The New York herald., 1864-10-28


RATE or IycrEAsx.
v..,,, ,u,. ..ds Isss,es os, psm z" ~ Dss q;
June Il to August so. los o3s,9s8 so 2iol slo
August 70 september 30 issssi '5s4 IS a,2i5,soo
EHB LITTLE JEW BsNJAxN's cIRcuLAR-KxBEL
ANXIETY FOR rHe SAFETY or EUROPEAN cAPI-
fFrsm the Richmond sentlneLl
Tho reader win hnd below very interesting state.
addressed to our agents abroad py the Secretary
srsamen. he addresses 70 sbe capitalists o EUROPE ia
basea' the ocsi exhibits q ibs Wasarssou govern.
mens though these are for from presenting the isi
The money lenders OF Europe, BY making themselves
selves, ia ths light OF Nv Fspjsn,ss s.ros,iop upder
mining their own investments.
PRsLUDE sEsJAnIx's soNo.
[The foiowng article the subject OF United States
finances is taken from the Richmosd Wig Of October a.
received day earlier than Mr.. Beoiamn's circular but
owing 10 the crowded state Of columns omitted in
yesterdays edition. appears have been dictated by
the circular Of the rebel secrsary.-Ep HKRALp.1
The National Almanac, published in PHILADELPHIA est
mates the vaine OF the property OF Great Britain and Ire
Of dsrs and rsotion ana ~, ~ ns
can states at fraction less than thirteen thousand mil
lions As the debt Of the former about four thousand
mlions about eighth and the debt of the latter
alleged 10 be at that time October 1889 about twelve
hundred and twenty-five millions or one ninth the
their debt Yankees can bear theirs There might Ss
some reason in this argument, IL all things equal
without which argument worth breath expended
in uttering IL the British government we're 10 Ing on
daily In Increasing their enormous debt at the rate
might me analogy between the two cases Pu hs
fact is directly the reverse The pritsh government so
far from adding the already load OF debs
under which the country groanng reducing II every
year; slowly II may be- and almost imperceptbly, but
reducing tnevertheess instead OF adding H. ON the
hun n to no tha
nave Just said, Of two millions and quarter Ter
diem, Or abon, eish, hundred millions year Already
for the thirteen hundred millions Almanac was cst
mated as we have said as oi ocobero Of last year. and
eight hundred millions have been ad6e to II since that
time. When the ackpow ledgcd debt speak OF
that which has been audited and confessed onca
however that not than half the debt exists 10
this form What IL would be the war wore TO continue
through Lincon's second ,ern figures would hardly emu
merate nor the human mind conceive.
There is one very important item IN the account which
government pays three per on It's debt that is QUE
dollar for every thirty.threc and a third, whie the
fourteen nearly While the sum, Therefore rsI N 10
erest by the government Of Great Britain Is about
hundred 0n, per aanS% AN sas paid BY The United
10 one hundred and iorty millions Provided princi
pal or debt be not called for IS matter OF very tte
consequence how large itmay bo, largo or small the
he dsa of as 6ns,d saes ' IS ai,eary "a - arr ,sT
than Gat or G,eat Britain. In proportion to
the value u the real and personal property OF enler
il 10 larger st. Tho debt of Great Britain Il about
ono eighth par. OF tho yane OF the property real aud
PERSONAL and Is constantly decreasing The debt e the
United states s already one seventh ana is constantly
increasing The value OF property, real aud ,psrsoua
s constantly the rise iD Great Britain. In 1915 the
value OF landed and ether property Great Britain aud
Ireland estimated at CO. 900 0cO or about thir
teen thpussnd seven hundred rons " dollars inorc
by fifteen hundred Millions than the estimate Iui by
the almanac upon the vaue OF the real and peTs hal
esate OF the "oyaln statcs. In forty niue years
has increased 10 thirty brce miliors--,hat ia TO say,
has increased nearly At the rate OF four per cen, pcr
RAPID scale of ascension for an old country
We are pretty certain that tho average increase Of value
10 the ted states docs not approach this figure
let Us test IL by another experiment In 1915 when
we have seen that The values In Great Britain approx
mated the rrcser values IN the United states the income
arising from agriculture was, In round numbers Two
hundred aud seventeen millions OF pounds sterling or
about Thousand millions OF dollars The income
log nom all other sources, ~ manufactures, mines,
banks joint stock csnppanes Nc was in round nam.
bcrs abcut two burdred and 6feen millions pounds or
a1a'a about Thousand mIioDs OF dollars. The whole
millions Of dollars ~ course must be vastly greater
row, when the value Of the property from which II 10
;Sas1sa has ascsnded Pom .hlrtesn - thirty three
cannot lali lar sbWt of ave thousand millions Of dol
lars IN the same ratio, she real and personal property
seases %ss pe a. y ~ y'a y. SoI ~ ss
when you talk about . capacity 70 stand tax,
Won must sek about bh Income. The income OF the
@ wno.s ss,on only aeoss three umss ~ psas as soe
While erss, Br,iain wac Accommodating her enormous
DEBT naaEng ber taste iov foreign wars she was,
~ tnc same ume, Mslng her people heavily The deot
represents her surpus expenditure after all that was
rssed by taxation hsd been spent In year, 1915,
5000 900 600 by tssasioo s there was an sxcess Of
0eo (os e2o0 0000O) year. aud that she
ra'.eo oy loan Nov tbc Yankees have raised nothing
~ enee nae been nothing but loan, iosu loan, from
ths sseinnse fAev resources Aavs hes wondersd al.
1nefv nssAssV snderf~l abssA the mdiey has been
81 ssrTeg won fo,'.oSs sapa. osas "a, ben scsd
~ kessurds vos Grsot faaNsfsr lAai Il 10 Ne Wn,