The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1848-04-01

s.
tinted kingdom Of Great Britain 10 lslf, snountsd 10
ESQ COT 7oo against s5 $50 Ia isa6) In the List
of EXPORTS butter figures for fla9,4ss candles for
fA6 S76 cheese GAG Goals and cum for fs76 ST.
cotton manufactures for Ell ss2 a93 cotton yarn for
f5 297 esrthsnwa for fss4 lsl fish for
glass $500 hsrdwarss and cutlery for f2
leather for f339 G7e linen manufactures for e. $685.
linen yarn for 1850 s07, machinery for 2asel ms
tails Of all sorts for STA, salt for fa605sl silk
goods for f97s soap for fis5la refined sugar for
wool for casa 55a woollsn yarn for 006 s9l
and woolsn manufactures for f6 8ls. The number
of vessels that entered nwards and cleared ouwards in
the year ended the 9Th Of January last amounted
spsctivey to 2oesl, tonnage 6Osl e5a) and 1885,
Coinage A,7l92A) The number of vessels employed
In the cossng trade appears to to about OOO
The financial position Of the three great commercial
countries Of the world 10 present matter for deep
consideration When the people Of the old world have
experienced such revolution in political affairs
and when the monarch!cal governments still in existence
threatened with overtime 1t nimdatss capitalists
and turns their attention to investments ia securities
beyond the influence Of such political changes They
look 10 vain to the present governments of Europe
such security and the republics which will rise
out of the ruins Of monarchiss will be for tins very
ed-wlthout national credit national
sufficient to command it-and they must depend upon
this country for such investments will relieve them
Of ell anxiety and apprehension. It has ever been
matter for much speculation among Anauoisrs on this
side Of the Atlantic what has heretofore constituted the
security of loans made to European governments; and
the result Of the revolution In France has disclosed
st, at least connected with this question: and which u.s.
that the people, after all control the financial we'll
the political affairs of tbs under which they
live.
We Ind that the government Of Louis Philippe,
OF $50 100000, with the MssMs Rothschidi. Shrewd
observers Of the political movements 10 that country
long before that time predicted revolution in the
government before tho lapse Of many years. and nearly
every agreed upon the certainty, almost of rovolu
ton upon the death of Louis Philippe, event which
might ranspire at any moment. In The face Of those
things the Messrs Roshschuds loaned the government
fifty millions Of dollars at three per cent interest," at
about ssventy-avs per cent on par, while the same
house suspicious Of the credit ofthe Of
the United States that loans bearing interest
not considered worth taking these have
fears ofa republican form where the people
have voice in all the financial and political movements
they exhibit less foresight and knowledge of human
nature than we have given them credit for and they
have yet to learn that the on sod substantial safe
and permanent form Of government IA republic,
founded upon . constitution similar to that Of the
United States. They have this to learn but they
have beon blind upon this subject that they will
have to pay dearly for their knowledge. There IL
one chance left for the Rohschilds and other great
capitalists of Europe to redeem themselves from the
error into which they have fallen. The government
Of the United States will soon be in the market for
loan of sixteen millions Of dollars and 1t would be we'll
for European capt. every fraction Of this
loan. Recent have fased ell sensible that
loans made to the of the United States
aYia in
and what it is more it is the most profitable Investment
of tie kind that can bs made.
We annex statement showing the debt, population
and extent of territory of each Of the three most i'm
portant countries in the world -
DEBT AND POPULATION THE UNITED STATES, GREAT
1917 and as. Uniiea SAFES Gssst Erin France.
Aages.ts debt COO $io5s oSo
Extent Of Territory.
acres ...... $3.50 oooo 12sssooo 900
In putting down the debt of the United States we
have included the loan authorised by the bill just
passed. and other contingencies gro wing out of the
settlement of the of the treaty recently ratified
by our government, and believe that the whole will
b, covered by the figures named above. The i'm
menss difference In the indebtedness and extent Of
territory of the three countries named must strike every
with astonishment and the internsl Of
each differ much the three items above given. The
extent of territory of the United States given in tho Ia
ble does not include Texas New Mexico, or California
Oregon any Of Western ontier the accession Of
these sections must increase the aggregate enormously
When we take into consideration that the immense
tent this country Il watered by the most extensive
rivers on the the ssrthrivers which naviga
BILE thousands Of miles for vessels Of the largest sizs
giving an outlet to the productions thousands OF miles
in the interior-when take into consideration the
fact that railroads connect and bind together every
territory; and that this territory Is inhabited
by the most snerprng energetic and class
of people tho thone upon, enjoying every
rsty Of climate producing the most important staples
in the greatest abundanos-whsn We take into consi
derston these things, in connection with the all i'm
portsnt fact that with all these.blsssin have the
tai man. idea be formed of present position
and Of our prospects for future What is debt of
hundred millions of dollars to such country and such
people? It is bsgstelle. The most unfavorable
feature about this any other debt the of
this country may create Is its ultimate payment
rather payment at maturity 1t is desirable thing to
feel satisfied that government pay its debt u
matey but the longer loan has to run the more valua
bic 1t is investment Holders Of government stock
are like tbs Frenchman who told Of his debtors
had failed. In presenting his demanA payment at
once offered to him. but the Frenchman said he did not
want tho monty If he could pay, but II he could not
he must haveit So with holders of stocks
II the il able to pay they do not want the
money; but If tho governmsnt cannot pay, they must
have 1t ut once.
The of the United States can do what no
other government the face Of the earth it can
pay of every fraction Of Its debt without any alteration
modification increase of the system and Of taxa
tion long before 1t reaches maturity Fer the purpose
Of showing the of the three governments from
which the annual Of eacn are derived