The northern galaxy. [volume] (Middlebury, Vt.) 1844-1848, 1846-05-05

4 :
mostly the production of sheep feeding on the
grass and grain of Great Britain, while our
wool is worthless, for want of market; and
this is the policy the gentleman recommends
to American farmers. Yes, sir; aud the gen
tleman IS not satisfied with fire millions but
wishes 10 increase 1t 10 ten millions wear for
foreign wool. Will the gentleman deny this
He dare not. He has declared for MIR. Walk
er's bill, reducing the duties on woollens
yearly One-half, with view to increase the
revenue; Of course, the Imports must be
doubled, making the import of cloth twenty
millions Instead of five millions OF dollars per
annum.
This was the gentleman's plan TO favor the
farmers, British farmers, by giving them the
AniericaR market. His plan was to buy every
thing sell nothing, and get rich. "a laugh
What was true as to cloth was equally true
rs TO everything else. Take hat, pair OF
shoes a yard Of silk or lace. analyze it, re-
solve it into its constituent elements, and you
will find that the raw material, and the sub
stance of labOt, and other agricultural pro-
ducts, constituted more than one-half lis en-
tire value. The pauper labor Of Europe
employed in manufacturing si'k and lace got
what IT eat, no more; and this is what you pay
for when you purchase their goods. Break up
your home manufactures and home markets.
import everything you eat and drink and wear,
for the beReft Of The farmers. Oh, what friends
these gentlemen are to The farmers and me-
chanics and laborerS OF this country 10. sir.
[ am wrong of Great Britain.
Now, ask whether wool is not, in the
s'rictest sense, an agricultural production &?
And If we import ten millions in cloth, is not
five millions of that sum, paid for the wool
alone, product of British farmers! As Il
still stronger Illustration Of his argument, Mr..
). referred 10 the article of iron. Last year
according TO Mr.. Walkers Report we inpor-
ted S9,043, 396 worth Of foreign iron, and its
manufactures. mostly from Great Britain,
four-filihs of the value of which, as every
practical man knew, consisted of agricultural
produce nothing else. Iron is made of ore
and coal, and what is the ore aud coal buried
in our mountains worth NoihiDg-noIhiuS
at all unused. What gives it valuel The
labor of horses, oxen, mules, and men. And
what sustained this labor but corn and oats,
hay aud straw for the one. and bread and
meat and vegetables of every kind for tic
other. These agricultural products were
purchased and consumed, and this made up
nearly the whole price of the iron hich the
manufacturer received and paid over 10 the
farmers again and again, as often as the pro
cess was repeated. Well, is not iron made in
England OF the same materials that it is made
of here Certainly then is not four flIhs of
the value of British iron made up Of British
agricultural produce AND il we pr rchase nine
millions of dollars worth of British iron =
year, do we not pay six or seven millions Of
this sum for the produce of British farmers
grain, hay, grass, bread meat, and other pro-
visions for man and beast sent here for sale in
the form ofiron? He put it to'lhe gentleman
from VIrginin (Mr. Bayly) TO say if this was
not true 10 the letter. He caIIenged him 10
deny it, or disprove ii il lie &C ulI. The gen
| lleman's plan was TO break down these greai
growing markets of our farmers y From
such friends good Lord deliver them p One
remark more OH this topic. Secretary Walk
or informs ST the present duty oil IRONS IS pes
cent, which he proposes TO reduce 10 80 per
cent, 10 increase The rereHue. To do this
must he not double the imports on iron
Clearly he must Then we must add ten or
twelve millions per year 10 our present i'm
ports OF iron, and of course destroy that a.
mount Of our domestic supply TO make room
for it. Thus, nj blow, in The single article
oil iron, this bill is intended 10 destroy the A
merican markets for al least eight millions OF
| Il.
duce 10 be supplied from a broad; and this
Is the American-nol the Britisk-sys stem OF
| policy which is now attempted to be impos
ed upon this country by this b i.ish hating
administration Let them do il and in less
than two years there will not be o spccie-pay
ing bank in the country. The people and
The Treasury will be again bankrupt and
the scenes and sufierings Of 1910 will return;
and with ii, as IL necessary consequence, the
political revolutions Of that period
Mr.. LEAKE said, cotton and tobacco were
agricultural products.1
| Mr. 5. certainy but there are othermtrr-
ests i'll this country worth looking after aud
preserving besides cotton and tobacco. But
no doubt, The gentleman concuis with Mr.
Secretary Walker, " ho tells us, in his free
trade report, which has so delighie England,
and no wonder it has, for be there says we
must take more British goods, because, If we
do not, England must pay for our bread
stnGS'' in specie, and not hdUiag IL 10 spare,
she will bring down even to a greater extent
The price of our cotton Yes, our cotton
there is the rub. The North and the Wesl
must quit work, sell nothing, and bring every
thing from England, and send them our Spc-
cle as long as 1t lasts, so that England may
have specie to spare for Southern cotton
that's the plan thus openly and boldly pro-
claimed by the Secretary and his followers.
We Of the North and West must send our
last dollar to England 10 buy bread and meat
and grass and grain, in the form Of iron and
cloth, to increase the price of our eotiOn-
We must be 'iewers Of wood and drawers
Of water for Great Briran-paupers, slaves.
aud beggars, tina, England may have specie |
to spare for Southern cotton. This is the !
undisguised policy and purpose Of the Treas
nry Report. But Mr. S. would say to these
Southern gentlemen: Don't be afraid. You
will have your cotton market still. England !
must have your cotton-she cau't do without
it at present But beware; the time may
come when England would not want our
cotton and the South, in turn, would cry
out for protection. But the gentleman con-
graduates The West with the prospect Of an
early repeal of the corn laws. But, in his
opinion, if the corn laws were repealed, the |
people Of the West would scarcely get a bush
ell Of their grain into England on any terms.
Mr.. BATLY. Do you mean what you