Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1831-11-24


whraunIern duty ofn,nc dollarsa ton, and I'M
Iproyed N quality from 6,c totem per cent by the
greater care and slsIl which more extensive invest
urui has naturally created under some eetttln pro
lection The rnolts ot the En.hsh manufacturers
/ 10 destroy the American Manufacture of noni apd
POSSESS A.mscl,os of our market have ocrasioncd
cxtulsi.e bankruptcies amongst thrm IN England.
and reduced the prier OF IRON considerably beo" tho
cost OF manuC,ctme iusomueh TINT convention o.
non manufactures, recently ibid there, resolved to
reduce tie quantity made twenty rei cent through
out the nllcd KINGDOMS. With the centfoul Of
Our market they would ntallibly regulate 10Th the
price and llr quantity ol the non III tins country
thirty the embellishments of winch have appeared
in Western Pnnay hanio alone, since the iaal lar
ilruct
The influence of protection upon wooi while IT
has been most bcnehelal upon The farming htht'H
has had no tendency, that Va are aware oil 10 lhult
the plantation state. The number OF sheep III the
United States ia computed at aho'n twenty mn
! ho,rt. Aud their increase at about five millions
since the nrt Of l72s. winch goee great impulse
To stock. The turner's Of Virginia, Pennsylvania
! Ohio New Yorl, ona other wool growing states,
have nm interest in this national property talen ut
! fifty fyc cent, per h. nearly Equal to the capital OF
the plantation st,tes IN the cottoncrop OF tins yenr,
f,clonina II at thirty millions Of dollars. There IS
no doubt that, Wllin three years to come, the hIr-
! M capal IN wool will be more valuable than the
plantation capital IN cotton Without protecting
! duties American wool would be reduced ono-hoi
IN quantity aud in price. The large hoeks winch
now cover the immense and lnexhuusilble pasiurtH
! of the United States most oil thtm more nr l'As
of the fine Spanish breeds, must he again slaush-
! tered ns has been heretofore the easc Tor want o
due protection aud tbs great caPln IN fierce socr-
! feed In that of cotton with enormous loss To one
interest mud with no possible advantage to the OH
cr For like every thing else woolen Goods nave
fallen from twenty 10 twenty hfepor cent biheo the
! last thrill Ihu immediate elect oi That eel, by
calling n lur,c number OF additional clotlnelB INTO
active enterprise, Wiz H. causca decline IN prices
rinnug H. many of those before engaged m
the occupation Under the influence OF The improve.
mcnt IN the price nj wool woollrn manufacturer
have ralhed again but Mt least, IA respects thcm,
the charse OF the monopoling prices Is cruel
mockery. The adqant' Gcs of the Inriii, IN It's ol.
Grafton upon wool, have thus far been confined al
most exclusively To tlle farming interest the man
ufacuucrs have yctnl their way 10 WIN and the
effect of that competitions which - the result oil pro-
lection, cannot be known until It has had longer
time Tor operation.
The finest csllon and woollcn manufactures are
not yet much made IN the United States but We
mny assert without fear of contradiction that nlnc-
tcuhs of llle American people, WHO do not Affect
lutcgn lukuarics and fashions, may bc clothed with
woolcn cotton fur and leather fabrics OF Their own
country better md cheaper, than either could have
been oblnncd abroad ifthc turd had never been en-
acted The grcntesl mistakes prevail IN tins rcs-
poet; II IS continually said TINT hats coats boots
and articles Of dress arc dcmer here than elsewhere
such sno the case with AL thoac who are ihdo-
pendent Of orrign iashlons.-lho5e who ENJOY SUI
ptrur wealth and study superior elegance arr at
liberty II crafty helr caprice, at that additional cN-
prnse winch such Qualification costs IN nli cnuh'
tries; IN none more lhnn IN Great Britain where
the opulent and noble are in the habit OF paying
more exlrayaeautly fer French, Aslntc and other
luxunrcs than some OF our opulent clt2cus chose to
pay, in Ike manner fer lu&qules imported from
abroad.
Whilst We assert that it has been the effect Of
the protective systemic benefit the consumers Ivy
Giving them manufactures chopper than they had
lnrm before we are willing to admit that prices
hayr had Il Correspondent fall IN the articles
abroad bal this fall Of price ubroad has been the
r, sud- Of the competition of American abor. It's
impossible Ia odyc1to the fact that the United
States export to foreign markets six times the gum
! ~ otdomestlc manufacture, that lhcy exported IN
/ $50 and II prescott furnish lnconparaby the lar
gtat shure ofthc home demand without perceiying
ia. tendency of such competition to reduce thu
prize OF the same articles amongst all those nations
who ann at supplying rs.
! But We hold It 10 be a common error to consider
The comparative chenpntss Of tie foreign and do
urs.Ic commodity ntest of the yauc OF the system
Even If 1t were true that the domestic product were
not reduced in price, nd,wne lobe procured only
ut higher cost than the foreign, still the bench
=. Il f.. 1T 4 .l,.
the domestic consumer to afford the HIGHER price
for the manufacture, and thereby to iurnl,#h INN
s,f on better terms than be- could have done when
Obliged 10 depend upon the foreign imported com
modity--that IN other word9, the increase OF price,
! 1T hps taken place cannot BE- called tl& upon the
consumer if the same system which has increased
the prce has also increased his means ofpaymg 1t.
That lhlsinrrcoscd ability to pay haa occurred TO a
mos, beneficial cxicnt,ls evident IN the m}i3oratcd
condition Of your agriculture ~ the last three OF four
years, during WIN II period the value Of the lobour
Of the farmer and with it thr value of his land, It
is well known, has risen some twenty or thirty per
cent. This augmentation ia the value Of agrlcnl-
tura laour and capital can be ascrbod 10 10 other
! causes than 10 the f.rsasc Of thc manufacturing
classes ind to the rapid growth Of orr home market
under the protective system. During tins period
there have been no wars to create demand broad
for our grain but the contrary all the producing
nations have been eXertng their industry to the ut
most, and maintaining rivalry AGAINST our own
citizens, which would have visited thtm with the
most disastrous consequences they had not found
a sLcady aod valuable market at home. The fact,
too, that agricultural products have risen whist
manufactured goods have fallen, furnish the best
proofs that the fall Of prices are to be mainly
attributable To the competition Of domestic la
bOur,
The oudcst complaints of oppression proceed
from the South, particularly from South Carolina,
IL. IL nm