Graham's Magazine, Vol. XL, No. 5, May 1852Various
General
Graham's Magazine, Vol. XL, No. 5, May 1852
Various
Literature -- Periodicals; Literature, Modern -- 19th century -- Periodicals
Akin to this is my view of the question of regulated or unrestricted
Trade between Nations, which worthily holds so prominent a place in the
popular discussions of our time. That men should buy and sell precisely
as their several interests (real or fancied) shall dictate, without
interference therewith or tax thereon by Governments,—this is a very
natural and popular demand, which clearly harmonizes with a prevailing
tendency of our time, whereof the deification of the individual will and
pleasure is the end. But, standing amidst this labyrinth of British
machinery, this wilderness of European fabrics, I cannot but ask,—How,
with totally unregulated trade, is the all but resistless tendency of
Manufactures and Commerce to Centralization to be resisted? How, for
instance, shall we rationally hope for the rapid, extensive
naturalization of new Arts, the establishment of new and difficult
branches of Manufacture, requiring large capital, practiced skill and
ample markets to ensure their success, in any quarter of the globe but
Europe, while that continent remains the focus of the world’s commercial
activity and thrift? Suppose, for example, an American should be able to
produce the richest and most tasteful fabrics of the French or Flemish
looms as cheaply as, or even _more_ cheaply than, his European
rivals,—what are his chances for success in the manufacture? Are there
ships departing from _our_ seaports daily to every inhabited portion of
the earth, laden with the assorted cargoes of ordered and anxiously
expected _American_ fabrics? Have we great mercantile houses engaged in
buying up such American fabrics for exportation? Nay, do our own
Countrywomen stand ready to buy his Bareges or Laces at the prices which
they are daily and freely paying for just such goods from Europe?
Suppose he _could_ fabricate a hundred thousand pieces per annum at the
lowest possible price for which they can be made in Europe, could he
sell them as fast as produced? No, he could not; he does not. The
producers in immediate proximity to, in intimate relations with, the
“merchant princes” of Europe, who are the life-long factors of the
traders of India, of Australia, of Asia Minor, Africa and Russia, have
an immense advantage over any rivals located on the Western Continent,
or at any similar distance from the commercial centers of Western
Europe. The rule that “To him who hath shall be given, while from him
who hath not shall be taken away even that he hath,” is perpetually and
powerfully operative to concentrate the Manufactures and Trade of the
world upon London, Paris, and their out-of-town workshops, which, for
all commercial purposes, are a part of themselves. This Centralization,
unchecked, tends to depopulate and barbarize the rest of the earth to
build up a bloated and factitious prosperity in Western Europe—a
prosperity whereof the Laboring Millions are instruments, not sharers—a
prosperity whereof a few immense fortunes, amassed at the cost of the
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