Daily American organ. [volume] (Washington, D.C.) 1854-1856, 1856-10-06
AMERICAN ORGAN.
Mrs Huggies's Review of Mr.. Banks, w ali
street Address, concluded.

ooutnern portion OF the American Union from the
ulsparagng comparison made at the Merchants Ex-
change, in the address Of Mr. Bsnks tbs Speaker of
the House OF Representatives of the United States
In view OF the peculiar geograRaical importance of
mat section Of our ccmnsOn oow11Dy and the chs>s-
the Indies of the American R2piitfeo The phrase
was not selected for any merefv1 torica purpose
but simply - . term Of ds.ri7se. snording the
means OF arithmetical comparisoQ
a moments sxsuinaton Of - history Of Europe
will show thzs nearly All IL civik<s4 nations have
sought TO increase their commercial and political
power, by acquiring territories colonies enjoying
tropical climate and yielding tropical products =
But these dependencies have always been widely sep
arated from the parent State. The West Indies of
England, of Spain Of France and of Holland lie far
away across stormy ocean; while the East Indies
q me same Powers are rated by the breadth of
hemisphere. Fl. yHt Ea a1UH
But the Indies of the American republic lie within
Its very borders, and boureed by the Chesapeake
and the Gulf Of Mexico E1fAI EiIIF
They are cheaply and constantly accessible by the
commercial and navigating Ststes both by land and
by water-not only by the open ocean in front but
by the great ne tonal navgaDle ri er of the interior
moving unnterluptedly from the land of the oak and
the pine, TO that OF the palm and the olive. Ard
herein lies the deep secet the very inner life Of oy
existence furnishing tie key TO our commercial and
political history for ages 10 cot.e.
: How singular then, the spectacle of statesman
dspaaaging this geographical portion of our wide
spread expire for the reason ly that its pursuits
are mainly agricultural while those of his immediate
neignbors aie mechanical and manufacturing Does
he not see and he not feel that this very differ
ence of pursuit growing out of difference OF climate
ls proyldential boon, bestowed upon our naen for
the very purpose of creating the necessity for ma
tlonal commerce and national commlnions Does
he not perceive that if the cotton planters of the Car
olinas made pins, and buttons, and wooden CLOCKS
they would not buy the pins and buttons and wood.
en- clocks of New Engandp That il the cotton
plant grew on the shores of Massachusetts, the cot
ton planters could not be shod by the shoe makers of
Lynnp Can he not understand the great truth that
the nations difference is only the nations peace
that New York and Pennsylvania are geographically
interposed as commercalagents, to bind in harmony
by the golden bonds of commerce, Il ese remote ex-
tremities discordant only in name and harmonious
IN their mutual interests and necesstiesP 5k
But let us look little at the arithmetic of the case
Let us ascertain the pecuniary value of the peopra
phca conjunction in single nation, on single mn.
broken continent of the temperate and the tropical
regions-and for this purpose let us compare the
East Indies of the British Empire with the Indies
trmlng an integral continental portion of the Amer
lean Republic.
The British Territories in India Including the trib
utary States under their authority embrace 100000
square miles, and l4O, 600 people. Their total
commerce with England in the year 1892 amounted
only TO ten miions and eighty-seven thousand
pounds sterlipa-a little less than fifty millions of
dollars In the same year, the products of our Anne
rican Indies, between the Chesapeake and the Gulf
directly exported to foreign co litres were AZ OOo
600 OF dollars, and the residue sent TO the North
either for export or consumption were certainly not
less than twenty millons-being in all so 000, 600
This sum was returT ed to the South in equivalent inn
ports making total trade of I24 600 900 more than
double of that of British India.
In the twenty years that have since elapsed these
two great commercial empires of the world have been
running an animated race-for under the vigorous |
and enlightened administration of the elder Eng
lald, its annual commerce with British India has
swollen from 10 100000 sterling to 81, $50 600 pounds
or Sl30,00O00O, while the energy of this new Eng
land, of the Western world has enlarged the trade
Of its American Indies foom 124Oo0,0oO to nearly
$350,000,000.
am unfortunate in not possessing Mr. Bankss
happy faculty for dealing with millions by the thous
and and must fan content myselfwith creeping along
by hundreds of millions-but will aver that these
our Southern States which he deems it proper and
patriotic to disparage do now actually and annually
contribute at least three hundred millions to the
commercial strength of the Repubc-and will
further predict, that if the American Union can be
preserved from the assaults of demagogues, and |
sentimentalists and halfcrezed fanatics This same
three hundred millions before the close OF the pres
ent century will nearly approach if il do not entire
ly reach, one thousand Misunderstanding and In.
vigoratng to corresponding extent every depart
ment of national and continental industry and every
element of national and continental strength
The question is then presented TO the merchants |
mechanics, and landowners of this great continen-
tai metropolis to the million Of inhabitants congre
gated around the bay Of New York, already possess
ing thousand millions of wealth-the very product
of the Union,itself the very type and exponent of
the Union, do they approve the political PROPOSE
ton to despo the South of every national Office and
deprive it of all participation in the government of
the Union2
If we look further into tho address of Mr.. Banks,
we shall find ourselves comforted by the assurance
that other regions remain on the globe far more val
liable to us than the Southern States "we propose
says he if the people Of the North should conceive
and inaugurate policy of their own, among other
things, Ito cultivate amcable relations with neigh
boring nations, and especially with the South Amer.
can continent. "For looks saws Mr. Banks "at
the South American States What do we see in
South American territory ten times as large as
that of the United States-a country fertile than
any portion Of the United States. While we give
1900 900 900 annually ofaccumulated industry, South
America is capable Of giving four, tennay, even one
hundred times more OF accumulated industry. She |
has 2Qooo,O00 Of population and 100000 OF square
miles"
Now let us coolly count these sums -Four times
45O0 900 900 are 49, 900 000000 ten times 100000
600 450Oo0oO,00o; one hundred times 4500 000-
600 are 100000, 100000 OH Mr. Banksi why did \
you leave your own sensible and sober State Of Mae
sachusetts to come among us poor barbarians, TO |
dazzle eyes and turn brains with this efful
gent row of fguresY But savsges are caught by
glitter and gewgsw. Let them swallow the 456 ooo,-
100000 and be thankful ~ Il
But even here the eloquent and comprehensive" "
Speaker does not stop. Even the $50 900 millions fail
Of America did tolerabiy for beginning But a
richer repast must be added, drawn from the long
buried stores Of the dead old oriental world where
the statesman sees still more glorious vision.
Look, says be, s'at where we stand Here is Wall
street, On the spot to which we now direct eyes
twenty days journey from the populous cities
of Hindostan of China and Of Asa-the repositories
Of e tcorlds soedL for hundreds and for thousands
and for tens Of Thousands Of years. wealth which IL
fabulous in its origin fabulous In its extent and IL
the accumulated wealth of seven hundred millions Of
people"
Now, gentlemen, am getting almost tired Of @sc, |
cumulated wealth. but as Mr.. Banks proposes that
we make railway TO the Pacific, to reach this accu
mutation Of tens Of thousands of years, win merely
observe first that II has probably grown somewhat
musty by this time; and next that fear Mr. Warren
Hastinra and bis worthy successors have got aheed