, the exports have been $1,000,000 and the imports
$1,610,510, showing, from Mr. Greeley's solitary point of view, a loss
to the country of $610,510. Nay more, for Mr. Greeley balances his
trade accounts each year by itself, and as E's outward shipment was
made in 1850 and his importation in 1853, the country, according to
H.G., lost in 1853, by over importation, $1,610,500. Yet not to be
hard on H.G., and to be perfectly honest in our accounts, we will only
set down a loss to the country from his point of view of $610,510.

F, owned the 4,000 ton ship Great Republic, which cost him $160,000.
Finding her too large for profitable employment, and hearing that
large vessels were in demand in England as troop transports to the
Crimea, he sent her out in ballast and sold her in Southampton for
$200,000 cash. With this sum he went to Geneva, where he invested it
in Swiss watches worth $200,000 in Geneva, but $210,000 in New
Orleans, ex duty and plus transportation. To New Orleans he
accordingly shipped the watches, and they were sold. By these
transactions he not only got rid of his elephant, but both he and the
country clearly gained $50,000. Yet according to Mr. Greeley's single
eye the country suffered to the extent of $200,000, for in the exports
appeared nothing, but among the imports $200,000 worth of foreign
gewgaws, only fit to keep time with.

G, (an actual transaction) shipped by the Great Eastern on her last
voyage from New York, lard and other merchandise, worth in New York
$600,000, the fact of which, in the hurry of business, he failed to
report to the Custom House, and it therefore did not appear in the
exports. This lard was carried to England, where it found no sale, and
was reshipped to New York. G only escaped being charged duty on it
when it arrived, by swearing that it had been originally shipped from
here in good faith; yet it was entered as an import (free of duty),
and showed, according to Mr. Greeley's one eye, that the country was
on the road to ruin $600,000 worth.

H, lived in Brownsville, Texas, where he had a lot of arms and
gunpowder, worth $100,000. The Mexicans levied a very high import duty
on these articles, and they consequently bore a very high price in
Matamoras, just opposite, being worth in the market of that town no
less than $250,000. He accordingly conceived the idea of smuggling
them into Mexican territory, and, with the connivance of the Mexican
officials, (what rascals these fo