list1-第28章
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amounted to the value of more than sixty million dollars。 As in the
days of the War of Independence; and as a necessary consequence of
the increase in manufacturing power; there occurred a rapid rise in
all prices; not only of produce and in wages; but also of landed
property; and hence universal prosperity amongst landowners;
labourers; and all engaged in internal trade。
After the peace of Ghent; Congress; warned by the experience of
1786; decreed that for the first year the previous duties should be
doubled; and during this period the country continued to prosper。
Coerced; however; by powerful private interests which were opposed
to those of the manufacturers; and persuaded by the arguments of
theorists; it resolved in the year 1816 to make a considerable
reduction in the import duties; whereupon the same effects of
external competition reappeared which had been experienced from
1786 to 1789; viz。 ruin of manufactories; unsaleability of produce;
fall in the value of property and general calamity among
landowners。 After the country had for a second time enjoyed in war
time the blessings of peace; it suffered; for a second time;
greater evils through peace than the most devastating war could
have brought upon it。 It was only in the year 1824; after the
effects of the English corn laws had been made manifest to the full
extent of their unwise tendency thus compelling the agricultural
interest of the central; northern; and western states to make
common cause with the manufacturing interest; that a somewhat
higher tariff was passed in Congress; which; however; as Mr
Huskisson immediately brought forward counteracting measures with
the view of paralysing the effects of this tariff on English
competition; soon proved insufficient; and had to be supplemented
by the tariff of 1828; carried through Congress after a violent
struggle。
Recently published official statistics(1*) of Massachusetts
give a tolerable idea of the start taken by the manufactures of the
United States; especially in the central and northern states of the
Union; in consequence of the protective system; and in spite of the
subsequent modification of the tariff of 1828。 In the year 1837;
there were in this State (Massachusetts) 282 cotton mills and
565;031 spindles in operation; employing 4;997 male and 14;757
female hands; 37;275;917 pounds of cotton were worked up; and
126;000;000 yards of textile fabrics manufactured; of the value of
13;056;659 dollars; produced by a capital of 14;369;719 dollars。
In the woollen manufacture there were 192 mills; 501 machines;
and 3;612 male and 3;485 female operatives employed; who worked up
10;858;988 pounds of wool; and produced 11;313;426 yards of cloth;
of the value of 10;399;807 dollars on a working capital of
5;770;750 dollars。
16;689;877 pairs of shoes and boots were manufactured (large
quantities of shoes being exported to the western states); to the
value of 14;642;520 dollars。
The other branches of manufacture stood in relative proportion
to the above。
The combined value of the manufactures of the State (deducting
shipbuilding) amounted to over 86 million dollars; with a working
capital of about 60 million dollars。
The number of operatives (men) was 117;352; and the total
number of inhabitants of the State (in 1837) was 701;331。
Misery; brutality; and crime are unknown among the
manufacturing population here。 On the contrary; among the numerous
male and female factory workers the strictest morality;
cleanliness; and neatness in dress; exist; libraries are
established to furnish them with useful and instructive books; the
work is not exhausting; the food nourishing and good。 Most of the
women save a dowry for themselves。(2*)
This last is evidently the effect of the cheap prices of the
common necessaries of life; light taxation; and an equitable
customs tariff。 Let England repeal the restrictions on the import
of agricultural produce; decrease the existing taxes on consumption
by one…half or two…thirds; cover the loss by an income tax; and her
factory workers will be put into the same position。
No nation has been so misconstrued and so misjudged as respects
its future destiny and its national economy as the United States of
North America; by theorists as well as by practical men。 Adam Smith
and J。 B。 Say had laid it down that the United States were; 'like
Poland;' destined for agriculture。 This comparison was not very
flattering for the union of some dozen of new; aspiring; youthful
republics; and the prospect thus held out to them for the future
not very encouraging。 The above…mentioned theorists had
demonstrated that Nature herself had singled out the people of the
United States exclusively for agriculture; so long as the richest
arable land was to be had in their country for a mere trifle。 Great
was the commendation which had been bestowed upon them for so
willingly acquiescing in Nature's ordinances; and thus supplying
theorists with a beautiful example of the splendid working of the
principle of free trade。 The school; however; soon had to
experience the mortification of losing this cogent proof of the
correctness and applicability of their theories in practice; and
had to endure the spectacle of the United States seeking their
nation's welfare in a direction exactly opposed to that of absolute
freedom of trade。
As this youthful nation had previously been the very apple of
the eye of the schoolmen; so she now became the object of the
heaviest condemnation on the part of the theorists of every nation
in Europe。 It was said to be a proof of the slight progress of the
New World in political knowledge; that while the European nations
were striving with the most honest zeal to render universal free
trade possible; while England and France especially were actually
engaged in endeavouring to make important advances towards this
great philanthropic object; the United States of North America were
seeking to promote their national prosperity by a return to that
long…exploded mercantile system which had been clearly refuted by
theory。 A country like the United States; in which such measureless
tracts of fruitful land still remained uncultivated and where wages
ruled so high; could not utilise its material wealth and increase
of population to better purpose than in agriculture; and when this
should have reached complete development; then manufactures would
arise in the natural course of events without artificial forcing。
But by an artificial development of manufactures the United States
would injure not only the countries which had long before enjoyed
civilisation; but themselves most of all。
With the Americans; however; sound common sense; and the
instinct of what was necessary for the nation; were more potent
than a belief in theoretical propositions。 The arguments of the
theorists were thoroughly investigated; and strong doubts
entertained of the infallibility of a doctrine which its own
disciples were not willing to put in practice。
To the argument concerning the still uncultivated tracts of
fruitful land; it was answered that tracts of such land in the
populous; well…cultivated states of the Union which were ripe for
manufacturing industry; were as rare as in Great Britain; that the
surplus population of those states would have to migrate at great
expense to the west; in order to bring tracts of land of that
description into cultivation; thus not only