Lynchburg daily Virginian. [volume] (Lynchburg [Va.]) 1852-1861, 1856-10-08


Samuel u. Raggles. E~q., If New iork.a gen
ilcman long and Intimately connected with the
internal and external commerce 81 the United
Sfnfe-. has, nj the request Of severhl prominent
merchants If tiAt city, reviewed the speech #
Nj. Speaker Banks. latcly delivered from the
steps # the Merchants Exchange.
/ he review is ma ably written paper, nnd We
]sulioin a few extracts. After referring 10 "A
statement made by Mr.. Banks that the people
II the United Stnies in The year 1856 will give
Ia the world rs their portion Of the industrial pro-
dnct of the human race forty FIR hundred NIL
hons Of doiars.n Mr. Rnggles proceeds:
II thu North produced the whole forty five
hundred millions, aud the South did nothing
whatever bat keep the black race in Subsection,
it would not follow that the South should be cX-
clnird from all participation IN the government
for il, rs some contend, the black race be nothing
hut a burthcn ou the community which contains
II, the freeinen Of tho North should be think.
inl Ia the South Tor beuiing the whole Of the
hurthrn. and thus leaving them nnfettered 10 ne.
cumnlnte that forty five hundred millions annual
".
lint unhappilv for Mr.. Banks mud bis admiring
nuditors it Is not true that III" ration annually
%pfodnces the 800 miiiions-fnr look AT his own
analysis. Fifteen hundred millions. says he, are
produced by manufacturing and mechanical IN.
dnstry-sixtccn hundred by agriculture. This
makes thirty one-and the iesidnetourteen hun
dred millions. where does il come FROM Let the
commingled rhetoric aud statistics # Mr.. Banks
nnswer:-,'TnE SEAS. that are whitened with the
Aag- nfthe commerce of New York. each signal
Ising the name, the character, the atiurIee, the
business, the influence of its merchant princes,
contribute 10 tbs gfeat ptoduct of 800 millions,
fourteen hHhdtfd millions az their SHIRE Of com
lneret.'
Now, gentlemen, what do the seas thus rheto
really whitenel, in fact, product That Is to
sny, whnt articles of commercial value! They
produce II good many Goldfish. many mackelcl.
mud here aud there II whale; the total value where
of, when caught, harrelled aud landed in the
United States, herdly exceed thirty millions an
nually, if il amounts 10 that. The portion Of
those products exported in the yenr 1870 wasless
thHn four millions. The remainder then of MIR.
Banks imaginary fourteen hundred millions con
sistS wholly of the very products of agrlcultu
mi. manufacturing aud mechanical ia lustry
which commerce had placed on the seas, bn, nm
hraced IN the first twp items Of fifteen md sixteen
hundred millions. And thus We behold the Speak
er. in lis very first plunge into the sen of fig
nres, going as'ray to the tame of thirteen hun
drtd and ninety SIR millions. If this be tho
music ufthe Union which Mr.. Banks describes
the Northern ploughboy 0s wll~lstling, his pohtl.
cal psalnody, 10 say the lcasi, Is capable oi I'M
proycm"nt.
Eut ngain: The Speaker assert. that Of the l.,
ti0o millions produced by agriculture, the fifteen
slnse States contribute but Il per cent, How
tins assertion Is proved does not appear; but il it
In, trao il doe. net show the slave S,ntcs to fan
.L,ri ,C th,ir int ,r,,nr,i,, f., tb,y l,va loss
tb,n r,rty nor cont .c ,h, White nonnl,tion
WI, H., llL4,Ll th.ir oo,io,lt,r, l., reon;ro1
T., n,,5nen .yn, r,rly iyo nm. cent
Bat the truth of the statement must be more
than doubtful. The very run If the South, -
nnfovor,ble to white labor as to make It hinck
aa,t,icnIto+a 1,,,lanr,,,, nina u-,,tson =
,,,.rr,. H., o,n,,,, o,;y, nrodnr, n,,n nr e,rr,nls
hli, Il aaots adil La,,Is ff,,,n nm, Il 81 ,.,ion,s
wealth. and mankind has held them T., be thipa,.
al vnlnn .irrs tho da,. nr Ahr,bun, ,ben fin.
eoatb IN tbis imnof,,ni ,l,m,at ycnE far r,cee4s
iho North IL eq,.ns ,Laws ninn millions nf
rnillo >tanlio, south al ,ba Potomac brIor,tp,
T., :, ,,;a,,a, = ,,L;,. ,..a -, IN. ~, ,u p
G,a. a,,lh ~ il r,5,4.ia,, ., f,a,lr''n TT,i1r5ns.
al whil,.. onl wLat -ta'rsmse, .uiitL,1 for nm
io.fa,f fl, ,ls ,.s,g,t d,r. mn, rcriyrth r,n5I#
inrf,,,, # "a, ,,tt.o. rr.,l u.nv H.. TIM ms
flr Sneaker y,atns. +, 4'.,,, tI5t tic men of
III. C',e,b ,L,o.l an a.,i.al,s,. IN nu.., az ,ni,o
bu, tho .n;oia1 s,,,.I.,l ILL., H. mat .h,y
R,t 49,, N, ri. ,,. ,lL,..,,r ,,l at
fsctun4tn ;nst,rs, - h,r.nf ,,a,cL,,,. - c,s,
ar5 ,,a,,an:t r,, Tz',a,9 - ,.';. ,,,
F,rb,n ~, L,. =. snch - n,.i,n and vitL
s,,b ma ,nJicncc did be o,nit t. .tafc tba rcsn.c.
Nv, Yr,n,r,in,s which ,Lo o,rie,ln,,o ~ III.
S,ofh ,,,l nf ,L, v s{ oa"trij9,,1l :. IN, oaa,
n'ler inHi "intfi'rd the seas! INA t'P2' kne"
lhat"i Inc ioV5 millions produced by agriculture"
at Leaf FOO millions are consumed on the spot
and never reach the sea at all! Fer how much
9i the hundreds ct millions estimated as the va
ln'et tn" hAr, md cattle, and poultry, and milk,
and ''s-' winch hep II swell III" aggregate Is
carried Mt all IN th" vessels ct the merchant
PRINCE! How much oven OF the three hundred
W"a'ns "i ina'an corn get.to sea-
NoI above all deeN net Nr. banks knew, and
do not the New (ak merchants know, that of