The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1856-11-03

aAen 70 victory The country is safe Buchanan is re.
yndaied ana the peace Of the country restored the con-
stsrtson preserved and the ULion perpetuRted.
Mr.. RUGGLES TO SPEAKER BANKS.
NEW YORK, Oct. so, 1856.
10 the Honorable NATHANIEL RASss Jr Speaker OF the
House OF Representatives Of the United States
SH- On the 26th Of September last you honored our
cny With public address delivered at the Merchants
exchange, in which you pointed out what you deemed 10
be the sources OF It's prosperity present and prospective
a. matter Of course, tne character the auence, the
business and Importance Of merchant princes-our
magnificent sueet"-our magnificent bays and poble
rfvsrs-our naval structures from the little tender V
she magnificent steamer that has astonhed the world
with rs prowess'-were all brought forward and eulo
gfed In the terms customary such occasons In ad
1son TO these familiar phrases the riches OF commerce
yet 70 be opened by well directed and intelligent indus
rs and with Easiern and Western Asia and Africa were
ned up TO our delighted eyes Coming down TO partcu
an you assured Us that within ten years we should con
eol he iron market OF the world and might increase
trade 200 per cent and in regard to cotton
than tba" Can you wonder that your auditors united
with ord acclsnaiions in propouncing yeur address
splendid performance
90 happened that OF steady citizens, whose
Ewes had been particularly devoted TO the business OF
constructing the Internal communications leading TO the
metropolis on scrutinizng your statements discovered
tone Of disparsgement not OF injustice, towards the
southern portion Of the American urioua region which
they regarded ~ contributing largely and vitality to the
prosperity Of the crfy-and they found, moreover, q
VEN Of excessive exsgeraon IN respect 10 the Gunner
c and industry of the North which they thought
repGgoani to good sense and proper national feeling
With every sentiment OF respect for the high occ go1
occupy and without any personal unkindress 10 Yards
yourself nevertheless partc p&fed IN these seutmens,
md In two letters published on the hrrt Of October and
he cay preceding, gave my reasons. For taxing tas
soes1, and some 90 n the length Of ranking me smoug
the high osss F." carIot well except 10 that stony
sp'ihe feeling that my opinion o. your address remains
and mus. remain nxed rs hnl.
sun believe, and shall ever believe tia, is tendency
Is 10 aysrsvste the feeung 0! disuncu aud dis
ssahy already too rife-and that is statements and
AC.NN 1nrn Nd IA 0rA mis-
chievous hy criticism Of It's statistics has now
arswn rom you reply, which appears n the
HsElID of The 24th, and IN the C9ug1C OF the
2ssD INST The latter o; these ourna.s 10 lis leading sr
ore OF the SIN mat had declared that the sensation
produced by your address was deep AMI permsnenp-
that at yet end1rcs ard ia exec.Ds great influence
upon the progress Of the campaign" Eat pleased
70 add that ii tie people could not 90 quiet but must
needs "quibbe and cavil At your statistics"
Commencing your letter Of 18th. In similar tone,
you indulge IN Ding "peopie Who dong nothing them
selves believe thai nothing can be doneat those short
sighted observers who, "ssoctsing with industry only
Nc ides OF perspraon and fatigue aa with oy any suc
cessful attempts 70 show that the amount CT labor has
been cyeTyateo 70
sas, moi con,esi with you sir, the palm Of pre- emf
useful to benefit the city an the country
o<h Of have aoorcd 10 the beat OF ability, and
,nt that neither Will suffer unduly IRON fatigue or
peH pirationp the prefent occasion Bat you have
nov set me sask requiring EFFORT You have reared
exanlc towering structure Of statistics, which you eau
me TO schle-wnn what success tae event viii show
Eur purpose a. overshadowing the South you nay
erected stupendous pyramid In the Moth that all but
ctsAves The sscs. Let then carefully around H.
survey ~ outline, serutnize " MATERIAL aud tnen con-
putc fts cortenis
Yos actress a, the Exchange declared tta the sea.
occupied all but exclusively BY the North and that
they contributed fourteen hundred millions ANNUALLY as
tbsr share OF commerce in toe sccrm usiei incrsria
froo OF the people OF the United states" TO this
answered that ihe seas produced nothing whatever Of
rca value excepting the nsL caught in the theaa
ngal valac al whiSn exceed twenty millions; a1i
that resd o. The fourteen hundred millions carried
on me seas oon,fied wholly 81 the products Of agycrR
81 md maj utl rtrE mo-
2scet the sess 10 word, thai commerce orocrssd
cohiDg bot onlJ carried conucdiss shicn agriculture
md manufacture TAD areafy produced.
tbs 90 GEL eyden, that ne q, y saw II neccg
.fy exricGDg you rom toe eif s1ty. and according
~, N IL leader q be SIN nst took VOC 'orih~to eses
sSd ss9ppaR ct org enough On tie sea - geau iron
Y a. TER "a loo maons al n that eEyer.e sed
nerclal lon5ual vontgrea o. o.I3-s tns Commercial
prOnt cn or iotesn a 90 mNh0ns. car mer
srsnts and ~ ppers S rrJoes Hgt lite - 'rce.ys
thss her rar q prgs % taag scta Ked a. t1ay pr
cent ~ sa01ll pause say vcFd sst, thai rate p
ain he cotton pece, &C. icrnng part o. TIE 90
s.isons rat .hat there mucG stser game scest
Ho1 tier. 10 81 aga The rs iae o. yOcr -
nin,rrs % conDerma psod1cs . io1ee . ~ -
spHW ;hat the lsusf Or carrying ana selling prGdgc
sSds pi ucA - TOO vEue, ant mo-; be cyDpcte1 "a
gsri q Pr prof1ci s--iLst p say, ia. ne cot c
sarry ~ rgrrt. 11uf ~ arsat worth d0lars
Sstra oBs collar tbe aaisr coaztiales the commercial
posaon o The ar ttifA product frcnecdi1g On tes
7v.nsipe he eotS tbeu asserts Ia the i0al Erosn
" Pr eyiy tnE1ay carr "a by 0Cr c2a2ls, r. Eeys
aBd eo-sust se.tes 81 lie TO- saod tao hundred and
lahiy 81. mil0rs -losl tseaty.avo per cent kd1ld
- jos cs'iuate o. The pro1i pfoosced oy war 3
$500. \, - -.s,t.ns ~, - 10 ,.o-c.~ bv
- - - s.-,,.s..,,a ~, -, - 80. $50,
~, :. 80 .s ts h r.9,si n 10 ,1s,,r.,.,, Il e.
~ !, - =. - =. F.sp - - -, ~ - a.
- s,..sl 49,. - .....t,. 49,. ~, ~. =. -,
- Y. 49,, -. 80, = "a .eiss - -. 80 - a.
49, - ~ -. 80 - = ~. - a, 80 S =. -, y
s,,,., -. tt - ~ NJ ~. - NJ
- 4 - - y. -. $1,000 80 80 - ~
~ino nu proros' 70 secs ibis tri ug amount Of ss
80, \. Y .., 4, .s..s y s.@ = - - ~
:, ,es,Sy 80 -, ~. SsN.gt - A'~''A % =
pgt' !, h,rs1fv ~. - t,..S s,.ss.sy Il, vo-, a.
-, -, y 49,, 49, w ~ 1870 s'.- aas - y0of q
80 n, .,s,,,a =. - a s,ss ~, 80 -.
~, 80, -. -. !. - q E.es ~ ps \,
y ~ ,s ~ -. -, ~. .,..,., =, - 80
&C. ~ 80, I,,s Ia @.r.spy nsrTs Il '5r, vt,s
~ - -. -.