Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1873-09-29

thus we see how Ensley's plan, even if his
own prosperous dreams were realized,
would gorge our cities with dealers, who,
in the scramble for trade would run
each other to death. The truth is, we'd
have = business panic here in six
months, and that is what we don't want
Just about this time. You may consult
any business man i'm town, and ! feel
confident he Will confirm the sOundness
of these views by an unqualified assent
to them.
But Wine eommeree or the mere busi-
ness of exchanging values is done to
excess, we find palpable deficiency in
the other branches. That is in agricul-
ture and in manufacturer. speak now
with exclusive reference to this country.
Agriculture Is deficient both in the
quality Of its productions and in the
quantity of them. Our cotton product
last season was composed Largely of in
ferior fiber, which had to be sold at low
priceT. A more careful system of hus-
bandry would have brought hs Iifty mil
lion more dollars. In every department
Of cur agricultural industry similar de-
nciencies may be found. Then as to
quantity l have the same complaint to
make. We import inrnense quantities
OF hemp, wool, Wine, hops, sugar aud
fruit, why not encourage the more eS-
tensive productions of these articles in
our States? Here Is a field in which the
economical genius of Mr.. Ensley NAV
roam for months and find constantly
new objects for the profitable exercise Of
his peculiar powers. Whatever he
might do in the way OF promating the
hon ftnvw sa--Ns. ,s.FH r
dustry would be certain to result in a
permanent good, and in a solid increase
of wealth from which taxes could be
Withdrawn without being felt and with
out working disaster all around. Then
in the great interest Of manufacturing
We find by looking over the field how
sadly we are in need Of new develop
ments and Of extension of old devel-
opments, SO to speak. Here again the
long line of imports from foreign couu-
tries will reveal wonders to those who
wish to learn OF our deficiencies in man
ufacturing. We still import. mind Won.
three or four hundred thousand tons of
iron from England, notwithstanding the
fact that we havetw Hundred million
tons of that metal in Missouri and as
much more scattered through the noun
tains of our own State which Is availa-
bic for manufacturing. Nearly every
sort of fabric that we or our wives
wear Is imported in great abundance.
We import jewelry; we import all sorts
OF glass aud Chinaware: we imDOrt
leather aud even boots and shoes; weim.
port gloves, raZOrs, knives and cork
screws. Thus it will be seen that there is
ample room and verge enough for the
nj fpNT IF
OF skilled hands in way that would en-
nch the country and contribute TO swell
the gleanlngs of the taX-gatherer in q
manner that would not he an injury and
a burden to any class. Those busy
hands would create wealth; solid and
permanent men of business can only
add an ephemeral and fictitious value at
best to anything. II takes design and
force to add permanent value.
think l have said enough about the
respective conditions of our trinity of
activities es-agriculture, manufactures.
commerce-t0 show that Mr.. Eusley's
theory OF taxation was conceived solely
with the view OF benefiting commerce,
a branch that needs no encouragement
now, lnasmuch as there are too many
engaged in 1t at present, and that the
proposed encouragement would only
work injury to the community. Our in
ternal commerce and traffic needs no
Our International traffic
may. II there is favor to be shown to
one class ofindustries more than another,
to one class Of interests in preference to
others, the facts that l have stated in re-
latiOn TO the condition of agriculture and
would naturally lead one
to think that those branches Of industry
deserve attention from the legislatures
Of the country. M.