Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1830-01-25

mueb more linn mat their renrcsenihiset
II /, he ,b. ,nierea OF an iaaia idpai TO sesi MS
NANCY an tnHauiaY lures, he viii discover
himself snd sili arcd an legislation 10 point "
ou, And II II DE not hts interest. ought se IN
force or tempt him iu'o an aii'iic ial d'siln"
,,a. 1.-The had -lOO, would be not seoa DIS
,,Y,, ii "a. ms Interest Ia biy hofse, or
.ninnine Isnny tie Il d nni fcq"lre the gov
eminent 10 point IL ouf. II iho ci'Iens oil WI
pinin are ripe fnr msnufacinfes. ~ill Thy MOI
discoveT The faei ~ hout our all aud dnfs M
the eircumsiance thai they have not 'ssieh
their capital IN that way, prove that W. are DOT
ealeuiated for the business--0r that other GU
cums,anc,. are oounierhaaneing their efots.
What constitutes the value 81 any afiirie-
Of the coat, Tor instance, we have on our back
The wage. Of labor aud profit OF stuck cons
iue the gresl elements Of lis prlcs-Bui IA VIZ
einia u M, capital comparatively small, ara
The interest oil money high And - mol our
nopnlaiion morr sparse tbnn II - ~ the Noflh'
ern Statesl And, OF course, The wages 81 IA
bout are higher. But not"iibsianding th'se
two circumstances, the gentleman from camp
bell would ohadge the direction, ~ "hieh INC
ssracny of our citizens IL causing II IN How
and taking up with The business ol the Eastern
people. Mr. g insisted upon II, that this qnes'
ton was connected With the Tariff poieJ us
principles were M, dependent upon presl
dent or any adminislraiion-nhd Whatever Inc
administration b. which advocates such poh'
CIV, h. Wa still opposed 10 such policy be
cAusr he ieyr I.tNas unJ 1st a."el as nncon'
.,iu,,onal- And no nntiaf who may ndmlnis is
ter the govern nenl Of thu United Si1ies, ne
would altsmla 10 put That policy down. He
said the policy WAS u just because II gave
certain exclusive privileges 10 some, ~ tn e1
pensr Of others AID how do we encourage
manufacture. By creating punt stock com
+ ptnies hoN II they contract dtb's, can
/ You sue ihrm1 You may sue--Bui can you
E imprlson them take ont a capins al sa'isia
elendun Yon may dIslrnin thc'n-aph II they
/ have no subject which yon can distrain, yo"
cannot get them into court =: And after yhu
have gone through your suit against this intan.
pbe aud vlsihli corporation, aud obtained a
i Judgment against them, you rannoi take out
a oapias. And what property can yon touch I;
Only Ito effects OF the corporation. Very dit
! fsront indeed. is the case. where YOU sue M
! individual flr 10000 dollars you cannot
only take The nlfermosi mite Of his fleets, but
Won an seize aud imprison his person. Bal
where Gu sue n corporation for ihc same sum
you can only dsirain, perhaps for Slo,oOihe
amount of TIL jnint sio X, whlie thu partners
are worth large fortunes Anh ihI3 $ one Fl
fec, of Incorporating joint stock conpaoles
Take the cnsr ol the Petersbug Alauuta' IN ,ug
Compnns. He tnuk the cas- because IL was
established 10 his own phti IT ire country. ]
This company has - capllnl ot p5o,uoo, and
snppose them IN II course oil yearsto make %, =
/ 900 more Tue partners DIVIDE !, among III m
Selves. aud mix ! up with iheii prIva.r torinn"s
OH Of the reach OF the debts ol their corpora
ton And ycl II ,hat compang runs iu,p debt,
YOU cannot make the psrlners responsible ton
IL debts. They may make 300 per eni on
lheir original capital stock-thrv divide IL n
mpng themselves; tbcy are ihs sole in lge ~
| III distribution; they may divide among them
selves tue capital originally subscI TIED, an !
! whrn they run IN debt. thrre is nothing YOU
| tan dIslaln bui an empty coilel ~ an emPty
name, Mr.. G. believed that the creation oi
these join, took companies was injurious u
The manufacturers hemselves. For, you trmpl
men 20 ssrd a. little 81 no skin u embar>
| IN manufactures with which they sfc no. ne
! qndlnie1 You tempt them TO unite Nth 9TH
/ eIs. Into whose acts they cnnnot look ~ wy
| nntly rs If They hnd managed ihclr On con
| crrnt AMI b you look 10 these estah Ishment,
IN oinet Sintes, where they are managed by
agents, You find teen going on ruluou9ly o'
! less pt4ii ably, than whore the capitalist mann
ges his own concerns, (ike the Cunningham
oi this c,l) who attends - his owu interests
Nj. G. remarked upon thu Inconsistency in
tho nrqn"ent al tho gnntlem Gom Camp
70 u tie toticrs the oppressed state OF herlt a.
tnr. Tor wan oi capital, aud yet invl',.os by
asp cies OF eelslalion, ahdthe CT, alton OF join
! stock cnmpahi 5. To divert the capita, from
! agriculture, Ia employ ~ in manufacturer And
IA this the great specific, which he propose,
for revvng agiicuturef For hrs own part
ne 'honght That 81 long as the profits Of stock
aud wages of labor VEN so high m Virginia
We could not probably engage IN manufacture
Mr.. Minor said he was unwilling to minglp
in this DEBATE. llr thought tho SUI jet wa
inn nut shell. lie presumed. thai nobod,
could doubi the policy Of fostering aud cherish
ing the two erent interests Of Agriculture ant
! Manufactures, II mus either be left 10 tn,
| Federal Government OF 10 the St6tes 10 adopt
the policy. Now We deny il TO the Fedora
Government TO exercise ich a puwer-ior
winter after winter, we hive have passed reso
luton after resolution against the power of the
Federal Government, we have been constant,
loading culverns mud exploding them agains
this power. Aud the gentleman from Neck
enbutg had the honor fling off Que of ties,
cnlverins himself last winter. Ue sand he wa,
nat very old mau himsrlf but he recollrc,pt
The great changes which had been wrought il
The course Ola levy years On this suliect. III,
preamble 10 he fl acis OF Congress shove,
there was no doubt then eRtcrtained of III,
power ol the General Gavernmen' The sam
doctrine extended 10 the year lSO7-when n
the time of the attack OF the Leopard, the spiri
OF the people was reused, aud We declafed ",
could not be dependent on Britain for he
na""'"' 'ufes--tt WAS the rage of the dry Il
encohra6e "nr own manufactures "a lady hat
presented The Governor of Virginia with ,
cotton SHIRT, which he had X o,n on the 4Ih o
July, which was made the suhjec, Of a toast
aud the neces iy OF encouraging domestic man
uiactures at that crisis. was insisted upnn h,
many OF oar politicians. Me bers of Congrp,
who o"ce voted fol the encouragement of r,an
nfac'nres, have since voted against them Thee
II we say that Congress cannot encourag,
manufacturers, are we To play The pat of III,
dog IN the mangrr-and aie we not 10 exercise
me power AID encourage the policy tor our
selves
Mr. RivesofP. George. declared himself
opposed To the Tariff as oppre sivp and un.
cons'Intional-and II vas not 10 give sanction
10 that system that he was in favor of retaining
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