The spirit of democracy. [volume] (Woodsfield, Ohio) 1844-1994, 1854-03-01

can and does control the commercial and
manufacturing business of the nation. In
this respect it differs wholly from our own.
Glorious difference, truly!!!
Great Britain, with her governmental
policy, her land and money monopolies,
and with her highly redundant population,
finds but little difficulty in subjecting the
masses to state of vassalage, but little
better than American slavery. Their pau.
per population, which is immense, must be
fed and clothed; hence the manufacturer
very naturally avails himself oil the bene-
fits Of their labor, which he gets at mere
nominal price, say from 12 to Is cents per
day, with board to be sure, but no meat.
Thus the Englishman is enabled to "de-
scend nearly half mile into deep mines
to procure his COAL" but can still compete
successfully with the American manufac-
turer. "whose coal abounds near the sur.
face of the earth" England, with her
small territory, and dense population, finds
it greatly TO her advantage to manufacture
for large portion Of the world, which she
is. to great extent enabled TO do, by her
carefully devised system of low prices for
labor Here then the problem is solved
The United States have a wide extent
of territory. millions upon millions of acres.
uninhabited. and consequently a sparse
population. No pauperism 10 control the
prices Of labor. The masses are enlpht-
ened. free, untrammeled by any system of
oppression, and consequently their labor
is well rewarded. In this land Of liberty
and equality, the demand for labor is
greater than the supply. In England it is
just the reverse. The American manufac-
turer. has TO pay American prices for la
Dor; hence he is not able to compete with
English pauper labor, without an adequate
protection from government. But "Ohio" ="
would grant this protection in very dif-
ferentway; not by increasing the currency
OF England, and in corresponding pro-
portion the prices of labor and materials;
no, by no means, but simply by reducing
our own to the hard money standard. and
thus obviate the necessity for protection.
The banks he says ''are the bane and the
destruction of our manufactures" they
raise the prices of materials and labor.
far above the pauper labor OF England.
The Englishman gets his "labor and ma.
terials at hard money prices" The Amer
lean must get his labor and materials a,
"hard money prices" in order to compete
with the Englishman successfully Is this
not the only plain, honest, sensible deduc-
ton, which can be drawn from "Ohio's''
arguments? He asks. ssthen why do not
manufactures flourish amongst US, since
they are so essential TO our welfare?" and
replies by asking, "Why does not fami-
| ly flourish that settles down near marsh
and gets the shaking ogue? As the swamp
ruins the health of the unfortunate family,
so our Banks of circulation ruin and de.
stroy our manufactures" Thus we see
that The "marsh" and the "swamp," mus,
be drained, or removed, or this unfortu.
nate family, probably, die with the shaking
ague. The Banks must be- drained, OF
removed, to prevent the deadly miasma
from going up in the shape Of Bank bills
"which are the bane and the destruction
Of our manufactures, by raising the prices
of our labor and materials. Can there be
any other inference drawn, or has reason
lost her sway Of empire?
"Ohio" appears to be utterly at a loss
20 know how the European gets his pay
for the manufactured articles he sells US
in any thing else, than gold and silver
He seems not to have conceived the idea
that we sell them any thing in exchange
Now suppose that we sell them just the
same amount that we buy of them. would
it take any gold and silver to pay for our
1imposts? Is it not apparent that the ex.
change would be made without drawing q
dolIarl And it is conceded to be very un.
wise for nation, as well as family, to
buy more than it sells. The expectations
from the United States to England alone.
for the year ending June 80, 1851, was
$l13. 3.973,l87. The imports from England
for the same time was $9O.612, ,238. show
ing balance in our favor of 225 millions
During the same period we received from
England S97 ,532 in gold and silver, more
than she received Of US.
The above figures are given merely 10
show the absurdity of the idea, that the
Englishman ''really gets those enormous
prices in gold and silver, and carries them
home when their value is not deprecated
lby paper money issues" Therefore,
1"Our Banks Of circulation as at present
constituted" are not .'the bane and the
destruction Of our manufactures" And
it is TO be hoped that .'Ohio" will avail
himself OF the FIRST convenient opportunity,
as he very promptly did, on former occa-
sion, to "disavow" those obnoxious con-