Indiana State sentinel. [volume] (Indianapolis) 1841-1853, 1841-10-26
POPULATION OF GREAT BnrrAIS IN 1891.


81 L
This table shows that the trading AMI CONNER
clal interests in Great Britain is equal 10 that of all
others. lie agricultural portion. incu>es aris-
tocratic classes, who are the owners and EMPLOYERS
The wealth and influence Of these classes il is which
which conspircs to perpetuate the system OF home
monopoly IN bread stuts to the detriment OF the
mass OF the population, who are employed IN ether
pursuits The interest OF these landowners is dou-
bly, at variance with the tOur-fths of the inhabll-
ants OF thu. country, who, have seen above
are employed IN agriculture. 1t is the interest OF
the agricultural classes here that those inhabitants
OF Great Britain employed trade and manufactures
should purchase their produce of us, and il is as
clearly 10 the interests Of these manufacturers that
our producers should purchase their wares of them
On the other hand, the interests of our manuactur-
ers, and OF the English aristocratc classes arc the
same they both In the minority in their rcsDec-
tive countries, and both seek to levy contributions,
by means Of high duties, upon the whole mass for
their own peculiar benefit. The real interests OF
thOse engaged IN commerce, and those of the az
cultural classes here and the manufacturers abroad
are also identical, because into their hands would
tall the vast carrying trade that would inevitably
result from breaking down those commercial bar
rIers that now prevent free interchange between
the two countries. Through the operation of the
paper system, however, the commercial interests
have become curlOusly interviewer with those OF the
aristocratic landed interests there. THIS has
grown out OF the dependence of commerce upon
bank facilities. Banks have heretofore been sup
posed 10 be necessary to the nOurlshment Of trade
ana commerce some persons still laboring un-
der the deluson. The error has been common
that banks increase the capital of the country ac
cordingly, OF $500 GOO 600 borrowed abroad 500,
GGO,OUO has been invested IN banks. This money
has been borrowed of the arlstocratc or agr.cul-
tural interests of England, and has by them been
accumulated by the operation of those laws that IN
giving them the home monopoly OF the markets have
excluded American produce, and consequently az
tually diminished the trade, which the money bor-
rowed des gned To increase. The real operation
OF the banking system Is, therefore, to reduce the
actual business DONE the proportion that 1t
promotes an artificial business. The result OF the
borrowing abroad has been the grand explosion and
the state and corporate insolvency that every where
surrounds US, and which has led to that atroclous
measure the distribution Of the public ands-there-
by rendering 1t necessary TO impose upon 900 600
of persons, engaged mostly agriculture, tax of
~ per cent. upon twothlrds OF all tie necessary
articles they consume IN the course of year. lac
interests OF those 1000 900 OF people required
as measure Of relief that the foreign markets
for their produce should be extended the utmost.
and every facility given Tor the increase OF foreign
imports, wherein consists tAe means OF paving or
the produce.