The day book. [volume] (Norfolk, Va.) 1857-1867, 1866-06-20
English SpecuIations Upon the Effects
OF German Wharf.-The North and
the South.


ulstions, on the effect of German war on
English trade and finance We have charac-
terized the reflections as suggestive, because
some Of tho conclusions, may be made appli-
cable to the condition to which the radical
party is unwisely seeking to reduce one of the
most productive portions of the United
Statss-now denied representation in the
councils of the "nation."
But of this, hereafter The Daily News,
informs US that the commercial relations of
England with Germany have been steadily
increasing, until they include an important
part of the export trade of England. From
this fact, is inferred by the News, that, what
ever drawbacks Germany proper may expe-
rience, will, therefore, react upon the prosperi-
ty of England; because, according to the COM
mercial theory of the News, the well-being Of
one nation, is intimately connected with that
Of another. holding as it does, what we are
not prepared unqualifsdly to admit, that trade
is an operation equally beneficial to both buyer
and seller The contrary theory, that one.
side is the gamer at the expense of the other,
which it says almost invariably prevails, is
that which superinduces, or leads to the sys-
tenn Of protection, monopolies, bounties, and
so forth. A war in Central Europe, will in
evitably produce, says the News compare
tive cessation of the demand for English ex-
ports, from some of the most wealthy and en-
serprising communities of the globe; and, in
like degree, their powers of supplying En-
gland with those commodities which she re-
eeives from them in return, OF exchange, will
be properdonately diminished. 1t says, no
nation can permanently gain by the CONNER
cial misfortunes of another; little Temporal
~ benefit may be obtained, but, at the cost
Of much future and substantial profit
Granted that for time, England secures a
practical monopoly of foreign markets, she
gets it only by losing some of her best custo-
mers, and in the long run, the seeming adj
vantage, will not be worth the having The
dogma which it then asserts. is, that, it is one
Of the greatest blessings of free commercial
intercourse, both in moral and material
sense, that nation is thereby compelled to
recognize the fact, that its own prosperity is
iDserarabls from that Of its neighbors. And
this Ia that portion Of the article which We
regard as suggestive Of reflections upon the
present political war. row waged BY violent
fadicalism, agant tne south.
These ultra men have excluded from their
estimates the great underlying fact that the
r4olrx..ry If the North is inseparable from
that of the South, and that like the members
Of the human frame, when one suffers, all
suffer with it.
Look at the territory of the Southern
States. Is the South So utterly worthless as
an element in the prosperity of the country,
that its consideration is to be regarded as
matter of no moment, by those who have al
ready excluded her from representation, and
are now making every effort to impose upon
her their own political views Of the franchise?
Are her 5000 miles of coast, her $50 900
square miles of productive soil, whose centre
is watered by the great Mississippi, equal in
extent to Great Britain. France, Austria,
Prussia, and Spain, a consideration of no mo-
ment7 Is the North in a condition and pre-
pared to do without her great staple produc-
tons, upon which, civilized commerceis ba ed?
Are the $1,000 square miles of alluvial lands
Of the Mississippi-and the 100000 acres of
additional sugar lands which may be brought
under cultivation, of no moment? From the
report of Major General A. A. HUMPHREYS
to the Secretary of War, he states that by
proper improvement of the levees, there would
be 100000 of acres of cultivated land capa-
bic of growing bale of cotton to the acre,
or about double the cotton cropin the Uni
ted States in 1850. .e..ae.
Before the war did the South suffer by
comparison with the North in the productive
ability, and wealth of the country--and if
not, the question may be repeated, is the
North prepared to sanction the political course
Of q party, which would depress the South in
her productive power, as we'll as in political
equality ,.....- .......
Let us see what the vilifed South has done.
From condensed data before MS, We extract
the following statistical facts
She produced $5eO,ooO,oOo agricultural
products Each of her inhabitants of all
classes produced $3.50 more than each i'm
dividual of the North, her average agricutu-
raj production being to each person $5s,
shat of the North S44 70, The population Of
the United States at the period to which re-
ference is made, was 23,l91,s7e, giving the
average production by each person 5000.