Our imports of dutiable goods have been large. yielding $219.678.608 of revenue. but the position of our foriegn exchan es is now adverse. and instead of receiving large remittances of gold we are parting with considerable amounts almost every week. What effect a foreign war. now supposed to be imminent. may have upon our trade and industries who can foretell ? The immigration to our country has been enormous. and its proportions appear to be growing larger day by day. The great bulk of this immigration goes West. and the fruit of the increased labor appears at once in the increase of the agricultural productions of the country. That this is a great benefit no one will deny. but its final results. when all othernatious are producing full and prosperous crops. is to depress the price of the vast products of our own citizens. Themuinberof farms in the United States in 1870"was 2.659.985. but they had increased more than 50 per cent. up to 1880. and then numbered 4.008.907.
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