Edgefield advertiser. [volume] (Edgefield, S.C.) 1836-current, 1844-02-07

oute. what could we expect when such prln
clPles were advocated by high authorities. The
foreign manufacturer could sell TO US cheaper
by twenty per cent than any other. If we. buy
we pay tribute. it is said But the tribute is
OH Inc other side. Mr.. Clay has said, in re-
cent letter, thatit was good policy to buy as
little OF foreign nations US possible and sell us
much as possible to them. This is the advice
Sravely given TO the most enlightened people
Oh the face OF the earth by one of its most dis.
tinguished men. What would a horse. jockey
say if you tell him to give his best horse in ex.
change Tor the meanest he could get? We must
give all our best products for the smallest qnan-
tlty OF foreign goods in exchange. What could
we do with all the precious metals in the world
1--we bought nothing with them? We would
be Verse off than the Spaniards ever were,
with all their gold and silver, exporting nothing.
You must send money abroad, because you
prohibit buying abroad and foreign nations
cannot buy of you unless you buy OF them.
He auded now to the operation Of the sys.
TEN On the exporting States. What was its
effect Oh our staples? Now, we would under
take TO maintain that the value of those staples
was diminished in the proportion that the du.
Ties were increased. The value ofexports was
the value you could receive in exchange for
them. The amount received in exchange was
not TO he estimated in money alone. MIR.
McDuflie went into some statements ana cal.
culatons to illustrate this view. The :conse-
quence Of this selling every thing and buying
nothing was now severely fell by the people OF
the South. They found themselves, with de-
Iightful soil, with valuable staple, which
clothes half the world cheaper than they can
be in any other way; with asndusrlous habits
as any peop+= on the face of the earth, not e1-
cepting those Of Europe, they found themselves
laboring under embarrassments and SINKING
into poverty. The importation OF specie into
the United States degrades its value here, and
enhances it in Liverpool and Manchester, and
renders our products lower there. DO we not
receive smaller amount for our cotton III this
way /? Are NOT onr means Of enjoying liie cur
tailed by this difficulty of obtaining consumabie
commodities? The idea of selling every thing
for gold aud silver was the most gross deluslon
ever heard Of in the world.
The amount of imports from France, En-
Gland, Germany, SC. excluded BY this tariff
cannot be less tllau forty millions. and who SUI.
fers from it The planters sustain the special
burden arising from this prohibition. What
have we seen in Manchester lately a market
has been opened with India. 1t gave al instan.
taneous stimulus 10 the trade. Suppose we
omen our markets would 1t not give insianta-
neous prosperity to the South? Wewere ap-
proacbiur a fearful crisis. In the Southern
States this was matter of life and DEATH This
policy has created hostile feeling against the
Soutf-their peace, happiness. and very exist
ence-on the part Of Great Britain. 1t had cut
off the trade between this trade aud Great Bri-
tain to such an extent as TO destroy every friend
ly feeling that springs from commercial recipro-
CITY; and the feeling of Eng land had allied IL
self with Eastern aboiitionlsm against the South
Hecon,ended ,hatthe producing States were
in state of colonial yassaaSe to the manuiac-
turers A large per cen,ngc was taken from
our pockets aud put into those OF the manulac-
tnrers Suppose we were colonial dependen-
ces of England what would be onr situation
England might compel us to trade with her
alone; but that would be the best market in the
world for us, and Engla could give us our
commodities cheaper than any otlier nation
could do. But we were now compelled 10
trade with our mother. or rather mother coun.
try, on the most dlsadyantaseous terms. We
were compelled 10 buy of New England and
sell tu her-the worst market we could have.
He said that this was the only nation in the
world that derived its whole revenue from iru-
pors, England had excises, and income tax.
&c, and, if he remembered rightly the amount
she derived from customs was only one-temh
Of the whole. Rather than that this policy
should continue, lie would see every blade. Of
cotton nipped in the bud. Suppose he were
10 Introduce n bill 10 raise the revenue OF the
United States by an excise duty OF equal amount
hnp npl
millions Of cotton manufactures would be The
subject oftasation. 1t would yield, with tax
of ,ep per cent, a revenue Of twenty-ionr mil
lions Of dollars. We have been paying a duty
of forty per cent on our imported goods. and
they could not complain ir we lald this excise
duty on their products. They say 1t falls on
the consumer only. This wonld be equal TO a
duty only of thirty per cent, on an importation
Of eighty millions.
Suppose we quit making cotton? We can,
not make it nj these prices. We cannot make
il TO rot on our hands What shall we do?
Suppose we manufacture? Suppose we. who
are only receiving twelve and hall cents day
for the labor of our slaves-and our Northern
frllow.cilizens having made slaves of us all
suppose we abandon ourland, make no cotton,
and confer Oh the manufacturers Of the United
States the iuestimable blessings Of having TO
pay thirty cents pound for cotton, instead of
three cents; suppose we become your rivals
in manufacturing We can have sleam. water
power, and every advantage II I'VE can make
half a dollar a day OH our operatives, and twen:
ty or thirty per cent on their productions, we
would be doing well. The Southern negro,
acclimated as he is, is nuchmore efficient than
the Mexican, and ten times more SO than the
East Indian. Slave labor, notwithstanding all
the European economists tells US, who know
nothing about it, is the cheapest labor in the
world. Suppose, then, we go to nanufnctu,.
ing and undersell you, making no more goods
than we can use-what would be the result?
You of the North cannot bear a competition
even with the free labor Of England, much less
of slave labor; and Senator from Massachu
sets had declared here that southern industry
should never be brought into competition with
the free labor of the North What would you
do Would yon attempt to impose discrimi
mating duty Of forty per cent between the pro
duce Of the two species ofilabor1 Iflhat wert
attempted, *ould not the South, patient ass she