The Manchester journal. [volume] (Manchester, Vt.) 1861-current, 1890-09-11
Engli.hmaa. E.timate.

Az Eaglishman 10 a recent number q
the london Financial Times draws the FOL
losing picture Of Americas prosperity.
The Americans are now engaged on .
/ census which is 10 be. like most other
| AmefIcsn institutions, phenomenal. i,
vii lick creation all ronnd. and prove the
I Americans TO be not only the greatest na-
tion on The face OF The earth. but the IN ost
favored Of Providence and the worthless,
Of it. 10 miaing. manufacturing and
money masking y, large, Jonathan is TO
walk away from oil Of Us.
In The early stages o! civilization nations
may be well "a ani eyen prosperous, in a
/ pa ii fsl ~ WY, bnt they are not wealth
produce. Ia nc ssme seuse as more yisor
Gus taaallhs SIC whic, utilize ereaiiyely
al tie Boaer Of nature and art which M =
I bs at their command. The latter only st e
b fore them certain opportunities Of pro
daein3 4 tBay he cereals Or metals or
manufactures aud they throw all their
energy into the work Of production and
Distributes. Every year bcd almost every
day OF their lives they gro@ richer, be-
cause they create more than they con.
sumo
There are among ourselves specific in
duclre, ike the cotton trade OF Lanca.
Shire on the eoolep trade of Yorkshire
v hich cap anything Of The same kind in
America; but in all'rouud industrial acti-
WITTY, producing 10 excess OF local require
meuts. aud laying up steadily growing re
serves OF industrial power, the New World
has shot ahead OF the Old. The United
States alone is the chief contributor to
most of the staple commodities OF interna
tional commerce. 1t raised 10 1856 GER
calls to the value Of llGl million dollars.
more than double the production Of the
whole British Empire which estimated at
457 million dollarp.
TIE Industrial contest between the Old
World end the New IS 20, only becoming
keener every year, but \ is spreading TO
fresh channels. After the wheat growers,
the beef growers had their turn; the fruit
growers aud dairymen ere now having
theirs, and very coon the vine growers OF
Francs and Span will fell the food rising
round them. The vineyards of California
and the South are as yet mere expert
ments. but they produce millions Of gal
Ions of wine. which only needs good hand
ling 10 make 1t salable anywhere.
So far, We have dealt simply with Amer
loan agriculture, and then only with its
staple products, The mineral wealth OF
the continent has yet to be surveyed, and
it, IN its turn, hiss to be gauged by stupeI-
dous figures. The newly published re
port Of the United States Geological Sur
Yey on the Mineral Resources of the Repub
lie gives carefully colIated details of min
ing add allied industries, which. 10 1856,
contributed over 465 million dollars, to
the wealth Of the country. These, be it
remembered, were oil raw products esti
mated at their stop values" that is, in
the place of production. Finally distri
buted aud worked up into manufacturer
goods they might be worth 2000 millions
dollars.
While British readers have been scan
ming these figures they may all the while
have soolhed their patriotic pride With the
reflection that there Ia still one staple in
which the Old World holds its Own. The
Americans may get ahead Of us in second
airy things, like pork and lager beer, but
they caUHot touch the back bone Of our ia
iioppl Industries = iron aud steel. Alasl
even that they have done, and are still do
ing. 4 year ago Great Britain was, for
the fret time in its history, beaten as q
a producer OF steel and Of rolled iron in |
both cases by the United States The lat |
ter turned out 5G3 600 tons OF steel. |
gains' our | 1854 900 tons, and 5000, 900 |
tons Of rolled ron. against our l,6l7. 900 |
tons, Oar supremacy survived only in |
one leading branch OF the trade pig iron.
fher. tie Americans failed to overtske us,
but they made a long stride upward. Our
total out turn Of $4,000 tons they close
y matched With 5.6S3, 900 tons. 10 the
clrrent year We may see our long start OF
over century completely wiped out.