Western sentinel. [volume] (Winston [i.e. Winston-Salem], N.C.) 1856-1886, 1882-03-02
NO. IL.
orth about Il home, market he


. mise no more cotton than will sup
ply the nome ma, ket that is, the
New England factorics- AMI for
the farmers os' the West To grow no
more provisions than would feed
the operatives in those factories,
and let tie great benefits of q for
eign market, export and impors,
slip from our hands. What a de-
lishttul prospect for protected
manufacturer. The raw material
and the necessaries OF life ar his
! own price, and his wares protected
against the competition of all tho
world bv tariff of over SO psr
cent. Mr.. President, if the task
were imposed on me Of depicting
lankce heaven, | should say thas
this description ended my labors.
The utter ahsurdity of such a poll
cy, viewed in the light of the true
principles of political economy, is
only equaled by its shameless sell
tishness Surely, Mr.. President, I
need not invoke the great names of
that science OF sciences, OF Adam,
Smith, and the long list whicl, om-
braces the brightest of mankind,
to prove that Il nation cannot get
rich by trading with itself-by
policy of absolute exclusion. "A
! well might we say tln?t the supply
Of water in house could be in
creased by distributing it around
IN different vessels. There is le-
gend have heard which the rah-
bis inform me is not to be found in
the Talnnd which says that The
three Hebrew children, Shadraell,
VI s!ach and Abcdncgo, while in
the fiery furnace and excluded
from the competition Of foreign
Paupers, snapped jack knives
among themselves until each one
had made q dollar and half and
got the best knife. | commend this
illustrious instance Of the benefits
of Il home market 10 the prayerful
! consideration of the Senator from
Vermont = X Il
Il this idea of excluding all for
! eign trade slnul prevail and the
South aud West We're to accept the
po,c'y OF the Senator and grow no
/ bread OF cotton except for the home
II. arkct, it would be interesting to
inquire what would become of us 4.
And il we Went To manufacturing,
as we are advised, what would be-
come et New Englandl And uf-
ter we had supplied the home mark
ct where could we sell anything
cisc. How could we then pay
high wages and compete with pau-
+ per labor if we cam OF do it now
! And if we sent ont no agricultural
! proiucts or manufactures, would
] we not have to send abroad gold
j Tor ali we got +. Such advice OF
course is not in good faith it is
on v feeble effort to reconcile the
people Of the agricultural regions
to a protective tariff, What would
become of our foreign trade it such
an idea was carried out, and where
would go that balance Of trade
created Tor us by onr agricultural
products alone! Yet this whole
sale national ruin is graveiy advis =
ell by the disciples Of protection.
i One orator in that tariff convention
went SO far rs to exclaim:
We do not want market in Llvef
pool or i'll Manchester; bat VIC
want our food to be consumed by
) Americans, under our own flag.
Which sentiment was received Il
with great applause and laughter.
He certainly Was IN favor of n
home market if he did not have
common sense.
Admitting, rs in common honcs-
tv they are bound to do tho ab =
: stract injustice of taxing The many
for tie benefit of the few, the pro-
tectionists confess and avoid by
! saying that protection really helps
all classes by furnishing a home
market to all. and enabling tho
:, manufacturer 10 pay higher prices
to the agriculturist, Now, if tho
three million people engaged in
, manufacturing could consume all
: the surplus raised on our bounte
ous soil, in our magnificent climate
By the other forty millions OF
F., tho American people, there would
;. be some sense III the proposition.
: But We k@ow they Cannot, anc
: the attempt to subordinate the III
:, terests OF the great mass OF the
). people to the convenience and pro
fit Of fraction, by shutting them
off from the markets of the world
:, is IMPLY an outrage. 1t has Meth
: cr political economy, nor Justice
= nor Constitutional law to justify it
: That it helps man>to tax him 70
:, the pocket of another man is a New
England proposition that need
protection also, badly. Take
4 for instance, the cotton planter il
:; the South. That great industry
! | fear to call it an american in
= ustry"-fu,nished last yeai S211
:, 535, ,905 towards the aggregate q