The daily union., 1846-06-27

"Vuiu Dc ni Ouf pottOuc ulc ubbOftfncHt "Ould Ds
kept in our warehouses, and the world might be
furnished from the American continent
Next TO merchants, shippers, &C., the cultvstors
OF the soilthe producers of the great necessares
hie-would receive an immense peeuDiary advan
tage from this system, in the reductions OF freight
MIR. Phenix, Of New York. in his excellent re
port from the Committee on Commerce, IN 1874
and from which have drawn much valuable infor
nation, says; "At present our imports from Eu
rope being entirely for the supply of this country
| and comparatively Of small bulk, are hardly suff
cent to l the regular packets, which, being faster
saers, are preferred for this purpose TO the freight
ing ships Our exports, on the other hand, consist
ing OF cotton, rice tobacco, -four, corned beef and
pork, OF great bulk and weight, require an immense
amount OF shipping to transport them. And as oui
numerous freighting ships can obtain but little
homeward cargo, (returning generally with the bal
last they took out the expense Of the whole voyage
must be betrayed by the outward cargo. The rais
OF freight, therefore. becomes an important item
The freight on cotton TO Europe varies from one to
twocents per pound. A difference Of half cent
forms an important per centage on article worth
from four to seven; and IL follows that rise in
freight operates much loss TO the planter. Any
system, therefore, that would enable the ship-owner
by homeward freight, TO take his outward cargo al
lower rate, or increase the number of bis voyages
would benefit the producer. A cargo Of cotton
quires heavy ballast, and If the warehouse system
were established" our southern depots would soon
he hled with tobacco rice, beef, -four, &c, and su-
gar from Cuba and the West Indies, ITO serve as
well for ballast as part Of the eargoos for many OF
the cotton voyages 10 those ports in Europe where
al these articles are IN demand" "In the West
India and South American trade they are unable to
procure full freight for European markets; but being
ballasted with heavy articles, the produce Of those
countries, II would be convenient To call at ports
and take top load Of cotton. In this manner fur
ther competition would be produced in the carrying
trade, which would be followed by reduction oi
freight"
"By the treasury report, in the year lS45, s5l :
739 GAS Of cotton exported, which, at six cents
per pound, makes 8. .623, ,273 pounds; half cent on
the freight Of this is S43l3,636, which would be
saved TO the planter. In the proportion would
the tobacco, RICE beef, pork -four, and corn raisers
be benefited"
In conclusion, your committee will observe, that
although the warehouse system benefits any coun-
try, yet there but few points where its richest
blessings would be realized. These points must de-
pend on geographical position, population, and pro-
ducts combined They are combined here. Eng
land has her advantages. She has factures and
population, and geographical position good, but
not excellent. And wisely has she made the mos,
of it by erecting the storehouse in advance, and
conducting all the avenues of trade TO II. Our pop
ulaton, though not now equal to hers, will soon be
greater productions superior, because, by hab
it, they have become necessares of life; and our geo
graphic position excellent Standing il does on
the broadside Of great continent, facing an open
sea, on the pathway from all South America 10 Eu-
rope, and from Europe to China it is our " ware
house would set adyantageously at the gate Of the
commerce Of the continent, /" and in our lap their
rich redundance would be laid"
My pursuits, connected with ploughing the soil
and not the ocean, have kept out Of view more than
glimpse Of the beauty and extent OF this subject
have been applied OF the treasures Of intellect
and wealth the extension Of foreign commerce would
add to our, prosperity and happiness a nation.
From those, therefore, similarly situated, be-
speak full examination, not Of the report but the
subjes, believing u.s. great advantages TO US to de-
pend On being rightly understood here, and legis-
lated on solely with view to unfeer it; leaving the
seas He who made them evidently intended-a
highway for all--over whose bosom the productions
Of our climate shall be freely exchanged for another,
and thus make commerce, as it should be, bond Of
peace TO mankind. - ~ .-.