The daily union. [volume] (Washington [D.C.]) 1845-1857, 1851-01-17


| We have already exposed of the fallacies ad-
vanced by Mr. Corwn in his annual report relative TO
the trade of the country, and intended 10 induce
to the restrictive system Circumstances have interrupted
our task, and we now for the purpose of
menng on the ideas which have been put forth by the
and repeated by MIR. Corwin. relative
the home market
II seems strange that the persons whom the monopo
lists contend be benefited by home market, built
up BY Legislature tnaetnents. have never desired or re-
quested that the power OF the federal government over
imports and excuses should be increased to that end The
agricultural interest has not and certainly does
not request the government to tax IMPORTS order
to buQd up market for them the contrary, they
monstrae earnestly against such exercise Of the
taxing power and they beg most earnestly to be let alone
The monopolsts, however not willing to let them
alone The lords OF the loom nss most earnestly and
that the agrcuturist does not understand
his trus intsres-that he il blind md unenshteued
that he ought to desire 10 project the manufacturer by
bounss and restrictions in order 10 enable the manufac
turer 10 furnish home market for his productions The
words OF LAGOON would not be inappopriaely applied
to this effort OF the Greeks TO present wooden horse
Timeo Danaos ct dona ferenss
But the words OF Laocson. which have become max
i'm do not furnish the only ground for rejecting the
terestcd advice OF the monoposts aud manufacturers
Reason and The laws OF trade fully the spplica-
blity OF the maxim. We will proceed to show this to
the unprejudiced reader. ~
In the first place, will state that the division of
labor independent OF the difference OF soil and climate.
gives rise to domestic traffic, and establishes natural
home market. In every community, however restricted,
there are persons who fellow different employments
An enlightened sef-interesi prompts to Diversity
their productions. halter who confines his atten-
ton solely TO bis avocation, and tailor who pur.
sues the same course, will produce than the
same two individuals could possibly produce IL each
should undertake to make bats and clothes When
large communities are considered, the division of
labor is still further extended by the various
adaptations OF various coils and climates This divs-
ion OF la o producing different productions, gives rise
to exchange between individuals, trade between
munities, and commerce between nations Each en-
ploymen, in community furnishes home market for
those engaged in other employmen,s and each
niy furnishes home market for other communities indie
pendent of any commercial restrictions The market thus
furnished s the legitimate and natural home MARKET which
exists independent of legislative WISDOM and owes its
existence TO the laws which regulate human labor and
human intercourse, Bo, this is not he home matkei Of
Mr. Corwin and the monopolisu s1'.h s1.aai q
The home market OF Mr.. Corwin and the monopoliss
dos not spring from the laws which regulate human
labor and hsmau intercourse. II is artificial home
Market created by legislative enacmenss and impost
duties-by taxes and burdens the ndsxal. rigAf,d
and legitimate home mark, which the resctouiss pre-
tend TO bold in especial regard. This artificial home
market is market in addition to the natural home mar
ket, and Mr. Corwin proposes to create il by restrictions
on commerce, which will exclude partially exclude,
foreign importatons, and thereby build mp domestic
ufactores to constitute this market This srkeal home
market is the home market OF which Mr. Cofwin and the
monoposts speak, and bevy requires to adopt their
nomenclature.
There i Latin maxim, EI nihAo nhu fla maxim
Whose truth is generally admitted This maxim not
only teaches that from nothing produce moth
ing but impresses upon the truth OF the converse
idea. that something is necessary production The
artificial home market mast be buils-the legislative
home market must be constructed What let rs ask
are the means and materials And whete are HE
means and materials for the structure to come from
| And who win the burden Of their supply fall on
These are important questions, and We viii proceed 70
answer them :" ,s 9.' f,s "a VI
Re, us first examine the structure We begin II the
yo,,,A ,s;on fI ossssfrq seaesq X ssfs ti hi M
Duties or taxes imports are imperative when svied
on articles which be produced cheaper IN hs United