New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1852-10-02

ti5'y you now great q tallacy IS inVOlVcu III SUI"
an assertion. The whole market OF Eogi md hai
taken in the last year, almost one OF famine 10
Germany, only nine millions Of bushels and II
We estimate the average yield OF labor at only
SeO bushels OF VII eat or corn, the absorption oJ
that market is equal to the product OF lS,oN
men. Now, in the last FIVE years We have driSsn
into agriculture at least a million Of men, one
half Of whom would have been better pleased TO
engsge th, mseves in some other pursuit, as they
would have done had our policy looked to the
building Of mills and furnaces, and the opening
OF mines instead OF the closing OF them. Doe
hundred thousand men withdrawn from asricui'
ture would have made diminutiOn in the num-
Der of producers far exceeding the number re-
quired for the production of our whole export OF
food to all parts OF the world and one hundred
thousand added to the number OF consumers
would have made demand fifty times greater
than that which is furnished you bv the whole
people OF the continent of Europe, who now fur
nish Us with wool. hemp lead, cloth, silks, and
other commodities, to the annual extent Of Gky
millions Of dollars.
Our export OF farm produce to all the word
does not amount to l per cent. Of the crop. Now,
If we have alrt ady market for 9Sl per cent, il
not clear that if we adopted Gen. Jackson's idea,
and allowed larger portion Of our population 70
60 into other pursuits, we could speedily make Q
market for the remaining one and a half per cent
6rt by diminishing the producers, and next by 10
or EASING the consumers and the power Of consump-
tim Of all Is it not clear even that we might
re ably make a market for food to such an extent
90 would make it profitable to import it from Can
ada for domestic consumption, and would not our
dome etc prices then be higher than those abroad
by the whole cost Of transportation Ifyou have
any doubts Of this, let me ask you to reflect on
the following facts I'm 1912, we produced about
100000 tuns Of iron, not tun Of which could be
made into railroad iron, for We had no machinery
for the purpose. In 1916, We made, as stated by
Secretary Walker, $4,000 tuns, seventy or eighty
thousand tuns OF which were converted into
railroad bars.~ Now, if we value this additional
$50, 900 tuns, in its various forms OF nails axes
spikes stoves, railroad bars, &c, &C., at an aver
age OF 800 per tun, we have a value Of sixty FIVE
millions Of dollars, to be given in exchanges for
TODD and clothing OF the persons employed 10
building furnaces and mills in opening mines and
digging ore, in smelting the ore, and in the thou.
sand operations required for bringing the iron into
the forms fitting it for consumption. Again, IN
1919 we converted into cloth 2G5 900 bales OF cot.
ton, and Eve years after the quantity had almost
doubled, while the domestic consumption of wool
had riaen from IS to 80 millions OF pounds and the
additional value given by labor to this additional
cotton and wool may safely be placed at thirty
millions Of dollars, all Of which went to pay for
the food and clothing and house room Of laborers
employed 10 the various operations come sted
with the manufacture, from the building Of the Hil
and the construction Of the engine to the finish.
ing Of the cloth. In 1912 we mined 100 Ot tuns
of coal worth at market from four to five millions
of dollars but in 1917 it had risen to three millions
OF tuns, worth at market twelve millions and
every dollar Of this went, in one way or another,
to the purchase Of the fruits of the earth Again,
in 1919 the West sent to market 470, 900 pigs OF
Iced. In 1876 it had reached 800, 900; and here
we have an additional market for food to the ex.
tent of the value of these $4,000 pigs In 1919
Kentucky sent to market ,2ll bales of hemp.
In 1867 It had reached 10000 bales. Now it 10
quite clear that the people who made this iron
and CLOTH and those who mined this cos, and
mined and smelted this lead, and raised this hemp,
would have been compelled to raise food for them
selves and for SALE if they could not have employed
themselves in mills and furnaces, mines and hemp
fields; and equally clear is it that they furnished
a m srket greater than that which had existed in
1912 for the products of the EARTH to the extent
of at least hundred millions OF dollars or four
times more than We now export to all the world.
At the date of the passage Of the tariff Of 1912
we made little iron or cloth. Mills and furnaces
were every where closed the making Of roads was
suspended; banks, corporations and States were
bankrupt and the General Government was esk.
ing in vain to obtain in London, Paris, or Amster.
dam, loan Of a fer millions 10 de}rdy our er-
penses in period Of profound peace. We had
closed the mills and furnaces in the hope to obtain
a market abroad, and the sort OF market we did
obtain may be seen from the following statement
of our export ofthe products Of the grain-growing
States for 1912:
Exports Of Quantity valua
Beef and Pork. .tuus.. 1888 S3,5i20n
Butter and Cheese. tuns.. 2,250 3sc, ls5
Wheat .............. bushels. SIT 955 0l66l6
Flour. barrels i, 23S 602 7,373356
Corp..............bus bushels. 600305 3iS,l5o
Corn mesl....-...... barrels. l09, 1879 6l7,sl7
Rye Meal. barrels. 34,l90 l2i3oe
Horses, Mules, Biscuits, &a.... 95i,4H