"We are surrounded by men who raise cotton wool, and we have in our own State land unoccupied that could furnish more sheep's wool than would be required for clothing half our nation. Within our limits there are water-powers now running to waste that could, if properly used, convert into cloth half the cotton raised in the Union. We have coal and iron ore in unlimited quantity, and are _daily_ wasting almost as much labour as would be required for making all the cloth and iron we consume in a month. Nevertheless, we can make neither cloth nor iron. Many of our people have attempted it, but they have, almost without exception, been ruined. When you charge high prices for cloth, we build mills; but no sooner are they built than there comes a crisis at 'the mighty heart of commerce,' and cloths are poured into our markets so abundantly and sold so cheaply, that our people become bankrupt. When you charge high prices for iron, as you _now_ do, we build furnaces; but no sooner are they ready than your periodical crisis comes, and then you sell iron so cheaply that the furnace-master is ruined. As a consequence of this, we are compelled to devote ourselves to raising tobacco and corn to go abroad, and our women and children are barbarized, while our lands are exhausted. You receive our tobacco, and you pay us but three pence for that which sells for six shillings, and we are thus kept poor. Our corn is too bulky to go abroad in its rude state, and to enable it to go to market we are obliged to manufacture it into negroes for Texas. We detest the domestic slave trade, and it is abhorrent to our feelings to sell a negro, but we have no remedy, nor can we have while, because of inability to have machinery, labour is so cheap. If we could make iron, or cloth, we should need houses, and towns, and carpenters, and blacksmiths, and then people from other States would flock to us, and our towns and cities would grow rapidly, and there would be a great demand for potatoes and turnips, cabbages and carrots, peas and beans, and then we could take from the land tons of green crops, where now we obtain only bushels of wheat. Land would then become valuable, and great plantations would become divided into small farms, and with each step in this direction labour would become more productive, and the labourer would from day to day acquire the power to determine for whom he would work and how he should be paid--and thus, as has been the case in all other countries, our slaves would become free as we became rich." To this what would be the reply? Must it not be to the following effect:--