Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1829-07-27
From the Virginia L,hrorg Museum

We mus now place the Manufacturer By the aide .
inc ACCOMMODATIONS.
Lei not the reader suppose tina W mean 10
discuss the merits of The Tnrin The time
may come when we, too may have s8methiug
70 say ON thht yexed qnraii0n and ahrn pas.
SONS which DOW uingie IN The DISCUSSION hav-
NIX subsidized. wo shal enheRvor o III. +, to,v
TAR W. ihink that both parties have pns heir
Arguments too lar, mi 4uw Ear we ode
with either A, present we shah eoat.ue our.
serves 10 The inquiry whether II tast once
prnc'ieebls.and Wise t. promote manufactures
10 Virginia.
The MUD of the writer Of the following re-.
pIk has undergone u change within wear
orNtsa rs TO the capacity Of this State for
manufacturing Embellishments. In oonsidering
The general slsgua,,ou ofiradr, the depfrss
OF pa $ winch onr staple commodities had
experienced Tor some years, aud the cousc.
quch distress fell by the gieBt body Of The
community, he thought he perceived a remedy
for our loss OF foreign markets, and the r.dun.
dancy OF our agricultural products IN the di.
version OF part ofour capital and industry
INTO the nnw channel of manufactures. Nor
was ne singular IN that change al opini n, as
PROVED ny The newspapers, those faithful ,nt-
'nfs oil public sentiment, IN which have appear.
od from time 10 time several sensible essays IN.
wing attention 10 the subject.
Within The last twelsemonth, however n
favorable change has taken place IN the prices
no'h OF wheat and tobacco our planters aud
farmers have received saving, and IN some In.
Instances, liberal prices. for their produce
Il The subject of manufactures has lost much of
the interest |, lately excited among US In the
JOYS of returning health Ne have org oil en- both
the diseaseend the Docors
But Is tile present change for the better per.
mancni and may MOI the mslady, suspended
! for time. return with aggravated force ! The
prlc" of tobacco, always 1uctual ng according
to the quantity made, is highe, al ptraem Tor
'he short crop made the preceding year; Ind
the price of wheat wa know 10 have bee
raised by the iniuIe the last harvest IN Eu-
rope.
When these incidental eircuru STA nces shall no
longer exist, we must oxpict thai ibe snpern-
bundnnt supply OF our staple produces will o..
gam chuse ihrm 20 be Of dull sale nj low ITi.
oes thai the profits oil slaves aud the value VI
lana viii fall "a proportion aud tlai our tii,=
zcns, NOT aynilmg themselves ol the material
o'wenlth they 80 amply possess, will lao sssi4
made 10 feel perhaps with renovated severity,
| the sore evils of poverty AMI debt
! Now then Is the lime 10 prepare fnr The TOO
pr bhhe change IN our ahairs, and 10 nst our
| selves u the evils are nrems dinble. There are
'ohhfd pers who nmnse lbe pubic with ne.
h'h''hs NfiJ 'li ''H' tAhhfH lbt We HisiftANeH
OF he country from those brro suggested, some
a'ir'hu ing them 10 the Tariff others to the
multi iohion Of Banks, and others nRnio q.
the loss Of the English West India trade. But
! as the prices Of all out dom site products de.
pend upon those ol wheat, tobacco md cotton
winch again depend upon The prices theae
commodities bear in other countries. il u NOT
seen that the causes whirh have been thus a..
signed can have much more agency IN produ-
cling our pecunary difficulties than he last
ycnI's GOMEZ, and the oieduny hirb now as
SCENTS 10 he the one. would, two centuries ago,
have readily admitted the other.
II does seem 10 me, repeat, that n remedy
for The mischief may be founl ~ transfer oil
part Of our productive industry from sRricul.
ture TO mnnufa ciuie which new distribution
of labor, by IesscDnR the alperebuntLanee OF
the raw products thai We must find II market
for ahrond, will raise then prices, and by les.
SEEMING our dependence on for. Ign countries
for articles of consumption, viii make us better
| able 10 pay Tor such as we mny continue TO
purchase
| But before we further consider The benefits
OF this new direction of our industry, let US
| examine The objections which have been ur-
| ged 10 the establishment of manufactures in
| Virginia, They may be reduced tot our, LIST
the high price Of labnur asd The high rate of
interest among us. ID. The disadvantages
oislaye labonr. 3. The objections OF moral
and political character. 4. Those n ising from
the principles of free trade. or which ihe two
FIRST deny the praclicabilI,y Of the proposed
remedy, aud the tow last, ITS policy, though il
were practicable.
First. The high rates ofac0gfs and interest
in his country.
This objection is founded on The connssion
which Is known to exist between The value Of
labonr and the progress of society. IL Is read.
! lily conceded that M population advances, raw
produce rises and labour falls ny which il mean
that the same portion OF iabour will exchange
for u Less and less portion ofraw produce.
! Thus lahour bears a. lower Price in Eng and
than in the United States, ayet lower in Ire.
land 'nan m England md lower still in India,
or China. The profits Of capital or the natl
al interest Of money, though governed by diff
| ierent laws, IN like manner decreases with the
| progress OF wealth, and is therefore lower in
Philadelphia than 10 Kentucky, and lower in
London than Philadelphia. These circum-
stances of cheaper lnbour aud a lowor rate of
interest evidently give the nation possessing
them great advantages 10 manufactures Nor
are they NIL Then denser HumbPrs and more
abundant capital are also likely 10 be accompa
MED by greater skill, more various and impro-
we'd machinery, and the advantages OF a greater
therefore thus differently circumsianced, or two
portions ID the country. may exchange raw
products for manufactures, and both be gain
ers by the exchange.
But IL must not be forgotten that the degree
Of profit Attending such commerce, and the
extent to which it may be carried on with any
profit Al nll depend not only npon the different
Il degree Of advance mPnt OF each nation in nun
bers and capital, but also on their distance from
RI hulk of each particular article Of trafIic-aud
on the exemption Of the trade from burthens
and restrictions notifications OF any Of which
may be sufficient 10 connterbalance the adyan.
tages airing from greater chespness OF labor
or capital, and may have the same effect on
{ this interchange Of commodities, as a rise 10
) the price of l0bour in one country, or fall oi
, il in The other. The same extent Of Transports
ton which would add not more than ten pei
. ! cant IN tho pricp nf fotsrra might eohanc "a