Constitutional Whig. [volume] (Richmond, Va.) 1824-1832, 1829-07-14

ligcnce and reliance at Boston, to whom we applied
for information, we present the following rational
account of the causes of the manufacturing distress
there, its extent, and the recovery which is already
partially effected. 1t corresponds fully, with our own
previous conceptions, and annihilatcs without an eff
fort, the argument against protection, derived from
tie temporary embarrassment of thc manufacturers in
that quarter. Trade in all countries, aud Of every
description, is liable to occasional depression, nor are
manufacturers suffering morc than other branches of
trade, subject to the operation of the same causes.
BosroN, July G, 1899.
had already observed that the depression cftrade
and business, in Boston, had been used as a topic a
gainst the existing tariff, extensively, and especially
IN the South. The first notes were raised here, by
those papers, which, beginning as advocates of the
.4nti- Tariff doctrines, nave, naturally enough, passed
on to n union with the supporters oftle present Adj
minstratiou. But however diffused, or wherever
originating, the Impression is wholly erroneous.
The late act (lG23; has had very little, il any effect,
for good or evil, on our manufactures. 1t has Ger
tainly done no harm. The truth is, our manufactures
are no more depressed, than our commerce and nav
igation. One and all have been %overdone. The
present state of the world is not favorable TO the
exercise of so much euterprize as exists among us.
Other nations produce for themselves, manutacinre
for themselves, and carry tor themselves and THIS
greatly limits the sphere of our action. IL is to b.
adfeG, also. that the market being greatly over
stocked in England, the sHperabundance must be
thrown OIL, i'll some direction, at whatever loss; and
much of 1t. consequently, comes here at prices indi-
eating a great and certain sacrifice on the part of the
importer. Manufactured articles were never so low
The consumer never obtained them at so cheap a rate
This~is qs,it" certain; aud therefore it is not easy
TO see how the country suffers, although tbc manu-
factnrers may
Bnt, although more talked about, the 'distresses' Of
Boston are not at this moment greater, | think no,
so great, as those of tie vast trading city, New
York business there Is az dull as profits
rs small, and money much scarccr. There is one
q terence; u great par; of the capital. embarked III
English imporiatiops is, IN New York, EngiisA Cap
ital, AVID the loss falls on the English owner. Here
nothing but American Capital is employed, either in
commerce nr manufactures; and gains and losses are
all our own.
believe T may saw, not only that the 'distress''
IN Boston has been much exaggerated abroad, but
that 1t is already IN some degree relieved. The fac
tories still go on. and though prices are inw. and pro
FITS very small, it is hoped and believed. ncverthe-
less. illnt economy and skill viii enable New Eng
land still TO keep her head above water.
II The National Journal states that cone Of the
settlers up of the Telegraph al Washington las put
i'll u large claim for money advanced, &C.. Some rea-
son connected with this. may have induced Duff &c
withdrawals name as Editor from the first page o.
the Telegraph. This was done some six or sever
weeks ago.
~ The Enquirer of Friday, says. eve have ueve,
$500 ''''C - u NhiC5 tiAN NbS NNtfN J. y
now exhibits, Tor raising an ambitious mun (Mr. Clay
we guess.) upon the runs OF an administration.
What though Andrew Jackson was elected by
great and triumphant majority ofthe people, Bgor,
| he wac sworn into office, war wss declared agains
; him" WA was d. clared upon the very threshold.
Horrible! we do not know what Mr.. Clay's fiicnd
"a" roy - inns tremendous accusation, unless they
Justify, and plead the example Of the Jacksonlans ii
1875, in mitigation of damages.
r " The same pal.r Ill the some article adds, oant
n 1t Is now openly proclaimed tat Mr.. Clay is to be
u nominated by the Legislature of Kentucky, as tn,
h Candidate of the opposition" This ,oas talked of
but we sec 1t controdicted upon very high authority
but suppose 1t true, most consistent Editor of the
Enquirer, have you forgotten that Tennessee did thc
same hing by Gen. Jackson, at the first session o
her Legislature after the election in 1925? Wer,
you not among the approvers of that measure, ant
one to stand by the nomination? Thou wretche,
compound of CAM, disingenuousness and lnconsruity
~ the same paper in he same article. continues
"Nor are the Coalition presses more Indifferent about
the means for promoting his Mr.. Clay's.l object
l They are ~disgraced by Misrepresentation and abuse
They have never been dlsgraced by publishing Sc
unconscionebie a flo as that about the East Room
+ Mr.. Enquirer, nor by The still deepe, degradation OF
~J"sttying 1t afterwards. The Coalition Presses!
The Coalition! We Thought that had been dissolved
by the same event, that made the Course" President
ofthc U. States. For shame, to speak SO disrcspect-
fully of dep 'rted things"
aJfhe Same paper in the same article, speaking OF
Inc Coalition presses says, ''Some of them are sustain.
Ell by the donations Of individuals. While some of
'heir Editors are harping upon the dependence To
Whlch the President would reduce the Press. tn So
very men are dependent upon the contributions of
individuals to support their labors."
Ant this may be and very probablyis true. 1t may
be plead in hehalf of tho NV IL IL.