Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1831-10-17

~ ~ rlHfA w w HHFflinf VniE
Is still "nrm aud undimini.bed. that We ~,ol
call tnrir NIT 'ntipn tn those newt ,blo result.
winch neither they nor we will have tho pows
10 avert.
Examine the subject Tor a moment IN us con
nes,'n with thr principle, 81 m enlishtrne,
political economy, aud see II the consideration
"hirh hfe urged - snstain the system are no
ial ac'au4 nnd drlu.ive. The view mnsI b.
necessarily hriel consisting of hinis aud sur.
gesiiOns rather than al an extended argument
ot OF minute details. ut our object will h" nj
''tned II Theses NAV serve u awaken u spirlt o
d'n'ss'analc ,nqiirs.
We are the advocates of free trade. Tho nr
eniheni "hirh snstalns II rests upon n pTopo
siiion which may uol d. denied. II is the on
questionable right Of every indi,idual 10 M.
ply his labor and capital IN he modo which he
may conceive brst calculated To promnte his
own interest. Il Is tho int est OF the public
that hs SHOULD 81 apply II. lie understand
better than II can be understood by tho apv-
comment. what will conduce 10 his oVn hone.
II aud since The majority Of ind vidhai, " III,
II properly projected, be disposed 10 follow
Then 'n,efe.ts. such M application OF thcir
industry aud cnpral mus produce in the result
the greatest amount OF publlc cool. Lei il be
remembered. thu The question r%flllcs enalu-
siselV 10 In application of oapital. Il Cannot
he gcHtrdfed by m net of legislation. The
po"e' oil tue government Is limited 10 ia
transfer rom une employment tn another. IL
takes from soma less favored i~utc,o,l, wnnl II
besiows on the Que which IL Processes 10 pro.
tect. II Is cquhll, untrue that such a system
gives greater employment 10 labor, Its upe-
ratlon - confined 10 The simple change Of H.
application. Laws winch p,oiuc, by bounty
any peculiar species Of labor, cannot bo snid
to encourage american mdnstry-that "a. Ill.
rected To various obIf,ts, Those Laws favour
only "a sing g class aud since the bounty Is
oo' %snpplicI by the goerrnmcnt. but taken
'rnm The pocket OF the individual, the p,otrc.
ton which /, gwen 10 one species OF Iabor, Is
~ gwen nj the expense ot every other. Ihat
course oil e i4latiop, which leaves American
capital aud ldbni ~ the uuir,trted discretion
If those who possess the one aud pply the
uthrT, can alone be deuo minated the " AmuIl
can system"
he Interference Of government, with the
right of the lndiyidaal TO apply his labor aud
capital IN sucn mode as he may think most
conducive TO his Own interest, thus necessarily
operates 10 h'minIsl the aggregate amount OF
production. In othe, words, the amount OF the
neoessafies aud cunycuirncrg OF lie which are
enloS ed by the community Is necessarily
dmiulslch. lthIl nations then were willing
10 adopt the system OF free trade Tor ~lich va
contend, when Is nccOrdaut Ia tho spi'it oil
'h'iH'iihhD hiiu AhlChlhltu 10 hilllt hflptl III
harmony and peace, II cannot he doubted that
the 'utrrest ul each wouli lac promoted The
only question winch can be IalsGd On this part
81 HE subject Is, whether the adoption oi "a
restricilYe policy by one OF more nations makes
II the interest OF others 10 rGcipTOCato those
rostficttons.-I The auswcr seGns 10 he sni=
hcicnily obvious aud M, istdClory. The pro-
position which assGtls the s%npeIior advantages
Of IA tree trade among all nations, rests upon
the following principle. The universal Tree.
dnm ut action winch u hllt~s. tends most
thoroughly 20 deyelorc ,hr moral aud phy aichi
enel B'"s ni each naiion, aud 10 apply them II
lhopr uh1rCts 10 winch they nte best adapted.
The proposition must be .qnaIly true III rela.
ton TO thrh natlpn, whatever mny b. Tho poll
cy adopted by others, The nation which re
sorts 10 n rcslIlG I'VE policy, lcgi,latrs 10 hef
own dl5adVantnR" hy lnlorferlng with the natn-
raj und most Profitable cmplo, ,ncnI of capital
10 tho extent 10 winch shc thus eIclude, nnutbeT
uhtiOn from nn accustomed or from u desirable
ma, kei, she occasions, !, Is true, IN thai nation
al.o n displaCamGn, OF capital from It's natural
chanuelas But can the remedy consist ~ n
reiaIiaIOrs system Of legislation ? IN a system
oi fufihrr reflections imposed by thu latter
nation Ill u br tTle that u rcaIIicIiVo sytiem
Is injurious 10 thu nation imposing IL, does II
cfa-e 10 BIZ 80 IN regard 10 the Inter nai'on,
because II Is also injurious 10 such nation Z
y ~ " 'IIiT 'lts W. ~ u tbih AAhFa
oi Gtoar L ualn, considered ~Itt, reference TO
tnelr effect upon us, !, I not lhcn obVions that
"A sys,em OF pretended tCtdllptIpn, winch cuiel.
tei, the productive energies al our own people,
whatever may be It's enroi upon lha, nation,
must necessarily Increase the e, lis We ourselves
are destined 10 sustain
Il IS strongly mgei ms n motive TO the contin-
nance OF tn exiting nrrn, that IFS operation
has been TO easrl - reduction ot prices. These
bAvp, IN fact, Gllca since 1916, and our oppo-
nenis contend ilat Tins has been the result Of
dom, site conpeutio1. A muWent's reelection
viii demonstrate The lnll,cy OF tins assertion.
We present the sIngle fact IA the outset. The
dimiuuion Of rec has Leen general. No ""ii IA
relation To articles which are not protected by
the exlsil0g tarttl of duties, as 10 those winch
are. II cannot therefore have arisen irom tlis
cause. let us remember now thai tbs Ill
mnnution OF pficr has occurred every where
abroad as well asht homr-& not only IA an
eq al, but, MS "A ncCf3sary cons qnrnce OF the
taIltl, IN Il greBter degree there linn here. a
mang III causes when have produced this re-
suit, two prominent ones are presented 10 Your
eoas,ieratlon-tho Diminished amount OF tho
cuUuIatng medium oil the world, add the a.
lonishing improvements winch hive been inlrp-
duced IA The modes OF production. lie
cost ot the production Is less the co nparait'c
value oil moasy has become grrntnr. Chn We
wonder at the result Lake the ca1e OF Cot
ton gools-ihese have falleu IN price here
since the enactment OF the tariff. But the
same thing Is true nal only ia TN equal, but ~
a greater degres AbIoad--and the reason is OBJ
vlous. The Causes when nnve pro inced this
fcsult-those winch have been before stated
have elsewhere been lett to exert their toll
influence in rlT.cuog tn reduction Of price.
Here ibe,r operation has bcen restrained by
the conflicting iull lcnce OF the tautf. Inc
reduction therefore With us las necessarily
stopped al "A Jolni, whlGl, Is ascertained hy All
ding the amount Of du;y 10 the priGe oil the I'M
rorlea arlcle. Thus the dimuntion oil price
! here has not hren produced by tne thfH, bat
In despite OF it-aul has bren retarded ~ u.
But Tor his law, the imported, which would
take tho place al TIE domestic article ~ Inc
consumption Of the country, would he obtain
ed at a ~ ICE g5tHdy DrlI~ lhat whIch We &C
tuaIly pay. ani he d,ltrlence, amounting year
" TO many ~ liiOus OF dollars, "odlI be saved
10 irn community. II cannot be doubted tina
the prres OF all eanmodlies, the domestic pro
ducton If which Is Jorced by he imposition