Daily Richmond Whig. [volume] (Richmond, Va.) 1828-1831, 1829-06-09

ascrbsd to tho excessive specuations ofthose engs-
gcd IL. We could not ratface our policy in the
elk Trade alone, even five were nclncd other trades
would claim a similar monopoly, and our whole COM
msrcial system would he unhinged. lie proved from
oncia aocuments that under the present system our
exports ana shipping had increased and he illustra-
ted the happy moral influence the system in main
tanning peace. NN
"The present wise system OF commercial policy
has inculcated an important doctrine in the pacific
relations of ono country tn anothcr--in showing
that state is not enriched by the npoverishmen
oil another, but that mutual interchange of their
pcctivc produce is the only sure basis OF mutual
prosperty-By this it has tended and,wili daily tend,
more to prevent contests fo' objects of commercial
seidshncss-to avoid recurrence of those naval
wars which in The end injurc the manufacturing
greatness OF all the parties cd in il. il has Civ
en- rise TO Just notions of commercial intercourse
with colonies by putting end 10 all those petty riv
ores in which colonies hitherto had involved
the mother countries. Was this mere asscr-
tom Let the extraordinary fact in the history of the
country, that for fifteen years we have enjoyed 4
commercial peace with the worll-,hat for the first
time during so many years, Parliament has not brcn
called upon by the Crown 10 protect with naval and
military force some colonial commercial right,
resist sorle commercial outrarc--anSver the qucs-
ton--( Chcers.) by the general principles o, our
present liberal system Of commercial policy. have
disarmed other countries ,of their former usual re-
source of excluding manufactures, BY convincing
them that tbcy must, more than ourselves, suffer by
aretaliation of their conduct. will 60 further and
say that II we had not uttered oar prohibtivc laws
we should long since have been engaged msChic-
vous war with some state equally blind 20 It's own
interests. The present repuiatcd free trade system
then not only t"nds TO say irritation and preserve
peace to the Colonies, bur TO prevent war with other
nations"
Mr. iiry also pursued t,e nyi;hnr,eal ar,,nn,n The
"pmcc'ioi to alIocd woud amount onlv about 0NNt
upon Importation of iemNoo he Thought ihrowstrr
would show their good sense it. ncah oclamorinc for proh
hffnn theuf
altogether Ifihc Eussh received the
rial NJ the same price the Lyons nanufacrr c would
4 rival him in the liner articles.
Mr. PorLrTr TnoNPoa demonstrated tia, the English six
thTowstcr could carry his trade without OF the iuc
silks ~ rance aud uy and that hc would therefore he bcnc
fitted by the reduction Of this duty To talk Of free Tade
appl'ed To this country, was almost luticrous.
"fe looked round what tho ce trades this
country Almost every article imported into made IN ra,
Britain loaded with heavy duties; and that they
posed but whether duty shoud c reduced o, - ~ per
cent He knew standard by which the wealth OF country
could be better estimated than nv is Of consumption Of
the necessary articles Of life; and by that he wsc
this Of free trade but the approximation pnci
pie should be fairly and correctly judged Now the five
important articles Of consumption sugar. coffee cotton
fax and tao; and the returns gave the following arnnbn
the amount Of sugar consumed in 1873 ll7oN hi
1924, 900 eut; in 1877 $4,000 cwt and in 1873
3,3f.o0o ew The coffee in 1873 s74looO lbs; in IS2 1,
1854 oo lbs; in 1926, rs and 1877
lbs Cation 10 1879 1877 millions Of pounds in 1877 ef mil
cwt The Tallow 1923, 875 900 cw; in 1927, 1871
cut Between the 1923 and 1927 therefore, in
of per Chat ncrca being the lowest teca,
the duty hshes ia cne of 90 per cent, cotton, 81
per cent? in fax Of 65 and IN alow, OF 60 per
These were the mse that free trade system wch had
been introduced by modern philosophers and theorists
those persons upon tile productive industry Of the coun"
Cheers)
Mr. Canrss GRANr made the prevailing pressure upon the
dnncr the agrcultu the and the retail DEALER
narsunent against committee the silk tradewhch
the way, suffering severely the trade The
dIstreses Spltaelds were aggravated by ne
aey connected with the silk trade and baeahle
conduct Of the themselves This district the recep
tacc of the working classes the cheapness
iUs many these temporary employment silk weaver
and they first thrown of employment they were
loude in their complaints Mr. Grant concurre,i with Mr.
Thompson dcpTecatins Of distress, the
OF regulating in which the persisted and both
vvhee work having been offered at Sd per
the stuck ont for l0 and the work country
and done for Sd.
Dir Alderman wA1Nay said che did no, understand the
of free trade He had read books this subject
and political economy but they only bedeed him. he did
not know after reading them, whether he had any
sense or not"
SuciousThe London Observer Of April ~ says: Sir Sid
Smith about embark in the STEAMBOAT Hyton Soy
ezediiion His attendants are fifty chosen
His only cargo ballast consisting bras, fe has
cleared ol Corfu aud Malta but is expected that he an
Interior destination The ornaments Of his vessel are entely
composed OF cTesents and tuTbans
a letter from Lima, under date Of Feb. 90 to the
editors Of the n. Y. Gazette. says
"The Brandywine and Dolphin, left heEe last week
for Valparaiso. The Yincennes is here. The two
former have gone to " to wait the arrival Of the re-
lief squadron. An on board the different vessels
arc well Sometime since. the crew of the Brandy
wine all the sick list, with the exception Of
very few, not enough, however, TO work the ship.
The COnmodorc obtained permission to occupy the
hospital at Belavis'a which then unnhabited fGr
his sick. But pow the different crews appear to en-
Joy better health than they did thcT first arrival
on the coast.