• 3 
 
LIBRARY OF CONGRESS 
 
 012 027 603 7 • 
 
 Hollinger 
 
 pH8.5 
 
 Mill Run F3.1955 
 
.3 
 
 .P925 
 Copy 3 
 
 LOYAL PUBLICATION SOCIETY, 
 
 863 niSOADWAY 
 
 JVo, 14. 
 
 Clje |pr{s^rljati0n of \\t Inion, 
 
 NATIONAL ECONOMIC NECESSITY. 
 
 FROM THE GERMAN COMMERCIAL GAZETTE. 
 
 NKW YOKK, MAY, 1803. 
 
 NEW YORK: 
 
 Wm. 0. Bryant & Co., Printers, 41 Nassau Street, cor. Libertt. 
 1863. 
 
F^ 
 
 
 
 e:^^^ 
 
 'Klyf 
 
 .1 
 
 
 .r^-i.^ 
 
 LOYAL PUBLICATION SOCIETY 
 
 TJie objects of the Society are expressed in tlie following Resolu- 
 tion^ formaUy adopted hy tJie unanimous vote of the Society, 
 at its first Meeting, 14 Fehruary, 1863. 
 
 Resolved, That the object of this organization is, and shall be confined to 
 the distribution of Journals and Documents of unquestionable and uncondi- 
 tional loyalty throughout the United States, and particularly in the Armies 
 now engaged in the suppression of the Rebellion, and to 'counteract, as far as 
 practicable, the efforts now being made by the enemies of the Government 
 and the advocates of a disgraceful peace to circulate journals and documenLs 
 of a (lisloval character. 
 
 Persons sympathising with the ohjects of this Society and wish- 
 ing to contribute funds for its support, may address 
 
 MORRIS KETCHUM, Esq., Treasurer, 40 Exchange Place, 
 
 For which Receipts will he j^romptly returned.. 
 
 0\'> 
 
THE PRESERVATIOi\ OF THE UNION, 
 
 A 
 
 NATIONAL ECONOMIC NECESSITY. 
 
 FROM THE GERMAN COMMERCIAL GAZETTE. 
 
 The present conflict between the North and South, Laving 
 been discussed almost to exhaustion, from a political point of 
 view, the task remained to present it from a national, economic 
 and social point of view. This has been done in a most lucid 
 and conclusive manner in a comprehensive circular, issued by 
 one of the first commercial houses of New York, in which it is 
 clearly demonstrated that the Preservation of the Union is an 
 indisj)ensaUe necessity for the whole civilized world. The very 
 complete and valuable statistical tables which have been care- 
 fully collated from the last census report, together with an ex- 
 •tract of the essential points from the circular itself, are herewith 
 presented to the American reader. In view of the colossal pro- 
 ductive and commercial power of the United States, every im- 
 partial mind must approve the prospective results of the present 
 conflict as herewith presented. Separation of the Union is so 
 completely shown to be synonymous with retrogression of gen- 
 eral civilization, that at this enlightened period, no one can ad- 
 vocate such a retrograde movement without oflending against 
 all mankind. What right-thinking man can aid with his sym- 
 pathy, much less by his direct support, in the destruction of 
 this glorious whole, which has been created by the intelligent 
 industry of several generations ? Who would willingly lend a 
 hand in closing up the inexhaustible sources of wealth which 
 nature with unmatched liberality has lavished upon this truly 
 great country ? 
 
 Surely no truly enlightened person in either hemisphere could 
 be guilty of so gross an outrage against the best interests of 
 mankind. 
 
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The above Tables present an interesting picture of the wealth 
 and wonderful progress of this country. With an increase of 
 population since 1S50 of 25 per cent., or 8 millions, the value 
 of property has increased in the same space of time 127 per 
 cent, or 9,000 millions of dollars ! — and with all this the above 
 figures do not, by any means, give the real, entire value of the 
 national property, for not only is the Government property and 
 public domain not embraced therein, but the data are mainly 
 obtained from the Registers of direct Taxation, in which the 
 estimated valuations are always taken at the lowest amount of 
 consideration for the tax-payers. 
 
 A people which, with its great extravagance in its expendi- 
 tures, increases nevertheless the value of its property annually 
 900 millions of dollars, must not only have been prodigally en- 
 dowed by nature with all the elements of wealth, but it must 
 have developed, also, an uncommon degree of energy and intel- 
 ligence in the utilization of the resources which its territory 
 
 Since 1850 the United States have increased their Banking 
 Capital nearly 200 millions of dollars, and their Eailroads 22,000 
 miles, at an expense of nearly 1,000 million dollars. The coun- 
 try has now over 32,000 miles of Railroads in active use, 30,000 
 miles of "Water Communication, more or less artificial, and 
 40,000 miles of Telegraphic Lines ! 
 
 The great variety in tlie means of support and acquisition of 
 wealth is one of the especial advantages of this country ; and 
 the above Tables show what gigantic proportions its productive 
 capacity has already attained in the various branches of Agri- 
 culture, Manufactures, Mining, &c., ifec. Whilst the Western 
 and Southern States show astonishing progress in Agriculture, 
 the JSTorthern and Eastern States have developed equally great 
 progress in Manufactures. Foreign immigration brings to the 
 whole country its invaluable advantages; the accumulation of 
 capital in the Eastern States develops, in connection with the 
 immense wealth of coal, minerals, and forests, constantly new 
 and ever farther reaching industrial enterprises, and in these 
 prodigious achievements the restless energy of the American 
 brings to his aid the practical and inventive genius of the peo- 
 ple in the shape of innumerable labor-saving machines and con- 
 
triv.inces, without which, these immense triiimplis over nature 
 could never have been accomplished. 
 
 The Commercial power of the United States fully corresponds 
 with these enormous resources. Great Britain has a more ex- 
 tended foreign commerce, because it imports nearly all the raw 
 materials from foreign countries, and re-exports them as manu- 
 factured articles. Not so with the United States. This country 
 contains witldn its own territory nearly all the raw materials in 
 greatest abundance, and exports of these only the surplus, and 
 imports only coffee, tea, sugar, and articles of luxury — and but 
 few articles which it needs for its industry. The Commerce of 
 United States may be seen from the above Tables, to which are 
 added some which relate to the city of New York alone, and 
 which even novj are on the increase. But who can estimate with 
 reference to the above Tables of production the magnitude of 
 the Internal Commerce letween the several Sta-tes ? Who can 
 say how much less this cowiti'y would import, and hoiu much 
 more it woidd export, if, in European fashion, the people would 
 economise only a few years ? Already has Europe been obliged 
 to send here in 1861, the first year of the war, more than 40 
 millions of dollars to cover the balance of trade in our favor ! 
 And it may, perhaps, become as important for the great money 
 marts of Europe, as for its manufacturing interests, that the 
 Union should be restored as soon as possible to its normal con- 
 dition. 
 
 The United States is truly the land — the very paradise of 
 labor. Here is no place for idlers, be they rich or be they 
 poor! Labor here makes all men equal ; here the European 
 noble and peasant work side by side ! In no country on 'Jie 
 face of the earth is labor more prized and honored, or better 
 paid than here ! Even capital, which in Europe controls labor, 
 here becomes subordinate to and serves labor. It is tlie free 
 and intelligent labor of the country that creates the Adminis- 
 tration or the Government, that is, the Legislative, Executivej 
 and Judicial powers of the country. 
 
 Whatever may be said against the doings and intrigues of 
 the politicians, yet it is the highest honor of the system of gov- 
 ernment of the United States that Free Labor— i\\^i is to say, 
 the equal right of all men to the pursuit of happiness — has been 
 
6 
 
 recognized as tlie first natural and inalienable right ; and tliat 
 this riglit lias been consistently asserted in every direction ; and 
 it is the Union alone and above all which protects this funda- 
 mental right against all possible assumption of power by single 
 states, and which gives it permanent and national guarantees. 
 The Union, therefore, represents the principles of free Lahor, 
 free Intercourse^ free River and Lalce Navigation^ free ScJwols^ 
 free Press, and free Religion. The Union guarantees in its en- 
 tire immense extent of 3,250,000 square miles (almost as large 
 as all Europe), to all its present and future inhabitants the most 
 unlimited liberty of thought, commerce, and industry. 
 
 Unquestionably it is mainly this great principle whicli has 
 given to the Union its vast power and prosperity, and which 
 cannot foil to secure to it a still more glorious future. Of what 
 nse would be to this country its rich and fertile lands, if the 
 "West were separated from the East, and the IsTortli from the 
 South, by all sorts of inter-state restrictions and jealousies; if 
 the people were compelled to surrender regularly a large por- 
 tion of its working population to standing armies ; or if it were 
 restrained in the free exercise of its labor and industry by inter- 
 state tariffs, or by a system of guilds, like that remnant of the 
 middle ages in Europe ? 
 
 In tlie Old Country, where a different condition of things re- 
 quires a different system of government, the people are proud, 
 and very properly ^o, of tlie great progress which has been 
 made there, in facilitating intercourse amongst the different peo- 
 ples, in the abolition of river dues, guilds, the progress of free 
 trade, and the emancipation of the serfs ; and yet all these 
 achievements of modern times are but fragments of the great 
 and general freedom of labor, which the Union guarantees for 
 all time to come, to every citizen, native and adopted, as well 
 as to the future immigrant. 
 
 Viewed from this stand-point, the attempt of the Rebels to 
 destroy tlie Union, and to establish in its stead a Confederacy 
 based upon Human Slavery as its corner stone, cannot be re- 
 garded as other than a crime against this Nineteenth Century, 
 and as an attempt against all recognized human rights. 
 
 Can any one doubt as to the result of this conflict ? As well 
 might we assume that England would re-enact its former system 
 
of protective duties, its corn laws, and navigation act ; that 
 Germany would revive tlie old guilds, soccage service, and relig- 
 ious persecutions; that Russia would restore the just abolished 
 serfdom. In fact, we might as well assume that civih'zation 
 would retrograde, and that the great civilized nations of Europe 
 would go back to the feudal system of the middle ages ! 
 
 The great natural rights of man, that have their being in the 
 Union, are more powerful by far than all the armies or in- 
 trigues of the enemies of the Union. The fortune of war has 
 not much favored the North during the past year, and yet do 
 we see that the idea of the Union has resumed entire sway 
 again in the Slave Border States of Delaware, Maryland, Ken- 
 tucky, Missouri, and a large portion of Virginia, and that even 
 the question of the total abolition of slavery is assuming in 
 those States the most forcible prominence. 
 
 Our country has always developed most actively after every 
 commercial crisis, and it will surely emerge from the present 
 political crisis with regenerated and greater power. 
 
( 
 
V 
 
 OFFICERS OF THE 
 
 LOYAL PUBLICATION SOCIETY, 
 
 863 BROADWAY, ]^EW YORK. 
 
 President. 
 
 CHARLES KING. 
 
 Treasurer. 
 
 MORRIS KETCHUM. 
 
 Secretary. 
 
 JOHN AUSTIN STEVENS, 3a. 
 
 Finance Committee. 
 
 CHARLES BUTLER, Chairman. 
 
 GEORGE GRISWOLD, JACKSON S. SCHULTZ, 
 
 lilORRIS KETCHUM, A. C. RICHARDS, 
 
 CHARLES H. MARSHALL, L. P. MORTON, 
 
 HENRY A. HURLBUT, SETH B. HUNT, 
 
 THOMAS N. DALE, DAVID DOWS, 
 
 WILLIAJiI, A. HALL, JOSIAH M. FISKE, 
 
 T. B. CODDINGTON, JAMES McKAYE. 
 
 Pulilica<Son Ccmmlttec. 
 
 FRANCIS LIEBER, Cqaikman. 
 G. P. LOWREY, Secretary. 
 
 Executive Committee. 
 
 WILLIA:M T. BLODGETT, Chairman. 
 GEORGE WARD NICHOLS, SECRETAar. 
 
LIBRPRY OF CONGRESS 
 
 012 027 503 7 
 
 The Ix>yal Puiir.icATioN Socikty has already issued a large 
 number of Slij)s ami FainpLlets which have been widely cir- 
 culated. Amongst the most important are the following : 
 
 No. 1. 
 
 . 2. 
 
 3. 
 
 9. 
 10. 
 
 11. 
 12. 
 13. 
 14. 
 
 15. 
 IG. 
 
 17. 
 
 Future of the North West^ by Ilobert Dale Owen. 
 
 Echo from the Army. 
 
 Union Mass Meeting^ Speeches of Brady ^ 
 
 Van Jiuren, &c. 
 TJiree Voices; the Soldier, Farmer and Poet. 
 Voices from the Army. 
 Northern True Men. 
 Speech of Major-General Butler. 
 Separation; War without End. Ed. Laboulaye. 
 The Venom and the Antidote. 
 A feio words in hehalf of the Loyal Women of the 
 
 United States, by One of Themselves. 
 No Failure for the North. Atlantic Monthly. 
 Address to King Cotton. Eugene Pelletan. 
 How a Free People conduct a long War. Stille. 
 The Preservation of the Union, a National 
 
 Economic necessity. 
 Elements of Discord in Secession, (&c., &c. 
 No Party now, all for Our Country. 
 
 Dr. Francis Lieber. 
 TJte Cause of the War. Col. Charles Anderson. 
 
 Loyal Jx'iigiieiJ, Clubs, or individuals may obtain aiiy of our 
 Publications at the cost ])ricc, by ai)plicatiun to the Executive 
 Committee, or by calling at the liooms of the Society, No. 8G3 
 Uroadway, where all ininrmation may bo obtained relating to 
 the Society. 
 
LIBRARY OF CONGRESS 
 
 012 027 603 7 • 
 
 Hollinger 
 
 pH8.5 
 
 Mill Run F3-1955 
 
LIBRARY OF CONGRESS 
 
 012 027 603 7 • 
 
 Hollinger 
 
 pH8.5 
 
 Mill Run F3-1 955