Show OUR FOREIGN TRADE for the last years the public hare acome so used to the enormous fir ure which the official reports en our tra lo 10 show that eren the recently published tables on the commerce of the year will acely create any extraordinary atO Dib ment the fact mention that the total receipt ef eliat year far ezrd tho of any previous pre year the export and import goods exclusive of preciou metals 1279 million dollars million belong to importations while to export the importation of merchandise ha increased exportation by 29 above that of the year previous ions to his comes a ef ua millions okd an exportation of the same year to the amount of 26 millions whereby that our country has 67 millions specie this increase in goods affects th beirels disagreeably we lio weTer micro the N Y fiat thin increase i a very favorable sign on a detailed examination of the list of imports we find that the ion of tea and coffee haa admed fir greater more wine I BO has drunk but the people oes not yet go to excy in the con of auch article which tend physical comfort it used with moderation node ration it does not illif koths and article of luxury re im in an W notice however that in ann indigo rubber and similar ob which aro imported to b corked up ba increased I his muy not be II 11 every knoof the law I hug our own iron industry will coir apply the increased demand I liter industry ind ha bee crippled and by tae crien by the bauc ion expansion ander of protective tariff nj inflation and mint first argir in vigor before it can supply th home demand in general the iBer eased import raw of which eur industry is in ard ia a hopeful phenomenon increased import would be danger ous only if it were an extravagant trava gant luxuriousness luxurious nes and wrt erring to squander conr money in things or if there wre means in the country to cover the import but we havo till exported more goods than we have imported and besides we have laid in a reserve block of in beecie the expenditure ofed rope of such an amount of cath wag enormous and it is evident hat eu rope before long would no longer be abio to purchase our goods unless we also buy hers in a corresponding degree europe fares ill enough at the regeneration of our foreign trade up to 1873 our import bad risen to how high were their figures over those of last year As unwholesome as the balance of trade was then for us a repetition of ane present one donld be for europe ind juet a europe was by no mean ally benefit led by that apparent il vantage no more would it profit n now permanently the mutual requires a most equable liquidation ui of the balance not by nean of specie or bonds but with i iw laate rials and manufactures aly such a insures the ensling of both parties in we are rather inclined to M in the enormous of our ex art trade a for apprehension r restrict our importation without loo great sacrifices would b corn aay but bow if our coun r has made preparations fr per enormous enor mou exports an d it bould shrink all at once our export has trebled la derik dc n r import however has not rate p illy changed in this there lie lly a great danger for the auntry vu one brilliant at crop in eni ore and our exports would dimin bah iah by hundreds of millions our eisent articles declined for expert would clog the home maratt and abat dire consequences would we do not wish to spoil conr own idour friends good humor with con of such an event but there is another point which lies nearer still namely the dangers aris the ever great and speculation in our exports A commercial authority moures us that tle city cf new york Is holding at present p cot ion lard and pork against ylo in the last year while how ber the amount ii dollars and cents that of kit year the t of th goods ia net ba inordinately inflated the priam by this ira moderato our national export trade ia being injured ever since new acir our banan are of course caged in this quits materially and it in n for them to carry cnora ioni sums if the financial and commercial sit nation ia not ret as eatie factory as it could be it is due to ahli estrata in our foreign commerce our money market 14 deprived of the of the favorable balance of last year by the new and of tho and stock jobbers thal actual condition of the money market permit hii readily to conjecture what would follow a reversal of th balance thus it must naturally what ia built on band will fall before the wind only that prosperity which out of and is based on solid be work and wealth trill endure bubbles ara bure to buret the koonce the mor they are io flat sd |