Richmond daily times. [volume] (Richmond [Va.]) 1850-1853, 1852-03-13

now grow As they grew here under the tariff OF
1912; whereas, in all those countries that main-
tain British free tradc-Portugal, Italy. Turkey,
and India-the cotton manufactures and the con
sumption of cotton diminish together as they
now diminish among ourselves under the tariff
of 1916.
Under thorough protection, the import of
cotton and cotton-yarn into the German Toll
perein has increased in fifteen years from forty
millions to one hundred and forty millions Of
pounds, or three hundred and fifty per cent
Under such protection the consumption of cot
ton in Russia grew, in the four wears from $40
to lS49, fifty per cent? and we have reason to
believe that the increase in the two years that
have since elapsed has been even greater. I'm
der such protection the consumption in this
country doubled in FIVE years, and with the with
drawa of that projection it has now receded to
the point at which it stood six years since-the
| total consumption of foreign goods domestic and
foreign, being at this time not greater than it
was in 1916, although we have since added
more than four millions to our population.
The increased demand in '.other places" than
England having thus tended to raise the price of
cotton in the English market. we would now ask
our cotton growing readers to reflect whether the
diminished demand among ourselves has not Il
contrary tendency; and whether the presentlo low
price of the great staple OF the South is not due
entirely to the fact that consuming less at home,
we are compelled to send more abroad; and, to do
| this in the name of British free trade! Had
| we consumed no more last year than we did
| three years since, we should have sent to the
British slaughter-house for farmers and planters
at least one hundred and fifty thousand bales less
| than we did send; and the effect would now be
seen in difference Of price that could not be es-
| timated at less than two cents pound, on nine
dollars bale; equal on the whole crop to tecen-
ty-fre millions of dollars Had we permitted
the domestic consumption to grow, it did
grow until is was killed by the tariff of 1846,
we should have sent 100000 bales less; and
this, joined to the growing demand for the pro-
tected countries of Europe, would haved fixed
the price at point not less than four cents a
pound higher than it now is, giving to the plant
ers at least fifty millions of dollars for the
present crop than they will now realize for it.
1t is time that they should lay aside preju-
dices and study facts Increased competition
for the purchase of cotton tends to raise prices
and the object of the tariff of 1912 was that of
making competition at home with the pur-
chaser abroad-as German protection has pro-
duced competition abroad and as Russian and
Belgian protection has produced competition.
The Manchester manufacturer deprecates com
petition with himself in the purchase Of cot
TOM because 1t raises the price Of the RAE ma
teraal; he deprecates competition with himself
| in the sale of CLOTH because 1t loarers The
| price of cloth; and he cries out for British
| free trade, that he may secure to himself mo-
nopoly of the purchase of the first and of the
| sale of the last Mr. McCulloch told him
long since that nothing butprotection could ena-
| BILE any person to compete with him, and that if
| he could stave off protection he could maintain
the mastery already established over the plan
tiers of the world. 1t was to him entirely
| reasonable to conclude that such new beg in
ners, having to withstand the competition
of those who have already arrived at very
| high degree of perfection in the art, must be
Immediately driven outof every market equally
accessible to both parties, and that nothing but
the aid derived from restrictive regulations would
be effectual to prevent the total destruction of
their establishments
The truth Of this is now being prov ed most
| conclusively among our southern friends. I'm
der the influence of the tariff of 1S42 they es-
tablished mills; but the tariff of SAG SO far linn
tied the field Of operation for nothern manufac-
lures, that they have from that day to this been
compelled to confne themselves to the manutac-
ture OF the same coarse goods that were being
made at the South, while the home demand for
cloth was in steady course of diminution and
the result is now seen in the gradual closing Of
southern mills-the effect of which is that OF
increasing the control of the Manchester manu-
facturer, Just as the protective system of Ger
many and Russia was threatening its destruction.
1t is really time that they should reflect whether
| or not two three, four, or five purchasers are
| better than one. If they desire to have only
one, and to make him the master of their for
tunes let them continue theiradvocacy of Brit
ash free trade. IT, on the contrary, they thin
| three or five better than one, letthem lend their
aid to the establishment among ourselves of
a.
| of cotton increased it does in all the pro-
tected countries Of Europe-those 'other places
whose demand now stiffens prices in England.
We extract from the last number of the New
York Tribune that has reached us, the follow
ing letter in relation to the bright prospects of
Texas. This State appears to be one of the
most valuable portions of our Union. Since its
incorporation into this confederacy its rapid adj
vancement in wealth, population, and all the
grand charact erstics of civilization, have been
without parallel except in the marvellous case
of California, which, outstripping all the exam
pies of history is compelled to find its counter
part in her miraculous and full grown birth,
among the fables of antiquity. The rapid sub
jugation underline dominion of high and Chris
tan civilization, of the wilds of nature, is glo-
rious proof of what may be- accomplished by
population unfettered by tyrannical laws, but
with all the energy of liberty infused into
them. When we contrast the present Wig
orous condition of Texas with the decayed
youth with which it was cursed by Mexican
rule, our people cannot be too proud of Or che
IRISH too dearly the genius of those institutions
under which, and in great measure by which,
all this has been wrought
TEXAS.
Railroads-The Southern District-Agricultu-
raj Fair.
Correspondence ofthe New York Tribune.
SAN ANTONIO, Wednesday, Feb. Is, 1859.
The passage ofthe bill donating eight sections