New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1855-01-09

TIE TRiBJSN. Two cents usy be ehI1ef tor
the purpose cf buying TIE TRIBUNE hy thou
ssDis who bat for the existence Of he cola
rcl.l pas n i.eRess tia. susl portion Of each
isy tat i1Tces to reader the service which Sc
cures teis pe.ty Escompelie. I. causes the lsbor
OF ,I those VITO aye employed n the physical
.Ld meSrsl toll which make the psps-. lax,
types. tto5chts, sc embodied 10 each copy
80 Of s7eIy thing else tia. pennies vii big. Sim
Up their number - s.tirate then. the extreme
.spdity OF circu alton 4 this little cola; reiect
that sveiy time 4. passes from one hand 10 al-
othe- tv0 services have been rendered . the
community. two labor, performed th,t but for
rs existence wo1ld have been Gnpertornei AMI
tben iucse whether the mass Of copper in the
shape Of coin does not annually increase the
amount OF prediction by value bearing much
larger proportion TO ts own. than shy other 10
,trumel. contributing to wea,il, lui therefore
itseIf rtckoued a. wealth
Consider Dex. that labor power is produced
memeut'y, and produced at the cost Of
ool the fuel TO the human machine
next that laborpower IS TIE only product that
is COZ sumed instantaneously. 1t either per-
ishes OF il invested 8. every pulsatioR. Time
can rot be Kept o7er-can not be stored away 20
visit for market. The demand for il cones
With the second or comes not forever, AMI that
demand "a in the coin which enables labor in suy
quantity large or small 10 exchange itself for
other labor farceled ont into as many fragments
as the Whole variety OF human wants or it IS no.
here.
1t * thus L aJe apparent that msney is ia the
.urerlat,e degree the instrument By which Ia
Dor i saved, AID made productive through tia.
combination of effort which exhibits itself IN the
division Of employment. In oth.r words. Il IS
the machinery Of association. I. thus appears,
too WY 4 is tha. tho nation which possesses
most money finds the greatest fa,ilit! in obtaining
more. Where it is abundant, production ia cheap.
cred an stimulates, 50 that the means of pur.
chasing more coin are rapidly increased Where
II is scarce produc;ion days and ia dear there is
little to seud abroad ia exchange for more money
sud that little ia produced st sucha ostthatthose
who have money 70 sell can buy cheaper else
where. Here We have tie explanation Of the
fact that money always flows from the places
Yteie it, value, measured By tie rate Of interes,
Is higb 10 those where Is value thus mt,.u.cd is
low. A piece Of gold will buy more cloth in
Ergaud tran in Illinois and Is goes from the
latter whero tyie.ds ten Ter cent to tie former
wltre ii brings but five Where land and tabor
ere low priced as they are. sud must be, ia all
tie ceions that export raw produce the value Of
mcucy-thst which It costs 10 obtain It as owner
or borrowers great. sul its utlify-that which
i. fleets ia giving command of tie forces Of ns.
ture and Of the Manufactured products in the
making # which those forces play tie greatest
parts small. The outflow OF money tends TO
rsie The rate Of interest, and AZ the same iio.a,
to increase the temptation Of sending it abroad,
because tbe Withdrawal Of the great stimulus Of
production ncr, the inftriority in cheapuessof
manufactures tothOse regions iu.O which it flows
Tie nscess.'y Of retaining i is grestest when
aId Were the po,ttr to do so is least. On the
other hand the infaN 81 money teuds 20 lower
the rate Of Intersections iii ninisAing the necesa-
ty Of iupoiticg coin while 1t lowers, in still
greater degree the cost Of manufacturing aud
thu, increase. tie power Of exporting prclGcts,
81 j Of importing cola . return for then.
We thus see why il is tia. interest which "a
paid for nOn,y alone rises at tie very periods
whom profits. the earnings If other capital, de-
dine The Increase Of production, which Yields
profits, dfPs nds upon tue motion OF capital.
I he csptal of ths country is immensely greater
than it was three years ago, but as motion has
slsckeI Cd interest has al yanced, and profits haze
vanished. Fill the warehouses on the banks OF
tie Erie Canal with produce and at the sane
tine ser the boats to Ohio, or lay them up, a1d
The writers of money articles in New York, OBJ. .
serving the falling of in the arrivals Of wheat,
com, polk &c, might believe that the crops
were light The forwaTders. however, who,
just at this time, would be pocke.ing the hi gaes.
rates Of fre ghts, and the farmers, who would,
from having to pay such freight, fnd their profits
dWiIdliDg to zero would understand very well
where the trouble was. The farmers would be
quite sp., in their distress, TO ask for legislative
LterpositiOn, either 70 proven. the expectation
ofboats-whtn we substitute morey for boats The
remedy is protective tariT-or 10 limit the rate
If freights-which translates itself foT money
INFO a usury law. The boat-O.ners would be
quite ap. to resist both as the money offenders do.
Tie article which We intended to abstract,
tlucidstes theie and various O.her propositions,
By Illustrative facts and reasoning which relieve
the discussion of that drJness which we find j!
improbable to exclude from a mere digest.
We conclude, IS We began, by recommending all
vi desire to obtain clear ideas of the nature and
Offices Of money, and Of the Characteristics the
practical recognition Of which, BY the people, has