Mobile register and journal. [volume] (Mobile, Ala.) 1841-1849, 1845-09-18

and produced return of Is 600 dollars in fpecie'
and 10 600 dollars in ltalnn merchandise. These
sums together make 40, 600 dollars Imported, when
is 900 dours more Than was exported, ana is
therefore proof of an unayorablc balance o. "edt' !"
that amounts in this adventure. we Should ma no
great difficulty, sir, in paying oil our balances u
this The nature OF them all.
The truth is, MIR. Chairman. that all these obso-
ete and exploded notions had their origin IN very
mistaken ideas of tie true nature OF commerce.
Commerce is not a gambling among nations for
stake 10 be won by some and lost by others. 1t
has not the tendency necessarily TO impoversh one
of the parties to it, while II enriches The other; all
parties gam, all parties make profits, all parties
grow rich, by the operations oil Just ana liberal COM
meree 1.-THE world had but one cline, and but one
soil: if all men had the same wants and the same
means on the spot Of their existence, 10 CRAFTY
those wants; them indeed, what one obtained from
the other by exchange, would injure one party ia
the same dergree that il benefited the other; then,
indeed there would lie some foundation for the bal
Gnes If trade But Providence has disposed our lot
much more kindly We inhahit ii various earth.
We have reciprocal wants, and reciprocal means for
CRAFTY ing one another's wants. This is the true
origin OF commerce, which is nothing more lhan an
exchange of equivalents, aud from the rude barter of
its primitive state, To the rehned and complex con-
dlon in which we see It, its principle is uniformly
the same; lis only object being, IN every stage, To
produce that exchange Of commodities between midi
vldnals and between nations (Which shall conduce to
the advantage and to the happiness oil both. Com
merce between nations has the same essential char
acter, as between individuals, or between
parts Of the same nation. Cannot two individual Is
make an interchange OF commodities which shall
prove beneficial TO both, or in which the balance OF
rads shall be in favor Of bothl If not, the tailor aud
the shoemaker, the farmer and the smith, have hth.
erto very much misunderstood their own interest.
And with regard 10 The Internal trade of a country,
in which the same rule would apply as between ma
tons, do speak of such intercourse being
preudicial 10 side because it is useful 10 the
other? DO we ever hear that, because the inter-
course betweep New York and Albany is adyanta-
geous to one ofthose places, it must therefore be
ruinOus TO the otherl
May he allowed. SIR, 10 read passage this
subject from The observations OF gentleman, in my
opinion of The most clear and sensible writer's and
speakers OF the age upon subjects of this sort!*-
''There is no political question on which the preva-
ence Of false principles is so general, as in what
relates TO the nature Of commerce and the pretended
balance Of trade; and there few which have led
to u greater NUN e Of practical mistakes, attended
with consequences extensively prejudicial 10 the
| happiness ol mankind In this country, our parlia-
nenlary proceedings, public documents, aud the
works of several ABLE and popular writers, have com
| bned TO propagate the impression that we are IN
debled for much Of our riches to what is called The
balance Of trade" Sour true policy would surely
be 10 profess, as me object and guide Of our COM
mercia system, hat which every who has stu
died the subject, must know to be the true principle
ofcommercc, the Interchange Of reciprocal and eqai0a
| lent bentG We nay rest assured that it is not in
the nature of commerce TO enrich one party at the
expense of the oier. This is purpose At which. if
il were practicable, we ought not 10 aim; and which,
If we aimed al, W. could moi accomplish" These
remarks, beliep, sir, were written some ten or
twelve years ago. They are in perfect accordance
with the opinions advanced in more elaborate trea-
tises and nov lha the Won Id has returned TO stlte
Of peace, and commerce. has resumed lis natural
channels, ard different nations are enjoying, OF
seeking enjoy, their respective portions OF II, all
see the business these ideas all see, that, in this
CONNIE, ce between nations but that which shall ben
| eft all who are p,rties to it.
u Mr.. Huskinson President of the English Board OF
Trade.