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nation which gains entire possession of its own home market for



manufactures; gains in the course of time; by its home production



and consumption of manufactured goods; infinitely more than the



nation which has hitherto provided the former with manufactured



goods loses by being excluded; because a nation which manufactures



for itself; and which is perfectly developed in its economical



conditions; becomes more than proportionately richer and more



populous; consequently is enabled to consume infinitely more



fabrics; than it could import while depending on a foreign



manufacturing nation for its supply。



    As respects the exportation of manufactured goods; however; the



countries of the temperate zone (being specially fitted By nature



for manufacturing) have a special field for their efforts in



supplying the consumption of the countries of the torrid zone;



which latter provide the former with colonial produce in exchange



for their manufactured goods。 The consumption of manufactured goods



by the countries of the torrid zone; however; is partly determined



by their ability to produce a surplus of the articles peculiar to



their climate; and partly according to the proportion in which the



countries of the temperate zone augment their demand for the



products of the torrid zone。



    If it can now be proved; that in the course of time the



countries of the torrid zone can produce sugar; rice; cotton;



coffee; &c。 to an extent five or ten times greater than hitherto;



and that the countries of the temperate zone can consume five or



ten times more of these articles than hitherto; it will be



simultaneously proved that the countries of the temperate zone can



increase their exportation of manufactured goods to the countries



of the torrid zone by from five to ten times their present total



quantity。



    The capability of the Continental nations to increase their



consumption of colonial produce thus considerably; is indicated by



the increase of consumption in England for the last fifty years; in



reference to which it must further be borne in mind; that that



increase would probably have become very much greater still were it



not for the excessive taxes on consumption。



    Of the possibility of augmenting the productions of the torrid



zone; Holland in Sumatra and Java; and England in the East Indies;



have given us during the last five years irrefragable proofs。



England has quadrupled her importation of sugar from the East



Indies from 1835 to 1839; her importation of coffee has increased



even in a still larger proportion; while the importation of East



India cotton is also greatly increasing。 In one word; the latest



English papers (February; 1840) announced with great rejoicing that



the capability of the East Indies for the production of these



articles is unlimited; and that the time is not far distant when



England will make herself independent of the importation of these



articles from America and the West Indies。 Holland on her part is



already embarrassed for means of sale of her colonial products; and



seeks actively for new markets。 Let us further remember that North



America continues to augment her cotton production  that in Texas



a State has risen up which without doubt will become possessed of



the whole of Mexico; and will make out of that fertile country a



territory such as the Southern States of the North American Union



now are。 We may well imagine that order and law; industry and



intelligence; will extend themselves gradually over the South



American States from Panama to Cape Horn; then over the whole of



Africa and Asia; and augment everywhere production and a surplus of



products; and we may then comprehend without difficulty that here



there is room enough for more than one nation for the sale of



manufactured goods。



    By calculating the area of the land which has up to this time



been actually used for the production of colonial produce; and



comparing it with the entire area which is fitted By nature for



such production; we shall find that at present scarcely the



fiftieth part of the land fitted for this production is actually



used。



    How; then; could England be able to monopolise the



manufacturing markets of all countries which yield colonial



produce; if she is able to supply her own entire requirements of



such produce by means of importation from the East Indies alone?



How can England indulge the hope of selling manufactured goods to



countries whose colonial products she cannot take in exchange? Or



how can a great demand for colonial produce spring up in the



continent of Europe; if the Continent is not enabled by its



manufacturing production to pay for; and thus to consume; these



goods?



    It is therefore evident; that keeping down the manufacturing



industry of the Continent; though it certainly hinders the progress



of the Continental nations; does not in the least further the



prosperity of England。



    It is further clear; that; at present; as well as for some long



time to come; the countries of the torrid zone will offer to all



nations which are fitted for manufacturing production abundant



materials for exchange。



    Lastly; it is evident that a world…manufacturing monopoly such



as is at present established by the free competition of English



manufactured goods on the European and American continents is not



in the least more conducive to the welfare of the human race than



the system of protection; which aims at developing the



manufacturing power of the whole temperate zone; for the benefit of



the agriculture of the whole torrid zone。



    The advance which England has made in manufactures; navigation;



and commerce; need therefore not discourage any other nation which



is fitted for manufacturing production; by the possession of



suitable territory; of national power and intelligence; from



entering into the lists with England's manufacturing supremacy。 A



future is approaching for manufactures; commerce; and navigation



which will surpass the present as much as the present surpasses the



past。 Let us only have the courage to believe in a great national



future; and in that belief to march onward。 But above all things we



must have enough national spirit at once to plant and protect the



tree; which will yield its first richest fruits only to future



generations。 We must first gain possession of the home market of



our own nation; at least as respects articles of general necessity;



and try to procure the products of tropical countries direct from



those countries which allow us to pay for them with our own



manufactured goods。 This is especially the task which the German



commercial union has to solve; if the German nation is not to



remain far behind the French and North Americans; nay; far behind



even the Russians。







NOTES:











1。 Vide Wealth of Nations; Book IV。 chap。 ii。 (TR。)







Chapter 16







Popular and State Financial Administration; Political and National



Economy







    That which has reference to the raising; the expending; and the



administration of the material means of government of a community



(the financial economy of the State); must necessarily be



distinguished everywhere from those institutions; regulations;



laws; and conditions on which the economy of the individual



subjects of a State is dependent; and by which it is regulated;



i。e。 from the economy of the people。 The necessity for this



distinction is apparent in reference to all political communities;



whe

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