, 1870-12-13
i; ;0NETaRY and COM AIMERClAL.


Statistics, which states the production OF gold
aud silver in the United States and Territozies
dent that large proportion oi tic so,.aued
;. official statistics, got up 1t yast expense BY
the government. arc exit en- sJy unreliab1e, a.
viii Be eeeu By the fol!owiag fguros, complied
from The reports Of the Bareau OF Statistics,
eho wing the import Aud export movements Of
specie 1t all the ports Of the United States, for
nlrcteen month";, beginning with January l,
1859, and ending with July 81. 1870:
TosaI export Of PRECIOUS metals in bull
lon and coin during Iss9: 9:.;.:..-;..a 81, 100000
1osni e1osa & ~ OF pr p1esssaa en1s ~ Gn
yriy Il is;o.'. So ~ ss.sa ..ou..s. s4 20 GAG 80
Tota. for 10 months ..........,....:. 1882
Toial inlorts of foreign Fpeee IN 1880 ss,sia.0o0
Total imports ot foselsn srtctc IN seven
non'ts eno'nS 'as 81 1902 .le''sdTo''
Tom, for 10 r,on,bs- - m, .sa
Set esntts Of specie II, nrcteen nnontnsSs 94 "a
Nov. IL IN ouita evident that Il both Tho Cnrn-
miss:oper OF Atipins S,nti.tics and tha Bureau
OF Statistics at Washington ne correct. the
urcduction OF nrecioua metals. At The rare Of
eg5OO, 600 pef annuu e,1ce J,nu1Iv /. 1855.
would have made m ircrea9e OF 755. GOO. 0i,0 Of
rotd mil silver in the cnunfry dnrinF fila list
innate en rnnntts. To those who aT6 in nosi-
linn. ia knnw. Il mnat he .unarenf th.t thaTa
1sn haan ~ snrh ;nrra.sa TLa Trs..r- 80 ~
tSe f1ri:ea % ststss Io,dr st lasst n;nestsnths
OF all the coined apeete in the States
east Of the longitude Of Omaha. and get the
ber Il. I'D the aserace con bslsnce dns1nr
Tie present sdninisifation has been but Z
little orer a10o O0O. 0O0. Or lust sbout the aaJne
AZ for tho la. four seare. As for the country
west of Omaha, It Il quite apparent that. in
the present depressed condition Of tbs tT.de
IN fhe Pacifc coset. tIero canunt ha ,nnch
more @ &c CON ID circulation in tho Who1e county 1
in uuestion thau there was two years
aro. No Increase Of coin IN circujation
nor aceumaIatiops OF bullion anywhere
ia tho United States can be pointed
ont that, altogether, will secount for
one. .sifh or 40 crest III Increase a fndicated
eioner Of Mining Statistics with those Of the
Iurean 1t Washington. and the couclusion "a
unavoidable that ono OF the other Is grossly
c4roneous. The Bureau OF Stattkticr ri y asif-
itgtsn have the best facilities for being cor
reer, because their figures are compiled from
tic Cuttoms repcrts, in which the exports
1 and imports Of precious metals are couuted
| at the national toll gates through which ev-
| e1ytbinE must come in and 50 out The Ed
yia.ring and NfssnF journal Of New York.
~Licl c1itictses our turner showing Of this
sEtat oi;crepsncr bssween the two sets Of
"1nt hundred thousand travellers rho len this
6ant55 !of tose,an p3Hs aaIinx SOY. may asss
- ~ rspn,t - ~ rasnrx H1rcsn M .nst
ii lie siteSpfs TO c,pber bacs war n lis var q
the hutton product oi The Tilted states are 10.
scra1 .,,, =,
,Esn the supposition Of the Aiaing Joarna.
that the hundred thousand Intelligent
travellers going to Europe, who know the,l
own rights, should conceal more specie thar
the four hundred thousand timid Immigrant
who had learned BY every report
who had preceded them, that It was the Gus
| tom in New York to tax immigrants 1t le2s