Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1824-04-23

| merca is one which, on other accounts de-
| serves the greatest consideration. And con-
graduate you, the committee, and the coua-
try, on the recent adoption Of more auspi-
cious policy tewardsit.
We exported in 1903, Indian corn 20 the a.
mount OF 2,074,608 bushels. The quantity
should have been, in 1898, 3,734,s88 bushels
The actual quantity exported was 74e034
bushels, or about one-Gfth Of what it should
have been, and a little more than one third of
whatit was more than twenty years ago.
we ought not then TO be surprised at the ex-
treme depression of the price OF that article,
of which have heard my honeurable friend
Mr.. Bassett complain, nor Of the distress of
the corn-growIng districts adjacent to Chesa-
peake Bay. We exported 1854 barrels of
beef IN 1908, and last year but 6l,4IS, instead
oil l4O,274 barrels. In the same year,tI8OS,)
we exported &c 6O2 barrels of pork, and last
year $3.50, instead ofl7S,8Sa barrels. Rice
mas moi advanced, by any means in the pro-
portion which IL ought TO have done. All the
small articles such as cheese, butter, candles,
&c too minute 10 detail, but important in
their aggregate, have also materially dimin-
'shed. Cotton alone has advanced Blu,
whilst the quantity of it is augmented, its ac-
tuai value IS considerably diminished. The
total quantity last year exceeded that Of the
preceding year by near thirty millions of
OF smaller expectation, exceeded that of the
last year by upwards of three and a half mil
hons of dollars. If this article, the capacity
OF our country 10 produce which was scarcely
known In 1880, were subtracted from the
mass OF our exports, the value of the residue
would be little upwards of SCI, 200, 900. du-
ring the last year. The distribution of the ar
tlcies OF our exports throughout the United
States, cannot fail TO FIX the attention of the
Committee. OF the S47,l55, 408, to which
they amounted Fast year, three articles alone.
cetton, rice, and tobacco,} composed toge-
Their S2S,549,l77. Now these articles are
CHIEFLY produced TO the South. And if we
estimate that portion of our population who
are actually engaged in their culture il would
probably not exceed two millions. Thus then.
less man cne-tifh OF the whole population OF
the United States produced upwards of one
hall, nearly two-thirds of the entire value of
the exports of the last year.
Is thls foreign market, so incompetent AT
present, and which, limited as its demands are
operates so unequally upon the productive IL.
bour OF oar country, likely to improve In Tu-
lure III am correct in the views which |
have presented to the Committee, il must be-
come worse and worse. What can improve
1t Europe will not abandon her own aeri-
culture TO ioster ours. We may even antici-
pate that she will more and more enter into
competition with US in the supply Of the w EST
India market. That of South America, for
ARTICLES of Subsistence, will probably soon van
ISM. The udtue of our exports, for the future
may remain at about what if vas last ear
5nt, II we do not create some new market if
we perseveTu In tie rxiating purs,liis ur ,pr;
culture, the inevitable consequence ni,st h..
10 augment greatly the quantity of orr pro
ouce, ana 10 lessen its value i'm the forcirn
market. Gan there he doubt on this point
Take the article of cotton, for example. WHICH
Is almost the only article that now rrmme
rates iabonr and capital. certain dpscrip
non oil iab"ur IS powerfully attracted towards
ne cotton growing country. The cultivation
VIII he greatly extended the aypr.qat.
amount, annually produced. willie vastly mo
nented. The price will fall. The more IN
favourable soils will then he gradually ahan-
uoned. And have no doubt that in "A few
years, II VIII cease to be profitablv produced
any wherenorth ofihc 5 9Th degree 0flatitnde
oui, In The mean time, large numbers Of the
coIton-growers will suffer the greatest distress
And whilst this distress is brought unun n,,r
own country, foreign industry viii he siin1ulat
ed by the very cause which occasions our dis
tress. For, ny surcharging the markets
aoroau' me price of the raw material being
reuuced, the manufacturer -hi he able 10
supply cotton fabrics Cheaper and the con-
sumption in his own country, and in foreign
nations, other than ours, fvhere the ,,o,,,e IF
the import must be limited to the value ofthe
export, winch have supposed to remain thr
same being prOportionally extended. there
WIZ De consequently an increased demand fur
the produce of his industry.
Speech TO be contihued3
HOUSE OF REPRESENTATIVES, I6
THE VICE PRESIDENTS ACCOUNTS.
The report of the Committee of WAYS and
Means on the claim ofD. d. Tompkihs, which.
on motion of Mr.. Cooke, was laid on the IA.
OIe q Gay or TWO ago, was taken TN.
nv = then moved to recUnnit the fenort
10 the Committee OF Ways and Means. with
instructions 10 report bill This motion hr
grounded on Tie fact, that 10 agree 10 the re-
Port Oi the committee would only leave The
matter where u was before. He proceeded
TO examine, IN detail, the report of the com
'h't'ee, IN part OF which he said he cordially
acqnIrsced, being " Hing TO make every inst
and even liberal allowance To This ind;y;iusl
and IN other particulars Of which he WAS of
opinion The government was not bound 10
make Gov. TOmpkins any indemnifcation
Whatever Hespecified the sort Of allowances
"nlch ne was disposed to make, and those IN
which he objected. lie concluded Tia cheer
Vahons by moving the Instructions 10 tl,e
committee OF Ways and Means. to rrport
bill, viz:
lst' 70 authorize an allowance Of inter
EST on all moneys advanced by D. ID. Tomp-
K fl on account OF the Unired States, from
ibe time Of making the advances until iIs re.
payment.
:. 10 profide indemnity for act,ial losses
sustained by him in rorseGuente of the (rnit.
Ell States failing to furnish him with money s.
treasury Notes, within the time stipulated
ana on account Of which failure, the lussos