Daily Richmond Whig. [volume] (Richmond, Va.) 1840-1842, 1842-08-23
10000
i75,ooo
sIsIOlo.OOO


oil. castor oil, beans, bees wax, taliow,
| onions, nuts, $4,000
4
/ SIsOi0 900
domestic products consumed in the state Of Massa-
ehusetis -a State OF 1917 GOA nhs btanie tn single
year. The Importance vf home market will appear
when We consider thI the average of our entire ex
port from the United States ior the last ten years,
exclusive of the manufactured articles, amounts only
TO sss, 100000. Sothat the State OF Massachusetts
consumes annually, ofth products oil other States.
more that hall the amount of our whole iote'gn ex
port, less the manufactured articles, and the articles
thus consumed in this State the product OF every
State IN the Union.
BY an inspection OF the above list il will be Sc
that by Tar the largest portion of the articles It con
tains are subjected TO duties by Great Britain and
| o;her European powers thus either partially or
wholly excluding them from their poris. IL will
therefore be evident that were il not for the homo
market, the producer OF these articles would hnd
them drug upon his hands.
There is another view of the home market which
ought 10 be Kept steady before legislatures; and
that Is, that it is always the most valuable as com
pared with foreign market.
n market IN n manufacturing district Is always
more sure than any other. The demand is constant
and may always be relied on, whereas foreign
market vii always be uncertain. Suppose, Tor ex.
ample that the Western States had one hundred
thousand barrels of flour dispose Of annually, and
they looked TO Great Britain for marke that
Ret would depend upon the cropsin Europe. When
the crop was good on the continent, England would
take but nifty thousand barrels, and when the crop
was short she would want ono hundred and fifty
thousand. Under these circumstances the farmer
could make no calculation how much wheat 20 sow.
This uncertainty, depending upon contingencies
he could not possibly foresee, would hang like an
incubus about his neck, and paralyze his efforts.
But let the West depend upon home market
created by manufactures, and the hImer can calcu
late with great certainty He knows that there are
100000 persons employed IN manufactures, md that
they will wan, barrel OF -four each. and he knows
that the crops on the eastern continent will have
little or no effect the demand here. Under these
rcunstincts, he knows with good degree Of Get
tainty how much to sow; and having a certainty OF
market, his industry will redouble, and he will re-
aze greater profit from his labor. Every prac,i
cal man knows that much depends upon the GER
tanty OF the marke'; and from this glance at the
subject, no one can be so blind not to that
the home market is more sure than the foreign.
This is the difference between foreign and home
market IN time of peace. And how is it in time OF
wat' why, in that event, the home market is the
only market that can be relied upon. Ia OF
war with g'eat maratme power like that Of Great
Britain, whether cur commerce with her or any
oher foreign nation, il would be in great degree
cut of so that the foreign market would fail. From
this glance at the subject. it will lie seen that a
home market must, after all, be the main dependence
tor the farner-his only sure reance-his only
abiding hope. Troy Whig.