Richmond palladium. [volume] (Richmond, IA [i.e. Ind.]) 1839-1854, 1841-11-27
From the Cincinnati Republican,.
Home Industry and Self-PreserVa atom

Home Industry and seIf-Preserv alton
WE invite the special attention of our readers
20 The snhintned speech of Gen. TALLMApcE, Pre-
s,ds,, Of The American Institute. Delivered at the
close OF the anniversary taIr IN Ne" York. we
NAV quarrel and speculate as We viii about Il
National Bank and the regulation Of the currency,
but SO long tie bataace Of trade - against Us
SO long ~ import more than We cxPort,-"e
mast be harrassed aud ed with difficulties.
You may create forty United States nks, and
al the balance ot trade IS "g'tusf as theF WI
avail nothing IN the cad. This proposition needs
but to be stated, to obtain universal ciedehce'-
Bring the matter home IL your o"n business, II"
matter whni IL may be; if IN the course OF the
ysar Won buy Than you sell, no matter 1t you
receive and pay out nothing bat gold and silver.
in The end you must be wound up. The same rule
applies 10 the nation. For some years back we
have not fell tie pressure from ihls cause 50 Sc
verely, because the States were largely engaged
IN improvements; they borrowed money abroad,
and rhis money supplied The deficiency Of our ex
ports. THIS temporary source OF rciIet exists no
longer. Instead OF paying for our excess o! I'M
ports by what we borrow, we are obliged 10 pay
the interest Of the debt then contracted, as seII
as for the present excess. 1t requires m great
knowledge Of political economy to understand the
consequences. The encouragement and PTotec-
tion and use Of our own productions are oCr only
salvation from bankruptcy and ruin
Gen. Tin tdga's remarks are copied from the
New York Herald:
ole said that unwiso legislation had crippled
the energies aud resources OF the country. We
nre advocates far free trade; but whilst we have
opened our ports. aud held out oar arms To receive
the produce # foreign lands, we rem"msrrate a /
gainst being made interiors iii the land "i our
birth. In relation to tins It Is proper for as 10 see
IN what relation THIS country stands 10 others as
regards foreign commerce. Nrnc-icnths OF the
,nportations into this city from France arc on Tor
elun account; and almost the same may he SAID /.
Of .tnporiations from Germany and Great Britain.
Therefore II Is high time that our government
place us on true footing Of oqnnhty with these +
nltions.
What causes the present ncqIality? Great
Britain the sea-gift isle, by her unrIvailcI posi-
ton and superior policy. has done IL. OnCe her
colonies, by the nerve of our arms and the saga
city of Washington freed ourselves; while
En- band has gone on since then, rs before, colo-
ntziug the world. by her commercial regulations
she has again reduced Us to the condition of n
mere colony to her. Lock at her corn laws. To
name them enough. She has, 1t is true, made
a treaty Of commerce and navigation with us
she has flooded with her nanutacturcs, and III
return takes nothing from Us: she drains US OF
oar specie to the amount Of SlO00,00o Il month,
aud yet prohibits every article That we can larry
her Ia return. but cotton. Let political quackS
put plans of finance and currency, upon paper
long they please, there - no c"nmercIai cen.
di,ton which be sound and healthy, bat to put
this country unun an equality IN regard to com
merce with the country with which sha trades
'rhe Gen. then fu,t.nced the duties placed on
pork, flour. a. by ether countries, So as to render
i, useless 10 carry them abroad,
And nc ndd"1. one-tuur b # the foreign com
merce of the L. States IS substantially carried on
in British bottoms. The General then read an
extract from "Elinbufgh Review" of 1887.
stating that Great Britain possessed one-fourtb #
the United States. whilst the latter possessed
but oneteulh OF the commerce. And now, he
of nur n
the hands OF foreign vessels. We say that Ntr
gina, kentucky aud the tobacco growing States
ought to be projected the same the north IN rea
ton to wheat aud wool. Bat tobacco HAT - nth
10 cents a Mound here ess,-d IN England n1re
shIlnrs pound dpty on Ancrlcau projections
OF ? 900 per cent. Thus this Asnerlcan pr duo
tom - almost ruined bv rhis enormous impost.-
Let The people hn !atl Of free trade look at this.
The American Institute are nd' ocaros of HE On
" tue principles If FREQ trade VIVA, shal'd be
the policy oil Grverumeni? We ask Tor aod
offer free trade. Wncn that is rejected. We ask
for a proper reriprocItv and the American !rstf-#
does not ask for higher dunes, for burdensome
impo<ts; hat "bke our tobacco on equal
terms" 1t they refuse that reciprocity, say {
shat we'll put dulY Your hroldcloth equal t. ,
what YOU put our tobacco. (Checrs( Oar path ,
and hope md desire Is. peace. With clear deck ,
and an open field We ask N favor Of the world. ,
(Caccrs.) Bat with the eagle eyed foreign policy {
OF keen and vigorous government abroad on one ,
hand, and parties and rulers here al home oil IN
tent upon nothing but making Presidents ana get
ting otlire. the other, II no wonder that .
agricultural Interests. manu- actures md com ,
merce all gong To ram a fast as they can
daughter and cheers.) Look at our rIce-If that ,
goes To England, II is met with n duty of 50 or ,
81; and so IL is with every thing that can grow
their colonies Ard therefore we say put their :
,ods on the same footing as they place ours
(Cheers) The American Institute holds to no i.
Partv--snPports no Par'y--but censures all par i
alke--and calls upon all to support oar arrI-
culture commerce. md manufactures. and Ia pro ;
such n system OF IegIslatIon viii soon p,lt
US equality with other nations in all our ,
commercial pursuits On our pork, there Is duty
of ST a barrel IN the West Indies market
And is not some retaliation necesslTyi Take
the article of lumber; 60 10 our mountains, and