New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1850-12-18

cbases from us IN recip-ocation for extended sup
! plies from them
| 10 nation VIII purchase from as. no matter ho7
! prosperous may be her condition, larger amour
OF breacstu!fs than the deficiency in her own sbii
| ity to supply will require, even though We bay
| from her double or treble the amount of her pro
ducslons. So In like manner, when her crops fail
she not OILY will. but 8slst take from other c0un
tries, what the wants OF her population require
even though it be three Or tenold what they take
from her
This principle was fully exempliied in the fam
ine year Of l6i7 when our immense supplies OF
breads tufts to Europe caused such heavy bal.
ance in our favor, even though it did increase our
imports from the very cause already alluded 10,
OF creating such degree OF prosperity in the
country, IS to extend our desire aud ability for
the consumption Of such articles OF foreign Laxu
RES Rs we could not supply ourselves, and the
opposite result IS exhibited at the present time,
when We are making excessive importations, not
OILY without an equivalent extra demand, but. on
the contrary, with diminished one from Europe
far below what she took from US when oar in
porfatlonS were so much less than they now are.
The foregoing statements show that the farming
population CT the country, without any eXtraordI
nary stimulus. can produce q supply equal to s6S-,
70l, l@l to meet an urgent demand Of a foreign
market an amount more than equal to the aver
age value OF the export of cotton from this country.
But we find this sum OF nearly sixty nine mil
lions which rewarded the toll of the farmer Of the
country in l847, dwarfed down in 1880 to the com
paratively insignificant amount of S26 ,0jl ,513-a
falling of in the rewards of labor OF the farmer
alone in two years Of $40, $50, 543.
When it is remembered that a very Iarge pro-
portion of the citizens OF this country engaged
in the business OF farming, and how much Of the
permanent wealth and true glory OF the Republic
depends on their well-being and prosperity, it
would seem to be the dictate of enlightened sell
tishness, as well as duty of patriotism 80 to
mold if possible the laws regulating trade and
revenue, as to furnish for them, at home, perma-
nent market with remuneratng prices. AS no
such market can be found abroad, it may well
suggest the inquiry whether legislation, in pro.
viding of necessity, for revenue, shall not, by en-
couraging diversity of employment in our own
country, secure the only safe and sure market tor
our farming productions which can be obtained.
The policy here suggested is strengthened by a
comparison of the value and amount OF the home
as compared with the foreign market. 1t has been
estimated that our consumption of food ralment
furniture &c. is about 500 for each individual
Ofthis sum from Sc to 81, as shown by statement
are of foreign productions. which, say at 50 %
per head, would require IN importation OF about
s15O;OOO OCO. 1t viii at once appear how insig
niticnnt this amount is when compared with the
amount of home products consumed pom the
basis Of 500 per head, the foreign production
furnishes Sc 80 per head, or in the aggregate
Sl50,000000 the residue, or S93 80 each, requires
annually the sum OF about - 100000, 600 to besup
piled by our ows industry ny reference to table
= it Will be seen that our average consumption OF
imports per head for thirty years, has been - a.
Any material excess over that average, as IN the
wears 1876 and 1889 has been surely followed
by the most disastrous results. The imports OF
the past year have been exceeded IN amount only
by the wear 1886 and, if the official figures could
be made to represent the true cost OF the imports
II, yUpuId ia bAlInVp1
not be an exception. The imports OF the first
quarter of the present year show an increase OF
more than SIS 900 coo over the corresponding
quarter of last year, indicating Importation for
the current year, greater by many millions, than
the imports OF any previous one, and consump'
ton per head proportionably larger while the
markets abroad indicate no prospect OF 81 IN
creased demand for our exports.
These exports, as already stated, consist prln
cpally Of articles of necessity, and nearly all OF
them raw materials in their crudest state, and
if We therefore wish to occupy the place among
commercial nations that our advantages oil POSI-
ton and our vast resources warrant, we must
greatly increase the amount Of those exports
This can only be done by an increase OF manu-
features.
During the past year exports Of Cotton have amount
While Of domestic Cotton manufactures we have
exported only the extent off,. .,.... f7Jii2i
A9 co GT nahg u scT g entered for
have amounted 81 the foreign valuation to-. Sl9b65S5o
The exports of Cotton from the United States
exceed in Importance those OF any raw material
exported from any other country, and Mt the pre-
sent time it is our only export that is essential to
any other nation but it is believedto be mis-
taken policy for any nation to send its raw mate
ras to distant countries, to be manufactured INTO
fabrics for its own use.
Possessing this most useful staple in abundance,
and ofthe best quality, we ought greatly to in
crease its manufacture and secure to ourselves a
portion of the profits which other countries enjoy
therefrom. In order to impress our people with
the value Of this production of the United States
and the means that it affords OF extending our In
ternal and foreign commerce. l subjoin several
tables exhibiting in some degree its Importance
Table No shows the value of the exports OF
rdu cotton, and cotton manufactures from the Uni
ted States for the last five years, and the coqn
tries to which the same were sent. From which
it will be seen that we exported in
Raw Cotton. Cotton Manuac