The examiner. [volume] (Louisville, Ky.) 1847-1849, 1849-07-07
LOUISVILLE KY: SATURDAY, JULY I. 1s49

The sbores Of The South into the scale Other prc
perry. and averaging The whole among the remain
aef OF The population. may hereafter show In
'allscy Of this mode of estimating the relativ
wealth OF the two MISUNDERSTANDING the labo,
leLs OF siaVestrom the estimate, the average weat
o. each person in The South, was 3l3O, rs less b
Stzs % man that Of each person in The North.
,nust moi omit 10 notice the biunder which Mr.
FISHER here makes in setting down the wealth Q
me Nnrh 81 81 .Oi2. 7s2. 264, when It was in fac
sl,USi bot, Il5-a blunder of only s54 8s4 4s4
oal NOT msteual except as Characteristic Of In,
whole lecture. - n
The Lecturer then demonstrates by figures .bie,
prove eIaetly the reverse, that "even In manufac
tufefs the Sonth al this time excelled the North
proportion 10 the number of population" Nov
dividing the aggregate value of the manufactured
products OF each section BY the population of escl
ssMen ny himself, gives IS So head TO the
North and 81, So 10 the South.
| Here follows the conclusion from all these pra
misses and statistics. "Thus after the lapse OF ths
btSt quarter oil century under our present form O.
government the South surpassed the North in com
Lneree, N Manufactures. and in the accumulation
The reader will please remembet ihis psrasarpi
'hliI we gel to the next Psge ofthe Lecture which
PuTpofts 10 be an explanation Of the facts stated
Since that period $3.50 great change has oc.
CURED, The harhors of Norfolk, of Richmcnd. OF
Charleston and Savannah, have been deserted 10,
/
New Orleans is The only Southern city that pre-
tends 10 rival ils Northern competitors. The xrsss
- growing in the streets of those cities OF The
>ouih, which originally monopolised our colonial
commerce, and maintained their ascendancy 10
the earlier Yeas Of the Union; manufacturers and
The arts have also gone 10 take Up their abodes In
the North. Cities have been expanded and multi
pied IA The same favored region. Railroads and
canals have heeu constructed, and education has
del. shted therein TO build her colleges"
IWH.r ~. -
mefcel oy taking into consideration the exports
alone, is absurd enough, but VINO will believe, sf
Ter reading this mouTnfui dige upon the ruin of
Sout'ern commerce, that, by this method, up as
late as 1877, the commerce Of The South sxcelled
that OF the North si2 900 000. The exports of The
Sonth Ihsn being SS5.OUO,UOO, and those of the
North SI3.UUO 90 And the proportion of excess
being just about The same when ths lecturer in.
MERGE"
Bat what was il that transferred the Southern
commerce TO the Northi Our lecturer Is ready
WIN has reasons. Two causes, he says, combin-
I'd 10 bring about this result: firt, the absndon-
ment OF the system Of direct tsIes, and establish
mtnI, Of The lsriffOf 1916. Second, the establish
nent, al Inst period, Of the Bank Of United States,
lorated al the Nouh.
proceed with Mr.. Fishers blunders,
elf, however" says the lecturer, eve COM
pare tl's lavOrite Of the North (Msssachusetls)
with MarsaDd, a Southern State Of sih.iLar
territorial 'ztsnt," &c.
Every school boy knows that the territorial
extent Of Maryland Is nearly tsoiee that of Mas
SachuseIls, the former being S,933,76O acres.
aud the latter 4, sol, 900 acres.
"In ls4I her MARY land) property vas as
sessed al S2G2 ,272. $780,"
To sustain thus statement, Mr.. Fisher refers
10 the Amvricsa Almsi &C. | have examined
the American Almanac which givee the 6nan-
eisi condition Of Mary land and the sources Of
her income for the year l547; but find no
authority for Mr.. Fishers statement. The
American Almanac nowhere gives the assessed
or other value, OF the property Of Maryland
for the war ls47, aud Mr.. rlshsr, in stating il
at s2ll2 ,292, $50, aud referring 10 the American
Almanac IA authority has more than blsade-ed
The unth Is, sceorcing TO the report Of the
Treasurer OF Mary land, the assessed value Of
he property OF thai State for the year ending
December, ls4S, was onLy l9l Ola 222, so that,
II the value Of Ihs property OF MARY l=nd was
as Mr.. Fisher states Il for the year ls47--then
n Que year her property declined In value sII,-
OSs;sSS; bright sydssss Of e, Dsssses5lsy
1910, had population of 737 500; and her
property Is noo only S30D, 900 600"
Tails dors not purport TO be anything more
than a guess, but it "is slated" says the lee
turrr, ACCORDING 10 recent estimates In her
papers How recent1 Why, Isuppose, IS4I,
iDr that Is the year, la which ths property Of
Massachusetts was estimzfed at $500 100 900.
Mr.. Fisher would have hard task il he were
requind to furnish paper published In ls49.
or le4s, which coatsins his pseudo estimate.-
You have no right, Mr.. Fisher, to suppose tina,
Massachusetts,, has like your Maryland, de-
elined; aud, guess. that her property 10 nop
valued at more than $500 900 900. Il appears
from the report of her secretary Of State, for
the year 1876, that the assessed value Of the
products of her agricultural and man ufacturing
Industry alone, amounts for the year ending
April |, lS45, to sl24, 00O, 900. lf, from this
amount, we deduct S24, 000, 900, q large allow
ance for the raw materials which enter into the
manufactures, we have the balance Of $780,
100000, as the net value Of the agricultural
and manufacturing products Of Massachusetts,,
for the year ending April /, le45. to say nothing
of her forest, mining, ssd immens. commercial
and fishing interests. To talk Of the people Of
Massachusetts, being poorer than those Of Ma
ryland, when the value of the annpai products
IN agriculture and manufactures alone, of the
former exceeds the half Of the rhoie property Of
The latter, Is to talk nonsense. The value Of
all the products OF V;rgInia--her agricultural,
manufacturing, including the raw material,
mining and commercial, amounted In 1910,
according to Prof Tucker, to about $50 600.
600, les by s54, 900, 900 than the agricultural
and mangtoctUrrng products alone of Massa-
chuset,s. AndyeIV Virginia Is "a times larger than
Massachusetts, and exceeds her population 5U2,
n93! The truth Il, such is the immense wealth OF
Massachusetts; so wonderfully productive has
been her industry. that, though she raises an
annual revenue Of more than s500, 200, she
does not tax her land, or anything which il.
called property by The tax list Of Keniucky-
Nine-tenihs Of her revenue IL derived from her
banks, her railroads and her suctionsf- 1.-THE
property OF Massachusetts not being taxed, has,
Of course. no Gssrsed value. ..
"The States Of New York and Virginia, :"
proceeds our lecturer,1 'are both Of great ter
riIorisl extent and not materially uheq1al in
that respect" . -
New Yo,k contains $4,000 square miles. and
Virginia 6S QUO. Virginia 10 Just about the
size Of New York, Masssch usetts, Rhode Island
and New Jersey all put together.
"The property Of Virginia Is noso about
s60O,000,OO0," and Virginia Is perhaps the
richest community IN the world"
This is good news for Virginians. The wise
men Of that State have been for years deploriug
''her waste fields" her "temples Of religion
sinking 10 ruin" her "stuntsd forests Of Sc
condsry growth Of pine and CEDAR" and the
universal apathy which hangs over her a. q
pail. But our learned lecturer tells them, they
are all misisken-lhey know nothing of them
seives-Virginia is The weal.hiest aud most pros
porous community in the world.
But might as well stop, and not exhaust my
little stock OF strength or your patience, by
reading any more. These are sample Of the
errors with which the work abounds, and il
YOU will take the time to "oipher out" the
balance, you are welcome TO the Job. We I'm
Kentucky, know that II 10 not true that we are
wealthirr. happier, or have more political power
than the people OF Ohio; and when he insti-
tutes a comparison as to paupers, and found