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When made up in driblets as they could, their best securities were at an interest of twelve per cent. By this the state of the rest may be judged. As to our commerce, the imports and exports of the nation, now six-and-forty million, did not then amount to ten.
In fact, setting aside useless luxuries, there is in England, which exports more than any other country, one single commodity in universal use cottons whose production is sufficiently great to perhaps exceed the needs of the community.
The energy of the British workman established England's industrial greatness and fought for and won the great trades-union system which the workmen of this country are developing so ably. Suppose it were true that trades unionism, with its higher wages and shorter hours, decreases exports what of it?
We have seen that its exports are already very great, even while the lands are negligently cultivated and ill managed; but how much greater will they be when the art of agriculture shall hare arrived at the same degree of perfection in that province as in England.
This decision has special significance at the present time since it is a matter of common knowledge that Great Britain exports and reexports large quantities of merchandise to Norway, Sweden, Denmark, and Holland, whose ports, so far as American commerce is concerned, she regards as blockaded." Finally, the law of nations forbade the blockade of neutral ports in time of war.
The exports and imports of South Australia are, year by year, rapidly increasing; and now that its vast mineral resources have been discovered, and are in progress of development, no bounds can be set to its probable wealth and prosperity. A railroad would be sure to attract a large amount of traffic even at present.
Turkey possesses some of the finest portions of this quarter of the globe; countries in which man first emerged into civilization, literature, and knowledge; rich in climate and soil, but dreadfully degraded, oppressed, and impoverished by despotism. The exports from the European part of Turkey are carpets, fruit, saffron, silk, drugs, &c.: the principal port is Constantinople.
The control of these exports and the elimination of speculative profits and the stabilization of prices in connection with home purchases were the special features in the general program of food administration that were pushed primarily for the sake of our own people.
They are those who pronounce all schemes of electoral reform embodying the principle of proportional representation to be the result of a conspiracy of fools and rogues; they are those who sneer at the "fanciful rights of women;" they are those who think our present land tenure eminently calculated to make the rich contented, and keep the poor in their proper places; they are those who believe that republicans and atheists ought to be treated like vermin, and exterminated accordingly; they are those who think that all must be well with England if her imports and exports are increasing, and that we are justified in repudiating our foreign engagements, if to maintain them would have an injurious effect upon trade.
Of the total foreign exports of thirty-five millions, considerably above one-fifth say, to the value of nearly seven and a half millions sterling were exported in the shape of cotton, linen, and woollen yarns in 1840, the year selected by Mr Cobden, of which, in cotton yarn alone, to the value of nearly 6,200,000.
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