The daily union. [volume] (Washington [D.C.]) 1845-1857, 1853-01-27
I'd States Imports aud Exports.

exports wide OF the mark Nevertheless in the pr
for 1851 he ven,ured in the direction
al respectfully refer the suggestions this subj
my report the last session Of Congress The
question the proprey Of the changes the ta
avs which then submitted TO Congress the contrary
confirmed What was then anticipated Much of the raw
formerly wrought into fabrics by the labor OF
citizens, now abroad and returns 10 us for sale IN
form vastly augmented in value and that the la
Dor OF own citizens has been diminished in values and
driven into other pursuits " .atE.E# Ell r. .
He had conferred with Carey and Greeley and the spirit
ua rappings. and that the end indeed
nigh The year 1852 has rolled round, and the
fifteen millions OF gold that might possibly be spared"
have swollen to forty millions and although California
has consumed immense quantity Of United States
produce in exchange f,r that gold the quantity Of pro-
duce spared foreign countries is greater than
Instead OF being forty five millions the customs
forty millions, and the public lands instead of yield
iog 81 0000 give S20i0O00 This sullifca
ton OF his last estimates seems 10 have filled the old
wagon-boy with entire disgust and he asserts that
small income SAT 100000 from customs is 'only
temporary" but he wisely reffans fom any specu
laons In fact he round and abandons the whole
subject W h these reflections
g Whilst the foreign commerce of the country aud tho
Importance, yet they both probably receive undue
share Of for they respectively sink rels
tive insignifcance when compared with internal and
ooa.twise commerce. and with the home market"
That fact! business tina, viii work he pre-
diets be mo great shakes any how and he does well
leave the fate itnerits Last year in relation
iron he dscoursed thus
T" II the present policy continues must witness in a
short time the total prostra,on of this industry. which,
its present footing skin perence and shall
become dependent npon foreign countries the most i'm
ponn Material ia the OF peace, and the most indis
pensabe Of the muntmens OF war"
This affecting certainly but the mechanics
and farmers who had plenty OF cheap iron, selfish
sympaihze with the weeping Secretary; and the IRON
sly dogs pocketed the profits, and crcu .he
eport' among those who talked OF going into the bust
This the Secretary has changed his note huss
This enormous Increase in the mponations of iron,
prices far below the fair usual of production
both here and abroad while produced no corresponding
benefit the treasury destroyed in good degree the
petition OF our own producer and manufacturer 1hs
suit then torsfoid partially realised The foreign
ties on our part having himself Of the control OF
MARKET raises the prices OF ron II is believed, beyond
ung during lie period OF the late hopeless supale of
our manufactured to sustain himself"
The Secretary here that ,hs OF Eng
reduced the price of their whole crop for the put
pose OF breaking down market here. The production
pig Great Britain is 100000 TONS and the whole i'm
port pig into the United States is 60 900 TONS add 1t fell
In price g. and is worth f3 los But even at "a,
value OF pig sent into the United States would be
f24o and to retain this market he alleges that they
duced the value OF this production E36OO00o or the gross
value fifteen years supply to America, and then raised
the price this year, in order 10 stimulate an fmmense
Anne ncan production TO compete with themselves. II is
i'm the Secretary should put any faith himself
in the crudities he utefs.
In relation the foreign markets he is abundany gro
his notions foreign markets
nation, worth shucksa compared with the homo
ke; and yet raise cotton gold, RICE and fobac
co. mention wheat, OF which twenty per cent 10
ported would scarcely like dispense with their uaasa
anc customers The Secretary great, and spreads him
self relation farmng but no oveooks the fact that
the farmers the great manufacturers for the country
ANY farmer by of his pough, viii produce better
piece OF broadooh than any manufacturer with his oom
supporting the mercantile marine and the federal govern
by the operation, and sell e co one"Foi "sh no
protected Manufactured with the loom
The revolsiou which Mr.. Lawrence predicted seven
400 hi. onth inevitable result oil tho passage Of
m. act of 1916 has annually fitted before the imagination
az The SECRETARY who has year been compelled
find res its appearance-the Irish famine
year the French revolution the followed by gold dis
lcoveres the third to be succeeded by rise
which sverted in the fourth and the rise in iron
and general PROSPERITY still further postpones ruin. until
the disappointed Secrctays heart sckens with hope de-
eued and he propoonces the home trade all that worth
caring for Strange that peroacious obstnacy viii not as
crbe the state Of affairs the cause wis the triumph
OF principles financial and commercial 10 inc
election of Mr.. Polk.
Money has become very plenty more and the snip
ply of foreign bills continue. TO exceed the demand
ing cess alton in the exports Of specie none OF ~n
went forward lastveek. ,oI
Tn. proiuce markets remain generally firm, hpa w.
con,inpe. 10 have an upward tendency .',
100 900 Id. At 80 65 for fleece any ~,
,,o,ld c,u.e a further considerable rise i"' ppp
over the world IL below tho demand -, :, 70 ,o1
~ r.o.,. news and New Orleans lar - ns'o ~ - 20
the n"'spe IN !, az AZ Is ~ for State Rye Hour,
oens' 80. Go !. 10 ~ cents fir white southern IL
- AZ p,rk is stesdy-8ls 10 siS Ht or moss;
| sIs . SIG gt prime av.,,. ~
80. of interest from per cent, at which rate y ns
..',.iee april last "a per cent This wa 'o, o
cd hy