The daily union. [volume] (Washington [D.C.]) 1845-1857, 1845-10-10

ssThe first half of these facts the imports into
China) will be, by many looked upon more as a
subject of congratulaton on part, as furnishing
by far the largest portion Of these goods, than on
the part Of China. This, however, is the short
sighted and imperfect estimate too often made Of the
advantages which every country derives directly oy
an abundant supply Of those foreign articles which
it can purchase more advantagcously than II can
produce, and of the indirect, though to many more
obvious, advantage which it derives from the In
creased demand for its peculiar produce, in ac-
cordance with the true commercial maxim-slf you
will increase your exports, give every facility to
your IMPORTS
at may be, that many manufacturers throughout
China felt their interests somewhat inteffered win
by the competition Of the long cloths and prints OF
Manchester; but even if such partial evil has been
infi'o."d, there be doubt that much greater
public benefit mus, have been derived; and that
thousands have enjoyed increased comforts and ele-
gancies for every single individual that can have
been injured But the increased exports from Chi
ma, proportional to their increased imports, suggest
another important way in which their wealth and
comforts have been promoted by their freetrade tar
iff. Their exports have increased from II T5U
dollars to 26,T85,5l4 dollars; the production Of
which latter quantity of that for which they pos
sess peculiar facilities and advantages, must have, to
that extent, benefited the producer and the laborer
and thus, by such policy, they have not only d.
minished the cost Of the goods which they desire
to purchase but they have at the same time in.
creased their means for doing so. Such are the
two fold advantages of free trade, under whatever
FORM or in whatever place, it be exercised II, how
ever, we woud improve the advantages which Chi
ma has thus opened to U.S. we must be willing 70
adopt their example, and initiate their sagacity, by
affording more free introduction into market Of
those commodities which they can give us in return
for our goods 1.-THE free introduction Of our goods in
to China has doubled the exports of their produce
within few years. more free introduction of their
goods into England will, in like manner, promote
the export Of our goods to China. AT this moment
il is notorious that that trade has no limit but the
difficulty Of obtaining profitable returns; and thai
on their chief article of produce. The Chinese
charge a duty of FIVE per cent. upon the manufac.
lures of England; and their people have the two
fold advantage of cheaper goods and greater de
mand for their produce. We charge duty equa
to two hundred per cent on the tea OF China; and
the consumer here is not only injured by the high
price, but limit is placed by our own act, on the
demand for the labor of the country; and we persls
in this folly, in spite of our experience of the
benefit of moderate duties, even in financial view
"However reluctant men may be to give up old.
cherished prcjudices and especially when they have
been interviewer with the creed of party; howev.
or il may have been fashion to deny, as UtopiaD
the advantages promised by the promoters Of free
and enlightened commercial policy, the striking ex
amples of the success of those principles in whatev
er part of the world the experiment has been made
cannot fail to secure, before long, universal acqu
escence in their truth. Experience, abroad and a
home equally recommends these principles as the
only true guarantee of our future commercial and
industrial prospects"