Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1829-05-22
FOREIGN.
UNRESTRICTED TRADE.


UNRESTRICTED TRADE
BosTON, May A4.-fhe debates on the silk
trade in the British House OF Commons will elicit
facts snd confirm principles which are of prea,
Importance TO those interested in the strong oppo-
sion now existing in this country TO the prohibi.
lions OF the "Anerican SYSTEM" as it has been
nick-named The experience of other nations
should not be dsregarded, and the facts and argu-
nents brought out in the British Parliament in the
heat OF debate the subject o. the duties on silks
viii hive the more influence with us, where they
have any application TO our own affairs, because
they cannot be supposed 10 have been brought
forward for the purpose of influencing public o.
pnion in this couDtry.--When il is supposed that
IN Englishman writes or speaks with view TO
convince us Of The impocy of exorbitant dutie,
prohibitions, his birth and country are a suiIi.
'lent retaliation TO iS-argumen;s, sufficient an
sweE TO his facts, with all true and patriotic
'l!iends OF American Industry In the debates
on the silk trade we may learn something which
though not intended specially for hearing will
yet be found applicable TO our coRdition--We shall
At all events, be pleased by the good style of Mr.
jlusdsson who is as far inferior 10 the champions
Of the Tariff in grandiloquence as he is superior
= them in the faculty ofreasoning. Bos. Gaz.
tlErom the Liverpool poper}
House Of Commons, Monday, .fpTiii3.
Nir. Tyler brought forward his motion for the
appointment OF committee 10 inquire into the
state OF the silk trade. The hoasur.ble gentle
Inan avOwed, that the object of his motion was IN
revive the prohibition of foreign silks. His argu.
incnt was comprised in two assertions, Ist, that
there is extreme distress among the silk weavers;
III, that the opening OF the trade has been the
Of il, and his Inference, though kept rather
out OF sight, was meant 10 he, that ieturn TO pro-
hibition would be a fer the distress. MIR. Ro-
binson seconded the motion.
Mr. Vesey Fitzgerald president of the Board
Of Trale) made powerful and convincing speech
against the motion. He admitted the existence Of
the distress in the silk trade, but denied both the
cause and the remedy He clearly proved, that
the distress was attributable 70 other causes than
She substituting OF protection for prohibition that
the grant of n committee would first disturb then
suspend Ia: manufactpr and, finally and infalIi
oily, Gisappoint him. that prohibition must extend
and pcrpetuate the contraband trade: that, five
years before, the change Of the law gave an i'm.
Por, Of the material to the extent OF ten mil.
lions, and, the 1--WE subsequent years, gave eigh-
teen millions; and thai, if the present consumption
can be maintained 10 otherwise than by low pri-
ces, rise Of price, produced by monopoly, must
0! course diminish the consumption. The right
honorable gentleman ascribed the principal por-
tion OF the existing distress 10 the eagerness and
confidence of immense capital launching into in
ordinate speculation, forcing over-production and
leading to paralysis OF the market He stated,
at the same time, the intentions of government
which were to reduce the duties OH European iIp-
ported manufactured silk from thirty per cent. ad
oGlOTeDi to twenty FIVE per cent; and on East In
dian from thirty per cent. TO twenty per cent. He
stated also, that the duty Oh organzne would be
reduced 10 3s. Cd; that on tram 2s and on singles
10 IS. Cd. The right honorable gentleman con-
ciuded most elaborate speech ia the following
tsrms:-"For myself, and for nv views of this
question, ] should not object to investigation con-
vinced as ! am that evidence would establish the
statements have made to the house. But object
so il as desperate attempt 10 retCTn 10 a ruifous
Prohibition"
mr.. H,iSEisscn and he Free Trade System.
On Monday night, during the debate on the state
he trad \ Iinaki al, Oh a.,
House Of Commons in defence OF the principles of
commercial policy which he had had the honour
OF bringing before the house and the country We
cannot, in justice TO outright honorable represen-
fdtive, withhold from readers the following
triumphant defence OF his character and his prn-
cples
Gone Wo:l," said the right honorable gentle
man, Gin relation to the position in which stand
individually towards the changes that have been
made within the last few years in our commercial
policy My honorable frieod, (Mr. Baring) the
member for Cailington, has alluded to the vilupe-
yaton, to the endless o5loquy, TO the calumny that
itas been heaped ON me, as the organ Of the gov
eTDmeAt by which these changes were effected
assure my honorable friend, that, when felt il
70 be my duty to recommend the alterations that
have been so beneficialy made in the commercial
and navigation laws OF the country clearly fore
saw all the obloquy and vtupesation that have
been heaped on me-. knew that individuals and
parties would visit on the suiIerings brought a.
bout by their own indiscreton, OF by other causes
over which l could have no control. But while
/ clearly oresaW all this, did not the less clear
ly see nor the less forcbly feel that owed it TO
myself, as member Of this house, aud as g min
lister Of the crown, 70 recommend particular line
Of policy, however dstastetul that policy might
DO TO interested individuals, and however like
ly 1t might be TO gi>s rise to Misrepresentation of
Iny motives and objects, when my conscience told
we That il was most certain 10 promote tile gener.
al welfare Of my country.-(Hear, hearD felt
That no man was fitted to preside over the COM
merclal interests Of great country, who was not
ready 10 sacrifice personal feelings TO the public
benefit, (Hesrl(--tha no man should be British
minister who was not above all such individual con
sideroIion (HesrD Having felt this, | calmly
and steadily rerseyered in what my conscience
told me was my duty.
nor am without my reward for when am told
81 the Disadvantages which individuals have expe.
iienced from the changes which was an instru-
Nentin introducing into our commercial system
4 say IN reply, that those changes have tended
Inre than all other events or measures 10 irppress
tie county and foreign states with lust notions of
the value 0f an unrestricted commercial inter.
clurse, and with a conviction of the miscellaneous
absur9ity o. commercial nalousies and attempts al
COMMERCIAL m. nopoly. I'hs present wise system,
al commercial po, '" has inculcated an important
oc!rine ia the p ciiir relations Of one country 10
unothel-i slowing tLai one state is not enrich.
Cd w tc Impeachment Of another, but that
,uf I, n .s,Lsree ~ fAeif S'fecOrc rt63rce is