The Lansing state Republican. [volume] (Lansing, Mich.) 1855-1874, 1864-03-02
OUR ABILITY TO PAYDRnr

wen people talk OF our national bankrpn.cv
'ney ought 10 remember az least that the ,sr,i.
toiF oi tile l. 5. j. larger than ,hst of N
Europe and that il is not oulv compsct hut
ur'%u oy lakes, canals, rivers aud railroads
we nave no distant colonies 10 defend. Ne fro,,
." Two oceans; our land il all within the TIM.
pefate zone; and, 10 use the words of Mr. Roh.
81. = walker, m recently published letter on
american Finances and Resources" L" ro EN-.
p"e 0onusuous territory possesses such a Va.
"et OF climate, soil. forests and nr.i,i.s So.
aud hsheries. snima snd vegetable noar.l 20 "a
agricultural products Our soil aud climate a..
30 Tar superior to those of Europe tb.r o,-
country is capable Of yielding more dian dophls
Tue amount OF food and susia ming NOR, than
twice the population OF Europe. Mr. Walker
sats: II ss vel cultivated a. ENGLAND II
eou'a much more than feed and olothe The who'll
pogulat'on OF the world. II as denselv settl.s
As ENs iana, our population would be more than
'"eiFe hundred mliOus-exceeed,r thst - m
'he earth Il as densely settled a. Msssschu.
setts lsmons the least fer,il- Of al our StstesN
We would number SIS GOO 0OD iuhabitasts"
We have maritime coast line OF {. l20 miles
or, We count I'll The fluctuations. OF IS 6es
miles. The Mississippi and its t,ibuts.i.s -.
a shore lne, shove tidewater. of as ga, -
and our entire shore and coast line MOI, 80
nail OF which Is navigable bv ste.n, oo,a,s
up l22,ss miles. mo country" ss,s NJ
AiAer, whose figures We are quoting. is arta.
ria zed 10y such a vast system oi uavirshie ,iv.-s
on which is already employed an interior stream
o ionusge exceeding that OF al the rest oi The
world Europe can never have such chean Va
Ter transportation as We eijoy. I've have
more deep, capaciOus, sale hai bors accessible Il
q" udes than all Europe :" We have more timber
man al Europe; We have nearly SIX thousand
n'ies OF canals completed; have built Stree lss9
SS,hSS mikes Of raIlroad-more than all the ,.s,
Of the world; have more miles Of tele,,,,h b.-.
Ia operation than al the rest Of the world W.
have more lighthouses on our coast ths, snx
Dther country boasts and as Mr. Walk -
marks, writing Tor Englishmen, We charge no
ighl dues.
rinaHy. We have greater extent Of mineral
deposits than all Europe Our coal fields are of
u"ty Two times greater extent than those O
Angand, Ireland and Scotland; our cold fields
ire the richest la the world. aud the newly dis.
.oVered deposits are declared TO be "ine1haust-
ble - Ne have also fh- rlt.vt tsiuts IN
nc "orIG and besides these, iron In the er..,
st Abundance Of the best qualities-a~ We hsve
isco'ered since the war broke out the great
s' copper mines known; as also one OF th.
No great quicksilver mines which supply the
'o'lu- Ihe mines OF the precious metals are
cary aI on government lands and their v,lne
) 20 great that with them alone we could nav
ur public debt
More than thls-and 10 give value TO all these
iemeuts oil prosperity-we have abundance Of
heap and fertile lands, which invite th. moor Of
il countries 10 our shores; We have schools .v-
~ here TO educate their children and make If
lem Industrious aud intelligent citizens. W.
Her liberty aud equal rights 10 all who come
10 the temptation is 80 great the industrious
oor oi Europe are pouring 10 our shores by
lousands, IN the midst OF civil war. Such i'm
iigration, as Mr.. Walker remarks. il aupmented
opulaton and he shows that assuming the
aue oi the labor OF each man, woman and child
, be but SloO-ODe third OF wnat Il il In NJ
ichusel's-t would make in ten years. we
'ceive 200 600 enigrants 10 each wear. an aeon.
nIated gain OF over 81 900. .OO0. 600.
There are no signs Of bankruptcy here: the
'sets are SO enormously greater ihan the habiH.
%, that only a oo"aru Vr rogue could sci.
usy '4'A oi impending failure; AID though IN
al hands, IN the hands Of unGitbful stewa,ss
Us vast property migat be injured, and the fair
aihe OF the great i'm which owns il stained
ere Is no danger OF such misfortunes while tie
ls'ness managers are true TO the princ,rles un-
! which The business was founded - E,e.,,,,,
0a. 'y