Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1828-07-08

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tails OF some petty intrigue by which the farmer
uay be cheated; he has large capital, and mode
rate profits will satisfy him; his obj is never that
oil the mere adventurer, who would wish TO make
fortune by bold stroke; and who 20 often rains
himself and his creditors. Finally, he follows il
as a separate profession; he must be man of
enlarged views; he is constantly in the habit OF
watching the movements in the Political ,yorlL.
and he is by Tar the best Judge of the signs it.
times; and will consequently he bes, disposed 10
give the just price for the products ofth- farmers
10 such dealer as this will the transactions OK
the farmer be principally confined, whenever there
shall be an influx into State of the proper uuan
y Oh capital, aI,d thIs result will almost be- GER
tainiy broaght about by system OF Internal I'm
provements.
We are now anticipating from vague coniecfrr.
alone: We nave experience sufficient to prove the
justness OF our anticipations. When il was frs.
proposed TO cut the Great Erie Canal the inhabi-
tants on the banks OF the Hudson and Long Island
supposed, they should be necessarily ruined when
the productions of the fertile country of the Cen
esee should be thrown into the lew ork mar
ket The Canal was opened; these productions
were sent down the river, in even greater a,an-
titles than they had anticipated, thrown too n the
N. \ ORR market; and what were the ruipo,is CON
sequences? Why, that New York Immediately he
case much better corn market than she was be-
iore and how is this anomalous fact 10 be account
ell tor! Most assuredy by the influx capital ca,is-
ed principally by the improve men,s in the State
st is thus, that New York furnishes not onIv The
best market for the produce " ch floats down the
3 far
the products of the South Ca:ita is the real tall.
man which has achieved this wondrous result
One OF the Philosophers oil ancient times when
contemplating the effects of his own inventive
powers, exclaimed, 'tive me but a fuicrurn upon
which 10 rest my Machine and will NOV, ,b,,
W GRID. The Political Economist without the ar
rogauce ol the Sage OF Antiquity, nigh well ex-
ci"i, Give ine but the means OF raising sufficient
capital, ana VIII move forward in HARMONY hap
Piness and prosperity, ali The great interests of tho
Commercial World.
/
! Let US now but ask, what has been the situation
OF Virginia hitherto, consequence of not havint
proper exporting tow u: Most oi her product,
have heen FIRST sent oil to the Eastern States TO BIZ,
thence exported TO the foreign market. We have
IN some measure sat with folded arms and suffered
the capital OF other Staes DO the bsiue u.s. which,
! certainly our own capital will do when the i'm
proVeneht o Nirgiuia shall be completed. In con-
iIr,naiion OF this, let TO the Statistical An
mails OF Dr. Seybert (p. So lin 1899, the articles
ut American GTowt, exported from the ports oil.
Boston and Charestown, in Massachusetts wer.
estimated al S5i,OO9029 0i Ibis amount, the rice
cotton, flour, tobacco, slaves and naval stores ex
ported, not the produce OF Massachusetts amount
eH Ia more Than one halt OF the value of the mer-
chandiZc exported from the ports aforesaid II,
$50, The value oil the Domestic exports from Bo,
ton amounted IN 80 5SS,6 S0 of winch sum, ONLY,
,46H 1851 consisted Of the produce OF Massach,i
settS lie remainder, being than the half OF
The exports consisted OF tar, pitch rosin tuiren-
'!ie Hour, corn, rice, cotton and tobacco all OF
them products OF tie Southern States. In looking
ma Il large proportion to consist in products which
/ have been raised III the Southern States Thus in
. the language OF the Mathematician our products
IN getting 10 the European market have becn made
TO travel two sides OF the triangle, instead of TAX
lig Inc direct course. This we axe far from re.
pToJaiing: when Stale has not the capital for the
export trade, let the capital OF others carry il on
but, We are most certainly OF opinion, that when
the State eau raise its capital. il should upon
every principle OF Political Economy, be effected:
aud mat We should not dependent OH the capiai
OF others.
Now, what's the situation OF the farmer in this
State OF things, with rcgagd To the sales OF his pro-
duce! There i almost always a slack demand Tor
ms products. II.:rc is large exporting town i'm
the state 1 hc trade OF The merchant exporter is
mol distinct separate trade. The i,IuIcr is always
on the lookout Tor purchaser. Thc country re-
tail merchant becomes eX ofiicio exporter, not TO
the European market, for that hey You'd his capaci-
", bat to the eastern markets of our own country
ms Is trade Tor which, generally, he has no CT
I racliy; II Is rot his main business; his chic business
entirely disquaIities him Tor acting in this suhere
II prevents hiih from paying that attention 10 the Po-
tIcai world which the dealer i'll raw produce n,,,sr
always pay hence, when he engages i'll this bust
! tess, lac must buy cheap as possible; for his
Z average profits mast be so high az 10 indempifv
ann against the great risk which he incurred in
engaging III Il hazardous trade, VIII clI lac does not
I understand. Even upon tic most advantageous
terms, he with great reluctance ctI,arks his cant
/ tat II! trade Tor which lac Is not Qualified AMI
I nus NE Liincr - always grumhling NJ his mer-
ch'ut, because he Il not ready and willing 10 tai,
iiis produce This often drives the farmer 10 Inc
export trade for hias'll and peJlap. few others.
DC Is still worse qualified than the country retailer
ioI tins business. Fhus moves on most clunslv
the whole machine. The farmer frequently roIIinsr
his tobacco INTO iis sheds and suffering bis corn &
wheat u lie H his barn, until caen ai Injured l,v
/ the veFInin, because hc thinks sufficient price
: has not l'""n offered. These articles them he
800 g" u.uch dealt capital entirety uuemnlovnd
tliu~, your Coihfnt,Cc sIvy sstIis,ISs
! tOriiy shewn, that even il the Lower Country
shall continue to produce precisely the same
commodities they do at present, il..se Internal
: improvements VIII be of the Grst uiiity.
They beg leave =" conclude this brdnci. of in
quiry by quotation from that great -,,ge in tho
school OF Political Economy, Alein Smith,
" Good idass, Canais, and Nav; gable Rivers. by
diminishing the expense Of rarriape p,lt the re-.
mote p1't oi tie coGniry more nearly upon lc-
vel with hose ~ the ';cig GLIB urood of the town
they arc, upon ti)t account, the greatest OF ali
tnpOYcncuts tnoy are advantageous To tho
town, by breaking down The monopoly OF the coun-
try IN rs nc1SOJushO9I They are advantage
O.s, even, 70 That part Of tie country. Though
hey H:ioluce eono rival commodities into the old
inalNci, ili"y open many ncV markets to its pro-
ducc- Monopoly, besides, s great enemy To
good management, Which can never be universal
" established, buiin consequence Of that free and
universal competition winch forces every bodv
% have recourse 10 IL for t.ic sake of sclfdefence
" ifii not more thdn hity years ago, Ne wrote
Ia l1l5j .hat some d itc counties in the neigh
bourho0i Of London, pcuoncj the Pdrlianen.
] against 'hc extension Of tho Turnpike Roads into
.he r.m0tcr counties Those renoler counties
they pretealsd. from the chcapuess Of la.our
would be able TO sell tiog corn add grass cbeap-
fHas don. a.