Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1832-02-06
LHNCnBURG. FEB. Il, 1882.
MIR. nAYNE, S SPEECH.

MN ia NJ > SfBt1t1.
In u former notice Of this able assault upon the
Protecting SYSTEM We remarked, in relation to the
gloomy picture which Mr. Hayne drew of its desc
latng effects upon the South, that, IN our opinion,
the eolors upon his dark canvass were supplied 10y
his own imagination rather than by existing facts
Since that time, We have seen an article IN a
Charleston paper which eonsinrcs as that We
were not wrong in that opinion II those wlo are
constantly Whining about the decay Of Charleston.
(says that article anI how much they have TO pay
Tor their shoes. hats &c &c would dolI lhelr jack
cts and soto work anlmake them for themselves
and within thslr own means, then they would have
more money IN their pockets and more happiness
4" Who are the constant grumbers, the snarlers
in this or any other coantry-are they the men who
earn their dinners before they eat them? | pause
for reply" Finish the railroad drum null
Gcaton out of the State aud 90 10 work, and in less
than half a century, tariff or tariff, Charleston
viii be more prosperous than Toy or Athens ever
,
and III were acted upon with proper spirit, the ope
rations Of TIE tarir system would be equalized and
is btnet5 would be felt in all the cxtremities of
this widespread Republic. The objection urged to
this b. Mr.. Hayne, that manufactures cannot
prosper IN the South Is utterly unfounded and ii is
proved to be untenable by the fact, TINT even
If hi ,puit,, cnn1d oddurn mn stropr.r nrgllrnnnt
to sustain /, than the fact that the slaves who would
be employed to labor IN them, are dishonest, will
steal and then apply the torch to conceal the lesser
crime of rozuery. To render the argument conclu-
siyc, A-r. Hayne should have shown that white OPP
cratiyes have fewer temptations 10 pllfer less IN
duccmcnts to hide their guilt. Be tins as it may,
however, the fact is clearly admitted by h m
self thata manufacturing establishment DID sue.
lcsa in Edgefeld, and that lis spndes and looms
were stopped, not by the difficulties the unproft-
obIcnes5 ofthc speculation, but solely by one OF
those contingencies against which human foresight,
aad caution can no more guard in the North
than in the South Facts indeed, have al
ready told US tlat the torch ofthe inccndiary has
been busy elsewhere than IN Edeefcld and ifthat
15 fam argument against the probability Of ercc
ting manufactures, 1t is applicable alike to all sec
tons oithe country
TIE truth is, tie decline ofthe South is attrbuta-
bic to causes beyond the reach ofthe Tariff system
enc of these causes Is the over-production of It's
chief staple, Cotton 50 much beyond the demand
ior it 4 reference 10 authentic documents proves
that the quantity Of cotton thrown into market AT
the present period is nearly double the quantity
produced whenit sold at twice and treble the price
winch il now commands. And the single fact that
thl arg rcgaic Of ats uaiue amounts to about the
same sum that it did when it brought25 and 81 cts.
per H. shows concusiyely that the decrease in price
is attributable, not to the operations of the Tariff,
but to tho increased production beyond the consump
ton Of the article We nave nov before US a ia
bic (for winch we are indebted 10 the n Y. Amer
lean Adyocatc) showing this fact most conclusive
ly. The reader will perceive, from the uniformity
Of the aggregate ralacs in each year. that the de
cline in price per pound IS almos, intallibly indexed
- l 4,