On the other hand, domestic exports suffered a decline of only
about f27,ooo,cxx>, chiefly caused by the reduced demand for
breadstuffs, while the cotton crop, notwithstanding the shock
which the manufacturers suffered from the revulsion, maintained
its price so well in consequence of the moderate supply for the
two cotton years ending with August, 1858, that the value of the
export did not fall off. The result of this general state of trade
was that the net exportation of specie from the United States for
the year ending with June, 1858, was only $33,ooo,cx)0, being
considerably less than the product of the mines.
