Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1847-07-30

surplus al home, prices must necessarily nc low"
We find The above extraordinary stntence al
the end Of an article in The Wing Predericks-
burg News, attempting 10 expose she numbus Of
free trade" This little sentence. which must
have escapcd The writer urwillingly gives up
the whole question Of "pIoeclion." Nhat has
become of the boas,ed blessings Of a "home
markell" if, from wan: CT ''dcmsnd abroad, y
the surplus ii agricultural products gluts the
"home market" and prices unjust necessarily be
low? % These truths, The frenGs OF free trade
have invariably maintained and, 10 avoid the
evil, they have established measured which,
while they actually increased The maikd al home,
would encourage and extend the ''dcmand
abroad and open a wide field for ID. surplus
of The farmers productions But y, Rev York
Evening Post Of the 2lsI June presents This point
in The most lucid and conclusive manner
AN OLD ABsURDirY REvIvED.-An error with
an interest attached 10 il, whether he interest he
political or personal. is prodisioudy loDg-lived
The cat in The old adage, which c'uld bear Kill
ing nine times was nelhing 10 it, il rises again
With twenty mortal murders on Is crown,
and often even the twentieth doesno, finish il;
the error is revived from lime 10 tire as loIg as
the interest lasls
The old nonsense about home-MaIke', for ex-
annie which in all reason should have been
| dead months ago, has again made rs appearance
| in the Wing and pro,cclonst journals. The
pretext for reviving il is the rccen decline in the
price OF wheat and breadslutls generally. "You
now see your folly" say The wing journals 10 The
people, Gin desiring a foreign market. How
much better would il have been 10 create mar
kel al home and secure Steady prizes"
Bul do mol these persons see that by The new
impulse given 10 our commerce under lcer
system Of uadc we have been c'ealing home
market for American produce, am most exlen-
sive one for several months past2 What have
all The bcaimen on our rivers, The forwarders on
our canals, the persons employed on our rail
WAYS, The seamen who man our VESSELS, Inc bull
dcrs oil boats and ships and steamers, been doing
since the new activity Of trade began This
vast multitude have been consuming The grain
and The beef raised By The American farmer
Add 10 these the inhabitants oi cur commercial
seaporls, rapidly increasing in populations; add
The inhabitants Of our towns on tic lakes and the
interior springing up under he new impulse CIV
en- 10 commerce; add The hungry swarms whom
cur ships are bringing over from Europe, ard
you have a home market for The products q
American farms, lar larger and wider than could
be created by all the manufacturers filled with
machinery which The slrclesl application ot The
protective system coulG force into existence
Il should not be forgotten, however, that in the
mean time our manufacturing establishments
have been as active rs ever, and thai even new
ones have spInrg up in almost every par; OF the
Union
Let il mol I've pretended, them that under The
bot tfNr
The fruits oil The earth. By no means we keep
The home market; We enlarge il, and we add "a
il the market Of The world II is The shallowcs, OF
prelences 10 say that we can have home market
for cur farmers only by granting eSortilant ad-
vanages 10 the owners Of mills. as long as we
have an active population, weil-cmployed aud
well.paid we possess the best home marker that
il is possible 10 have. Such population pur-
chases Tie most and consumes lie most.
But these journalists inyeigh against foreign
market. We answer lha, but Tor The opening OF
the foreign markets, The wheat o. The western Tar
mers would sill have remainot in their srana-
r:es. II ilbe misfortune thai &c settlers OF Hi
nois and Iowa and Wisconsin haze been able 10
part with The produce of their hnds FIR prices
which in any degree reward lhei labor, then We
admit that one mischievous consequence Of Tree
trade is proved. Had lhey been obliged 10 wait
for home market, their harvestswould have rot
ted on their hands.
Neither is fluc,uaion in price ne Of Ike results
Of being allowed access 10 !csisn market
On The contrary, il is The opportunity OF dispos-
ins oil our surplus produce ABROAD iha, keeps The
market slcadiest al home. II is we'll establish
ed commercial maxim, that the WIDER the market
the less danger of sudden and 0lrcme luclua-
lion in prices. If they who rise wheat and
maize in this country are confind 10 the United
States Tor market, they will obiiin large prices
when their crops arc SMALL bur, rhcn he crops
are abundant, prices will Immediately decline,
and the farmer who lives remote fpm The market
will often find, as was The case ull.r The Tariff OF
1872 that his wheat will moi pay ne cost OF send
ing il 10 market.
Give them the market Of the world, and what
will be The result? More wheat will be raised
when the crop is small it will suffice for The con-
sumption o! The nation, AT reasonable prices, and
when il is large, the surplus will ,e taken of 10
foreign countries, and the price home will be
such rs 10 repay the liller OF The sdl. Two evils
will he avoided in greater degree than would
be possible in mere home marka- occasional
scarcity and occasional excessive Production.
As 10 the decline in The prcecf breadsnffs
which has recently taken place. is owing 10
causes which, whether The marketbe al home or
abroad, narrow or wide, canncl Wholly be avoid
cd. They are causes, however, Which produce
worse effect Inc more limited the market.