Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1828-03-25

state OF things, when she has forced her man
fractures, through every channel, in all quarters
OF The world accessible TO her enterprise and fur
nshlnS any suitable commodity 10 give in -es-
change, what will be the effect of excluding from
our markets nearly ten millions Of her nanuiSc-
turesi
j, VIII, undoubtedly, throw upon her hands that
amount OF manufactures heretofore given ptinciS
paiiy, IN exchange for Our cotton. and which will
be oil no value TO her, if she cannot obtain ane,y
market Tor them. ANY market. therefore win he
better than none, and it will be her decided inte-
rest 10 give high price for raw cotton to coIIn-
ules that VIII take, in exchange for it, the man
uidctures prohibited by our policy rather than 10
give even much lower price for our cotton when
VIC refuse 70 'a@c the oay production she has 10
give IN exchange for 81 When therefore W.,
exclude British manufactures by pro!ibitorv du-
ties, no retaliaory acts of British legislation VIII
be necessary 10 deprive Of the British demand
of our COTTON, to an equal extents Ii will result
Iron those iinmutablc and sclf-sustaininr laws OF
commerce, which stand ready toivndicate the free
dom Oh trade, and avenge its violation The com
n'tee arc aware OF the prevalence of the opinion.
tiiat treat britain must purchase our raw cotton
whether we take her manufactures or not In
confirmation Of this opinion it is said that Great
britain, even now, purchases that staplc from,us
only because IL is her interest to do So and be-
cause we sell It cheaper than other nations. This
Is, undoubtedly true. But it is equally true that
the reason why il is her interest TO purchase from
us, ana why she takes from double the quantl-
~ she takes from the whole world besides is he
cause we nave nIthcrt0, been her best customers
As long rs we continue 10 take her manufactures
II wli toe her interest to take raw cotton from ms
plt no longer. lie cotton of any country that
VIII take her manufactures, viii he cheaper to
her than ours, il we will not take them
/ This obvious principle Of trade connected viii,
TIE actual state and capacities of the other cottoe
growing regions ofthe world will abundantIv n :
vince me imminent jeopardy TO which the inte-
resi- OF the cotton-gTowcTs in the United States
VIII be exposed by the proposed prohibition OF To-
/ IeISn manufactures. The principal countries "a
daPted 20 the production of cotton besides ,ho IL
niied states, are Brazil, Egypt, Greece, and The
East and West indies. Aostof these have Iaten4
capacities, OF indefinite extent; for the proiuct,on
OF cotton capacities, which only REQUIRE Tho eli;
EsI!us Of foreign demand, foreign carital and fa
reign enterprise, 10 draw them into produeti,,e
ACTON II Is equally important to remark that
they are all countries not likely to eInbarl, in H..
business OF manufacture, and in which II win Fa
no difficult matter Tor Great Britain ia IifY,ss
taste Tor her manufactures They are precisely,
most peIiious TO the American cotton Grower II
requires nothing but the motive of interest IN IN
duce Great Britain 10 apply all her political in
litehcc her manufacturing capital and hey
Commercial enterprise, TO stimulate the product;ve
powers ot Egypt, Greece, Brazil, and the East In
dies, to the tul extent OF her demand for rotton
!! we pgohuit her manufactures we shall furrisj,
Ier Wilh That moiyc. She will estabiisia trade ot
profitable exchanges with those countries, and. he
ms driven by orr own infatuated policy 10 obioi.
raw cotton hon them. she VII: cease to p,rrckasn
ours, 10 The same extent.
Onder the peculiar circumstances Just stated Il
Is mol presenting tie TOO strongly to say, tj,ot
duues upon the expectation of cotton cnuivalcn. =
thos1 which ii IS proposed 10 lay upon the mann
4aott'res taken in exchange it. wonld moi NOR
eei'aiy' or TO aGreater extent, ograil the exp9e
The Committee win now exhibit an os,;,,,,o &c
the Toss which will be sustained by the growers nj
cotton in this country. 1t viii be quite ,V;,r;,
limits TO assume that, OF the ten millions o. manu-
ID q Z I Iaa a.rrI.,. III
Ii1ltory duties SIX millions are now exchanne5f,-
our cotton, and can be exchanged for not,ine else
EsumalIn5 cotton at ten cents pound six mil.
lions OF dollars will purchase sixty millions ri
pounds, which IS equal TO 300 600 bales ave,ap
ing three hundred pounds. Il thus appeara that ~
American cotton-grower viii be deprived by tb,.
proposed prohibitions, Of foreign market for i,ear
y one-l0uTth OF the entire production of that staue
IN 'he ~ states, amounting, in value TO six mil
mons or dollars tut even ibis view does not aivc
any thing like adequate conceplon nj no Ios,
That viii be sustained in the annual income of ~
nation, by depiiring the cotton growers of tbeiyac
cuslomcd plarket. The whole of the SHINING n nj
commercial capital, employed in transportinn tIis
cotton TO Europe, and the merchandise received i,
exchange for il, 20 the IT, States will no threw,
out oi employment; the annual loss that will le
sustained by The shipping interest alone NAV he
estimated nj = 100000; consisting of the f,col,.
aud other charges Of the cotton and rnercI,ni;,
mutually excluded. The annual loss TINT win r,.
SUIT to ;he commercial capital now engaged in &c.
us ''lc tN'i'-t OF our cotton Tor the prohibit
cd manufactures, may be estimated ut 81 O00 0A0.
consisting Of the profits Of Tie exportilr and i'm
porting merchants. These surns united win ~
hitnt loss OF 50 500 600, in addition 10 tbaf s,s-
thncd 10y the coton-growcrs, and falling almost
entirely ON the sip-owncrs & merchants in N,
Middle & Northern States
u mus appears that the growers Of cotton ami
TIE ship owners anIiucTcants engaged i'm it frar
Poria'ion viii sustain annual aggregate loss rs.
sso,7p"s"VJ, IT avery moderate estimate bV thed,
'ycc' Hinpuidon resulting iroir, the proposed proii
hlioty duties, 10 addition 10 the increased burdo,
tbcy VIII have 70 sustain, n common with he rcs.
OF The community, from the enhanced priccs -
manufactured q other atGclrs
But ihc loss sustained 10y the country in eonec
qncucc Of that Inflicted ON tic cotton growers d
notstop here. "li ltouse the langudge ofte Se6fo
t9Fy OF tie Treasury shcro can be no dissent fro,
the mazin, 49, between different parts Of The ear,
iaiIo" tiN The prosperity Of onr promotes thaf og
another ~ cannot ho doubted" in the opinio,,
OF the committee, "fhat ihe ruin of one bv the err.
Tois o human icg,lation, necessarily involves fI,,.
INJURY oil another" Both braurllcs of Ills orofoe
uon' introduced by tl'c Secretary with a very dis
icTent bearing, are stribngly illustrated bv a.,
large participation OF other parts Of tho Union ~
the prosperity of the cotton growing States and t.;
the injury they are destined 10 suffer il thc -o,,
posed tariff bali be adopted
Tic result Of iuquii's, directed 10 practical r,,
ami OF estimates. founded upon their Statements
WARRANT TIC committee iu expressing tie opitior,
U"i i1c cotton growing states import from ftc
I ihinuHciJfn9 states, great variety Of arfi,Ic,
/ exclusive oi the manufactures Of cotton tycol -
ron aud consisting principally Of tho prodnc,,o,e
OF hc SOW amounting, annually, t0 two riillions az
"o'' VI +, "i very moderate cs. ifnalc These a,,