New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1854-09-11
ooruarstive statement of receipts from duties Il thy
nrnaipl ports
s7.l64. $50 s6,s47 300 ssl7, 900

Tota -
.Tb;s result is very surprising itindieates avery
a.,a1 nd unhealthy state of the foreign trade. 4,
fnIIy accounts for the immense and alarming exports
80 ME by every steamer for Europe There was
a reasonable expectation few montns since Of &
considerable falling OF IN impor'stiohs outng this
onsrtsr' The receipts Cor June, lsot exhibited q
v satisfactory decline compared with the preoed.
;nc year think the decrease was about 81, OoO
for the month, indicating reduction o. imports 70
,he yalue of from eight 20 ten millions OF dollars. In
III ,he decrease was less but yet very perceptibe
49, Ealing of at New-Y York was nearly 5000, 0Oo
though at come of the other ports slight increase
took place. -, r,-o;,,. ,,a.oh.,,;.
.;n nouring in with rspdity unprecede nted durag
s,an he morbidly active season of 1883. The chief
carse undoubtedly is the great commercial deprc-
;nr twisting in Europe. The manufacturers aad
holders of goods in England, France and Germany
are sending their stocks over here to be sold for eah
o NV terms that can be realized. IL we were GER
,s;n ~ the ability to psy, there would be nothing 10
rsors, in this But not only have we no such assar
nea Of adequate resources, but We have The strongest
reasons for apprehendDg that the state OF the county
will render il difficult 10 dispose OF, anu sun hore dd
fcult topay for, the immense STOCKS rc"ion"s " ls
years importations'
We understand that this enormous influx Of
Foreign Goods is now checked, or rather that
few or no orders are now going out. III European
merchants and manufacturers rM send their
Goods here, and sell them regardless OF tue state
Of market, we shall continue to buy them 1t
some rate and use them, bringing ruin on many Of
our own manufacturing establishments and inlet
ING serious injury on all. Nothing but strinsea.
Tariff will prevent this influx. And II Europe
insists on sending us Two Hundred Milllom
worth of her products in year when we nave
but One Hundred and Forty Millions worth tia,
we can export in return, why then we can only
nav what we have, and Europe must either sell
her goods at an average loss of thirty per cent.
or sell Sixty Millions worth Of them to persons
who will never pay.
We are willing to let things run, since expOd.
ton and renonstrance are lost on part OF the
Importing Interest; and ii is rather the expected
remedy than the evil that we object TO. We
hear men talk on every Wall-st. corner Of tie
Improvement in the London Money Market bet.
ter feeling toward American Securities, prospc!
that large orders for stocks will come out by the
next steamer, &c. &c. In other words--our In.
porters, railroad makers, bond-bolders, &c, are
felicitatng themselves on the prospect Of beng
allowed to run deeper and deeper in debt 10
Great Britain "a condition Of what is called
Prosperity. We ferventiy hope that this will
not be the case. In our view, 1t would have
been blessed thing for this country If Europe
had never trusted us in any shape for dollar
and we wish she would now stop short and never
trust US another farthing We are now 10 debt
abroad some Two or Three Hundred Millions
which is quite as much as we can afford to pay
interest on. To run in debt further is to post.
pone reckoning at the cost of aggrsvaiing Ia
dificulty--to treasure up wrath against the dy
of wrath. Move owe quite enough-have in
terest enough to pay-have suffered enough from
our needless system of oversee credits. Let US
turn over new leaf and resolve henceforth to
nav as we 90.