The daily union. [volume] (Washington [D.C.]) 1845-1857, 1849-09-25

his more complicated operation really changed the ma
ure Of the transaction Is ii not the fact that the farmers
wheat has bought the iron And what has become OF
the British wheat which il represented according to the
reasoning Of the tariff Utopians before the exchange
But let US carry out these "Anyil" arguments little
further Suppose the American farmer raises 100000
bushels Of wheat than he wants for his own con-
sumption. for which he must find market 10 foreign
country He takes that wheaton the merchant takes
ito Liverpool and sells il for 100000 in British gold
coin Is this transaction sound according to the
logic OF the Anyp SCHOOL, We suppose they will ad-
init that il is nasmuch as the coin has been obtained Tor
the wheat But where did this British coin come from
Was not obtained by the sale OF British iron. or Brit
;sh cloh and were not that iron and cloth but much
in value OF British agricultural produce--wheat pro-
visions. &C. And therefore, in bringing back this Brit
sh coin in exchange for his wheat has not the American
farmer according to the reasoning Of the Any philos.
ophers actually imported SO much British agricultural pro-
duce as the coin representa- Certainly he has II there
is any soundness in their argument
Now. in order to remedy this great error in political
economy and the poor benghed American farmer
from cheating himself into buying SO much British agr-
cultural produce, when he supposed he had bought SO
much iron or cloth with his own produce the "Anyp'
philosophers would have him buy so much iron or cloth
Of American manufacture. WE'LL if this is sound reason
ing ought he not have exchanged his 100000 bushels
of wheat for 100000 worth Of Virginia or California
gold. instead Of bringing home British agricultural pro.
ducts in the form Of British gold Certainly the argu-
ments are as sound in case as nithe other And
how supremey absurd and ridiculous it must be to every
intelligent mind when tested by such an analysis as we
have givent!
why do not these wiseacres, or these imposiors-we
hardly know which class they belong TO-; probably they
are equally divided between both-we say, why do not
these wseacres or these mposors consent to admit that
the American farmers are not FOOLS but possess decent
share Of common sense And why do they not tell them
the truth Do they not themselves know that all ar-
Giles or commodities which made the subjects OF
exchange between man and man. or between different
nations, are 6ut the representatives Of labor that in
fact the exchange Of the peculiar products whether
agricultural or manufactured one nation for those OF
another but the exchange Of the labor Of those nations,
applied in the production Of the commodities exchanged
II they do not know these things they have not yet
learned the very alphabet OF political economy as every
intelligent American farmer, with nothing but the sugges-
tons Of common sense for his guide. will tell them.
Now, applying this principle to the actual trade be-
,vssn his nation and England or France or any other
country il we exchange our raw cotton, wheat or pro-
visions or tobacco for the iron OF England or the mus
Inns and silks Of France or the tea Of China we exchange
the yaue Of our labor represented in the articles we
.ena abroad for the value OF British labor represented in
N. ,on or Of French labor represented in the musns
and sks or Of Chinese labor represented in the tea And
Il we did not make this exchange OF the products Of our
o, labor for the products of the labor OF other ma
tious ,Oe should haze no trade sctatevsr Nth foreign
nations, We should be as much shut out from the world
as the empre of Japan And this is the very result and
none other to which the absurd FOOLISH and contemplate
souhsm first promulgated in 'The Plough the Loom,
and the AnviI and reiterated by the writer in the Re-
public must inevitably lead, il could be carried out to
its Ultimate consequences.
But fortunately for the interests Of mankind, the wise
and supreme Ruler OF the universe has arranged the
conditions of the world and the relations of nations,
70 defeat and overthrow all such absurd and mschevous
devices Of stupid philosophers or designing spectators
The labor of nations cannot by the wit of be 80
regulated As to prevent the production of SURPRISES which
,hs surplus productions which their labor creates And
a. II TO make the hand OF Providence more visible in