The Charlotte journal. [volume] (Charlotte, N.C.) 1835-1851, 1848-11-17
Prom tho Daily News.

OUR DEPENDENCE UPON ENGLAND /
BECOMING GREATER AND GREATER.
Those of our readers who have followed
US 10 our views Of the true policy OF the
United States, must have come to the con.
clusion that we have long since iei' tha'
the measures pursued by the Locoioco
party were gradually tending to produce
state Of things tina, would render US more
and more dependen, upon England. The
wre,ched policy which, to catch by name
they would render popular, they have
falsely called Free Trade" and which
they have adopted without seeing its effects.
has partially broken up, and IS fast break.
ing up still further the grea, foundations oil
our prosperity.
A couGtry to be really independent,
must rest upon its home resources u must
take hold Of the advantages which lis
natural endowments, its skill, ITS genus
and its industry, offer for the well.being
and social advancement Of It's people. we
shall not now stop 10 urge what TO every
rational mind is a self.eyident truth. NO
country, however rich its soil and pfoduc-
live its harvests, can look to foreign
maj ket for lis agriculture 10 sustain u, IN
the present march Of improvement. The
great market OF agricultural products must
be al home. Ii must resort TO its mineral
treasures, and It's power over the useful
arts, or il will become not only tributary,
bu, more or less dependent upon countries
profling BY every means IN their power TO
create articles of condensed value Tor ex
change with other nations.
We Of this country, ha,c not been back
ward to see and TO feel all this; and eoesa'
with the fist Congress commenced to ios
ter our manufactures--and with more OF
less legislation have continued this wise
policy. Tic Democratic party, com
menced It,. What was IN the early days
of the republic called the Federal party
, opposed Il. Its history is too well know
to require that we SIN uld waste our space
by ollrring evidence 10 subsianta,e th'
facts as here stated. Nor can We COW q
into the change that has taken place, " hei
. new party has grown up among US cal'inl
themselves Democrats, Who Yiniate even
principle that gave rise TO the Drmocr1ti
party. Oar readers too well know ID
truth OF these assertions, nnd that fro'ec
!, ton was The wa:ehword Of the Drnocraii
c party.
5 We make this little DEPRESSION from oi
purpose to show our dependence upon Gfcs
Britain, that we may not be accused {
anti Democratic doctrine, when We 50
that the Lacofoco party have acted, al
= still purpose TO oct upon principles thol Of
daily rendering US more aud more dePei
dent upon England.
C Look al what IS nov gong on, and /
IS every inteliigen. man determine for h,n
:. self. This 50 called Free Trade has glu
ted The country with British goods to sue
an extent that our home industry is near
a att stand. A loan has been taken By pc
=, sons unable to comply with It's CONDITION
;" The money market at home cannot be
II. The loan has alteady fallen below Il
price at which IT was taken, and the "a
at crument brokers who nomibaliy took
III not being able To realize II at m a6yanc
have been obliged to 20 TO England to {
feet a sale there. which cannot be ma
- nt home. Mr.. Walker has been oblg
lie to Jissorge $500 900 specie from the 50
treasury lest the lighincss Of The mon
market caused by the so called Fl
-, Trade, 10 the suspension Of our ladusir
- pursuits, should make general blow
before Mr.. Corcorau's return, and Il
grea, country With iaiernnl resources s.
iiclen, for five times such a loan, if its hot
ISIS pursuits were fostered, - KEEP, shiseri
and shaking, IN all lis financial ala
in, waiting to hear from broker who
ne gone TO England =
49,, .-.- - >-,,