Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1842-09-13
,bb;,ed on former occasion during the present

D ,s ,.,,y Of exports There would be falling
oil cs nrice MS well quantity. The effects oil ines,
huh protective duties by preventing imports, ""u'u
he 10 cause drain 81 specie IRON aoioac Us mas ue'
stated TO purchase ut home We suppress WIZ"
had bren drained abroad This, together with The d.
nn;sbel c.yacty Of fnre customers TO ouy, as
inst cxnlan.d oud tend to cause lal IN lhe p,'ce
uf the afcles exported, which "onin De more OF 's
considerable on each, according TO circumstances
R,,h canes combine d-the farg CT OF quantity ano
,,,oo ucnld r:oporiionsbiy diminish the means oil
Hose drcc,iy ard indirectly engaged IN The great ex
mr., business Of The coun,ry-which would pe ioo"
ed he another and more powerful cause Of ihrt ,''
norerisLmeni-that they would Lave TO give h'shcl
o,;ce-,nore morcy, cut al their diminished INT ans
r. nr,chasc their supplies, whether impor't or
n.nur,c,n,ed at home, than what they could nave
co, ,iem fer abroad Say that the eject "ou,d
e n increase prices but 70 per cent, then They "oaiu
have To r.ve dollar and twenty hve Genus,
n,ho,r;s enc dollar would have been sutiiclehi lie
;,, . r:.,s nj the whole would be TO The G:nrniion
~ ,s and contraction of the currency ana ia!l oil
ccs N the portion Of the Union where me export m
a,es Is pro Dominant aud an expansion {" 'He cufie"
cv nd increase Of price in that where Tue manu!ac
.;,c ;,.et,s, is as has been explained he conse-
-. un,ld te TO compel the suffering interest TO
reso,, n lie first place. 20 economy and cnr'almeht
cyuensrs and II lie system te continued, 10 The
abandonment nj pursuits that no longer anofd Temunc
ret ng profits ,r., no tho corsc
- - ,l,a, result on the business and trade OF the
o,p,,y Fer that purpose, propose TO select SIN
M o,,,cr: as will be much caster TO trace ,hc eec's
ON sinr!e article with precision and satisfaction,
I'm, y would lie IN gr,at a number ana variety.
hu s.,acl GOTTEN because by far tie most considera
bic ~ the list OF domestic exports, and The one WIN
v.hic,, am the best acquainted.
When ;bc cultivation Of cotton IS Pioh,ab!e those
enoa,cd N IL devote tEer attention almost exclusively
10 II; and rely tie proceeds ofthe crop 10 purchase
amo, every article of supply, p bread; and many
,la n tpy nj III
pr fahe from high protective duties, or ocr causes,
,hev curia lheir expenses, and fall back on their owl
resources, with which ticy abound, to supply Their
wants Household industry REEVES, aud strong sub
snnjia coarse clothing rs manufactured from cotton
and wool for their families and dcmeslcs In addition
10 Gotten corn and other grains are cultivated IN SUN
Gent abundance not only iur breed but tor The rearing
of stock of various GrscIri:ons-hogs horses, mules,
cattle and sheer The feet OF all ihls rs To diminish
Greatly the consu pion cf the manufactured articles,
whether imported, made in either portions OF The
ucn; and STILL in greater degree, lie purchase oil
meat, grain and stock, followed by great falling Oh
in the trade between the Gotten regon OF The Scum
and the manufacturing region al The North on one side
inc the other, the great provision anu STOCK region
OF The West. Blu, TIE effects DO not end there The
West-he great and fertile valley OF the Mssiss'pp'
draws lis means Of purchasing from the manuihctur-
inp region almost exclusively from The cotton and Inc
falling off of lis trade with that region rs followed by
core spordng falling eff in that with The manufociur-
10 give higher prices than they can Afford terminates,
as !, regards this great branch OF industry in the I'M
poyershment of consumers, and loss OF the trade oi
Two prea, sections of the Union II thus, Senators,
that every act OF folly or wee Through the Pne'pe
Of re,rbu,ive Justice deeply seated by an all wise
prnydence in the political and moral wold) IS sure al
last 10 reco on lis authors.
Whc, is said of cot,on equally applicable 10 every
other branch ofndustry connected directly or indirect
~ will, the great ex port industry Of the country. This
4 tba,, oil iitpu n sell
oe, less and give for wia; they buy, and to tall
back On their resources Tor supplies; or e5and1
t,.er pursuits, to be followed, finally, by impoverish
:rn: ard loss Of custom I" those with whom II oTig
rates The whole tendency oi The measure is tc isolate
crntry from country, State from State, neghborhood
from neiehlorhocd, and family from family, with din
ishcd means and increasing poverty as the circle con-
tiacls The contamination O.! the system, 10 use ali
illustration less true Than striking oi deceased
friend Z sis Robinson Crnsoe in goat skin.
Such would he the effects of tle proposed high pro-
,c.ye duties both on the interest in favor Of which,
and that against which They are ihtended even on the
sappcs,ion that the evil is such as the advocates ofhs
biz Suppose But such is not the case The present
embarrassment of the manufacturing interest Is not
caused by The fact, supposed, that the imported
articles have taken possession of The market almost 10
tue exclusion of the domestic IT IS lar otherwise
Of the whole amount in value, OF the articles proposed
10 b. protected by this bi the imported bear but
small proportion 10 Tie domestic. The Chairman o
he Committee on Manufactures, (Alr S,mmonsD es-
mates the former at S45CG0 Geo, and the latter at
$3.50 Coo G00-that is, about one to nine ms esii
innate is based the census OF lc10 ii is probably
now less than them in consequence OF The increase Of
the manufactures since and the falling eff of the i'm.
ports. venture nothing in saying that, at no former
period our history, has the proportion been so great
between them the competition so decidedly asaist
The imported articles. If further and even more de-
cded prouf be requed, will be found in the state of
the exchange II is about three and hall per
cent. in favor of New York, against Lverpool-whch
is proo conclusive that experts, after meeting our
cpgaremcn.g abroad are more than sufficient 10 supply
the demands o the country foT lmpore articles, even
IT The comparatively low rates OF duty for the last year,
SO much So that it is profitable 10 import money
than goods as proof OF the fact, see II stated that
ore Of the Banks Of New York has gwen orders 10
import large amount of specie on speculation 1t is
in such state things and not such as that supposed,
that is proposed TO lay these high protective dulles
and .he question is how Will they work under H.
That they will still mo,e etieclually exclude tie I'M
pnrted articles and still strongly turn the ex-
change in our favor, and thereby give local and ar
cia EXPANSION To the currency in the manufacturing
IL r:on and Temporary stimulus 10 that branch Ct in
6ustry is probable; but there is hazard in saying
that it would lie ltetng, icyond what has been usual
ircm Tie cause, and would he succeeded more
speed and 10 greater extent ty the ieiing Gil CT
he ome market through the operation ol causes al
ready explained. The result, i'll few words, would
he greater and T"Fe suGCen reaction; To be followed
hy iaore sudden nd extensive loss q! the home
market; that, Whatever might be gained hy The rx-
cuson OF foreign articles, would be lar ouiwcighed by
It's in,povcrShmt 1T What rise would follow, will
nyt attempt 10 anticipate Ii would be lie first time
iha, high protective tariff has ever been adopted
uader similar circumstances; and ii would he difficult,
without the aid Of experience, in case so unprece-
dcn,ed, and Tn subject complicated to traec conse-
gut noes with anything Ike precision certainty.
The advocates OF the protective, or rather the prohi-
btory SYSTEM (;or tina; IS the more appropriate nanle
bayc Teen led into error from rot distinguishing be
tween TIE situation Of our country and that of England
That country has risen 10 great power and wealth, and
hey attribute 10 her pronib;ofy r"licy-overlooklng
the great advantage of her posior her greater free
dcm ard security compared 10 The res, Of Europe; and
forgetting that oi4er European countries, and Spain
in particular, pushed lie system even further, with
tie very effect. But admitting that the great
ness q England may, in part be attributed to the sys
tenn s:.l! it would furnish proof that lis effects
WOULD br the with us. Our situation Isl in many
respects strkngly cifferen, from hers; and, among
Others IN the por;an particular, as II affects the point
under considerations that she had more tina two