Bloomington herald. [volume] (Bloomington, I. T. [Iowa]) 1840-1849, 1846-12-04
THE POLICY OF THE COUNTRY

try j: extending, as it does, from the sho'e' u ~
,sr,;c westward to the Placid waters ofthc Facihc
md from the great Lakes of the north 10 Inc ou'' ..
Mex;co m The south: embracing every variety OF
climate oe soil, and washed by the most ma9nhceh'
x;,o~s nerh,ps on the globe and those rivers with
their tributaries furnishing unboundeo facilities 'o
water powers, together with Navigation through al
most every part of the countfy-the ques'lo" na,,
r,a,,v arsesor what did nature seeni TO intend all
,bis1 Some Of our political economists are dispoS'
81 10 reDIv-for an agricultural country. o'iiefS
and we believe more justly--contend that I" -
undoubtedly designed for varied industry fof Vaeo
n,oductons, for that interchange OF commou'''e'
which shall furnish every man, woman ana Chilli
every family and ncighborhood, wilh as near as may
he al1hey may need for their comfort ARRANGEMENTS
prosperity and progress, at their own DOORS TIC
position Of The former is correct ii is better TO nave
foreign market, market away across the Ocea'''
than home market. Let us consider, Tor mo-
men,. the truthluIness Of this position. Suppose,
far The sake of giving this side all the benefit OF the
ARGUMENT that the agricu,urst can buy Lis cloth at
less price per yard calico at two Or three cents
a ward cheaper-cloh at one dollar less, common
faciory-cotton shifting or shce'lns-at three cents
less per yard than he could ola manufacturer al his
own door Now he may need f!ty-or one nun
!red and fifty yards Of Calico and at three cents per
yard it would amount-onc hundred and lilly yards
TO four dollars and fifty cents. Cloth at one dol
lar yard-say, if broad cloth twenty yards--a
larre eslna.e-would be twenty dollars less. Cot
ton shiriae or sheeng at three cents yard-hily
vor1s-wou'l make difference of one dollar and
fifty GEMS.
Foreign less than domestic cotton Sl,5o
" 8 cloth 5000
8. i" calico $50
Total in favor of foreign goods 5000
Now suppose that the farmer grows five hundred
bushels Of wheat, worth in London or Liverpool
one dollar and fifty cents bushcl. 1t will cost, at
the lowest estimate, scvcnylve cents per bushe to
get his wheat to the Liverpool or London market
leaving him seyenty.Gve cents bushe melt at
home.
500 bushels at IS cents per bushel $3.50.
The above calculation is all in favor olihe foreign
advocates, and hundred per cent above the pri-
ces. Now suppose VIC had at our own doors suf-
fcien mechanical and manufacturing population to
consume the surplus production of wheat, we might
saf 1. J
muni-sheri crops OF abundant would Of course vary
the price.
Minimum price of wheat $500, 500 bushels
$500. Now take the foreign nett price as above
s375, and add thereto the gain on goods $40. BY
the foreign market the farnler las S40l. Advan.
tage of the domestic market over the foreign 500
Here i; gained by home market ninety mine DOL
lars TO Tic farmer on the single article Of wheat and
the difference about iis--ccrainly large enough
proportion of goods that the farmer might con.
sumo.
In the above estimate we have made no account
ofhe potatoes, turnips. parsnips, and many other
roots which viii never bear transportation far from
home. and which would, and does, enter largely into
the consumption Of a mechanical and manufacturing
population nor have we said anything of pork
which in a condition of home consumption always
bears better priee,-as well as vegeab!es-.han
when the farmer has 10 bear the expense of extend
cd transportation. Now, to US, it is clearly for the
interests the country to foster home manufacto-
rles IN order 10 obtain good and constant market.
Let every one who feels an interest in this crea,
question, pause, and ccnsilcr-rcfect. If our far
mers had Stable and constant home market they
would always feel perfect security in making all
neediul improvements for their comfort and have no
fear In case Of an abundant or short crop, but that
they could obtain olerable remuneration for their
labor.
Then, again, In season Of scarcity abroad, for.
eign demand would be entirely in their ravor-for
in addition to fair price ct home they would be
the gamers in the amount OF that demaAd, and the
competition consequent thereon.
But, this is not all. The fostering Of home mar
ke.s, in the way Of raaEaactoles Las always had the
tendency Of eheapenng all kinds of goods they need
for their own consumption and comfort Does any
ono suppose that, if our home manufactures had
never been sustained that nails iron, cotton goods
cacoes or cloths would have been as cheap as they
now are! Certainly not. The competition be-
tween the home and foreign supplies are altogether
for the benefit of the mass Of the people.
Clearly then, the true policy Of this country is, to
not only use the soil but the water power, the min
cral wealth and all the unbounded resources Incl.
dentto such variety of Climate, and produciion-
Nature has been most bountitul-et The neon,e be
wise in their generation and by the blessings Of
Providence they will prosper.
A CARp-To those presses, in our infant State
and out, that have noticed us favorably. we re,,,n
our sincere thanks. Tomeet the approval of friends
and receive VOID of kindness and encourao ment