Daily Richmond Whig. [volume] (Richmond, Va.) 1828-1831, 1830-09-15

Getty. fhat object, it has been supposed. can be
best accomplished by in,roducinc. enco,r,g;nc and
protecting the arts among us. 1t NAV he called I,
system OF real reciprocity, under the operation ~,
winch one citizen or one part OF the country can OK
change one description of the produce of lnbor with
another citizen another part of tho country far a
different DESCRIPTION of the produce of labor II 10
system which developers, improves and periccts tho
capani,ties OF our common country, and enables us
to avail ourselves of all the resources with which
Providence has best us. TO the laborinp ,lnssc. !,
is invaluable, since IL increases and mutiprs the de-
mands for their industry and gives them an option q
eeunp'oyments IL adds power and strength TO our
Union by new ties Of interest blendinu mud conncr.
ting together all it's parts and creating an interest,"
with each IN the prosperity of the whole II secure,
To our own country, whose skill and enterprse nron
cry tostered and sustained. cannot be surpassed
those vast profits VIII oh are made nm other countries
oy tue operation OF converting the material into
manufactured articles. II uaturalizes md cre,t,.
within the bosom Of country all the arts am
mixing the farmer, manufacturer, mechanic artist
ana those engaged in other vocations together nd
uni's OF those mutual exchanges conducive TO IN,
prosperity OF all and every one free from tho per
OF the sea and war All this it effects while il nour
sues ana leaves FAIR scope TO foreign trade. Sup
pose we were nation that clad ourselves aud mad.
al inc implements necessary to civilization but di,
not produce our own bread, which we brourbr FROM
ietei%n countries, although own was CAPABLE u
producing It, under the influence of suitable lav.s ,
PEo'ee'ion ought not such laws to be enacted! Tn,
In A
.a' state OF things which led TO the adoption of tn
American System. N
That system has had a wonderful success II ho
more nan realized all the hopes of its founders
nss completely falsied all the predictions of it's
hcnts. AZ has increased he wealth and mower an,
population of the Nation u has diminished IN,
p'ice OF articles OF CONSUMPTION. and has placed hop
WNH,h inc reach OF a Tar greater number of our pco
PIE than could have found means to command them
II they had been manufactured abroad instead of :,
home. - :"
But is useless TO dwell on the argument IN
Of inns benehccnt system before this audience. Il
VIII Se OF more consequence here TO examine snnc
OF the objections winch arc siill urred snoin., =,
ana the means which are proposed to subver, :,
these objections ar" now principally confined 10 il,
operation upon the great staple of cotton wool and
thoy are urged with most vehemrnce in particular
ate II the objections well founded the system
should be modified far as It can consistently WI,
interests IN other parts of the Union. II they arc
not well founded 1t IS 10 be hoped they Will be final
" abandoned.
In approaching the subject. have tbouph, !, ri
Importance 10 inquire what was the profit made unon
Capita! employed IN the culture of Cotton nj IT'S pre
sent reduce price. The result has been information
'hat II netis from ~ to ID pc cent. per annum
varying according 10 the ADVANTAGE or sifu,,in ,nI
the degrsc of skill, Judgment and industry applied 10
the production OF the article. But the lowest rate of
profit IN the scale IS more than the greatest amour,
which is made on capital employed IN the framinp
portions Of the Union.
IF the cotton planter have any lust conp,oint n
sainst the expedIency OF the American system :,
must be founded on the fact, that he either sells less
OF MS stap or sells at to,rer prices purchases for
consumption articles at dearer rates of toorse DUAL
mes IN consequence of that system than he wuud
do, iu did not exist If he would neither sell rno,e
Of ms staple, nor sell 1t at better prices nor could
purchase better cheaper articles for consunn,,cn
PROVIDED the system did not exist then he has no
ON the score OF It's burthcnsomc operation To com
plain of tho system, bur look to other sources
Tor the grievances which he supposes afIlict HIM
Asrespects the sale ut his stap" II would be ind If
fnrent TO The planter whether one psrton of i, ,,s
SOFA IN EUROPE and the other in America, provided
inc aggregate OF both equal to all that he could
sell IN one market if he had but one and provided hc
Couid command tue same prices IN both cases The
double market would indeed be better for him.
because Of It's greater security time of war as yaII
as peace, and because II would be attended WITH L.
pers and less charges. II there be an equal arnn,
oil the raw material manufactured il must he n,n,a
terIal TO the cotton planter. in the sale of hc o,
whether there be two theatres OF the manuC,sr-,
one IN Europe and tho other in Amer,co or Inn, 49,,
IN Europe; or if there be difference il will ba -
vor oil the two places OF manufacture instead of on
tor reasons already ASST gned and others that viii no
hereafter stated. ' WIZ DC
IL could be OF no advantage to the cotton planter
II al the cotton. now manufactured both in Euro,a
and America, was manufactured eyclusivoIu 49, ~
rope, and an amount Of cotton fabrics sbouId L
brought back from Europe, equal to both what =; 49,,
Drought from there and what is manufactured in Tho
Womb oin
thing, the United States would lose the profi md
Ploymcnt resulting from the manufacture of that
tion wGicn Is now wrought up by the manufIcturers
Of the U. States. 10
doc mess n therefore, 1t can be shcwn that by the re-
american System, and by limiting The manufnc,urc
OF cotton 10 Europe, greater amount of r,v mat
rial would be consumed than is nt presant :, ., T,T
cult to see what interest so far az rcsner, rho .I
OF that staple the cotton planter has in tho subvsr
n Fpft, Il
admit OF larger investments IN Rrtish ~ E."nn,
ao ,L o, cotton and their subsequent importation
me place. II consumed, Of an eou1I nrno1r, Of ..
icnn manufactures, and consequently would not aug
tnGnt the general consumption Of the raw m,t.,iI
Additional importation does not nocessn riv mai -
creased consumption, especially when II is cfIec,cJ h
policy which wodld impair The ability TO unrclasc
and consume. - fN
Upon the suppo'tion, just made Of a resric,ion IN
EUROPE OF tho manufacture Of cotton. womb MOI ~
less OF the article be consumed thon now is, M,ro
could not no, unless in consequence of such ,nono
oily OF the manufacture, Europe could sell more tbIn
she DOW does But 10 what countries could aho sor
norc' She gets the raw material now nnbr,,l,J