The Atlantic Monthly, Volume 07, No. 44, June, 1861: A Magazine of Literature, Art, and PoliticsVarious
General
The Atlantic Monthly, Volume 07, No. 44, June, 1861: A Magazine of Literature, Art, and Politics
Various
American periodicals
Imagine for a moment five million tons of shipping detained, thousands
of seamen reduced to want, the trades of the ship-builder, joiner,
rigger, and sail-maker stopped, the masses of produce now seeking the
coast for shipment arrested on their way by the entire cessation of
demand, the banker and insurer idle, the commissioners of bankruptcy,
the sheriff, and the jailer busy. Imagine the whole country, in the
midst of a prosperous commerce, thus suddenly brought to a stand.
Imagine the navigation, the produce, and the merchandise of the nation
thus suddenly embargoed by one great seizure, upon the plea that they
might possibly be seized abroad, and some faint idea may be formed of
the alarm, distress, and indignant feeling which pervaded the entire
seaboard under the Embargo of 1807. At the period in question the
distressed seamen and ruined merchants had no railways, scarcely an
ordinary road to the West. Manufactures were almost unknown, the
mechanic arts were undeveloped, and consequently the exclusion from the
sea was felt with double force.
Why, urged the merchant and the mariner, should our property perish and
our children go supperless to bed, when we can insure our ships and
still make large profits? Would the planter reconcile himself to a law
which forbade him to harness his teams or use the hoe or the plough, and
bade him lie down and die of hunger beside fruitful fields? Does the
Constitution of the Union, which empowers Congress to regulate commerce,
authorize its destruction? And if it is the intent of Government merely
to protect our ships abroad, why are foreign vessels forbidden to
purchase or export our perishing fish and provisions? and why is our
property to be confiscated and heavy fines to be imposed, if we send it
across the Canada line, where there is no risk of seizure?--And when, in
the progress of events, it became apparent that France approved of our
Embargo, and that England, opening new marts for her trade and new
sources of supplies in Russia, Spain, India, and Spanish America, was
without a rival on the ocean, monopolizing the trade and becoming the
carrier of the world, it was impossible to reconcile the Eastern States
to this general interdict.
Many a rich man was ruined, many a prosperous town was utterly
prostrated by the shock. Property, real and personal, fell from thirty
to sixty per cent., affecting by its fall all classes of society.
A spirit of hostility to the party in power was engendered, which
outlasted the war with England, and continued to glow until Monroe had
adopted the great Federal measures of a navy, a military academy, and an
enlarged system of coast-defence.
Public-domain text, read in full here on John Shaqi.
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