Phenix gazette. [volume] (Alexandria [D.C.]) 1825-1833, 1832-02-15
WEDNESDAY. FEBRUARY Is, 1889.
Mr.. MeDUFFIE's REpoRT-Conel,.ded

the burhens imposed by the protecting system on
the planting States. 1t has been seen that the
price of cotton in the U. States is diminished two
cents pound by that system. Estimating the
quantity of cotton sold TO the northern manuiac-
turers at only one hundred & fifty thousand bales,
averaging 500 pounds, the loss upon 1t VIII
amount to nine hundred thousand dollars; a loss
to the planters, which is clear gain to the ma
nuiact urers. 1t is thus apparent that the north
ern market, which has been represented as crea-
ting an additional demand Tor cotton, Is nothing
more than the substitution Of an artificial and
bad market for natural and good one: and that
the Indemnity which it has been supposed to al
ford 70 the cotton planters for their loss upon
what they export. consists in the additional ioss
of nearly million of dollars. IL the protecting
tutie, we're repealed, can il be doubted that an
increased foreign demand would be produced Tor
cotton to three times the extent that the dumes-
tic demand would be diminished? There Is
scarcely any limit TO the demand Tor our cotton
in Europe. il we will freely take manufactures IN
exchange for it. Let US suppose that the repeal
of the protecting duties would cause an lncreas-
ed annual lmpor tattoo of foreign manufactures 10
the amount of ten millions Of dollars, OF which
four millions would be OF cotton manufactures. -
For the whole of this increased Importation. cot.
ton would be received. creating an Increased To-
reign demand fer more than three hundred thou
sand bales But the domestic demond for cot
ton would be diminished, only, by the subsIltu-
ZION of the four millions of imported, Tor the same
amount ut domestic manufactures And as the
raw material required Tor that quantity oil manu-
features would not, at the utmost, amount To more
than one mliinn OF dollars, it follows that the do
nestle demand for raw cotton would be dimln.
ished about thirty three thousand bales only, and
a, II 1at al
for cotton abroad aud at home, would be two hun
dred ond sixty.seyen thousand bales This re
silt will b. fully understood when we reflect.
that it would be produced by removing the hea-
w incumbrance Of prohioitive duties. which now
i'm pedes and shackles the intercourse ct the plan
ting States with their natural markets. The ma
fur Il market of all producers is that which will
afflrd the best price, and largest demand for their
productions. The people of the north under
stand this perfectly well; and it is a remark. as
frequent as it Just, that II is better tor the TAR
mer there to give 4 higher money price for ma
nufactures to the domestic establishments, witch
viii take the productions at his farm IN exchange,
than to obtain these manufactures al a much low
eI rate from The foreign establishments. %hich
will take scarcely any thing ne has 10 give.
ney demand, and almost 4 new value u Great
ed for his productions. by the domestic factories.
lures. he gives. really, much less. And it is
strange that it should rot be perceived, that what
is true of the northern farmers istquaIly true OF
the southern planters. The European manufac
tories furnish the natural market for the latter,
for the same reason precisely that the northern
manufactures furnish the natural market Tor the
former. That reason. Is, because the European
manufactures will take, in exchange Tor their ma
nufactures, nine hundred thousand bales OF cot
ton, which the northern manufactures will not,
aud cannot take. II is, therefore, In all respects
rs unjust aud tyrannlcal, to Obstruct ar impede
the free intercourse of the southern planters with
their natural markets abroad, as il would be to
ubStruct or Impede, IN like manner, the free in
ter, curse of the northern farmers, with their ma
turai markets, the domestic manufactures.
Ii Congress should entirely repeal the duties
upon ,mported manufactures, and levy an excise
du'y upon domestic manufacturer equal to that
which is now laid upoo those reported. it would
b. noth,ns more than returning to the lips Of the
nn-'hern manufacturers, aud their associates, the
pp,soned chalice which they have so long held to
the lips Of the southern planters. 1t would be
taxing their productions. and exempting those of
the south. perciseIy as the produe lions of the
south have been taxed so many years, while hose
Of me north have been entirely exempted But
the committee have not yet finished the expnsi-
ton Of the evils inflicted on the planting States
b, the protecting system, taken in connexion with
the fiscal operations of the Government. No just
estimate can be formed Of the oppressive acton
of the Fedora. Government upon the southern
States, which does not add also the inequality 1T
its disbursements. To levy one half ct the fe-
deral revenue from cotton and rice alone-the
productions of one fifth part OF the federal pOpu-
iarion-wouid be, in itself, Sufficiently oppres-
sive; but TO levy this most unequal contribution
from that part of the Union where imported ma
nufactures are produced, and expend it. almost
exclusively. in that part where untaxed protect
ed manufactures are produced, is almost to du.
plicate the burthen, and Is quite enough to &C
count for the general decay and desola,ion which
have silently oyerspread. and are still overspread-
ing, the devoted region of the south.
To sun up and express the intolerabe griev-
ances Of TIE Southern States in single phrase.
they are reduced to the very worst condition Of
colonial bondage to the tariff States. They are
prohibited irem exchanging their productions