The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1894-01-02

ton:
The census tables show that our ma
tional veal h lin millions) has been as
follows:
Property True Untaoed Total
ASSESSED Ualue property '0eaHh
millions. millions. millions Mullins
1s5o...... 6.O24 $z135 s6.417 slS,SS2
i isso....... 21sss 3s,5S5 8O,s7S $50
Our national wealth doubled in the
ten free trade" years 1850 to 1860. 1t
has taken exactly thirty years OF pro-
lection since 1860 to double our national
wealth.
But the per capita wealth tells still
more startling story:
---Per capitd---
assessed True vatae
for Of s.,a 1 UntGrsd , 10TH
] SIS IS S. ST 81 81 & s. s.
While our wealth per head nearly
doubled with the ten fat years between
1850 and 1860, increasing at the rate
of $40 yearly, it has only increased at
the rate of 20 cents yearly in the past
thirty lean years.
Take some of the minor divisions
that make up our national wealth:
Value of farms, 1850. 3,271, SIS, 421
Value of farms, 1860. 6,645, ,045, O0I
Value Of farms, 1880. u, 1?I09S,1 76
4Incresse 1891 1921 TO to isS9 3 aey7s s
Yearly Increase, 1850 to 1880. SS7.s46,95S
Yearly increase, 1860 TO 1880. 111,602,5SS
Per cent. increase, 1850 to 1850.
Per cent increase, 1860 to 1880. 212
IN these twenty years the population
more than doubled.
Turn to the census and study our
manufactures:
1850. 1860 1880.
Capital invested.
5SS,245,S5l 81 009- $50, lis s., 5O.272,6O6
124o25 i4o.4S8 25s,S58
5 236, 755, 464 S37SS7S, 966 S947, 953. 1876
lms1Os.6ls si,sS5 $3.50 s5.86s.E7s.lsl
957O5s ''' 1,811.2i6 2.782.595
Less than one-third of the manufac-
turing workers are in protected in
dustries. The highest estimate of 1886
was 9O5,OO0 out OF the 100000 work
ers.
The capital engaged in manufacture
ing very nearly doubled in the ten fat
little more than doubled in the sue
ceeding twenty lean years.
Our foreign commerce tells the same
tale. These are our exports of mer-
chandise, excluding gold and silver:
asos a@ SO int So rs Eaited sta sss4ss
Exports FROM the United States.
154.9oO,2S5 423 S45, 29S, sos
T9nRase of Unjtsa 5 So States vessels Is .qz
United States tonnage in foreign trade.
1.4S9,694 2,379,S96 92S O62
In the ten fat years between 1850 and
1860 our exports increased 135 per cent.
In the thirty lean years between 1860
and 1890 our exports increased only 167
per cent While they much more than
doubled between 1850 and 1860, it was
not until 1879 that they barely doubled
again.
The average value of our improved
land was 81 per acre in 1850 and SIG
in 1860, an increase in the ten years of
IS, or As per cent in the decade. It's
value was S19 per acre in 1880, an in
crease of So in twenty years. or 9 per
cent. each decade. Before 1860 the an
nual increase in value per acre was so
cents. Since 1860 it has been only Is
cents yearly.
The average value of each farm in
1850 was 81 25S; in 1860 it was S3.251; in
tween 1850 and 1860 was 1898. The de-
crease between 1860 and 1880 was S6S2
The average value of farm land per
inhabitant in 1850 was $l42 1t in
creased to $211 in 1860 and declined to
$203 in 1880.
The total acreage in farms at the
three different periods was as follows:
29S.560.s14 407. 2i2 53S 5S6. OSl. Ss5
Increase -.-.-..-.--.. 1l3,65l,924 lbs, $50, 297
Yearly increase ---..- u,S65lS2 CAB, 1853
With all the enormous railroad ex-
pansion and opening UP of new terri
tory between 1860 and 1880 farming
~
went into it.
In 1850 the acreage was 12.7 per in
habitant; in 1860 it had increased to
12.9. in 1880 it had decreased to 1917.
For clearness let these facts be ar
ranged in tabular form. For the
whole United States we have this re-
suit:
Average value of farms. s., 25S s8,25i s25ss
Per capita ................ 142 211 203
Imp'vd land per acre.. Il IS ~
Acreage per capita III 1873 10.7
Our agricultural wealth doubled in
the ten tat years, between 1850 and
1860; but it failed to double in the next
twenty lean years of protection. The
figures of 1890 may show that it has
doubled in thirty years.
1t is clear from this that Mr.. Paul
was right in saying that this country
had prospered under ten years of free
trade.
Mr.. Allen says. however. that there
occurred the greatest panic ever known
in 1857 under free trade. There was a
panic in 1857; but historians do not say
* was the greatest. They say the pan
ic Of 1873 was the most disastrous the
country ever experienced. 1t is the
historians and the census on one side
and Mr.. Allen on the other 1 do not
know anything about it myself, except
what 1 read in the authorities. for I
was not here in 1851
It may be true as Mr. Allen SAYS.
that there was no money in the ma
tional treasury in 1860. But there was
plenty OF it among the people as the
census figures Indicate But history is
silent as to the general bankruptcy of
1850 of which Mr.. Allen spoke, while
even the dry census grows eloquent in
its figures giving the unparalleled
growth of national wealth from 1850 to
1860. Indeed, one CT our greatest writ
ers has named this period because of
wonderful development, the golden era
Of the Republic
The Tribune and Mr. varian have
made great mistake in calling atten-