The Democratic Whig. [volume] (Columbus, Miss.) 1842-1843, 1843-04-20
PROSPECTS, FOR is43.

pining with the sickness Of 'hope de-
fsrred.' They have so often heard
the cry Of Land Ho. when no land
was visible, that they begin 10 think
there IS 10 be no laod any more. Yet
we trust thay win allow Us to believe,
and endeavor TO show, that the dark
est hours are past, and that a brighter
day at last dawns on our long-sufer-
ing country.
Yet il must nor be concealed that
there are still formidable obstacles to
the complete re-establishment Of our
National prosperity. The want Of
an adequate and Uniform National cur
rency is, iof two years at least, insur-
mountable. The partnership Of Ty-
lerism and Loco Foeoism, to which
the Government is for-that term yirlu-
ally surrendered, will do nothing; Ty-
! lerism being intent on making a show
Of anxiety 70 do something while II
neither does nor Processes any thing
effective; and Loco Foeoism rests on
its threaabare maxim that the Govern
ment can do nothing for the relief Of
the people, and ought TO do nothing,
but that, in Currency as in Trade,
doing nothing is the perfection ofhu'
man wisdom. Now there is no iallacy
more clearly reluled by every days
experience than the assertion, SO con-
slanly dinned in our ears, that the
Currency will regulate ITSELF il let
alone.-We are daily pointed to the
fact that the eRrre0t rates Of exchange
between the chief commercial centres
Of the Uuion have approached Teas-
enable standard, as il that answered
every purpose, while deposite in ST.
Louis, Chicago, or Louisville, cannot
be realized here except at a smart dis
couol; debtors or purchasers in States
embracing halfthe surface Of the union
can promise no Currency in which to
make reniittances to the Atlantic States
and even the Federal Government
drags, ara heavy expense, its kegs Of
dollars five hundred miles over prairie
roads. in order 10 reach a point where
they can be made available! And all
this in a state, as We are told, Of equal
lied Exchanges and a proper curen-
cy!-Bul no! the Exchanges have not
been equalized, in any practical and
bsnihcenl sense, and the want ola uni
form, adequate National Currency, re-
miuibe in any manner at the slightest
cost, is still so'ely feltin depressing
Industry, obstructiug business, and
diminishing the just reward Of Labor
all over the Country.
But this evil is greatly modified,
and win in time be nearly overcome,
by the operation Of the new Tariff,
which has already turned the BALANCE
Of trade largely in our favor, aud is
still rapidly swelling The amount 81
Specie held in this country. We mel
Their expect nor desire thar this inhuS Of
Specie will be permanenG bat It's effect
in eularging aud Strengthening tire ba-
SIS on which rests our Circulating Me
dium must be beneficial The rigorous
and distressing contraciious Of ourcur-
rency consequent on the heavy impor-
tatious Of Goods and expectation oil
Spe lie in preceding years are now al
an enc henceforth the tendency must
bel a moderate aud gradual expan-
sion, even though our Circulating Me-
dunn be limited TO the amount Of the
Precious metals alone.
BuI a still greater benefit 10 the
Country than even that conferred
through the IMMIGRATION Of the Cur
rency. is about to be experienced from
the New Tariff in the wide diffusion
and more general prosecution Of the
Mechanic Arts and manufacturing
processes. The vast Agricultural por-
tons Of our Country, have been KEEP
ia comparative poverty by the remote
ness Of the markets for their products
and the c ost Of reaching them. While
the farmer 10 Illinois must raise whea
for IS cents, yet the maker his cloil
pay $3.50 for il, neither OF them cal
prosper A few 90 betweeps may 4
n, IS riches, Lut The great mass Of tn
producers on both sides must languisl
because most Of the fruits Of their re
ciprocal labors are consumed in tn
cost Of exchanging them. Both mus
be vastly benefited BY the transfer q
the Manufacturer TO the neighborhooI
ofthe Farmer. The process has al
ready begun; il will go on Throughout
the year; and, If the next Congress
adiourns without disturbing the Tariff
twill be instantly and greatly accele
rated. The whole country, and NOR
than our own Country, will be signal
ly benefited by the removal Of on
hundred thousand manufacturers an
artisans to the great Valley Of the Mis-
sissippi, where the farmers Of that vas
luxuriant region can pay them for thei
products with the mountains Of Graf
and Meat which must now be sold 70
fri6a or rnnnain a druo On tbair hands