Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1840-03-19
TWEHTY-slxTm e0N.is..,s,
FIRST SESSION,
/. NTRACT
From The Speech IF Mr.. Asrrick Of Nd, on he Sub
Treasury BIZ.

Try hon ID To Is pence per dav ; and ubenpye,
they get as much as pence they have 10 find them
se"ts IN oeimauy wages are sill lever aud ran q
ny Tue year between - and 100 shllinns and day
laboters receive from "a 10 pcncc per d,y and 6ad
themselves III food. Ia South Holland fam
ahus GET by The year iram 200 TO $50 shllinps and
DAY labofers from 10 pence per dav, and are
ionnd. And SO on, sir. Whoever will take the tfou-
BILE 10 examine the table, which is ,frial and nm.
heahe, will see that IN all these couniIes which are
held up 10 MS rs such blight examples OF hard moncu
coaRhacs-f rance, Germany, Netherlands lral, -
wages u. The year for able-hodIcd sound ealthy
man, nowhere exceed $50 smllInes; anil, IN many
Instances, Tall as low 40, SO, and go shlings and
Tie daily wages range from 3 10 . aud IL renee.
'lsine m one place, aud only one to 30 pence and
the lahofer finding himself! What commentary
upon The hard"inoney policy What hope is here
'oi han born the shn OF poor pafeuts TO bet.
'et ms Condition What Fay OF hope is there 10
stimulate HIM TO exeItou None, none! He who
IS there born peasant dies peasant. Those
born 10 The plough die al The plough tai and all
that The longest life oil toll can procure Tor them Is
coarse and scanly means OF subsistence. Think
you, sr these people are made happy eeause theirs
are hard-money countries {! Is this The prosperity
boosted ol when we are phanily told ol the i'm
mense amounls OF gold and silver hel l., Ihelr p,oat
capitalists! lsihls an example worthy four INT
iatI"n Think YOU, sir, the high blood of Ainer-
can ifeemen Will submit 10 tins Never.
Sir The body of The People Of his couu1ly have
been much amused for some years past with prals-
es OF bard money, and euogies upon the condition
oil those countries where coin is the exclusive citcu
laiiug medium and the, have been scduced into the
opium. especially The labofIug proplc. that lhey
werelo receive, II the policy Of the measure now
under consideration we're carried oui, The same a
mount IN payment Tor their labor oi productions. III
silver aud gold, rs they have usually received IN
convertible bank noles. But tht, have not vet con
sdefefed or understood that they were to receive,
IN place oil one dnilai or more per day Tor their
wages, hui Tour pence OF nlne pence Ia coin. They
have noif II cled upon The immense tax tins change
VAS III levy upon the productive industry OF the
country, tor HE sole aud exclusive benefit OF the
money holders and saIarled officer Are gcn,ieaen
stud enough to imagine they can PERSUADE any
siderable pant Of the intelligent People OF Ametita
TO believe that when Que oil them has five dollar bank
bil ~ ms pocket, received wages for many
days "otk, winch bill he knows he convert in
TO SILVER or gold If he pleases, and Which. whether
converted ~ moi will purchase for him equal a.
mnuht q, any ti1InS his wants or Convenience may
require, that II would be better for HIM 10 have re-
ceised ior has same five .ays' work some twenty
thtiy, lofiy, or even one hundred pence III coin 1t
rs possible such opinions may obtain nest those
who wlshto acquire money for The purpose OF hoard.
ine merely, aud whose greatest dcl hi consists in
counting aud turning over bits OF coin but they Will
never be enteItaiued by these who know the real
value aud aPptoprlate uses Of meney who desire 10
eau and acquire only for the purpose Of paving
49, 'N"''1
contribute really Ia the comfori. happiness and
melbeiag OF themselves AT oi those that are dear 10
them. What dill renee does ii make nan who
owes five OF hundred dollars, helher he pays ms
delu with bank note win gold aud silver
Nose But II maxi vast difference TO him # forced
10 ray IN gold aud silver ony aud he is Obliged, in
consequence To give five OF six times The amount Of
labor or property Ia procure this gold and silver.
Bur, II is Urged, TINS change is necessary this
reduction OF prices here is required 10 enable our
manufacturers TO compete with those OF Europe, and
thereby prevent The balance Of tiadc against us,
which is periodically draining our country of hr
precious metals, and causing suspe Sons Of ype.
Gle payments and the HE. In my humble judg.
ncnt, sir, the nsfsyobIc balance OF trade against US
IS To be attributed to another snd very differ
eni cause. IL lspropely aud Justly assls nable TO our
un"lse commercial regulations. II is because We
permit European counties 10 supply our markets
with ihen surplus productions, whist they exclude
many oil ours from their markets. We import cot
ton ODDS, broadciotls, aud other productions OF
Blush industry, aud wincs aud silks, aud other ar
tlcles, irom Fiahre, to an immeuse amount, nj a
very moderate aud now constantly decreasing rate OF
duy and. IN fact TO great extent, duty free, whilst
the productions OF our soil and Industry, which the
people OF those countries would gladly receive IN
payment, are excluded from their markets atogeth-
Ell. or are 50 buidened with excessive duties that then
value goes enrich he treasures of hose Govern.
nenis, instead OF The American producer. American
cotton they do receive but why Because IL IS a
necessary material in their tnanuiac ufiug estab-
llshmeots; Which they cannot produce themselves,
aud because they can send back to you, IN ITS
uiLctufch state, 81 all portion III payment Tor the
whole. Cotton has become d ReccsSarp, for v he
they are denendeni upon us but you receive from
them articles OF ilgmy. We sie, ur easily might
he dependent upon them for no Gecessary hateter
How do they reat our reat staples OF -four and 10
baclo, &c. Oar -four IS never admitted unless
famine is threatening, bur at rate OF duty which
mounts to prohibition. Aud tobacco pays in
TO the Treasury OF f.neland about FIVE OF SIX times
the price winch II 5 sold hv the American produ
Ger before il enter The Eng lIsh market aud from
france II rs altogether excluded, except IN very
limited quantities, aud these only such rates the
Government peases 10 allow without regard To the
price it would command from those very people
whGse silks and wines we receive without day. and
for which II would he hutJus that We should have
the privilege OF exchanging d. on equal terms.
We bus The prodnellcns If English and French
industfy and we pay the Governments OF those
counlri, respectively, (such ofus AT least as pro-
duce grain and tobacce,) Iron bali 10 foir tih
Of the products OF our industry Tor the privilege of
paying theIr people with the remainder has Is the
IA which what is now called your Hee-uade sys
TEN OPERATES. The freedom is all gwen by us ard
none received in return. The freedom is 10 the
foreign country to ta1 our people 10 their produc-
lions as much as they please "he they are tee TO
compete with us our own markets with Their pro-
ductons uutaxcd. Such system mnst forever
Keep the balance OF trade against US; must Keep MS
aways n de BIT. and liable be drained OF our stock
OF comfy the countries from which we buy. Give as
freedom OF trade IN fact let there be perfect free
dom both sides tor the exchange Of surplus com
modes without dutrs and taxes, or, II these
be necessary, let there be equally balanced
system Of duties both sides. Let the American