A diary in America
This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1839 Excerpt: ...two-thirds. What will become of the system if the South be driven avvayl "4. The banking system of the Northern States is founded mainly on the traffic and custom of the South. Withdraw that for one twelvemonth, and the whole banking system of the North Tumbles alt precipitate, Down dash'd. Suppose even one State withdrawn from the Union, would not the pecuniary intercourse with Europe be paralysed ot once? "5. The South even now are the great consumers of. New England manufactures. We take her cotton, her woollen goods, her boots and shoes. These last form an item of upwards of fourteen millions annually, manufactured at the North. Much also of her iron ware comes to the South; many other 'notions' are sent «mong us, greatly to the advantage of that wise people, who know better the value of small gains and small savings than we do. "6. What supports the shipping of the North but her commerce; and of her commerce two-thirds is Southern commerce. Nor is her commerce in any manner or degree necessary to the South; Europe manufactures what the South wants, and the South raises what Europe wants. Between Europe and the South there is not and cannot be any competition, for there is no commercial or manufacturing, or territorial interference to excite jealousies between them. We want not the North. We can do without the North, if we separate to-morrow. We can find carriers and purchasers of (dl ive have to sell and of all we wish to buy, without casting one glance to the North. "7. The North seems to have a strange inclination to. quarrel with England. The late war of 1812 to 1814 was a war for Northern claims and Northern interests, now we are in jeopardy from the unjust interference in favour of the patriots of Canada; and a dispute is ...