Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1824-02-10

the name of the people Of South Carolina, as
well as OF all the agricultural states, utterly
protest
Signed by the Committee.
Examination Of Judge COoper's" Tract on the nodif-
cation ofMe Tariff"
| NO. III.
Ia Europe has been long decidedly settled,
on full argument, both among theoretical and practical
men, that government has never at any iime any country
'efered 10 regulate and direct the employment of private
capital without producing mischief agitation OF such
question this day. is unlocked the history
OF political economy" p. 8.
There scarcely was "A more errone ons i,osi-
ton, one uniformly cOut, addicted nv the ex-
ptfience oil NATIONS, Than thus, which is advanced
with all The confidence which the best esIabIisle ed
facts could inspire. As thus is u cardinal puin, ON
winch The merits OF this great question turns,
shall enter into some detail on il. But first think
II necessary To define the % dirscinp fbe en-
piownem cf Prirdte eo'iidi" THIS must meau The
| imposition OF projecting duties, or giving bounlies
| otherwise il should have no place here Now lie,
us unfold lie historic page To test ibis grand pos,u-
! latum.
| When Edward w. assumed the Englis, sceD,te
England was in very low.siate, as regarded ar,s
| manufactures, commerce, aud general prosperity
| She depended upon her continental neighbours AS
we do on Europe, for some of the articles most ne.
nessary for comfort among The rest for large nor
! ton eli her clothing. Her wool was shjpued IN
(Hs cOOn rs 10 Europe. )--heTe work
ed Upland returned IN cloth three four five and
ien-lold lis o, ginal value. Flanders was then one
OF the richest and aourishing countries ,n Er-
| rope-Engiand among the poorest. Edward as wise
| prince as ever welded the English sceptre saw
The ni'er 'mpolcy of the systen aud once applied
remedy. tie prohibited the introduction of =, pr.ar
variety OF ARTICLES, above seventy anon. vhich ,h,
most conspicuous were woolien cloths manYf,r,ure.
OF leather, iaces, silks, and various kinds of iron
wares. Here was instance of 90 u REGULATION ana
| ." direction OF he employment Of pirate capital,
which, as Judge Cooper uuquallfietiy states g me-
. rer ~ any time, IN any cotufrY," took place
3" todhom producing mischief" YET unhesi,a,iupk
appeal To Judge Cooper aud 10 his friends whether
IN THIS particular instance, produced mischief "
They must answer distincdy-No. IL first laid ac-
cording to the concurrng testimony OF all the s,n-
| rams and political economists who have written nm
the subject, the solid oundal ions of the prosperity
England. Her wealth, formerly avisled in Elan.
gers ana France, was ihenceiorward retained AZ
home, to promote her internal industry and add TO her
national resources. And great numbers of The most
valuable of the productive classes of socieiy WIN
had worked for England abroad, mmigraied INTO
that couauy, and enriched il by their talents, tl,ei,
industry, and their capitals.
might rest the cause this single case as il is
decisive and irresistible II proves beyond the now
er of cayil doubt, that Judge Cooper : pronns,tun
the basis OF his system, is radically and incuraIy
| erToneOus aud that the interference OF government,
10 protect industry 10y prohibitions, only does moi
produce n'ischisf,' but is fruitful Of great and last
| ing benefits.
But " TO make assurance doubly sure" I shall
add other examples equally conclusive.
Great Britain has more recently ner|ered 10 di-
rect ne employment Of pirate capital IN The cotton
and silk branches, 10 pass over all others Let us
see the result. She raises no cotton Her manu(ac-
lures Of that article in 1888 were only EgG0OOO s,er
ing BY protection, and directing Tie employ
" msnt Of pirate capital, has arisen TO 40, 900 900
pounds, or 100000 last year. and the mere ex-
port was according TO the official returns, 2lG39 900
pounds. The domestic consumption was about the
same. The raw material cost her Only S22 500 900,
leaving clear national gain oC g Isl 500 900 How
were these magnificent results accOnIplished-fh
greatest product OF human industry ever ohfaiued
from - single article BY what is uuanfiy and ".
iupeIai'Vely termed directing the employ merit OF
" private capital. Thus the profitable employ fncnt
of 800 900 people, and "a national gain Of g I57 -
OOO,OOO, result from measures which Judge Cunpef
gravely informs US, have never been adopted IN an,
country without producing mischief" Such is the
discrepancy between Pact and assumption ~ the
writings of the followers Of Adam Smith as well as
10 those of their great master himself But for the
" interference so much deprecated by those gentle.
men, the East Indies, where The manufacture has
been established three thousand years, and where
labor IS cheaper Than ~ any other part Of the wor
would continue TO supply Great Britain with this Az
ticle drain her OF her wealth and deprive mil
lion aud half OF people of profitable ea,plnvfeut
Ony observe the immense contrast. ~ The present
Great Britain lays almost all the unt.ous of the
world under contribution hy ibis important mannlac-
inre whereas, ~ The other, she would 10 drained
OF her wealth, hnd instead of exporting COTTON Goods
TO the amount Of S97, 100000 per annun, woun pro-
badly import 70 the amount Of third or a fourth
pat OF that sun.
Again. BY " The direction 0f Tie employment RI pri-
roie capitol she has losrcrod The SIR nanuficiure
10 such exeni thai ITS product last year WAS forty five
million dollars.
~ word, Great Britain owes her immense gu
perIoriy the other nations Of Europe, IN point
of wealth. power aud resources, 10 this single cause
Tier government - expensive. LabOur is dcarer
here Than the continent, where the peopie arc ~
ndusirions rs the English, and Great Bfiisin does
not enjoy natural advantages equal several OF ihosc
ns'l0ns. Bot The vig liant protsctos of the nauouAi
manufacturers has so far advanced her weal't now
MscpbcfsOi7, honals Vol ~. I. D.. ~