American union. [volume] (Morgantown, Va. [W. Va.]) 1855-1859, 1857-04-18

ioiio"ilS nSures alnpiy snow, 20 Wit:
From 1889 to 1856 we imported of
foreign goods, $7,297, ,541, 1886
From 1889 to 1866
we exported, se,4o7, ,ose,e52
Profit of exchange of
commerce and naviga-
tion for Europe, 8O0,501,744
Here we find the balance of trade a.
gainst us since 1889, upwards of Eight
Hundred Millions Of Dollars. This
had to be paid in specie. This money
should have been paid for American
labor. From 1S46 to 1856 we import.
ed iron and manufactures of iron 167,
727 ,672 dollars worth. If the Wing
party had not been defeated, fifty mil
lion of this money might have been
paid to the laboring men of the United
States, building up American manufac-
lures that would give the farmer a
market for his grain, pork and beef,
instead of depending on the European
markets. Iron and nails are higher
than they were 1843; this shows the
great benefit we have gained by those
hodge podge piebald, politicians of this
tory.republican-democra self styled,
party, who are Priest ridden until they
have got the heaves or wind broken
Mr.. Pearce has administered the gov
ernment with great ability. He gave
the Musquito government drubbing.
Poor little diminutive creature, he has
tried to distinguish himself during his
term, and would have done it had it
been in order for him to have Joined
General Fillibuster Walker, whom he
favored as we'll as he could, so that he
might have had another fatating spell
which elected him President of the u
nited States, and which would have eli
ther reelected him, or have placed him
at the head of the Fillibusters under
Walker. But the notoriety he gained
in encouraging Mormonism in carry
ing ON polygamy, in favoring squatter
sovereignty, and alien suffrage, is am-
lply sufficient to consign him to his ma
tive obscurity from which he ought
never been permitted to emerge. lie
would have admitted Kansas with a
population of 45, 900 and all that saved
him from this unconstitutional act was,
he had a majority of Americans and
Republicans against him in Congress.
squatter sovereignty in the Territories
should have been one of the last acts
to be supported by the South. The
Constitution declares that the terrific
rles belong to the government and peo-
pie of the several States. Under this
law Europe may send in her fifty thou
sand thieves and paupers annually, &
they may 60 into one of those terrific
ries and take possession of and rule
it, without taking any oath of allegi-
ance. Suppose a planter from the
South should emigrate to one of these
territories, and take with him some
500 negroes, how long could he remain
with them {? The first Legislature
would emancipate them, and redress
could be found no where, for the Dem
ocracy have sold his birthright to the
dutch and other emigrants of Europe.
The suicidal policy pursued by the ad-
herents of locofocoism in relation to
the tariff are too well known to the
people to need any notice from me on.
ly to say that the country can never be
prosperous as long as the balance of
trade is against us, or in other words
as long as we import more than we ex
port. And Notwithstanding the warn.
ings given to this piebald, foreign par
ty by the Wing statesmen of other
years, they continue on their reckless
course regardless of consequences
Look at the condition Of our own State.
In 1916 she was in debt seven mil
lionsj and in 1856 we find it swelled to
the enormous sum of thirty. .fve millions
Of dollars and that BORROWED from
EUROPE at six per cent interest.
Every intelligent reader will recollect
the Democratic objection to the old U.
S. Bank. What was it? Nothing more
nor less than q portion of it's stock was
held in Europe; therefore it was dan-
gerous institution and must be put
down. But things have changed
Democracy of the present day finds the
most of her nutriment in foreign lands
and foreign policies. Take away her
foreign vote us given in the late contest
for the Presidency, and where would
MIR. Buchanan be found? The facts
answer, largely in the minority. The
State of Virginia pays more tax at this
present time than any other State in
the Union according to her wealth.
to wit: 40 cents on the 500. And yet
old Gtzzard loot not being satisfied
with that, prevailed on the Legislature
topass an act giving him the privilege
to issue bills Of credit, to sell to the
highest bidder, on o credit of twelve
months, bearing interest from date.
Some five rnilloua ne tbeec boods ,o,o,.n