, 1844-09-07
Expectation of Hcmp,

lieuJp Is dGu'd 10 Inc articles Ol
export from this county: one hundred
and fifty bales prime dew rotted hay
Ing been purchased for shipment 10
England, at n hundred dollars PEI.
Ion. The expectation OF this article
viii no doubt continue 10 increase
largely. The only products Of agfi-
culture which remain ~pro:ecte! by
the tariff, are wo"i and sugar. Tie
latter probably will always remain
protected; for our climate not being
really suited TO the growth Of sugar.
but peculiarly favorable 20 the grouth
Of cotton, high bouties viii always
be necessary to h ID tie five hun.
dred sugar plantations Of Louisiana
10 SO Improbable a business, when
they a SO really he turned 10 one
so profitable. There is no such
country in the world ior growing
wool, as this. 1t has already been
exported, 10 some small extent. and
having advanced 10 England as much
as here, is now very little affected bv
the high duty IMPOSED uf,n tie for
eign article.
Very soon the price Of wool vii
be regulated entirely by its value in
foreign markets, and 50 stand alto
gether independent of protection. OF
all the mighty host Of farmers IN tie
United States, there will remain. five
years hence. and probably two years
hence. the five hundred sugar plant
ers only. in a position capable OF pro
lection by the Tariff. How long
coal and iron will he capable of pro-
lection. or whether always, we will
not now attempt 10 determine. If
they eve become really profitable
objects Of production, they will, like
lead, bread stuls and provisions, cease
TO be susceptible of protection; for
nothing is clearer in political como
my than that the want Of profit IN it.
self, is the only reason why any hu-
siness needs protection. How delu-
dsd any people must be, therefore,
who pay high prices to sustain occu-
pations which say they must sink IN
less protected. If 4 single man, a
village tailor for instance, were to
claim protection on this ground, who
would listen to him! II he were to
say, "these cheap coats which you
buy else where, are breaking up my
business: Living well, as. | do, and
as ! intend my family shall live, | can
not compete with The poor men and
women who carry on the business
and live in a poor mlsera!ie WY
Now | propose that you should ali a.
gree TO pay me fifty per cent more
for my coats than you pay at present.
1t will only make 4 twelve dollar coat
cost eighteen dollars, end the proiec-
ton which thus ! get, will enable me,
! hope, TO make coats cheaper than
YOU ever bought them, after ten years;
and besides, | shall employ a great
many men, and they will make a
home market for your ~Produce."-
The farmers might listen 10 this, per-
haps, if tue tailor would agree 10 take
corn for IS cents in payment for
coats, instead of so cents,-and would
think the bargain very fair ifhe would
agree 10 buy all the products OF their
farms at the SEINE advance. But IT
the farmers had to reply. sour pro-
ducts are raised in such quantities
that they are exported abundantly,
so that the price is fixed in foreign
markets. You will buy as cheaPIy
as YOU can, however much we may
agree to pay youior your Iabor. All
that your establishment could do,
would be, to pay US possibly n or
two cents more IA bushel for our corn,
than it would command in other mar
kets. Tho utmost that we could
hope for, would be, to realize five per
cent more for what we sci! to you,
than we could otherwise obtain,
which is only one-tenth part OF the
advance you ask US to pay you. Your
proposal would really reduce the
price Of corn to thTty-fve cents a