New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1848-09-13

from the Losi5n F1rr1s Masl.us tor the years so
-.
i-i6-Asgresste average OF six weeks.
from April 10 % May l5..........56s per Or
lsi7-irom April 10 20 May IS ...-....7ss 81 per Or
l,i--rom April 10 % May l5-.-...... as "a per a.
lrib-rom May II 20 June l1.-.......53. III per Or.
l-fl-irom May Is 20 June ecls "a per qr
i-i--irom May - 10 June l9-.-..- 80 Ia per or.
/ l-47-July l7......................... per or
l'rsS-Ju's N----- 70 % per Or
Thus AT must ysrceive how utterly tslscioQs was
the reliance upCn<e effects of the repeal OF the Corn
Laws. The same causes continue to influence the
market IN England now that controlled IL before. and
you have the standard s'esdiness and stability
IN that market that you always have had-the stead.
ness OF wind and storm and the stability OF sunshine
The old system OF gambling called speculation will
continue 20 have the same smen in the violent alter.
nations Of prices and the same succession OF degsve
hope and OF real bankruptcy and ruin viii follow
rivals OF steamers and packets precisely they did
Tor wears and years previous TO toe repeal OF the Corn
Laws. The farmer will. heretofore. be stimulated
by temporary high prices 10 plant excessive crops and
will reap disappointment
After this discussion which fear has wearied YOU
feel that little more need be said 20 show how utterly
aacious l. the idea that We should expand and extend
the cultivation OF our soil Ia reliance upon foreign
/ european market n purchase and consume It's pro
ducts. OF course. you understand me a. speaking
throughout OF broadstus and provisions and
ton or tobacco think there are large and comQre-
hensiye views OF the subject which should influence
the producers OF cotton to foster home consumption
and market instead OF being subject 10 the fluctuations
Nl ana t1t contingencies
OF wars and revolutions And some force might be
given 20 such views by reference the condition.
and Tor years past according TO their own writer's. of
the cotton producing states But their ideas totally
different snd they seem 10 seek remedy by such
constructions OF the Constitution and such views OF
political economy, as shall promote their peculiar in
terests by sustaining the work shops Of Europe aud
enabling them 10 increase the consumption OF cotton
and thus 10 keep up It's price and extend ia culture
And there IS probability of convincing them OF the
ftacy Of system which they regard as essential 10
their prosperity, II not to their existence This how
ever. affords why should not look % our
own interests and endeayOr % ascertain the best
ket for products Il has therefore been the object
OF these remarks to show You that what may be At pre-
sent market Tor cotton, is none for your productions
and never can be
You perceive that deal very frankly with this ques
ton. know no reason why should shrink from the
Openness and fearessness with which the South
writer's and speakers discuss it, aud press the pecu
lar Interests OF the cotton growing states. No
OF public assemblsge l. suffered by them 10 pass
without earnest and sometimes menacing appeals for
the protection OF their products with but little refer
encc to those OF other States Still would conduct
the discussion IN good temper and with proper respect
and regard tor our brethren who suppose they have
dherest interests from ours deprecste and detest
all language and all conduct calculated to eNssperatc
sectional esouscs. and state Of feeling perIlous TO
glorious Union. But the discussion is forced upon
as by the very nature OF the subject We cannot
shape our own pursuits without inluirng into the
ture ana extent of the foreign market aud the kind Of
agricultural products 10 which It Is adapted and thus
the diversity Of those products. and the different de
grees of competition to which they are exposed, must
be investigated. And as consequence, tho opposite
interests OF the North the East ana the West
side and portion Of the South the other were de
seloped certainly not IN ON uniriendy spirit to them
but ia Just and honest defence OF ourselves
Must of these interests be sacrificed 10 the other
or can they be- reconciled Can a course be adopted
90 promote both 10 reasonable extent, that neither
shall encr0ach the other | believe this can be
done believe that generally it has been done, by the
legislation OF Congress.
In the first place. let what the comparative
numbers 10 be effected by the antagonist systems 49,
There are only eight states which produce cotton To
such an extent render it predominsting interest
viz South Carolina, Georgia, Florida Alabama, Missis
sppi Arkansas, Tennessee and Louisiana; the latter
also producing sugar In equal quantity. The whole
population in these States. In 1870 amounted to three
millions and a half when the total population of the
United states seventeen millions What may be
called the cotton interest of the United States H. there
fore NTH of the population. Add TO this what may
/ be called the tobacco interest Maryland Virginia and
/ Kentucky. which numbered two millions and a half
and the whole constituted little than third
of population at that time. The increase since 1910
has undoubtedly been greater nc the north and the
proportion will therefore be still greater In its favor In
several of the Southern states named there large
numbers engaged in the production OF bread tus aud
provisions and others producers Of sugar and hemp
such as Louisiana and Kentucky, whose interests are
Identical with But the numbers given sufi
centy precise for the general purposes OF Illustration
Now. If there to be concessions made ~ secure
the people OF these United States expect something
from the 0nethird
The comparative values of the property involved In
their respective interests must exhibit still greater
disproportion In the absence OF statistical returns OF
the amount value OF the domestic produce consumed
At home refer TO the character of the population
constituting the two thirds and the vast extent Of their
fields OF operation to show that the products of their Ia
Dor and skill must be In greater ratio than their
numbers
When the one third demand system of policy that
destroys entirely the home market, and insist on the
application OF your labor, and skill and capital In such
way as to sustain the work shops OF Europe, and
ate demand for and the OF purchasing il
aud tobacco do they not really and substantially require
a special protective policy for their own interests And
yet how much have we heard from that quarter against
legislation for the protection OF local interestsf
As the whole is made up Of parts, now can the in.
terests Of the whole be promoted unless by promoting
those Of the components And Is the hrst duty OF
every Government 10 aim at this object But the next rule
Of political economy that where any question arises,
the greatest good Of the greatest number IS 10 be pre-
ferred But the application Of this rule admit 70 be
very difficult IL may involve the oppression OF the
smaller number, and produce Injustice And tais, I'm
der no circunls tances, should be permitted.
Now, it appears to me that with mutual respect for
the ghts and interests Of all there 10 moderate mid
die and reasonable course by which all our interests
may with reasonable and just limits be maintained and
promoted Let the producers Of cotton and tobacco
continue 70 export 10 Europe. They have the monopo
ly in raising these articles particularly cotton and may
exist without H. By Iseping the supply within due
limits they regulate the price and keep IL steady
And such limits be had In two ways. lst BY diver
styling their labor and not applying too exclu
siyely 10 this one kind Of crop a course Of policy re
commended by some Of their own wisest Statesmen ,
and ID By encouraging the home market--the manu-.
facturers Of their country. In order % give Ia
rope the means Of making exchanges for their faDncs
let the duties those articles which we cannot our
sselge anuiacture be such 10 allow their mpOfta
ton reasonable profits Our past history shows ths
these will under any probable circumstances more
than pay tor all the cotton and tobacco which sound
and Tar seeing policy could justify our feowcitiIens
Ia raising.
As to the market for other Agricultural products
such az breai3rufs, provisions and mstersls,-
Il appears that true policy indeed the necessity
Of the requires that should be both foreign and
home. For We have legitimate and most valuable
foreign market which has thertO been only inciden
tally noticed OF the o. 10000 worth of four which we
exported in lc4J more tnan 100000 went 10 South
America, the West India Islands and the British Amen
Colonies and the report for that year shows that
more than Of the other breadstus and Of pro
visions the markets and 10 China and
the East Indies The returns for thsse consisted Of
hides coffee teas spices sugar and other colonial pro
6uce dyewoods and rae materials. useful 10 our Ayr.
culture Or necessary Manufacturer together with
specie bullion and the metals This trade founded
upon the natural principles Of reciprocitythe barter Of
the Of the productions Of country for slm
lar excess Of different productions Of another-ani must
neces sary be secure free from huctusion and