New-York tribune. [volume] (New-York [N.Y.]) 1841-1842, 1841-04-30
VOL. L. NO. 49,

would greatly add the wealth the nation TINS few
years ago. minister Cssanaopc in rcccr,-.ni;ry
mode for the production OF silk, cxprc.se, . hooe
by gradu in,roducti.n OF its culture among Us TO sore
in TIE end millions Of money tch'ch fads us ~ay to s
side of the atlantic"
This doctrine OF saving money OF those popular
alaces which but prevalent the subject OF mo-
tionoi cea l, should be remembered that is
exchange of equivalents exchange which equally
beneficial both parties. Now makes OF differ
whether this exchange effected by OF money
of goods, in either it is made ralae for ralKe. II
man want, hat than ne five dollars, h. is
the poorer parting with his The loss gain,
therefore which would attend the home production OF SILK.
depend something else besides the mere passage OF
money tie Atlantic.
The halter who should undertake money max
ing his boots would be regarded very poor econo-
everybody knows that he could procure boots
BY giving his undivided his business, ana
exchanging products with the booakcr than h. could by
dividing his time between boots and hats So "a 1t regards
the culture of skthe sdring the country viii depend
tie fact whether silk can be obtained BY raising
wheat tsbacco than by cultyang nulberres and
propagating silkworm. Ii II produce the silk
than procure by exchange it is clearly sarsng to The
country.
Another fallacy, quite the last IS that pro-
lection encourage domestic industry Thus
often hear asked when articles OF luxury brought
into the country for the rich, Why such do net
courage home manufacture AID give to do
mesfc indusfry?" At first view, this position appear
quite natural But let examine 1t little closely
These articles have been procured abroad exchange for
American r>oduc and therefore much the result
American Industry they had been produced at home
Who will that the nbocr, who, the end of the week,
exchanges his wages for has procured by his
industry just much he had fabricated with his
hand
Further let us suppose that n wealthy farmer of New
York chooses coe his family in the richest kind of silk
He could do il in ways He might, ls employ dozen
plant nulberries, and carry the manufacture
his farm; ID he might get these to poushing
MS seds and producing crop of wheat. The wheat hs
| ne
cotton and this cotton he would exchange with the Frensh
merchant for silk Who will say that the foreign silk
Just much the product Of american industry though it
had been made directly by the aborers OF the New-York
farmerl
But is said again. that although under protective
policy, may be Obliged first ask higher price for
productions yet having introduced them they will,
in the end become cheaper by competition than before and
that shall finally reap benefit from protection 10 hif
answer, lst that the SOIL climate &C. present nnturai
obstacles the production article competition ga
ever make profitable and. ID. that all things being
favorable other countries except labor and capital,
still competition reduce prices below the coat
of production and these circumstances must continue To
influence the production while they remain the pro-
tccve policy have favorable eject IN lowering
prices
In country like ours, where every thing is progressive
article which may be prohtaby produced now may
be proitaby produced future time, when capital
shall have become more abundant and labor less produc
To attempt anticipate that time by means OF the
the forcing system of protection car never prove avana-
must inevitably De otteS ded WIN
public loss, and BY ujurng the accomplishing capita! OF the
nston have direct tendency put Of that time to more
distant day
Besides it be forgotten that situation, loca-
ted as we are thousands of miles from the most pro-
ucin nations itself natural protection, and that this
protection still further increased by the duties which ars
required for the support OF government these give US an
advantage without the special nteroson OF the state,
which is quite sufficient stimulate cnerPrshg citizens
the pursuit of wealth in every mode Of industry which
offers the least prospect OF success
In short fully satisfied that the only sure guide TO
wealth and prosperity is FREEDOM, entire and unresr1e!e@
FREEDOM think, great mistake for governments
TO compel this that node OF prodHction We
believe part Of their duty and it seldom fails OF
leading in the end disaster and ruin Under system of
free trade men guided by instinct of their inter-
csts the planter, the whea,grower the
fix themselves such situations they believe will be mose
profitable themselves and unless they greatly mistake
their own interests their choice will be best calculated TO
produce the greatest of products to the country
The best protection, th>n, Is the protection OF all men In
their persons and propcrythe protection Of society by
meaas of general educaonand the protection OF our flag
wherever il shall be unfred the four winds Of heaven
such protection which gives enterprise spirit
TO industry, and wing and which is destined
carry forward country in that mighty and glorious
progress which she has commenced with such Hcrcaean
and lofty strides
GENUS AND THE PEiScE.-The people admire both most
or TWO they their reign and when
they rssgn it. On the coronation day and the funeral day