The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1850-12-18
PRICE TWO CENTS.

Of the famine is overcome nv the snhsa.u.ns
abundance; thus the expsn of bread.,ufFs saI
provisions in I84T was S6S FOL 92l, IN lst8, ssY.
4I276i; in l6t9, t3S, loo 5O7; and 10 ie50, $a6-
Dol 373; (see statemsn y Our exports In 1881
(sre same stsiemeDD of these articles were Ell.
OBS III In ls4l, 81, 1876 I02; aud, az tho rats
of decrease exhibited since 1871, will, in 1851,
but hitle exceed the latter amount.
The exports of rice in 1877 amounted To "a Sl3,-
sCo; IN 1887, 10 II 0s 279; and 10 lS.s, (the year
after III. famne,) to 81 ISL s24 in 1850 tn a. 6Sl-
5W. (Ststement y These dates embracs q
penod Of high and low dutrs, Of comparative fres
Irsde at hone, and in the principal market abroad,
There facts disclose the fullacy OF the principle -
frequently urged, that, by inducing heavy inportar
lions under system of low du,irs necessarily
create large corresponding d-msad abroad fsx
our own productions
Whatever truth there may BE- in this principle.
ar applied 10 the trade between other nations Of the
| world, IN consequence Of the relative nature u
theu productions and m ngfsc,ures, 1t has not the
same application to the United States, from tbs
| simple fact that nearly all the supplies which the
later furnish 10 foreign nations ~ srcles
| Of necessity. the consumption of which Va limited
10 sctual wants, and cannot he forced beyond thai
demand by adventurous circumstances When q
high degree Of prosperity exists m the Uuits4
states, W. zee large increase ia uhe consumPtioa
a most fore On productions, which may be gene
rally chased under the head OF Iuxusies; bat We
rave such class OF articles 10 tempt foreign ma
tons in like manner to extend their purchases froD
u, III reciprocation for extended supplies froo
them.
No nation will purchase from rs, no matter how
prosperous may be her condition, "A larger amount
IT breadstufis than The deficiency IN her ability
Ia supply Will require, even though buy from
her double OF treble the amount of her produs-
tcns So, in ike manner when her crops faLs
che not only will, but must, take from other coun-
TRES what the wants Of her popul aton rsqaIo,
even though II be three on ten-fod what they lake
from her.
THIS principle ives fully exemphed in the f.,
NINE year at ls47, when our immense supplies o.
brehosiufis 10 Europe caused such heavy nalauce
III favor, even though IL DID increase our i'm
ports from the very cause already alluded TO, OF
creating such degree ofprospen'y 10 the country,
as 10 extend desire ability for The CONSUME
ton At such articles of foreign luxunes could
rot supply ourselves, and the opposite result u eS-
hiorred at The present time, when We are making
seive ImpoYtaunns, NOT only without an eqliva-
lent extra demand, bur- the contrary, with di-
ninisbed ose from Europe, far below what sue
took from US, when our imporsuons were 80 much
less than they now are
The foregoing stateme nts show that the farming
population of the country, without any exraordIf
pery stimulus, can produce a supply equal to
Sos 101 ,l2l 10 meet any urgent demsnd for forcga
market, on smouut more than equal tn the average
value Of the export of cotton from the country.
But WE find this sum OF n-hrl, sixtY. nine miIions,
which rewarded the toll OF the farmer Of the coun-
try in 1877, dwsritd down ia la50 - ne compare
lively iDsign ficsnt amount of a6 90 ,373 "a falling
off IN the rewards oi labor Of The farmer alone IN
two years OF so, CSC, 5iS.
When II IL re remembered that a very lar &c proper
ton OF the ctz.ns OF this country are engaged IN
the business OF farming. aud nos much OF The per-
malent wealth and true glory of the republic de-
ponds Qy their we-being aDd prosperity II would
seem 20 be the dictate of enlightened s-lrshnesr, as
we'll ss dsty Of patnousm, 81 10 mould, II po>s-
bile, the laws regulating trade and reveaue, as 20
furnish Tor lh.m at home, permanent alaike',
with rtmunerating prices. As uo such market can
be- found abroad, ~ may well ssggesi the inquiry
whether legislation, IN providing, OF necessity, LOT
revenue, shall not, by encouraging diversity OF
employ me nj In our own country, SECURE the only
safe aud SURE market for our farming productions
which Can be 0biained.
The policy here suggested is strengthened bys
comparison OF the value aud amount oi thr hon-,
compared Win Va. forriga market. IL has Dees
es'imsted mat our Consumption Of foot, rdinrat
furniture, &c, is about 900 tor each individual,
OF ths tuIn, from 50 10 81, AZ shown ny stt'-n-m
-, are 1T foreign productions, which, say AZ
50 20 per mead. would require unpor' atom ~
about 100000. IL will al once epp-sr hpv
siRnIhcsnt this amount ~ when compared wifh NJ
amount OF home products consomsd. Upon 90
hsfis OF 600 ger head, the forrgn prodcfiol rsf-
rlshrs 90 90 per head. or I, ne aggregate, $780,
600 600; the residue, or sS3 20 each. require. a-
nually The sum ~ about 81 100 900 900 TO ~ SUI
piitd by our own industry Ky reference to tah<
-, NJ will he seen that our averag- consgai.kios
81 imports per hesd, tor thiry yesrs. ha. been
S5 81 Any Material excess over that average, as
in the years 1856, and 1859 has peeD surely fob
lowed BY the mos, disastrous results Th- inpor,s
at the pssi year have been exceeded N enoant
only by the yesr 1895; and II the oficsi figures
c, ud BE- made represent the cost IT ~ in-
porte OF the former yea, eyen 1886 would, it's he
leVtd. not be an exception. The imports o. the
at more than slS,0O0, 600 over the corrcsponding
quarter ~ last ear, indicating mn importation tor
the urreBtytar, greater b. many millions, than
the imports OF any previous one, and = consupY-
ton per head Iroportionaby larger, whilst the mar
Beis abroad indicate no prosper OF Increased de-
nisro for our exports
Thee expor ., ~ already STATED, consist prncs-
IHly az articles OF Necessity and nearly ali them
rsw materials IN their crudest state, and n ~e
thsT,iore wish to occupy the place among coInisrr-
eisl nations that our advantages ~ posilon tnd our
vssi resources warrant, We mus greatly Increase
the amount ot those eKporir. TINS only be
done by an increase ~ manufactures
during the past year our exports Of cotton hsv-
uUstuDifd 10. ..............s...... sn,SSlioio
While az domestic cotton manufactures
we have exported only To thr extern % ,73i,tA
Ard during The same PERIOD fbe t1lot-
tauon OF cotton maDufeetares enersd
for consumption. have amounted at
the foreign valuation TO. ............ sl9 635 9sS
The exports ~ cotton from tn Uni,rd states ex-
cef q 10 importshcr thos~ of nuy raw m tirns ek-
Iousd from any other country, and az the prcs~ut
tine ~ " our cniy export that y essential 70 any
other Bstion; nutu u believed ~ ne a mis,sk-a
pohcy for sBy nstion 90 send i's rav murr,als to
dsisDt counires, to he manufactured into fabrics
Pursrssns this most us.fal staple Ia abundance,
and OF tn, bet quality ongnt greatly TO ihcr-a-s
~ rsnuiHciurr. ssd secure 20 onr-rlves poruoa
81 the profits which oihsr cuuufnes enjoy there
from Ia order ifrprefp our p-,pir syh the value
~ his trodnruon - IN. United states, tnd IN.
that "a affords 81 extending our inicrns md
toffitn commerce, rnhJnin svtral hle- eNmntt
ing, in some degree. t,s tmsortt ncr Fable No. -
shows the vslnr 1T the expoffs q rtw cotton aud
coif,n manufactures from the United States for me
lsft i've vtsrs and the countries to which me same
wsr. sent, from ~hich u will be seen that We ex-
tVfted IN
Rfv Cotton. Cotton Mr-sfae.
lSi6................S f2 767 81 e35tS gSt
is47 ................ bJ4t5Sts 4OSg5sJ
ls4s................ o. ~ 2u 5Tis EOS
lsfa. 81 sos 9e7 4g3Ifs
ls60................ ~ g3I GIG 47gil2f
s26 563 00S sl}OlS,763
The countries which TAN. the largest qIsButy ot
cur rev cotton are Great Bitsin and France. snd