Perrysburg journal. (Perrysburg, Wood Co., O. [Ohio]) 186?-1965, 1878-12-13
More Pleasant Figures 10 Read.


ave owe a Ihousond Million Dollars to
forcign countries for money borrowed to
carry on the war, to build railroads, and
for articles imported for use and consump-
ton here" was the statement only three or
four years ago, and the actual amount Of
Indebtedness was even greater. At least
sixty million dollars had to be sent abroad
each year, to pay the interest on this sum.
What more pleasant reading, than to learn
that, while supporting ourselves, and even
reducing the aggregate of home indebted
ness, individual municipal, and national,
our people are rapidly wiping out this for
eign debt by economy in luxuries and the
expense of living, nndAhy producing more
and more to send to other ands-by increas-
ed effort, by developing the agricultural
resources OF our great country, and bv the
blessing of Providence in giving us mag
nifcent crOps...... In the american AgricuI-
t,uist for September, we showed that during
the year ending July lst, our country ex.
ported OF its products S26l ,744, $40 more
than we imported; in two years, an excess
Of S42S, ,2S4 ,596; and in five years ,$657,
Els, ,495. In our October number, we pre-
sentcd the figures showing that from Aug.
1876, to Aug. 1878, we had reduced our Ma
lional interest bearing debt SSH $50 ,395;
or from 2,3Sl $50, ,29l, to 81 800 677 900,
and our annual interest payment IN the
same time, from S150,977 ,69S to sos, ,lSl,
007, an annual saving of nearly $4,000,
900; and our annual taxation from S4SS.
274, ,465 to S240, 753, ,305, or more than half.
The good work still goes on; our former
i.ules were made up to June 80. We now
have the official statistics to Oct 1st. Ex-
elusive OF spcic, the exports during Septem-
her were S57 4,S0S, and the imports only
S37 ,399, ,54l, a gain during the month of
over Twenty Million Dollars $50, ,525, ,267)
The total exports from January lst to Oc-
tober lst, lS7S,were S533,729, I1S; the i'm
ports during the same time, were only S324
59S.63l, gain in months of S20S, sos,
527. At the same time, the large products
of our gold and silver mines are being re-
tanned in the country, by so much not on
ly increasing our solid wealth, but adding
10 the reserve for resumption of specie
payments. The yield of the mines for our
last fiscal yenr was about S94000,000, or
SAG, ,226, LOG of Gold and S46,726,2l4 of
Silver. about S2.500.0 600 Of gold and So
| 000, 900 silver are consumed in the arts and
manufactures. The total stock of gold
aud silvsr in the country July l was esti-
mated at 1892, 443, ,947, an increase of about
| 800, 100000 during the year, to which S26,
| 600 900 was added from the mines from
| July lst to October lst) The uu official
| reports show that the gain is stil going ON, ,
| though temporarily lessened little in Oc-
! tober hy tho Scotch Bank failure and con-
sequent financial disturbances in Grent
Britain, which, for tIleitime peing, checked
orders for breadstuiiS. The business il re-
Viyimg again now Great Britain has still
| large requirements for breadsufTs, with ex.
lraordinary small supplies to come from
| Hungary. India. Australia. From Jan.
to Sept. 81 British India exported only
l,l93, 706 bushels OF wheat against l0,4S5
l55 bushels in the same time last year
France is also large buyer this year, her
imports of wheat during September alone
heing 1850, $50 bushels this year, against
638,92i bushels last year The cotton crnl
ID the largest ever pro lueed inthis country
aud despite the relardaion by yellow fever
when has now hal lily disappcard, the ex
ports in len weeks from Sept. were ihi,
year 4g3,SS7 bales against 34l ISL bale,
during the same period in 1877.
Surly there is u hopeiul ullonk for al
classes While very high prices for eou
and wheat can not he expected, Il Is sai H.
factory tn learn that there will be a demanG
at some price, for all the immense prudnch
Of the past two harveSts. 80 that the country
will be cleared and demand exist for tn,
next years harvest. Our agricultural rer,
ders can with hope aud confidence lay ou
their plans, during these leisure winter
days. iGF putting IN good area Of srrinl
crops. Let them not forget that the hes
paying crops are those IN which Tie larges
Weld il obtained from the smallest area
We will do our share in showing how this
ia To be accomplished.-Ameyiean Ag'ieui
mrs, for December.