Daily American telegraph., 1852-08-11
AMERICAN TELEGRAPH,
From the Grand River (dichIgan) Eaglel
Read and Ponder.


The London Times, endorsing the nomination
Of General Pierce, says:
"The primary question for the United states
in this election as it is for ourselves IN the eiec-
toral contests Of this week. is the national sanction
and iaviolable establishment Of The principle Of free
trade. For though no countryi is more interested
in the adoption and extension of those pTjFiples
than the American Union, the fight has hitherto
been carried on against the avowed opinions OF
the executive government. Mr. Fillmore's mes
sages and Mr.. Corwin's reports have continued 10
ayow protectionIst doctrines worthy to RANK WIN
Lord Granbys political economy and Mr - =
Young's statistics; and the country ma oniS =,
capped the imposition OF more restrictive uu'1eS -
the fact that the present American goYerhne'"
has never possessed maj0rity on THESE ques'lohs
in the Uonse of Representatives. me triumph q
The candidate Of tie Democratic Pdrty' o'o"S", Jor-
a,or5 D., tLe men orMe South, WW secure, pro6o6tg
forepcr NE asceadaacy Of liberal commercial primer
ples and if Lord Derby should next year oe dis-
nosed to take the American tarlf 1or MS mode,
we have little doubt that it will serve to remove
the last illusions of the protective system from
his mind. In this respect, and on this point, zoe
fake General Pierce TO be fair Representative q me
opiaoRs Of M Calhoun and, as SHch, A VALuA-
BILE PRACTICAL ALLY TO THE CONNER
CIAL POLICY OF THE COUNTRY"
Now, reader, just stop and read the above quo
taton over the second and third times. Ponder
il well. 1t means something-ay, it means
everything. The election Of Pierce to be " the
national sanction and inviolabe establishment of
the principle Of free trade" Tire Times never
speaks without book. 1t is the mammoth organ
of mammoth aristocracy. 1t has ever been in
defatgable in watching over that interest, and its
counsels in that behalf have seldom been aDiss.
1t goes exclusively for what is British. 1t wants
to make England the Workshop of the world, and
all the world in absolute dependence on her for
manufactures. A high protective tariff, amount
ing to an exclusion of everything foreign that
could come in competition with her own labor,
was the policy of that country until every branch
of industry had been so firmly established as to
defy foreign competition; .Apd then she IS in for
free trade. She denounc8 protection now as
warmly as she formerly advocated it, and for the
same reason. If she can fool us into throwing
down all the bars that protect our infant manu-
factories, her mammoth establishments will soon
crush them almost without show OF resistance.
Time and protection have matured hers, and they
must mature ours, or they never can prosper.
The Times certainly appears to be maryellously
well posted up in reference to the shape that our
national policy would take under Pierce. Mr.
Calhoun's ideas are to be followed out. This is an
important consideration to the people OF this coun-
try friendly to the protection OF home industry
He was its most inveterate and powerful oppo-
nent--he ever labored hard to induce the South
to organize commercial league pledged to make
no purchases of manufactured articles from the
North, but to purchase everything of that kind
from England His avowed object was to break
down all protection of home industry. Now, how
has the Times acquired all this information? 1t
NAV have been obtained in two ways. 1t may be
an inference from the hitherto political course of
Gen. Pierce, particularly his votes in Congress,
which were always quite as strongly against
protection and harbor improvements as those of
Mr. Calhoun himself On the other hand, the Times
may have more direct means of information.
There may be an understanding between the Bri-
fish leaders and their locofoco allies here, by
which joint counsels, joint efforts, and joint
means are to be embarked in this canvass, in
which both the high contracting parties hope to
realize SO large n speculation, in case it can be
brought to a favorable issue. Millions of British
gold would be quickly invested for such pur-
pose, and it would prove good investment for
them. But wo to American interests.