The State guard. [volume] (Wetumpka, Ala.) 1847-18??, 1847-07-20


Inc MoiId. win tie cheapest and best
me- material 10 clothe The world, with
an annually augmenting manufacture OF
tha; material. threatening by the actual
results of The pfesen year, al period
rot very distant TO exceed the amount
manufactured by England herself, and
{ with a Material Of food; ehichi 10 Gods
! Province, seems destined 10 feed the
wol Id, nothing but the absolute commer>
cial siagna,ion, which it is the purpose
Of restrictions on trade TO create, can
arrest that current Of favorable exchan.
ges which from every quarter is already
turned towards this COUNTY,.
The prosperity of your ciiy is but an
exponent of tile commercial prosperity
of the country, and therefore no portion
OF the Uni n is more interested in this
consummalion than N York itself. The
results of very partially relaxing the
interests on foreign commerce are all
ready visible in your docks, your
wharves, your streets in fact every
branch Of your industry as well as COM
merge and yet that prosperity is bot
consequence of corresp onding pros.
perhy impaired to the country. The
commercial health or disease OF The
! system is NJ once indicated by The pulse
of this country.
With so many reasons for congratu.
laiing ourselves on The results of very
partial relaxation of The rigor of the
restrictive system, have we not more
abundant cause TO congratulate our OPP
ponenls that the predictions Of the con.
sequences have most signalIy failed p
While our eign commerce and navi-
CATION have been greatly augmented,
where are the disasters of that unfayor
able stale of foreign and domestic ex,
change, which were forelold as the
means of driving lhr precious metals
from our shores2 In the face of in
creased imporlaiions of foreign goods,
large amounts Of specie have 3sen
brought INTO The country 10 balance our
heavy exports, and still the rates of 10.
reign exchange are in our favor.
With diminished duties we have an
increased revenue, greatly so, and If We
estimate The amount in bond 10 the ware
houses, and promising a much higher
Incl ease for the pext six months. Our
much denounced system of ad valorem,
is quietly perfor ming all The purposes OF
safe collection Of The revenue. and in
the meantime, our manufactures are still
yielding heavy dividends their number
and capital are daily increasing and
With an ability 10 maintain competition
at home. their power OF competing 10
the markets of the world has heen in
creased 10 the prices extent that every
reduction of duties chnspens produce
lion. With this view, SIR Robert Peel.
few years since esspned the dsiies in
Eng and, for the avowed purpose OF en-
abling the heavily taxed manufacturers
oil that country to produce a cheaper
rae on those articles which were To-
MET competition in foreign markets -
cIsgh taxes whether Of impcsts or en-
tiees, necessarily increase the cost of
producing all articles of domestic growth,
and are like he-ivy shoes on the feel, q
dra w5ack in the race of competition a.
broad.
Bu', gentlemen, as friends of free
trade, We have abundant cause 10 re-.
loce, that even its partial adoption is not
confined 10 This country. England has
gone much in advance Of our progress
towards perfect commercial freedon.-
Already her example seems 10 be con-
raaious throughout all Europe. The
s,ons of relaxation apparen, in so MANY
onar.ers. are not to be mistaken. The
times are emioently propi,ious. Indian
corn. as well IS American vhea,. p,o-
misses like cotton. TO become stapte
with which the world cannot dispense.
l. is perhaps, one of the ordinations Of
Providence, ,ha, through the dreadful
courae of famine. nations sboud br
Taught their commercial denendence IN.
each other; and ina, the establishment
of free and un,ps,rc,ed ,,ado ,h,euyb-
out the world should be- the advent Of a
more perfect berry. a higher c,yl,za,.
ron. ant brigbte, destiny for mankind
Commerce viii be as she has heen The.
,,. ,..s.