The daily crescent. [volume] ([New Orleans, La.]) 1848-1851, 1850-10-31

The Resources of the , {" ANA 'O''

| tba ;rorts ~ [orts oil the flee Slates'
T,1 anu Gat while the South furnishes
900 ooo orouces for expectation, it imports
r'o,Voo'ooo ouatries only Sl4,000,OOO. That the
Nun, Us to oreign countries of its products
eS o,, oo J6O and imports $133OOOOOO 1t is but
80 give the explanation offered by Hunts Mag
e. which greatly reduces the inequality Inc
ast article in the October number of that valuable
/. work is review of "The Union, Past and tutureT
I aow it works. and how to save it, pamPhlet pup
lshed in Charleston, and which win great "O''''
presents the ultra Southern side 40,
The first position in the essay Is 10 prov. G,o
"ths South has made constant coH'eS''O
| growing demands OF the NofIh' .,.-.;,. |
The frst niece of evidence, to sustain this point
. tbo cession by Virginia of its western ianuS'
N, iooIrded portions of Ohio, Indiana and ILL
ats brt certainly the claim of Virginia DID not
astond farther north than its own northern ooun-
~, But the Northern States gave up their
1i,s sou,llv GOOD, to the northern portions OF
49, states The old Thirteen freely surrendered
,Lis vast wilderness for the payment of common
debt.
IN n. other hand, the North has conceded TO
Tho Sontb Louisiana, Florida and Texas.
The next point of concession is the establish
nept of the basis Of representation. The South
gave up two-ffths of its slave representation. The
North answers that it conceded the right of repre-
sentation of property, and gave to the owner of
| hundred slaves political weight in the Federal
| Government equal to that of forty white men of
the free States.
The third proof is the inequality of taxation.
That the South should pay but one-third, while it
actually pays over three-fourths. That since the
formation of the Constitution, the South has paid
S79S OOO,O 900, and the North S249, 900. The
Southern calculation is this
snndres, including excess Of public lands grant
ed to the free States S,sOO,OOO
s798 600 GOO
This estimate is derived from theory, and not
theory built up on a fact.
The Carolinan says that from 1890 to 1900, the
South exported 5000, 900 900, and the North but
Sl11,0O0,O00. That the imports were but the
price Of the EXPORTS and ought to have been d.
vded according to the rate OF exports. The New
Yorker disputes the proposition, and he puts this
case in point: A New England vessel sails for
Charleston with a cargo Of granite, ice, fish and
manufactures. She exchanges them for lumber,
rice and cotton She sails then for Liverpool
makes freight and profit thence to Cardiff, where
she invests the proceeds in slate and returns to
Boston. Now in this case, who has paid for this
cargo Of slate; the ice granite and fish of the Bos
ION merchant or the lumber, rice and cotton of the
Charleston factor? Ii the Charleston principle is
correct, how is it that so long as Holland main
aimed the carrying trade of the world she was so
wealthy and powerful Again, says the New
Yorker, the Northern merchant purchases his cargo
md pays for it in cash short drafts, exchanges
he products of Northern manufacturing industry
Tor the products Of the Southern agricultural indus
ry so that it is his money or his industry which
exchanged for the industry of the planter The
Southern crops form but one link in that commerce
| which is
| -'' the golden grdIe Of the globe
1t will be found that a very large amount of the
Southern products exported to foreign countries are
| paid for in this manner. The South heretot0re has
been content to raise the staples, paying little
| or no attention to the smaller maters-these have
| 5een furnished by the North which has drawn its
| pay from the industry Of the South devoted to the
| culture of its staples
The next point is, that the exports are re-
| iuced in price by the duties on the imports.
| The tariff Of 1916 has completely done away
| with complaints of this kind that it is strange
to see them revived now. All nations support the
| cost of Government by taxes on imports. Those
| Of the United States on the lowest scale. But
the tax falls on the consumer, and not the pro-
| Queer; unless when there is supply, and
then it is usually divided between them.
In 1890 the ratio of population between the South
and the North was as 6G to 100; at this time the
ratio is about 60 to 100 But the slaves should be
| lsregarded in this calculation, as they are not
consumers Of foreign products The consumption
Of foreign products in the South is three-tenths
and consequently it pays that proportion of the
| taxes.
The grants of land to the slave States have been
100000 of acres to the free States $4,000 600
| The recent laws in regard to the overlooked lands
| give to Missouri, Arkansas, Mississippi and Lou
| isiana, an immense amount. The State Engineer
estimates the grant to Louisiana at five to sever
| millions But without these the larger quantity
given to the North does not equal the difference il
representation.
The Mail appropriations in the free States ex
coed those of the slave States. The answer Of tn
New Yorker is that the free States not only sup
port their own mails, but contribute largely to tina
Of the Southern States.
In 1Sl9 there was expended in the free State,
which contain thIee-fourths of the white popua
lion, 81 1903 623 in the slave States, 81 1874 So
The New Yorker then goes on to speak Of tn
relative indebtednes. Of the North and the South
and says that were the Union dissolved to-day, tn
South would be compelled to discharge debt t
the North of $4O,OOO,OOO This grows out Of tn
course OF trade for the Southern products are sol
for cash or short paper, while the Northern mer
chants sell on six, eight and twelve months.
He attributes the decline in the commerce of tn
South, and its gradual absorption by the North t
the degradation of labor, There is no middle elias
at the South like the operatives and mechanics q
the North.
The products of Massachusetts alone, in 1915
were S1l4O0O,00O, and this year exceed 1870 mil
lions. The principal articles are
The Fisheries .,.......,........ $ll 100000
Cotton Manufactures ........,,.,,,.,. i4,g0OGU
Boots, Shoes and Leather. 100000
But on the other hand we must bear in min
that the Southern States now produce very man
of the articles of food being agricultural pop
laton, whatever is sent to market is the clear pre-
fit; while in this calculation of the products
q Massachusetts, we have only the gross returns.
merchant becomes rich, not by welding u larry
G. capital, but by using it proftaby What h'
y Massachusetts left out of her $l30,0OOO0O whe
al the expenses are deducted? The great majority
~. the Southern people live their plantations, at
comparatively moderate expense. The producer
r. OF Massachusetts pay for every thing. An in
y Portant item IS hay, which is consumed in d
IN long winter at home. Il planter never estimate
the food for has cattle teyCsrt when he b1vs iN q