The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1856-10-24

In every State, for the purpose or strengthening sa
erroneous deduction from his own missta emeut. I
stated that Of twenty seven millions Of people the
United States in 1885, the South had ten millions Gov
Floyd assumes that the South has but eight millions
thus, with less than half the population produces p~
capita more than its share Of industrial product
Upon reference to the financial reports Of last year.
Gov. Floyd will find that the per calta product sbosA
sos 81 for each person in the Southern States to Soe
the North.
Gov. Hunt finds great pleasure, II appears 10 the fAos
that the statistical computation which presented
suits almost fabulous Of American Industry (" has bees
reduced about fourteen fifteen (hundred) miNoas
of dollars by the clear investigation OF one o. the a6ies
s,atesne Of New York" This reduction which affords
the Governor great pleasure, and which he thinks
does New York much honor relates exclusively to cou
merca industry. not asserted that the agricultural
manufacturing industry is overesmaed Your eaortss
reduction relates oniy 70 the sum- over S. 100
which constitutes the balance OF 500 900 co., ststed
the aggregate Of American industry and Of which 81
COO was credited TO com and the satisfacua u
Governor Hunt "a derived from your assumed success
There are people, who, doing nothing themselves. be-
lisve that nothing donewho think the highest honor
dong nothing Associating with industry only deas
Of preparation and iatgue, they hail with JOY any
cessfu attempt show that the of LABOR he's
been ov.Jrs,ed One would have supposed that New
York commercial industry would nave made q, excep
ton this philosophy. You. sir speaking for the
chants would have i, otherwise; but you are nstskso
have neiheI overestims.ed the detailed nor axgre
gated industry OF our people On the contrary,
have greatly underestimate each and all and especially,
tear, that which easss to commerce Nor did an
cirstc that my dtsre 10 properly present our gigantic
comm srcis movements would be assAed IN New York
my chief error by especially claiming 10 repre-
.ntle nterese Before re state the indus
nisi sc,s and the authority upon which they stsnd,
which repeat great facts, beyond all question:
their truth. l beg your permission TO say,
that at the % os.st You mistake an Z ros
,he address Is that sixteen non states greas
iy exceed and excel the remaining fifteen siaveholdnx
states In all the legitimate pursuits of national industry
&c Pardon me SIR; the fundamental idea Of my Cd
dress, on the contrary, that the goverpmeot haA
be en- urrsnde'ed to the propagation Of abstract dess
Of institutions with ali successful national m
opstry, and that u ~as now time that 1t should -
urDed h,tle while least, to the deve,opsmeas
the mater al Interests Of ibe continent. We asks4
for peace aud . wicer held Of industry. The n-
dustr,al fae,s TO which you refer and the b4oodv
history OF Kansas, 10 which you make no ahustoa,
we're cited ss hnstra;.ons OF the proposition Nor did
Claim, as you say sthai the Northern States are nov
sprleu to direnr the government" Ny asser,iou wa1
a those who mad great share in The labor Of devci
opng the material wealth OF tae coatnent should sss
have part in shaping its political policy. Wa invited ~
20 join us who would substitute industrial ccmmsr-
cisi development for agitation and pro slavery
propegar dsm. Those only denoance as sectional wAs
Bun you say, "urhsppiy for Mr.. Banks, it is NOT wus
toat the nation annually prodcces 81 500 Oo0 900 Hap
ply for Mr.. RG2g 1t may be tree Lot US eco. ~
,tstement WAS that OF this aggregate Industry Agtcd
ture contributed sleooooo.oo0 manufacturing and me-
industry 81 500 00o o0e and ths onmcrce save
81 200 10 leaving balance of $500 COO GOV NE
product Of the forest fisheries "a mines - which d
OF auoe In my speech Now sir. for the first poduos.
give you ss my authority tue census returns OF 1880
AID 1850 The product agricultural industry for lSse
VAS s564, 21s5 That Of 1880 was 5000 g5a64o Al
rce 1880 for tne ten years from lsso 10 $780, and e
mocuc' Is nearly The sum ] stated But the ncrsAse
much greater. The extent OF laud cultivated ard tha
qrariy reed been Increased beyo3d t1at q
atty former psroc aud tue unayerssi OF agrcci
tnral .mpro, emens. with tne rnpd Increase of popui
uon win give a far rapi increase OF agTlssi-
rural Industry hr. Anarews 10 ola report upon the SAT-
81. ZOO Coo. M lie Bow esii Ss,es the product q
eb4 q, 100 OcO Tac Industrial prodrc Of MassA-
shase alone A. shors Y .as Senses ,s q lsss nsA
COO In 1856. ny emats Of the product OF agricultural
industry may very well stand therefore, upon ths bssa.
anne su,noay b. ss = a. lsso Wa.
In 1880 II s,os5 5es sS9-sn Of thea
100 per with the same ratio OF ncrease tor ths
pas, years. the produc viii my estimate ssA
you will readily see for reasons that need not hero -
stap d. that the ratio be much greater isv
the present than for tue last decimal period and this don
not ipcuds the yearly Dcrease " dwellings, churches
ard ,n"ys. ! ihink inereior. the estimate ior tnas
Now, IS to commerce I came to New York. = ths
seat q commercial industry 10 speak Of com mnerce Yox
have investigated the proouc Of the nshercs did nee
slUdv 20 ibst subject Hat desired 10 speak Of tAs
sns' ,s % = Johns d% 1ns no, 70 suppas that n New
YORK II would be necessary to define the meaning
OF the term commerce. which ] understand 70 %
the exchange oi prcou for product; and permit me
10 say. that 10 branch ofndusry that gres atty exceeds
my esuante Allow me, cir. to snle the basis
ppcn winch ttat esfima,e vas made. American co0-
embraces tho transmission and exchange Of p<o
cucts tor products, upon canal, river, lake, sea and
ocean II Includes the railway 50 far as Il Is used for
ommsrc. purp poses Let Us look then :, tbs csptai
Invested IA these engines OF commerce Tneie are
sziaeto ton, shipping. which valued M So per to-,
co'dipe TO Dc Bov's compendicm, 47ps miles u
canal eernns, at s2Ao,o Per mile, ss 900. there
casir q an outlay Of $50 600 per mile for ucucn
snd ,qulpmcnt sos3 600 oo and In which, according -
SEQ eco Here 'u'' Is an sgsresa,s capital q
si2C5t 600 invested In enterprises that exclusively
commercial except only Ia tne transport Of passensen
Investment deserving consideration. Let co.,
,icer the business transacted upon these CON
best authority. the report OF J. d. Andrews, ESQ.,,
consul General n the Csnadas. upon the coionlAl
and laAe commerce. He estimates the annual average
per mile lie states thst several long routes u 10
EQUAL 10 2ooo ions PER mile 30 far as have bean able
10 obtain information upon inquiry, OF the freight -
wtsicrn railroads, II exceeds 1000 tons per mile. Er.
cludn Iron cosi the freight .sdmsied ~ sloo per
~ sgD mics ~ anoad equal TO II 3sv0c1 tons.
and valued At average OF Svo per ton according 10
his erlmate. H "a equal 70 81 Ia 10000 Nov ~ n
canal commerce assuming upon the same au horty that
the average yearly freight transmitted ny csrss 900
tns per mile the sfgegsse freight Toe one year win Be
eaval TO 700 tons for the res miles OF canal aad
81 osi, 600 The estms,e per mile Is based upen
returns OF tho New YORK canals for 1851 which vas
equal to 1900 tons per mile From the report OF ths
SECRETARY Of the Treasury, for 1855 appears that
tonnage employed In the coasing trade vas equal 70
spsts tons Allowing upon the authority before cited,
900 gross tons for each Of shipping ~ trade fo~
year, The aggregate u 90 ooo, 600 tons. which
mean vaiue OF ssl 90 per ton amouns 10 81 ssl.o0o
The officially reported vaiue Of the foreign
N 1858 10 skSe,e2l,Soo Let me rcapitaiaie hsse
suits
Trs Tairs
Railway oommcrce...... 2ls$o,too tllt& COO, coo
Canal 90. :. .s.pesWo 1881 SIS. 900
Coastwse do. ...... 6o,00ot0o asst 900, 900
Foreign do ...... 53c.ec1 366
This aggregate embraces much OF the product OF -
rcuuraI and manufacturing industry enscss into co
msrce, wh.ther be more or less. haso includes the