New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1850-08-07
Esuitabie Commerce. mo. IL.

To he Editor Of The Tribune
In letter accompanying my irst article on this
subject, published in The Ir,5Hae OF Saturday last
Ipartially corrected statemer contained Ia pre-
yious editorial OF The Tribune, to the effect that
according to Mr.. Warren, set commercial OK.
changes right and other things will como right
in consequence" | stated that by the term Com.
merce" he means, first, commerce in the minor
sense as synonomous with trade" and sec
ondly, commerce in the major sense as synono.
nous with the old Engish Specification of the word.
conversation ii e. human Intercourse Of all sorts
the concrete or tout ensemble ofhuman relations,
will first show that Mr.. Warren's inyestiga-
tons take ia the whole scope OF Commerce in this
ma Tor sense after which | shall return to the par
ticular consideration and calculation Of the single
principle Cost IS THE LIMIT OF PRIcE," which
does, as have said, chiefly relate TO commerce in
the minor sense, although the modes in which Ii
affects commerce in the major sense are almost
infinite.
According to Mr.. Warren the followingis
THE PROBLEM TO BE SOLVED
ia all irs several branches.
"The proper legitimate snd just rsRaA Of
labor"
. Security Of person and property
3. The greatest practicable amount Of feeion
10 each Individual"
Economy in the production and uses Of
wealth
ITO open the way TO each individual 6r the
Iossefsiou Of land, and all other natural wealth"
g. ITO make tho interests Of all 10 operate
with and assist each other. irstoad ofcasai g With
and commencing each other
T. ITO withdraw the elements OF discor1, OF
war, Of dstrust and repulsion. AID 70 establish
prevailing spirit Of peace, order and sosial syn9s.
thy
Ard according to him also tho following PRIscE.
Plies are the means Of the solution.
l. IsDVIDUALuY'
II. THE SOyLREICsTT OF EACH ISDIyIDUAL."
Ill " CosT The LINT OF PRICE"
". "A CIRCULATING MEDIUM, FOUsSED on
TIE COsT o. LABOR"
V. ADAPTATION OF TIE SUPPLY TO THE
DEMAND"
The mere reading Of this programme is an am
pie snIwer to your criticism to which have ad-
yerted. Ipyefered to select a single principle
the third among those sboyenamed, and to my mind
the most Immediately important and practical, and
~ adhere 70 pretty thorough exposition oil IL
rather than TO overload the mind OF the reader oy
bringing into view the whole OF an immense sys.
TEN, covering all possible human relations.
should have pursued that course, excep. Tor your
remark, which could not permit TO go onansHer-
ed, to forestall the public judgment. Perhaps 1t il
better as it's A few minds may, from toe mere
statement Of these principles, begino perceive the
rounded outlines OF what, do not hesitate 20 az.
firm. 10 the most Immediately practical, il not the
most complete, sei<Etgfc statement Of tae problem
Of human society, AMI Of the fundamental princi.
pes Of social seten1e which has ever been present
ed to the world. Most, however, will not even be.
gin to understand the universal and all psrvaiins
potency Of these few simple principles until they
find them deliberately displaye ed and elucidstsd -
Al present must take the broad license of assert.
ing that they are UNIVERSAL PRINCIPLES, aud 70.
ieripg the reader Tor what mean by a universal
principle to what have 10 say of tne particular
one which selected for particular explanation
CosT is TIE LENT OF Pace
IA a mere hint however 10 relation 70 the 9th.