Constitutional Whig. [volume] (Richmond, Va.) 1824-1832, 1829-07-28


threaten in return, they will leave their interests in
that respect, in the hands of our philosophers and
politicians They will take care Of Amerca-The
Gods take charge OF Cato! A British economist
and statesman is the best friend to the rising com
mercc of the United States.
These the practical operations of the system OF
Free Trade, which, IN its that exposes
highly taxed and overlabored population to con-
petition with foreigners, who, their part feter us
in all our enterprises and foresta every Market
-jealouslv protect their own industry, and impose
every prohibition upon the fabrics of our country
If this system had been considered an experiment
OF hberaty and Cancellation part, in the expec-
ation that 1t would be followed by reciprocal beral
ty from other Governments, it would then have rested
OH some plausible ground, and nothing further could
now be sad-than that he experiment had been tried
and failed. We had fought the battle OF Free Trade,
and the result had been unpropitious.
| But the Free Trade policy is not supported by it's
advocates on this grounds nor would it be, perhaps
just towards them TO refrain from explaining the rca-
sons why they think this commercial policy would
prove advantageous for this country though not reci-
procaly adopted by other nations.
They commence with this ma im:-it appears thew
say that 1t Is the advantage of nation an ini-
vidual, always to purchase in the cheapest market
This maxim adopted it plainly follows that if the En-
glish consumers nbuy for four millions and half
as much silk, and good fabric as the Sptalfields
weavers only afford them Tor five millions there
Ia clear gain TO the consumers Of silk of half mil
lion, i'll transferring their purchases from London to
+ Lyons. The same argument they say, holds good
with respect to Ii as much can be got
from Poland Prussia for four millions and half,
BRUSH farmer cannot sell five
lions, the consumers of would gain half million
by dealing with Prussia and Poland. But then it must
DO observed that whilst the corn is saving
his half million there are five millions of money less
paid to the English farmer. Now, these five millions
thus Withdrawn from the farmer, when paid to him.
constituted profit rent, wages and the of pay
ing taxes TO the Government But the Governments
part of the nation, and is the landlord; and the
r farmer and the abourer form other parts and how then
Is the nation gain on the balance of operation by
which part of the community gains five hundred
md har ftoyr,
3 The Free Trade system is not without solution
oithat difficulty. 1t appears, that fast we des-
troy one branch of production, another will arise in
It's place, OF equal Importance and greater advantages
aifordng, at least an equal, and probably greater,
l. and certainly more beneficial employment to our
t own capital and labor. Thus is the enigma sov Cd
this is the excuse for that cold and s1stc,n
which staryes its OVID progeny. But ON what are We
rely Tor these promises What our security that
on destroying the silk manufacture for example, or
the farmers trade and productions we should be in
Identified by another The destruction of one branch
reproduction seems to carry necessary consequence
OF the creation of another The interests of derens
branches of industry greatly dependent for their
prosperity on one another and the ruin of one has,
1t in many respects, tendency to redace, instead of
extending, other branches Of production. It's the
explanation of this difficulty which brinps ug to th.
main foundation which the whole systemr ests. 1T
J. has been discovered, that importation can be oag
: continued without corresponding export alton, diree.
or indirect and 1t of follows, that additional
production OF some kind must take place 10 furnish
the means OF pOrtatlOn. Thus, then it proposed
: to destroy any branch of production which cannot
withstand foreign competition in the expectation that
e another VIII be created in its pace for which we
: have the assurance of this maxim. Now, we ask
+ again, as we have often before acknowledgement
y such system 70 meet with encouragement?
Extracts from Circular mercantile house III, this civ
receiv"d by the honongahela, arrived the Delaware
LIVERPOOL, 9th June, 1923.
more general demand has lattey experienced for
orein produce though improvement in prices can
s of S the tendency Of the market certainly
may nor ocoui still gradual and solid seems now
transactions in CoTroY have ex,ensive for las,
week. sooi packages were soid against 1926 imported;
s9a5 I Ss2i packages Sold as follows3455 Bowels
an 1sd Sc Stained do SO sd ,s Sa ~ o Seh
American T.. India, aud Egyptian.
In tie early part of the there was but an Indifferent
the sales effected in American descriptions
appears viii, the holders VITA general iil'fess
fair enquiry has appeared roBAceo from the consumers,
: obtain advance
The fine weather, together the averages having kent
me speculative deDand for WHEAT and FIouR consequence
TO supplying the of CONSUMERS SINCE no business has
occurred To Give any feature the There is mo
uat OBJECT having fog the ceased such as duty
%o" hoev6% @ 20 d s ssgT a. aPgass at my ueao
ne duties oI he enstng week follows, viz:Wheat
per Dbl. 7'o'' anu ." 'O'' o "a
Tobacco. leaf aid sad Steamed, I'd $50.
+ Wheat, foreign, free, Is Sd a Sd per Quarter
Indis ConI32 34s per $50 lbs, duty pad-2S DDS in bond
feur Amer sour 80 a S7s sweet, SO dos duty paid
fstter from Liverpool dated June 9th, states
! t I the cotton market was fully supported
=, Errqtssa'-In the list No. Of Typographical and
chronological II "reminiscences, published on Friday
"oraea's, was by mistake printed for Orange in
the following sentence:- "
In 1886, old Benjamin Burden was sent 10 this
country, as the agent of the Scottish Baron of Cam
eron, one OF the grantees of the Northern Neck
burden met with John Lewis, at Williamsburg. and
came home with him to Augusta; Then in Ora1pei
ana spent the principal part of the summer with him,
&c. ' "'"'
iaad ~ Oh tuesday ll inst, by the Kew Dudley
Miss ELzAEErm CAY Of King William county va ~ "
10 q EIaL