PRICE ONE CENT.
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changed the face Of affairs as il by magic. That


act is the cornerstone of her Conmerca! ascend
ancy Other nations awoke to It's insidious, de-
structiye Influences at length aad eounteryailed ii,
in season to arrest, but not to ndo its potent in


luences.


Every body seems to understand this but a hand
full of abstractionists among us. All parties in
England agree that we must countervail her re-
strictive duties unless she modiies them. And 50
far from hcr Protective System haying been in
Jury TO England per Sc we have clear conviction
that it was the foundation OF her unprecedented
power and wealth-that it has made her the com
rnercial emporium of the world and the possessor
ofone-thrd of its wealth. True, her Government
her twenty years war against a great par, Of Con
tinental Europe; war which she could never
have maintained but for her Protective Sysien.-
But, after her tremendous exertions and outlay.
she owes this entirely to her own People, and it
might all be paid tomorrow without taking a dol
lar from her resouces-leaving her by far the
wcathest and most powerful nation the globe


That the wealth SO acquired by policy at TIE eH,
pense of other nations has bcen unequally distrbu-
ted and layishly expended does not affect the fact
that it has been so acquired. Or rather, it is
part of our case. 1hi, is the way wealth obtained
by conquest or crafj--n any way thai; it is not
fairly earned-is uniformly expended


Bn, look at Grcat Britain nor, says a Free
Trader Well, 50 we do We see her CONNER
cial and Manufacturing ascenAancy wanirg be-
cause the res, OF the world mas almost unanimously
resolved TO submit no longer to her destructive
policy; Continental Europe Is banded together to
overthrow it. Every nation says to her. Trade
with Us fairly or you cannot trade at all The
smooth professions (DerSuS practice) of her Hus-
kisson, the sage incucations of her Bowring no
longer dcludc any frnsce, Russia, Sweden,
Denmark all countervail her exactions; and Germa-
Her Zo Vercin, or unif.rm Tnrlii, is the 5ond
of her National identity, the seal Of her cmancipe
lion from Commercia vassalage Abandant sta
tistlcs show that it has every way elevated and
improved the condition Of her People, increasing
vastly her annual production, and with the general
reward of Labor and the value OF Property
Germany, forced into Protection and Nanatac
turing By BRITISH rapacity, eould not fo-morro'c
agree to a perfectly Free TRADE i England
Should propose IL. 1t would iniure her TO do 50.


Free Trades axiom that the exshangcahe
property Of nations is equal in value, has piac-
tcal force Ii it mean that nation buy
more thun it can pay for, We all know it is not
tue. If it meun that nation only pay all
that it has it amounts to very liltle We know by
experience that a ration may fall in debt to other
nations many millions annually, aud that this accu
mulating debt becomes a heavy mortgage on her
Property and Il depressing load on her Industry


Letu US test it again: Suppose the United States
are buying their broadeloths OF England ut four dol
lars yard. aud paying in Flour at eight dollars
barrel. Great Britain now chooses to tax our.
Flour four dollars barrel ns protection TO ber
corn-growers and Flour consequently falls here
to four dollars barrel, FOR want Of a market.-
VIII broadcoth necessarily come down to TWO dol
lars ward? We know it will not What shall
we DO commence manufacturing our own cloths
Well we set about il; and in two years England
chooses to alter her policy, and then our infant
Manufactures must 90 To ruin, and all the property
invested in them DC sunk. Not so: let US steadily
sustain and encourage our own Industry, and so
adjust our policy to secure to Labor its highest
reward II cloth at four dollars from England
brings Flour down TO five dollars hero better pay
tive dollars for American cloth in Flour at seven
10 eight d,llars (Sec the argument this point
at length in The Tribune of May lst.) Allowing
that the exchange of commodities would regulate
themselves perfectly in the absence of any Petica!
regulations it is clear to our mind that they cannot
do 90 Az defiance of those regalalons stringent as
they often are In short, we believe that, while
other nations consult their interests in dsre-
gard of or opposition ours, must look out Tor
ourselves, and tina, absolute Free Trade men (Which
We are noD should be foremost in insisting on this
course Reciprocity, or retaliation has already
nes,ralized Navigation Acts and brought about in
regard to Transportation a genuine Free Trade it
can do SO with Production, ii tearlessy proclaimed
and rigidly adhered to.


Loss OF TIE SAyANSAH.-The Commercial of
yesterday contains the confirmation of TIE fears
expressed with regard TO the safety si the steamer
Savannah, from this city tsr Charleston. letter
received in this city from Mr.. Phillips, the mate,
states that the steamer was lost OF Cape Hat
tetas on the night OF the 2s;h, sinking almost I'M
medatelv. Those on board reached the brig
Rowena for Philadelphia. The following name.