The recorder, or, Lady's and gentleman's miscellany. [volume] (Richmond, Va.) 1801-1802, 1802-10-13


iniprance, and the advance which the
northern merchant mutt pot upon the
whole cot, before he can afford 20 ieH;
but We pay for freight and inlaraace
from the north here / his advance,
wigh the, expencc of importation, can
nocbc eltinated at Ieis chan zen per cent;
perhaps it is great deal more
In addition TO this, the northern rner-
chant knows, that a merchant here can
not always cor,maad his capital, or even
half of 1t. He knows, in fact, rhar he
rnas a linall ritque OF never receiving
payment, and a grear one OF not being
paid at the appointed time. For this
too he viii be unidentified. From theie
circumstances The refule IS, rhae The
merchant here buys goods in Philadcl-
phia at Leaf { 5 per cent, deafer than
merchant In Penniyivalia. Il then our
in1portatloas from the north amount 70
K. 10000 per annun, We pay an an
nuity OF (. s. 500 for the privilege Of
having bad laws. Is not this d;isracefnl
as Il is runousS
our infeFcourlc with Btltain IS regu-
lated by the fame principles The
northern merchants buy goods there 10
SHluch Cheaper than we do, thar the
merchants of this fate who import from
the north, can afford to ftll as cheap as
thoie who import directly from Eng
land It this be really a fa6e, and il is
believed TO be 70, the people of this
ftate iuitain as grcat a lois on the
commodities brought immediately from
Europe iuppoiing chem TO amount to
(. <5o,o as on ti,oie which come
indirectly, through the northern ttates.
ihls calculation, If correct, adds T.
$1,000 more to. the annual iacrifca of
the revenue OF the country.
In our doneaic trade, the cohfe-
qnenees are equally pefniciots. In
every buhnefS, thoit. who profecutc il,
mrtt at laat find a flIpport. The Grade,
mutt calculate che rifque OF tru(ine cur
his properly. This rifque, whe rfaef cal
culared at or (. 10 per cent. Is
ADDED TO the price Of the goods, ard is
paid by the pun6tual and induRrious
part OF the community. If therefore.
our total lrnportations are eltirnatcd at
s. 5oosooo, per annnrn, and the riR
aforementioned is valued sc TX Der
cent the people OF this fate pay +.
10000 every year for the INDULGENCE
afforded By our laws 70 Incidence, OF
dlthoneity. iSurely, therefore, nothing
Can be more obvious, than the truth Of
This petition, that it is not the interef Of
the cornmoa#calrh to prevent faies on
credit, bur TO dirniails as much as poi-
ilbie tho hazard attending then.3
Il muf here be remarked, ti,ar the
calculations which have been made, are
nor given as being perfectly cores.
Accurate information on rhe points here
noticed, cannot be obtained, but by a
mode OF enquiry, which the writer had
no time 10 purile. Eeis luhcient, if.fhe
important facts which have beco men
toned, are aicribed to the caldc from
which they really arile, and if rl1e out
line is exhibited Of the rniGclIief which
they produce
But this is only a partial view Of the
iuble6t. The Germs or which We feu,
are as Injurious as thofe on which NC
bay We have been indi(creet or MA
fortunate enough 70 reverfe the frf and
cteareit principles of commerce, and
under thepreicnt arrangements, we fur
tain annually, lois on our exports,
nearly equal to the tax with which il has
been ihewn, our imported goods arc 70
unnecefarily burthened.
a Considerable proportion ofthe pro
aucc ct this itate is fenr every year TO