The Lancaster ledger. [volume] (Lancaster, S.C.) 1852-1905, 1858-03-17

twelve years. including the two extraor.
dinary years Of 1S56'and 1857. They
are nearly double the amount Of the nv
erage exports of the twelve preceding
wears. IL am right in my calculations
AS to S22O,00O,O0O of surplus produce,
there is not "a nation on the face Of the
earth, with any numerous population, that
can compete with us in produce per capita.
1t amounts to SIC &c per head, supposing
ihs. we have twelve million people,
Englald, wiz sll her accumulated wealth
with her concentrated aud ntelec,uaized
energy, makes under sixteen dollars of
surplus production per head.
] have not made calculation as 20 the
horth, with her S95 100000 surplus;
but, admitting that she exports as much
AS We do, with her eighteen millions OF
population it would he but little over
twelve dollars head at the outside
She canno: export TO us and abroad ex
ceed'nC ten dollars a head against OH:
sixteen dollars. know well enough that
the North sends to the Son;h vast a.
mount OF the productians of her industry.
l take it for granted that she, at leas:,
pays US in that way for the thirty or for
ty million dollars worth Of cottpn and
other article we send her. | am willing
to admit that she pays us considerably
more but to bring her up to our amount
OF surplus production, to bring her up TO
S22O 100000 Of surplus production, the
South must take from her Sl25 100000;
and this, in addition to our share OF the
consumption Of the S33O,OOO 600 worth
introduced into the country from abroad
and paid for in part by our own exports.
The thing is absurd it is impossible; it
can never appear Anywhere Lut on cen.
suS statistic book.
With an export Of s22O.QoQ.QoQ under
The Present tariff, the South organized
separately would have aJou, $4,000.
coo of revenue With one fourth the
present tariff she would have a revenue
adequate TO all her wants. for The South
would never 90 10 war she would never
need an army or navy, beyond a few
garriSous on the frontiers and a few reve-
nue cutters. 1t is commerce that breeds
war. 1t is manufactures ,ha, require to
be hawked about over ;ho world, and give
rse to navies and commerce. But we
have EotGing to % but 10 take off res.
trlctions on foreign merchandise and
open our ports and the whole world will
come to us to trade. They will be too
glad to bring and carry for us, and we
never shall dream of war. Why, sir, the
South has ne,er yet had just cause oc
war. Every time she has seized The sword
II has been cn the point of honor, and
that pon; Of honor has been mainly 10y
atty to her sister Colonies and sister States
who have ever since p!uudered and caum.
mated her.
But if there were no other reason why
we should never have war, would any
sane nation make war on cottoG With
out firing gun, without drawing u sword
when they make war on US We can bring
the whole word to our feet. Tie SOUTH
IS perfectly competent TO 60 on, one, two,
or three years, without planting seed OF
cotton, believe that il she WAS to plant
but half her cotton, it would be an i'm
mense advantage to her. | am not SO
sure but that after three years cessation
she would come out stronger than ever she
was before. and better prepared to enter
afreSh Upon her great career Of enterprise.
What would happen if no. cotton was
turnisnhed Tor three yearsl ! will not
stop to depict what every one imagine, but
this is certain Oid England would top
pie headong and carry the whole civi!
rzed world with her. No, sir, you dare
not make war on co,top. No power on
earth daTes make war upon it, Cotton
is kng. pGul la'ely lhe Bank of En-
gland WAS king, but size tried to put her
screws as. usual, the f"!, before last, upon
the cotton crop. AMI was utterly van
qnlshed. The last power has been con
4uered. Who can doubt it that has
looked at recent events? When the abuse
Of credit had destroyed credit AMI ann
Inflated confidence, when, .housapds Of
the strongest commeScial ho4ses in the
world were coming dowE. and hun.
dreds ofmII.ions Of dollars ofsupposed
property evaporating in thin air, when
you came to Il dead lock, and revolutions
were threatened, what brought you up
Fortunately for you it was the commence.
ment OF the cotton season, and we have
poured in upon you one million six hun.
dred thousand bales of cotton just at the
crisis to save YOU from sinking. That
cotton, out for the bursting Of vour spec.
u!ative bubbles in the North, which pro
duc"d the whole Of this revuIsion, would
have brought us SlOO,OOC,OOU. We
have sol! it Cor $65 ,COOOOO and saved
You. Thirty five mlIIiQn dollars we, lbe
Of tke Soull, have put into
the charity boxu your magnificent 6man
ciers, your cotton lords, our merchant
princes.
But, si', the greatest strength Of the
South arises from the harmonv of her 90.
ulcai and social institutions. This har
mony gives her frame Of society the best
IN the world, and 40, extent of political
freedom, combined with entire security.
such AS no other people ever enjoyed up
on the face Of the earth. Society pre-.
cede$ government creates it, and ought to
controi it; but as far as we can look back
in hiatCri? tiTes, we find the case differ
ent; for gpvernmept is no sooner created