Year: 1869


dental expenses, and loss of profits to all.
The cotton and corn thus receives higher
price. The capitalist can pay his work
men higher price for his labor, and still
make larger percentage while selling at
alower price and getmore, while the opera
tive for the same money can purchase more
bread. La other words, bring English
| capital and English operatives to Ameri-
ca, the cotton planter and the Ameri-
eau farmer, who are large consumers of
the fabrics, the English capitalist and
the English artizan, who make and sell
them. can all get larger return for what
they do.


How can English capital and English
labor be brought to America? Manifestly
| by making it vastly more lucrative to that
capital to be used here; and by starving
the English laborer into the necessity
to emigrate to this country. Raise the
protecdBn of home manufactures, and
you encourage the investment of capital
here, because money can be made by 1T.
| Capital is proverbialy shrewd, English
capital will go where it can reap the lar
gest profits. Thus the market here for
English goods will be cut off by home
production and English starvation pri-
ces must be reduced so low that Eng
lands operatives can no longer live on
such wages as English capital can afford
to give. Laborers must come to America
then, or starve. They must emigrate, and
they will. The protection now afforded
by our revenue tariff is fostering manu-
featuring establishments here-is drawing
capital here from abroad-for investment;
and the emigration to-day from England
to our land-although now burdened
with unprecedented taxation-was never
before so great. England doubtless will
lose; but America will gain both capital
and labor; and capital will receive a lar
ger compensation, while humanity will
rejoice that the to;ling laborer is better
paid and fed. England wishes Free
trade; it is her only source Of hope to
sustain her predominance as first class
power We do not owe her the obliga-
tion to sacrifice the welfare of man, and
the highest future welfare of our own
nation to her interests.


Protection seems present burden to
the consumer of cotton fabrics. But the
inevitable results Of protection, the bring
ing of The manufacturer to the cotton
planter and to the farmers door to pur-
chase the products of the soil, and to
make and sell the products Of the loom
will soon repay many times the sacrifices
which are at first required. As it would
be in regard to this one description Of
fabrics considered, so would it be in re
gard to all descriptions of fabrics which
can be wholly produced in our own land.
| The manufacture of Iron is an example.


We soon shall drive English iron out of
our market; and yet make so much very
soon as TO render iron as cheap as if
England could still bring hers here.
Her capital and her labor will come to
make iron for us here at vastly better
advantage than they can make it for US
in England and both her capital and
labor, On our soil, will help US pay our
debts. and build up our interests
| Protect protect literally, and the sure
reward to every farmer, every cotton
planter, to capital and to labor of every
description is near at hand. What Eng
land sees would drain her of her capital
and labor, and national prestige, will GER
tainly give as. all. Humanity will be
blessed five sagaciousy, patiently, firmly
seize it at the easy cost Of protection
which will speedily ensue to our untold
advantage.
|