Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1838-10-26


ors 10 the extent of not only 80 but Of so 100 mil
lions of liabilities But the mos important relation m
which the banks stand TO the community overlooked
when il is made matter Of indifference whether oanFs
NAV not their loans eff crcd, 10 any amount
having the of tia, increase simply inc De
mand for their papcr tho extent and character "' 'H'
and the sscrriiy of their mole hou''' "c
depos.tors. Charleston Prtrin.
CAREY ON WEALTH.
We had occasion months since, 10 noNCe "' oc
tavo volume from the pen Of our tcwnsnan henry V
C,r.v Fso u,on the subject OF political economy, IN
which the beaten tack OF received writer's han ceen
eft aud the subject viewed and examined III ne"
'iph. We have now befure us second volume on the
nme grave subject, and intend 10 notice this, we
Mha refer 10 the contents of the anisccdcnt volume
it'll Il view Of showing the enlarged views ni The au
ehor In the first volume, he undertook to show what
wre the iarS of The production and The distribution o.
uIealth, with view CT showing that with The increase
population and extension of cultivation, there is con
family increasing power 10 produce those commodities
which desirable 10 man. and which constitute wealth
As Mr. Carey, in occupying this ground, stands 80
entirely in opposition 10 Ricardo and MaIhus, it may
we'll be supposed that he had prepared his weapons OF
defence with care, and Pernsal OF his book satisfies ms
readers that they handled with skill! Pursuing
the subject in its comprehensive grasp, MIR CH'ey I'M
derakes the second volume that Is now heio'e US 70
show what the of the great differences ~ ne
moral aud physical conditions OF various halohS OIL 'e
world whose positive and relative conoohs are Pafl'
culsr,y referred to- and why the u States, with very
limited population arc far productive than That OF
France and Engiabd where the population Is very oene
Pursuing the subec, with this object Mr. Carey enquiries
how far security of person and property IS obtained In
these natios and especially at what cost thcse are
cured TO the citizens The resul, OF tbs enquiry made
evidently with great and research proves satIsac
tery that security in directly the reverse ratio OF cost
The author thea refers the United States, afford
np the best instance Of security, aud shows the effect
OF this great security and its diminished cost, 10 pro-
noting the increase Of capital He then compares the
condition OF this country with that OF various nations,
merce intercourse education, religious Instruction. ana
The habits OF indusry-he result of which comparison
prores tha, precisely refrain fIom making war
upon their neighbours they enjoy security and the power
of uurmen,ing their capital, and thus improving the
quality Of them md with every improvement in the !!
quality Of labor, the author has shown, there is dlm
mutton in the quantity or severity Of labor, attended |
with Increasing production. The amount Of production
being understood Mr. Carey proceeds 10 examine into
the mode OF distribution, with view 10 show that with
the increase of production there is n constant increase
in the proportion falling TO the share Of the laborer-
This portion Of the work is Of peculiar interest to every
American reader the author establishes with most
pertinent illustration that augmentation OF produce IS
in favor Of both laborcr and capitalist but vita It's IN
crease there is constantly increasing facility the part
of the former raise himself 10 level with the latter
The Unted States referred to BY way OF illustrating
this where there is improvement
the moral and physical coRdon Of all portions Of
the community.
We regret oar inability to make extracts from
the volume this interesting portion of its argument:
i.t-nce general conten,s. The philosophy OF Mi
Carey comforting, and he speaks If he felt that he
diScoarsing OF one Of the exact scicnces-hence
there IS confidence acquired He dspels the gloomy
tprebodin m want, which Mahu suppnscs must
attend increasing population. That writer teaches that
population has tendency to increase rapidly than
The Of support, and consequently that war; pes
thence and famine necessary to the restraint Of in
of population. MIR Carey, the contrary, teach
the doctrine most consistent with Tie goodness Of Pfo
violence tina. subsistence invariably increases with more
r,i.y than population, except when prevented by war;
pasence and other Disturbing causes-ond that for
these from keeping down population to the level OF
subsistence they the cause why subsistence is kept
below the level Of popuation-ttla so lar are these
ecnurgcs Of from being remedy for evil
rulinr from law Of mans nature, they themselves
the Cause of the existence Of tie eYil.
We thank the author for his satisfactory exposition Of
the simplicity Of natural lava which govern the opera
tons Of man. and Tor teaching that The poverty, mi
scrv nd wreicheGness which throughout, he world
invarSbiy rcEult !rom stupid and ignorant inter,
ference with those laws
We have already stated that the volume before us is
second of series, the third and last If which will
contain enquiry into the law Of population and
eadeavor show how far The peanmen observed in
accordance w,h The views promulgated in Tie previous
volumes q s. Liaz.