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¡¡¡¡¡¡¡¡This¡¡last¡¡is¡¡evidently¡¡the¡¡effect¡¡of¡¡the¡¡cheap¡¡prices¡¡of¡¡the



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¡¡¡¡¡¡¡¡No¡¡nation¡¡has¡¡been¡¡so¡¡misconstrued¡¡and¡¡so¡¡misjudged¡¡as¡¡respects



its¡¡future¡¡destiny¡¡and¡¡its¡¡national¡¡economy¡¡as¡¡the¡¡United¡¡States¡¡of



North¡¡America£»¡¡by¡¡theorists¡¡as¡¡well¡¡as¡¡by¡¡practical¡¡men¡£¡¡Adam¡¡Smith



and¡¡J¡£¡¡B¡£¡¡Say¡¡had¡¡laid¡¡it¡¡down¡¡that¡¡the¡¡United¡¡States¡¡were£»¡¡'like



Poland£»'¡¡destined¡¡for¡¡agriculture¡£¡¡This¡¡comparison¡¡was¡¡not¡¡very



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demonstrated¡¡that¡¡Nature¡¡herself¡¡had¡¡singled¡¡out¡¡the¡¡people¡¡of¡¡the



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was¡¡the¡¡commendation¡¡which¡¡had¡¡been¡¡bestowed¡¡upon¡¡them¡¡for¡¡so



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freedom¡¡of¡¡trade¡£



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in¡¡Europe¡£¡¡It¡¡was¡¡said¡¡to¡¡be¡¡a¡¡proof¡¡of¡¡the¡¡slight¡¡progress¡¡of¡¡the



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would¡¡injure¡¡not¡¡only¡¡the¡¡countries¡¡which¡¡had¡¡long¡¡before¡¡enjoyed



civilisation£»¡¡but¡¡themselves¡¡most¡¡of¡¡all¡£



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the¡¡civilisation£»¡¡or¡¡the¡¡military¡¡power¡¡of¡¡the¡¡old¡¡states¡¡had¡¡been



fully¡¡developed¡£¡¡On¡¡the¡¡contrary£»¡¡the¡¡cultivation¡¡of¡¡distant¡¡virgin



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and¡¡increased¡¡efficiency¡¡of¡¡labour¡£



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exchange¡¡of¡¡agricultural¡¡produce¡¡for¡¡manufactures¡¡is¡¡guaranteed¡¡for



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'must¡¡come¡¡and¡¡settle¡¡down¡¡in¡¡close¡¡proximity¡¡to¡¡the



agriculturist¡£'



¡¡¡¡¡¡¡¡At¡¡length¡¡the¡¡Americans¡¡came¡¡to¡¡realise¡¡the¡¡truth¡¡that¡¡it



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enjoyment¡¡of¡¡proximate¡¡material¡¡advantages£»¡¡that¡¡civilisation¡¡and



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¡¡¡¡¡¡¡¡It¡¡was¡¡on¡¡the¡¡shores¡¡of¡¡the¡¡Atlantic¡¡that¡¡European¡¡settlers¡¡and



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were¡¡populous£»¡¡wealthy£»¡¡and¡¡civilised¡¡states¡¡created£»¡¡here¡¡was¡¡the



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through¡¡them¡¡it¡¡acquires¡¡the¡¡surplus¡¡population£»¡¡material£»¡¡capital£»



and¡¡mental¡¡powers¡¡of¡¡Europe£»¡¡upon¡¡the¡¡civilisation£»¡¡power£»¡¡and



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influence¡¡over¡¡less¡¡civilised¡¡communities¡£¡¡Suppose¡¡that¡¡the



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general¡¡prosperity£»¡¡were¡¡to¡¡fall¡¡off¡¡or¡¡remain¡¡stationary¡¡instead



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the¡¡whole¡¡nation£»¡¡the¡¡guarantees¡¡for¡¡its¡¡independence¡¡and¡¡external



power£»¡¡diminish¡¡too¡¡in¡¡the¡¡same¡¡degree¡£¡¡It¡¡is¡¡even¡¡conceivable



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many¡¡nationalities¡¡who¡¡are¡¡in¡¡such¡¡a¡¡position¡¡and¡¡whose¡¡shipping



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population£¡



¡¡¡¡¡¡¡¡If¡¡a¡¡power¡¡existed¡¡that¡¡cherished¡¡the¡¡project¡¡of¡¡keeping¡¡down



the¡¡rise¡¡of¡¡the¡¡American¡¡people¡¡and¡¡bringing¡¡them¡¡under¡¡subjection



to¡¡itself¡¡industrially£»¡¡commercially£»¡¡or¡¡politically£»¡¡it¡¡could¡¡only



succeed¡¡in¡¡its¡¡aim¡¡by¡¡trying¡¡to¡¡depopulate¡¡the¡¡Atlantic¡¡states¡¡of



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intellectual¡¡power¡¡into¡¡the¡¡interior¡£¡¡By¡¡that¡¡means¡¡it¡¡would¡¡not



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might¡¡also¡¡indulge¡¡the¡¡hope¡¡of¡¡getting¡¡possession¡¡in¡¡time¡¡of¡¡the



principal¡¡defensive¡¡strategical¡¡positions¡¡on¡¡the¡¡Atlantic¡¡coast¡¡and



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difficult¡¡to¡¡imagine£»¡¡it¡¡would¡¡only¡¡be¡¡necessary¡¡to¡¡hinder¡¡the



development¡¡of¡¡manufacturing¡¡power¡¡in¡¡the¡¡Atlantic¡¡states¡¡and¡¡to



insure¡¡the¡¡acceptance¡¡of¡¡the¡¡principle¡¡of¡¡absolute¡¡freedom¡¡of



foreign¡¡trade¡¡in¡¡America¡£¡¡If¡¡the¡¡Atlantic¡¡states¡¡do¡¡not¡¡become



manufacturers£»¡¡they¡¡will¡¡not¡¡only¡¡be¡¡unable¡¡to¡¡keep¡¡up¡¡their



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every¡¡respect¡£¡¡Without¡¡manufactures¡¡how¡¡are¡¡the¡¡towns¡¡along¡¡the



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to¡¡Europe¡¡and¡¡of¡¡English¡¡manufactured¡¡goods¡¡to¡¡the¡¡interior£»¡¡for¡¡a



very¡¡few¡¡thousand¡¡people¡¡would¡¡be¡¡sufficient¡¡to¡¡transact¡¡this



business¡£¡¡How¡¡are¡¡the¡¡fisheries¡¡to¡¡prosper£¿¡¡The¡¡majority¡¡of¡¡the



population¡¡who¡¡have¡¡moved¡¡inland¡¡prefer¡¡fresh¡¡meat¡¡and¡¡fresh¡­water


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