Edgefield advertiser. [volume] (Edgefield, S.C.) 1836-current, 1846-07-01
s ! DUR'I'so,El5 l5 i AAHNEY,
{ EDITORS.
- ~
NG.S3.

tha: with which we part, .aad.thS further
we can cteateIthese exchanges the more
both parties and the nation are enriched !:
for their LABOR, skill and capital;ase then
Iturnet1o the best possible acconn,, !, by ere.
ating the greatest quantity of value to
make exchange with. -.
Just take one, example of,.he Injustice
Iihat heavy duties Go injuring your farmers.
and all those WHO buy woollens, cotions,
hardware, &C., &c. Let us suppose you
charge duty Of fifteen per conf. os, wool.
lens, as yoy did 81 one period, and ihat Two
barrels Of norts then bought or exchanged
for one piece of cloth but.io sus,eia your
manufacturing pursuits, you indHce tho
goYernment"to laise these 'duiies 10: one
third ON the previous cost and du,yn which
would be less then your present rates, then
it requires three, ,.barrels Of the" farmer's
-four tobuy The aane quantity Of woollens.
which is anasi,ive, loss lo.him.. aud, TO ali
other 'Purchaseis..!who, must part. with q
larger value Of. properly to- obtain this
cloth, withQptanS corresponding Advantage
to the nanufaciurersI unless they. have
some local 'iora natural advantages shat
they may not derive more than q. living
profit out Of. tkeirirade when all The rest Z
Of the country To- heavily taxed 10 si,s,ain
them in their husiness. fEthe ,manufac.
turers have n,ore:sthan fail, profit, it is
equally unjus, tharsothers should pay for
their exclusive. benefit. just, Eagcy US :
forcing the growth of pine!spples in En-
gland, and you breeding Shetland ponies
at New. Orleans., This IS nothing but
strong illustration Of the folly Iand waste.
OF labor aHd capital in altemplips.to effect
what Others; can do forus ON; much better
terms. a tailor can make clothes infinite
ly:better and cheaper than ashocnak Z
a shoemaker cardo the same 'wiih shoes
much better shan, tailor. Now what
would be the effect of laying, ,counleryail- !.
ing or probibitory duties beiweea. these
two parties ? Mould il not punish bolhbY
compelling them to make: q worse article, );
and at an unpro6iahle aud greater erpen.
ditlresofi labor than iEeach was left 20. his
own natural trade 70 supply the other
with clothes and shoes Gan there be a
doubt Of tiis 3 Now, fancy .theitrads of
York and Boston inierfered with by cogn- J.
teryaiiing and proh;bitoryi dntissrsgo q y. =
step slut,hers andiimagine' tHe nations Of
the sarthsail pursniag HE: :sanle :slicidal
gslieg, Alds slaayes syoil ibEsil
ss= ssasct aFPsafssyS .nl ls5s seie@ !
as The sun at noon; yet this Is si5s policy. y
so lar as NATIONS are concerned, itiat syon
adyocates 4 i.s sp,.sSs. az ~, .sg,n y. t
;, Almost all your protection, pub,iiea,ions.
which haye had an opporinnitY;a af read
ing more Or less, say that all you want Is
reciprocity. Now 90. this point ,wo ara
ABOUT lsstias 1Rs siaesfhy Of suchIdeclara.
tidhs, tor 1 hope the packe, of the 18th.
June will carry you out an account Of The
death warrant of our corn laws, &c. hav-
Ing receiYed The royal assenti aud tia, wa
are'a5OuI TO give your -four, wheat, Indian
corn, cotton, lard, &c., &C., free admis-
son 70 our consumers. .,,;,-,.: ;,
: 1t is true our government, With view
10 raise revenue, prohibits the growth Of
tobacco in Great Britain, although il can
be raised Of a very fair quality .iu Ireland,
and better for The consumers than The adul-
teiated trash now used by them. This
gives you complete monopoly of our
marker for that article although it will con-
tinue taxed. III is your interest that this
course should be pursued, butl must ques-
uon whether il is ours. Lam no, without
hope that even here, by and bye, we will
get the duly reduced, unless by your pro-
hibitions yel put ,it out Of our ,power to
pay for what we want by our exports, di-
rect or indirect-for this is the limit and
The only limit there ought to he to trade.
Your farmers and planters are, much
less intelligent and shrewd people than
take them 10 be If they do not clearly see
,hat having all the world for. consumers
and all the nations ofihe. earth open to
draw such articles from as they want. is
much better for them than tobe placed in
the position of having. only i ,ons customer
10 sell TO. whose interest it is 10 buy cheap,
and only one monopoly and protected
country (the home markel); to go to for
suppiies-for let 1t be disguised OF mysti-
fed as il may, this il the practical effect
of prohibiting Imports by excessive duties.
II is national suicide. [ must again re-,
peat, and we must. never lose sight Of this
fact, without. we buy, We. cannot SELL
There is no such thing as a one-sided trade
lit is impossible. . ....,
You seem. afraid Of panics occurring
from the. specie leaving your shores. Ibeg
to ask whether the large: measure OF pro-
lection both you aud we have hitherto had.
has prevented those ,panics.---if not, why
rely on it for producing this. effect in future.
Projecting duties, have the. very reverse
effect of wharyou allege,--lhey aggravato
the evil; Panics viii always occur in
commercial countries, but with less inten-
sily where the channels or commerce are
not obstructed and damaged up by unwiso
restrictions. Your banks being obliged TO
curtail their discounts when there are hea.
Wy calls on their vaults. is, a necessary aud
salutarv check 10 excessive speculation: