The Stark County Democrat. [volume] (Canton, Ohio) 1833-1912, 1875-09-02
Total.-.................S999. .Ol5,Ol7

AN'NA''''''''''''''''''N'SS
The exports from New York alone
have fallen off more than forty.seven
millions of dollars. The price of gold
one year ago was ITO. 1t has been within
two months III. is now ia.
The expectation of gold last year was
$50 0739 l26. The expectation this year
had been, up to July, SS5,5O7 All, an in
crease of more than thirty-four millions.
The premium has fluctuated seven per
cent within year-more than three per
cent within a month. The supply has
varied in the Cincinnati banks from
$353,000 to $27, 900. The Cincinnati Ga
zette said two monthsagu:
Business is very dull in New York;
There are more empty stores on Broad1
way than have been known for years
past, and even the Commissioners of EnIt
| igration are suffering from the prevailing
torpor. The number of immigrants who
have arrived here during the last six
months is 50,506, falling off of 23,662
from the corresponding period of last
year." {
Since then, during the month of July
alone, the falling off has been 500. |
am indebted to the New York World for
the following table showing the decrease
of the exports of four important branches
of manufacture in the four years, 1S7l-7i
inclusive, as compared with 1867 in.
elusive:
Carriages and parts thereof, S272OSSs Sl,7il, ,489
| Manufactures, copper and
iron. n..........",""...."..."" 5,SO56+5 1857, $50
Manufactures, cottOn.."".... SlOlS6IO ll9O5,SSi
| India rubber..'."....","."" l,369559 Sg0,S3i
sn.407Ol sl79O5,gs7
And for this statement "At no time
during the history of the Republic was
industry as low as it is now; were lso
many hard-working, laboring men ahd
artisans eating no bread but the better
bread of charity or credit"
That is literally true. Labor is suffer-
ing rs it has never suffered. Every kind
of business is stagnated as it was never
before The cotton mills of Massachu-
sets have ceased running and thrown
their operatives out of employment. The
manufactures of Ohio, with rare excep-
tions, are silent. The mining districts of
Southern Ohio are gorged with iron
which owners cannot sell, and the fur
naCes and mills are running on half time
| or not at all. There is more land for
sale on execution in Ohio than ever be.
fore, and it is rarely sold except on a sec
ond appraisement, after being twice
| offered without bidderl.
The Bank ofCalilurna suspended pay
ments yesterday, and closed its doors,
never to be reopened. Its assets aresix
millions, its liabilities are fourteen mil
lions sterling. The sugar dealing firm of
Ahrens & Go. suspended Yesterday. 1t
had done business of $47,O00,000. Its
liabilities are $500, 900; its assets ure, not
known. And from all quarters comes
the same wailing cry of shrinkage in
values, falling Off of prices, diminish, ed
sales, difficulty of exchanging into mon.
ey. The customs revenue has fallen from
$2l6,O 100000 in 1872 to $lS3,0OO 900 in
1873, and to $l83,0O0,000 in 1874, and to
meet an expected deficiency thirty-fve
millions additional taxes were levied.
The tax on whisky was increased twenty
cents gallon; on tobacco four cents a
pound; ON sugar twenty-five per cent,
And | see the Treasury Department
taxes great credit to itself that it has been
able to get along with this. Aud during
this month Of August the Government of
the United States has received draft of