National opinion. [volume] (Bradford, Vt.) 1865-1874, 1867-10-04
Exports of Gold.

some OF the newspapers are max
ing a great ado about the quantity
OF gold which is being exported now.
a-days, thinking that if it is not
stopped soon that the country will
ruined. Colds one of the products
OF the earth in this country, which
we exchange with other countries
for their products. If we import
tea we must pay specie ror it, as a
general thing. The gold is dug out
of the earth and sent to those coun.
tries where we buy commodities
which we arc supposed to beiE want
OF. We also send cotton, tobacco,
wheat, rice, corn, flour, meal, beef,
pork, petroleum, buttelg cheese. lum-
ber, agricultural implements, and
many other things which we have
not time TO enumerate, of which
manufactures iron, wood, cotton,
copper, &C., form a considerable
part; and if we have not enough of
these to pay for articles Imported
we send another article, viz: Gold.
According to the July record of
the Bureau Of Statistics, at Wash
ington, the yalne of the products
exported wIs$l43, ,3o3,25S. for the
four months ending May 81, 1867
of which only 9l9, ,42S, lJl W ere OF
gold and silver.
This is the work of only four
months. at dull time Of the year
When the crops Of this year have
been secured there, will we think, be
a large surplus left to send abroad
that viii cause the balance Of trade
to be iii our favor; and then the
gold will return 10 na, except per
hapS. the large alnount whicn goes
out to pay the interest of the gov
ernment IN Europe Of which very
little is said by those journals who
howl about the expectation of gold
as though it was a dead loss to the
country.
If, however. that gold never comes
back, more will be produced for use
IN business transactions. 1t is not
our gold now-we have received the
value of it in something else and We
have no claim to il, and it is not ez-
pected by reasonable men that we
can keep all our gold at home when
we cannot purchase all we want from
foreign nations with other articles of
trade. If we can buy articles which
are not produced in this country By
paying tor them in gold, we ought
to consider ourselves fortunate III
having gold to send to n country
which does not produce it, that we
may obtain articles for use from
that country which we do not pro
duce. Other nations have no want,
for the time being, of our other pro
ductions, and it we will have theirs,
we must make upthe balance in gold;
and although We may then have less
gold we shall not have less wealth,
for we received the value OF the gold
before we parted with it.
Those who most stand in dread of
deficit in the precious metals are
they who produce nothing-sueh as
stock brokers'. spectators in 'calam-
tiles, Of all kinds. including droop
ing railroad aud mining scrip,
schemes of great certainty of profit,
which is sure to accrue at q future
day not far off, according to their
opinion: and others who II a We
bought more real estate than they
can hold without shining to raise
money to pay the interest on their
mortgages. These folks depend
much on discounts at the banks and
other peoples endorsements and
/ they we'll know that while there Is
an abundance Of gold i'll the country
there will be also an abundance of
aper money, and that they can oh.
/ tam sufficient Of the circulating ne
dunn to keep them III good condition
until they can get rid of some OF the
'calamities' they possess, torat least
the cost price and 50 they flourish
/ in showers OF paper money which
has foundation partly OF gold. like
I SDlllt nov clS NliNh tI' ipuitN' VA
fact
They care not whether all the nee
eSsUies OF life rise in price TO IA
height far above the reach of the
toiling million, if they can get the dis
counts they are always i'll need OF,
but which they could not get II the
banks were not able to be indulgent
to them and make money easy and
So when gold is exported they snake
in their shoes and cry out ruin
without once thinking that trade
will regulate itself, like the tide i'll
its cbb aud flow, aud that gold comes
and goes like other articles Of mer
ehandise. In all large cities theso
men are numerous and they have
great influence with the conductors
of newspapers much more, indeed,
than they ought to haze, and hence
these selfish cries are echoed ny 'ho
presS.--Erchdage.
! PARLoR MAGIC The St,ing Truck.
, This is very simple, stu great
. many people can't sec through IT, =
Fake four pieces of fine string, OF
, equal length, each having two ends:
: TIE knots on the left ends, and
! .-. ....,,n, thrnnul. nnnn