Virginia Argus. [volume] (Richmond, Va.) 1796-1816, 1815-08-12
OGBBETT dolly.

&rtrast from cObbstt's Register, of .shy 90, re-
lespsd az IRE ssice of the National .8tiuocate.
10 TIE FUNDHoLDERs.
On the surpassed approaching ,rar against
EfGRce.
Ofall the classes Of people in this country you
appear to me 10 have been, and still to be, The
sost pn,sgu.6 ed, as TO all questions OF tolitcs,
and especiaIiy ~ 20 the important question of
peace or war. Iwili now do my best to enable
souAo ludr correctly upon this subject, as far.
a, Ie.lst .s ,o;r interests are more Immediately
connected whit.
Yolr Z eat chsu teristic sanxietv for the safe
t, ot->N rrpcrtv bu' though selEpreselvatio
i the first of natures laws, and though, N gen
al .,, ...iviC aih 10 Little else, are extreme
ly alive . d even very sk.liul, IN cases where
der own interests are at sake, you do not APP
rear to me to perceive how YOUR IN erests have
been. or how they VIII be affected by war.-You
enterta.n sor, Of vague apprehension, that I'M
less Napoleon be destroyed, you shall have your
properly t.Sen away. You look 10 the govern
ment, that IS, IN Your sense OF the word, 10 the
mlnisi q ior.the time beng, the guard an OF
your property Hence YOU are always found on
ther side OF the question of wal, or peace. II
the, So, war, you are for war If they say peace,
. you are for peace.
On tie subject of the corn bill, you were
1el ust the INNS ers, because that was ques-
ton asyou thought, involving no danger to your
property But, IN fact, you were more interested
" me passing OF the corn bill than any other class
Of the community &, in ez aiming this seeming
uaiadaS to you .hall, in the easiest way, intro
duce the remarks which propose to NIKE with
regard to tile effect, which war has upon
p Abe quail OF your property, and upon your
chances of security, or insecurity.
What You most desire is, to have the interest
of your stock regularly paid in full, and 10 pre-
vent insecurity 20 yoar capital Your interest is
rad almost wholly, and indeed entirely by The
land You will start and swell here, and ask
vhettss, commerce and manufacture s, and ira
tiers, and professors, pay nothing Yes they do
:. but they pay precisely in proportion to the
prosperity Of agriculture. That is to say, in
Iroport on to tie height ofprces II the land,
out Of when al the & eat receive Their increase
: and all The finers and all the libqrers receive
their profits and Their wages, yield little, little
can all these paw to tradesmen and manufactu-
,ers, little will be the profits of commerce and
Professions. When wheat was twenty sh Kings
, bushel, the landlord and the farmer had three
times as much money 10 lay out as they have
row. Hence IL epresent universal cry-out abSut
.he dlIlness of trade /; hense the numerous bank
,uptcies hence the stsgnation of commerce and
n anufsculres.
Though. therefore, aaree most cord ally with
VoIIr oDO9st ONlO me cOrnD u. ne grounds
,four opposition were 5iF rent indeed knew
that corn bull was necessary to enable the land
90 nav the sum of taxes demanded BY the govern
y ent but wished the sum of taxes 60 be d.
I, inisbed You wished TO have corn cheap, and
The sum of taxes rot to be diminished. These
two, together, We're imposslb BILE. They could
rot, and they cannot, co-exist. If you are ask
ed. at any time, what security you have for your
troperty, do you not always answer, that your
security is on the land of the nation DO YOU
! OF saw, that the estates of all the land ownels
e mortgaged TO your This IS great mistake
- forit IS only the revenues which are mOrtga
6 d TO YOU but to obviate all difficulty upon
This score, take It for granted that you have 4
Iona fcie mortgage upon all the land in England
en- IT, theI, your Interest, that the land should
be unable to pay your annual demands The
land, upon your principle, is partly yours. Can
YOU, then, be ga ners by IT'S produce beng depre-
cia ed A certain farm, for instance, pays hun
cred avear towards your annual demands. IL
produce fAl so low as 20 sable this farm from
paying you more than fifty pounds year, how are
yon TO be pad your dividend in full : Hence II
Is clear that the corn bill was more for your pro.
4cction than for the protection of the farmer.
who really eats and drinks Of his own produce
Your expences oflivng would keep pace With
the price Of eproduce of the land. IN the end.
the thing might be the same but, if one half Of
YOUR dividends was deducted on account of the
fall in the price cfproduoe, you would soon dis
cover that a Com bill, or any other such mes
sure, was more for your security than for that Of
the farmer.
But what is Il which has rendered high prices
necessary to your security War; War, which
has augmented the taxes on the land, to be able
TO pay those taxes must now have high price
for its produce. War, Therefore, has been your
great enemy and not the landhoders and far
msrs, as you have been taught 10 suppose.
To COMO farther, therefore, you above all peo-
pie, ought to regret the renewal of war You
cry out sgainst those who are opposed 20 war
you accuse them Of sedtious, and almost Of trea-
sonsble mouves,--And for what Because you
look upon war against Napoleon as necessary to
she security ofyour property when the fact 49,
IS will now proceed 20 show that war h.s
teen, and must be runous to that property, which
though no part has been violently seized on
which, though you have still continued 70 re.
oeiye your dividends to tic full nominal amount
has imperceptbly passed away from you to IL,
amount Of more THAN one half ofwhat you really
possessed in the gear 1902. Your property ha'
passed from your possession in two ways first
n point Of G. edit or the value Of the capital -
and next, As 10 the currency IN which the interest
Il paid. This viii clearly appear from the fol
loving siatemsnt oftse price, the settled price