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The balance of trade against China was the principal cause of the export of silver, and the balance of trade was only against China through the increasing import of opium.
In 1336 the followers of Philip VI. persuaded Louis of Flanders to arrest the English merchants then in Flanders; whereupon Edward retaliated by stopping the export of wool, and Jacquemart van Arteveldt of Ghent, then at the beginning of his power, persuaded the Flemish cities to throw off all allegiance to their French-loving Count, and to place themselves under the protection of Edward.
It is true that all goods imported into the South River from abroad had to pay not only import but also export duties, but those bought in New York, or from the merchants there on their own account, pay little or no export duty. And it would appear as if the whole of the proceedings with Carteret and him were founded in this, if they have no higher cause.
For his mother, with unnatural perversity, loved him best of all her children, and made a perpetual fuss over him would let him do anything undisturbed, and would burst into tears when his fretting drove Jurgis wild. And now he died. Perhaps it was the smoked sausage he had eaten that morning which may have been made out of some of the tubercular pork that was condemned as unfit for export.
A special session of the Senate was summoned in June, 1795. and with great difficulty the necessary two-thirds majority was obtained. The twelfth article, containing the West India and the export clauses, was particularly objectionable, and the Senate struck it out.
To the demand that the Company should bind itself to export annually two hundred thousand pounds' worth of English manufactures he very properly replied that the Company would most gladly export two millions' worth if the market required such a supply, and that, if the market were overstocked, it would be mere folly to send good cloth half round the world to be eaten by white ants.
The tribute, subsidy, or remittance, is always in goods; for, unless the country possesses mines of the precious metals, and numbers those metals among its regular articles of export, it cannot go on, year after year, parting with them, and never receiving them back.
New Orleans rose from the eleventh to the second export city in the country. Consequently there was a great increase in the number of lines of ships going there, and in their tonnage. And as a result of that there was a rapid increase in railway facilities.
Some silver mines near San Antonio, about forty miles south, are worked, and produce well. La Paz may export one hundred thousand dollars a-year of platapina. Gold-dust and virgin gold are brought to La Paz. The copper and lead mines are numerous and rich. To the north of La Paz are numerous safe and good harbours.
For the same reason, if a demand exist abroad for sugar and coffee, whatever amount of those articles might exist in the country, beyond the wants of its own consumption, would be sent abroad to meet that demand. Besides, Sir, how should it ever occur to anybody, that we should continue to export gold and silver, if we did not continue to import them also?
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