, 1866-03-23

be actually produces national wealth faster
than his competitor. Ar. Mill very singular
ly ignores the fact that an American mechan-
ic can do as much work in day and prodace
as much wealth In q given time as English
en. He refuses TO perceive that all things
common to Europe aud America, cost lie
same amount OF labor TO produce them. lie
fails to point out nuy business In which our
ar isars cannot produce national wealth as
fast by working at their trades, aided by
steam and Water power and labor
saving machinery. as mechanics in Europe
lie tails 10 point ont how they could
Fay for the goods they now produce
with fewer da>' u work ut some o!tcr employ
ments, ii they imported those goods. In
short, he faI1s 10 show anything except his
strong desire to hare his countrymen drive
ours ont Of their. work shops, which Is
a very benevolent purpose, to be sure.
It is nlegitimate and unwise to purchase
from foreign nations good md wares Which
can be produced at home with an equal
amount of labor and skill, and to pay for
them in bulky treadstuf1s, Al We in any event
lose In the transaction to the extent OF the
enormous cost Of transportation. five need
the product Of the foreign mechanic, let us
import rim, not his WIRES. Then he and us
will save MI that the middlc.mcn would
raw materials to Europe. He can do as much
work and create wealth as fast in Ills new as
in his old home. The true law Of barter and
exchange of commodities With foreign na-
tons IS, to buy from them what We need md
cannot produce in equal Quantities with equal
labor at home, and pay for it with onr sur
not fully produce. Thus wo SHOULD
purchase Tea from China, coffee from Brazil,
sugar from Cuba, spices from India, IVORY
and palm from South America, raw silk from
France, and TIN and skilled artisans from
Epgland, (and that is about all she produces
that We need Of hcr,) and pay for those
uIn, hi.hwines, and manufactures Of an
kinds Such barter embraces Ill that con-
duces TO national wealth.
In the language OF one Of the resolutions of
the Chicago Protection mass meeting, "lt Is
great blunder In political economy for the
rope; set Il Is TACT established by the T1ea-
sarJ reports that We purchase Eve time as
.nueA EuToEeaH brsaa and nstdt in the shape
Of manufactures as ne ship to Europe. Aud
this Isl Sufficient reason why breadstudEs are
so low In Illinois. Il the manufactures pur-
chased abroad we're all made at home, they
would 20 add to the number Of consumers
that cvsry particle of brcadstufls produced
would find ready market In our own coun-
try, thereby saving the enormous cost OF
transporting food to Europe. and rendering
our market independent Of British price cur
rents. Nothing but the wonderful resources
Of our country and the marvellous recupcra-
tire powers OF our people enable Us to con
tinuc the huge btrnder We are committing in
our traffic with European countries"
Our British friends must possess their souls
In patience while We are giving our manufac-
turing industry Gir trial to see what 1t Is
eapabls OF accomplishing. Onr Yankee me
ehanics are quick to find out things. dar7ng,
ente1prisiDg, inventive, Initiative, but they
cannot perform miraclca-w1thout time. Give
them reasonable length Of time in which to
:practice their hand,' and they can eclipse
Tie world. To pull down the s:proteetion"
wall at the end Of five years, just when they
are fairly commencing business, getting the
'hang Of things" aud Initiating their ap-
prentlces In tie secrets Of the crafl, and
thereby overwhelming them with the compe-
titlon OF oyergrown establishments IN Europe
which have enjoyed while centuries of fos-
tering and protection, would be 4 crime
hgainst the public welfare. Let Messrs. NH,
Thompson and Bull call around twenty-five
or thirty years hence, and SEQ how We are
getting nlong, aud whether our producers are
yet ''tdueaied up to hs levez Of isose ,ulh
sehofa Me nsaaHtacturing processes are tradt-
fional." It will be premature 10 come much
sooner with view 10 repeating protection In
the Cn1ted States Of North America.