Indiana State sentinel. [volume] (Indianapolis [Ind.]) 1845-1851, 1848-12-23

of politicians, as we'll as the people generally:
The value of exports of the Union for the liscn
year. given in the message of the President, and
compared with former years is as follows:
| United STATES erporis and imports.
Imports. Duties. Domestic Fetegn Total.
1919 ss 1899 s7Oissu s77s9a s3 So 552fg7 ssta4s4o
~. 1881 ssa a9s5n sass 5,o ia II
1916 l2l 997 262667 1922 l4l s93 II 3i6.23 SIG
ss ssa 1872 s a s d oGe IS? s ss 1s
/ The first four years embrace the whole operation of
the tariff Of 1912, and the two last of the present ia
riff The first four years embrace the whole operation of
the tariff of 1912 and the two last of the pre- sent
The large export Of domestic produce in 1S47
crbed to the "famne abroad" and the beneficial OPP
Grafton upon general trade If the international low
tariff denied With the commencement of the fiscal
year lS45-viz: July, 1Sl7-England got in good
harvest. and prices of breadstutfs fell immensely
Yet notwithstanding her good harvest and low prices
added to great fall in cotton. our domestic exports
are 30 per cent. than in previous years. that IS
to say our farmers have sold 1913 100000 more pro-
ducts than in 1914 1915. This at least cannot be
nscribed to 'famne. Again, large portion of that
sent abroad bv our merchants lost through the
failure and bankruptcy of the merchant princes of
London" and the ruin growing out OF subsequent
European revolutions. This loss fell upon COM
mercia capital, and merchants have borne 1t no.
bly,, sustained by sound trade AZ home. The exports
of foreign goods reach high figure, and these in
cnde specie, for which the demand in Europe during
political disturbances, has been great and anomalous.
Nearly all the specie exported has, however, been
supplied from the honrds of the immigrants and it is
not among the least wonderful effects of our nstitu-
tons. that individuals whose life of industry has been
spent in adding to the hoard of coins accumulated in
many instances by their ancestors, and who on
count would, in Europe, expend ii for property that
might be reached by the ia -gatherer sooner touch
our shores than they become endowed with the liberal
enterprise of people, and long secreted treasures,
dsbursed for land and household comforts, seek the
bullion brokers' and supply the export demand for the
precious metals.
Not the least gratifying triumph of principle is
seen in the figures for custom dutles--the amount,
S3l 1871 go, exceeding the estimates Of the Secrea-
ry by 757,O70; the amount of dutable goods import
ed being near S32 600 900 more than last year. Per-
haps part of the Secretary's report last year
more pertinaciously objected to than his estimate of
the customs. The Express" Of this city particular
ly attempted to ridcule them, yet principle has tri
umphed over quackery. AT this moment the prosper
ity of the country, whole. surpasses that of any
other country, OF this IN any former year. 1t is
true that many manufacturers have discharged hands
and oppressed operativ wantony, in order to man
ufacture opinion against the existing state OF things,
aud also that is low, through the disturbed
state OF Europe. These are, however, artificial ex-
cepiions employment is generally good. wages high,
produce fairly remuneratlve, credit good, mercantile
confidence mistaken United States per cent. stock
at 1904 premium, without the dividend of three per
cent. due LIST proylmo; exchange IN favor OF the
country, and money be had at per cent. md in
crea>ing IN abundance Rejecting upon this state
of affairs, 1t is amusing the letters Of Alb
bott Lawrence, esq, dated February, 1916, (nearly
three years ago. describing the utter desolation, bank
ruptcy and ruin, national and individual, which he
siaked his reputation would In eighteen months result
from the low tariff and independent treasury Super
added 10 those Gin his opinlon) causes OF run have
been the unforeseen incidents of foreign war; gener
al bankruptcy In England and political revolution
throughout Europe. Yet we have gone through oil
these with mistaken prosperity and unchecked nation
al progress And Mr.. Lawrence's friends want him
TO be made Secretary Of the Treasury, reward for
his commercial and financial sagacy
THE School LAw.-We find the following letter
in the Franklin Examiner, written by the Representa-
tive from Johnson county. We copy it, because in
dcates the feeling of members upon this important
subject
INDIANAPOLIS, Dec. Is, 1913.
EDITOR ExAMINER.-Dea Sir:-permt through
your paper 10 speak to our friends as to the probable
action of the Legislature on the subject of Schools.
The Education Committees meet together for con-
sultatlon and present appearances indicate that bill
will be reported to the House, providing for levying
tax generally OF about Ten cents on (he hundred
dollars. be distributed the several districts in The
county where collected; three trustees to the township
and district trustee to each district each trustee
To be allowed dollar per day; Auditor to be allow
cd one and halt per cent for placing the levy upor
Duplicates and the Treasurer the amount fol
collecting and dsbursing NoSafe county Super
ntcndent The details Of the bill can say nothing
about; Of the general features above mentioned, al
the committees composed Of men entertaining
entirely opposite views and representing constituents
. whose opinions generally dscordant You ma,
desire to know whether favor the above plan in pre-
ference to raising amount sufficient to support
: school three months In the year in each district by
: general fund and distribution and irrespective of tn,
, place where collected, to have State and County Su
l. perlntendent, &c.
If the condition Of our finances would admit of on
raising half million dollars annually for the supper
IF schools ess will not do) should be in favor of Tat
latter proposition more Efficient perfect and benevo
lent; yet it is Questionable in point of Justice,
: ought to be adopted unless by general consent
II Besides il is in my judgement wholly impracticabe
# The plan above sketched most likely to be adope.
+ will greatly increase our taxes, and after paying al
expense of collecting, discussing and fees Of officers
bat moety will be left to be applied to tuition Bet
ter, far better do nothing on the subject. The expires
sions of several members with whom have convers
ed, Justify the hope that the fearfuness of the respon
sblities resting upon those representing counties wh
9 have in many unadvisedly as apprehended by
their votes, determined upon splendid but costly sys
Of free schools will induce them to join its oppo
n in providing that whatever bill the subject ma,
be passed il shall be sanctioned by the people at thu
ballot box before becoming a law. In this may b.
n mistaken.
y We shall most likely pass law providing for tax
} ing the vote of the people for and against amend
II lncnt of present Constitution or the adoption Of
8 new one.
3 Very truly yours, G. HICKS.
/; 05-The ship Harriet Newell arrived at New Yor
= recently from Limerick. Ireland, with two cabin an
and ffty-nine steerago passengers-a portion Of tn
latter being. is stated in the London Illustrate
News Of the 4,h, the Government informers and wi,