Vermont phÅ“nix. [volume] (Brattleboro, Vt.) 1834-1955, 1840-03-20

oryitis plain theeoe the he
purchase but half much foreign merchandise IN other words will
effect be doubled price, while Is apparently the
But the Senator did here for he alleged that while the abo-
would be better conditions the odcceat cot
greater profit which would be
the reduction Of and of property he would thus be
produce cheaper To make myself UNDERSTOOD will
proceed with the supposon that property be
duced half Then his theory is that the coioune for
pie would produce h half the cost by the saving in La
Dor the support OF it, and consequently derive double profit That
be would produce cheaper undnaby and he should sell for
the he does and bring home he would realize
profits provided supported wholly products
This, however, trade Of
But from whence profits GOMEZ Not from foreign
change but from the pockets of
Of foreign goods this country for the change wholly Ia
the and produce ofou The s that
property sink half the relative positions Of the borer
purchase much money the Of
property purchase much labor before But the sboer WILL
given PERIOD bu, half much and the
opopey will be worth but half much; consequently oil the
surplus gains Of the farmer mechanic manufacturer and laboer will be
they nominal II property in egs
could be said Of
obviously better Bot
we descend they stationary profit gained
exporter nothing palmer profit drawn from the
Of foreign merchandise win take twice much Of our la
Dor products buy required f the theory establishes
the fact that the double profits for cotton establish
beyond controversy the fact also tina, profit will be
every that foreign article and that will be wholly
from their pockets The Senator has led himself into
BY surprising that productions ehsper while
exports He thinks the importer sells
market inflated by paper and realizes extraordinary profit But
perceive depressed working
Europe enough that excessive profit obtained here upon
that reducon and that while
n. ncr foreign GOOD. must Also maintain bei In the great
competition Of trade this idea Of profit the importer fall
lacious and the notion Of reduction founded H. that also
falacous.
supposed, every man.
except exporter onehalf wages
property while oil foreign merchandise will the which viii
obviously effect double the price, will take twice the Of
labor twice the uf the products OF labor. purchase IT,
do sscribe this power b enough
friends do. What response will farmers
aborers make such aagus they be recon-
Of their industry posedy enrich the who pros
per unequaed in the the country! No. plans
ona such de
and most powerful class of people only excite their
disgust and indignation Thus benefits this
BILL ift have any, interpreted BY fnds, powerful
nave mistake not demonstrated that they to be made richer by
their less Fortunate but Industrious and
feowcinea that they will
long as their power be felt through balo-box.
But, this While burdens
loaded in
suHing and while the debtor portion
crushed ground upper
this the Of only
have his property doubled He in
bnds stock viii be able buy of proper
with H. and will therefore have hands, for
while and down, money up
If the friends ofhi bill given construction bin
Of privileges to the ich but scourge sl Others.
VIVA, the debtor portion insignificant az to
DC dsreeaded! Sir will venture that h existing
indebtedness commercial country nearly quite
the value Of all property in that whether be pros-
change gentlemen
nave supposed the relation oil debtor and CREDITOR thus diminished
resources Of the Debtors without waste
has never been Suppose
property at present prices and given his bond ii; you
value one-haf and is worth $4,000 How pos.br that
sources thus reduced most debtors payi
But sir maintain things sup
posed You may embasss and distress have DONE but
OH the end works out no such advant anticipated o
planters The theory principle defeat the
end IN view Go air. If please gs bring the
cotton planters the extraordinary profits anticipated expense of
she other branches Of industry long before that pu-
suit will be overloaded with competitors ill the inunda
ted WIN cotton and its price fall just the ratio have
produc'nf Down wdown must by the laws Of trade
level with the fall of other gained by
the whole process Nohng absolutely ng except
more OF labor and Of buy foreign mehan
dzei gain will turn literally into This capable think Of
demonsaion if il does already sufficiently appear; have no
time TO enlarge interesting and amrorant the subject
What motive huv sir to reduce the
eyf When did the shine upon abong people bs
those Of have ben Where they able hy
industry Feed cothe educate The history
OF the world nothing ceany-nohng clearer DEM