18^. IMAGE EVALUATION TEST TARGET (MT-3; /. ^ #e 1.0 I.I i! |50 '""^= L25 ill 1.4 M 2.0 u 1.6 -I/O Sciences Corporation 23 WS-ST MAIN STREET WEBSTER, N.Y. 14580 (716) 872-4503 ,\ iV <^ ■<«> % *, -« ^^> lb- « ^ CIHM/ICMH Microfiche Series. C!HM/ICMH Collection de microfiches. Canadian Institute for Historical Microreproductions / Institut Canadian de microreproductions historiques ^ ^^ ^O . <^. p >> ■\j~ Technical and Bibliographic Notas/:^otas tachniques at bibliographiquas Tha Instituta has attamptad to obtain tha bast original copy avaiPabIa for filming. Faaturas of this copy which may ba bibliographically uniqua, which may altar any of tha imagas in tha raproduction, or which may aignificantly changa tha usual mathod of filming, ara csls.)ftransi)oitiii{;wheatl coffee, to the advantage of t e nrierchant— of ourfromoursideottlu'lineissonmchlow-i wool, to the furlher advantage ol the cultivator Li than from theotlier,1liiU both now pass throuu'h | of the lands— of inmber, to the advantage ot the New York on their way to Liverpool. Hence man who has land uncultivated, that be desires it is that iheif has arisen so vehement a desire i to clear—of cotton and Indigo, to the bcneht ol for commercial reciprocity, and even tor annex- : the planter— and thus it is that every interest ation. The protective system has thus not only ! in the country profits by the transfer of the poor the effect of biinsing consumers to take their cultivators ol Ireland, and of German;)f, to the places by the side of the producer, facilitating also the exportation of the surplus to foreign markets, by diminishing outward freights, but the turther one of producing among our neigli coal fields and iron ore beds of the Union. The young Englishman who aspirea to be an operative spinner, and now fills the place of the latter in his absence, receives 7s. 6d.— $1.80 hours a strong desire for the establishment of! per week,* the price of two bushels of Indian the same perfect freedom of trade that now i corn. Place him in Alabama, and he will earn exists among the several States, by becoming ' the jjresent price of twenty bushels, and he will themnelves a part of the Union. Protection, ■ then eat more and belter lood, and consume ten therefore, tends to the increase of commerce pounds of cotton where now he consumes but and the establishment of free trade; while the one. -c i j British system tends everywhere to the destruc- , The hand-loom weavers, of whoni tngiana tion ol commerce, and to the production of a has 800,000, without work for one-tbird ol the necessity for restriction. , number,! consume little food or cotton. Irans- We see, thus, that if we desire to secure the ^ fer them here, and they will become large command ol that which is falsely called " the great grain market of the world," it is to be effected by the adoption of such measures as will secure valuable return freights. The most costly and the most valuable of all are men. The least so are pig iron and coal. The more of the latter we import, the larger will be our surplus of food, the higher w ill be the outward freight, internal and external, the gr,;ater will be the waste, and the poorer will oethe nirmi;r. The more of the former we import, the smaller will be our surplus of food, the lower will be consumers of both. The agricultural labourer of England receives 8s. or Os. a week— little over the price of a bushel and a-half of wheat. Transfer him here, and his services at, a miner, or labourer, will enable him to earn the price of five or six bushels. He will then consume more and bet- ter food, and largely of cotton. The poor Highlander, driven from his native hills to make room for sheep, starves in the miserable lodging-houses ol Glasgow.t Could he bo transferred here, he would become a large will Oe UUl SU1|MU3 . j 1 1 V, • the outward freights, and the more numerous i consumer of ^ood and clothing, will be the commoditieb that can go to Europe, i Our present policy is directly the reverse rt to be given in exchange for luxuries that now ; all this. We are exporliiig nnen by tens of we cannot purchase. thousands to California, and by huiidreds of Were we now importing a million of men annually, the downward freights on our canals and railroads would be greatly diminished, while thousands to the west, thus diminishing the power of combination of action, and increasing the necessity for ships and wagons to carry theii- the outward freight across the ocean would be I produce to market. Thus far the immigration little more than would pay the cost attendant j has been maintained, and freights to Europe upon loading and unloading it; and yet we ' are consequently low ; but, with the diminished should be building ships and steamboats, and' making railroads at a rate of which we could now form no conception. By aid of these men, coal and iron would be produced by millions of tons, and the increased facility of obtaining food and iron would give new facilities lor building cotton and woollen mills, and type foundries, and printing offices, and all the men employed in them would be large consumers of food, and thus v/ould the farmer gain on every hand. The labourer, in Ireland, obtains 6d. or 8d. lor a day's labour when employed, but the ave- rage of the year is even less than the former sum. He is our great customer for Indian corn, the cost of which, by the time it reaches him, is about 4s. or five times what it has yielded to the farmer, delivered on his farm. Eight day's labour are thus required for the purchase of a bushel. Transfer that man to the coal fields of Ohio and Indiana, and he may purchase far more by the work of a single day. He at once j The gtandard of tU« Ceunpb«llB, who inhabited thi» becomes a much better . customer for food, and ^ region, bore » pins. * London Economist, vol. vi., p. 269. t Edlnburgli Review, October, 1849. t A recent British journal, speaking of the Queen's visit to Scotland, thus describes the effects of the deso- latine policy that has been pursued in the Highlands :— "The untilled hills and slens tell their own story most effectually. The sheep farms, of twenty miles length and breadth, proclaim the d»rk character of that policy which is foat maliing of the Highlands a great hunting ground. Iler Majesty is topass through a land of Ameers. The same wretched policy an that which has desolated Scinde, originating in the game miserable cause— the selfishuess and pleasuro-soekmg of the owners— has laid waste the Highlands. Ihoy want a Sir Charles Napier— a legislative not a militaiy Napier. They need the repeal of the game and entail laws; and with those laws repealed, in twenty years there would be no difficulty in finding a population to welcome the monarch, on the beautiful but now desc^ late shores of Loch Long and Loch Awe. The plneB* would flourish again; and newspaper reporters would not be weighing the question, whether there be or not a habitable house, where they might rest, within ten miles of Loch Laggan."— iVorth Britiih Mail. ^^S^^SK^'ti W»< iv HOW PROTECTION AFFECTS THE PARMEB. wages of the labourer, immigration must tall off, and then freights must rise, and thus the same measures that diminish the hom« con- sumption must increase the cost of going to the distant market. The cost of the voyiifi;e out and home must be paid by somebody. If there is no return freight, the farmer or planter must pay the whole. It there is a large and vnluiible return freight, he need pay scarcely any portion of the cost. To Calilbrnia we must pay ull the outward freights, tor there is no cargo to he returned. Bulky urtioles, ihe produce of the farm, cannot, tlierefore, go from here; and the Consequence is, that every emigrant to that country is a customer lost to the farmer, and a customer, to a diminished extent, to the planter. The most costly and most valuable of com- motlilies, as I have already said, is man. The more valuable the commodities that can be imported into any country, without going in debt for them, the richer that country will grow ; and this is equally true of every state, country, township, town, &c., into which it may be divided. Of this no one can doubt, and yet every portion of the Union is engaged in export- ing to the west, to Texas, Oregon, and Cuiitor- nia, this most valuable of all commodities, receiving nothing in return. We import now hundreds of thousands, yet the old States retain scarcely any of them. All must go w^est, for the working of mills and furnaces is stopped, and the building of mills is at end until we have a change of policy. Such is the effect of the colonial system, established for the purpose of preventing combination of action among the people composing various nations of the world, and maintained by the pursuit of measures des- tructive alike to the interests of the people of England, and of the world at large. " Many of our manufacturers," says a Manchester bro- ker, " have exported to a loss, and if, by so doing, they have kept Ibieign competition at bay, and checked the increase of industrial establish- ments abroad, it is an unenviable success ; still," he adds, " as this country is doomed to be a manufacturing state, nothing remains but to beat or be beaten. "§ These losses are of perpetual recurrence. They are a natural consequence of the " war upon the labour and capital of the world," in which England must " beat or be beaten." They must be paid by somebody, and they are paid by the labomers of England, who are compelled to work at diminished wages; but to a r»)uch greater extent by the labourers of the world, who are compelled to I') idle, earning nothing to pay the farmers and planters for food and clothing, when they would gladly be em- ployed, earning wherewith to feed and clothe themselves and their children. How small is, under these circumstances, the power to consume food, will be obvious to those who see that three-fourths of the people of England are consumers and not producers ; and that yet their import of grain of the last two years of free trade is but two bushels per head. 2 C'jrcular of DuFay 4 Co., March 1, 1R4«. How insignificant i« 'he quantity she takes flrom us, and trivial the aniount when distributed among the people of the Union, may be seen from the following statement of the last two years of comparatively large export : — Year ending June 30, 1848. Flour. Wijkat. Corn. Cornmeal. Barrels. Bushels. Bushels. Barrels. 958,744 1,531,000 5,062,000 226,000 Year ending August 31, 1849. Flour. Wheat. Corn. CornmeaL. Barrels. Bushels. Bushels. Barrels. 1,114,016 4,684,000 12,721,000 88,000 The last and largest amounts, in round num- bers, to I0,000,000of bushels of corn. Deduct- ing the trani.portation, the cost of this on the farm may be taken at not exceeding, and pro- bably not equalling $10,000,(K)0, or less than fifty cents per head for the people of the Union. What is the prospect that even this amount will continue to be exported may be judged by the facts, that nothing but the exceeding lowness of freights has thus far maintained the export, and that calculations, base-* upon the low price of tood in Europe, are now being made upon the export of grain to this country. " The accounts that have reached us from your side, about the crops, have led to an idea here that it is not improbable the ynited States may become an importing country for grain, aa on some previous occasion about ten or twelve years ago. We regard this as highly improbable ourselves, although Sturges allude to it in their commercial circular to-day. It is said Mark Lane governs the world's grain prices ; and, if so, the European range may certainly be ex- pected to be very low, for the fall here is fully OS. to 6s. per quarter, one-sixth of the entire value, within the last month. Oats are down to 16s. per quarter." — London Correspondent of the National Intelligencer. The shipments of both wheat and flour have already fallen off in a most extraordinary degree, since freights have somewhat advanced. In September, flour was carried to Liverpool for 6d. a barrel, and sometimes even less. The lapse ot two months has brought the charge up to 18rf., and the effect is shown in the fol- lowing statement of the export from the princi- pal ports of the Union, from the 1 st of September to the latter part of November : — Fincn. M^At. Wheat. Corn. Bbla. BblB. Bush. Bush. m49 118,000 1.210 212,500 544,874 Lastyear same period 401,000 27,754 849,350 3,447,820 Deereai«) 373,000 28,544 688,846 2,902,946 Notwithstanding the large increase of agricul- tural population, the quantity of wheat and floor received at tide- water on the Hudson, shows a diminution, while the only increase is that of about 2,000,000 of bushels of corn, which fbund 11 market abroad only because of the very low freights. The import of men has made a market for $20,000,000 worth of food ; and these people, once here, remain consumers of food, and citt- HAtlMONY OK INTERKST. tomers to the farmer, unless compelled to become proiluccri of food and rivals to the tarmer. The •' threat grain market of the world" has absorbed half as much, because of the low freights, but with the advance of freight it is now diminishing, and must still further diminish with the continuance of the advance. " Since the commrtation.* Close the woollen mills, and the price must fall to the level of the markets of Europe, minus the cost of exportation. The increased supply then would, as i matter of course, produce a fall of prices ; and then the sheep grower would be ruined. The changes of policy, of the last twenty year*, have several times ruined the wool manufacturers ; and th« sheep growers have as of\en exterminated their flocks ; the consequence of which is, that we have less than 30,000,000, when, if the policy adopted in 1828 had been maintained, we should now have 100,000,000, and a market for their whole products, at higher prices than now ; for the prosperous labourers, miners and mechanics, cotton growers and food growers, would then consume six pounds where now they consume but three ; and the number of our population would be greater by 7,000,000 than at oresent. The discord that now exists is the result of the " war upon the labour and capital of the world" maintained by England ; and when peace shall have been restoied, by the abolition of the mo- nopoly, it will be round, that, between the interests of the sheep grower, the producer of food, Che mii.-'r and the mechanic, there is perfect harmony. • Much of the wool that was sent to Europe was returned, the priae abroad twing leu than the price at home, by more than the cost of transportation. Such will be the case with food, when the farmer shall make a market on the land for all the products of the land. K ':7^i±..:.^^a