Telegram-herald., 1890-10-01

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Fr.s~>sis4.-Fhe~ ~As.z.z- esrs.as.sss's
EspL-1s>.s.
H1n- J4nss Buchanan. uasmher of
esa-ress from Hex Jersey has prizts.i
n tas Csasre-si.sn4i aseord - jay -
es.s ~ t1e bazt sEnt nlaet ouapFssennivs
.FgGnsnrs la dsEsnss n FTotscssa aaa
~ kas AekaIsF htil when has hisaert0
zppsassa- it eovsz rhs shcle 6alt =
e.lIh siiscs.saloR IL ras light * carrsns
eFsnEs- Ne RE-Senl tew exIracts from
e - foIiowzs
EFFEcT 90 rHz BHL
What eject VII thaa oill. 4 & Do
comes las. have apon the prosperity
81 Tia ooeatrys VII g adxAacr ~ ~
tsrf ssch Prospsrfss' 1aay sentienasn
have asuInsd, With great confidence. -
give fan and positive answers - this
qnestioa Bat when 80 ana thst rhese
answers dIffsr a. widely - '.yesF and
no cur eonhdsnce IA ths proof Is
shaken. AL cannor Do correct
Ny own luagzaenf. whatsoever that
may he worth. Is that the eject upon
the country II any snActnaeas npon any
financial. commercial or Industrial sub
Jet can never - accurately foretcld.
- many coa9itioa3 % tho problem e1-
lst. 50 maay c0ntin zencies are liable to
arisr, such unforeseen caaages in cir
cunstanoes may oocur, thaz results ace.
y calculated afpl cona.lsntly predicted
may utterly fail % materiaize. We can
only have a general judgment based
upon The experience q the past. ths
wants such experience has demonstrated
g exist. and the appareat adaptablhty
Of the bail 10 supply these wsnts. As
protective hnaa-
NArIOSAL GROwTH ~ TIE PAST.
Under that policy in the past we have
bal a. a nation wonderful prosperity
have here the Statistical Abstract Of
the United States fos the year 1850. It
"a complied by tho bGrela of statistics,
under the direction u the secretary OF
tho treasury. AMI It's figures are ofElcial
and accurate. From IL | gather these
figures.
In 1887 our national debt. less cash IN
the treasury and exclusive of accrued
interest. wa &. s.50s. Isl .2ii.s0. being
GO % q principal and es.si Of annual
interest charge 70 eaeh person. In 1889
it wss lon the same basis $0s5. so. $50 e2.
or fi5.le q principal and So cents an
nuai interest charge per pcrs,n.
In 1874 cur savings banks had
s.ef5. .0J5 deposltOrs. and 81 ,073. s04. .955 Of
a T. -. a
4.os1. .5s3. and the deposits 81 ,4s5. .280, SAC.
In 1880 we mined 20. 4si .4sG tons oi
coal: In lsS5 We mined f4e 03T. .T35 tons.
In 1870 we made i.c6J. ITO tons Of pig
iron: In 1888 We made 9. fS0. .7.S tons.
Our production os minerals. ranging al
the way from gold % building stone.
was in 1894. sGl3. .90i. rs. and in 1883 il
Was $59i .612. .-05.
In 1850 our exports Of domestic mer-
chandise were $3i6.2t9. as. IN 1859 they
had risen 70 s5s0. sS2. .609. In 1870 wa
made 553.5 tons OF iron and steel rails
IN 1885 We made .4oS, 500 tons. In 1889
We raised csc. f46. 900 bushels Of wheat
in 1888 We raised AIS. .s6e 900 bushels. In
1869 we produced sst. $50 900 bushels Of
corns IA 1888. /. .961, 80 090 bushels The
total tonnage entering our ports (sail
and steam was 5.00S, fs7 tons IN 1880
and IS. 95e. 10 IN 1888. OF this .s9f, ,f5s
tons in 1866 was american. and in 1881
5.794. s25 tons was American. In 1885
we had %. 4ss postofices. yielding q rev.
nue. q s.. SIS. .067. in 1850 we had IS, $50
yielding a revenue Of $50. 1851
In 1890 We had 00.655 miles OF railway
Ia the United States. in 1889 We had
t6i rs miles, and have been building ai
the rate Of about 5000 niles each year
for several years past. These roads rep
resent q total investment Of nearly
g.. 500. .00C 600. and their gross earnings
exceed f}5O. COO 600 In 1s7t-'72 the pub.
DC schools Of the country cost &10,s9l. i.
sT4. IN ie57-'eS the cost was Si22. .lJ5.
252. The total number of acres devoted
20 tho proluctoa of <rain was 6. .s33. ~
In 1867. and rs. .gsi eco in isSs. and tn,
s0tal prodrcs he'd risen from {. CO. .729. .s0i
bushels IN 1861 q 3.e09. IA. 600 bushel,
IN 1888. Tn t9sal nuaber Of farm ami
mails Ia 1857 AM in 1890 were.
seT~ fec0