The idea that we can rigidly shut out the manufactured products of all the world and expect all the world to buy our surplus products is utterly absurd. Being out of our jurisdiction our laws can not force them to do it. Heretofore or vast area of public lancs have brought to us annually a great concourse of immigrants constantly swelling our population and thereby enlarging the market for our productions. This to a great extent accounts for our past prosperity. but it is nearly at an end. Our public lands are rapidly passing into private handsnearly all of the mosu desirable of them have been occupied. Naturally this vast swarm of immigrants will diminish. whilst the powers of production. constantly increasing. will make the surplus day by day. far greater than the home demand. It is largely ahead oit now. The South raises 7.000.000 bales of cotton per annum. 5.000.000 of which is surplus.
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immigrants