The Democratic Whig. [volume] (Columbus, Miss.) 1842-1843, 1843-06-01
Sources of National wealth.

Thoughts for the people. The coin in any
country bears an extremely small proportion to
its other property--in this country not more
than one or two dollars to the hundred. Mon
ey has only representative value. Ii all the
com in this country were in a single city, and
the rest of the country were wIderness,t would
not be worth so much as its weight IN iron. 1t
is property then that gives value to money
AS money is but a representative Gfr0 1ue, no
IA VS. can restrict it to coin. A house performs
the office of money, baythelr representatives, the
notes of the owners. A mans house may go
TO New York in a letter, to pay debts, and
come hack again. Our mails carry every day
more money than all the wagons of Martin Van
Buren's Sub Treasures would ever be able
10 convey, and much faster. Money pays Tor
part of the production OF year On tmckly
neopled States changes hands, and real estate
remains almost in Statu gao, so that but little
money is required to represent exchanges. Ac-
counts are kept in money, but not property.
Money itself fuctuates in value. Money is
like a ward measured of India rubber, where,
though the hgures remain the saihe' VALUES
change.
The wealth of this country has been crea-
ted in 200 years. and the population has been
sustained too, which consumption amounts TO
one-ffth of the whole property. Twenty
tiroes in century the whole amount OF prop
ertv at a given times Is consumed 1t costs
something to dine sup and breakfast seventeen
millions Of people, to say nothing OF fuel and
clothing, and yet industry, skill, intelligence
ECONOMY, morality and good government, al
WAYS create surplus at the end oil Inc year.
The strength and skill OF hands and orains' al
ded br mechanical. and productive energies, do
this. ,.1 -
r,o-netual foil. No steam horses for him or
rPbort methods. The plough must pass over
the whole field. He works early and late,
tho,,ob not SO much In winter. Farmers are
alvavs wanting money. The Improvement OF
her farms is the only money they require. 10
exhaust one field and then work another, is ru-
nous. The soil in this country can support
200 100000 of people as well as II'oOO'UoU'
Agriculture to flourish, must have market. a
market is every where. A market Is PEOPLE
not engaged in agriculture, put 10 pIouucLlg
mortar. tools, mills, cotton goods, wares
and the thousand other productions which sup
r,lv want. The nearer the farmers door, the
better Agriculture can flourish only where
there & large population engaged IN manuiac-
+ures of some description. There is no mar
| L.t for Georgia cotton IN the interior, ana IL is
sent to England and the North.
T,a second source of national wealth is man
&c, ctnr;nor industry. No nation ever became
wealthy bv raising the raw material ana t ,I,
80 no;ney il for The manufactured article: Ihe
49,. md nrofitg on manufactured goods arr
s.,,s .;Toes those which bring the raw material
ct,,rers work night and day; farmers on
H. hv day and in fair weather Manuiacaui =.
nee machinery to any extent--n0t 30 Mlsn -.
f-rnoer. The water at Loweil aoes lne /" 81 =,
Of million of human beings. ne ,aln'ei
ses All by main force. The farmer $ p'oo"0'