Burlington free press. [volume] (Burlington, Vt.) 1827-1865, 1840-03-20

Stale OF facts, as Things are, the abOrer would aVe
at the expiration of twenty days labor, twenty
dollars, TO provide supplies for himself and family.
As they will be, he will have ten dollars. Now,
sir, be il remembered that we buy and sell in for
egn markets by their standard Of currency, and
that lowering wages and properly here is to have
no effect there, acc ordng to the reasoning of the
Senator, their currency must regulate the price
of their wages and products; but cotton is to sell
and goods are TO lie bought as if no change had
taken place. Goods, therefore, will come into this
country no cheaper. II, then, the aborer goes
into the markets with his money, as his wages, he
will have twenty dollars to expend in tea, coffee,
sugar, and the thousand necess aries which come
from foreign countrics but II he goes into 1t as
they will le-en dollars, under the operation Of
the new theory-it is PLAN, therefore, that with
the same amount ofabor he can purchase but half
as much foreign merchandise; in other words, 1t
will in elect lie doubled in price, while it is appa-
rsnty the ,amc.
But the Senator did not stop here, for he alleged
that while the laborer would be in better con-
ition, the export, prolnce-hat is, cotton, &c
would derive a greater profit, the measure Of which
would lie the amount Of reduction Of wages and Of
properly, as he would thus lie al IL TO produce 30
much cheaper. To make myself understood, will
proceed with the same supposton, that wages
and property are to be reduced one-haf Then his
theory is, that the cotton planter, for example,
wolll produce his crop at half the pre- en cost, by
the ny in labor, and the support fit,and conse
quenily derive double profit. That he would pro-
ducc chaper is undeniaby true; and if he should
sell for the same price he now does, and bring
home specie, he would realize double profits, pro-
v,Ied his laborers ar, ,upn, red Wholly on the
nro,lucts of the United Sia.r Thu bn;,evor !.
no, the course of trade or Of busines, r., fr'm
whence world the profits Gomez No, from G,r.
ri,rn ron,rje,. for no chance i ,o occur bnrc In,
from the pockets of every consumer of foreign
goods in this country for the change Is wholly in
,,o, j. ,ba, r. tuv,,,o, ,nJ ,ro,or,,, si'I. .Ln
~ ttc ,i l 80, ~ ;,iil ~ T. ~ IN 7 ',
. - ','C ~ '' '"I oIei ''lu
.,I no - ~ MAJ? ,,.i,h '' 20" W.
ani H., .a',a a,nn''n, ,'r.',. 'H ,nu
"na LUZ sa."e "''c''' VI p,ope'i! WIN P'ir"a,e a.
i''u ''o. "H .C'o,' Du' '"c l'"oIcr W. al '''c
n H. 10 p.' n.i 81. ;ii''i
.'.'nI '''I 'l I.'0''' VI pioc''n "'' NC
",,' t,L., rnn' al. ,,o sul
i'I sH,.s - .';H IL, -" I '''dc'.ic'
~ ' m'a, '' if ,''''i w n,' ny no" a'''
,na. 'hn,ld 'insc"ni !, no pS w. ,ha 0U',''
i 'IIIiI ~ - ''I .'''.i wy ;''o>'
..i". oo c e J Il ,,,at Is nv
Wors,, ',i " , h. ] no 'c,.c.. put we ec
IL, ,,,J - '',n.', y an' q W..
,h.,, u ',n, 100, II 49,, r,, u l., -" no'
t'lf' u a ~, II li: amn nu''i 'iic consumer
~, h Il, :. ~ .'.o WIZ a.
- r. 49, ,Lo,. w. ~! u, ~"
= m ,a,I, y III W. a.t ma li''
~
90 -, MI, y ,,C n i''.. I'o l'i'' n''
u WI H.. IN, ",''' NV no' 0>
,,' ,i,s,,a.' RIA So, ~ "p! u.'Mm
rom '"el. Poh.'s. nC H.na.ot nas icu hinsch
i'.'' -" - 'o,,rr I' l. w
are !, eo'"L w. iI IVY. eH o'!s arc "
Ill up ,n'.N, 'o I:po''c'
II, =. p".' ai' ~ an
~ - 's' ~; ','' ''ie
NV ~ '''' c Wv t ~ nv MN! o'">.s III
', -a .'' Nv p'o >
,'an'iai r.I,o ~ a,nJ H., In'. ."n ,.,l
maintains its price, foreign goods must also
mainta theirs. In the great competition of trade
this idea OF excessive profit to the importer is ftlIa
clouS and as the notion OF reduction Is founded
on Il, that Is aI'o lailacious.
10 ioHow ou' { case nave supposed lie
income OF every man, except the exporter, Is to
tie re""ce' one iia'l Ia INC 'a''e o WAGES and pro-
Per'y' WlHG al m'eisn merchandise VIII cost the
H"tne' "'i.On wv W .'oi>!, III c"ec'' uouoIe 'he
Pi.''. a. !, WI 'n. =" i'o 'i'O a,'io"n' " RAZOR,
W ,,n Nv ''''"' VI 'N' P'0''''s u '""or' u
P''', ,i',o -, ,,or;, q This ,,,.,,n o., ,L,,u
w. ny ,,'a, -, t'; ~ '''I % o't 1t Is
,,.il ,In f,rmer, mecbaninS m,,nc'n
oh rors male :, snch n Il, a',,'
Can they be reconci!ed TO such measre of on.
preston. one that extort> from them the traits Of
their industry to protSscdly enrich tie panter who
now enjoys prosperity lneuuaed in the rest of
the country. No, sir, such plans of sectional ag-
grandZement, and such disregard ofthe interests
OF the greatest and most powerful class Of people
in our country, can ony, excite their disgust and
Indignation. Thus, sir, have raced the eneiit
OF this hll, have any, as inter- reed Y H.
friends, to the rich and powerful. | have, fl
mistake not, dc non>tra'ed that they are TO lie
ma RI her 10y ajax upon Their less fortunate, but
m r. INDUSTRIOUS ana more hece>>ituu, fellow clll-
zen "a TAX mat lhey never can ana never vii
sHlHIll 10, ~ lohS ~ tHtsT power can lie tell
But, SIR, THIS Is not AL. Nh''e We are thus 10
nave n'o'erah'e burdens loaded upon W., o add 10
the weight ut our e'nn'r assm"n's, and 10 increase
our su'ier'"ss ana wh'e me drb'or portion ut The
P"b''c are to be c'u'lrd AMI ground 70 dust be
wee" the upper ana "e"er stone OF Tins process
me man OF money Is not on'' 10 escape nnharmed