Independent Democrat. [volume] (Canton, Miss.) 1842-1844, 1843-09-16

rehtc upon az aHhdihg any rule - Judgt
of the state of ira 1e between nllons.
There is another fact of which Ibis VII
ter, and the rest Of the restrict lnists, seen
ignorant; a large class of imports which
are entered a. the custom house, is subjec
to what is termed the home raluahoa, b,
which yard Of cloth worth five cents is
considered worth 20 cents, for the purposa
of lcyying from it higher duty; yet thi.
fictitious valuation goes to swell the nomi.
nal amount of the excess Of The imports
over the exports. It's known from stats
teal records that but few of the St4tes OF
Europe have this apparent balance of trade
in their favor, yet they have been more
prosperous, and continue to prosper more
than those which have had a nominal ex-
cess of exports over imports. Spain and
Port0gll are those which have principally
enjoyed the baIance-of.lrade blessing, AMI
yet they are az poor, if not the poorest. in
Europe.
The prolectionists find it impossible to
answer the Arguments Of lne free traders.
they therefore resort to three modes Of e.
'ading a direct contest on the subject
Onc IS 20 misrePresent the d)ctrines Of the
trea traders, SAVING they are opposed to
q taslti Tor revenue; Gas the writer in 4uea.
ton has done;) ano her, by making a ,tl,e-
ment Of isolated facts, and drawing from
them a confusion 10 suit the politics Of
tho person, as has been done b. the wri-
ter in question; and third, by appealing
to authority, as has not been done By the
writer in question, which h S frequently az.
torded refuge for his political associates
The first, we have already said was done
for want Of better informaIiJn; the second
for the same reason, for he is und Dubledy
sincere, or he never would have embarked
in the advocacy of the old exploded theory
Of the balance of trade" A man who
intended 10 deceive, would have rcsorted
TO something more secure from attack i
S"'ne'hihg when could be deienled by a
greater show Of reason than the old cXplo.
del balance Of trade theory, which cannot
loF moment stand he test OF argument
None OF its advocates dare attempt its de- !
fence IN I discussion before the public
instead OF dong SO, they "ll tell you that
In,'mGs long past, Washington, and JEFF
Iersoh' ana Ma 'Son' ana Monroe, have
mldc remlrks IN seemed 10 encourage
Inc hol'h "i giving protection, by g Ncrn-
mental regulations, to American inanoiac-
ures' lhe prevalent abs 'rdi'I'9 N re-
gard TO The balance Of trade, are fully eA-
posed in tie l1h chapter Ct Say, with
VhjcIr almost every school,boy IS familiar;
plt the tariff editors Of this country. seem
'eyer TO have heard Of that, or any ether
'}ok upon the 81, ject. We cannot for a
cement believe, that there i any wrhto
deceive the people by placing before
hem as traits, such manifest fI'acios
Is this. An ATTEMPT of that kind woa.d
,e highly disc,editab,c; as i! stands, it's
n some measure vcnial, but not Altogether
20. itisnot right that persons uuc,Iy IL.
lorant of subject, or any thing connect.
I'd with It, should come before the public
with the kind prctence Of erItghtcniog it,
md should actually ask, in tone Of car
lest remonstrarce, "w.lI any patriot, with