Civilian & telegraph. [volume] (Cumberland, Md.) 1859-1875, 1859-11-17
Our 2EApor1s.

las. year. Tho tabular statement. as made
Up AZ the New York custom house, gives tie
following ,xhitit OF the imports AZ that port,
exclusive OF specie, .r0Iu lst oi January " lst
vi November, 1859:
From l.. Of Jan. to 3ls: Oc..
were, s20a, 1877 600
Add frs. week in n ycnlber, 2,G10,O0G
Total 10 date, @2ll.5lG, COG
gainst same time, 1868, 22,412,3lI
Increase 70 date over 1869, So ,2S3
Increase To 'ate over 1857, 1l.070,347
Increase to date oveI 1856, 22768, 49,
While we have been importing at this rate
notwithstanding our factories IN this country
arc idle and woIkmcI who are tie wealth ui
country, have been thrown out of employ
meut, we have been more literally impover-
isbcd. During the same period we have ex-
portgh from the port OF New York specie and
bullion amounting to SG3 ,270,6li, while the
exports Of domestic produce at the same port
for tile same period, amounted only to $iS,-
223,7iS. We have therefore: during the
present wear actually sent away from one
put $40 ,04G. 500 more specie than produce.
Here are statements which the thoughtful
may ponder.
In an article Oh this subject, the Philadel-
phi.L North american says truly, that there
Are Il set of political economists in the conI-
try who ailc,t to sheer at the use OF the term
uu.avorahc balance Of trade. They deny
that balance of trace is unlav0rable when
the difference in the value Of shipments oi
produce between two countries is settled ~
4 transfer of the precious metals from the
debtor to the creditor state These gentle
men, in the proiund,;y Of their wisdom, say
that all uueasucss about the operations ii al
unlavUrable balance Of trade Is quite irratluu-
al. That u man might as well be apprehcn-
sivc rcspectiu. the forces that keep the solar
syttam in place, and regulate tue motion ct
the planets in their starry dance. That it Is
al! right that we should annually ship from
our ports millions on millions Of dollars
According to them it is the best possible ev-
iuence OF 4 healthy trade, and OF the sound
ard even Wig rous condition OF our country.
and the m:.n vino would attempt to alter
such state Of things must bc .gnora.t cf ali
that the most advanced thinkers ON ecuuu-
mics have Published to the world, aud as a
statesman practically seeking to remedy the
tie evil 10y legislation, lie woEld saU" him
self Y buu9ler, and a miscellaneous, medd!e-
some fellow.
"Nuw, to come 10 any close reasoning with
men who talk in tais way, is Ike svttlMg
traps to catch moon Jcans. After using youl
best efforts to se;ae.the arguments employed,
you open your hands and find there is moth
my there. You are dealing with words
which, when they come to be- analysed, are
seen q be compounded Of nothing. You
have ucea 1cluiei by moonshiIic witch has
liYgn q sarru to cEpty air until 1t looked
like veritasie substance What sort ri an
argument can you holl villa man wno
maintains that !: is no disadvantage to the
United States TO send abroad one hundred
millions Of dollars, III gold and silver, year
AMI who Decves on preteuds t. believe, tia!
the precious metals 70 from lis To foreign
3uuHtries because We to not need them at
home Slealtcstly no good en- come from
reasoning with such n person. These cie-
inents, or principles, ti:al insn must have III
rutnuon, il order to converse at AL are evil
deity wanting here. YOU might rs wcliat-
tsMpt an Interchange OF IDEAS with a man
who understands not single word If your
ianguag", and c"a not comprehend any sign
goa make to him.
at s4mo>t too rluch for human patience
to read u Journal geLcraiIy well conducted,
or to hear in your Office, ur at your dinner
table, from the lips Of an granular looking
lrrson, the assertion that tic Uuitel States
docs not need the precious metals in greater
abundance, or they would stay with u.s.
Gold is like water and seeks lis level, says
the oracle and 80 lie anuscs himself with,
and sets others To- thinking OF a flowing stream
instead q! the uOYcn.cits # tho precious
metals. But Us there happens to be 10 an
Alogy between TIE two things, nrtnid& IN
common, TIE iu-rnaucti1- OF lAc iIr.rc uaiy
dis cr;s the attention from the real question.
Now We viii point cut resemblance taat
really docs exist Letwecl the movements oil
the precious metals and water. lou may
have well, with spring that yje'ds an ~
buuHAnca Of swpc, water for the use Il your
family, and Your next Goor neishorr may
dig deeper well, and 50 drain yours, and
turn your supply oil what is necessary to 81"
into his own reservoir. This is just about
the relation that the United States and Great
Britain haze occupied To each othur for very
many Yeas. We need the precious metals.
they are even Of vital Importance To U.S.
lhcrc mast DC a gradual accumulation OF
.,.l in the cuuEtry ii We art % progress
steadily in the development Of our resources,
or, Indeed, il we are 10 make any progress at
all. 10 Industry in caca AMI a! of It's de-
pAItucnts the precious metals bear Tie Same
relation that tie llood does 10 the body
The i. hole Organization Of l!.o animal depends
for lis integrity and activity on due supply
Of blood, and 10 the industry Ut the land, IN
each and all It's parts, requires that the pre-
cious metals shoUId he at \ certain level, aud
L rising level, too, ii the supply is to meet the
demand made On ii.
"ln view Of rnc fact that We mentioned 4:
tie opening Of this articlc--tie enormous cx-
ports cf specie that has taken place for thin
year--th there is H. difficulty in accounting tul
tho gloomy aspect that business continues It
wear No wnnG,r inca will not engage il
active business when they see = drain COINS
on that they know must soon exhaust then
Il they possessed u capital OF millions. n,
wonder the harus and StOrchouses of CUR Yves
tern farmers groan with unsa,elGlc produce
when that first essential to remuncrati"'
home market, geld, is shipped abroad Tor Til
benefit Of foIeign pla.u!G,turors who see!
their breG,tstu!fs mainly from the countries o
, europe. No wonder that confidence is i'm
paired when the grounds Of confidence ar
being destroyed and that credit, which ug
der proper limitation is essential to bushes
transactions, is too weak to revive the enter
prise Of Responding community"
---zz- --~.p .-s.----
Gcrrit Smith II Lr,natiC.
II is not tn be wondered at that Gerr;
Smith, the great lifelong Abolition agitatc!