Daily Richmond Whig. [volume] (Richmond, Va.) 1828-1831, 1829-07-27

their system OF political ecoaoly Identifies with III,
common interest of America large; and that with
respect to tue retalatory restrictions which We
threaten in return, they viii leave their interests in
that respect, in the hands Of our philosophers and
politicians. They will take care Of Amcrica.-The
Gods take charge OF Cato! A British cccnomis,
and statesman is the best friend to the rising com
inerce Of the United States.
Thcsc arc the practical operations of the system OF
Free Trade which, in its principles one that exposes
our highly taxed and overlabore population 10 cor.
petition with foreigners, who their part ettcr us
in all our enterprises and foresal in every m,
-jealuusiv protect their own industry. md lmnos,
every prohibition upon the fibrcs of our coun,rv
tfths system had been considered as On eyper men,
al ibcra'y ana cohciiatlon part in e cxpcc-
tatonthat II would be followed by reciprocal Ebcrul.
~ from other Governments, II would then have rcs cd
some plausible ground, and nothing farther could
now be said,-than that he experiment had been tried
and Jailed we had fought the battle OF Free Trade
AMI the result had been unproplio,s
But the Free Trade policy is not s,,pported nv it's
advocates on this ground; nor would il be- pcrhaps
just towards them to refrain from explaining the rea
sons why they think This co,nincrciai policy would
prove advantageous for this country. though rcc-
procaiiy adopted by other nations,
They commence with this mayim:-it appears they
say, that IT is the advantage of naticn 10 of an ind
viduai, always to purchase in the cheatcst market
Ihis maxim adopted, i; plainly follows that If The En-
giish consumers can buy for tour millions and half
rs much SILK mud as good fabric the Spitsificds
VIEWERS can only afford them Tor five millions there
Is clear gain to the CONSUMERS of silk of half mil.
lion, III transferring their pnca from London TO
Lyons. The same argument, they say, holds rood
with respect TO corn. If much corn can be got
from Poland Prussia, for four millions and half
MS the British farmer cannot soil for less than five mil
hons, the consumers OF corn would gain half million
by dealing with Prussia and Poland. BIT then il mus,
he observed that whilst the corn is savinp
hts half million, there five millions of morev less
paid to the English farmer Now, these five millions
thus withdrawn from the farmer, when paid 10 him.
n thnf mo Enf,,,,
ing taxes To the Government. But the Government is
part OF the nation, and Is the landlord; nd The
FARMER ana the abourer form other parts and how then
Is The milton to gam on fhe balance of operation BY
which one part of the community gains five, hundred
Thousand pounds, and another part loses five milons
The Free Trade system is not without n solution
THAT difficulty IL appears, tat fast as we Jes-
troy one branch at production, another will arise i'm
ITS place, OF equal Importance and greater advantage;
atording, at Last, an equal. and probably greater
and certainly more beneficial employment to our
own capital and labor Thus IS the enigma soly ed
tins is the excuse for that cold and deadly system
which starvcs it's progeny. But on what are we
TO rely for these promises What is securiiy that
on destroying the elk manufacture, for example or
the farmers trade and productions, we should be in
IDENTIFIED by another, The destruction of one branch
reproduction to carry necessary const ouence
of the creation of ano her. The interests of different
branches oil Industry greatly dependent for their
prosperity on one another; and the ruin of one has
ia many respects, tendency to reduce instead of
extending, other branches OF product ~ Ii is tin
explanation Of this difficulty which brings us to TIE
mann foundation on which the whole sys em rests IL
has been discovered, that no importation can be lone
continued without corresponding exportation direct
or ndircct and II of follows that additional
production OF seine kind must take place 10 furnish
the means of expectation. Thus then il is proposcd
20 destroy any branch of production which cannot
withstand foreign competitions in the expectation that
another will be created in lis palce; Tor which we
have the assurance of this maxim. Now, wc ask
again, as we have often before acknowledgement
such system to meet with encourage mcnt'