New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1858-01-30

food consumed in single eating house or The smn.e
ment furnished in angle tbeaIer anu ~, ~ fsi,.
wheat the iron, the corn or the copper, couIu -
~ divided among the people who mao coht,ous.'
the PRODUCTION OF the journal, the food or me anu
neni would be problem entirely IhcaPaois u e'''
ton. ., - .o.;al
The preciou. metals, Mr. President are % me 500
body what atmospheric air y 10 inc pn! ~, -
Roth suppyipg the machinery OF circulation, ihe Ies
outon OF the physical body into IT. elements ~ ~
deprived OF tho one, il not more certain man IL
Of the social body when deprived oi 'ne y.Holi .n,
both the e bodies the amount Oi force 4 dePe1DeD
upon tie Iapidy Of circulation. lhat u M We
rsp id there must be full supV'y Of the ms ,hhe.y
BY means Of which il i 70 De Effected ana ye' ~"
distinguished writers who mourn over VIZ - Is,
maintaining the currency, az II tWefe Aii"t'tI', 81
while expatating on the advantages % cans. anr
railroada-not perceiying, apparently that lue 1n'!
that can be carried in TIE bag, and hat scarce!
in weight with seTvice o. han uolIn r.. a., of
more exchanges than could be effected by a ne.t %
ships nany Of which would az the close OF suIn
period Of service BE- rottng on the shores on "Hcu
they had been stranded, while the REMAINDER "'u''
already have lot half their original value.
OF all tie labor-ssvpg machinery IN use, mere :
none that 20 much economies human power, ana 20
much facilitates combination, az that known y! ~.
name Of money. Wea IN, or the power OF nlau =, 80
command the services of nature, grows Wth ever!
increase in the facility OF combnation-thls ia'teI
growing with the growth Of the ability TO comman1
the aid Of the precious metals. Wealth, tneD' rhot
increase most rapidly where that aeiAty IS no''
Nevertheless Mr.. President, study our treasury
Reports Of The as few year,, would lead TO the con-
clusiOn that Of all the machinery used by man, tne
ship was the most important, ard the precious metals
those that demanded least attention. Year alter year
we are told OF the wonderful growth OF our uhhage'
ard that too by gentlemen who seem never 10 adVer'
to the fact that single ship would carry more iuns
food and wool in the shape Of cloth, than II can carry
of bu1dred-weghts in their original FORM The grea
object to be pshed being that of increasing Tue
quantity of shipping, il seems a most surprising Una
we should not as yet, have had proposition TO re-
quire the cotton be exported in the seed and the
corn in the husk a. meats OF increasing the bulk
the things to be anspored, and thus augmentng the
demand for ships. Our whole policy looking 10 tL1
export Of our products in their rudest sates-and thus
maintaining at it, highest the tax Of transportation
and that being the road toward barbarian it ahords
no cause for surprise that people are SO frequently
compelled 10 resort to the eOf worthless rags as iur
nishing the only of circulation that are WITHIN
their reach What the circumstances that tend 10
increase the supply of money and how we may DC
enabled to carry into effect your idea OF real specie
circulation, | propose to show in another letter,
remaining meanwhile, Mr.. President,
Yosrs very respectfully, HENRY e. CAtti'
Philadelphia, jan q 1859.