Vietnam or Thailand ? Vote for the TOP Country of the Week !
Updated: May 4, 2025
Arguing thus, that if the exportations exceed importations, then the balance must be brought home in money, which, when our merchants know cannot be carried out again, they will forbear to bring home in money, but let it lie abroad for trade, or keepe in foreign banks: or if our importations exceed our exportations, then, to keepe credit, the merchants will and must find ways of carrying out money by stealth, which is a most easy thing to do, and is every where done; and therefore the law against it signifies nothing in the world.
But if our censor's remark under this head is intended for the present generation of Blacks, it is a pure and simple absurdity. What are we Negroes of the present day to be grateful for to the US, personified by Mr. Froude and the Colonial Office exportations? We really believe, from what we know of Englishmen, that very few indeed would regard Mr.
There was also granted, for twenty-one years, freedom from all subsidies in Virginia, and from all impositions on importations and exportations from or to any of the King's dominions, "except only the five pounds in the hundred due for customs." The colonists were declared to be entitled to the rights of natural subjects.
By this course, her exportations can speedily be made to equal her capital; importations will be nothing, and our gain will be, all which the ocean will have swallowed up. You are joking, the protectionists will reply. You know that it is impossible that we should utter such absurdities.
I was giddy, but not sick, and the giddiness soon went away, but left a feverishness and want of appetite, which I attributed, in great measure, to the saeva Mephitis of the bilge- water; and it was certainly not decreased by the exportations from the cabin.
From a history of the commerce of Vera Cruz, just published at Mexico, I find that its annual average did not vary greatly from $12,000,000 importations against $18,000,000 exportations. The extra $6,000,000 being about the annual average of the royal revenue derived from New Spain, as this country was then called. Silver constituted the bulk of this $18,000,000, both in weight and in value.
The same authority tells of exportations of "hides, wool, salt fish, and pearls," the latter a curious item, although there were as yet no manufactures, and even such necessaries as horse-shoes and every kind of harness had to be imported from Flanders.
I have seen no reason to change the views expressed in my last annual message on the subject of this compulsory coinage, and I again urge its suspension on all the grounds contained in my former recommendation, reenforced by the significant increase of our gold exportations during the last year, as appears by the comparative statement herewith presented, and for the further reasons that the more this currency is distributed among the people the greater becomes our duty to protect it from disaster, that we now have abundance for all our needs, and that there seems but little propriety in building vaults to store such currency when the only pretense for its coinage is the necessity of its use by the people as a circulating medium.
These two commodities, with the exception of some beaver, sea-otter, and other furs, comprise the most important part of the exportations, which in addition, would augment the value of exports to 400,000 dollars. The permanent population of that portion of Upper California situated between the Sierra Nevada and the Pacific, I estimate at 25,000.
A fair degree of success has been attained, and some mills for grinding corn for food have been introduced. The Secretary is of the opinion that this new use of the products of corn has already stimulated exportations, and that if diligently prosecuted large and important markets can presently be opened for this great American product.
Word Of The Day
Others Looking