The spirit of the age. [volume] (Woodstock, Vt.) 1840-1844, 1842-04-29

and that TOO in the portion the most populous, and
whero labor il the cheapest. We may have RI
walls every where in a belt 10 degrees ut least
lying on each sido Of the equator and extending
around the globe. Not only The far East, but all
Western As, quite TO the 35th or even the IOth de-
gree of latitude, n large portion OF Europe, almost
a.! Africa and large portion Of this continent, may
be said to be- a cotton producing region. When
the price OF cotton rises high, portion OF tina! I'M
mense region becomes our competitors In It's pro-
duclion, which invariably results in great fall OF
price, when struggle follows for the market In
that struggle, we have ever heretofore succeeded
and have no fear, with fair play on the part Of
our own Government. We will continue TO be sue
cessfal against the world we have the elements Of
success With US. A favorable soil and climate, n
plenty of cheap land, held in fee simple, without
rent, 1.-THE, or poor rates. But, above all, we have
cheap and efficient body of laborers, the best
fed clothed, trained, and provided for, OF uny IN
the whole cotton growing region, Tor whose labor
we have paid in advance. ! say paid Tor IN adj
vance for our property in our slaves Is but wages
purchased in advance, including the support aud
supplies of the aborers, which is usually very lib
erai With these advantages we may bid defiance
to Hindoo or Egyptian labor at lis two or three cts.
day. Ours being already paid for, is, AS far as
cheaper, to gay nothing of its superior efficiency
its better and more skfu direction, under the inl-
mediate eye of intelligent proprielors OF cheap un-
ncumdered land, favorable soil and climate, and
greater facility aud cheapness Of transportation TO
the greatest markets Of the world. But this is moi
ALL We have another and great advantage
There is not people on earth who can 50 well
bear the curtang of profits, as the southern plan
tiers, when ont of debt. A plantation is a little
community of itself, which, when hard pressed,
can furnish within itself almost all OF It's supplies.
Ours ia fine provision country, and, when needs
be, can furnish most of its supplies OF food and
clothing from its own resources. In prosperous
times, when the price of our staples Is higher, our
labor is almost exclusively directed to their pro-
ducon, and then we freely and literally part with
their proceeds in exchange for horses, mules, cat
tie, hogs, and provisions Of all descriptions from
the Wesl, and clothing and all the products OF the
North uud Eusl but when prices fail and pressure
comes, we gradually retire on our own means, and
draw our own supplies from within
With these great advantages, it is not wonderful
tina, in all the great struggles that we have had for
the cotton market, Uhey have been many and
great we have ever come Off successful, 1t is
incder, 10 that great staple article, cotton, the
first in the whole circle of commerce, to be- subject
to extraordinary vibrations of price from the eau
Sea to which have alluded. AT one time prices
are high and profit great, and At another, low, and
the profit small. II can be permanently culllva-
ted only by those who Gun best 60 through these
great vibrations. We are willing to hold /. on that
condition, and feel confident we can, with Justice
from this Government. We dread mol the c0npe-
tition Of Hindoslun; but your unequal unconsillu-
,iona, and oppressive legislation That legislation
which pushes the expenditures of the government