Boon's Lick times. [volume] (Fayette, Mo.) 1840-1848, 1843-05-06

benehcent sense, and the want of uniform.
adequate National Currency, remttble 10
any manner at the slightest cost, is still
sorcly felt in depressing industry, obstruct-
ing business, and diminishing the Just re-
ward Of labor all over the country.
But this evil is greatly modified, and will
in time be overcome, by the operations of
the New Tariff, which has already turned
the balance of trade largely in our favor.
and is still rapidly swelling the amount Of
Specie held in this country. We neither
expect nor desire that this influx Of Specie
will be permanent; but its effects, in enlarg-
ing and strengthening the basis on which
rests our Circulating Medium must be ben
eiiclal. The rigorous and distressing CON
fractions Of our Currency consequent un
the heavy mportaiipns Of Goods and ex-
portation Of Specie in preceding years are
now at an end; henceforth the tendency
must be to moderate and gradual expansion,
even though our Circulating Medium be
limited to the amount Of our Precious Ne.
tails alone.
But still greater benefit to the Country
than even that conferred through the iEvig-
Grafton Of the Currency is about te be eX.
perienced from the New Tariff in the wide
diffusion and more general prosecution Of
the Mechanic Arts and Manufacturing
! processes. The vast Agricultural portions
| Of our Country have been kept in compur-
/ tive poverty by the remotCness Of the mar
kcts for their products and the cost Of rea.
ching them. While the farmer in Illinois
must raise wheat for % cents. vet the ma.
kcr Of his cloth pay 5 80 for il, neither Of
them can prosper. A few go-beiwcens
may amass riches. but the great mass Of
the producers on both sides must iaugusii,
because most of the fruits Of their recipro-
cal labors are consumed in the cost Of OK
changing them. Both must be vastly ben
Gifted by the transfer Of the Manufacturer
to the ncighborhood Of the Farmer. THIS
process has already begun; it wil go on
through the year; and if the next Congress
adiourns without disturbing the Tariff. il
will be instantly and greatly accelerated
The whole Country, and more than our
own Country, will be signaiiy benefited by
the removal of one hundred thousand man
ufacurers and artiZans to the great Valley
of the Mississippi, where the Farmers IF
that luXuriant region can pay them for
their products with the mountains Of Grain
and Meat which must now be sold for tri.
file or remain drug on their hands. Could
this transfer be speedily made. not only
would an immediate Improvement both in
the demand for the price of Agricultural
staples be generally felt, but trade through
out the land would feel the benciccnt i'm.
pulse. No State ever permanently dImn-
ished the amount of her imports by increa-
sing the variety Of her productions. If H.
linois were this day as great Mauufactu-
ring State as Massachusetts, she would. like
Massachusetts. consume larger amount Of
Foreign Products than she ever did while
exclusively Agricultural and Commercial.
The satisfaction Of certain vital wants by
the labor Of her own hands would increase
both her ability and her disposition 10 buy
freely Of other foreign Staples.
We note. therefore, with hearty graiid-
cation the accounts which reach US in our
exchanges of the building of Wooden fac
tories in the West, Of Cotton factories in
the South. and establishment Of new
branches of Manufacture in every part NJ
the Country. 1t is through such NANTES.
tations that our Protective Tariff is to per.
form lis great work OF rebuilding the pros
perity OF the Country. by opening new
sources and varieties of emplovmcnt and,
by bringing the producer and consumer
much nearer together, increase the reward
of the former while diminishing the cost to
the latter Oniy let this policy be steadily
perseyered in, and the Improvement in bu-
siness, or demand for Labor and its Pro
n ducts, will be steady and certain,
Yet we are not expecting wha, is called
a season of Prosperity in 1913, We know
that prices. whether of Lands or Products
. or of Labor. are AMI must be low while
q our Currency remains a. contracted and
: imperfect as now: and we would not nav"
;, it expanded by any sudden impulse There
q will be few great fortunes made rapidly
/, this wear. and we care not if ever again..
But Of that reai Prosperity which is exhib
Z tied in steadily prosecuted, and expanding
=, Industry, in the erection Of buildings, the
Improvement Of lands, the introduction Of
new arts and improved processes, and The
. realization Of large aggregate return fol
the years industry, We trust This year vii
, be not unfrUitful. Tor those heavily !.
= debt in proportion e. their means, il will h,
! hard year, as have been several before Il;
|, for those who can E1d no employment SUI
u ted to their capacity. or adequate to thci
) support it will aSo be hard; though ",
y trust that both the number and the prva
;. tons of these will be much DIMINISHED
: We shall be greatly disappointed if ls4a
, does not leave us, A. 4 pc0ple in n decided