Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1842-10-21

aud pork, exported nearly eight millions OF dollars
worth of the former, and two and half millions worth
Of the latter.
The foreign market is important 10 us than
ever For than hundred millions of our pro-
ductions have annually, TO seek foreign market,
and goes there cheerfnly promptly than
the domestic manufacturer whenever he finds 1t to ms
interest to do One generation has passed away
since the manufacturers promised TO make us ndepend-
ent of the foreign trade while, in fact, we are now de-
pendent upon the foreign market for the sale OF double
nearly double the quantity of agricultural products,
which exported from the United States, twenty
years ago. In 1921 the domestic exports OF the coun
try were forty three and half millions and our imports
nearly sixty five millions. In ISL the exports OF do
mestic produce one hundred and six millions, and
the imports nearly one hundred and twenty-e mi'
lions These facts referred to, as exhibiting the
progress made by the manufacturing interest, IN real
zing their Utopan scheme, of rendering US ndePend
emf OF foreign markets.
war upon imports may be regarded as a war npon
exports since the trade of nations consists almost ex-
clusivey of the exchange of those products which each
nation finds it most advantageous and profitable 10
make. The ability of foreign nations 10 buy OF US,
depends upon our ability and Willingness TO buy oil
them. High duties diminish imports, impair Tie oe-
mand for products, deprive US of many advantages
arising from fair competition between the loreign aho
domestic manufacturer, and prejudlcIal to us as
producers we'll as consumers No prudent man VIII
make at home what it costs him more TO make than 10
purchase. The farmer, haer tailor, shoemaker, &c,
find il conducive to their mutual interest to exchange
the products of their labor. In like manner, when q
foreign country will supply our wants upon cheaper
terms than we have them supplied at home It is
our interest to cherish and uphold foreign commerce
-sBnt f you do, say the manufacturers, we shall De
ruined The English manufacturer can borrow money
at very low interest," and command labor three times as
cheap and in consequence of these and other advan
taCes the domestic manufacturer IS unable to compete
with the foreigner and you, planters and olher consu
mers, will voluntarily pay for our goods higher price
than The foreigner asks for similar article Then we
must appeal TO Congress- and every arthce TO 90,
tain Tariff which will keep our foreign rivals out OF
our way; and the foreign competition dImn'shes'
you consumers will find our prices advance, and our
prosperity promoted.
ain every country adam Smith, Oh. HID it always
is and must be the interest Of the great body OF the
people to buy whatever they want Of those 'oho seH a
cheapest The proposition is so very manifest that J,
ridiculous 10 take any pains to proveii nor could
ii have been called in question, had not The inter
ested sophstry of merchants and manufacturers con,
founded The common sense of mankind Their interest
is this respect directly opposite 10 that OF the great
body of the people"
England often referred to by the Tariff party, as at
fordng conclusive evidence OF the great prosperity re
suting from high duties, and country whose policy
in this respect, entitled 10 applause and imitation
Her power and wealth admitted, and both have be
come great in despite Of the restrictive system But
as 10 her prosperity ii millions Of paupers and millions