The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1854-04-11

in pouring her golden into the lap Of the Union
Hold back for single quarter Of year her returns to
the Atlantic and Gulf of Mexico and another
panic Will involve you IN speedy bankruptcy Your
stocks will fall property win decline in value; banks
lures will be Frustrated. Go where you will and your
money, coined from her gold will be found in svery
dwelling the owly cabin web as the orily mansion,
in all the States and Territories Everywhere il has
stimulated your industry and given to labor increased
employment and more ample reward. What has it done
Tor the commerce of the county and your national
treasury 1t has doubled your experts and nearly
tripled your receipts Look at results. Twenty three
millions from the source in 1854. Who doubts that
with the enlarged commerce growing out Of liberal
policy, this incredible increase of mainly at
tributabe to the yearly supply Of California gold No
merchant, manufacturer banker or statesman Of any
party x controvert this Your receipts from customs
s swell IN yoa%e Of
Forty millions in the aggregate increase of your annual
revenue from lands and customs the consequence
Yet you hesitate about reasonable appropriationthe
effect Of which will be to multiply hundred fold your
revenues and sources Of wealth Is this WISE just
pedent2 California furnishes the element OF national
prosperity in peace and the snews of yet for the
want Of this road you keep her in distant and dangerous
isolation The people from the Atlantic to the Pacific,
from the Lakes and the St Lawrence to the Gulf Of Mex
co. demand this They look to Congress during
this session to lay the foundation for its
we accomplish the object it will be in vain for Great
Britain IL her efforts 10 maintain commercial supremacy
to carry out her scheme Of great continental railway
now SO warmly advocated by Of her statesmen and
engineers to undertake her ARiatc railway from the
Mediterranean, by the Persian Gulf and India, to the
ports oi China But local jeaouses sectional pre-
jnoces should defeat present action she will arise
with renewed vigor to the prosecution of these great
works. and of trade will secure to her the
undspnted command of the commerce of the world It
is question between London and New York, between
Calcutta and San Francisco between England and Amer
ca by land and for the supremacy and surrender
it without an effort to our great rival If fail in
the performance of duty
States according to Mr. Galan report in that year. of
thirty two millions five hundred thousand dollars The
until lS4S, furnished additional of twelve mil
lions seven hundred and forty thousand six hundred
and forty-seven dollars being average annual yield
of between four and five hundred thousand dollars Our
net specie imports exports for that period
eghtytwo millions eighty six thousand four hundred
and sixty one dollars and immigrant supplies at
rage OF million year, gave us twenty seven millions,
making aggregate of specie in the United States at the
beginning of 1s4S of 108 In that year the ag
gregate products Of the mines of Virginia. North Caro-
lina South Carolina, Georgia. Tennessee Alabama and
New Mexico fell below the general have stated
having only reached about two hundred thousand dol
lars to which California just then beginning open her
treasures, contributed additional of more than
one fifth the product of all mines at that time. She
has since that period increased her product in almost
compound ratio, antl her annual contributions the
metallic currency arc hundred Millions being two
and half times greater than the aggregate annual yield
between the years 1929 and 1S4S of the Uralan Mexi
can Peruvian Bolivian, Chlian and in fact of all the
mines in the world together Look back at the CONNER
ca crises at different periods of history and especially
those within recollection from 1887 1840 when
suffered from drain of then very limited supply of
the counr IN every department and business
of life. What is it but the gold of California that has
held in equpose commercial balance and furnished
us with a redur dant supply of bullion Notwithstanding
the immense expansion of trade and increased inn
portations; whilst at the time it has impaired
widespread prosperity the face of the whole
try, by which mcndicity has virtually been extngushed
within borders Did she clutch at and hold this
massive treasure for her own beneftY No She sent it
back to your constituents she dispensed it all
territory. 1t reached your manufacturers of New Eng
and it found its way your farmers of the Middle and
G4a,,, tka
ers of the South it gave unexampled activity to your
workshops in every nook and of the land it in
creased employment in your dockyards, and gave
impetus to your shipping interest, .unt its stimu-
lang influence was felt in the nerves of your whole
industrial system We now come before you asking
an appropriation Of your domain for the construction
of this of INSTRUMENTATION, indispensable
not only to consolidate at home but to guard against
tie shock of foreign war and consequent danger po
ltical acknowledgment The utmost stretch OF your in.
terposition will not exceed under the bill before you,
forty millions of acres for line of two thousand miles
that will unite the Mississippi States with the Pacific.
Its value does not equal by half annual supply
gold and it's concession will be than reimbursed
by the enhanced value impaired to the alternate resduum
Of your land. Senators:-Our progress
anation has comparatively but begun the immeasura
BILE future lies before you 1t is for do parts
patriots and legislators under the mandate of the Con-
stitution to devise those means which viii overcome
geographical separation and give unity to every part of
this ocean bound republic. BY the natural law Of in
crease, aided by swell of immigration which the shock
of European and the reconstruction of natonates
will send to shores the century that approaches
even though yet in the sprngtide Of national ex
stence, will find within limits greater in terri
toral extent than Imperial Rome, population equal to
what she possessed in the zenith Of r glory after the
growth of a thousand years. Let the measure under
consideration be consummated, and an act vital to the
integrity of territory and to the perpetuity Of
undivided Union, will have been accomplished; and then,
as united people, who predict future destiny
Mr. GwIS spoke until two O'Clock, and then the bill was
postponed.
EXECUTIVE
The Senate went into Executive Session which lasted
till four O'Clock. Upon rising the body adjourned
House or Representatives.
WASHINGTON, April 10, 1854.
INTRODUCTION OF RESOLUTIONS CONCERNING
THIS COUNTRY IN COMING STRUGGLE.
Mr.. DEAN, (dem.) OF N. " desired to lay before the
House and asked unanimous consent for that purpose
matter which this time Is of great importance to the