Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1846-09-25

readers that the lion. MI. D"'' 80 apo
" misrepresen,ed MIR. Clay's unequ'r0Sat ana -
press preference Tor ad ualortm over spe''H'
THE FOREIGN AND THE HOME mARhh'
With the Tariff pres, the "home maiAes
every hing, and but liule importance - -,
"a IN Tho egec, Of The commercial poiicy oi w.
Britain, in opening market 10 an r.;s-
amount Of American produce ana '"eie'' Nc.
ing the price OF our staples and glVi"s ~
10 the business OF the country. They nave q
right 10 employ such arguments, but we a.. -.
csived if ,bev can convince those not oiinue1
party lha, The opening Of The British po''s 10
relieved The ahome market" of an amount " -
dncp which would otherwise have gone 10 d :" :,
lower depression. Take tor exampie' '"e
Of Indian corn. Was vast staple Oh oui wv"
,rv ever exported in any quantity until me OPEN
inc If Inc British ports TO It's consumption
Sill according 10 the "home- theory, gu,
manufactures will consume large pof''o" y
tho article and We ought 10 encourage tnehi ~
high duties, excluding foreign manufactures anu
dsnr;v;ne foreign countries Of The ability 10 con-
sumo our vast surplus OF corn. Is II not o'i
plain policy, on the contrary, 10 cultivate i'oe-
raj commercial intercourse with The whole "oi'u,
and. by an interchange of commodities, e3Panu
the markets for our superintendent produce Which
no "homc market" can diminish TO any sensio'e
exlenl2
We have given all credit 10 the laws oil oe'
mand and supply, and TO the failure OF Inc Po'a-
10 crop in England and the cotton crop mere,
and we still contend that the increased prices oi
grain and cotton are greatly al'riou'aO'e -
the activity given 10 trade by the ieeIa'
revenue measures on both sides Of The Al
Ian,ic. But, ask the Tariff papers, why has mol
tobacco also risen Our answer is, that tobacco
is luxury, and stands on different ioolins from
grain and cotton, which are absolute necessaries
of life. People may live without The use oil To-
bacco--ihey cannot do without cotton and gram.
The former therefore is not as sensitive 10 changes
in the commercial market as The two alcr-bnt
we doubt not, that under the operation oi the ne"
system. we shall soon sea an Improvement also
in The prices OF tobacco. But there is another I'M
portanl element in The calculation. The British
ports are thrown open 10 cotton and graiR-Dut
our tobacco is still subject 10 enormous dulles
Under the influence OF iree-trade principles,
movement is now going on IN England 10 sifike
oil The larger portion OF these duties, which now
lead 10 the grossesl smuggling, and we have Tea-
son to believe that il will succeed. oatlain this
important object, however, should we rerocede in
our commercial measuresl Should we not ra-
,her, by our liberal system encourage Great Bri-
:l.a - ~. ;r,p air a m
rican Agriculture 7
Such are our views OF course, they will be
unsatisfactory 10 the Tarlfles-bu The more We
reflect upon what We now see, The more satisfied
We are tina, the repeal Of the corn-laws and the
reduction of our Tariff have given new impetus
10 trade, and are destined 10 produce healthy and
general prosperity lhroughoutlhe union-the more
convinced are we OF the absurdity OF The "home
market" theory. Blu, as 10 this point we are con-
tent 10 rest upon the following powerful view,
which we find in The n. Y. Evening Post. II
mus, shake the convictions oi the most hardened
proIeclonst
THE HOME MARkET.-Our correspon-
dent "Free Trade" has sent US the following
communication, which he calls "Tarit Fallacy,
No. =" We print il conspicuously, beca use all
that he says on this subject Is worth attention,
and inasmuch as we have word oil our own 10
add in the same strain:
For THE Evening Post.
"a home market" are words in The mouths OF
all The tariff orators and tariff presses until the
words have become so familiar 10 their ears that
they believe they have some sense and some
meaning But not one Of them could tell what
they mean by ia home market" in It's bearings
on protection, without being ashamed oil using
the meaning as an argument.
II BY IN home market" is meant that most OF
the products Of the soil are used on the Spot
where they are raised, The words have sensible
meaning, and their truth is applicable 10 our own
and almost all other nations. But, il in their ap.
plcation as 10 the tariff they are designed 10
convey The impression that any reasonable in
creased proportion oil the farming products are
consumed in consequence OF the establishments i
cotton and woollen or other manufactures, 1t Is
iaacy so easily reued by facts, that Il becomes
ridiculous in The mouth OF man who lays claim
10 an ounce Of common sense.
The number of persons employed IN these ma
nulaclores could mol consume, toT instance, as
much flour as one county in our State produces
the simple reason is that there are so few oil
them, not enough 10 make more lhan decent
sized village; yet The prolectonisis would make
us believe that manufacturers keep up the price
OF agricultural products.
The truth Of these remarks may be illustrated
by taking The returns Of The State Of Massachu-
SETS as an example Tor The year 1915:
There were then employed in The cotton manu-.
faeIures 20,7l0
And in the woolen factories, including
worsled goods, o,2lo
Add 10 these the calico printers and car
pet wcavers, o,oo:
Also The persons employed in making ma
chlnery, |'ooo
We then have total OF persons, 1881
| The estimate in this country Of The consump-
,ion Of -four is one barrel TO each individual. The
county Of Monroe, in this State, raises one mil
lion Two hundred and fifty thousand bushels OF
wheat annually-equal 10 Two hundred and MY
thousand barrels OF -four, and halt as much as the
highest prciendcr in Massachusetts alleges is Ia
ken By that State for consumption from all other
parts Of the Union.
The same ridiculous prelensions are made in
reference 10 Pennsylvania. Yet The county Of
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