Constitutional Whig. [volume] (Richmond, Va.) 1824-1832, 1824-05-07

tories OF the Northern uptes to illustrate HE nos;
non mat these establishments were peculiarly pros
porous, when carried with the ADVANTAGES O
| skill ana capital. MIR. H. proceeded to CONNIE al
upon the operation of the former dutie, levie
cotton goods, and to state the losses of trade ard =
revenue which had resulted from those duties n,
expressed his belief that very much of the dstres.
y, 'ne country had been superinduced by the act al
1870 which imposed heavy duties on this article
ne theh adverted to the very small amour, of cot
~" goods exported from the country, and ayerred
tiat the manufacturers could not conpete with the
nritisn, III the South American markets, when they
cahhot DO IN our own, without these excessive du.
ties. tie insisted that England would not take our
cotton, unless we purchased her goods; and that
.his act would be followed up by countervailig d-
ties, on the part of the British government He al
iuded to the example of England in relation to this
pohcy OF levying protecting duties, and reverted to
the circumstances which had made her n great M.
ZION. Her national greatness was not the result of
nor manufactures alone, but of the gradual and
continued growth of all her institutions, and of all
ner different means of employment. He drew a
comparison between the machine labor in England,
and the agricultural labor Of this country, avau-
taSeous To- the latter. He spoke of the general
course Oh labor, to seek its level. Mr.. f. then
advertcd to the frequent remark respecting the en-
couragcment given to commerce, and to show that
other national purposes authorized the laws confn.
Ing the coasting trade toAmerican vessels. The la
imposing discriminating duties, merely to nut
our vessels on footing with those of foreign nations
tie drew a comparison between the protection that
the government had given to commerce., and that
which had been extended to manufactures. He
spoke of the prohibitory duties which had, from
time TO time' been imposed in England; review of
winch, he thought, would demonstrate clearly the
lmpoiicy of encouraging the growth Of manufac-
lures by such means. He stated that one hundred
diferent acts, having view bounty aud restric-
tion, had been repealed by the British government
lie read, from the recent proceedings of parliament
10 support his argument, and concluded, by begging
gentlemen to pause, before they adopted thc ,nea-
sure, IN relation to article of such great inpor
lance to the country.
MIR. Dickerson replied to Mr.. Hayme. He had
great confidence in the legal talents of the gentle
man from South Carolina, but thought that he was
not ;c best person examine cotton actories
few individual instances in which these esta bsh-
ments were prosperous, he thought ought not to be
taken as a sample of the wholc-he spoke of seve-
raj in New-Jersey, which i'll very different
situation. He thought the tariff of 1916 had been
very beneficial to the country-and proceeded to
recount ITS benefits. He conceived that it would b.
injury to the country if the coarse foreign cot
tons were excluded from it, No one great employ
ment, MIR. D. said, could give nordinate profit
for the capital of the country would Immediately be
invested init. He alluded to the remarks of Mr.H in
reference to the loss which the country had sustain
ed IN its revenue in consequence of the of 1915
lie hoped the time would arrive, when we should
not derive such heavy revenue from importatons.
He contended that foreigners would always take
from US what they want, of cottous and other arti-
Giles, and no more He considered the revenue of
no Importance to this question. He advertcd to the
general distress and bankruptcy which existed in
the country. These bankruptcies had bees produ-
ced by excessive importations, and the balance of
trade being against
Mr.. Macon next rose. He was surprized to he ar
persons from the rich and fertile country the wes-
tern and middle states, eneavoring to impress ,pon
Congress the necessity of imposing taxes on the
poor country in the south. He spoke of the gene
raj poverty of his part of the country, particularly
in regard to soil. He alluded to early marriages
IN the west, as criterion of its prosperous situa-
ton. He had always been, individually, patron
of American manufactures-but he wished to be n
volunteer i'll that cause-he had no idea Of being
forced into it, He spoke of the folly of surprising
this nation was to become great in consequence of
its manufactures, because England had become so.
He had rather see the people living upon their own
lands, than pent up in manufactures. He wished
to the people independent in their mode of nv
ing He did not believe that manufacturers were
more industrious. than other people. He deni-
ed that this was for the good of the
nation. When the people used the word nation on
this subject, they generally meant themselves. He
said he dIsiked the tax cotton baggiug as much
as this; and should call the attention of the Sem
ate to that subject again. MrM. again REQUIRED to-
and remarked further the poverty of the south
ern part of the country.
Mr.. Lloyd, of Mass. spoke in support Of the a
mendmement. He replied to the remarks of MIR.
Dckcrson. He believed there had been, at no time,
more specie in the country, than at present. He
spoke of the low rate of interest which they could
be obtained. He asserted that, TO the best of his
knowledge, the cotton manufactures of New En-
gland were generally very prosperous-and spoke,
particularly ofthat at Wathan,; with the history of
WHICH, nc was more intimately acquainted. He re-
lated the manner in which that factory was cstab-
lished; and read minute of the dividends profits
that had been made by the establishment. Mr., L.
stated, that stock 10 that factory had recently beer
sold ar 50 per cent above 'partllis institutions he
said, had been established without foreign aid, and
he believed but one foreigner had been employed
in it.
Mr.. D'Wolf rose to speak to the question, but
gave way to motion to adjourn; aud
The Senate then adjourned till ten o'clock to
morrow.
From The NJ Y. Gazette, april 90.
The shin ,OSpoN Morn, hoyino criIoJ fro,,