The Yazoo Democrat. (Yazoo City, Miss.) 1844-18??, 1845-08-13

those edicts--but are not ourOwn prOhi6i
tOtg and rest,yctiue IaspsI thai we professed
iglymade with intention d bring a balance
in our favor with our trade with foreign ma
tons to be paid in money, and laws to pre-
vent the necessity of exporting that money
which if they could be thoroughly executed
would make money as plenty and Of as lit
4 tic value say, are not such laws akin Il
those Spanish edicts follies Of the same
family ~ Again he states that, Most o.
the statutes Or acts, edictS, drrets, and plQ.
cards Of princes, ParIiaments, states, for
regulating, directing or RESTRAINING q
trade, haze we think 6eenpoliticaI 6l1nders
or JOBS OBTAINED BY ARTFUL MEN FOR
PRIVATE ADVANTAGE U3der Pretence OF
PUBLIC GOOD" Such authority emenating
from one of the wisest statesmen and pa
tTiOts that has ever lived, should not fail to
carry conviction to the mind of every advo-
cate Of protective, or restrictive tariffpol-
icy. He declares nation which adopts it
is guilty of political bl,mders or is duped by
artfl men who seek to promote their priv
ate advantage /; and who with the proofs
the past afford upon tho subject can doubt
his assertion
Among the ruinous effects of the high
tariff policy, to the laboring classes and
their resort to a "home market" for their
supplies, is, that it lessons the ability Of
foreign nations to buy of them. For in
stance, if the people of Southern and Wes-
tern States Of the Union are compelled to
look alone to the Northern markets for sup
plies, (manyof the products of foreign ma
tons being prohibited they expect ability
of those nations to buy would be diminish
ed to the amount Of the deficit in the sale
Of their own products. In word, if we
will not buy of foreign nations, they cannot
buy of US. What then must ultimately fol-
low, the products of the South and West
must be thrown upon the northern markets,
they will soon be over stocked, stagnation
will ensue, reduced prices follow, and al
though their lands are fertile, their energy
indomitable. their industry unwearied they
will be brought to ruin, and almost to the
wretched condition of the foreign slave who
Degs his humble pittance from his proud
government favored master. The aristo-
cratic manufacturer would not only dictate
what price should be- paid forthe article we
but wonld dictate what should
be paid for the produce we furnish for
market. The prOtectionists may here
declare that the home Market pro-
vided the northern manufactures are pro-
tected, and permitted to flourish would so
increase that it would be amply sufficient
but resort to facts proves that with all the
avors of government the manufacturing In
Lerest cannot keep pace with the agricultur.
al. Fifteen years ago cotton manuiacto.
ries consumed one fifth of the raw materi-
al, now they do not consume more than one
seventh. Can it be estimated how great
the falling offin consumption will be when
all our wild lands are cultivated by indus
lrious and enterprising citizens To show
the effects of the present tariff upon the
and laboring classes, we will
mention that in the year ending June, Is43, {
Immediately succeeding the one in which
it was put in operation there was exported S
eight millions less farming produce than in il
the year proceeding. Five millions of that c
amount consisted of tobacco. Here then
was five millions thrown upon the " home n
market, " and of course a reduction of pri. n
'es follOwed-what apology will the pro. p
ectionist offer the tobacco planter for thus Ii
obbing him of his just rights 1t is true c
direetta1 is not levied upon his e1porta. {
ions, but the high tariff has prohibited for E
ign nations to exchange with him on equal n
erms. Moreover, tax upon imports, is a I
X upon exports, for when there was no $
oppressive tariffthe foreign merchant who y
INT over his ship to purchase supply Of j
merican produce, also sent a cargo Of b
lit or other Aticles of foreign production, P
Ut now owing to the heavy taxation which f