The Massachusetts spy, and Worcester County advertiser. [volume] ([Worcester, Mass.]) 1825-1831, 1828-10-22
NEW YORK AUCTIONS.

There is not in this whole country, we
doubt if there is in any country, such a hot
he'd for the growth of rank weeds of cor
runtion as the New York sales by auction.
The system has grown to an enormous size,
poisoning every thing in its neighborhood,
and sending its noxious influences through |
out the wide Republic.
Three fourths of the goods with which
that city is glutted to the utter draining ana
exhaustion of the silver and gold OF the
country, are imported on account OF Tor
eion merchants and manufacturers who
can make so many trips between Liverpool
and New York, before the custom house
duties are by our lG,c required to be paid,
that they are enabled to create an entire
fictitious capital on the U. s. Government
credits alone
Who can doubt that this state of things
must produce the most enormous evils VINO
wonders that the country is distressed VINO
does not wonder that all honest and regu-
lar dealing and dealers have not been sweep
from the face of the country.
To make facts clearer, let us enter into
particulars A British manufacturer senas
over a large importation of inferior or daGl-
aged goods, 1.-THE public will remember the
frauds detected last year in respect 10 COZ
ors,) set doUn IN the inroice at low price Il
De as TAR as possible ;aeofisdto. 9Re Tdte
are not to be paid under t,Celce months-ta'
goods are thrown into an auction room, SOIL
without the purchasers seeing the low IN
voice by which the Government duties wer'
evaded, the money goes into bills oiexchang
on houses in England which must often u
etby drawing specie from the banks TO SEN
there. Now let our simplest readers under
stand this matter the prosperity OF the he
public depends on their understanding II
33I cents out of every dollar of this none
which goes to England in Bills OF Exchange
Is The money Of our Government, because tn
goods were sold as we'll to pay the duties Il
to pay the manufacturer, and the price COZ
sists, about one third oft, of the dutie
But the Government does not receive the
part; it remains in the hands of British In
porters and Manufacturers, and they carr
it off to England, to buy a new cargo
fraudulent goods, (ofen so, we mean, n
in every instance which again are to
fraudulently passed through the custo
house, sold at auction, the proceeds Sc
back, including, at this stage Of the concer
66s cents of the American Government
money in every dollar of it; another cars
is brought out in the same way, until Il
whole of the money becomes the money
the American Government, i. e. the dut
on three cargoes, which may be broug
here and sold, and the money sent back
England before the duties on the first car!
becomes dne, amount on woollen goods,
one dollar in every dollar of the capital;
other words, the whole concern stands al
is conducted on the capital which ought
be in our treasury, or the goods in the war
house - Was ever anv thin6 so monstrOu
What cares the importer if he does f
in his. fourth voyage. He loses nothing,
has nothing to lose, because he does L
trade on his own money, but upon that
our Observation-Disclosures. Journal.