The Iowa transcript. (Toledo, Tama County, Iowa) 1858-1866, 1862-10-09

tries. For example the exports Of
France are less than one.eig,h Of the
productive industry Of the country.
The volume Of internal commerce is in.
sufficiently indicated BY the figures
which express the annual value Of the
product Of the nation,a industry, mas.
much A. the great mass of the products
remaining At home become the subject
Of repeated sales and purchases. Even
tho commodities Of foreign commerce
are themselves the means Of swelling
internal commerce. How often is the
wheat Of Illinois bought and sold before
| It i exported, and how often are the
silks and wines Of France sold after they
arrive at New York? So that it is
within bounds to say that the internal
commerce Of the country is more than
ten times as great and important as our
foreign commerce. To those who hold,
in the face Of these considerations, that
still foreign commerce is the most i'm
portant interest, sufficient answer is
found in the words of III esteemed writer
orpelitical economy, who observes: IF
wcaltl, can come only from abroad,
where does it come from abroad ::
FrsM abroad also ! so that if tracing
it from abroad to abroad we should
have t. trace it beyond the confines Of
carth!'' It is obvious that, so far as
commerce is a source Of great wealth.
domestic has the al vantage over foreign
commerce, in that in the case Of the
former both parties 10 the bargain are
ut home, whereas in case Of foreign
commerce halt, at least. of the benefit Of
the trade goes into the c..tlers Of the
foreign merchant.
THE REAL SOURCE OF BRITISH POWER.
Napoleon ut ST. Helena sadly said,
"Great Britain conquered me not with
her swords, but will, her spindleS: with
her spndlcs She subsidized ii! Europ
and here l ann
The power of steam cmlloved in
Great Britain is estimated as equal to
the united forces Of 600 900, 600 ofmen,
and yet the total number ofpersonsen,-
plovcd III the coal mines is abont lao,-
600, two-thirds Of whom raise coal for
other purposes then for steam engines,
so that 4O,OOO men mine coal enough 10 !
do the work Of 6o0,ooo,0o men. The
entire population Of the island at the
time Of the foregoing estimate Qs5Di
was 2l 900, GOO each one Of whom, man
woman and child, were the power thus
equally divided, would have thirty viii
ling slaves to do his work. Slaves, too
born in full life; slaves that never tire,
never fall sick, need no clothes, aud eat
only fire and water, costing oily 4O, 900
men to raise food for COO, 100000.
To enable this fuel to do tle work i,
is however, rcqni cd that mn, should
play the part ofcnginecr The engineer
must have his engine. Bnt Ill the en-
gincs in Britain arc made W SIS 900
men. Adding now together tie miners
10000, the engine builders, $1,000, we
have less than 100, 600 men asthe fetal
human force given to the Development
OF natural one equal to 100000, 900,
the physical force Of each leing thus
six thousand times. Il is by
means of this mighty power, aided BY
hen carrying trade, and her absorption
Of all the earnings Of AL the agricultural
nations who submit to her ystc,n Of
trade, that Great Britain has lraped mp
her vast wealth, now estimated at &C.,
0OO. 600, 900 sterling, or $50, 00Q0oo, 900.
It Is by these means that she sollects
revenue Of t355, ,Ooo, 900. It iahus that
she supports her monarchy, Ter aristo-
cracy, herhierarchy, her army, ler navy,
her civil list, and pays the interest on
her national debt Of $500, ,OO 900, Or
81. 600, ,ooo, 900.