Excerpts from

The Harmony of Interests:
Agricultural, Manufacturing & Commercial

Henry Carey

Published by J.S. Skinner, Philadelphia, 1851
reprinted by Augustus M. Kelley, New York, 1967
THERE ARE NO COPYRIGHT RESTRICTIONS ON THIS MATERIAL, according to a phone conversation with the Copyright Office on August 9, 1995.

- From: Chapter Third -
- Review of the Commercial Policy of the Last Thirty Years -

With every step in the growth of the home production of coal, the money price has steadily diminished. That of a ton of anthracite in 1826 , in Philadelphia, was six, eight, and sometimes ten dollars, and yet the whole import was only 970,000 bushels, or about 30,000 tons. In 1846, the price of anthracite was about four dollars, and yet the import was 156,000 tons. It would appear from this, that when a nation is capable of supplying itself, other nations, desiring to sell, must come to them and sell at the lowest price, and the consumption is large; but when it cannot supply itself, it must go abroad to seek supplies, and pay the highest price, and then consumption is small. Applying this to iron, we find that when we had to seek abroad for nearly all our supply, it sold at prices twice or thrice as great as those at which it is now obtained...

It remains to be seen whether the converse of this proposition may not be true, to wit, that when a nation makes a market at home for nearly all its products, other nations have to come and seek what they require, and pay the highest price; and that, when it does not make a market at home, markets must be sought abroad, and then sales must be made at the lowest prices. If both of these be true, it would follow that the way to sell at the highest prices and buy at the lowest is to buy and sell at home. (p. 15)

....With every increase in the power of production, consumption grew, and the labourer received larger returns for his labour, producing a tendency to immigration. With every diminution in the power of production, the power to pay for foreign commodities diminished, and hence it was that the early years to the approach of freedom of trade were signalized by the creation of a vast debt, the interest on which has now to be paid. (p. 23)

It appears obvious that the productive power of the country diminished from 1835 to 1841, and still more rapidly in the two following years; and therefore it was that the power to pay for foreign commodities diminished so much that consumption could be maintained only by obtaining goods on credit , to be paid for at some future time and bearing interest until paid....

With each step in the diminution of the power to produce, there is diminished power of purchase, and hence the necessity for obtaining goods on credit. So it was from 1835 to 1841, and the result was almost universal bankruptcy. So is it at present, and the goal toward which we are moving would seem to be the same. The amount now required for the payment of interest is about $14,000,000 per annum, being $2,000,000 more than was required for the same purpose two years since... the amount of importation depends upon the to import, and is but slightly affected by the question of duty. (p 26).

- From: Chapter Fourth -
- How Protection Tends to Increase Production and Consumption -

A great error exists in the impression now very commonly entertained in regard to national division of labour, and which owes its origin to the English school of political economists, whose system is throughout based upon the idea of making England ``the workshop of the world,'' than which nothing could be less natural. By that school it is taught that some nations are fitted for manufactures and others for the labours of agriculture, and that the latter are largely benefited by being compelled to employ themselves in the one pursuit, making all their exchanges at a distance, thus contributing their share to the maintenance of the system of ``ships, colonies, and commerce.'' The whole basis of their system is and , and not production, yet neither makes any addition to the amount of things to be exchanged. It is the great boast of their system that the exchangers are so numerous and the producers so few, and the more rapid the increase in the proportion which the former bear to the latter, the more rapid is supposed to be the advance toward perfect prosperity. Converters and exchangers, however, must live, and they must live out of the labour of others: and if three, five, or ten persons are to live on the product of one, it must follow that all will obtain but a small allowance of the necessaries or comforts of life.... (p. 46)

- From: Chapter Fifth -
- Why Is It that Protection Is Required? -

The object of the colonial system was that of ``raising up a nation of customers,'' a project ``fit only,'' says Adam Smith, ``for a nation of shopkeepers.'' He was, however, inclined to think, that even for them it was unfit, although ``extremely fit for a nation whose government was influenced by shopkeepers.'' As early as the period immediately following the Revolution of 1688, we find the shopkeeping influence exerted for the ``discouragement'' of the woolens manufacture of Ireland; and while the people of that unfortunate country were thus prevented from converting their own wool into cloth, they were by other laws prevented from making any exchanges with the fellow-subjects in other colonies, unless through the medium of English ports and English ``shopkeepers.''

Such being the case, it was little likely that any efforts at combination of exertion among distant colonists, for rendering labour more productive of the conveniences and comforts of life, should escape the jealous eyes of men whose shopkeeping instincts had prompted them to the adoption of such measures in regard to nearer ones. The first attempt at manufacturing any species of cloth in the American provinces was followed by interference on the part of the British legislature. In 1710, the House of Commons declared, ``that the erecting of manufactories in the colonies had a tendency to lessen their dependence upon Great Britain.'' Soon afterwards complaints were made to Parliament, that the colonists were setting up manufactories for themselves, and the House of Commons ordered the Board of Trade to report upon the subject, which was done at length. In 1732, the exportation of hats from province to province was prohibited, and the number of apprentices to be taken by hatters was limited. In 1750, the erection of any mill or other engine for splitting or rolling iron was prohibited; but pig-iron was allowed to be imported into England duty-free, that it might then be manufactured and sent back again. At a later period, Lord Chatham declared, that he would not allow the colonists to make even a hob-nail for themselves....

We see thus, that the whole legislation of Great Britain, on this subject, has been directed to the one great object of preventing the people of her colonies, and those of independent nations, from obtaining the machinery necessary to enable them to combine their exertions for the purpose of obtaining cloth or iron, and thus {compelling} them to bring to her their raw materials, that she might convert them into the forms that fitted them for consumption, and then return to the producers a portion of them, burdened with great cost for transportation, and heavy charges for the work of conversion. We see, too, that notwithstanding the revocation of a part of the system, it is still discretionary with the Board of Trade, whether or not they will permit the export of machinery of any description. (pp. 52-53)

...The whole system [of British free trade] has for its object an increase in the number of persons that are to intervene between the producer and the consumer -- living on the product of the land and labour of others, diminishing the power of the first, and increasing the number of the last; and thus it is that Ireland is compelled to waste more labour annually than would be required to produce, thrice over, all the iron, and convert into cloth all the cotton and wool manufactured in England. The poverty of producers exists nearly in the ratio in which they are compelled to make their exchanges in the market of Great Britain....

The manufacturers of India have been ruined, and that great country is gradually and certainly deteriorating and becoming depopulated, to the surprise of those people of England who are familiar with its vast advantages, and who do not understand the destructive character of their own system. (p. 61)

The impoverishing effects of the system were early obvious, and to the endeavour to account for the increasing difficulty of obtaining food where the whole action of the laws tended to increase the number of consumers of food and to diminish the number of producers, was due the invention of the Malthusian theory of population, now half a century old. That was followed by the Ricardo doctrine of Rent, which accounted for the scarcity of food by asserting, as a fact, that men always commenced the work of cultivation on rich soils, and that as population increased they were obliged to resort to poorer ones, yielding a constantly diminishing return to labour, and producing a constant necessity for separating from each other, if they would obtain a sufficiency of food. Upon this theory is based the whole English politico-economical system. Population is first supposed to be superabundant, when in scarcely any part of the earth could the labour of the same number of persons that now constitute the population of England obtain even one-half the same return. Next, it is supposed that men who fly from England go always to the cultivation of rich soils, and therefore everything is done to expel population. Lastly, it is held that their true policy when abroad is to devote all their labour to the cultivation of those rich soils, sending the produce to England that it may be converted into cloth and iron, and they are cautioned against any interference with perfect freedom of trade as ``a war upon labour and capital.''

Colonization is urged on all hands, and all unite in the effort to force emigration in the direction needed to raise up ``colonies of customers.'' It is impossible to read any work on the subject without being struck by the prevalence of this ``shopkeeping'' idea. It is seen everywhere. Hungary was to be supported in her efforts for the establishment of her independence, because she was willing to have free trade, and thus make a market for British manufactures. The tendency of the Ricardo-Malthusian system to produce intensity of selfishness was never more strikingly manifested than on that occasion. (pp. 63-64)

We thus have here, first, a system that is unsound and unnatural, and second, a theory invented for the purpose of accounting for the poverty and wretchedness which are its necessary results. The miseries of Ireland are charged to over-population, although millions of acres of the richest soils of the kingdom are waiting drainage to take their place among the most productive in the world, and although the Irish are compelled to waste more labour than would pay, many times over, for all the cloth and iron they consume. The wretchedness of Scotland is charged to over-population when a large portion of the land is so tied up by entails as to forbid improvement, and almost forbid cultivation. The difficulty of obtaining food in England is ascribed to over-population, when throughout the kingdom a large portion of the land is occupied as pleasure grounds, by men whose fortunes are due to the system which has ruined Ireland and India. Over-population is the ready excuse for all the evils of a vicious system, and so will it continue to be until that system shall see its end... (pp. 64-65)

- From: Chapter Sixth -
- How Protection Affects Commerce -

Men are everywhere flying from British commerce, which everywhere pursues them. Having exhausted the people of the lower lands of India, it follows them as they retreat toward the fastnesses of the Himalaya. Afghanistan is attempted, while Scinde and the Punjab are subjugated. Siamese provinces are added to the empire of free trade, and war and desolation are carried into China, in order that the Chinese may be compelled to pay for the use of ships, instead of making looms. The Irishman flies to Canada; but there the system follows him, and he feels himself insecure until within this Union. The Englishman and the Scotsman try Southern Africa, and thence they fly to the more distant New Holland, Van Dieman's Land, or New Zealand. The farther they fly, the more they must use ships and other perishable machinery, the less steadily can their efforts be applied, the less must be the power of production, and the fewer must be the equivalents to be exchanged, and yet in the growth of ships, caused by such circumstances, we are told to look for evidence of prosperous commerce!

The British system is built upon cheap labour, by which is meant low priced and worthless labor. Its effect is to cause it to become from day to day more low priced and worthless, and thus to destroy production upon which commerce must be based. The object of protection is to produce dear labour, that is, high-priced and valuable labour, and its effect is to cause it to increase in value from day to day, and to increase the equivalents to be exchanged, to the great increase of commerce. (pp. 71-72)

....the school of discords [is] that which teaches to buy in the cheapest and sell in the dearest market, and sees great advantage to be gained by reducing the cotton of the poor Hindoo to a penny a pound, careless of the fact that famine and pestilence follow in the train of such a system. The policy that produces a {necessity} for depending on trade with people who are poorer than ourselves tends to reduce the wages of our labour to a level with theirs, and to diminish commerce... By bringing the Irishman here, and enabling him to make his exchanges with us, we raise him to our level as a producer. By exporting our people to Ireland, and compelling them to make their exchanges there, we would sink their wages to a level with those of that country. The policy that brings people here and raises them in the scale of civilization, is that which promotes commerce. That which causes them to return home, and thus arrests the tide of immigration, preventing advance in civilization, is the one which diminishes commerce. (p. 77)

- From: Chapter Seventh -
- How Protection Affects the Quantity and Quality of the Machinery of Production -

The object sought to be accomplished is the improvement of the condition of man. The mode by which it is to be accomplished is that of increasing his productive power. The more food a man can raise, the more and better food may he consume, and the larger will be the surplus that can be appropriated to the purchase of clothing, to the education of his family, to the enlargement of his house, or to the improvement of his machinery, and the greater will be the amount of leisure that can be appropriated to the improvement of his modes of thought.

The better his machinery, and the more readily it can be obtained, the larger will be his production.... (p. 78)

- From: Chapter Tenth -
- How Protection Affects the Farmer -

...let us look now to what would be the effects of the adoption of perfect freedom of trade, as urged upon the world by England. It could not fail to be that of {riveting upon the world the existing monopoly of machinery for the conversion of the products of the farm and the plantation into cloth and iron}, closing the factories and furnaces of Russia, Germany, and the United States, and compelling the people who work in them to seek other modes of employment, and the only recourse would be to endeavor to raise food. There would then be more food to sell; but who would buy it? (p. 100)

....Were it proposed to the people of the Union to make New York or Pennsylvania the deposit for all the products of the Union that required to be converted or exchanged, the absurdity of the idea would be obvious to everyone. The wheat-grower of Michigan would find himself entirely at a loss to know why he should exchange with the neighbouring wool-grower by way of New York; and the cotton-grower would be equally at a loss to see the benefit of a system that should compel him to exchange with the wheat-grower of Virginia, through the medium of Philadelphia or Pittsburgh; yet such is precisely the object of the colonial system....

The producers of the world have been, and they are now being, sacrificed to the exchangers of the world; and therefore it is that agriculture makes so little progress, and that the cultivators of the earth, producers of all that we consume, are so universally poor, and so generally uninstructed as to their true interests...

The object of protection is that of diminishing the distance and the waste between the producer and the consumer; thereby enabling the producer to grow rich, and to become a large consumer of cloth and iron. (p. 101) There is a perpetual complaint of over-production, and it is a matter of rejoicing when, by reason of short seasons, or any other occurrence, the crop is diminished 200,000 or 300,000 bales, the balance producing more in the market of the world than could otherwise have been obtained for the whole. No better evidence need be desired that there exists some error in the distribution.

Over-production cannot exist, but under-consumption may and does exist. The more that is produced, the more there is to be consumed; and as every man is a consumer in the exact ratio of his production, the more he can produce the better will it be for himself and his neighbour, unless there exist some disturbing cause, preventing the various persons desiring to consume from producing what is needed for them to effect their exchanges with the planter, to the extent that is necessary to their comfort. (p. 103)

- From: Chapter Eleventh -
- How Protection Affects the Landowner -

In Europe... population is held to be superabundant. Marriage is regarded as a luxury, not to be indulged in, lest it should result in increase of numbers. ``Every one,'' it is said, ``has a right to live,'' but this being granted, it is added that ``no one has a right to bring creatures into life to be supported by other people. Poor laws are denounced, as tending to promote increase of population... Labour is held to be a mere ``commodity,'' and if the labourer cannot sell it, he has no ``right'' but to starve -- himself, his wife, and his children... Such are the doctrines of the free-trade school of England, in which Political Economy is held to be limited to an examination of the laws which regulate the production of wealth, without reference to either morals or intellect. Under such teaching it is a matter of small surprise that pauperism and crime increase at a rate so rapid. (p. 128)

Every colony of England would gladly separate from her, feeling that connection with her is synonymous with deterioration of condition. Every one would gladly unite its fortunes with those of our Union, feeling that connection with us is synonymous with improvement. The reason for all this is, that the English system is based upon cheap labour, and tends to depress the many for the benefit of the few. In our system, it is the many who govern; and experience having taught them that prosperity and free trade are inconsistent with each other, we have ``free trade'' tariffs with protective duties of thirty percent, and likely to be increased. The colonies are ruined by free trade, and they desire annexation, that they may have protection. (p. 129-30)

- From: Chapter Fifteenth -
- How Protection Affects the Labourer -

In England, the power to obtain food, clothing, or iron, for labour, is small, and it tends to diminish with... every diminution in the proportion that applies itself to production, because with each such step there is a necessity for greater exertion to underwork and supplant the Hindoo, whose annual wages even now are but six dollars, out of which he finds himself in food and clothing. With every step downwards, labour is more and more becoming surplus, as is seen from the growing anxiety to expel population, at almost every present sacrifice.... (p. 153)

Here lies the error of communism and socialism. They seek to compel union, and to force men to exchange with each other, the necessary effect of which is to sink the whole body to the level of those who are at the bottom.

So too, is it with nations. The industrious community that raises food and is dependent on the idle one that makes iron must give much of the one for little of the other. The peaceful community that raises cotton and is dependent on the warlike one that raises silk, must give much cotton for little silk. Dependence on others for articles of necessity thus makes a community of goods, and the sober and industrious must help to support the idle and the dissolute -- nations as well as individuals....

The policy of England has tended to produce communism among nations. She has rendered herself dependent upon other communities for supplies of the articles of prime necessity, obtaining her rice from the wretched Hindoo, her corn from the Russian serf, and her wool from the Australian convict, neglecting her own rich soils that wait but the application of labour to become productive.

The necessary consequence of this is a tendency downwards in the condition of her people, and as it is with those of England that those of this country are invited to compete, it may not be amiss to show what is the condition to which they are now reduced by competition with the low-priced labour of Russia and of India. (p. 154)

- From: Chapter Sixteenth -
- How Protection Affects the Slave and His Master -

...The error of English writers consists in assuming that there is such a thing as a necessary price. The poor labourer in India, we are assured by this same writer, obtains for his cotton no more than the mere rent of his land, leaving nothing for his labour, yet he still cultivates cotton to exchange for the yard of cloth with which he covers his loins.

The people of England first inflicted upon themselves a necessity for competing with the ``cheap'' labour in the manufacture of cottons. That produced a necessity for competition with the ``cheap'' labour of Russia in the production of food, the consequences of which are thus described in the recent quarterly report of the Registrar-general: ``The population of England has suffered, died, and decreased, during the quarter, to a degree of which there is no example in the present century.'' (p. 183)

- From: Chapter Seventeenth -
- How Protection Affects the Currency -

...We are buying on credit the cloth and iron we should be making, while the labour and capital that should be employed in their production seek in vain for employment. The heavy sufferers are, and are to be, labour and land. The broker takes his usual shave for the notes which pass through his hands, and the grocer takes his usual cent per pound on sugar, but the furnace is closed, and with it the demand for food and labour -- the mine is abandoned, and the miner suffers from want of clothing -- the constructor of railroads obtains no dividend, and the desire to make roads as an investment of capital has passed away, and with it the demand for labour, food, and clothing. By degrees, the same results must be felt by every interest of the nation. The return to labour is diminishing, and the value of land, houses, ships, railroads, and every other species of property, is dependent on the extent of that return -- rising as it rises, and falling as it falls.

The nearer the consumer and the producer can be brought to each other, the more perfect will be the adjustment of production and consumption, the more steady will be the currency, and the higher will be the value of land and labour. The object of protection is to accomplish all these objects, by bringing the loom and the anvil to take their natural places by the side of the plough and the harrow, thus making a market on the land for the products of the land. (p. 190)

- From: Chapter Twenty-First -
- How Protection Affects Morals -

The whole tendency of the [English] system is to the production of a gambling spirit. In England, it makes railroad kings, ending in railroad bankrupts, like Henry Hudson. If we could trace the effect of the great speculation of which this man was the father, we should find thousands and tens of thousands of husbands and wives, parents and children, utterly beggared to build up the fortunes of the few, and thus increase the inequality of social condition which lies at the root of all evil. If we examine it here, we see it... sending thousands of boys and girls to our cities -- the former to become shopmen, and the latter prostitutes, while hundreds of thousands are at the same time making their way to the West... With every step of our progress in that direction, social inequality tends to increase. The skillful speculator realizes a fortune by the same operation that ruins hundreds around him, and adds to his fortune by buying their property under the hammer of the sheriff. The wealthy manufacturer is unmoved by revulsions in the British market which sweep away his competitors, and, when the storm blows over, he is enabled to double, treble, or quadruple, his already overgrown fortune... The system tends to make the rich richer and the poor poorer. The coal miner of present year works for half wages, but the coal speculator obtains double profits, and thus is it ever -- the producer is sacrificed to the exchanger....

The whole system of [free] trade, as at present conducted, and as it must continue to be conducted if the colonial system be permitted longer to exist, is one of mere gambling, and of all qualities, that which most distinguishes the gambler is ignorant selfishness. He ruins his friends and wastes his winnings on a running-horse, or on a prostitute. (p. 207)

In England, a large portion of the people can neither read nor write, and there is scarcely an effort to give them education. The colonial system looks to low wages, necessarily followed by an inability to devote time to intellectual improvement. Protection looks to high wages that enable the labourer to improve his mind, and educate his children. The English child, transferred to this country, becomes an educated and responsible being. If he remain at home, he remains in brutish ignorance. To increase the productiveness of labour, education is necessary. Protection tends to the diffusion of education, and the elevation of the condition of the laborer....

If we desire to raise the intellectual standard of man throughout the world, our object can be accomplished only by raising the value of man... throughout the world. Every man brought here is raised, and every man so brought tends to diminish the supposed surplus of men elsewhere. Men come when the reward of labour is high, as they did between 1844 and 1848. They return disappointed when the reward of labour is small, as is now the case. Protection tends to increase the reward of labour, and to improve the intellectual condition of man. (pp. 212-213)

- From: Chapter Twenty-Third -
- How Protection Affects the Political Condition of Man -

The larger the return to labour, the greater will be the power to accumulate capital. The larger the proportion which capital seeking to be employed bears to the labourers who are to employ it, the larger will be the wages of labour, the greater the power of the labourer to accumulate for himself, and the more perfect will be his control over the disposition of his labour and the application of its proceeds, whether to private or public purposes....

Throughout the world, and in all ages, freedom has advanced with every increase in the ratio of wealth to population....

The object of protection is that of securing a demand for labour, and its tendency is to produce equality of condition... the abolition of protection [has] invariably tended to the production of inequality. The wealthy capitalist suffers some loss; but he is not ruined. A change takes place, and he is ready to avail himself of it, and at once regains all that had been lost, with vast increase. The small capitalist has been swept away, and his mill is in a state of ruin. By the time he can prepare himself to recommence his business, the chance being past, he is swept away again, and perhaps for the last time.

For months past, the rate of interest on a certain species of securities has been very low. The wealthy man could borrow at four percent; the poor man, requiring a small loan on a second-rate security, could scarcely obtain it at any price. The man who has coal to sell, or iron to sell, must have the aid of middlemen to act as endorsers upon the paper received from his customers, and their commissions absorb the profits. The wages of the miner have been greatly reduced, while the profits of the speculator have been increased. The reason of all this is, that, throughout the nation, there prevails no confidence in the future. It is seen that we are consuming more than we produce; that our exports do not pay for our imports; that we are running in debt; that furnaces and mills are being closed; and everyone knows what must be the end of such a system. Re-enact the tariff of 1842, and the trade of the middleman would be at an end, because confidence in the future would be felt from one extremity of the land to the other. Should we not find in this some evidence of the soundness of the principle upon which it was based? The system that gives confidence must be right; that which destroys it must be wrong.

Confidence in the future -- Hope -- gives power to individuals and communities. It is that which enables the poor man to become rich, and the character of all legislative action is to be judged by its greater or lesser tendency to produce this effect. A review of the measures urged upon the nation by the advocates of the system miscalled free trade, shows, almost without exception, they have tended to the destruction of confidence, and therefore to the production of the political revolutions....

The direct effect of the insecurity that has existed has been to centralize the business of manufacture in one part of the Union and in the hands of a comparatively limited number of persons -- such as could afford to take large risks, in the hopes of realizing large profits....

The object of the colonial system was that of taxing the world for the maintenance of a great mercantile, manufacturing, and landed aristocracy, and the mode of accomplishment was that of securing a monopoly of machinery. The object of protection is to break down that monopoly, and with it the aristocracy which collects from the people of Great Britain and the world those immense taxes, to be appropriated to the payment of fleets and armies officered by younger sons, and kept on foot for the maintenance of the existing inequality in Great Britain, Ireland, and India. (pp. 213-217)

- From: Conclusion -

Much is said on ``the mission'' of the people of these United States, and most of it is said by persons who appear to limit themselves to the consideration of the powers of the nation, and rarely to think of its duties. By such men the grandeur of the national position is held to be greatly increased by having expended sixty or eighty millions upon a war with a weak neighbour....

The English doctrine of ``ships, colonies, and commerce'' is thus reproduced on this side of the Atlantic, and its adoption by the nation will be followed by effects similar to those which have been already described as existing in England. There, for a time, it gave the power to tax the world for the maintenance of fleets and armies, as had before been done by Athens and by Rome, and there it is now producing the same results that have elsewhere resulted from the same system: poverty, depopulation, exhaustion, and weakness. (p. 227)

Two systems are before the world; the one looks to increasing the proportion of persons and of capital engaged in trade and transportation, and therefore to diminishing the proportion engaged in producing commodities with which to trade, with necessarily diminished return to the labour of all; while the other looks to increasing the proportion engaged in the work of production, and diminishing that engaged in trade and transportation, with increased return to all, giving the labourer good wages, and to the owner of capital good profits. One looks to increasing the quantity of raw materials to be exported, and diminishing the inducements to imports of men, thus impoverishing both farmer and planter by throwing on them the burden of freight; while the other looks to increasing the import of men, and diminishing the export of raw materials, thereby enriching both planter and farmer by relieving them from payment of freight. One looks to giving the {products} of millions of acres of land and of the labour of millions of men for the {services} of hundreds of thousands of distant men; the other to bringing the distant men to consume on the land the products of the land, exchanging day's labour for day's labour. One looks to compelling the farmers and planters of the Union to continue their contributions for the support of the fleets and the armies, the paupers, the nobles, and the sovereigns of Europe; the other to enabling ourselves to apply the same means to the moral and intellectual improvement of the sovereigns of America. One looks to the continuance of that {bastard} freedom of trade which denies the principle of protection, yet doles it out as revenue duties; the other by extending the area of legitimate free trade by the establishment of perfect protection, followed by the annexation of individuals and communities, and ultimately by the abolition of customs-houses. One looks to exporting men to occupy desert tracts, the sovereignty of which is obtained by aid of diplomacy or war; the other to increasing the value of an immense extent of vacant land by importing men by millions for their occupation. One looks to the centralization of wealth and power in a great commercial city that shall rival the great cities of modern times, which have been and are being supported by aid of contributions which have exhausted every nation subjected to them; the other to concentration, by aid of which a market shall be made upon the land for the products of the land, and the farmer and planter be enriched. One looks to increasing the necessity of commerce; the other to increasing the power to maintain it. One looks to underworking the Hindoo, and sinking the rest of the world to his level; the other to raising the standard of man throughout the world to our level. One looks to pauperism, ignorance, depopulation, and barbarism; the other to increasing wealth, comfort, intelligence, combination of action, and civilization. One looks towards universal war; the other towards universal peace. One is the English system; the other we may be proud to call the American system, for it is the only one ever devised the tendency of which was that of ELEVATING while EQUALIZING the condition of man throughout the world.

Such is the true MISSION of the people of these United States. To them has been granted a privilege never before granted to man, that of the exercise of the right of perfect self-government; but, as rights and duties are inseparable, with the grant of the former came the obligation to perform the latter. Happily their performance is pleasant and profitable, and involves no sacrifice. To raise the value of labour throughout the world, we need only to raise the value of our own. To raise the value of land throughout the world, it is needed only that we adopt measures that shall raise the value of our own. To diffuse intelligence and to promote the cause of morality throughout the world, we are required only to pursue the course that shall diffuse education throughout our own land, and shall enable every man more readily to acquire property, and with it respect for the rights of property. To improve the political condition of man throughout the world, it is needed that we ourselves should remain at peace, avoid taxation for the maintenance of fleets and armies, and become rich and prosperous. To raise the condition of women throughout the world, it is required of us only that we pursue that course that enables men to remain at home and marry, that they may surround themselves with happy children and grand-children. To substitute true Christianity for the detestable system known as the Malthusian, it is needed that we prove to the world that it is population that makes the food come from the rich soils, and that food tends to increase more rapidly than population, vindicating the policy of God to man.... (pp.228-29)


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