Richmond daily Whig. [volume] (Richmond, Va.) 1842-1861, 1846-08-17

Repeal OF the Corn Laws.
Ia seems be very generally conceded that the eI'
trauRant autcipaons that have been excited OF an en-
lsrsed aud profitable market for American bread sus. con-
segment upon the modification, by the British Parliament
the duty upon wheat and four will not be realized In
despite Of the reduction Of dror perhaps 10 speak more
accurately should In consequence OF 1.-THE prices
Of bread s,us the British markets have steadily declined,
until they have reached 80 low point to render extern
sve .hpmen ts from this country only Improbable but
runous According the lsst accounts too, the English
promises be unusually abundant and, we need
say whist the statistics OF the Corn Market tor many
years. show that whenever there san sversgo crop IN En-
glaEd the production is fully equal the consumption OF
the kingdom We cannot therefore, reasonably anticipate
aay considerable demand Great Britain for the surplus
products OF the American farmer during the twelve
months Rarely, indeed in opinion, will there be such
demand under any circumstances. The failure OF the
crop Great Britain alone will not be likely to furnish US
with Market since, unless there be at the time
failure in the crops Of Northern Europe and ASIA which
very rarely occurs with short harvest in
Great Britain she wi she has heretofore done, draw
nine enths least OF her supplies from that quarter So
far from deriving any benefit from the modification or
peal the duty upon will operate disadvaniageous-
IT, another mode-by deprving that portion OF our far
Ines who have been in the habit OF shipping their produce
from Canadian ports. of benefit OF the reduced duty
upon colonial productions. which they have heretofore
ioyed The market for American bread-stuffs will
quenty be contracted rather then extended. by the
policy Of the British government which is nevertheless
frequently referred only concession TO the prin
cpes OF free trade but great boon to the American
cuyators Of the soil and which furnishes plausible pre-
text for appeal that large and dcservcdly influential
class OF community consent recprocauon OF the
favor by destroying manufacturing cstablishmenu for
the benefit of their British rivals who, they told have
struck this blow the agricultural interest Of Great Brit
ain If designedly for the benefit Of tho American far
nor tribute the newly recognised principles OF Free
Trade which they have hesitued sacrifice old pre-
JUDGES, opinions and interests.
And there never greater mistake than suppose
change the British tariff has been dic'a
ted by any regard the doctrines Of commercial freedom
about which hear much twaddle from leading States
men, both Great Britain and in the United States, who
nevertheless dare not carry their principles into practice,
the commercial codes OF both countries, in their
modified forms, The superficial observer
not the selfish motive which original
~ induced the British Government to impose high (and
generally pohbitoy) duties upon wheat and -four, has
led the successful in favor of their
Obligation and ultimate repeal. This motive lueidy
exposed by Mr.. Stewart OF Pa in his admirable speech
against the tariff bill, (Which shall take early occa
sion 10 lay before our readers He says "Sir Robert
Peel understands his business. He proposes take the
duties off breadstUs and materials of all kinds used
by their manufacturers and every burden to
aud the markets OF the world where Yankee eOmPet
ton is giving them great Last year export
ed hundreds OF thousands dollars worth OF cotton goods
into the British East Indies and beat the British IN their
markets. after paying discriminating duties imposed to
keep out, first g. then TO- finally 10 per cent In this
great struggle Sir Robert Peel the rescue. He
repeats the duty and WOOL and bread and meat,
every thing used by British manufacturers. enable
them go ahead in this struggle with the Americans lie
understands Of his country aud like great
and Statesman he takes OF them. He
crisis, and nc it like lie that the
nufsciues Of Great Britain, the pillars OF her nation
al prosperity. toteTnR their fall he that pow
eTu rivals sprngng Up in the u States and in Europe,
who not only supplying themselves but threatening to
drive Great Britain OF the markets Of the world. To
his and fearful crisis what does he do2 He ad
dresses the lords sud andhoders OF Great Britain, with
whom he had been always politically identified thus "Geh
temon necessity demands that you surrender
temporary advantages TO country aud your
selves. Oar manufactures threatened with destruction
Thsy your Rrent and only markets. They consume
sell and carry abroad hundred and seventy FIVE millions
Of your agricultural produce annuaythus making En-
gland the greatest agricultural exporting county in the
world. But II you suffer your manufacturers TO be de-
suoyed by foreign competition what becomes of youl-
Where your marke1 Can you carry your bread and
meat your wool and other products, abrosd, and
manufactured form. Our manufactures giving way
Last year the u. States sold in the foreign markets
than thirteen millions Of manufactured goods; and the ques
presented, will you sustain your manufacturers
this struggle, by choupenng their living will you hold
and break down. and with them your country and
yoursolses7 This the key Of the British policy
and furnishes ready solution the sudden and Otherwise
incomprehe conversion only of Sir Robert Peel
and hs followers, but Of Lord John Russell aud his sup
porters principles, which few years ago. found
y coIporas guard support them in the House Of Com
mons while their leading advocates, Hume and yliers
greeted with shout Of derson when they submitted
the annual resolutions in which they embodied Il
- not tree trade that tho British Government desres- is
no adherence Of commercial shSck!es which in
licences her st1esmenior these still retained in the
British tariff where they do interfere with their lead
ing and paramount desgnand that is perpetuato the
MANUFACTURING MONOPOLY, the sinews cf her wealth and
power 10 her hands, end arrest II possible tho
growth Of the new and formidable rivals that have arisen
both In tho and the old world compete with her
IN this important department Of industry.
II any benefit shall accrue the farming and planting
interest Of tho T. States from the repeal Of the Corn Laws
il will be variable and incidental That is point Of view
which, to say, the question scarcely re-
Rsred BY the British government But this accidental adyan
tage agricultural interest, should accrue will never
compensate for the overthrow Of system, n which the
policy Of our own Government operates coneunendy with
that Of Great Bntan the growth Of which has furnished
market home for the surplus products Of our soil more
oeran well extensive aud ~ every way more
advantageous than any which may hereafter even I'M
der The most favorable combination Of croumstsnees hone
20 End In Great Britain.
The Mexican War.
The Nauonoi lntsiigenoet publishes tho proclamation
recently addressed the Mexican people by Gen,r r,v
lor (hoh inserted some days ago in the Wbigl In
which the object Of the War said u he to overthrow
tho tyrlots" who role in MeHoothc very same "tyran
whom he President hos recently submitted proposals. Of