The republic. [volume] (Washington [D.C.]) 1849-1853, 1850-05-04


must pray for short crops, 1. c. that his
neighbours cotton may be ruined and
his own escape. If he would sell more
he must obtain worse prices, for the mar
ket Of England has long since ceased to
increase as to the amount to be paid to
the planters for cotton; and, whenever
there is an attempt to obtain "better
prices" it is met by short hours and
closing of mills; the object of which is,
that Of raising the prices of cotton goods,
diminishing the consumption, and pre-
venting the planter from obtaining more
for small crop than they had been ac-
customed to give him for larger one.
He is, and in the fullest sense, slave
to the British manufacturer, when it re-
quires but an exertion of his will to make
the South the seat of the cotton manufac-
turer for the supply of the world, and
thereby to treble the value of his land.
Like the farmer, he has been sold to the
British.
The landholder Of the west was told that
if he would arrest the building Of mills
and furnaces, emigrants from Europe
would cease to stop in the older States,
and all would seek the new ones the
consequence of which would be that his
lands would rise more rapidly. He sees,
however, that, with the diminishing de-
mand for labor, immigration is now dimin-
ishing; and is likely soon to feel that he,
too, has been sold to the British.
The ship-opner was told that the stop
ping of mills and furnaces would make a
great demand for ships to carry the bread
stuffs, Of which the export would ego on
augmenting !" but the market of Europe
has failed, and there is no demand for
ships outward, while immigration is d.
minishing, and there is little demand for
ships inward, and the planter is praying
for short crops and low freights and thus
he, too, feels that he has been sold to the
British.
The merchant was told that Glow du-
ties" collected on the cad valorem prin-
ciple" would greatly increase trade, but
he sees that the only effect has been to
transfer all trade to foreigners who swear
to false invoices, and that his trade is
rapidly being ruined. He, too, feels that
he has been sold to the British.
The lover of ga constitutional currency
was told that all the specie exported in
184S "must soon come back to our coun-
try," but he sees that it is only by
means of constant remittance Of stocks
and bonds that we are enabled to retain
any specie, and that Notwithstanding the
remittance of about one hundred thousand
dollars per day of those stocks and bonds,
the rate of exchange is always near the
point at which specie would be RENTED
and he, too, feels that he has been sold to
the British.
The american who witnessed the man
ner in which, under the influence of the
tariff of 1842, the country passed I'M
touched and unhurt through the tremen-
dous revulsion of 1916, and now sees that
the slightest revulsion abroad, producing
demand for money abroad, and thus
preventing the further remittance of
stocks, would produce universal ruin
here, feels that he and his fellow country
men have all been sold to the British.
By whom, now, was the sale nader
We pray our neighbors of the Union to an
swer, and to give us full account of the
operations that produced the passage of
the tariff of 1916, in defiance of the known
wishes Of majority of both Houses, many
Of the members of which knew that its
passage must be equivalent to their polit-
ical death, because of the hostility to the
measure that existed among their consti-
tuents, who had been led to support the
Democratic. ticket because the party at
the North bore everywhere aloft ban
ner upon which was inscribed "Polk, Dal-
las, and the Tariff of 1872" The free
trade party of England, at that time, had
the command of large funds, and it is said
that portion Of them found its way to
Washington. Can the editors Tor any of
them) IF the Union throw any light on the
subject II so, we may be able to deter
mine the question ''By whom was the
country sold to the Britishl"
The Navy Yard at Norfolk.