The daily union. [volume] (Washington [D.C.]) 1845-1857, 1853-11-24
l9,olo,l74

This is difference of nearly 81 900 600 money
Of the West from the canal trade aone in months
less quantity OF produce. This fact indicates inn
portant the exchanges between the seaboasd and
Interior addition the railroad That
money will in the purchase Of goods,
every rise 10 produce coners upon The West CAPT
tai that remains there. The suzges OF the East
saniy make reprsals by compelling the payment Of
high dulles upon all the West purchases That upon the
ported goods The gsis for but the
rise caused by the domestic golds the
ufacturers ger, and they grnmbie immensely when fo-
egnss goods here raise the price OF produce
them by purchasing il in exchange. Tue immense rail
road interest requires that hey should be relieved Of the
imposed upon their construction IL is
L. 600 miles OF road projected require $50 900
Of 50 pound rails Al the prices the duty is S4
per ton which would ON the whole Jil 800 go
pom direct burden upon the hange
OF commodities, checking wheat in lis market. and
diminishing TO the producer. That rsrosd in
embraces every farmer ia the county, and that
class which, in county least Ought 10 be entitled
consde The extension OF railroads has been very
rapid during the past few years, bat the capital required
for ther construction has been drawn from abroad In
proportion far less than IS generally assumed by ose who
not give sufficient the development Of
iia among la Isu Ohio had hirty-s'x miles Of road
She then struggling desperately, selling her per
cent. bonds under the hammer in New York 80
the dollar get money complete her canals They
pefed and she has since built BOO miles OF railroad
al less than SIS 900, and the board Of
public works wishes railroads prevent them
since Isss here been built 10 90 miles Of read
cost of 52ao ooo-say $4,000 coo Per for SIX
years II any considerable portion OF ibis has been
borrowed abroad IL follows necessity that the official
returns would show proporionaie in i'm ports
as a nece ssy the importation OF goods should the
las, years. exceeded the exports, with fair al
iosanee for heights profits 3c., by that amount The
process exports is thus dealer buy. IoooOO lbs Of
cufron which nj this moment him In New York 10
cenis or 500 This Is the value OF which APP
pears in the United official tables exports !; bat
exchange being 81 10 per the cotton will in
Liverpool I2 sterling and Il II sells for 81. and If sold
for I2t cents their Si2500o be invested in goods
10 be home, and The nvoce. purchased with that
SIPS o0o which includes outward fcight. stands IN the
government tables imports" Under these cfcum
stances, If all produce shipped In American bottoms
on account IL would require the imports
exports In order that the United States should
Is own Bot thar Is always the ard when trade
Free enough will be shipped both equaiixs the
amounts Now, the exports Of the United States pro-
duce manuiacinres cotton, and gold For
We require equal goods, or we have suffered
loss Since 1915 the movement has been as follows
Exports. produce aud m.nai.o'ars 70.
Goods imported -...-- ie21H
Excess imports 9 sSkx6s0
Tn. freight on the cotton shipped in SIX years
a COG, 600 600 lbs amounts 70 S36,00o.o0o.
lf We look back the events Of by-gonc years,
when large amounts Of socks known have gone
abroad shall fad that they did appear the national
counts Up the year 1885 the whole Of the debts
OF The SaJes amounted a0I2 2ps per official
i,ilowing there issued Sos f3 3se Of
State stocks; these, $50 oooooo for banks and
s4sooooo railroads, and nssry the whole sold
abroad The imports and exports Of these SIX yean
fo!lowsi
DATED Imports sadE Exports.
l63t-a Isss-53.
I,uoor,s ........... S7ss, sl9ols sf,o72ap,7G
Ernofts ............ 579lai 400 lfa77i3,e <2
Frc..s Of im,orts-.-.... is,707-sIt 4s.23s. 800
ssoehs s,ued ........... i2s,s23-3ss 1so2s,0o6
The sale Of sl2o bonds abroad In the
period was an ample Tor the large in imports