Edgefield advertiser. [volume] (Edgefield, S.C.) 1836-current, 1839-07-04

available at the spot where he owes his
debt, as money itself.
Another advantage results from it. His
customers will buy more freely when his
gnods are fresh. That merchant does the
best business whose goods hest suit the
wants and tastes of his customers, he
need buy no more al time than will meet
ready sale-tor. being near his market, he
can in a very shon time gel more goods
of a given kind if needed--he thus makes
smaller capital do Il large business, and
runs iue risk of sustaining losses by goods
growing old on his hands, aud going out Of
fashion.
The Committee Of Twenty one, have
urged with grea, force view in relation
to this branch of the SUBJECT, which eau
not be too highly estimated, 10 wit;-lhe
accumulalions which result 10 the capital
Of the country, by kreping its own trade
andthe profits cn it at home, increasing
The mcaus Of the imp"ter for enlareing his
imPortations, aud extending his credns and
accommodations The official reports from
The Treasury give us some data on which
10 base caculalio which may not be
wlthour lis use. In 1884, IS, g Y, s, five
years, the exports to foreign countries, Of
domestic produce, from Charleston. was
by Custom House valuation, $50, ,OUU,OUJ,
hrowins off fractions. To This must he
added for what was sent cOastwise, per-
haps 25 per cent. orSl4,5 100000. making
in all of domestic produce, 81, 5000 or
all average of Sl4,5J0,OO0, by Custom
Huuse valuation. II the moderate rate
OF 10 per cent. be added, as their value in
foreign or Northern markets where they
are sold, it will make an average annual
amount of near 81 6.00U, 700, which should
have returned to Charleston, in The shape
Of goods and other supplies for the con-
sumption of the country which furnished
the exports. IF from this amount two lihs
be taken for articles of domestic growth
and manufacture, which We have received
IN exchange, there will remain upwards
oI 80 GOO.OOO worth of goods consumed
through Charleston, the importers profits
on which will not be s,Iian Is per cent.
or two aud half millions annually. Ii
lis commerce were TO remain STATIONARY,
and not increase for ten years tocome, aud
we take this sum as the measure of profit,
and admit that only one halfof it or one
and II quarter millions OF dollars, would be
annually added to the importing capital,
without calculating any profits on This ad
diiion, Twelve and half millions would in
that period be added to the permanent re-
sources Of his most important class of our
citizens. lflhe same principles of caIcua
lion arc extended 10 the whnle Southern
country, the benefits grow immensely upon
the prrhguring career OF prosperity wllirh
will add vast power and influence to the
South, and give new guarantees for the
stability Of her institutions. The safety
ofinves'neulS and the certain profits in our
trade. will offer, when known, inducements
TO the supcrahundant capital of other see
,innS and even of Europe itself, TO seek "a
lnratinn amongst us in new mercantile
firms, in arlnersliips or az, nr.es Of for
ei@n houses. or lnauS To ui,r own merchants.
| Ifa parl onlv Of these authorizations I've
realised, advances will probably take place
in the wealth. dcvcnpcmcnts in the re-.
sources. and an invicnraIing influence he
produced on the arts. the industry. enter
prize of the country. in all the benefits OF
which. no class will participate more largr
| " than the country merchants. in ih''
improved condition Of their customers.
new wants will spring up and a greater tie,
mand for goods arise. al The same time thar
a better market will be creaIed a' home.
10 buy from them whatever OF the staples
or produce Of the country they may hav''
10 sell: aid larger stocks, aud wider ram
gcs of goods will be offered for the selec-
tion Of their assortments, at prices and
credits, more favorable. rs capital and com
petition increase. i. II. ELMORE,
Chairman.