Literary cadet and Rhode-Island statesman. [volume] (Providence, R.I.) 1827-1829, 1827-12-19

.""s' P"N'
SECRETARY OF THE TaEAsUaY's RepoRr.
The extreme length of this able document
prevents lis insertion in Our paper. The Secre-
,ary yves a very ALTERING account ofthe fnan-
cial concerns Of the ration:
srhe plblic debt on the first Of J%lnuary
1928, val amount 10 sixty seven millions foi'
ilnlr.I AL ,bir'een tho sand three hundred
aud se.rn,y seven dollars, having been reduced
sn,e bnu,ry 1928, twenty one millions two
hi'.I ed ,u1 u ne'y seven Thousand two hun
dred aid len doll ,rs. Those who fetfed the
experiment, sh, h government tried in 1924, by
III. ,,rif. passed. IN Nay of that year must be
convinced of the wisdom and prudence of that
measure"
On the subject Of manufa ctures. the Secre-
tary speaks at great length. and treats the sub
oct in the most mastery style. From this part
Of the do cument we extract the following:
Manrf,cures are recommen led BY every con
sidera,ion that can bear upon the riches, the So
curty, and The power Of The State. The effect
upon agricultural prices produced by the per-
petnai presence Of armies in a country, will rot
too strongly illus rate the extent Of the benefit
that the manufacturing class renders to The class
Of farmers. The parallel ends. indeed, here,
and ends benefciaIly; for whilst the soldier
does nothing but consume, the manufa c'ur-
er produces as we'll as consumes, supplying
the farmer with articles as necessary as those
which he receives from him. Manufa cturing
j. dustry advances the Intellectual, no less than
the physical. power Of a State, by the various
knowledge which its complicated pursuits put
into requisition. 1t ia the course Of industry
which must lay the foundation OF those arts
which tend to refinement in a nation, for which
intellectual nations, and none more than Re-
publics, have acquired renown. The time
has passed when objections might be made to
manufactures, from The limited amount Of our
population, and the dcarness Of labor. The
population, throughout large portions Of the
Union, is now sufi both in amount and
density, for any operations of manual labor;
willis, science, BY applying its Inventions 10 Ills
kind of labor has abridged its responsiveness.
Where a single State OF the Union has recently
been seen 10 complete a public work, which,
for it's great extent and skilful execution, may
compere with similar works achieved in any
part of the world, it will not readily be believed
that the country of which that State is but
a part, can be deficient in the means Of prose-
cutting manufacturing labor, however extended
the scale upon which i may be demanded.
The completion Of such a work (the New York
canal) is, Of itself, q memorial OF the highest
authenticity that the nation has reached a point
oualif, ing il for whatever undertakings its true
interests points out. and to which other nations
have been found equal. As little has the OBJ
lection to manufactures. founded upon moral
causes, any place; that they lead to de'erioa-
ton in portions of The people, IS not TO be adj
mitted. Facts, on the contrary. teach that The
ireest and mos, enlightened, as well as most
- .-u-f <.,atr.o ~ E.ra,a =
those in winch manufacturer bear the greatest
proportion 10 The other productive classes. Their
success beye,s industry. which 10 favorable 10
good habits. Il beze,s prosperity, which sup
plies them with comforts and raises up their
condition. Tho remark rests on general results
aside from partial exceptions. Ii - equally
borne out by iaci., that countries IN wi'icli
there IS an undue predOminance Of agricultural
population, a,e the poOfest, aud 'her inhabi
tants the most depressed Sailors, considered
as a class, have their lives shortened by The
hardships that they undergo. Yet, when vas
the alleged as a reason tor eX'irpa my com
merce! In like manner that GO equal ager IN
lit,, ng up tire condi,irn Of ma ions-hsnufac-
turing industry would be entitled to favor.
eve, # partial evils oscd from il, as these
maa. give way IN the scheme Of society 10 pre-
monde atiny good. Blu, ,:auihentic information
s,,fies The .uarlusiOn, that the pursuit Of man
ufa G., lures ends not 70 deterioration m u people.
bu, tue reverse, the policy mculca'cd acq mes
ne v force. The experience III lou Own country
confirms the accounts from Others, aud We may
be allowed % add the hope that the Inhuenre
of our political ins,nu'iO ions upon individual and
sociul life, will operate to keep up still more
the moral tone of' this portion OF our popnla-
ton, a. tune null plies 5 numbers
Remarks like the preceding are believed To
be JUS, Tied by the success which manufacturing
industry has already attained ~ the United
States, as far as il mas received adequate pro-
lection. They are conceived To he not less ap-
propr,ate to the design which Is entertained Of
recommending on increase Of that protection
where il is most demanded. There Is little haz-
ard off community ever forcing manufactures
moi adapted 20 its soil, climate, and all its 9th
er capabilities. Still less can the hazard exist
where the powers Of legislation are deposited IN
che hands Of those who are imbred with The col
lec,iye intelligence Of the community. Every
country possesses its physical characteristics us
those stamped by its Government. ITS laws, and
che leading wants and tastes Of It's population.
In these lie the causes that make up It's INNER
ant capabilities. for the pursuit ofsome branches
ofindusiry moro than others. Manufactures
once established TO the proper limit Of these, and
scope enough will remain for foreign commerce
in other commodities that will come into demand.
Tne demand for others never fails 10 increase, "a
increasing wealth al home enlsrges the capacity
TO procure them, and superinduces the new arr
tifcial desires that crave them. Wealth al
home, must increase, as manufacturing labor in
cresses. Money. as representing wealth must
!. increase. Since each year that witnesses on
4 increase in the amount Of consumable goods.
, must witness a proportionate increase in the
medium necessary to circulate them These
are truths too obvious 10 be .dwelt upon, and