shoes AM
other notions"
Let us glance, for a moment, at the advan
tages flowing from this great development @
the manufacturing industry ofthe country Il
d the most important of our interests-th'
n nursing mother of all the rest-our agricul
j. ture. 1t is manufactures, Mr.. President
is which create the chief demand for the pro
a. duce of agriculture, either as subsistence 70
~ those employed in them, or as raw material
for the fabrics wrought by them. Hence
s. has grown into an axiom of political economy
that 'slourshing manufactures and commerc'
are indispensable 10 a flourishing agriculture
IT, and | cannot agree, Mr.. President, will. tn
al honorable Senator from South Carolina, (M
at McDufie,) that Manchester, Burlington an
tn Leeds are our natural markets for The cor
lie sumption of our produce, or the supply {
IS, our wants, On the contrary, the great or;
rt Gle SO often invoked by those who belon
lie to the same school of economical scienc
E. and policy as the honorable Senator, e.
m ptessly declares that "every country is ne
c~essarily the best and most extensive msrkt
in for the greater part of the productions of i
own industry"
IL A COMPLIMENT TO HENRY CLAY
ms G. w. Featherstonhaugh. in his "excursio
lat through the slave States," pays the follow
Nv ing deserved compliment to this ~illustriot
u statesman, which comes with double weigh
as the reluctant testimony of one no wis
it'll partial to us, or to our instituti