Richmond daily Whig. [volume] (Richmond, Va.) 1842-1861, 1845-10-18
RICHMOND DAILY WING.
Frm the Southern Literary Mes. sng-t
Tm wAsruOuK sY.rrA AND Din,cr TaAbx WIN TUE


"Ths duty tea In England A, 9, ID fso een,,) per
pound the annual consumption between 40 aud 50 millions
po1nds weight. and the stock tho bonded w.rshou
- THERE By by the last ssamsr
" million. o poud and the boadsd stock of cof
ies rum and other high dutied articles large Aye
and u cotton sso, the loo daily Of t,hs VI cent
last sprng) large stocks vss swsys keps In bond. r'
because the imporst might nod wish % ss snd therefore,
was unwilling advance the small rate u duty
necessarily; aud s~eondy, bccsue he might wish export
IT, might expect. from the diminished stock in con
nnentsl Market that he would o1g 6nd fsvors bic op
portunv ofseing for expectation. And under this sim,
pyfyng Wareh use Sv,tsn, duty paid IL never n,
funded-therss dsbenture With ell its com,
pcxes and risks la tho revenu.s-no psyn-n, OF Juy
ON cargo oi produces this week, 10 be refunded a
month hence. when shall have been exported No Tn,
importer Warehouses his cargo the amy
part VI that he wants. and espu-d wiihuu h, p,s
sing OF re?a''ng ID single cent u du,y. dsbentue
~ mo custom House N,w, cotton II duty ENGLAND
ana Ut coufso quite well OIL regards its
as u was before. Let what n pretty little trad.
Srea or'sn has driven IN the feexpofntion Of cotton
IN ioS1 she sent oil l3oOOO bales; l5i3 1871 600 IN
1914. llIOOO; and In the Inst seventh months ct lsl5
nearly 9OOOO bales In tho same seven mouths she has
also exported, from places only, foreign poat
ABOUT +ooO tons icuhee. 5000 puncrnns Of rum l
tons o sugar 500 of pepper, 1904 ons Of rice. Ne
&C. The stock OF tobacco 81 grow ia Ia the bonded
warehouses ol Liverpool aud London al ,ne was about
SsoOo hogsieads on lst August lSl5 land this crop:
growth 1874. had scarcely begun To arr,y. there the
annual consumption o England being less than 20 900
hogsoeads' what cares shc with such a stock, II
10 pay famine prices for tobacco unless the fin h. ,f
long continuance; already has she responded ~ The las,
seaer !" our accounts OF the III last y.ar proving
smai' anu o the prospects in Virginia being
gloomy fof the growing CROP qucnce OF the druy,t
the stock here Is 80 large That you not expect any
ao'ahee IN pfiec, until yuu have three deficient
crops In succession" But II the duy instead of h,,,v
soout 10 cents per pound payable un delivery Tor con-
sumption, had been cent payable arrival she would
nave had no such stock. aud have very different
response A. n having Wsreh,usng System sli. be.
comes depot tor tobacco, and has an annuaI -snat
trade M II Of i0r 1900 hgsheaJs-conscqi rntIy her
Jocks and warehouses; coopes. porers, drsym-n met
chants AM SHIPS have cupl,,ymrnt and p,,
ht, which they would have under OF dur, r,pu
lsiions like ours.
IL have stated the stock Of tea in Enslond-abou,
years consumption. II the duty here was 10 cents ne,
bound, PAYABLE ON Arnya stock would pt,bably ID.
less Than hall our annual Consumption. Then, suppose
quarrel In Chna anI her port. shut. consumers ia tho
United states must su-r consumers iu EnylnJ
Asain under such duty. larger opc the stock. wound
oecone small because wealthy merchants wouJ
ho' "hn2V hold large stocks and the less weathy would
DC ut'eh out VI the trade by the incoa venency n d.
ncnity oi advancing such large sums for dut..-b,,
the stock being reduced amoun, s,,,.
wealthy importer, or holder. would naturally buy up what
he eoIld from his neghbors aud advance the prc. of
ths Necessary" at life ID, pcrhap, 50 per
ns not up"u ihe broad g6Ounds Of deficient
aud increasing consumption always desirable as prevent
ing se1ciYl bJt, with the spirit uf q nnnopolst
seeking To add hundreds Of To hrs already owe,
grown otiune at the expense OF the consuming ella,
ought we to blame himi Not all; one has or ou,b,
Ia
cllitates and encourages suci things IL ought 4, h.
changed Tor the rich grw richer fast enough with ,
inc Au o. laws inc'en'ln, tcir monopoz ng at the
expense OF the rest Of the community. OF Jur-e this il
an imagirNy tet bee iuse il il free of du,y
Out may not be So other articles which are JUS. a
much nccersares II life. $500
1.-The Wir,housiny Sys,cn, n ,x.v., ,.,,II -;
oegfee be utter destruction all such schemes all who
nnderstand It can readily perceive. Indeed, heard len
ang New York importer say. ~, doubt, warsh,u,ius
system would be beneficial To the genes nj commerce and
la Sc. my al, 4
would be Injurious To business aud would so increase
the stock OF goods. that should difficult ever 4, pc,
good prices Alter whilc some pretty constant expott
uade IN foreign goods might spring up have money
enough Tor paying duties IN cash arrival and am con
tent with the present system He would Also no doubt
have added IL had pressed the point Il also preieI the
present SYSTEM because II the trade in ph dut.d
articles to centre more and in tiis cy and so IL
gives me more knowledge OF The ick on hand and mora
control over prices la fact the pre- System u %. .t
N Mt the expense OF other cites upon well establish
ed principle that where large are required IN trnr
the city OF most ide will them To H. IT, then
monopost desires the of the present system
he las only 10 let II be und rsiood circulated thn
Waieaous n System wOu operate aln exclusively 10
the benefit OF the cry Of New York. and It ne IN thus
get sectional prJudces and eaIOscs excited he may mo-
badly continue TO ENJOY his moned power expense
Of the rest II the Country.
at would be Illustrative OF my POSITION that the present
system Of collecting duties calculated 10 conf IA The inn
poatipn Il high duted articles IN IRE and myr, a. Me-,
York and TO throw Houses Of smaller capital out of such
trade, We could see comparative statement cf Imports
last W.
with the whole smount Of imports and pors OF each Dor,
for each year, aud II could have the numb,r of regular
importers OF daabc and 4" Tree articles. each port aud
year, and the number who have gwen up the
ing TO the inconvenience 81 large cash outays tor duties
u would also he very nstruciivcbu the latter would
be ndeiieaie, being virtually enquiry the Capitals
and resources Of Merchants might Tue ~ wei,
as difficult u ny To obtain II.
I'VE must expect many objections be mudc TO the O.,
npshneni 81 Warehouse System; some from honest X.
noranco, from selfish blindness some from mere stu
from
nj feelings, some from grasping fapsciiy Most of the OBJ
Jecuons ." lar have proceeded from high quarters
IN inc lfa'ufya at washington. aud from The highianf
protective policy party-ihe former arising from mIdy ~
To the effect the revenue, combined with want of
knowledge VI the subject, aud perhaps ilc political CO.
Quoting; the latter, IN most cases, from wnrght pncy.
The present Secretary Of the Treasury WIN has non. of
the strong excuses To offer for Sinking the question: hc
his predecessors for well the m
serves UNDER should not ia TO inform himself comp ty
upon H. so as To bring forward the measure ut the
OF the ssion like manner For Of nII IN,
times there have been for IT, tis IL the Tim. which ~
~ who has the slightest prctcnons desire be con-
Tdefcd IN any decree statesman ought regard ma the
best time there has been for the OF such inca
"om, persons confOund former credi .ystem with
the Worehousng System, because un:or bh the duty IN
not necessarily paid the arrival Of vosse bat they
ne essentially different BY the former the Government
trusted the Importer for the Of duty for soeced
number Of months lnot year, however, upon mere p.r
sonal security aud allowed him 10 have nd con-
uo OF the good, but by the latter IL does not tru him
at oil but keeps possession or control ol the goods until
me duty has been pad Ia cash, within years however
eief importation By tie Iomef Plan ~ case of expoa
uon' mere has been receiving aud tepsyng OF duty
WIN a the Tlsk and Inconvenience which such unneces
sy ua'saeuohs sniaI while, by the latter. n dollar
passes into OF out Of the duty or debeD
,ufo the goods being taken from bonded Wsrehou,e
TO Tie expiring ship, under supervision of the
House auihones;ior II Is beautiful and simplifying prn
epe OF The warehouse svscm st [eKc, pt IN the rare
cases OF bouniits refined sugar aud such like n a.
(which has b, enrceyed rcturncd but by our pre-
ssntsysiem duties may be received this week on Havana SUI
gar, and look like revenue and next mon, the ariel. NAV
be exported aud the duty refunded
AS to other Effects peculiar. to the Waruhousing Sys-
TEN; Of least ihrceourhs of the tonnage arriving from
ioregn countries a The Southern parts in ballast Or cup
w. snd might ~ per ton, such goods as arc shipped
from Liverpool London, and IInvre, in the packets Tor
New YORK - to $40 per ton; and as our own ships
generally speaking, get preference OF freb, o foreign
ships they would get some additional ffe sht from Europe
70 southern P'fs the tendency Of Custom House reg
laons were not to eonini imporaions more snd more 20
New York. but a' u Is, the COTTON rice, tobacco lard
pork, &C. Of The SIuih and tho Wet have to pay ,igbs
eufi Emf Ia row Tho ,T