The Charlotte journal. [volume] (Charlotte, N.C.) 1835-1851, 1846-05-15

ltES worm Oh foreign iron, and ITS manUiac-
lures, mostly from Great Britain, four. fifths
IF The value Of which, as every practical
nan know, consisted Of agricultural pro.
duce- nothing else. Iron ls made of ore
and coal and vhat is the ore and coal bu.
RED 10 your mountains worth Nothing
nothing at all, unused. What gives il
value The labor Of hotscs, oxen, mules,
! and men. Aud what sustained this labor
bot corn and oats, hay and straw for the
one, aud bread and meat and vegetables Of
every kind for the other. These anricul.
tural products were purchased and consu.
tiied, and this made up nearly the whole
price Of the iron which the manufacturer
received and pad over 10 the farmers again
and again, as often as the process vas re.
peaicd. We'll, 10 not iron nude ia Eng.
land oil tho Same materials that Il is made
Of here Certainly ,ken is not four fifths
Of the value Of British iron made up Of Brit.
lsh agricultural produce Aud If we put.
chase nine millions Of dollars worth Of Bin.
ish iron year, do We mol pay six or seven
millions Of this sum for tho produce Of Brit
ish iarmeEs-gruin, hay, grass, bread,
meat, nn1 other proYislCus for man and
6easi-sent here for sale 10 the form Of
lroo lie put /. TO the gentleman from
Virginia (Mr. Bayly) to say if this ives not
true to the letter. lie challenged him 10
deny II, or dsproVe il if be could. The
gen'Ieman's plan was TO break down these
great and growing maskels for or own far.
mers, and give our markets to the British
aud yet he Professed to be q friend to A.
netIcan farmers From such friends
good Lord deliver them - One remark
more on his topic. Secretary Walker in.
forms Us thai the present duty on iron is rs
per cent, which he proposes to reduce 10
~ per cont, 10 increase the revenue. To
do this, mus. be not then double the i'm
ports Of ironi Clearly he must Then we
must add 10 or II millions per year TO our
present imports Of iron, and of course de.
5iIoy that amount Of our domestic supply 10
make room for II. Thus, NJ blow, 10 the !
single article Of iron, this bill is attended 10 |
destroy the American markets for ct leas,
eight millions Of dollars worth Of domestic
agricultural produce 10 be supplied from |
broad and tins Is the Amerlcan--nu The
Britisb-system Of policy which Is nov at. |
tempted 10 be imposed upon this country by
ihis Brltish.hdtisR Administration! Let
hem DO It, and IN less than lgo years there
will not be q specie paying bank in The !
The people and the Treasury |
vii be again bankrupt, and the scenes and |
'uferings Of 1910 will return and with il,
IS q necessary consequence, The political
evolutlons Of that period.
Nh LEAKE said, cotton end tobacco
we're agricultural products
Mr.. STEWART certainly; but there are
'ther interests 10 this country worth look.
ng after aud preserving besides cotton and
obacco. Bat, no doubt, the gentleman
oncurs With Mr.. Secretary Walker, who
ellis US, 10 HE free trade report, which has
0 delighted England, and 10 wonder it has,
Or he there says We must take more Brit.
sh goods, because, If We do not, England
must pay for our 6re0datnss" 10 specie,
nd mot hdring IL to spare, she will bring
Town TO even q greater exlcnt the price Of
Er cotton" Yes, our coIion"-there is
no rub. The North aud West must qui.
york, sell nothing, aud bring every thing
rom England, aud send them our specie as
'ng as II lasts, SO that England may have
specie 90 spare for Southern cutton--
lai's the plau thus openly and boldly pro. I
lalmed by the Secretary aud his followers. {
Ne Of lie North and West mus, send our
asl dollar 10 England 10 buy breed and
neat, and grass and grain, 10 the form Of
ron aud Cloth, TO increase the price Of our
ot!on." We must be "besers Of wood
I'D drawors Of water" for Great Britain
auPeTs, slaves, aud beggsrs, thai England .
1sy have "sPecie TO spare" for Southern |
otlon. This is the uudisgused policy and I
urPose of the Treasury Report. But Mr..
teYart would say 10 these Southern gen.
emen DON'T be afraid. You will have
our cotton market still. England mus,
ave your co.iou--she can't do without it {
I present. But beware; the time may I
ONE when England would no. want our @
o"aH," and the South, in turn, would cry G
Ut for protection. But the gentleman con. q
the West with the prospect of i
o early repeal Of the corn laws. But, 10 c
is opinion, if the corn laws wore repealed, !
re people Of the West would scarcely ge, !
bushel Of their grsin into England on any ]
rms.
MIR. BAYLY. Do you mean Wha, YOU say, $
laI not one bushel will go therell
Mr. STEWART. will answer the gentle. :
ian, by giving him Lord Ashburton's G
'eech IN the House of Lords o few Days n
go lie states that nine -tenlhs Of the grain y
ow imported in Great Britain is supplied /
ON the north Of Europe, although they pay a
tax Of fifteen shillings the Q1urler; while II
las from Canada and the United States. O.
ssslng through Canada, pays but four shil. C
ngs. Repeal the duty Of fifteen shIIIpgs, Il
I'D will they not supply the whole ! Most C
eatly they viii. The fact is notorious, tina, 3,
lost Of our grain and flour now goes to Eug II
md through her colonial ports, and at colo v
lal duties, thus evading The operation Of the d
orn laws, while the grain and -four from the O
orth Of Europe must always pay the high. !
81 duties imposed by the corn laws. Hence d