The daily union. [volume] (Washington [D.C.]) 1845-1857, 1846-08-03

IN " saying they were obliged TO have a shirt would
get il for themi So il would be as TO England and
France being obliged o have our cotton. That they
would suffer for the want Of il, and that that want
might possibly revolutionze their governments, ]
can plainly see but that they pay for II is another
thing Say that we load our ships with our cotton,
pork -four, &c, send il to England, and ask her If
she wants IT, She would tell you yes they were
suffering for il; their mills we're stopped, and their
lsborers in a state of starvation and rebellion, and
offered you their cotton manufactures, various man
ufaetures Of wool, iron in oil its varieties, glass
ware, earhenware, and other manufactures that she
has always exchanged for our cotton You would
tell them, No, we had enough at home! You 60 TO
France, and you get the same answer She would
offer you her silk wine, brandy, lace, glass, and
other productions she h always exchanged with
you. Our answer would be the same, that we had
enough home! IL is the duty Of our opponents 20
show US how we arc TO dispose Of this cotton. III
they cannot do it in clear and satisfactory man
ser that every good commoB-sense mind can see
that IL 10 praciicable--ifh does not prove eoncl1-
elusiysy the utter absurdity and humbug Of. your
policy Il al least must prove to every prudent mlnd
that Il would be too hazardous to adopt. IL would,
TO say the least Of IL, be giving up certainty for an
uncertainty,
What shall we do with this cotton, -four, pork,
&c, is the question. Possibly, as you are so hard
pressed, you may venture 10 say, we will take gold
and silver for it, would have no objection, II Il
were practicable; but know that 10 be impossible
| will, however, expose this fallscy ! hold II TO
be an established principle OF commerce, that all
trade between all nations is an exchange OF pro-
ductions That gold add silver is and can only he,
used to pay small balances, unless by such nations
as have mines OF gold and silver, that they make
annually, as we do our cotton and -four, and which
is their annual crop, to exchange for what they
desire, as we now exchange our crops for what we
need. But this cannot be the case with England
and France, for neither have mines Of gold and s[
yer. Their crop is their manufactures They have
Just enough specie TO facilitate the exchange Of pro-
auctions. Let US say she paid 10 specie. Eng
land has about two hundred millions OF gold and
silver currency; France has somewhat more, hav-
ing no small paper money. We sell To England
say fifty millions Of our cotton, pork hour, &c,
and we receive specie In payment. That would re-
duce her circulation N one hundred and fifty mil
lions, or 25 per cent We take them the next crop,
and what price would we get for ~ IL Is admitted
on all hands that the amount Of currency regulates
the price IL would be fair to presume that we would
lose 25 per cent in the crop. But we will pass that
by Say we got another fifty millions: with the ncxt
two crops we should have all. From this time 10
eternity, suppose our whig friends think we should
not want market! So much for the absurdity Of
taking specie in exchange. The most stupid minds
must its utter mpractieabiity. admit, az far as
we trade with Mexico we might take gold and
silver Say for two or three millions we could re-
ceiVe pay in specie, for that is the crop she makes
",
with Russia and some few South Americans, and for
tea and coffee; but all would not amount even t. the
surplus -four export But 10 give tins idea OF
receiving specie in payment: have the best wing
authority for saying that thirty millions is the en-
tire amount of gold and silver annually made
throughout the world-just one, third the amount Of
| our expectation; and II we got all, could sell but
one-third Of our surplus. What shall we do with
this cotton You will admit the planters give
it away. Perhaps, in your desperation, as a derneT
| resort you will tell that will manufacture IT,
That can be done easy enough; but II would only
make the thing worse Instead Of our having one
hundre millions surplus, II would increase TO two
or three hundred millivus, and thoir would DO The
same difficulty. What do with - You
cannot sell it; there Is nothing you can take IN ex-
change Other nations would suffer for its want
but we are not able to buy it. And can any man be
so senseess to suppose tina, these chartered com
panes would buy pound Of our cotton unless they
can sell the goods after they manufactured! No
! not one pound would be sold.
| | contend that nation can be at the same time
| a generally manufacturing, generally agricultural
and a great commercial nation. II Impossible.
| The commerce Of a nation depends on the absence
| of one or the other nation may manufacture q
few leading articles, produce few leading articles
| and be great commercial nation, by having wide
list of exchange; but that is impossible with us. W.
have climate and soil that produces in the highes
perfection almost every agricultural production tina
1
many articles the world desires and would take to
| almost an incalculable amount, if would take
| their manufactures in exchange. 1t appears TO mt
| TO be clear that the moment we succeed in forcing
| ourselves manufacture everything at home, tht
| Carollnas, Georgia. the upands of Alabama, Mis-
siss ppi Texas, and louisiana Arkansas and Zen
| nessee will have to abandon the culture II cotton
| The lowlands of Mississippi and Louisiana would
produce million bales of cotton, which would 10
| as much AZ we could consume and dispose of, fol
our tea coffee, and other articles we cannot make
| Those States would, from necessity raise -four
| corn, pork, beef, lard horses and mules, butter
| cheese, &C.; the very articles they now purchas'
nv millions from the eastern and western States.
| would ask in all seriousness, what would then b
the condition of those States that now find marke
| at the S luth for those articlesl they would fine
/ them competitors instead of consumer lhei
| ruin, it appears to me, would be inevitable.
Wemay be told however, that we shall make nc
surplus as labor will have been taken from agrcul
,ure to manufactures and the operatives will hav
become consumers instead of producers. Let vi
examine this, and see whether it be true or not.
| 1t will be acknowledged if we import and expor
nothing, that fifteen thousand vessels will b'
| destroyed 1t will throw one hundred and eighty
thousand sailors, all the timbergetters, shlpbuild
ers, riggers. caulkers, oiners sallmakers, rope
| makers, tar-geters, hemp-groWers, importers ant
| exporters, and those connected with those inter
ests, out of employment. Now, to settle thu
question, Woulu ask " tnO9e whose employment
| you have broken up would be sufficient force tt
do the manufacturing Yes, they would be NOR
than enough. This | prove beyond cavil o
doubt, by the facts furnished by the protectonist
themselves will read from this pamphlet, enti,Ie
| The Tariff: a Tract for the Times by Citizen 0
Virginia" prepared by the order of the Hon. Wi
lis Green, chairman Of the Executive Committee O
wing members Of Congress. This document wa
ranked by the Hon. Alexander Barrow, now viii
senator from Louisiana. | cnll the attention Of tn
farmer TO this as his veal depends on the act
Element of this question. This is what this viii
document states. 1t says:
Great Britain with population OF wentyfou millions
employ her manufactures five hundred thousand oper
lives who by aid of machinery exert the power an
perform the work Of hundred million Of men laborn
with their own unaded efforts This power IL considere
sufficient supply manufactures for the whole world BI
the condition Of the operatives is that Of the yerest slave
the face of the earth they labor sixteen hours day
eight ten cents and at night lie down on straw bed
dirt floor"
Now would ask our good wing friends, VIII
cry out so loudly about their home market, and al
so expert at figuring, particularly for the benefit
the honest wing farmer, who has been deceived int
a belief that il really enlarged his market by mnnu
| r. q tak 6ueh