Richmond daily Whig. [volume] (Richmond, Va.) 1842-1861, 1861-03-18

7
noursbment Let us examine whether, like the bomb
she'll with fuse already lighted, It is not charged win Tue
material for It's disruption, and only waits us aoteu
moment Of explosion.
free population of little two millions OF souls,
spread over an immense Of country having large
ndented seaboard, and long, struggling interior IRON
tier have formed union of Independent States 10
each of which entering the confederation is reserved
the right Of seeding from the partnership whenever
faucul or real cause pque, jealousy or change OF
feeling prompts her. To preserve this Union, therefore,
all must be satisfied. The poor as well as the rch the
merchant the sugar planter, aud the coon-grower. but
the cotton grower of South Carolina whose exhausted
and poorer soil will not enable him TO raise as lruui
crops as those Of the rch lands on the Mississippi
will soon desire to find cheaper labor to Offset the
difference of land and claim that to get along, ne must
be allowed to have his imports admitted at lower rate
of duties and 10 cheaper his labor by importing II drect
from Africa. This will naturally meet with opposition
from the other States but of course Carolina will pre-
fer her own interests to those OF Mississippi or Others
and secede again, and whenever interests conflict
ad infRitlna.
Here therefore, is an element which or later
will produce separation. But, as if to verify the old
adage Of Quein Deus UWlt perdre pris demendt, the
Government perhaps from the real necessity oil the
case perhaps from false idea OF the practical workings
of commerce. have already sown the seeds OF disruption
From population of two millions OF free inhabitants
they have TO raise, as minimum revenue oil forty mil
lions of dollars, perhaps more They begin 10y placing
tariff of ten per cent all imports other than provl-
siuns IL is obvious that the amount OF imports OF all
kinds exceed the exports which for these seven
States DO not exceed 100 millions, while one-halt the I'M
ports are free goods. Allowing three per cent for the
cost of collection this tariff will yield net revenue OF
little over five millions of dollars; leaving thirty-hve
millions TO be provided for by direct taxation II said
that they propose 20 charge duty on goods passing
through their territory bY means OF their railroads and
rivers to the United States beyond but as unquestion
ably the United States would collect their own duties
likewise along their frontiers, the double duties
would soon deprive them of this source OF revenue
Their railroads and rivers would be deprived OF large
of inland trade which they have hitherto ENJOY
Q from North Carolina Tennessee Kentucky and other
States which would pass to Wilmington, Norfolk, BAti-
more and other United States ports.
Asa revenue measure they have already laid an ex-
port duty Of one-eghth Of cent per pound on cotton
wach they propose TO increase TO cent The effect
of this will be to increase the cost OF cotton one cent
hound aud will yield revenue Of fourteen millions oil
Gors only This necessarily comes either out OF the
pocket Of the consumer or the producer II 1t comes
out of the producer, then 1t is bonus TO the planters oil
North Carolina and Tennessee and Arkansas Who being
in the United States will have export duty of one
cent per pound on every bale OF cotton they can raise
or send 10 market If the other hand 1t falls on the
o1sumer, then the New England manufacturers using
the Tennessee and Arkansas coron will have protec-
tive duty as against the English Of a cent pound on
the raw cotton in the market of the world. Il val be
sufficient 20 give New England the control OF the China
market 10 which she already sends goods IN competition
With great Britain to the extent OF fifteen millions OF
dollars. Il will act bonus on the production OF cot
ton all over the world.
In 1860 the supplies Of cotton from other sources than
America were about one million of bales bonus OF
c mt pound on this would be nearly four millions OF
dJljals-a very pretty ipducement to stimulate the
growth Of cotton elsewhere and lead growers to Increase
their quantity aud engage IN enterprises Tor It's pro-
ucon uutil gradually the almost monopoly of the mar
set will be lost the Confederate States 1t must be
evident 10 everybody that export duty on cotton, add
Cd to heavy taxation will drive the producer OF cotton
in the Confederate States seek other homes ana otter
co9geria soils on which to bestow their labor Mexico,
Nicaragua and Central America, where labor is cheap |
and soil aud climate suitable would soon be peoped Th
entrants from the Confederate States; while they, I'M
Oov,rished and weakened by taxauon and the loss OF
porl atom will become G cyphcr among the nations
Of the world aud will the control and protection OF
the new coloaies-the gardens fer cOtion-pass into
the hands OF Great Britain, France aud the United States,
all then equally interested in raising au Independent sup
ply Of cotton.
revenue therefore FROM export OF cotton IL selfdes-
ucton ten per cent duty on imports, ii coLtned 10
tlcs, of the Coaud.rate States OF ayaii-aud Moth
ing rcmius but direct taEa,on-aud It cannot be but
thl forty millions of dcars raised from population OF
Two m Hon souls or twenty dollars for each man.
m1u aud child, vii s.srtle the pockets OF the most san
guile.
Fancy Baltimore with its two hundred and fifty thou
SAM inhabitants forced TO raise government tax OF five
millions of dollars wear. Who would live here: And
indeed they Seduce the popuous aud wealthy Border
states into Joining lh ara footing the bills Tie cry
OF tac POLITICIANS tEe people has been "seccde, secede
"W,LhOld yolr cotton from market and By the first OF
April IL will be wcr;h twenty-five cents pound What
h IS been the ell Ct? King Cotton Ony rules over his
sIii,cts IS long they use him TO profit, and
where's tie very turmoil, confusion and stagnadon OF
business cOlst ueut secession, has made the prCh, TO
b, made on. oil h.G doubtful for some tme to come, lis
lt, IFS have ceased 70 come forward aud On the oath
mid tr.t itt-f. of
br; ag twenty-five c,n-sa pounds refused Il thirteen
% fifteen with every appearance OF decreased demand
Blu /, Is only sagaotol Of manufactures which has
caused this extreme depression. There deeper and
moro lasting cause.
About Of dollars are laid cut each month
in Liverpool in buying up the stock of cotton as it ar
rves But the threats Of dgmosliug the Union, with
holding aud groaiug the cotton, the seizure Of Gov
er ment property, the appropriation OF Government
FINDS in the Mint the expected State Of confusion an-
ar hv AID civil war have seriously affected the minds OF
foreign manufacturers and cotton brokers, to the
lance they NAV place on supply from America IN lu-
nre In consequence hsy straui0g every nerve 20
ensure future supplies from elsewhere In doing tbs
the7 have in January and February withdrawn fifteen
nioas Of dollars tLerellouts Of the capital usually
Invested IN the stock Of cotton and have RENTED il to
India IN gold for the purchase OF cotton there, whether
.Uccessuly moi is no longer the que ion II has d.
ni1shed their means Tor holding stocks OF cotton in
Great Britain shown by the scarcity OF purchasers
for that which is there Tor SAL.
King Cotton bids fair TO follow in the of his
brother King OF Nanies.
In January the shipping in New Orleans forty per
cent less than in the same month Of 1860! lt will fall |
oil more and more.
Then how natural il will be that present
alton with prospect OF heayiern future aud dminshed
means . meet it, will make the merchant and the plant
err the poo ma, ar@ the rich look back with regret
he good old times o. the soious onion, for which their
fathers fought, bed and died. but or which the sons
have refused 10 live.
Then will they see or their wives and their children
will make them see that the hackncyed cry Of Southern
rights was only the warcry oil disappointed politicians
That partners in the Union they should have claimed
aud insisted on their rights in the unon and not like
Eau have traded away their birh-right fer mess of
Pottsge.
Perhaps Gyen now the ieaven is WORKING. Perhaps |
even now the Union majority Of five hundred in Louis
lana is swelling into thousands But cone il soon or
come il late the reaction come, and the six South
ern States again live aud prosper under the banner OF
the grand old U4onthaL child Of Liberty, Graded in
the arms of peois and cherished into vigorous youth
at The cost of the blood and lives OF the heroes of li76
the children Of these fathers cast their heftage aside
because it is not periec-because not perfect they
bee7ei i 70 be?
A MILITARY PASSAGE Is THE HOUSE
IT, the Editor of the Wig;