from 1850 to 1860, 126.45 per cent.
England, from 1851 to 1861, 37 per cent.
Assuming these ratios, the result would be as follows:
Thus, it appears by the census of each nation, that, each increasing in the same ratio respectively as for the last decade, the wealth of the United States in 1880 would exceed that of the United Kingdom $23,743,518,849; that in 1890 it would be much more than double, and in 1900, approaching quadruple that of the United Kingdom.
When we reflect that England increases in wealth much more rapidly than any other country of Europe, the value of these statistics may be estimated, as proving how readily our national debt can be extinguished without oppressive taxation.
These are the results, founded on the actual statistics, without estimating the enormous increase of our national wealth, arising from the abolition of Slavery. We have seen that, by the official tables of the census of 1860, the value of the products of the United States, so far as given, for the year 1859, was $5,290,000,000. But this is very short of the actual result. The official report (pages 59, 190, 198 to 210) shows that this included only the products of 'agriculture, manufactures, mines, and fisheries.' In referring to the result as to 'manufactures,' at page 59 of his official report before given, the Superintendent says: 'If to this amount were added the very large aggregate of mechanical productions below the annual value of $500, of which no official cognizance is taken, the result would be one of startling magnitude.'
1. This omission alone, for gross product, is estimated at $500,000,000.
2. Milk and eggs, fodder, wood, poultry, and feathers, omitted, gross products, estimated at $350,000,000.
3. Gross earnings of trade and commerce, including freights, &c., by land and water, $1,000,000,000.
4. Gross earnings of all other pursuits and business, including all other omissions, $1,000,000,000.
Total gross products of 1860, as thus estimated, $8,140,000,000, of which the amount for the Free States, as estimated, is $6,558,334,000, and for the Slave States, $1,581,666,000.
I have heretofore referred to the vast influence of education as one of the principal causes of the greater product per capita in the Free than in the Slave States, of the much larger number of patents, of inventions, and discoveries, in the former than in the latter.
At the April meeting of 1844, upon the request of the Society, I delivered at Washington (D. C.) the Introductory Address for the National Institute, in which, up to that date, an account was given by me of 'the various improvements and discoveries made by our countrymen in the inductive sciences.' On reference to that address, which was published at its date (April, 1844), with their bulletin, it will be seen that, from the great Franklin down to Kinnersley, Fitch, Rumsey, Fulton, Evans, Rush, the Stevenses of New Jersey, Whitney, Godfrey, Rittenhouse, Silliman, J. Q. Adams, Cleveland, Adrain, Bowditch, Hare, Bache, Henry, Pierce, Espy, Patterson, Nulty, Morse, Walker, Loomis, Rogers, Saxton, and many others; these men, with scarcely an exception, were from the Free States.
EXTRACT
And, first, of electricity. This has been cultivated with the greatest success in our country, from the time when Franklin with his kite drew down electricity from the thunder cloud, to that when Henry showed the electrical currents produced by the distant lightning discharge. In Franklin's day the idea prevailed that there were two kinds of electricity, one produced by rubbing vitreous substances, the other by the friction of resinous bodies. Franklin's theory of one electric fluid in all bodies, disturbed in its equilibrium by friction, and thus accumulating in one and deserting the other, maintains its ground, still capable of explaining the facts elicited in the progress of modern discovery. Franklin believed that electricity and lightning were the same, and proceeded to the proof. He made the perilous experiment, by exploring the air with a kite, and drawing down from the thunder cloud the lightning's discharge upon his own person. The bold philosopher received unharmed the shock of the electric fluid, more fortunate than others who have fallen victims to less daring experiments. The world was delighted with the discoveries of the great American, and for a time electricity was called Franklinism on the continent of Europe; but Franklin was born here, and the name was not adopted in England. While Franklin made experiments, Kinnersley exhibited and illustrated them, and also rediscovered the seemingly opposite electricities of glass and resin. Franklin's lightning rod is gradually surmounting the many difficulties with which it contended, as experience attests the greater safety of houses protected by the rod, properly mounted, whilst the British attempt to substitute balls for points has failed. This question, as to powder magazines, has lately excited much controversy. Should a rod be attached to the magazine, or should it be placed upon a post at some distance? This question has been solved by Henry. When an electrical discharge passes from one body to another, the electricity in all the bodies in the neighborhood is affected. Henry magnetized a needle in a long conductor, by the discharge from a cloud, more than a mile from the conductor. If a discharge passes down a rod, attached to a powder house, may it not cause a spark to pass from one receptacle for powder to another, and thus inflame the whole? The electrical plenum, which Henry supposed, is no doubt disturbed, and to great distances; but the effect diminishes with the distance. If all the principal conductors about a building can be connected with a lightning rod, there is no danger of a discharge; for it is only in leaving or entering a conductor that electricity produces heating effects; but if not, the rod is safer at a moderate distance from the building. The rate at which electricity moved was another of the experiments of Franklin. A wire was led over a great extent of ground, and a discharge passed through it. No interval could be perceived between the time of the spark passing to and from the wire at the two ends. Not long since, Wheatston of England, aided by our own great mechanic, Saxton, solved the problem. This has induced Arago, of France, to propose to test the rival theories of light, by similar means—to measure thus a velocity, to detect which has heretofore required a motion over the line of the diameter of the earth's orbit.
In galvanism, our countrymen have made many important discoveries. Dr. Hare invented instruments of such great power as well to deserve the names of calorimeter and deflagrator. The most refractory substances yielded to the action of the deflagrator, melting like wax before a common fire. Even charcoal was supposed to be fused in the experiments of Hare and Silliman, and the visionary speculated on the possibility of black as well as white diamonds. Draper, by his most ingenious galvanic battery, of two metals and two liquids, with one set of elements, in a glass tube not the size of the little finger, was able to decompose water. Faraday, of England, discovered the principle, that when a current of electricity is set in motion, or stopped in a conductor, a neighboring conductor has a current produced in the opposite direction. Henry proved that this principle might be made available to produce an action of a current upon itself, by forming a conductor in the whirls of a spiral, so that sparks and shocks might be obtained by the use of such spirals, when connected with a pair of galvanic plates, a current from which could give no sparks and no shocks. Henry's discoveries of the effects of a current in producing several alternations in currents in neighboring conductors—the change of the quality of electricity which gives shocks to the muscles into that producing heat, and vice versa—his mode of graduating these shocks—his theoretical investigations into the causes of these alternations—are abstruse, but admirable; and his papers have been republished throughout Europe. The heating effects of a galvanic current have been applied by Dr. Hare to blasting. The accidents which so often happen in quarries may be avoided by firing the charge from a distance, as the current which heats the wire, passing through the charge, may be conveyed, without perceptible diminution, through long distances. A feeble attempt to attribute this important invention of Dr. Hare to Colonel Pasley, an English engineer, has been abandoned. This is the marvellous agent by which our eminent countryman, Morse, encouraged by an appropriation made by Congress, will, by means of his electric telegraph, soon communicate information forty miles, from Washington to Baltimore, more rapidly than by whispering in the ear of a friend sitting near us. A telegraph on a new plan at that time, invented by Mr. Grout, of Massachusetts, in 1799, asked a question and received an answer in less than ten minutes through a distance