Daily Richmond Whig. [volume] (Richmond, Va.) 1828-1831, 1829-03-03
Excess ofimDorts over J
exports,

Excess limp ., Imports over eooo.ooo 100000
Or Tie domestic exports. j.
appears that the planting
states Gshci in CO..
ton, T.cs, indigo &c. 1900 900 o. 600 600
The res; Of the q Sntcs. 1000 900 1000 900
Tho consumption cf the
planting .fa,es may DC
estimated at Gooo,ooO 1000 COZ
Cf.ac rest Of tho Jrui.1, 10000 600 cInoo 600
So that the grover7 Of cotton. indigo. rice, sugar.
&c consume cf British products f-9nt len Z, Cv;.
teen millions ~ d1o-g ksg H41 Hcy PM FAR in their
proJqcfons. whll. all the rest of the Union. in
GLIDING the crCctcr part Of Virginia. onrumc of To-
reign products fran scieen - nineteen nijilns NJ
d,Tgrs more tjan they P9y far in Hcir prodac,s.
an not about 10 revive, Mr.. Speaker, any Of
what arc called the exploded doctrines fthe balance
o'tsdc and "ary readily admit that the exact state
Of or trade with ans particular nation can not al
ways Do a-certaiued from nc exhibits of the TIA
su-y Department. But this venture TO assert with
on fear Of contradictions that 9ny rrion ''aiet con-
ti7.c7 far series o. Yc0rs, - bvy mare H7r Il ran
pay Er ,3ilh ne i7bor amt prodciois fnuei Dir.
charge Ire d,Gf~enre, m jairid,sGi woad no. By
an GnnNai dcdpcti - from ats crpitgi-thm such a
trqde, Di in it' progrcw, operaic mast iHuriovsy
ftS jrtcrSgtf fpsreo~cyed IN f su9irjrnf iCugth
Of time, u,i iaeUtabiy result n p0t9n1i b9pt5"DfcV
When such state Of things exists. md shall have
been obviously brought about by fhc commercial re-
0uotioo7 os othcr nations the only possible remedy
VIII be- found m udlrlOU7 cOunorVnlilng regulations.
reducing importation from abroad, and by protection
i1croa sing II possible, expectation from home
I'm the lauguagn Of Mr. Jefferson. already quoted
"who1 nation imposes high duties on orr prodnc
tons or prohibits them altogether D. may be proper
for ~ TO dp the same hy thor5--fr-l burdeninr mr.
excluding those productions, which they bring hero
in competition W th orr own of the sam" kind: So
lecfinr next, such manufactures A. we take Of then
IN Croacst quantity. and which ~ the same tin1o
could soonest furnish % oursclvea or obtain from
o'hor countrloe imposing them dutio lrt NJ first
out heavier and heavier Afterwards other channels
ofsupply open
Let mo now call tho attention OF The House bac, 10
Che state Of trndc with thlt nation with which
orr commercial relations almost ~ extensive, as
with all the world besides moan Great Britain. II
appears. from the Treasury exhibi'e. already refer
rcdto thai our imports from her, Including Ireland)
0Tcsea"d orr exports 10 hcr by $4,000 600 in s26-
and 00000O. in 1917. Whether those amounts
show tho actual balance Of trade against ne during
those two yrars,I arr moi prepared 70 say. But that
very considerable balance did then, and has at al
tinos lcXcopf WHOM her ports were open 10 bread
stuiTs) existed against us, in trade with Great
Britain, il rendered certain by the general state Of ex
change between tho two countries. Tho rate Of OK
change is, in truth, the best If the only criterion
by which N estimate the actual state of trade
between any two nations 1.-THE currency ofboth be
ihcssmc, s rise and f orc1oned almost entirely