In Maryland, exports, $9,001,600, foreign imports, $9,784,773;
total imports and exports, $18,786,323; clearances, 174,000 tons;
entries, 186,417; total of entries and clearances, 360,417. (Table 14,
Register of Treasury.) Thus, the foreign imports and exports abroad, of
Massachusetts, were much more than triple those of Maryland, and the
entries and clearances very largely more than quadruple. The coastwise
and internal trade are not given, as recommended by me when Secretary of
the Treasury, but the tables of the railroad traffic indicate in part
the immense superiority of Massachusetts.
These statistics, however, prove that, if the earnings of commerce and
navigation were added, the annual value of the products of Massachusetts
_per capita_ would be at least $300, and three times that of Maryland.
In estimating values _per capita_, we must find the earnings of
commerce very large, as a single merchant, in his counting house,
engaged in an immense trade, and employing only a few clerks, may earn
as much as a great manufacturing corporation, employing hundreds of
hands. Including commerce, the value, _per capita_, of the products and
earnings of Massachusetts exceeds not only those of _any State in our
Union_, BUT OF THE WORLD; and would, at the same rate, make the
value of its annual products three hundred billions of dollars; and of
our own country, upward of nine billions of dollars per annum.
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