Richmond daily Whig. [volume] (Richmond, Va.) 1842-1861, 1846-08-24
American Produce i'm England.

One nf the ascious Arguments resorcd to by the
opoonents of the Protective System and at the time
one Of the most influential is the tendency Of wha, they
are pleased By apabo misnOmer call the Free Trade
policy to the planter and farmer better prices in
foreign market for their produce, than they would other
wise obtain Two Of the members OF Congress from his
s,,te-Mr Hunter and Mr.. Hubbard, with the latter OF
whom it seems have become fixed ides--oxpstaied
nj great length this assumption in their advocacy Of the
Fxperinentsl Tariff Of the Administration. But THAR
owS FIGURES, carefully analysed actually reuie the Posi
ton 10 sustain which they arranged in formidable tables
and aanked by whole columns Of soPhsnea deductions
IL wac our duty another place. more than ago
10 review and expose the decepveness OF this assumption
IN repv 10 one Of the gentlemen above rsteed and in
doing so we used only the weapons furnished by himself
They were entirely sufficient TO overthrow both his pre-
misses and conclusions When have more leisure for the
TASK we may repeat the operaon-unless indeed shall be
rendered work OF suPererpgaton by the daiy pTiess
current under the system. which, we have too much
reason TO apprehend will furnish reply entirely con
elusive as To supersede its necessity, by the painful con-
ycuon which will bring home the minds Of the sgri-
cultural portion Of our fellow through that most
sensitive Of all the condus TO the brain-THE POCKET
NERVE At present content ourselves with single OBJ
Ieaon this pon, suggested by the admirable speech Of
Mr. Toombs OF Ga. who dspases IN very summary and
triumphant manner OF Mr.. Hunters stemPt to show by
statistical tables that the price of cotton, during the ten
yens OF the existence Of the Compromise Act was upon
the average about FIVE higher than since the
1912 1.-The fact [sad Mr.. Toombsl might be without
in any degree sustaining his theory but there is Of
facts disclosed by HE tables utterly inconsistent and
with il. The tables which the gentleman refers
Ihey are accurate, wall show him that during the first five
years o. the Compromise Act when the duties upon inn
ports highest, the price Of cotton fully
five higher than during the last five years (hon they
were owest) II his theory the result would
have been just the comparison Of the FIRST
three of the three years Of the operation of that
bill will show the results Il is also true, unfortu-
naely for the gentemans thsoy that cotton lower
during the year Of the Compromise Act when the du
W was lowest hsn any other period during its exist
ence." Mr.. Toombs then goes TO show what the
irus cause Of the high price of period and Of
the low price at anOher-s which obvious every
other man except Free Trader" who has but
Tnedy for every dsoSse-depeton High prices have al
ways been cotemporansous with short crops and low P
with suporabundint supply and this is just app
cable to breadstuHs and tobacco it is TO We
nothing than the very tables Of figures cited by
Mr Hunter and Mr.. Hubbard show that the prices Of
agricultural sisples have fucuaod with the vAra
non ia the scale Of duties upon foreign fabrics
The effect Of the reduction Of the British duty upon
bresd.s'us too. will be very different from that which
has been 90 singuinsly anticipated The last commercin
sdces from Liverpool furnish with the average price.
f wheat from the Doth Of June the 25lh July, showing
steady decline in the face Of another threatened
Joss Of the Potato crop in Ireland. We subjon it;