The daily union., 1856-03-28
III Is aoa.;sbnn ny sas,s ~ s~,;so.aYs

W
ally eonduces to 9 aourishing state Of agricutare"
Sir these quotations contain lessons that every farmer
should avail himself Of They have long since been studied
and reduced practice by the farmers Of manufacturing
districts their profit and others who have not done
would do we'll to profit by their experience But almost
own es.sbisbmeas 70 lsoSuish and ssnS our produce
abroad beg European friends take 1t 81 whatever
price they may please 70 Offer and take our pay In manu
cured goods which might have cheaper and better at
home We thus build up foreign interests instead Of our
And this is political economy, such as 1t s
Mr. President Let MS hear what James Madison said on
this subject y years since on the noor OF ne other
house. Said he ta
We consume British manufactures to double the
Of What Britain takes Of $ anS ar ns s
has undergone ali the profitable labor that be bestowed
her industry We nocsssares her. She super
Sir how exact, similar Is our present policy Still we
continue furnish Great Britain with material and
necessaes of life and receive In return many superu
ities and other commodities, nearly all OF which might
ronze our own industry and skin. Sir, the mechanic
and manufacturing portion OF the United States consume,
of agricultural products such as 20 to Europe many
millions Of dollars In value more than we export to Flu
rope and oil they ask Is simple Of just reciprocity
We afford you, say they better market than you can
M n9a dna. IN saroPe Sic n @ nors 30 oe w ror
our interests, and will long far increase
business that We viii supply the country with the vast
create market for the surplus Of agricultural products
at home certain and more profitable than be
found abroad We ask for high protective duties We
ask only that you will discriminate slightly in favor
In the Of the the
penses Of the and the privilege accorded to
those like in foreign lands Mr. President consider this
but reasonable and JUST and believe that grant
i would prove great and lasting benefit to our country
We have the tax opay; and, while it make differ
import very slight degree Of Determination il of vast
importance to the mechanic and manufacturer. have
shown sir conciusive think that tho prosecution of
manufactures and the mechanic arts In this country in
competition with Europe has made vast reduction in
prices and this viii be found true Of almost every manu-
ctured article produce Let the work be followed up
equal those of the past.
Mr. President by the census returns of 1850 it
that the amount Of capital invested in the manufactures
cotton WOOL and iron only was but fraction less than
Sl5o0Oo00o The materials consumed by these three
cost over Ss7, 100000 per Their combined prod
uct Is estimated at $l60 0OO Thus sir we lave
ly $75ooOooO by Of these three branches alone
added mostly by labor the wealth of the country
though the propretors should gain nothing their bus
two hundred thousand persons The entire amount OF
capital employed in all the various branches Ia set dow ut
while the number of persons employed
ceeds million. The raw materials consumed are esma-
ted at annum and the value Of the
product at more than oooOOoooo This exhibit shows
annual absolute creation wealth in our country from
these of than $3.50 Shall we treat
such an interest this unworthy of
and not entitled TO favorable notice
Mr. President there are unquestiouaby at least one mil
lion Of persnns engaged In mechanical and
operations in the United Satesprobaby more On these
are dependent for support at least millions prob
ap hrte millions, more and the of all these three
or four millions are to be supplied. Then sir some
our millions or more to be supplied from the surplus stores
OF .he "gIcuurs to say nothing of other branches of
Lads They can export but little of their own products
High duties in foreign countries prevent that They can
not import food for high duties in this country to
we Arng interest against foreign competition preclude
his Hence they altogether dependen on home sales
iof 'he products and home supplies for their ood Thus
e oeeoe the best customers to the farmer acd pay him
The best prices Considering the high price of food
compared with 1850 and taking the census reurns of $50
io our guide the amount all kinds produced in the Un
1.a States in 1854 could hare been far short of $3.50
$ss4 100000 T.s va,
a., hou. an. ., 'aiance probably nearly the value
of 100000, 900 was consumed BY ,as.--- t
ing operatives persons in other branches Of trace live
the profits Of their dealngs with tho industrial classes
their family dependents DC Let the farmer then, look
this result and consult bis intsres and instead
create market at home amply capable Of absorbing ali
his surplus produce by giving proper to
industry and skill The idea OF reciprocity OF trade
with Europe by furnishing her with food for her
and receiving the products Of their labor in return il alto
gether idle and a chimera, especially with Great
Britain We send her exports, including our cotton 10
large amount and she sends back manufactured articles
which could make ourselves and leaves ms indebted to
her the eod Of the year some $4000o0Oo Our cotton
spirit Of reciprocity, but to enable her manufacturers TO
break down own, and to command the market OF the
world. results not 10 the least to the benefit Of the
American nplanter and serves only Of
protection to the british manufacturer Let them succeed
In their attempts TO produce supply In India and duties
will again be imposed American cotton, such viii
destroy its British market. Sir, shonld do then,
England does-give all reasonable encouragement 10
industrial Institutions and cotton, like every product
Of the fed viii find better market at home than abroad
Mr. President with the small aid hitherto afforded by
the government have succeeded Ear dscpnipg Ia
bor applying skin, and improving machinery as 10 be
able distance the foreign manufacturer and mechanic 10
the production Of the aud cheaper articles amongst
which would class woolleus, the raw material
admitted free Of duty, and 10 defy all competition. And
thus far citizens furnished less prices better
ticles than be imported, OF the sort from Europe
Give US this b and shall learn from experience In
comparatively short time that similar result in relation
10 articles OF finer and costly description be e.
fsced Sir am grateful 10 the administration, and reh
der them my hearty approval for the liberal and engh
ened views exhibited By them with respect to domestic
policy the subject which am speaking. And sir
cannot forbear TO express my admiration for the mastery
In which the honorable Secretary OF the Treasury
has carried his views 10 the bill have the honor TO
prcsen the Senate. BY friend TO protective
duties he has bad the good to realize that as far as
could lie bestowed the manufacturer mechanics
and operatives Of country without injury TO other
by Of free list and discriminating duties
should he done to encourage their Efforts The country
will thank him And cir, should we doubt the soundness
Of his policy, lot the bill pass and will hazard the pre-
diction that the experience Of two years. less viii sat-
isfy u Of its corroctness ..
Mr. President may be permitted 10 say Is far from
my wish crush any interest for the purpose Of build
ing up another. Ny wish 10 In oil sincerity to witness
the prosperity Of ALL and 10 this end would equaze the
privileges Of ALL and afford equal facilities 10 all in their
en revenue system and tho mode In which has been ad
mnsersd am perfectly satisfied from my own personal
Of facis fails In this object and gives TO Others
and esecally 20 the foreign producer vy great and