Daily Richmond Whig. [volume] (Richmond, Va.) 1828-1831, 1829-03-03

ny the hu0tua ans the relatiy suua,f.
ana exports; and when the currency is different h
may still be relied accurate test of the differ
ence IN value Of the respective currencies. Bills ON
England, are payable III gold--ou the u. States IN
SILVER; ana the former generally bears higher price
IN market Than the latter, but the difference for the
last ten has iucn so far short of the premium
on English bu'S, Us 20 show uniform aud worry con-
shcrahS balance against us, in commercial rela-
tons with that country.
But cxccptonable is the aspect exhibited bv o,,r
whole tradc with q. Britain IT,, def cts arc en;r.lv
forgotten. In the contemplation of that norton of
which pertains to us, in comtnon with our brethren OF
the middle and northern states | have nlrendv
shown that while the growers Of cotton indigo, rice
&c. consume of English products infinitely less than
they pay Tor with their own, Of Virginia togeth
er Wth the different states both north and west of rs
the tobacco and grain growers and graziers aud fish
erneh oi The country, consuming S23.O000O of Brit
ISM imports, are permitted to apply only 81 900 900 of
our productions towards paying for them & are COM
pelI'd 10 discharge the balance of 600 Oon he ~
profits of our trade with each other and with the p,
oi Tue wo-!d-wc or Vrginu, especially dnyotirg IN
tobacco IN the north, and wares ia n s,,t5
NJ cd not stop to rcmIui the House of tho cr
iects oi tiis or some other the prosper,v al
our state For ten years past, our staple prolIcts
nave been selling at price scarcely defraying TIN
expense OF their production labor through the rtat>
er part OF the state, has barely couima;.ed tl.
'aoaHs OF a scanty subsistcnce-aad our ci;.cns
those especially, who constitute the strength of l.
iind-haVe been compelled 10 seek Il better sfo,a of
west IL TINS sir. were natural state fittings ifit
were the result OF causes beyond the con,rou of ina
we nnSht rcpine at our condition, but would bow in
humble submission TO our fate.
But are these things sir the result OF natural can,
SC; 30 tie : or 5000 OC0 of people living To the
north OF the cotton and sugartates. contribute ouv
/toooOo OF domestic productions, towards paying Tor
thelr proportion OF British Imports because they hav,
hothinS that the people ot u. Britain and Ireland
would receive III exchanged Look at the starving,
GoulatIon OF lreand-conrcrc the prices of bread in
hhEiani and Aincrica-CstiHlate the cost AZ which
every Eriti.h consume ofyour tobacco compelled
20 indU!gs his appetitenld then say whctharthc nd
vuntages of that nation her trade with us are the
result of natural caUsCs- No sir. they sprinr frc,
British regulation and British prohjbition-thev sprifr
nom The enormous dutv of more than thousand mr.
cent on one OF your great saplrs and the absolute
pro.lbnan oi tie other let these be remembered
Let o. Brltaln meet cntcrms of fair and rrcinroc,I
trade, and venture 20 predict that we shall pnv for
her manufactures. III the only way in which as nm ini
pendent nation We ought ever to pay her with The
natural productions OF our sell. If the grounds on
which this prediction rests be required refer vou IN
tn" simple fact. that in me Year 1917 when she WIS
compelled by The sca1ness of her own crops to opuu
her ports 10 our bread-stuiIs. exports Of -four
alone amounted TO $1,000, OOo insoaJ If Tho ( ~
5OoOOOr, at which they now stand
But nations. Ike inIiviiais Seldom d posed 70
make voluntary surrender OF he s3vantares fheV
ENJOY We nay feel assured that c. Britain viii
never abandon her present system but on counpul-
slon and the only question for American 10 consd-
e. ~, whether American trade ought to continue for
ever subjected to the control of foreign and rival
power National pride and national interest concur
IN the snswer 10 b. given. Both point TO the courvr
winch Mr. Jefferson. with prophetic finger Indicated
more than Ave and thirty years nCo-te very course
winch the American government is now pursuing and
against winch We are this day called upon 10 protest
as mpohtic and oppressive TO large portion OF the
people ofthe Union.
And what are the grounds whichths protest 10 de-
minded ofus' We care told now, as heretofore hnt tho
ctoctsofouT counervailug protecting sys; EN- must
pc 10 destroy our commerce, revenue and our
nfWCatlon-to Increase the costs of our consnmpticn
and to deprive us Of our foreign markets To each
o. these suggestions, experience has furnished the
.'2N conclusive answer. Our commerce. with the
",cepiion OF those occasional fluctuations TINT have
SHrung from obvods causes, has regularly encrcased
with the extension of our protecting system Our
exports, which III 1891, less than So OOO 600
amounted IN 1926, notwithstanding thr interveninn
tariff OF p, to upwards of ST. 600 900: our imports
Ices than $4,000 900, in 1921 exceeded S31 900 Ocn
IN 1876. The revenue too has kept paGc with ihr
increase OF our commerce, is clearly shcwn hv the
following table: