" 80,997,619,500
1901, " 110,966,837,715

UNITED STATES.

1860, wealth, $16,159,616,068
1870, " 36,593,450,585
1880, " 82,865,868,849
1890, " 187,314,353,225
1900, " 423,330,438,288

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
in