Indiana State sentinel., 1847-12-16

OF There is truth, wisdom, and sound statesman
like views in the following article from the Philade
phia Ledger Though short. it is pointed and com
prebensve, and affords more matter for reflection
than can be found in forty of such speeches as Mr..
Cay's at Lexington:
Our True PoLICY.-We ought to profit by the ex-
perIence of England And should do So, if our
merchants more like statesmen. looking for
ward to national interests through generations, and
less like shop-keepers, considering only the bargain
before them; and if our politicians also were
like statesmen, regarding nations the growth of
ages, and less like partisans, intent only the
election, and their personal benefit involved in
IT. The majority OF our public servants, and nearly,
IT not exclusively all our partisan editors, shop
keepers in politics. They look no; beyond the gains
of the present bargain, the business of the day. Eng
land grew rich by a suicidal system of monopoly
through force through restraint home and conquest
abroad. As this system like every other system of
slavery, the seeds of dissolution
hausts its vitality, England has become poor.
She has lived like Gfunkard. who derives unusual
strength and activity from his dram, but who
hausts himself prematurely by the process. She has
begun to run down, and will 90 rapidly, till she
reaches the lowest depths consistent with her natural
elements of prosperity She will then sign the pledge,
begin again on Il small scale. live soberly aud thrive
moderately. The sceptre will depart from Judah.
though not from the chosen people. The power of
the Ango-Saxon will be transferred from the British
Islands, to the United States aud Austra Asia
England has begun to run down, because she rose
upon artificial system. She became great in man
ufactures, without producing materials. She
transferred people from the soil the workshop and
monopolized land for the Injuries of arstocracy till
her agriculture could not furnish her own bread,
and she is driven to seek 1t abroad. She monopolized
the coin of the world by balances in trade, and she
created these balances by melting other nations to
war; for the purpose Of supplying them with those
manufactures which should have been furnished by
their own peaceful industry. Burdened with the
debts of her own wars impovershing and alternating
her colonies by oppression, losing her foreign mar
kes by the return of peace, driving away her coin by
credit and paper money, restraining agriculture by
monopolies in land and compelled to buy bread to
feed overstocked population of artisans in England,
and pauper peasantry In Ireland she finds that her
system has been suicidal.
| Let us profit by her example; let avoid her er-
rors. Let us forbid monopolies in land; for
try can be prosperous long, in which the cutivator is
not the of the soil. All systems of tenantry
systems Of slavery aught with the seeds of their
own dissolution. Let US forbid her monOpOlies in
trade, founded in force fraud Let enter into
free competition with all the world and let u.s. like
the French, command lis markets by the essential su-
periority of our wares, and not like the English,
attempt to obtain them by diminishing qualities while
retaining appearances, by counterfetng the marks
OF other nations who manufacture more honestly.
Let Us Danish paper money and paper credit, and
thus avoid those English pests high prices at home,
expansions, cOntractions revulsions, bankruptcies
and stagnaon, as detrimental to morals as they are
to pockets.
We possess three elements of prosperity sufficient,
for long years, TO render Europe our commercial
tributaries. We have the of the South. and
the flour and provisions of the Middle and West and
we have the maritime elements of New England to
insure their transportation and that of their
Another element of prosperity is within our reach
though shall probably be prevented from securing
it by the short-sightcd folly of political shop
keepers. We Nigh and ought to the mines o.
! Mexico. And then, with food. clothing, and cash
feeding the artisans of Europe while we supplied
them with wool and cotton, the raw material o
clothing, and commanding the universal medium o
exchange, might attain and keep degree o
prosperity unknown In the annals of other nations
But the shop-keepng politicians will say that these
mines ruined Spain. They did SO because Spair
abandoned her soil and her shops, to dig gold ant
silver, and became poor under high prices; the very
process through which England is passing, using pa
per for expansion instead of coin. Had Spain adher
ed to her agriculture and manufactures and dcOnveret
her colonies into allies instead of dependents sh,
would still have been the most prosperous and power
ful nation of Europe. But how shall we obtain thes
mines BY redeeming and regenerating Mexico
from anarchy to good government, from militarl
despotism to freedom, by conquest and annexation.