Alexandria daily gazette, commercial & political. [volume] (Alexandria [Va.]) 1808-1812, 1809-05-04
For Me alexandria Daily Gazette.

gress laying prohibltory duties, and IN az
euing from that conclusion, will again ask:
Ia zuhat zoiH oltr negotiation end
Great Britain, locked out OF the CONT
nent of Europe, and the habitable world but
little more friendly, was ike Noah's dove,
without resting place; fatigped, worn
down, harrassed, it became her to conclll-
ate, to reconcile herself to justice, and she
conceded what we demanded, thinking to
.pro6t much by her alliance, to gather a
Golden harvest from our industry, cleaning
the utmost pickle of our wealth, by lnun-
dating us with her manufactures, setting up
her ware houses IN the heart OF the country,
and establishing the old order of lordly m
iluence once, more; but disappointed IN her
expectations, is it not reasonable that her
views should change; IT IS, what IS called
the balance Of trade, or when the export is
greater than the import, that has supported
the British government in Its expenses, and
40 enriched its subjects when this Is re.
-versed, when the beam turns against her,
when trade becomes, Improbable, may she
not close the account, and open a new one
son another leaf; may she not endeavor to
destroy what she could not obtain, for
whatever. she. looses an adversary gains, and
the 1. balance of power" being alwaysa ia.
vor;te text of hers, may induce her TO re-
sort once more to measures OF oppression,
-,,b;ch shall end in 1rQr: she gives us no..
thing through generous friendship-interest
tbe main spring to her action; and she
will calculate her loss in trade with us On
d.r orr restrictions twill be an eye-sore
which must be cured, aud i dread the re-
nedy; for why should she run oft her rich
.es into our pockets, and assist trade AREA
DIV so successful compettor, @hen, as sne.
NAV think. a war, with little more expence,
woI,ld DESTROY 1T, and il we use no. other
means Of combating her than an embargo,
It will be but slight injury, since It is only
she could not pay
for and If she could, to what end, since her
exnort would become so limited; anterior
10 the Spanish revolution she looked upon
that country and its colonies as an unsuitable
& market for her manufactures she has lost
the one, and her eyes have been opened to-
wards the Other; she finds no such latter
ing prospects present themselves the nearer
she approaches, bat poor, miserable, BIZ
goted people, too wretched to be voluptu-
Gus. too humble to be luxurious; and from
An account of the state OF trade to Portu-
guese and Spanish America, 1t will appear
in favor of the colonies.
While on this subject it will not be unapt
10 Glance at our relations with Great Britain
as TO balance of trade, as it has existed -
Flour, tobacco, cotton and haxseed are the
principal of our exports tc that country, be-
Ing IS. unit; of these the cotton and Haxseed
return to us with an advance OF as ten IS to
10 one, the balance in their, favor on these
articles being nearly equal TO the rest OF our
exports to that country; then we import neg
woollen fabrics, her silks, Ironmongery,
brass and steel manufactures, without even
giving the raw material in payment; ana
how are we to redeem this debt, to pay TINS
surplus over our exports BY the balance IN
favor of our trade to the continent, where
we export and import beyond the inverse
ratio we do to Great Britain; SO that were
we confined to the British ,dominions IN our
.cormerce, that commerce would not be
worth the. having; would be worse, d.
rect drawback on our capital, sinking fund,
a depreciation of our credit, which would
end eventually in bankruptcy; for it appears
from a. table of customs that our imports
and exports for the last years with Britain
is as soto 80, and .supposing the national
capital to be 2CO millions, In the course OF;
ten years We should be.reduced to beggary;
though the calculations may not be to frac-
ton, yet the fact Is, animpaireds; which de-
monstrates, that it is from the trade with
continental Europe that we derive our coma
nerical prosperity and individual wealth,