Allowance must also be made for a portion of the production of the mines which have been employed ii the arts. What amount has been devoted to this use cainot be aconrately determined. but if I lix it at $120.000.000 for the thirteen years it will be low enough. Treating the amount brought into the country by immigrants as offset by the amount taken away by travelers. the balance will stand thus: Coin in 1861 ------------------------------------------------------- $165. 000. 000 froduction of mines for thirteen years .............................. 780. 000.050 Imports for same tine ............................................... 244. 459. 652 .1.185. 459. 652 Exports for thirteen years ............................. $9 . 641. 003 Used in the arts ....................................... 120. 00. 000 1. 042. 641. 003 Coin in Atlantic States. 1873 ........................................ 146. 816. 649 I have no doubt this suns is equal to the present amount of specie. notwithstanding the larger imnportations( during the fall monthsa sum about equal to the annual interest upon our indebtedness held abroad. To state the case another way: The average amount in the Treasury during the past few years has been about eighty million dollars. The banks hold also )ossibly twentylive millioni dollars. and forty million dolars would be a li beral estimate for all that may be found in other hands. making not far from one htundred and fortyfive million dollars or less than one dollar of specie to every five of the paper issues.
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immigrants