Richmond daily Whig. [volume] (Richmond, Va.) 1842-1861, 1859-11-07

The speech OF Hon. A. IT, H. Stuart before the Centra
Agricultural Society. In this city, which had the plea
Of spreading ertenso before the readers Of thu
Wig. presents much valuable information and soun,
opinion. The theory Of diversified labor the sures
means Of developing and maintaining the welfare of com
muuties, and the growth of countries is one which
to require only unbiased reflection to command
approval
Iu the early days of the government il was the prac
tce OF statesmen consider and act upon this sub
Ject without reference to party ends Unlucky it has
become since between parties and theme for
closet theorists to work distractions Of and for the
present. fear there Is much prospect Of bringing
tue legislation Of the country back tine basis of com
mon sense upon which il stood.
The temperate and well considered presentation OF
facts, in the style Of Mr. Stuarts address must in the
eni, however, work out revolution. With the hope Of
aiding in this good work fact mentioned by the
Philadelphia Buiiefia and offer the reflections sug-
g-sts
The money articles OF the city papers says the Bn.
I'm, have melancholy tem-an importation from Eu-
rope at the single port Of New York. n,driy o hun
Did millions Of dollars in nins months. At first blush
this looks like ruin.
Newspapers generally follow such an announcement
With homily against eItrsvagance, and a reminscenee
Of the rugsity Of fathers Are such homilies and
such recollection, effective prevent the use of the fab
re for which are spent these two hundred and hfrv
nilons-or !; viii reach that BY the end Of the wear
they were, there would be further question as TO this
point i !, desirable that our civilization should 20
backwards?
Nations, like individuals, slow in fu ding ont what
they need-iD understanding themselves These impor
tsiion' indicate pFodigious demand which will bee
supplied in some way. Is there 10, some way of sun
plying IL without running ourselvcss
NOT suhi,;ent ,l;s
some state Of things, that producing gold at the
rate Of fy millions year and sending to Europs as
fast mine it. For though il be a native production
Vet II viii not do to produce unlimited quantity of the
precious metals for this plain reason that their value
not as Is that Of cotton, -four and ron intrinsic but in
great measure arbitrary.
If our readers not afraid OF the word tariT We
should like that what the country needs E not To
stop the of luxuries but roies them rSffad Of
buying item. Why is this doneS 1t is not for the
want of SKILL but for other The first is the
want Of capital to compete with England and France
and the second Is the low wages of overpeopled conn
tries
That would be desirable to spend these wo hundr,d
and fifty millions Of dollars home and not abroad no
sane man will question. Bnt the Government cannot
met either Of these difficulties directly. IL cannot be-
SLOW capital or compel men TO work for low wages
What can 1t do II needs money for itself and must
have H. 1t raise money by discriminating in it,
imports AGAINST the foreigner and in favor the Amer
can as TO remove both difficulties. difference Of five
or ten twenty per cent in the tar certain fabric
added to the expense Of importatons will make the ell
tire difference.
Bu IL Is said that people viii buy foreign good. lust
because Is the fashion, To limited extent this true
but to The Of fabrics II Is not So family buy
eu English carpet because Is better aud 6uer at the
price than an American So OF a thousand things
hailioid directors would pytfsr American iron il il
were cheap as English. Two-.hrds of the msuufac.
tured articles imported would be replaced by American
articles, if they were as good and cheap.
Bot IL is replied that that this Il taxing our
people to support manufacturers. This is plausi.
he, bot unsound The prosperity Of the whole coun-
try Is tue prosperity Of the individual. Suppose
hundred millions OF money be drawn this year from
the bowels OF the mountains Of Pennsylvan in the
shape Of coal and iron, which would have lain there
OF no more use than much EARTH and this hundred
millions he speut in Pennsylvania will not all Pennsyl
wants be better able TO buy goods Will Pennsylvania
not be able TO pay the slightly increased tariff with rag.
ncnt Of these hundred millions? The stmuant needed
Tor this production is the whole outlay but that a
nouut oUiy by which the foreigner can undersell US
The miner aud manufacturer will thus aid in the support
OF the mechanic, the workman the professional man. the
cutire community.
And why should the Southern planter prefer foreign
market il Americans viii pay him the same price for his
cotton2
The ren,dy. then, for ovsr.imporiaton Is not mere
rugsity hut bone production, made possible by req.
sOanble tariff England has capital and low wages aud
i seller TO the world Of manufactured articles aud
buyer OF raw material OF free trade her in.
isrs W. lack capital pay high wages sell raw mate
rial and buy manufactured fabrics OF course free trade
10 our ruin, aud protection our interest. Whenever
soil fabrics equally good in all respects cheaper
rate than England aud FRANCE, oyer-importaon will
Of once.