Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1838-08-24

Carolina is entirely erroneous and unjust IL GOES moi
c,us apy vassasge ndance from labor on caP'
labor and aplls mutually dependant on each Diner
for sn,Ioy me nj and the cannot BE- successful WIZ"
n, tho o,cr Capital is the very soul and lie oil lao"
WILTON, which il could not exist Tor moment o tne
e,,eui that the employment o! capital AIDS IN 'e A
tension of commerce. aids labor, by increasing TIE oe
,,,nd for manufactures mud agricultural Pr"nucts'
oJ NIX how this system operates upon classes 50 ~
T., discriminate between them: Every man Is athoety
In harrow or TO invest capital IN any way lie chooses
E,.,v many NAV pursue any business or emP!nyfErh'
- nav harrow or not as he chooses. Every man 3 pro
nd labor protected by the same law and remedies
pndihe cessnry result u.s. that wealth poverty
onI,r,v upon the skill, industry aud economy either CT
,I nj, list or laboer for see every day Inc cap
,r,. hecome poor and the luborer become rich, with
~, ,sn,rJ tn condition. | do not know what may be
me case in South Carolina, but in Virginia hereditary
wealth has rapidly passed away, and the lhh'hncrs
49,, ruucrous in which veal h. The product u isoo1,
cco,,n,v and skill is substituted Tor It. KNOW 'hui
vLn- Nv many who, from the use OF BORROWED cap,'A'
b,rr by lis skiliul employment, become themselves
extensive capitalists. system, under the Operations u
which, the wealthy become pnor and Inc poor "F"!'"y'
securing rs they sku economical and industrious
cannot have in ITSELF any lnrdlous principle "i PERM
cnus discrimination. The employment OF capiiai, \" he
ther in money, in stocks, IN merchandise IN
irres or in agriculture all depend for success upon tHe
scm. causes skin, economy and indusry; and Is not IN
Nnrnced in the slightest degree by capital except as an
auxiliary feel well satisfied that observation alone,
will move 10 every impartial mind that g" lar from l!e
ucr dit system" having rAerCd pPrncipus influence
ur,n tIe aEonn classes of the community, that 1t has
c,er,ed beneficial Individuals may have by The
pnskiIfu and mprovIdent u credit suffered injury,
but the great mass has been brnsi!Ird 49,
The honorable gentleman from South Carolina (Mf:
p;ckensl nrprs Us Of the ny this bill should
be adoped lint it will cut of Tint conmcrciu depend
cnc- which the South has long sustained TO The North,
and restore lie South direct trade. THIS Is an ar
pumrnt addressed Of course 10 the especial c"nsidrIa
lion of tie South and merits most serious consIde-
ration beth in its commercial and political aspect Mr.
Chairman do agree with the gentleman from Sou'l
Carolina that whatever may he the state OF commercial
druendrnce, existing upon the North by the S0uh
that it il in the slig hest drnree the result oil Tie Imam
cial pulley this Government, but the result Of causes
growing out Of the enterprise and policy "t The States
themselves Revenue follows commerce, and not com
nerce revenue; SO that mere system oi reVe
nue. dependent entirely upon foreign commerce. could
have possible influence in directing f"rrign goods
TO any particular port, unless The duties we're une-
quail, which is not the Such result could mol
lave been produced by the recep Of bank notes
in payment Of The public dues for they were receivable
wen in the South the North; so that oGr iinan'
ciGl system could not IF Itself have rxcrted any male.
rial influence upon the subject Il the dependence has
resulted from the influence Of the bank capital Of The
North then Sir the only remedy IT, 10 give 10 The South
the facilities for be assured that the medium IN
which Ie receipts Of the of this Government
shall NJ cnIlccted, will change the direction of
srplc ship The South The North contrary to liz
usual course. Existing will operate as they now
do whether this hill passes not Tie IncqunlIy be-
tween 'he c"i"me1cal operations OIL '"' .r,'' '"G r
SoN'', arises rom causes ha'n'a' ahu a'n', d"u "'
always exist where such causes operate ne severity
OF climate and steriiiy OF Soil IN The Nort mas rencced
agriculture Improbable; hrHcr, Sir The Northern STATES
mainly turned their attention to the more Prohlaoie pur'
suits If manufactures and commerce while the S0ulh,
with nlldrI climate and more productive soil, has
mainly turned lis attention 10 agriculture
It's the nn,uTe Of man. ms well as o communities, 10
pursue that employment Which most profitable Now,
Sir III the South agriculture Is tie most profitable en-
PoymcTt; hence the great mass 81 lis people are employ
ed IN agricultural pursuits. In the North, manuiactur'
ing and commercial pursuits are the mos; pr"hahe;
nruc the great mass OF It's people are engaged III ths
so long a. agriculture the most profitable eGp!uy menl
in is South cannot perceive low ii can BE- benefited
b. d!.eitnr portion of lis lubor from agriculture 10
commerce. Whenever The agricultural profits OF The
South shall 50 diminish US make it her interest 10 en-
bark in commercial pursuits she will Do and not be-
fore Now is not her interest," because Nmrthern ma.
vicaliUn he employed with more economy than her
own This. Sir, the true reason, and the effect VIII
exist long ir continues II the South would
rnr- into successful! COMMERCIAL competition WIN me
North, let the Southern Sla'rs press with zeal ana ala
CITY, their works Of internal improvement, ana ahoia
the fac,c, of credit 10 their commerce. then They
will accomplish their Object. and not without: these are
the elements Of prosperity the want "f which has
thrown The South, particularly virginia, so lar BEHIND
her sister States IN general prosperity IL 10 VAN, Mr
Chairman, ~ country where property Rhd laUor arr
equally protected and industry end enterprise equally
encouraged. ascrihe any system o. currency the IN
cquars Of wealth and poverty it is an inequality pro-
ductd by the inequality Of men ntel|ccis and habits.
tween me N%i'n@In ey OF He% l@k snu .'r r