The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1856-09-24

400 banks 0f these ,025 are located in the free
States OF the North 346 Of which are in the state
New York, which have AN aggregate capital oil
sos 100000. OF this number S. are in the city OF
New York-the chief importing city OF the country.
While the sixteen free states contain ,02b banks,
the fifteen slave States contain only $751; The CAPT.
tai invested IN banks at the South is only $lOI-
500 ,263, while at the North it amounts 10 about
1884 AGA s25. To sustain this Immense banking
system, the exports OF Southern produces
and the subsequent distribution of imported goods
are absolutely necessary. The North has also had
The largest share Of all the corIuptions growing ont
Of banks from over-issues, counterfeit bills &c.
and in the fall of the United States Bank in Phila
delphis, from Encouragement, the South was
heavy loser Whole fortunes in Charleston and
other Southern towns, where its stock was largely
held, were swept OF.
We thus see that the North is largely interested in
slave labor a means OF sustaining It's banks, and
especially those i'll its seaport cities.
To what extent manu- acturers mechanics ana la
borers at the North depend upon slave labor FOR sup
port il is difficult to say.
There are three millions Of slaves. We may ask,
from whence their shoes, hats and the chief part
of their clothing obtainedt The answer Is, at the
North. From whence does the South obtain us
plantation tools, with saw and grist mills cotton
cleaning and sugar grinding machinery? At the
North From whence are its CHIEF supplies of cattle
breadstufis and provisions drawn! From the fre
States Of the North and West. Where are thu
coastng vessels, the ships in the export trade Of
the South, and the STEAMBOATS, employed in her
waters bull, and owned? Almost exclusively at the
North Where the principal cotton domesti !;
goods produced for Southern consumption ~
the North. Massachusetts, alone, last year, pro-
dgced s36 900 900 worth Of cotton goods the chief
consumption OF which was at the South. We can
only therefore, count the interest OF the North 10
the negro slavery Of the South by millions, al
nually, giving employment 70 thousands upon
thousands Of daily lab0rers, over the who North,
who are taught by the black republicans the mon
strous falsehood that the South and its slavery
their worst enemies and oppressors and that al this
immense annual interest must be sacrificed for
the abstract dogmas and clap trap nonsance nt
shrieks about freedom They declare that the slave
power must be resisted, when at this very momeut
the President, with majority OF both houses of Con-
gress, are from the North; and Of the three cand
dates for the Presidency toe South does not present
one the whole three being citizens OF the free States
The exports of Southern products during the
past year may be ser down as follows
Cotton OBSERVATION-DISCLOSURES. 1888 So ,0o5
Tobacco, ESTIMATED to be the same as
Rice and naval stores, lnmoer ano
slaves. ACKNOWLEDGEMENTS. o,Voo,oVp
Total. si5S ,5s3 ,oa5
or this sum the North, II is estimated, have re-
ceived clear profit OF not less than 80 per cen
Some fix the amount as high as 80 per cent; but
take the former IN, and i will give for one year
alone profit to the North OF t45 200 900, Of which
sum Sll 600 200 was paid in freight alone.
Black republicanisIn, in It's ffenzied fanaticisu,
would say perish ali this. and the Union with IL,
rather than their dogmas should ial 70 the gfolni.
suppose, after all, that they conld succeed ia
destroying the Union, and 10 overtime wing all tbs
prosperity and happiness on The part Of
the whites as vel! az the blacks WOE.
tber free or bond, would the negroes DE any
better off? Not at all; but they would be init
ntely worse of than now. Then what madness 70
carry this sectional crusade.
Taking the value Of exports for period of thicty
five years test of the nations progress Ia 20
and prosperity and what have the slave States CON
tributed 10 that result in that time? After wadng
through large mass o, official statistics we lind
that the South has exported as follows
Cotton. Observation-Disclosures. 81 ne 6s3 967
Rice Observation-Disclosures. 1O7.2s9944
Tobacco. Observation-Disclosures. 257.7s45