The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1855-07-24

costs to pieces, ana II we 90 v.0t prove that
"BgEres can lie," we think we shall SATISFY the
reader that they may be used to suppress very
material facts, end to establish the moot ridicu-
lous conclusioes. Let us hook, then, into these
iters of the Express, Of the expenses of " the
pet institution in conHcction with this outcry
Of Millions for Slavery-Nothing for Com
'mcrce."
The firstitem relates to the Louisiana Terri
cory; and che cost Of its purchase is set down
at 23,53e GOO. Grant it-grant that the ter
ritory purchased was slaveholding territory,
we're there no advantages in the purchase to
the North, and nothing for commerce" Az
we understand it, the great object Of the fur-
chase was to secure the outlet of the Mississippi
river, and its magnificent and prolific valley,
for the benefit of commerce. In the way of
trade, this acquisition, since 1908, has been to
the free States and Territories Contiguous to the
Mississippi and its tributaries equal in value
to at least one thousand millions of dollars.
Then, again, as parts OF THE Louisiana purchase,
the North have secured the fourishing State of
Iowa, the beautiful and thrifty Territory of
Minnet ota, and the tremendous Territory of
Nebraska to say nothing of the chances for
Kansas and the prairies to the south oft. All
this is an offset which cannot be measured
in dollars and cents; but the public lands in
this Louisiana purchase sold, and to be sold,
will probably foot up in the end at the Trea-
curry Deps rtment, q gross amount in hard
each of not less than two hundred millions of
dollars exclusive of grants to Northern rail
roads.
We find, then, that the account on both sides,
touching he Louisiana purchase, stands as fol-
lows
Actual benefits to Northern trade from tina
acquisition Of the mouths Of the Mis-
sssfppi ....................... I,OoV G 0,000
Public lands, in cash. .............. 200 uUv, 900
Total. 81 200, ooo, 900
Deduct outlay for slavery. 23,53o.ooo
Balance, clear gain by the Union 81, l7e 100000
Over eleven hundred millions clear gain.
ANSWER fool according to his folly" saith
the Scriptures. This balance will pay for the
pui chase of Florida, the Florida wars from first
to last, and the purchase Of Mississippi from
Georgia, to say nothing of the revenues and
materials from the public lands in those States;
ana we shall still have margin to spare Of
thousand millions in favor of the Louisiana
purchase.
The next three items are
The TO obtain Texas 1s4e AZ. .$2l7 TIA 900
Iesas claims 1901. eo................. 1900 o0S
ADD Mexican indennites, ISIS. 100000
And We have total s25s, l64. 900
This is large sum expended in behalf of the
"pet institution" Of the government, resulting
from the annexation Of Texas. But let US look
at the other side Of the account. The war
and the peace with Mexico have given the North
the splendid State of California, whose seaport
Of San Francisco is the New York of the Pa
ciic coast. Bnt we must not overlook the
solid specie dividends of California, nearly the
whole of which have been the substantial gains
OF the North. Since the discovery Of the gold
washings on the Rio de los Americanos, in
1s4s, the export Of California gold, manifested
and in private hands, to the Atlantic Northern
States have been, we dare say, fully up to
three hundred and fifty millions OF dollars.
OurNorthern account with Southern slavery,
therefore, concerning Texas, the war with Mex
leo, &C. is as follows:-
Total proats, In solid gold ........... $4,000 600
~'~'NS~iSe~
Balance clear gain BY the Union .sol, s2s, 900
Or, in round numbers, ninety two millions of
dollars! And how does this preposterous rub
bish Of millions for slavery, and nothing for
commerce" apply to California? The acquisi-
ton Of that country and the discovery of the
god there, have given greater impulse to
cur commerce, domestic and foreign, Atlantic
and Pacific, than would have been given to it,
without California, had hundred millions
year, for the last half century, been appropri
ated to the improvement of rivers and harbors.
We think our case is made out. Ia our pur-
chases Of and wars for Southern territory,
neither the public treasury nor the Northern
States have been the losers On the contrary,
while the treasury has been replenished from
hese acquisitions on account Of the pet inst-
tuition of Southern slavery while our COM
megce, from the sea to the rivers and the lakes,
has been vastly benefited, and while the North
has secured some Of the richest and fairest of
these acquisitions, we have secured with them
the whole region Of the gold country, and the
monopoly of its bountiful digGngs-wet and
dry-the ports of California, the sthmus pas
sages and the command Of the Pacific trade.
In view of such splendid advantages as these
derived from our outla7s on acoou Mt Of the
"pet institution" we are under debt Of the
heaviest obligations TO the South. This deb.
cannot be cancelled in dollars and cents 1T can
only be met by the exercise Of that spirit Of
compromise and concession towards the South
which distinguished the fathers Of the constitu-
ton In the exercise Of this spirit should the
South give shape and form TO the State
Institutions Of Kansas, II will be n small
concession TO them TO admit the State thus or.
gained into the Union, In consideration Of the
balance due the South On account Of the Loui-