The Project Gutenberg EBook of The Continental Monthly, Vol. 5, No. 5,
May, 1864, by Various

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Title: The Continental Monthly, Vol. 5, No. 5, May, 1864
Devoted To Literature And National Policy

Author: Various

Release Date: September 26, 2007 [EBook #22770]

Language: English

Character set encoding: ASCII

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THE

CONTINENTAL MONTHLY:

DEVOTED TO

LITERATURE AND NATIONAL POLICY.

VOL. V.--MAY, 1864.--No. V.

AMERICAN FINANCES AND RESOURCES.

LETTER NO. V. OF HON. ROBERT J. WALKER.

LONDON, 10 Half Moon Street, Piccadilly,
_February 8th, 1864_.

In my third and fourth letters on American finances and resources, the
following comparisons were instituted: Massachusetts and New Jersey,
Free States, with Maryland and South Carolina, Slave States; New York
and Pennsylvania, Free States, with Virginia, Slave State; Rhode Island,
Free State, with Delaware, Slave State; Illinois, Free State, with
Missouri, Slave State; the Free States of 1790, with the Slave States of
that day; the Free States of 1860, with the Slave States of that date.
These comparisons were based on the official returns of the Census of
the United States, and exhibited in each case and in the aggregate the
same invariable result, the vastly superior progress of the Free States
in wealth, population, and education.

I will now institute one other comparison, Kentucky, slaveholding, with
Ohio, a Free State.

Kentucky--population in 1790, 73,077; Ohio, none. 1800: Kentucky,
220,955; Ohio, 45,365. 1860: Kentucky, 1,155,684; Ohio, 2,339,502. We
must institute the comparison from 1800, as Ohio was a wilderness in
1790, when Kentucky had a population of 73,077. In Kentucky, the ratio
of increase of population from 1800 to 1860 was 527.98 per cent., and in
the same period in Ohio 5,057.08. (Table 1, Census 1860.) Thus from 1800
to 1860 Ohio increased in nearly tenfold