Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1850-01-08
RICHMOND ENQUIRER.
SATURDAY MORNING, JANUARY 8, 1850.
pRODIGIOUS

maintain il over and that the ridiculous niue ho" ~
which il was pregnant has come to iieh' Ut 'as'' any, ~
its afectionate mother is doing just as wen a
nsc,ed The last Summers Presidential tour haa ios "s
| p IS ,h od;,o,ed blow now struck at the Tariff
f s6 and the PRINCIPLES of Free Trade hui we were o'u
10 un,ren,red for 80 feeble an advocacy oil he opposite uo
,rine, a, that presented in Mr.. Secretary eieo iee
report to Congress- 1t is unqucsionahl! ''e "oaA.' Pf
of its kind which has almost ever chil'''e" AN 49,,
sur, and is perfect specimen of pohieo-e'o''' 0'N
dity. -
The Secrctary's proesscd object is 10 oo''' a." -,
ta,ion of the revenue, and at the same 'he - A'o wy
a. - afford vvba, he would consider as ample encourage
ment' (angice protection) 10 our mahu'a''', " '''
.oo, iron md supnr To accomplish his end he proposes
return 10 spccc duties and higher rates; or IN o'cr wou
an abandonment of the tariff anu return 10 ha' o
| 1872 Tell u.s. if you please, IN Inc '''in' " common '
| ii such an adaptation IF means TO meel Poi' ' nov
been conceived by any other than wing Ofain "e"''"'
Taylors very profound Secretary OIL tue treasury s'!
proposes 10 enlarge the public receipts oy oiscafus ~
sure under which the revenue mas s'eaaiiy "e'eos' %
,dontno another under which gradually sut steadily
diminishing. We not prepared 10 ueicio 'c iu u ~
in all its detas bnt taking as WHOLE ana comparing
with any rival measure which yet been tried or with any
.uch ne il fcshadowed in the said report 1t Is lleasapy
superor in wisdom and results and all the speeous
projects of all the Fedcaists since the days oil NOAH ~
country has through series OF years uhoer It's o'o
and period of expensive foreign war lhter'ehhs' cs
unexampled prosperity All its great interests agriculture
commerce and manufactures have hriven together ana are
0,;, prosnsr,us and the Government has enjoyed an
income and credit previously unknown IN our Ills
tory. Yet trnc TO their instructive love OF resnc-
,or md monopolies and their hatred of every thing
Democratic the Wings will now that the signal Is sVen)
straphtwav make desperate on that glorious triumph Oh
Democratic policy. And for what! why Tor an opposite
system under which our trade and angished and
declined so that in time Of profound peace the Federal
Government found selfuttery unable TO borrow pal'ry
sum of three millions, except at discount
Such is the contras, presented by general view and COM
harrison of the two And Mr. Meredith, besides o'
or wonders to be accomplished by the change also proposes
TO himself to effect complete monopoly of the cotton
manufacture Our planters instead of exporting 6UUouuUV
dollars worth of foreign countries alter sup
plying the present home demand fully are TO nave marker
r tbot TOO made for them hon wherein these 600O0O
dollars are 10 be raised 260000000 dollars, AT least
2l5 OOO 900 dollars Of which will be for exploration vi
sons of spendour and weah Vas the like ever dreamed
of by any other nancer Mississippi schemes and South
Sea bubbles are flashes in the pan to this o. ye peo
n of America how have you been blind long never
TO have discovered how simple and easy matter it is TO in
crease your wealth in year from 90 TO 2ioU0uOOo
dollars all by the help of encouragement to home IN
dus,ry" and specific duties Bu stop: this is but one
item, in the account This glory is all due 10 Cotton
What may we not also expect from WOOL and iron and SUI
gar Az these, left 10 our own niagnatons the
Secretary having doubtless bcwildcred his own by the
maenfcencc Of this effort be incapable Of working
ont the figures fer Inc OF thing though we arc not
left in doubt Our all 10 be supplied from our
own esoos- happy arrangement provided il doesn't cost
too 7,Ianl the surplus will be for export But TO what
countries or what under such stale OF things We
are very SUR, but Mr. Meredith tell u.s. What shall
we take exchange, We shall be supplied with manufac
lures Wc already make bread and SELL and the world
does moi contain specie cncg support and carry on trade
with us for which would consume all our surplus
products WELL hcn where IS the rereE2e to come from =
Pine apples figs coffee nuts &c. we suppose ana SUCH
other like commodities do into competition with
our home industry Upon these hnnncer will expert
men, for revenue until perhaps, the witty coespon-
dent of the " Journal of Commerce $50 shall be
encouraged raise these also for ourselves by means oil
"hot houses"
Blu, whilst Mr. Meredith shows himself sturdy an ad-
vocae for encouraging restrictions upon our trade let no
one suppose him hostile foreign commerce On the con-
rary he rather disposed complain that ours is not 80
large as Great Bans which, including her colonial trade,
a OF which according Mr. NJ, we suppose is foreign)
ia but little larger than though she was great COM
n,ercial country before We born. Mr. Ma jealousy,
however is aroused and he is determined 10 put us upon
track OF hs discovery, he thinks by which we shall
soon PASS Britain and distance all other competitors The
plan is srkingy simple and with many other very great
and important discoveries, that see the way we
wonder that il was before. We have nothing In
the world 10 do bu; just impose, from time to time duties
on foreign goods so enable Yankee brethren to sup
ply our markets and little more. and the thing is DONE
For instance Great Britain buys from liz, say forty
millions worth cotton, which she pays for partly in COZ
ton and other manufactures oi better quality and AT cheaper
rates than III, Yankees any body else furnish us
/ ID, haya arar-
tain tax no, laid them raise for the govern
ment Secretary NJ proposes merely them so high
that rho shome industry" OF these United States may be
abe 10 supply all and buy all our row cotton
Well he says truly, imports will be measured by our
exports land presume the converse OF the proposition
also c so that this worked up home will give
an increased value for export equal TO the difference between
tho value of the cotton and the fabrics made OF it,
Will Great Britain take the amount siOoOOOOO) out
in cotton goods which che paid us Tor raw cooni II So
what will she pay US with
Such The great model scheme for extending our foreign
commerce. ndaugmening the Restrictions imposed
upon foreign goods and merchandise thus gripping and
ducing the capacity 10 and the ability to buy are
undoubtedly the good old way of increasing
the number and the quality Of your customers II is be
hopod that no one will doubt Mr. Meedhs title be
sderea greatest fnancer of the since he has point
ed out 50 simple method of doing opposite things by
and the same neaEs painey 10 extend our tfade WIFI
foreign nations and become The tmc the suppcrs
of every thing actually require for In this
even! if Commerce s ''thc machinery OF exchange it
WILL in Judgment be piece of very useless machinery
Tho subject na,uay expands but here we soplnviting
the farmer and indeed all others TO examine the eloquent
facts strongly FORTH follows, by Prentice the able
and reliable commercial correspondent Of the Union They
show the increase In ;hc exports of breadsi and pro-
visions under the tariff of and The great expansion Of
commerce. navigation and manufactures and The potent in
uence of cotton, the southern staple The ounda
ton of and manufacturer Yet the Northern IA
nalics would break up themselves BY assane The South
WHOM they vc and the Federal Regency would destroy he
present wise SYSTEM by returning the misceyous prohbi
ticns of the Tariff of 1882:
| Correspondence cfhe Washington Union
New YoBK Jan. =, 1880
The official Of the business of the Union for the
fiscal lSi9 show the imports and exports compared
with preIions years, to be as follows:
| Tinted States Imports and Exports.
Brcad-uhs ohsI Foreign Total Imports.
lsi3 slian.l2i sras96Go s6526s sS.&6iSl s6i,as799
lSi l797ul35 Sl,7i5,0H lliSl,S7 i,aJWe losi3'G25