Show Is england ironing growing poorer Ioor crt we are told that we are every year yIng poorer because our oar imports aro larger than our exports and that ahk ae adue d tie to freo free trade why all our industries just now la Is because we have st suffered great owing ovi lug to bid harvests farma 1000 feires lie enters lit in a book nil all expenditure arid and incomes of every field and lio lie has made the calculation that if ull all 0 our ur land in ili corn hiis has suf fored during the ilia list last two years proportionately its as ills his corn land lim has suffered tred tile the list tu wo wit bul harvests hive have cost us I 1 asked one of our most Pin eminent flient agricultural calculators whether lie ho thong thought lit that this was an overstatement and lie told felt me that the amount was probably gerater ge this loss affecting as 03 it must all trades Is to explain tile lie commercial depression hie 1110 were mere lilt fact that tho balance bt lanco of trade Is against us un la Is no proof that we tire are impoverishing ing ourselves mr wells I 1 secretary of the treasury 1 in washington met this notion by till an hist instance anee which lias has tile the merit of bringing out clearly tile tho absurdity of such a 8 supposition A ship ile ho said left boston fur for india wi valli III a cargo of ice the tha ico fee was has sold in ili calcutta and witti with tho the proceeds tile the captain bought 5 worth of and brought it back tol to loston hero here the balance of trade waa against thoUn HIB united IteI states for tho the lea fee was valueless al ueless yet in point of facto the united states instead of belo being tile poorer by this sum was tho the richer by it in tile last twenty years our imports havo exceeded our exports by two thousand six elx hundred millions that Is ia to say bay we have vald paid t this hia amount fur for our imports III excess af what we have received irom our exports out bill during this time wo we have made more moio than the by the interest upon foreign investments by fro freights Itts for carrying goods by brokerage arid by many other rees of income moreover many who have made money in tho the colonies hivo have returned to england with it this Is manifest fur for whereas tile tho alao value of property ty assessed to income tax amounted amoin ted in ili 1801 to 1 it was in III 1879 1870 and whereas in 1801 tho the total pali paid up capital of our railroads was wai it was wag in 1879 with respect to our export trade over which wo we are bowall bew ailing Ingo we ought to remember that in 1810 it was 41 51 in 1880 it was and that it now is greater than it has I 1 ever been except during tho the three exceptional years ears 87 I 1 2 3 4 1 truth |