The Arkansas banner., 1845-04-23

1040-1 T e,I1 e99
 10 tl- 1883.
 i0ta-2 i0,S 2,3Tl
 l0i2-4 2,O3O5 Now if the general laws oftrade hsJoo affected by bad Legislation, there sbm1 greater surplus of cotton in l844, ufa million bales were produced, than in when only five hundre thousand; bec,i wants of society being real artificial they would be just as imporluaate at ! another period. If the production creased to 3,000,000, it would hyebJ cause the article had become more rI either from intrinsic superiority ove. Woolen or other staples in oppositoi or by the natural increase of popph| But bad laws have changed its value; have made the raw material above. aDl below its value. The national bank iI ed the price of cotton to fourteen cd pound, while a high tariff reduces ii | The former demanded a supply ci equal to an enormous paper issue, Il that it might be exchanged in EuI specie, to give value at home 10 tIeI This demand created a rise of coltoaI in like ratio. During the expansion credit, there could not be enough coiI produced. It was the same wiib all produce. The fact was, these were Representatives If labor. and t wasfI of every bank to exchange for iI which was only q representative by a| eaacuments, as were three-fourths sod of banks's circulation. This eR1I nothing, because there was no mong7 uc with which to redeem it. As sod ever as they could buy a saleabIe atl exchange 1t for specie, so soon had tl means of redemption.
 All products of labor increased I from this cause and when this cause the value ceased with il, The hl agents and all who got credit a] brought up every thing as fast itrl duced, and even before, as was the \ sales of cotton before grown in the The fate of this was over producil that the wants of society were suIp ! because it was prevented from them Prices became too eXhorbaI the large amount of products bdl peculatioh, to allow of their beng by all who renliy needed them. TlI of barrels of flour wonld be lying \ the merchants warehouse, while m starving for bread. Prices were con fall; the speeulator having to meelan1 the credit given him by the produ's1 fall then became almost as raPid as mer rise. Every one was anxlous order to save himself from total rum sands who bought on speculation
 ing up all they had bought, beca@1 rupts, from the great reduction walt the property sustained, and fnalIya73 law was demanded to wipe oul re debt.
 This is the way in which the pro cotton in late years has risen anu
 we cannot too often call the ailenls people to these facts. In our las'
 were involved the success ol the al ing institutions which produced ny ters; and but for the information
 that was difused among the PsOI1 might all have been gathering U u' for another struggle. The hlsn
 now he remaining evil operating az interests of the people, and m1sl 1gals the cotton planting portion. ,Sb, W5I' duet has quadruplod since l9at .9 E
 quadrupled the obstacles in l the .,, S1es' sale. The The tariff of that and lollovl Il inf fl'g@ fact@rer 't,at out of the market, Ih3 manufacture, too, is from our q. o"" ,ra modily, and but for these tanlls' sS s' ble us to m realize as much profit as ', of of cotton; o thus securing to the mgT %I gl same 9e'aG,,' advantages aIgg as the planter.
 the price of cotton to two ce0'S wba} toI' to Uu'f mnV be @lur urged in favor of p+o
 of ,%'s these ,a' results, 'n Ds must link the ~no
 in it's abolition. No one can ana u'n' n,, position, whatever reason ''s
 favor of protection, To MAKE ClsrrnS cENEnr, M, .ss paIil' wiIh oil, ',y wiII make cement ha9a
 and impenetrable by wa'el N |, vALrnfnLr DlscorFrg,..aenaa '.. eaa , quarry of Lithograp Inc slons, aay. has hitherto found only in Gernaps, arss1,ajaI covered near Lake Simcoe, o
 There was 78a bales of do~i.l %sss. l exported from Boston last ..s Ns and ] 375 YI bales s were for Calcutta ''' for Canton.
 | A terlnagant told her sPo'Jles 15o 'Jsvli , lieved he was related to '
 maiarrge,' was the reply