November 14, 1857
1 min read
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The mutiny in India is likely to affect disastrously a vast amount of progressive industry. Within the last twenty years, the amount of the products of other countries consumed in India has increased from $20,000,000 to $85,000,000. and her native productions have more than kept pace with it. Every nation that trades with her becomes her debtor. In 1835, the surplus produce of India was $40,000,000; in 1856 it exceeded $125,000,000. Last year the balance due India for the excess of the exports over the imports was $41,000,000. The specie importations have increased from $14,000,000 in 1846 to $62,000,000 in 1856. The present war puts a stop to all this trade.
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