The independent. [volume] (Oskaloosa, Kan.) 1860-1874, 1862-03-29

pas. year, compared VIII lie losses VI
1857:
In the Northern States in 1857. there
were 4,257 failures. invoking the
amount Of seG5.SI8, Geo. against 5935
failures during The past year. with an
Indebtedness Of sl78.63e.l7O; showing
for the past year an excess Of l.678
failures over The number in 1857. will,
diminished liability Of SS7. I85. $50.
In the Southern States. the number
of failures for the entire year Of 1857
was CTS, with an Indebtedness Of S25.-
93e .Oo0. while the partial returns Tor
The year 1861 reveal ]. .o58 failures. will,
lisbihlies amounting 10 S23. 8.251
although the returns from the seeded
Saaies embrace period Of only fou.
months. or up 10 May I. when our reg
ul.r facilities were interrupted.
From the same source, We get the
following figures relative to the indeb..
edness of the South to The North: 1a
There is due the four cities Of New
York. Boston. Philadelphia and Ba.,i
more about Sell .OO0. coo. divided as
follows: New York Sl59. 900. 600
Philadelphia Se4.6oO,OoO Baltimore
S19,O0o, 900; Boston s7.65O.0OO.
In the dry goods interest alone in
iliese cities, our estimates show iha,
New York loses $4,000, ,OOJ; Phila-
aelpaia. s1l. o00.O I; Baltimore. S6.-
500, ,OO0. and Boston. $1,000, 600; max
ing a total indebtedness 10 the dry
goods trade Of s97, ,5JO.OOO From
Ibis AMI her data we estimate the 'ol,l
liabilities of the Soul, 10 The Northern
States q. near S3jo.O00. 600.
Tie sudden reverse our commercial
prosperity received. culminatin. in
April last. with The probable conlinu-
ance Of The aahappy outbreak, prompt
ed an economy which was very gensr-
ally adopted. and has been 50 iisiily
a !h,red 10 ;hif We csiina,e the ac.u. II
saving prac .ised by families. in articles
no, OF absolute Necessity, a, a 6.urt
which very nearly meets The expenses
o. the war thns fur. Wit, p,puI,.
ton of 90, ooo. 0oC. We may safely coun,
4.oo0. COO Of families: aud es,imaiins
tie annual economy of each family a,
$40, Which is no. large, under The cir
cuns.ances, We hsse total saving 10
the County Of 800. coo 03o.
-
The North IS self sustaining. and or
Western Country is now reaching a
more sound Condition than i, has for
years enjoyed. Tie prospects for the
Spring irade are good. The great
abundance Of the products of The soil,
Epar.ieaiaiiy at'the West. and the i'm
mense disbursements made by the gos
lernmeat. ai,l put in circulation large
amoun.s Of money. and enable The
country merchants TO buy literally. aud
generally on a sale basis.
In ihe main, VIC aprreheusi .lsese es-
Inmates are correct; bu, in the item o.
Southern indebtedness to the Ner,l
there IS certainly an error. The -four
cities, aad Baltimore is not Of the
North are pu, down as. ont Of pocke'
Sell .00O. coo. while the whole Of the
rest Of The North is put down a; onl,
5ce,ooO,0oo, which !ied 10 The otl,e,
makes the aggregate of $3j0.0oo. o O.
That this is far below the mark. we
have every reason TO know The a
mount owed by tie South TO lie peo.
pie Of TIE Ohio and Mississippi valleys
and the tributaries OF the.e Iiyers is
immense. We know OF ins .ances where
pri:ate individuals hold Claims against
ouherners TO the amount OF thousands
Of dollars. All the frorisions. horses,
and Farnit3re Of the western portion
of the Southern States comes from ,ie
acess Of the North; AMI we venture that
, j, Will aggregate at least $500. .000. GOO
Then there are the Iron msnufaciur.
ers Of Piusburg. Cincinnati aud o,Ler
points. which supply all the Mississippi
valley Of The South in their line. Be-
sides. the Giles Of the west f,ave no
mean tiade in Dry Goods with the
South. We think $3.50. 100000 will
hardly be too high an estimate to pu,
down as tie Southern Indebtedness 10
the wssto:ene. which ought to include
the city Of St. Louis.
1t is fair 10 put down the indebted
ness Of the disloyal states TO the loyal
a. $500. COG. 600. aud we doub: no, 4
will reach this amount. T~o-thirds of
IlAis may be Sc, dc~n as dead loss ono
third may be recovered. The Soul,
has. then. robbed the North Of over
$500. .coo. 600 in principal alone. which
will seyer be recovered,
II the rebels who owe these debts
are worth anything, when the govern
uent gets possession Of their property.
Is would probably be no more than jus.
and right 70 allow .be creditors chance
to make their money, or a part of it.
At any gate the property Of the rebels
ought TO be coniscatcd to the last cent,