New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1851-09-09

millions of dollars, is furnished for the last
thirteen months and thus is it proved that
the FIVE wears and one month of a tariil
that has been in operation but little over
four wears and a-half, have given an excess
of imports over exports of but two millions
of dollars, as is shown in the following ex-
tract:
II IN. above calculation is correct. II follows that
during the FIVE wears since the tariff OF lsio went
INTO operation, the exports from the united STATES
have very nearly equaled the imports mus
Year ,nd.ag EIcess Of Ergoris EIccss Of irpts
June 80 isi7....-....-..----sl2.iSS9 3i o-,-o-
isi9 - 2,l0l.6l9
ia5O . 1921 .JJ3
\, months 80 ending Jaiy 81,
1851 tcstl --.----------- Io'Vo'''"
Total s272@52o s29sc69l4
H2i.o2o
taIrii OF iSit------ S''''
This then is the enormous sum about which the
Protectlonists are making such iuss, as II 'he
whole country going to be ruined oy II. Two
whole millions OF dollars Only THINK OF II :.
Truly, the ProtectiOnsts are uniortunate-very.
Their calculations, equally with their prognostca-
tions, prove addle Taking the whole perod IRON
1870, inclusive, TO the present time our exports OK
ceed our imports more than $50, 600 GOO. So that,
according to their theory OF the balance OF rade,
all Is night on this head Notwithstanding the tariii
Of 1916.
Admitting, for a moment, this statement
10 be correct, and that the exports have
paid the amount sworn to at the Custom
House as the true value OF the goods I'M
ported, it becomes a serious question to de-
termine what has been done with the
freights and the proceeds of the bonds and
stock sold in Europe in this period The
profits and freights Of the last twenty-five
months are said much to exceed the APP
parent uniavorable balance of that period
amounting to eleven MiliOns, and 1t would
be safe, we think, TO put the ireights alone
at far more than that sum. Taking, how
ever. beth at ten millions per annum, we
have the large sum of fifty millions unac-
counted for. To that must now be added
sixty, and more probably eighty, millions
Of certificates of debt,
The two making at least; -silOoN'ooo
Against this We have, according To- IN, -
Journals tables, only -.--.---..----- 2,"l'4t
Leaving totally unaccounted tor...-....slo ,sso'3"
Will The Journal explain what we have
received for thisl VIII il inform us how
much NAV he accounted for by the iraudu-
lent invoices OF its free trade friends
viii il inform us how much has gone for
thc payment OF interest upon the foreign
debt incurred under the Compromise, and
under the tariff of 1916, all of ,ehtch interest
u systematically suppresSes, for the pur-
pose of deceiviag its readers? Perhaps
il may be willing to favor us with Its
opinion as TO the following mode of ac-
counting for the appropriation OF this vast
sum. and to explain how it accords with
the figures il is So accustomed To- afford
It's readers
Five years lntcre>, upon I've hundred
millions Of Compromise debt so, 100000
Two wears m;eres, upon debt of the tariff -
~ icto..-.....s.-ss.--.s--.- t'-"''Vev
lotaI. ....-....-.-...-......-.- lV"scV''Vo
That the debt contracted in the last three
years exceeds even eighty millions we
entertain no doubt, and if So, it would rem
der necessary an addition OF twenty mil
hons 70 the trauducn, valuations under our
beautiful al valorem system. which drives
the honest trader to make his election
between abandoning his business OF uniting
with his neichbor in system of perjury,
Tor the purpose OF deirauding the revenue.