New-York tribune., 1842-02-05


awakening in all their power in the public mind
of tho great principles it seeks to establish. The
meeting at the Repository Of this week exceeded
in interest any have before attended. A great
rarcty OF very important facts and statistics was
laid before the meeting. Mr.. STRONG of New
Jersey gave afull statement Of the manufacture of
Earhcrn Ware. We hope the attention Of Con-
gress will be particularly called to this most ne
ccssary branch Of manufacture
Why should wc pcrscvcrc in the policy of neg
lrcting materials. so choice and abun-
dant, and send our money 5000 miles to build up
foreign establishments the expense of our own
people? More than half Of all tho exports of
Earthern Ware from England to all parts of the
globes consumed in the United States In one
year &c purchased 81 275, 900 of British Earth
crn Ware. We paid for it in specie or what
every merchant knows is its equivalent. Observe
the effect We beg merchandise to look at it. The
principle adopted in banking in England is this ::
Paper money cquallo three times the specie on
hand may be issued safely, as their bankers say,
and facts confirm this in our country By=thcse
sales OF Earthcrn Ware alone 10 this country,
they We're enabled TO extend their paper circula-
ron SO, 825 600. to sustain, give life TO, and slim
ulatc their industry. We must, on the same
principle have reduced our circulation e3 ,825 900
ave, more for we have gone much beyond Eng
land III expanding our currency. Suppose TWO
thirds of these this city. In truth,
probably more come, us we perform twotllrds OF
the business $3.50 900 Of circulating medium
must have been reduced There was, therefore,
so much less money for our business men TO opc-
rate with.
Now whom did this effect first and most Dis
counts were necessarily diminished The mcr-
chant thought it cruel that his good business notes
should be thrown out. Buthis bank not to
blame II was the want of reciprocity that did the
business. The English manufacturer would not
take provisions or brcadstuis he must have me-
tallic money His Government compcls him to
buy his meat and his -four of others, and pay them
double price. The wrong, us affects US, has be-
gun with Mr.. John Bull, and Free Trade adyo-
Gates say we must submit to il. We ask, is not
the merchant first and most deeply affected by this
operation
Next comes The Manufacturer. He is limited
want. His factor or merchant cannot make
his usual advances Of money. The farmers pro-
ductions he is therefore unable buy, and they
remain on hand unsold. Shall such u of
things continue
MIR. kENNEDy, another gentleman from Con-
nccticnt, also addressed the meeting. HOPE, ne
sud, had come at last. The Members of Con-
,hr kc, Stow, S,,tn lnya }ro, an lac
manaclcs OF party and given their nobly for
their country. Others will be forced to follow the
example. The Home Leagues being formed in
all parts of the country arc=opcNins the eyes OF
those who had been blinded BY the sophistrios OF
Free Trade. The country press is coming out
IN It's full potency, and the city press is Welding.
Col. CLARK. Of Ulster county, took part in the
discussion. He illustrated our ab,lndan, mineral
resources by pertinen, references our geological
>urvcvS.-
Some very sensible remarks were made by Mr..
HAVEN, OF the Home League Committee. He is
practical merchant, OF strong sense and OF lccu-
rate observations and thoroughly understands the
revenue law cvaSio,s foreigner, arc practising
upon us.
'a'.'Noi |, ct -NcW-JCrScS,= some
pertinent renlalks
considerable par, OF the evening was consumed
IN the reading OF reports from Leagues in other
States \ most, excellent example has been SC, by
some OF the Agricultural Societies IN The. country
BY incorporating in them the principles of a Home
League twill lead them to sound views of ,l,r
relative situation the mechanic the artisan and
;nanutacturcr. Providence has SO contry.d fn.
social good tha, this great aud noble occupaton
cannot Gu, down q tree or strike turrow without
,h, aid of the mechanic. And without the me-
challic and manufacturers the farmer has no market
Tor his supplies, Shall he rely on those who live
1000 miles from, HIM and with whom all conncc-
no, may be cut OFT by single edict or shall he
look#to his ncishbor and coun,rynnan who will
gladly supply all his wants III war peace. while
NJ the same time he contributes TO his country
lasting Independence?
Mr.. WAKEM,S presented statistics from the Gus
tom House books showing thar much the largcs,
par, OF our imports from England arc on foreign
accorul, and from Frncc-a but Il mere fraction
Is possible for our merchants to favor a condi-
ton Of things runons TO their prosperity?
Hc also commented ON some important statistic.
derived from Joshua a. Dodge, Esq, special