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much fraud will be attempted. These attempts, the Secretary shows, are numerous; but it is unfortunate that he does not show what proportion the attempted frauds bear to the whole number of invoices entered. In advising home valuation and specific duties, he only recommends a change in the mode of frauds; and as he shows that large numbers of those now attempted are detected through the experience of the officers, it would seem to be impolitic by changing the mode and increasing the premium to make detection more difficult.

We have before had occasion to remark upon the fact, taking the commercial world as a whole, the seat of manufactures has occupied a wrong locality—that is to say, it has, in relation to facility of production, occupied a position disadvantageously situated when purely economical principles are taken into the account. This has, indeed, not always been the case, for statesmen in most countries have regarded a certain line of politics as the chief end to be pursued, and have uniformly made economical and commercial questions secondary thereto. For the most ready productions of manufactured goods it is necessary that all the materials of which they are composed should be found, together with the motive power, in neighborhoods capable of producing the best and cheapest food for the support of the operatives, and that all these circumstances should exist and be easy accessible. It has, however, hitherto never been the case, that all these means have been combined in any one locality. England has possessed the most of them, and in the earlier years of her progress, sufficient to supply her demands; her geographical position is such, surrounded by the ocean, that no wind can blow from any quarter of the compass without favoring her commerce; from which point soever the breeze proceeds it is fair for the arrival of some of her ships, and for the departure of others. This facility of communication, before the age of steam, gave her immense advantage, as it made her ports the depot for the raw produce of all countries, and the source whence, after being wrought up by English industry, goods were derived by all nations. With such advantages the business of England could not but increase, until the demands of her operatives for food and raw materials exceeded the capacity of her own soil to supply. The cost of these things to consumers would then naturally be enhanced by the cost of transportation, and duties on the additional quantities imported; and this enhanced cost occurred at a moment when the competition of foreigners reduced the price of the fabrics. The mere fact of a larger transportation of raw produce was regarded as a good in a political view, inasmuch as that by employing more shipping, it fostered that navy on which England so much relied for her prosperity; but if that cost carried her beyond the point at which foreigners could compete, it defeated its own object. The government, therefore, removed duties on raw produce, on food, and, finally, abolished the navigation laws in order that all those things might be supplied in England at cheaper rates. The virtual effect of these measures was to extend the breadth of English soil, because they placed at the command of her people the products of vast tracts of land. Gradually, however, the countries which produced the most of those raw products came to work them up into goods, and by this competition to reduce the price of fabrics; and the English returns show that while the quantities of food and raw material imported have immensely increased, the value of the goods made from them had not increased, In the year 1842 the policy of admitting food and raw materials began to be

adopted. We have compiled a table of the progress of the country since. In order to show the details of which the table is composed, we annex the following, showing the actual quantities of food and leading materials imported for consumption in 1836, and for the last four years.

QUANTITIES of food and RAW MATERIALS IMPORTED INTO GREAT BRITAIN.

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If now we take the cwts. and lbs. together, in lbs., for each year, we have results as follows:

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This increase of food and raw materials imported for the use of English operatives is almost incredible. The dye stuffs, of which the weight for 1849 was 185,248,650 lbs., is not included. If we estimate the cost of transportation at the simple freight now current it will give a high figure. Freights are now very low; a bushel of grain is carried from New York to England for 10 cents; and 3 lbs. of cotton for one cent. If we take those two figures as the average for

all the freights, it will be far within the mark. The cost will then stand as

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If now we compare these freights with the declared value of textile fabrics exported, we have results as follows:

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As compared with 1844 the amount of freights had increased $9,700,000, while the value of the goods has risen but $3,000,000. Thus, without taking into account the price of the article, the freight account is $6,700,000, or 31 per cent against the English manufacturer; and that difference, as seen in the table, is constantly increasing. The effect of the famine year, 1847, was to enhance the import of food aud diminish that of raw materials, since when both items are more than ever.

It is now very apparent from the general principles evolved in those tables, that England cannot continue to increase her demands for food and materials brought from a distance and compete with those countries which have all those things within themselves, and with which the freight account is nothing. What a strange absurdity it is to see silk going from China and France, cotton from the Southern States, wool from Australia, coffee and sugar from Brazils, wheat from New York, Michigan, Odessa, and Poland, hemp and flax from St. Petersburgh, pork and beef from Ohio and Illinois, all concentrating in Lancashire, to be returned in the shape of goods to the localities whence they came. Such a state of things never could have been brought about but for the geographical position of England giving her control of the ocean. The progress of internal improvements, making land carriage equally facile with that by water, has developed regions like the Valley of the Mississippi, where all those articles which the marine of England seeks in every section of the world exist together, of the best qualities, and in limitless abundance. Land and its produce, raw material and motive power, lie in juxta position; and good can be turned out in such a manner that England's freight account alone will be a prodigious profit. We will recur to this subject, and would advise our readers to bear these facts in mind in connection with the present anomalous state of the markets.

The aggregate quantity of flour, wheat, corn and barley, left at tide-water, from the commencement of navigation to the 7th of December, inclusive, during the years 1849 and 1850, is as follows:

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COMMERCIAL STATISTICS.

IMPORTS AND EXPORTS OF COTTON AND COTTON MANUFACTURES.

The last annual report of Mr. Corwin, the Secretary of the Treasury, furnishes some interesting statistics of cotton and the cotton manufacture, from which it appears that during the past year the United States exports of raw cotton amounted to $71,984,616, while of domestic cotton manufactures we exported only to the extent of $4,734,424. During the same period the importations of cotton manufactures entered for consumption have amounted, at the foreign valuation, to $19,685,938. The exports of cotton from the United States exceed in importance those of any raw material exported from any other country. The following table, from the Secretary's report, shows the value of raw cotton and cotton manufactures exported from the United States in each of the five years from 1846 to 1850, inclusive, and also the value of the same exported to Great Britain and France, the two countries which take the largest quantity of our raw cotton.

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71,984,616 4,734,424

48,884,453

50 14,395,449

539

1850.... Total.. $296,563,066 $53,013,762 $201,803,592 $19,041 $56,471,795 $3,229 The value of cotton manufactures exported from the United States in 1848 amounted to $5,718,205, and from Great Britain during the same year to $109,777,008. The United States received from Great Britain, per British vessels, in that year, (1848) $8,291,036. Our records for the fiscal year terminating on the 30th of June, 1848, show an importation of cotton manufactures from Great Britain amounting to $14,477,978, which conclusively shows how largely Great Britain is indebted to the United States for her commercial prosperity. Mr. Corwin says in his report:

"The exports of raw cotton to several countries from Great Britain, exceed those from the United States to the same countries, and that the value of such exports of American raw cotton from Great Britain to the continent of Europe, exceeds the entire exports of American cotton manufactures to the whole world.

"Our entire exports of breadstuffs and provisions to all parts of the world during the past year, will scarcely amount to the value of the cotton goods imported and the duties thereon."

EXPORTS OF RICE AND TOBACCO FROM THE UNITED STATES.

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STATISTICS OF HOGS AND BEEF CATTLE IN OHIO.

The Cincinnati Price Current of August 21, 1850, contained a statement of the number of hogs and beef cattle in Ohio, for the years 1848-49-50, as returned for

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taxation by the assessors. Basing their opinion upon the facts at that time presented, the editors of the Price Current predicted that the deficiency in the State would be about 236,000 head, and it will be seen by the returns below, which embrace the whole State with the exception of Athens, Butler, Fulton, Henry, Mahoming, Mercer, Miami, Morrow, Ottawa, Stark, Tuscarora, and Vanwert Counties-that their estimate was very nearly correct, the deficiency in 76 counties being nearly 244,275 head as compared with 1849. The rapid increase in the number of beef cattle, as indicated by the footings up below, will attract attention.

Beef cattle.

Hogs.

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1849.

1848.

396,110

388,361

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Adams ..

8,529

8,434

7,812

23,605

29,752

23,085

Ashtabula..

Athens..

36,141

35,202

30,714

5,922

7,309

7,660

19,285

11,343

10,231

12,911

16,692

15,546

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6,746

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11,973

11,980

11,719

Carroll.

10,499

10,115

9,033

14,584

15,589

16,924

Champlain.

12,232 12,756

11,842

23,220

27,093

21,844

Clermont

10,761

10,687

10,535

30,382

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Columbia

15,637

14,970

13,606

18.025

21,234

22,111

Crawford

13,936

13,488

10,982

20,262

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Erie

9,355

8,939

8,079

6,935

8,033

8,912

Gallia.

11,031

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7,675

17,960

13,648

Geauga

24,153

21,767

18,516

5,247

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Guernsey.

15,020

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26,386

30,771

27,186

Hardin

5,043

4,175

14,022

9,050

9,982

11,033

Huron..

18,635 17,373

15,036

15,763

16,540

17,678

Jackson

7,460

9,687

8,449

10,954

19,607

13,834

Lake..

12,006

11,140

9,959

3,746

4,842

5,702

Lawrence.

6,187

5,757

5,315

10,391

14,641

9,840

Licking..

20,713

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28,123

33,891

35.473

Logan.

10,201

10,114

9,196

19,399

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Lorain.

22,000

20,879

17,253

11,193

12,725

14,391

Lucas...

4,723

10,083

9,360

4,348

8,588

9,902

Madison

21,993

20,600

22,392

19,634

23,587

25,007

Medina.

20,423

18,292

15,262

12,345

13,188

14,419

Monroe.

11,037

10,160

9,372

22,221

27,607

20,495

Montgomery

14,150

13,996

13,863

33,386

34,243

40,099

Muskingum

20,924

19,676

17,913

33,087

37,645

35,835

Paulding.

980

914

841

2,119

1,974

1,931

Perry.

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10,653

20,299

20,572

21,579

Pickaway

26,227

23,899

24,416

43,453

54,388

54,589

Putnam

4,208

4,246

8,809

8,648

8,174

7,691

Ross

23,624

24,129

22,705

56,205

66,483

Sandusky.

62,279

9,387

9,454

8,313

13,014

14,017

1,351

Scioto..

12,129

6,585

6,653

6,742

17,245

13,150

Shelby

7,536

7,541

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Trumbull

15,241

16,223

36,134

35,968

31,088

10,028

12,550

13,983

Union...

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8,004

17,716

19,245

Vinton

20,853

6,789

8,529

Warren..

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Wayne.

40,912

19,653

19,935

17,894

Williams

27,195

27,375

28,149

6,602

5,284

4,509

Wood.....

5,304

6,290

6,009

6,421

6,584

6,520

7,807

8,845

Allen

8,442

6,758

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12,741

12,556

Defiance.

10,481

4,003

3,621

3,183

5,771

5,244

Fayette

5,902

16,233

14,815

15,444

25.685

34,125

Hancock

35,314

8,893

9,493

8,486

16,524

17,532

18,951

Total......

1,031,169 912,620 875,810 1,486,191 1,730,466 1,728,794

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