The Middlebury register. [volume] (Middlebury, Vt.) 1850-1882, 1852-06-23

viii want Slf WI worm VI our hgrlcul-
,ural products
In every yard Of broadclotb, worth 81,
the American farmer loses the sale Of at
least $3.50, which goes to make its value
Our importation Of wooden goods is a.
bout $4,000, 900; and the farmer loses
the sale Of sl3,500,000 of products in
that single article; it is nearly the same
on cotton, and greater on iron The raw
material--and that is our own, lying use
less not TO exceed s. per ton in
the manufacture Of iron; this country
has consumed one million of tons of iron
in year Suppose you break down the
manufacture, and bring it all from a.
broad, you deprive the farmer ola market
TO full three fouths Of its cost-at least
sle000O00 The farming interests of
this country, East and West, are begin
ming to feel the effects Of this system and
We fear they are destined to feel it more
heavily in time to como. The farmers have
more interest in protection than any 9th.
er class. There are hundreds of small
perishable articles, sold at manufactur.
ing establishments, that could not be
transported even if there were a mark
ct abroad but they go to the support
and comfort OF the laborer, and to increase
the gains Of the farmer The American
doctrine should be to protect our own Ia
borers, and it should carried out through
the ,cjsole Every village, and town. and
county, and State, should sustain its own
mechanics, and farmers, and merchants.
who are themselves supporting the nst.
tatons of society in which they live
But the tendency of the present time
is TO go abroad, somewhere to find out
some foreigner, no matter where he lives.
or what will be the cost of transporting
to him the equivalent of your pur
chase, provided you get the credit OF
buying cheap; and that tendency has it,
sanction. if not its origin in the policy u
the Government. Four fifths Of foreign
manufactures are imported by foreigners
and on foreign account They do not pay,
BY twenty five per cent, as high on the
invoice of foreign manufactures as Amer
leans. They pay about three per cent
interest on capital while Am ,rican mer-
chsnts pay, ON the average, ninc per
cent The result of such course no
one can doubt While we are, as we
ought to be, stimulating agriculture, by
selling lands cheap, and giving bounty
lands, and free lands, we are pursuing a
curse that will deprive those and all occu-
pants of lands. the means of exchanging
their produce for the manufactures nee.
essary for wear and use
We are now sending abroad all the
produce We can sell we are sending our
United State stocks, our State stocks
our city stocks, and railroad bonds. and
every other badge Of bondage, and then
pay Gas in 1850 twenty-ninc millions
and Il half of gold to make the balance
of our imports In 1851 our import of
manufactured and manufactured iron.
wool and cotton, was $4,000 600; our
export ofanimal and vegetable food SPA
600 900 balance against us in those ar.
ticlcs, s35, 100000, The prospect for
this year is still worse. The National
Intelligencer gives the imports and ex
ports for February. 1852: -.
Imports Of merchandise :. .Sol39.2S5
Exports .. 1867 ,764
Excess Of imports over ex-
ports ....-..... Sj,l7l,52l
Export Of specie. ..,.. 1851 ,54S
Imports ..... ll0,293
Excess ofexport over import
OF specie ...l.... ,44l ,25C
===E
% At that rate per month, the difference
10 exports will make us debtors S62 05s
252 each year, and our gold must 60 a
broad at the rate of Sal .29j 900 annual
= ly.
know this does not alarm the gentle
@ man from Massachusetts He thinks
that /" it would be the greatest OF calam
tiles if the gold should remain here ,
that " if We could succeed in keeping al
home 100000 900 a year, the country
would see crisis on tremendous scale
altogether beyond the case of 1897.
Fearful as the warning is, confess that
wish to see the experiment tried
am for progress, and wish to see some
thing new In the last sixty years VIC
have had some eight or ten crises BY over
importation from abroad, and exhaustion
Of our means to meet the bills. As Q
friend of domestic manufactures. | wish
to sec one home made crisis got up BY
keeping out Of debt and keeping ouI
money at home by employing American
labor in manufacturing, and paying that
labor in American produce and American
gold.
- What is the meaning of crisis -
word that we have imported with other
foreign articles In its motherland,
believe it meant the deciding. the turn
ing point of disease, when the patient
was balancing between life and death
Here we use that-as other things-tt
serve various purposes Among these, tC
signify state of financial distress il
polite phrase, to say an unpleasant thing
that we cannot pay our debts For the
sake of variety, | wish to see crisis got
up on the gentlemans theory. If it i,
not pleasant, do not try il but once What
disease will it bring on a nation
in which q crisis can occur, unless it i,
plethora ? That is certainly dangerous
in the human constitution, but has never
been concidercd mortal or alarming il
pecuniary affairs. Try your experiment
first on an individual if it hurts, stoJ
there, Try it on Vermont farmer-l
will risk him-he owns his farm and
stock, is free from debt, raises abundanc,
70 sunnort his family IN nav tho maehani,