Mr. BANKS. Again, sir, consider the question in another regard, which is moral and mental. Mr. Oliphant, a member of the British Parliament, said in a public 5 eech the other da that in religious and seen at education the U.S. are ahead of the whole world. It is well known that we appropriate more money in public education than all other States. In this Exhibition of 1867 education will be a material feature; and it would be a crime if the nations of the earth are to be Represented in point of education, that the government of the U.S. should not be properly represented and the same is true of the public press of the country the American institution which gave in 1860 4000 journals and 1,000million copies peranuum, and no" yields double the number of copies, or 2 a week for every person in the U.S. New, sir, in tiiie court of nations, these facts will make an imression upon the world in 2 respects in which we have much interest: 1st, in regard to our finances, and 2nd, in regard to our population. Capital is proverb ially heartless, and will go wherever it finds material for safe and profitable investment. European nations are insecure in their political relations. We are secure if we settle our domestic nffairs, as I have no doubt we shall We will show in our mineral develoment, in our increased cotton products, in teextension of ourcereals, such an absolute serenity in reference to the payment of our public and private debts, as to deprive the capitalists of Europe of any, even the slightest, apprehension in making investments in our country. I say, and I think without exag oration I know it is a strong statement that am about to make if the Government of the country should issue its scrip in small sinus, paying 7, 8, nine, or 10%. interest, with a ful and fair representation of our may terial wealth and the character of our people to the people, it would break every savings bank in Europe if the Governments did not interfere to stop subscriptions. Look at our population, air, and the great area we occupy, as elements of wealth. The territory is equal to that of Europe. It is sufficient to support 1,000million people. The valley of the Mississippi alone, with its tributaries between the mountains, will support 1,000million people po ulated as Lug Iand is, 333 to a s uare mile. It will yield all the products of urope and Asia. lea and coffee will grow in the Southwest, and with grain grown in the Northwest, inten or 20 years the whole world will look to America for food. Our population is keeping I)IO"XSSwith our advance in material wealth. We had 30 millions of poulation in 1860. very 30 years we double our population as is very well known. France has increased 37%. in 60 years; Russia has own 115 %., and ngland 131%. in the same time; while the increase of our population has been 593%. With freedom recognized as the condition of all, in 1876, a century from the DeclarIndep, we shall have 50 millions of people, and at the close of the century 100 millions. In 1950, notlong distant, the population of the present territory of the U.S. will equal 250 millions, nearly equal to the entire population of Euro e. In the hands of such a people the wealth that appears now will be as nothing. They will have penetrated the earth in every direction, and brought to profitable investment and useful purposes many now hid den sources of future wealth. We have, as the 1st element, emigration; and 2ndly, financial security. Emigration thus far in this country, though a prolific source of our strength, has not been altogether what it should be. The SecyState, as the Speaker of the House knows, sent to us a communication the other day, showing that crim inals wereliberated from imprisonment in the Old World on condition that they should come to the U.S. It is a well known fact that early emigration was of a character which would not be said, at the 1st blush, to be desi rable; but in the providence of God it has been of the 1st advantage. We have never yet reached largely the middle class of Europe. The German States alone, with a population of 50 million, and an annual increase of 600,000 souls, can send us 500,000 people every year, mainly from the middle classes; men to occupy our land, men who are skilled in all human pursuits, in wine culture, in the mechanical arts, in the myster ies of mining. Skilled labor is the want of our country, and will furnish, if it can be obtained, an inapsreciable increase of industrial power and pronot. We paid the revolutionary debt in 45 years. We can y the present debt in less time. Whether it c 3 or live or even 10,000 millions with such aid and increase of productive power our debt will be paid, every dollar ofit, at the day it is due. Mr. Chairman, a fact like that stated to the people of Europe opens the door for the emi gration of the middle classes of people, who can neither buy land iior open the heavily closed ranks of privileged classes that exhaust the resources of) the people and monopolize the wealth and honors of the country. With such accessions to our numbers we shall be able to discharge our duty to our government, relieve our people from their taxes, and make known to the world the value of the services of the illustrious men who have died in the defense of the country. It is in such a contest as this that men and nations win honors thatgive the miinmortality. Warisbutatriv ial thing compared with the developments of once, and if showing what we are capable of in war, we forbear to show to the world what we are capable of in peace, we shall bring upon us dishonor rather than an enduring fame. The pOsition of Americais marvelous. When we group these facts that are known to every man they seem ineredible. But the other day the Emperor of France stated to the French Chamber of Deputies, to recommend his government to his people, that the constitution of France was not unli rethat of the U.S. In the university at Cambridge a professorship has been proposed for instruction in the principles and, history of the American Government. It is a duty we owe to other nations, as well as to ourselves, to show them what we are. Why, sir, there is many a man among the educated classes of England and France who does not know that we speak the English language. In teelementary text books, the U.S. isgiven an unimportant position, such as we accord to the South American republics, or other distant and comparatively unimportant parts of the American continent. It is only where the people are able to speak for themselves, that the Governments of Europe will ynderstaud what we are, and their people be able to comprehend our institutions and assert their rights. I am sorry, Mr. Chairman, that I have tres passed so long upon your attention. But for the very earnest opposition, apparently, of the Gentfrom 11 ine is, [Mr. WASHBURNE] to this simple, harmless resolution, reported by the ComForAffrs, I should not have ventured upon these remarks at all., It was not my intention when I rose to trespass long, and I conclude my remarks by one single suggestion: that whatever power we have in the field or in the workshop, the true power of the American Government and the American people is in ideas; that the lesson which the Old World has to learn of us, and the lesson which we have to learn ourselves, in order justly to appreciate our own importance and character, is, that in the econom of this world ideas are better than blows, an brains better than blows.