Lynchburg daily Virginian. [volume] (Lynchburg [Va.]) 1852-1861, 1858-09-17


United States. 100000
Foreign West Indies. 1000 tl
.WDWU
Buenos - 900 900
Chiie. 80, U,Wo
oDO, 40
China md Hong Kong ................l"i., 500 ooD
30 900 900
Gibraltar. 1000 600
British North America ................. - 900 Do,
British West Indies ................... A. $50 800
British East Indies ................... 1863 900 OOD
Australia. S00WWO
liRnse Towns. 80 600 900
Holland 30 Up 900
Portugal. Azores. and Maderla...... II 900 900
FRS, on the list stands the East Indies, then
Brazil, then the United States, then Turkey, aud
then China. The United States seems to be in
rather odd company. two Of these nations heinz
Pagan and half civilized, one MahommeIln and
fast going 10 decay, and The other not much al.
vnnccI beyond either Of the others. England hns
persuaded them, however, as we'll az ourselves. Of
the admirable working of lrec-irndc; and 80 we
find ourselves standing high ON The list. We may
hope Ia rival Brazil but can hardly expect to come
NJ Ia the East Indies, which entirely under
English control II we add Ia this $3.50. 800 900
the value Of cotton yarns exported, which are not
included, aud also the amount Of cotton colh con
sumcd in Great Britain, shall find the sum
sufficient to pay the Sl40.oo0. 900 imported for
ported: or III other words, the manufacturers Of
cotton alone, after paying for the raw cotton. pay
also for nearly the whole Of the grain and produce
imported for the benefit of that aud all other bran
chcs Of manufacture. This shows how manuiac-
turing nations grow rich at the expense OF the pro-
ducing ones.
Here see how England, after coming ont Of
the Crimcnn war, which would have alone cx-
hnused the resources of half the civilized world
IA l.n In 4,
aud Immediately engaged in another war with
about half the human race. calling for nearly
100000 men to he supported thousands of miles
from home. No nniun was oyer III possession Of
such enormous wealth ~ is requisite for such EN-
terprises rs these, which England carries on
without feeling the burden, while we are borrow
ing money in II time Of profound peacc to d, fray
the current expenses 81 our Government. Such
Is the difference between nations which send oft
their produce to foreign aud TAR distant market
md those that buy that produce 10 feed their o!e-
ratvcs, and pay for it III manufactured goods.
England has been teaching the Asiatics some
lessons in free trade She finds the process rnth-
err more severe, to be sure than found neccs-
snry with the United States Brazil and Turkey
In the IL the lat three respectable conmuni-
ties, she not obliged to proceed rict a1AiS.
but found it no, difficult to effect her purpose by
diplomacy and large subscriptions Of money to
circulate free trace documents aud tpsJWc with as
wns the cnse especially in the United States just
before Tn" passage of The tariff ri 1916. llnd"os
and thlamen require different sort II argu
mcnt "r what may hecallel "nrgnmentam nd hom-
iacm " Gradually shc stretches out her wiry
to assist the thunIrr of her fleet and army.
and the persuasive voice of hcr moral suasi ON, in
anncxi,g lhc Whole void 10 ,he great manulnc
tuning centre.
In foresight and practical wisdom England is
yet generation in advance of all other nations:
an hence her immense wealth and power hcGorc
which France and all Europe stand in awe With
all our invention, genius, mental and bodily ac-
tiyity, nrrl TO TAKE some lessons of that won
dertul pcaulr from wtjnsr ancestors also de.
srrndrd What we ncrl >to theo,izr less and con
suit experience more and in universal btneyu-
l.nre to remember that charity which leg.nS N
home and h"l~ first after oar own interests, AMI
then after thoSc of nnr ncghhnrs. II "A reduction
Il our tariff WAS necessary III order to induce
England Ia take oar cotton, that would furnish
some excuse nr Us. thou III poor one. because if
ehc was no. obliged 10 take ii. as is the fact. still
eur true policy w.ull be To work it up ourselves,
and export H. not in it, crude state. In, in the
compact rm Ut manufactured goods. All ma
tions that export produce to foreign and di~tau;
market must remain poor. Ii would be far better
for rs five were importers Of grain Ike France
and England. and exporters Of II in the results oi
mechanical labor, than t" send our produce five
fore IN mechanical labor.
Oar present condition may be summed up ms
follows: Tie We, has been sending her grain and
produce 5000 miles Ia distant and uncertain
market, where they must compete with the pau
per labor OF the grain growing regions OF Europe
on the Danube and Baltic after paving noarv
their whole value in cast Of transportation. The
necessary results Of such II system are now mani
fest. The West is poor and likely to De poorer
pl Sl,p I'm, bonn
kct for her produce and bring the mill and the
forge much nearer to her farms than 600 miles.
Our factory and railroad stocks are not worth an
average of fifty per cent on the dollar \ fore "a
commission is coming from London to exam
Inc into the affair of our Illinois Central railroad
and the presidency of Reading road has pas
sed into the hands Of an agent of foreign interests
Our foreign debt is from $500 600 600 to 800 0Cp
600, calling for II large annual amount Of specie
to pay up our interest. Our ocean steamships are
nearly driven off, and in the opinion Of some the
character Of our shipping is declining Our ships
have long been idle " doing losing business an |
our GoHernmrnt Is borrowing money to meet its
daily wants. such are the iacts To be explained
in some way or other. and this picture is in no
way colorel or exaggerated. 1t is not necessary
to repeat that consider all this to flow mainly
from one source. and that is the tariff IF lS46.--
Had the tariff of 1912 remained na.,st Of our rail
roads would now be worth par.aud be owned her {
a. they should be, and not abroad Instead
gradually declining into colonial condition, we
should have been Independent Of the world, and
if not ~ wealthy and powerful as the older branch
Of our family We should have been advancing very
rapidly towards that point, and been worth many
hundred millions more than at present. When
we adopt protective policy shall find i'm
mediate relief. aud enter on n new course of
prosperity. Until we do We shall continue
ON our present course, tending towards national
poverty, dependence. and Generalization, for
these three go always together.