Daily Richmond Whig. [volume] (Richmond, Va.) 1828-1831, 1829-06-02

General and deep distress in Trade and Commerce
tn Great Britain.
From BclPs Weekly Messenger, April IL, 1899.

state Of embarrassment and stagnation every where existed
without parallel almost in the history of our trade and com.
'hcice Tins state OF depression aud suffering not only contin-
ncs but increases. Whence has u originated IL has oyertakeu
us, Notwithstanding the repeated promises of the advocates of
ice trade; Notwithstanding the ports have been open Tor MANY
months for tire almost unlimited imports Of ar,in frrpun SorrIcrn
aud Eastern Europe: and notwithsianjin@ the nre"cn, Nlins,osi
profess to be acting on the principle aud theory of Mr.. HIS.
Nisson.
Siuce our last remarks, the usual o,ar,eriv ,ro,r,s ra.,
ueen n"Dhshed ana we observe with sorTOw that they exhibit n
most lamcniable deficiency in the revenue. The ar,,,,cnI Lc
Ncl' |, hc hundred thousand pounds; bu, the actual deficit, we
suspect, VIII he much more.
In the cuslmns, the great toll gate Of our foreign commerce
The falling oil IS two hundred and eighty thousand pounds
Tins dvhcicucy iSmnIe extraordinary, when ~ en- m der In, our
ports have been open, and are still open, for the admission nj
i"'e'sii gam on which u duty of nearly one hundred thousand
pounds has hccn collected within tine last three months NJ
II was confidently asserted by. MIR. Huskissou and ms f,cuJS
that, the new code Of corn laws would be the means of rourinp
hrltl>l manufactures IN great abundance into the continent
and thereby increasing orr revenue. But has this h,e, ,Is
'as.: The custom house return proves the CONTRARY.
hcannoi, indeed, he doubted, but that the effect OF the 6,-
"lgn importation OF agricultural produce of every de,cripii.n i
- transfer so much of the capital of the British farmer TO the
lotelsn FARMER. we nave The report and opinion of MIR. Jacob
upon this express subject-he admits tl,t every importation Of
polish com mus, be a transfer of capital from the soil of Great
nttbis able writer appears to he that such transfer would naii,-
Iany operate To improve cultivation of foreign countries by the
luUuN OF Brush wealth, and to paralize improvement and TO
cu'ck cultivation al home. This gentleman, whom the econoe
inIts lai'd 10 the skies, disdained 10 hatter us " Tin the f,uacious
nopF' that me proht derived from that capital, so transferred
from Great Britain to Germany, would he ermploved IN the MIR
cnase OF British manufactures. Mr.. Jacob plainly and roundlv
d" us, uat the Polish peasant, When the improvement of his
land should enable him to employ a SURPLUS of rss,us unon the
n,hcr wants and convcnienccs OF life, would rmpolv such sur.
49," wv ui'hd VI rtTilfn moi Ot British mi manufactures
That this has been the case With the money paid for the recen,
importation of corn from the Baltic is placed bey.nd all DOM,
oy te quarterly returns from the custom house. II has done
any thing but euliyen tho British looms, and cirou,a,. ,ic MAJ
u.'ct"res oil the country. Our coitons, wnonens. and SIX. my
non, cutlery, and hardware, still languish, notwiths ,and,nr the
predictions of The advocates Of this system. and oi, cnorT1ous
expenditures m the pure base of foreign corn.
by Inc returns Just LAID on the table OF the House of Com.
uuon ' ~ appears inat nearly two million quarters of foreign
gram, including meal and flour, have hcen imported into this
The last day Of February. The duties paid to government upon
The import of these various articles Of corn, meal and aouT
amount to two hundred and fifty four thousand pounds. The
coS price OF the several kinds Of foreign agricultural produce
imported into the British markets, may be taken, ON a fair err
cuiaiion, a, two millions and n half And vet this importan,
expenditure amongst foreigners has scarcely moved ain extraor.
dinsry shuttle, or turned an extra wheel in our factories.
II we look TO the Excise, we shall find the defci, very nearly
equal TO that of the Customs. Now, the Excise is The ,re,,c:,
oihomc consumption, and a falling off in this branch of revenue
IS a sure proof ofa decay of industry, and a state of wan, and
pressure amongst the lahorins classes In shor, il NO. xam'na
the several sources OF the revenue, in each of which there IS 2
J Ieen ~ VIZ pesehs duaiIeI' we shall lind abundance of EVIL
Hence 10 satisfy us that there is something Substantially wrong
IN our present commercial system. II sleeps the word Of nm,
muse to the ear, hut breaks il to the hope" The maximc 9TH.
zee trade appear to the understanding inconlrovcrtible: bur
,hey are no sooner reduced INTO practice than they are found TO |
ne attended with disappointment and ruin. The Free Trldr
SYSTEM, Ike me Tree OF knowledge, bears a fIui cap,iyatinr "a
the eye, but the taste OF II is death.
We opposed this system when every thing appeared nyoS.
porous and furnishing around US, when il was as popular as !,
now seems TO he unpopular, and before it was advancing upon
WIN any indications ct that mass of misery which has since
patriotism, and from a consideration of the ARTIFICIAL gtts,e ~
ley AMONGST US; ana we shall continue TO oppose IT. We
demonstrates tat i was incompatible with the present conJi-
ton o. uiIs country, hUTihened with enormous taxes aud COIL,
establishments; add 10 which an Overwhelming paG,n, 81;
Nhch me puiic iaIth could not for a moment disturb: and
which rendored almost al! the inhabitants of the country ,ribu.
'aTies IN the stale creditor.
In examining the principles upon which tho f,ien5s &C ,t..
SYsieln promSsed to recommend II, we proved, over and over
'Sarn, tlai II was NO! only peIncious policy, but merciless cru.
ivy, 10 iWfDouce the commodities vi other cOuntLies,-wToupht
ndef cheap labor and light nnposts, into competition with our
nnrics o iheayiy taxed industry. And yet this was the LEADING
principle Of The friends Of Free Trade. ~
We do not wish 10 recapitulate those arguments urni,b us
SO often insisted upon The substance OF them was--tba,
Fe cannot found such a system but upon the consent, the uni.
FeTsal concession and agreement Of the other States of Furone.
Hat its basis must be mutually and reciprocity.
ls u not clear that a general system Of Free Trade can alon.
NC built upon the establishment of universal peace, and the con.
slant and universal good will of man to mann Bun what foIiv
ina madness TO expect TO erect such a system mon the mere
Ineory OF philosophers. in the present condition Of mankind, A.
period, moreover, when the world is divided into various
states, under various Governments, established ON various snJ
onhicting principles, jealous and hostile in a more esoeciai
uanneI to TINS country and its extended dominions in the Fast.
IN aud Western world.
What is such a scheme, under such a state OF things. bu, the
Fna Concert i those systsminonSers, who involved France in
Confusion, and kept IL so long in misery
-Four space would permit us, we might discharge the unp,ca. !
sing and melancholy task Of depicting the state Of embsIysss.
Dent and pressure which ove1wheln every branch of omy msna
IactITing population at this moment. Wholesale tr,de snd
retail trade seem equally to suffer. Foreign Commerce and
home consumption arc paralyzed and checked IN, a. | ,mi
on the silk trade comes on in the Houso ri g. es NC
io-moUow, and will doubtless eomprehend A general ,iegD &c
our trading system, we defer All further remarks Tor the prese,i
The Diary Of Thomas Prrton a member in E. . Parliament.
ne protectors, Diver ant .:ichard Cromwell, in 4 vol. octave
- Jhst published M London. The Gentleman's NIaps1tnc 60
tnat "the great interest of the book is Cromwcl himself" TSc
New Monthly Magazine says-'Iiis is lhIe short Of a Miracle
~ NN f'hFF VI 49, ANplNNFfU INTfNmrUfgI
fakep on the spot by one Of the very mcmbers.n The Ala
lays llat "eycy library which pretends n contain an bjs;oncaI
foheciIon must possess itself NJ Buttons Diary. IL is as i,disner
sable as BUrnet or Clarendon ~ Notwithstanding tho IT,,
interest winch this work must possess, we have not heard 6f Inc
sTivaI OF a copy OF Il IN this country. lit had been a Waveriv
vowel we should have bad copies bs This time in ,hor.aud
handsL-DeD. Press.
u Is stated hat previous 10 his leav ing Nashville, Gov. IIots.
.on equipped himself IA an MdiGn dress, and went ausy 90,
t1c determination Of associating himself with and residing among
sayages "5
% me COALITION appears to DO in great tenor AZ The idea Of
General Jackson's running again fer the Presidency. They
nave reason in their madness. "-.Noah.
nc new oiOce-holdeTs appear in great terror NJ the idea Of
have reason ior trir iear5-Nat. Int
St.ude-~e bave never recorded a more revolving case of
fei destruction than the following Uenrv Parker. a seaman
% rit'ed into the hospital for mania a potv, Yesterday about
'Welve O'Clock, whilst one Of The patients wac shsyiuo. sifddec-v
-nized = fazof, and cut into the upper part Of HE a5domsn by
wo incisions, crossing each other Hewas immedia,elv sezeS
and the razor wTested from him, when be tore sWav and s,reu,
"a the Hoor with his enudls IN this hopeless situation he
ngered foas hours, without he least apparent pain. and eo,,ver
fed ratonaVv fMi he cynired. The deceased. the nfght ,,ws-.- |