Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1832-05-29


1916
In Mr. Colhoun's speech. april 1870 against Mr.
Randolph's motion TO strike out the minimum valuation
on cotton goods, the following passages occur
"The debate heretofore this subject has been on the
degree of PRorEcrIoN which ought to be oordetto our
and woosn manufacturers all protesting to be Ciend
y those infant establishments and to be willing extend
TO them adequate ENcouRAoEHrENT. The present mo-
ton assumes new aspect IL "a introduced proesscdy
the ground that manufactures ought receive
encouragement and WILL in its operation leave cotton
establishments exposed TO the competition Of the cotton
goods Of the East lndies," SC.
"Til the debate assumed this new forn he determined
be SILENT participating, he largely did i'll that gene
raj anxiety which is felt after long and laboous
sion, 10 return ;c the bosom of families Button a sub.
ect OF such vital importance, touching does, the
cu1ty and permanent prosperity OF country, he hop
ed that the House would indulge him few ob,erva.
tons.
"IIe firmly believed that the country is prepared eren
to maturity, for the introduction Of Crhc
introduction mark not due protection of those which
had already taken root awe have abundance OF re-
sources and things naturally tend this moment in that
direction prosperous has poured immense
amount Of commercial capital into this country. This
capital has, till lately found occupation in comnercc but
that state of tie world which transferred this country
and gave active employment has passed away,
return Where shall find full employment for
our prodglous amount Of onnage' where markets Tor the
numerous and abundant products Of our ccuntry1"
lWheret indeed And whtre was, then, the ruh fiat
capital ii left 10 ITSELF would seek profitable csncnt
Tor itself and that, therefore IL the country ripe for
manufactures. IT did not require 10 be encouraged into
that channeR Had not this ray net slone Into MIR 5
mind? Ii it yetdark the subject, why do not he
and his porzans make the acknowledgements Why do
they seek, al the expense Of truth, to vndcatc his
siScncy:
'The restrictive measures and ilc war; though not in.
tended for that purpose, have by the necessary operation
OF things. turned large amount OF capital to this
branch OF industry He had often heard il said, both in
and ont of Congress, that this effect alone would indcmni
fly the country for all its losses So high this tone of
feeling, when the want these establishments was prac-
hcay felt that he remembered during the war, when
some question agitacd respecting the introduction of
foreign goods that many then opposed it the ground of
inuring manufactures. He then said that alone
furnished sufficient stimulus, and perhaps much,
would make their growth unnaurally rapid: but that
the of peace would then be time TO show our af
fiction for them"
And how this affection 10 be shewn' How but
by promoting "ihcr growth" by means OF the stimulus OF
dutes in the place OF that afforded by the War; Let it
be noted that Mr.. c. throughout this speech is for
protective duties merely, but Tor stimulating duties His
object is not TO against loss those who had been
led by the state OF things during the invest their
capital in manufactures: this could have been expressed
in few words, and it did admit OF being expanded n
to speech His Objects 10 encourage neic Investments
He is not supporter, but builder. The effect of the
war in turning ga large amount Of capital 10 this new
branch of industry, he speaks of thing good excel
lent in itself effect be extended by legislation to
other capital which is 10 be encouraged into this
bIanch.1
But it will doubt be said, fthey are FAR establish
ed, aud If tho situation OF the country is favorable
their growth where is the necessity OF aoring them
proteefom 1t is to put them beyond the reach of contn
gency." $50 that, admitting that manufactures al
ready to certain extent established and that the situation
the country was hgly favorable 10 their growth Mr. c.
still advocated neutrality-suspicious. which put
beyond the reach of contingency, Chat is beyond the
reach OF foreign competion well those which had
ken root, those which, under circumstances favorable
TO their growth, and made still favorable by the en-
enlargement which he dvocacd could fail TO spring
up.l
In his Jealous defence of this stimulating sytcm lie no.
tees, among others the objection, chat capital employed
IN manufacturing produces greater dependence the
part OF the employed than in commerce, navigation,
agriculture. 1t is certainly evil, and be regretted
but he did not think il decisive objection TO the ssteD
haQ nOliti adv
which, in his opinion than counIcrpoised it, pro-
duced an interest strictly american, much G.r
culture, in 1chich IL had the decided advantage Of com
meTce or navigation. The country will from this derive
much advantage"
And this not the only advantage to be derived from
the encouragement OF the 'immense OF capital'
into manufactures. The system bear heavy har-
vest OF golden fruits varying in color and in flavor but all
delicious the taste, and saluary their effects Among
them one the presentation OF which this day, to
the father OF notification, would be well calculated to
sarile him: .4gdin, ii is calculated TO roGr-
THEIR MORE CLOSELY OUR wIDELY-sPREAD REPUB-
Lie! Hear him, fellow-citzcns of South Carolina
Hear him -
During the same session, in April 1916, Mr. Calhoun
delivered speech on the direct The following
extract:
The question relating manufactures must not depend
the abstract principle that industry left TO pursue lis
course, will find in It's interest all the encourage
men that is necessary. IIoy The claims Of the manu-
JGcterS entirely out Of Uieic but general principles
Without regard 10 their interest certain encotH age.
e should he extended at least wooen and cotton
manu- iacures''
ibis passage nlIy corohoratcs the business OF
nen upon one OF those previously given. MIR G. was
not supporter merely but builder: active, warm and
Jealous in the erection of the edice. So far as his voice
had weight, so far has he contributed the establishment
oil the system OF botbed manufactures. His whole in
iuence was thrown into that scale To the full extent oil
that influence, has he aided in sedcng capital and i'm
dustry o the country into channels which they would moi
naturally have occupied and which could be suddenly
closed las he nor would have them closely without cruel
~ and injustice to all whom bis affection Tor these branches
OF industry has cntrappcd.
In this passage, MIR. c. draws the distinction between
the manufactures, and manufactures. The question
about the protection due TO the former who had
ready Invested his capital in that branch he puts entire
out OF view. He confines his argument TO the question
OF fostering the branch of industry tsclf-ot enc0iyng-
ing new capital into and to this encOHaeinQ SfDli.-
fdfing hot-6ed process, he gives his zealous efforts"
And with these things record-pubished in newspa-
pers in every corner of the UnonMr. c. in 1926 has
the assurance to rise in the presence of perhaps some hun
dfcdS OF his immediate constituents, and tell them that hc
had advocated the protective system only r as il was
necessary for the protection OF those manufactures which
had taken root during and previously the Tar And this
experiment upon al-swaowinr crcduity having
Parently been crowned with success the next dose adj
nDiSered to us is, that he has counenanced the
protective principle at ALL! Oh shame, where is thy
blush2
have said that there ohertnes in this ALbeville
speech, which deserve to be brought to notice This
however, must be reserved Tor another commune alton
a FRIEND To TRUTH.
TTh tho pcro reference; for was
period OF restrictions In several of the speeches
e1uently rcfyrej 10 In
nroney ordcr sgrha WIN
have thought superfuous out lest hor so
attempt make believe thru il ven, go,o no, ivy ,
war, TO which lac had reference.
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8Tho following proceedings Goocband yyouI brvo c
oived Immediate attentions f copy us Toy publ
oaou We did not sec thonF they presented by