he country in which he settled, and on whose national faith he
lent all his fortune. Yet Mr. Greeley concludes the whole thing to
have been a bad job for us, and harps upon another over-importation of
$1,000,000.
U, is a gallant Yankee sea-captain, who picks up an abandoned vessel
at sea laden with a valuable cargo of teas, and bravely tows her into
port, receiving $200,000 of the proceeds of the sale of her cargo as
salvage for his skill and intrepidity. From Mr. Greeley's point of
view U is a traitor to his country, and suffering a merited poverty
for over-importing. But U drives his carriage about town, and has his
own opinion of Mr. Greeley's views.
V, having a debt of $300,000 due to him by a merchant in Alexandria,
requests him to invest the same in Arabian horses, as fancy stock to
improve American breeds. The horses arrive in good order, and on being
sold, yield V a net profit of $30,000, besides enriching our native
breeds of these useful animals. Mr. Greeley still holds out, and jots
the whole transaction down as an additional evidence of national
decadence.
TABULAR EXPOSE.
Official Returns of these Transactions as they would appear per
Commerce and Navigation Reports.--Sums all stated in gold.
--+------------+------------+------------+----------------|
|Exports. | Imports. | Net profit |Immediate |
|Value in the| Foreign | to the |accretion to the|
|United | value. | individual.|country's stock |
|States. | | |of productive |
| | | |wealth. |
--+------------+------------+------------+----------------|
A | $10,000,000| $11,000,000| $2,000,000 | $2,000,000 |
B | | 1,000,000| 100,000 | 1,100,000 |
C | | 1,000,000| 100,000 | 1,000,000 |
D | | 1,000,000| 1,100,000 | 1,100,000 |
E | 1,000,000| 1,610,510| 610,510 | 610,510 |
F | | 200,000| 50,000 | 50,000 |
G | | 600,000| | |
H | | 250,000| 175,000 | 175,000 |
I | | 40,000,000| 4,000,000 | 4,000,000 |
J | | 1,440,000| 184,000 | 1,584,000 |
K | | 222,222| 22,222 | 22,222 |
L | | 25,000,000| | 25,000,000 |
M | | 1,000,000| 100,000 | 1,000,000 |
N | | 1,
|