Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1842-03-28

agriculture. hut it Is not Many Of the products Of
Of tn, so are now enjoying protection greater far
than most ut the manufactured articles Pc airee, ont
wheat. -four indigo, cotton, pork, lard hams, beef bat
ter, cheese. lax. hemp wool. &c, enjoyng
degree Of protection. The potatoes OF Maine are pre
tecIcd 10 The amount OF ton cents per busel Repeal
this duly, and how long would The potatois n ihsi
State be found in Boston New York or Raltimore7 Im-
metatoy would They're suppanted ly the po,a,ocs vi
Nova Scotia; and eyen you find the two cunpefinr
for the same market. have misunderstanding can. lie
rolled upon. that there imported into the city of
i'os'ooelone during the year 1871. 46 44s bushels of
tocgn potatoes Take the article Of cheese, il is sold al
the North or from syen To ten per pound, and il
tJ'ysa protection oi ino conls per pound being s5Ilc
lNO per cont his article Is made in rcnnsy yana. u
he, aud n. ork, IA well in New England Re-
move The dntY, aud the CHEESE L Ergand ands Ger.
many would come into on soahoar citcs and drive ths
domestic article from tie narkeiror greatly fcjuso the
price My slmlathles arg with Tho agffealurss.--s
ihoI calling, al once tho most anricut. healthy snd
lonumle IL tho foundation Of every other. And il I
believed that tar was destructive of tLeir intcrs ts
would abandon il altogether
ho' the great value oi manufacturers to the fauacrs
IN muaet which they open for his produce Wher1
would he South and West lud market for the ''ye
low con-. Of which the gentlenan from Virginia (Nir.
Nac) slifequony spoaks, II we had manufactures
IN the Eorh and tasl The ports ofGrlai Rriiain.aro
shut againsi the corn the wheat tie ur, Of the great
grain growing States. These great slaples together
with The riea of the South aud the pork oil Ohio find
their bel market NJ The North, among your nannactl-
ers There wore imported into the city Of llsson alone
during the year last ras 100000 bushels corn. the
product ol The South and West while the quantity raised
IN the State amounted to only 01OG0lusheis. lie
Hour brought into The city a.uouniaa 10 UGD
barrels. aud Me rice 10 10000 casa small portion Of
THIS was sent into New Hampshire; bu much greaioe
amount wa brought IN through other chaqnes and con
amod IN the STATE. can then address myself 20 the
gram growing inoresl IN every pari q the Il1Hso and
say IT, thon the subject is IN which YOU have vi
al 'neini and You Know your own inlets ST. as srsl
you 10, tie manufactures at the n1rh win b. Is dear To
yon az theyaro to Northern men. And yet anntlemon
on this lor II talk about manufactures being slo 10
hr public interest, and especially 10 the Interest Of agri
uulup
Vie manufacturers as such are M lar, in this case
ne great parry Interested Is the laorcta, the WORKING
men OF the whole country And II pcntonen insist up
Oh Presenting this suit and vii have rattcs in tho
ease, the fao parties the ah1fnfs VS.. the i'll, rs
Nuse as II seems 10 can be hostile manufactures
ur 10 the production ot American industry. unofa IL be
those VIM lead a life Of idencAs and isl 10 live upon
lho ahurs o otkora But. sir, d. not admit lint tlero
sla any parties IN tins He country md he
whole country has direct interest in the success Of Tho
Amcreanfystcm, IN the encouragement Of Domestic In.
luatfy.
That We my see lie tc ,llee Of lnalui lures upon
aurgcnef pro getIlv let suppos ihpt ihog ere all
dcsIr} I'd. al atuab down at blow. Then The so0,-
oOJ persons now engaged IN tbs ltauehof industry
would all be turned loose upon The other airgs ia The
community. Most OF them would seek the hcaltlifu
mrl ymen Of arrieullnrc and would naturally settle
II die terla valley Of The West. Aud what would be
he consequence These products Of the earil, which
re now 81 abundant that they ~ouli he almost value
les, Non lnt lr the markets found in he manuiacu-
Ing Ala'rcis. would hocoGc still more abundant Aud
NiGu would they find market? They could not
exchange tie!n for the mauua lures Of ENGLAND tr her
corn lava would rate ms Hchbtn These eco,
l.O Who are now consumers would be converted into
10000 producers, making differ nee Of eco 900.
Would this promote the Interest Of agricultural
Sany not lis products would be greatly multi
pli,d, and beat market would be destroyed Snnposc
lie manufacture al snpar should he Destroyed what of
feet would that produce Tho sugar plantations would
be converted into cotton fields. and the gentleman from
south Carolina would find increased competition in lilo
production et his hyorltc stal lie, while his great Nor
arfn market, which consumes Gre quarter Of the
whole crop would he lost Meanwhile, the experiments
LOT Grut ir.nn in India would s'iccoed, aud slo
would IL naled 10 obtain her raw material from her
own colonies. Thus would the policy q the South
spread drs3laiun the country and involve her in
The same common ruin.
The gentleman from South Carolina has assumed that
all protective duties were tax upon The people. To le
paid bounty 10 the manufacturers. lie has assert
I'd. again aud again. that prices VIII rise inst in rropor
ton loio increase Of duty. This, Mr. Speaker, is far
rrm Icing the fact SO Tar is this from beng the truth
at the opposite Is more frequently tree. There is ad
nit, absolute, fixed rule in this " hat is
II Que article may not be true Of another What can be
shown tobe the result Of aduy at enc tine, aay not 10
produced 10 the same extent at another, Much must
depend upon the supply and demand. II will also be
found true ilst small deficiency in the SUPPLY will
raise tie prize of the whole commodity in the market
lar above the value Of the deficit And on the other
hand surplus though small will reduce the price Of
Tho Whole commodity far beyond the value of the
surplus surplus worth $4,000 would ire
quently pr ducc an aggregate reduction Of the
whole quantity in the market 10. the amount Of S50-
coo. This principle essential to thc right under
standing Of this part Of subject. that shallbe
pardoned, if | attempt more full illustration. We
will suppose that there are Ten shops in this city owned
by many individuals, and tlst-Sl00 per quarter is
fair for each Of them But Tho number Of traders
wishing occupy these shops is but nine, thersy leav
ing surplus Of one shop. Now. sir, what will he
the practical effect OF this state -et things Nine shops
will be occupied, and ono will be vacant The owner Of
the shop. seeing all his neghbors enjoying in
Of l0G per quarter. while be receives nothing, of
iers his shop for 500, the wise principle that he had
better take that suinhan nothing This offer induces
one of the traders, who is paying 500, 10 quit the
Shop he occupies. and take Tho he lave
ior 500. This change leaves another shop empty;
and this induces lis owner TO put thst at $50 per
qnarcr this induces another to remove, and take shop
AT 500 And so they will 20 throngh with each shop.
till all are brought down to 500. Here has been a re-
Iducton Of upon each shop making aggatcm tiGn,
gust equal 10 the value Of the SURPLUS. Aud how stands
the matter now? Why, sir. there is one empty shop.
as at the beginning and al the process Of pcticn
viii 90 on till tho price isbrcught down solow a. to IN
duce some person embark in trade who undtf other
circumstances would think ofcngaging in this kind
of husincss.
This principle, which every practical mau will reads
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