Staunton spectator, and general advertiser. [volume] (Staunton, Va.) 183?-1849, 1844-11-14

world unsucceSSiulIy to md IL
Real reciprocity in trade is indeed very excel.
lent, 1t we could but have it. l, would be n
thing we never yet have had or seen. t:rea,
Britain can never afford il TO us !; and was she
Tomorrow TO repeal her Corn Laws. and omen
her ports to foreign supplies, it would be no man
ner OF oeneht TO US. 1t would shorten the dis
tances and freight Of the Brcad-stuifs from the
na"'c; from Germany and from the, Mediterra-
mean, which are now pressing 20 get into our
market. They would ill up Immediately the
BRITISH market, and undersell and crowd us out.
Nv heat at Odessa is about 40 cents per bushel.
anu The cost OF transportation from that mort to
1Aondon about one-third less than from the United
States" wide Jacobs Report to Parliament"
1t should be remembered the public documents
show that the home produce Of grain Of England
supplies the demand for her consumption, within
-one-nfneteenM part OF the whole amount required.
This small balance she obtains, principally. from
and through her Colonies; securing the CARVING
trade to her shipping and ship-buldinp interest,
and the residue she catches as she can, and where
she can drive the best bargain. We cannot gain
anything by, and we have no motive to enter in
to, the scuthe; we had better look about and see
all these things in true light and begin to take
care OF ourselves. Follow the doip0s and NO,
the teachings of Great Britain. That Govern.
inent exercises paterna care for ali her subjects.
IL feels pledged that no one of then willing to
iaoo! shall need employment, or want mar
dant population to provide for, she has diff.
cuities to encounter. Hence, PROTECTION to her
sucecfs Is her policy and practice her books and
teaching for others is FRRE TRADE. When the
british Ambassador not long since opened his
doctrine and urged the French Government to
the adoption of Free Trade; Monsieur the Min.
ls'er' answered with 81 UoIs piais, ''When your
government begins TO practice Free Trade, We
will think Of it,"
Previous to the commence nent Of Manufac-
lures in New England the Western Farmers
found little market with us. In addition TO their
Gram; Cattle, Sheep Hogs, &c. in almost innu-
merabie quantities ara now continually driven
out for the markets of Philadelphia, New.York
and Boston. Have Free Trade for one month,
and all this only market OF the Farmer of the
west will be broken up and their prosperity
gone. Now, the Cattle of Missouri, Illinois,
&c. are driven out-fatted i'm Ohio, Virginia,
pennsylvania and Western New York, and sold
at Brighton to feed The inhabitants of Boston.
Lowell, &c. 1t is the Manufacturers, the Ship
builders, and the Commerce Of the Atlantic cities
wh'ch supply consumers, and create this Home
Observation-Disclosures the establishment of Manufac-
lures among us the East India Trade was con-
tinued drain on our specie. We had nothing
else to ship to carry it on. Manufactures are
now supplied and shipped in such amount as
nearly to equal the imports of that whole trade.
agriculture cannot prosper without The first bros.
penty OF Commerce and Manufactures. Very
many Farmers now have experience and intelli.
gence to know this, and Integrity TO declare il.
You cost the country nothing, and you paw for
Diplomacy, Ministers, and every thing. You
wish only Market, either foreign or domestic
you are silent and forgotten.
VIII not enquire the immense value of all
your yearly crops. But have you ever cast
thougnt upon your Potato crop alone, as to its
value compared with all your exports to Eng
land, Except Cotton.) The last census shows
mat one hundred and nine millions of bushels are
the customary yield of one year; which estma-
ted at quarter OF dollar per bushel gives S27,-
200 OOO:-or four times the value or amount of
all tho residue of your exports to England (taking
out The Cotton and Tobacco.)
Since the establishment Of our Government,
we have already three times tried Free Trade
Each time II brought us to the brink of dssoln-
ton and ruin. And why are we not satisfied with
The experiment. The first time was soon after
the Revolutionary War. England crowded in
her manufactures upon us. The price of our La
Dor was reduced to thirly-seven cents per day.-
The second time was in 1916 g. IL, when in like
manner we were again flooded with foreign goods
ana Mathew Cary says Labor was depressed to
still lower rate. The third experiment was a.
bout lS1o-4l, at the running down of the ever
memorable and execrabe Compromise Act
Each time the balances of trade were apaiost the
country, and its specie was drawn away. Uni
Sersai distress took its place and, crushed under
us iron ieet, the Productive Industry of the coun-
Try and the hopes of the nation. On the recent
and last experiment, the CREDIT SYSTEM added
lis charms to the triumph of Destruction, and the
lndeible stain, to remain for pos,erity was deem.
ly impressed by Reputation.
1T has been long known that the M,Nr of
county, not less accurate, and certain in show.
ing the prosperous or adverse condition of its
commercial concerns than thermometer is TO in
dicate the variations of the weather, from heat
ahd colo: More than one hundred years ago
"To take the right way of judging of the in
crease or decrease of the riches OF the Nation by
the trade we drive with foreigners, is to examine
whether we receive money from them, or send
them ours; for if we export more goods than we
receive, II IS most certain that we shall have
balance brought TO US in gold and silver, and the
mint Will be at work to coin that gold and silver
Out IL we import more than we export, then it is
as certain That the balance must be paid by gold
and silver sent 10 them TO discharge that debt
am afraid the present commerce Of ours carries
OUT more riches than it brings home. Whereas
formerly great quantities Of bullion were BROUGHT
into this country by the Balance Of Trade, and
coined into money; the tables are turned, and as
fast as we import bullion, it is sent away to nav
our debts. We send our money to Core,on na-
tons, and by employing their poor instead of our
own, enable them 10 thrust out Of our foreign
trade; and by imposing high duties on our manu-
features, SO to clog the importation Of them, that
II amounts to Prohibition
The almos: prophetic accuracy of this quota
ton, Will appear, reference to the last official
returns from our Mint.
Hhoie Coinage Of The Mint and Branches of The United
States from 1892 to 1913:
For 1886 S7,764, 800 90 For 1910 q 2 496 Gao IN
" 1887 1926, S95 90 1871 32I ~
1888 4,206,5lO 90 F." 1912 4I9O75d 40
1899 3,576,46i 90 F." Is43 1867 $40 10
That this return Of the Mint should thus have
contrasted so strongly with the buoyaucv and the