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

The truth of every principle contained in this
extract, has been fully established by our own expe-
rience Our first great effort at protection, was
directed to navigating interest. Its effect is
said by MIR. Saybert TO have been almost magical.
In The course Of a very few years, tonnage
passed that Of every nation in the world except
Great Britain and ii n singular fact, tina, ut this
day, nearly the whole of our trade (import well
as export) with that enterprlsng nation Is carried
on through the fundamentally of our own vessels
The effect of our tariff cottons, affords
another signal instance of the triumph OF the urnci
Piles, which II laid. The dimnu,iOn in the
price Of this article below what it former, sup
Piled to us at from abroad, far exceeds the Icduc-
ton in the price OF the raw material, that Il can only
be accounted for on the principles contained IN tin,
extract from Gen. Hami!tcns report. And without
relying OH tho calculations furnished us, in relation
to the relative cost OF cotton twist, and coarse cot
ton goods. here and IN England the simple fact TINT
we enabled besides supplying our own demand
annually 10 export upwards OF Z 100 600 worth or
these articles, and to bring them into succcts,;iil
competition with those CT Great Britain in the mar
Hets of South America. shews Conclusivey. thnt i.
relation to these articles nj leCst the cflaci - in,
tariff, has been 10 diminish rather than increase their
prce. The same reaulL mi Int be shcwn, rs TO sev-
orai others OF our protected manufactures, furnish
ing an annual export to the Of ~ 600 900.
But mus. pass on 10 other matters vet 10 be yes-
tigated.
The only remaining argument, believe, relied on
by the opponents Of the tariff, is, that is effect must
be, TO deprive us of our foreign nurkcts. This ar
gumcnt, like ali the rest, If dcducci not from wh,,
has already happened, bu: from an pDp~chensioD NJ
what may hereafter happen and rests Tor lis support
On the extraordinary principle cxt ."ordinaf, |
mean, because OF the source from which il CCircsO
that those who not permitted to sell carnct ~
course continue 70 buy. And viii lie believed sir
that tins IS the argument OF those who in the very
Same breath, are urging tie grain growers this cour
lryto continue to buy.io an cnuruous amount Tie
manufactures OF a nation, from whose markets. eve.
article OF their product ION is most rightly excluded
we answer then ~ their own words--.f We az
prohibited from selling. cannot buv."
But sir, for which Of our prodGctions are W. M
prehcnsive OF losing markell II il on GrcHt Rr.
tain, THAI our tariff is principally opcrutc- Is her
selfish and iliberal system, which we have sovolt
to resist From her we, at least, and with us, three
fourths of the people of tbn L. Sutcs, have 10 lar
thcr exclusion TO upprehcul OF our bread stu.r,
she never consumes bGs.e TIL on the brink OF
starvation; and our tobacco. whose consumption sAo
has already reduced, within the nnrrowcst possible
limits, by an enormous duty 81 more than orr thou
sand per cent finds ample security against farther
nnpostions in the habits and the wants cf The veal
ther classes Of her population. Il is Tor cotton and
tor cotton only, sir, that this alarm is excited Car
southern friends, constituting less tran one third OIL
the population of the o. States and vet cuRbla ,,,
foreignreCuation to furnish nearly one hGlfthe c~ro-
OF the country, require of Va, land IN the most
concliiatoTy terms,l TO continue trade n.u!y!ur
our certain rum, rather than JeOplrdiac their vGua
bic market. lfthcrc We're any grounds for aDprc, n
sion, the demand would bS unreasonable Sven
mIcns OF people ought not to be expected 20 -ialj
TO the insulting and destructive arrogance of foreign
tlctation, III order that two millions nav Icyl I'm
wealth and splcndor.
But in sooth, sir, what ground is there Tor ar-re-
hensIon on this subject, Our cotton eNrortat on
IKE most OF our other expectations, has Drown on
the poison We have been administering. In 1916
the date of FIRST cotton tariff bit 81 OGo COO Of
pounds fonnd u market abroad In 1874 the
~ ,oo0 0C00 had swollen 20 I4JO COZ and in 1872.
had reached the enormous amount 2g4,OJO0,O Of
pounds But this not all--The domestic has
Kept pace with the foreign market: and under She
operation Of our protecting system, CIR own fnclo-
11es, whose influence in l8l6 was scarcely felt now
furnish demand for more than 10 0OCO0D Of pounds
per annunl, being nearly fourth tic -yrign ex-
port.
Now sir, while southern friends mr., aus ful:nr
market for single article of their production
amounting to upwards Of $3o,O00,0J0 we hardly
think thcu> entitled complain of present povcrt-
and believing vlth Mir. Cobbctt (,yho though an
Engshman, hos furnished most unanswerable vim
dlcntior of American interests, aoans tho empress
SONS of his own goverrmcntl Tint neither Mn.
Huskisson, any other British minister will be able
TO find n substitute for American c'ttoa. nor VIII
venture 10 close up the mine OF wealth . had afpr-
ded TO Great Britain, Garnet BE- driven from
the protection Of Interests by the Grou7icss appre
hunson Ofnjurng the Of Others But LC
makenif contrary 70 expectation, England, sacuhcinz
er interest 20 her pride, should adoP; system OF retaliation,
We have TINS consolation leitthe foreign teNand for
manufactured cotton viii be increased in proportion dn
Duon OF that foT the material Of which composed and
angry sisters OF the south, av akerco 10 the The
domestic market 10 their interests wen ours, VIII longer
think il cthor unconstituon uP0lc protect
and IN Sir, look forward anxious so-
cude 20 the day mot as distant perhaps may suspect
when Virginia ana Carolina and Georgia stall he
generous effort maintain American nierrHs against British
oppression; aud when that system, which invited ~
dcnounce measured terms shall be hailed from cvcv
quarter ci this extensive country, the harbuger utnaja
prosperity as the nost efficient instrument OF aoia greatness
One word more this branch OF the SUBJECT aud nave
done with IT, The riclucos against procn.
grown entirely out Of the impression, that has guard
the Interests Of The manufacturers, la has -row md"
their influence and that and effect ~ porn
into their laps TIE wealth 90 urius''y drawn from mfsrs
Sir this s altogether mistake. Tho Tariff 1925 c1rl-
patcaly the act = agricultural community Opposed by
MAJORITY Of hc New England Noics W sirccsg Is
buted exclusively n the agricultural OF Ncw ioS,
Jersey, Psnns lyHl Delaware, Mar land Virginia and
West Us design ri't tive destructive operation Of
foreign u agriculture 1uI So ttF from promoting
the sFcal interest OF established manufacturers viii
be- IN the laug0gC Of tcn Hamilton, COY powolt internal
competition, N do thu- fo monopoly and 1v
degrees reduce the price of domestic ranuart-s the
minimum ola reasonable rroht the capital employed"
afraid sir thai rise exhausted well ryec!f
that have exhausted every thing tact, l tr 'i-t uu
which am engaged THIS i- h0und'ss ttC
which rclacs and wcro 10 attempt pureDc tp foil
extent Of the invitation gives should DO justly clerg er
with abusing TIC Eu luca culDyu. ". - sfv