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?©d?©ric, 1801-1850

"Designed for the American Reader"


Now what conclusion do our Congressmen draw from the sums entered into
the custom-house, in this operation? They thence learn that the United
States have exported $200,000, and imported $352,000; from whence
they conclude "_that she has spent, dissipated, the profits of her
previous savings; that she is impoverishing herself and progressing to
her ruin; and that she has squandered on a foreign nation_ $152,000
_of her capital_."
Some time after this transaction, Mr. T dispatched another vessel,
again freighted with national produce, to the amount of $200,000. But
the vessel foundered in leaving the port, and Mr. T had only further
to inscribe upon his books two little items, thus worded:
"_Sundries due to X_, $200,000, for purchase of divers articles
dispatched by vessel N."
"_Profit and loss due, to sundries_, $200,000, _for final and total
loss of cargo._"
In the meantime the custom-house inscribed $200,000 upon its list of
_exportations_, and as there can of course be nothing to balance this
entry on the list of _importations_, it hence follows that our
enlightened members of Congress must see in this wreck _a clear
profit_ to the United States of $200,000.


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