Show OUR orn FOREIGN TRADE Acco according iding to tho the statement of the bureau just submitted to tile the secretary of the treasury the excess of exports over imports for the year ending dec 1878 amounts botho to tho enoi enormous sum of tho single month 0 of f december the excess wast for tho the previous year the exports exceeded the imports this is for moi chandise dise at the same fame time lime that until is for the year ending dm dec alt last tho the imports of cf gold and silver exceeded the ev port by thus it appears that we have retained in the country all the sold gold and silver taken from our ini mines and have also added neatly neaily th through rough imports irow how then it may be asked has the excess of exported alel chandise over the imported amounting to over been paid for evidently by a return toa to a great extent or of united states bonds and other securities especially of the former wo we see therefore the foundation for the T treasury treasury statement that our indebtedness abroad basteen has been R really greatly diminished mini shed and that the larger portion of the debt former formerly lir held by foreigners has been if turned returned and is now held at homo home at this rato rate wo we are likely to become fit at no distant day a creditor nation aho tho vast accumulation of gold and silver in the country gives assurance that resumption can call bo be maintained and is an indication that capital te pital will mil soon seek employment ili in new or enlarged enterprises antei arises in ili a normal beato of things that is when most of our debt abroad is extinguished and the bonds returned S such itch a I 1 ast balance of trade in ou our r favor would not be ba desirable desir ablo for we must luv buy of foreigners in order to sell and to give activity to commerce for the present however it is a blessing nyo no country in the world is as happily situated as ours and none has bas such euch a vi to ondel condei fill prospect in ili the future |