George Fouboiy was a nooslonor,
bariugnervad io tbe war 1812, and re
ceived his pension "early down to the
at lit it Hi Ilia rolntlvaa llilnb
ha ought to have set apart a sum of
Feb Tradi on Pbotkono.
When the couotry la asked to consider
which it will adopt Freo Trade or I'ro
toction, let it look al the fact whloh
stnro it io the face. It is estimated
that tho Aggregate amount of AtnerU
oan bonds nutional, Stato, municipal,
railway and mining held io Europe,
is 11,46 5,500,0'JO, the interest on which
at 6 pjr cent., nmmnt to the enor
mous sum of 837.?CO,80a per annum
in gold. And this is increasing rap
idly, exchanged for goods which per
ih in the ulng and which ought to
he made in this country. During the
flsl year ending Juno 3D, 1H6!, the
total imports were 9417,351,70510 gold
and the balance of trade against ns was
SI 30,83 1. MX. To adjust bslanerslike
this our securities nre carried to Eti-
ropo there to tennin as so ronny mort'
sages Rgiinst this country. These se
curities tiro used by American mer.
chants wherewith to purchase goods.
Not a dollar in roll has been brought
i ito tbe roantry in cx.'hun,e f r them ;
nut on tlie contrary, durliu tho lust
fisenl yesr, as shown by official reports,
this country List 37,4S:i,7u4 through
its commercial transactions with for
eigners. that bring the difference be
tween the exports and imports of gold.
