The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1866-01-03
Our Resources.---yiews, Of a Radical i, = !
-l-'Ft eh Protectfontst. AZ, siia4s. I

Our ReSources----yiewS OF a Radtcht
-fFf ~ ProtectfOntst, AZ siiass. Il
AT the meeting of the social science
association in Boston, "Wednesday,
Henry c. Carey, of Philadelphia, the
well known advocate of protection,
read an interesting paper upon our ma
tional resources. 40 Believers oi in free
trade will not accept his conclusions,
but they cannot eyade the forge of his
arguments, of which the following
sketch is given by the Daily Adgertiser;
Mr.. Carey began by comparing the
prosperity of various nations and States,
possessing more or less natural advan-
tages, and from the contrast thus drawn
dedueed the conclusion that, with soc1-
cites as with individuals, prosperity is
far less due to the nberality of nature
than to the usel that is made OF the
bounties of which they have been the
recipients-the question of the prosper
ity or adysEsity Sf nS9ns at aSe slH eatsnt as 81
their natural gifts, hut on the use that
;s made of those which have been ac-
corded. Studying the communities
which he had cited for comparison, the
sneaker said they would be found sus-
cepdble of division into two well de-
fiIed classes, one of which exports its
products in their rudest state, leaving
TO the others the work of changing their
forms and fitting them for cnnSump-
fion: and the other, buying the raw
products of other countries, combining
with them those produced at home, and
Sanding the two thus combined to every
marked of the world. In the first of
these, thesprice of1andf is low, capital
aIways scarce, and the capitalist Is al
tTavs master of the 1aborer. We are
thus led inevitably to the conclusion
that the growth of capital Is SLOW, ana
the price paid for itsI nse hlgn, an Ine
direct ratio of dependence on strangers
-forIfinfshinp and distributing the pro-
ducts OF, the soil;S while rapid in It's
Growth and declining in its price in the
ratio of the increase of that national
independence which enables each ana
every nation to exchange directly ana
without the need of foreign 1nterYen
tion, with each and every other. Ad-
hitting this, the extent of national re-
sources must maiply depend uponIthe
question whether the national poncy
pursued tends to promote or to depress
that independence. H. -, stLst III. 10 vs.,
In the United States. the South and
West export raw produce and pay at
| the hiqhest rate for the use of a very
little money, while the North and East
buy that produce and return it to the
ORIGINAL producers, with the addition of
heavy charges He then considered the
question, lWhy is it that poverty, high
interest and snbiection of the laborer
to the will of the capitalist are constant
attendants OF that course OF policy
which tends to limit nations to the two
pursuits of the trade and dagriculture?n
Fhis he answered with the following
practical Illustration a bushel of
wheat is produced representing, let US
saw, a dollaris worth OF mental and
physical force. The consumer being
close at hand, the producer re-entefS on
the instant upon the possession OF the
whole capital that has been, expended.
Consumers not presenting themselves
the farmer stores it inlhis barn, losing
so n1nch interest. A trader comes, and
he now takes upon himself the burden
Of, carving it, charging further inter-
est. IN this manner it passes from
SSnd 10 hand and from city to city
finally ind ling consumer in Lyons or
Manchester, having on the road paid IN
tjSe mere form of interest, perhaps hall
the, price at which it, has at last been
snIa What is true of the bushel OF
Wheat: isequally true OF the squantthes
of rye corn, cotton, tobacco, pork and
6asf IL at are waiting the arrival OF men
,oSe1,are,s Il 10 give in exchange for them
tseISS f;sr I1ftare, ploushs, harrows, and
the tho1 'Eand other icommodines
needed by the planters and farmers
Of the lEd ~ Ias nstritied Il @fSas Sanitai to
stasrss 81 l.orr;sd a. at the cost OF the pro-
Ss,Ser 9g e and Il &. IEifhtnsthe mark o.estis
I,ste the amoI. mt 50 standingis pet
,Isisd At f1e: pres, ant moment, at S5o9,-
0OO. .0OO. All OF, whiS IN bears g,
tasn sIlss az way, ISb zen labor w idle
and the mills and g9t55 6spS ib,g Z ! M ~
producers, midd1e me " q sVsay ssa, ,,sn., as
acription, to prOdue "
In probably any other co uAsLs s.st ~ ~
toTank as ciyilized, Fe.S a inert 1s It. ana md