FREE BOOKS

Author's List




PREV.   NEXT  
|<   203   204   205   206   207   208   209   210   211   212   213   214   215   216   217   218   219   220   221   222   223   224   225   >>  
undersell the inhabitants of Hindostan in the manufacture of muslins from cotton growing on the banks of the Ganges; but with all the advantages of chemical manure and tile draining, it is undersold in the supply of food by the cultivators on the Mississippi. This being a fixed law of nature, evidently intended to check the growth of old states, and promote the extension of mankind in the uncultivated parts of the earth, it is in vain to contend against it. So violently does free-trade displace industry on both sides, where it is fully established, that it is scarcely possible to conceive that two nations should at the same time run into the same glaring mistake; and thence the common complaint that no benefit is gained, but an infinite loss sustained, by its establishment in any one country, and that reciprocity is on one side only. As no adequate exchange of manufactures for subsistence is thus to be looked for, there must arise, in the old state, a constant exportation of the precious metals, attended by frequent commercial crises, and a constant increase in the weight of direct taxation. Should it prove otherwise, and two nations both go into the same system, it could lead to no other result but the stoppage of the growth of civilisation in the young one, and the destruction of national independence in the old. The former would never succeed in establishing commerce or manufactures, from the competition of the steam-engine in its aged neighbour; the latter would become dependent for subsistence on the plough of the young one. The rising agricultural state would be chained for ever to the condition of the serfs in Poland, or the boors in America; the stationary commercial state would fall into the degrading dependence of ancient Rome on the harvests of Egypt and Lybia. Had it not been for the calamitous issue of the last harvest, in a part of the empire, it might have been difficult to say, to which side the weight of reason preponderated in these opposite arguments; and probably the people of the country would have continued permanently divided on them, according as their private interests or wishes were wound up with the buying and selling, or raising and producing classes in society. But an external calamity has intervened;--Providence has denied for a season, to one of the fruits of the earth, its wonted increase. The potato-rot has appeared; and nearly the whole subsistence of the people in the south and wes
PREV.   NEXT  
|<   203   204   205   206   207   208   209   210   211   212   213   214   215   216   217   218   219   220   221   222   223   224   225   >>  



Top keywords:

subsistence

 

manufactures

 
constant
 

people

 
growth
 

country

 

weight

 
increase
 

nations

 

commercial


degrading

 

harvests

 

dependence

 
stationary
 

ancient

 

America

 
rising
 

commerce

 

establishing

 

competition


engine
 

succeed

 
destruction
 
national
 

independence

 
neighbour
 

chained

 

condition

 

agricultural

 

dependent


plough

 

Poland

 

society

 
classes
 

external

 

calamity

 

producing

 

raising

 

buying

 

selling


intervened

 

Providence

 
appeared
 

potato

 

denied

 

season

 

fruits

 

wonted

 

wishes

 
interests