Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1832-03-12

proceeds IN foreign market tsh eare to max tho
investment IN such merchandise a. when brought
homa he can sell with IA fair profit ana consequent.
! ~ The consumer would pay the original cost aud
charses and profit
) lheneN. objection 10 the American System IS
that II subjects South Carolina 10 the payment oIan
undue proportion Of the public revenue Tn, basis
of this obI,ctlo Is the Assumption shown To have
been erroneous that the producer ofthe tNpousfiem
tins country pays the duty It's imports instead of
! the eoasumerot those imports Tho amount which
South Carolina really contributes To tho public l,,-
emu, no more than that Of any other State can he
precisely asccrtancd 1t depends upon her con-
sumption OF articles paying duties and We may
make an approx auon sufficient Tor all preeneal
| purposes. The cotton planters Of the valley OF the
Mississippi, with whom ann acquainted generally
| cXpeud about one third of their income in the sup
port Of their families and plantations On tins sub
| Jcet. hold IN my hands statement from friend
OF mtae, otgrclt accuracy, and member OF the
| Senate. According 10 TINS statement IN crop of
! ten thousand dollars, the expense may huctuate
between TWO thousand aud cieht hundred dollars
and three thousand TWO hundred dollars OF tins
sum, about one fourth from seven to eight hundred
dollars, may be lad out IN articles paying the pro
| tcctng duty, the residue IS dlshused for pGs,,i
| SONS, mules. horses, oxen, WAGES Of oycrsecr, a.
Estimating the exports oil South Carolina at eight
millions, one thfd Is two millions siN hundred md
sixty SIX thousand SIX hundred aud sixty SIX dol
1Hs ot winch, one fourth wiIlbesk hundred aud
SIAty= thousand sIN hundred and sNiy-siN and
two-lhirds dollars Now, surprising the protecting
duty to 6c fifty per cent, and that It alt enters INTO
the price ot the article, III. amount pad by South
Cafoiiaa would only b. urct hundred ana lhltl}
three thousand three hundred and thirty three and
one ihnl dollars But tn, total revenue Of the
United States may be stated mtwenty i've millions,
OF winch, the proportion Of south Carolina, what.
ever standard whether OF wealth or population,
De ADOPTED, would e about one million. Olcourss,
on aila Vie" OF the SUBJECT She actually pays only
uncut one lhlrI "i M hdf ANA legitimate snare.
repeat mat nave NJ personal knowledge oI iht
habits oil actual eNPehdll'Hch south ! aroma they
may he greater thall nave stated, ID respect 10
other parts Of the cotton country but # they ar
that ilet does not arse from any detect IN the ays
tenn OF public policy.
l. An abandonmentof the American System II
is mseJ would Lad 10 an addition 10 oar exports
Iotoae hundred and fifty millions of dollars. The
amount OF one hundred and fifty millions Of cotton,
IA the raw state, would ptuducc four hundred aud
htly million, N the manufactured state, SURPRISING
10 srl#,t#f measure Of value to be communicated
IN the manufactured form, than that which our
industry mpurts Now, sir, where would markets
be found for tins vast addition to tie supply
Not N the United States certainly ror m any
olhsr quarter Of tie sI"oe England having already
every where pressed her cotton manufactures h
the utmost point ii REPETITION Wemost look out
for lev worlds, seekior new and unknown race
of morias To consume tns immense increase oi
cotton fabrics.
General llAYNE said that he did not mean thai
the increase otonc hundred and tdty millions 10 the