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Show 610 The 'H'·arehousing SysleTn. Americus Soutlt to lfarry Bluff. [AuGUST1 Importers to remain in possession of their capital, months keep him from using- llis capital, 10 t~le and even to take the chances of the market, or amount of the duties. Fur the privilege of watl· perhaps of a speculation, without having to advance ing a short time, to observe the ~ourse of trade, any moneys. T his system of collecting the du- and to watch a fa\·orable opportumty, he must deties, styled "the credit system." whilst it was posite with the government oflicers thousands of beneficial to the Importer, tended to produce reck- his capital, though he may soon draw every cent of lcssness and speculation in trade, and was danrre r- it out again. In the meantime, the amount thus ous to the re\'enue of the Government. He~ce. drawn back may have entered il.lto the retnrns .of it was superseded by the present" cash system," the Custom-1-louse ollicers, scrvmg on!! to falsify by which all duties are required to be paid in cash, the estimates and Jefeat the calculattons of the upon the arrival of the fmported anicles. This Treasury Department. secures the revenue of the Go\·erument, it is true ; Bv the VVarehousing System, no drawbacks are but at the same time, it keeps the Importers out of allo\~ed, and a man ln3.V wait years, if he pleases, a considerable portion of their capital,-of course without having to advance any portion of his cap~causing them to expect a larger profit from the tal for duties to the Go\•ernment. As he uses l1 ts r emainde r ; whilst the Import trade is thus con· goods, he pays the duties in cash; if h~ .export~ ccntrated in the hands of a ft::w wealthy capitalists; them, he is clmrged nothing for the prt\'!lege of and merchants of intelligence and ente rprise, but keeping them until a propitious hour arrives. of moderate capital, are entirely excluded. As a ]n order to shew this, it is necessary to state natural consequence, the supply of foreign products concise!)' what the Warehousing- system is. By it, is kept as low as possible, prices fluctuate, and when a cargo of J<'ureign products is imported, they rich foreign houses are induced to establish branches are stored in warehouses under the supervision of in our principal citirs for the purpose of supplying the officers of the Gu\·ernment; and, 1 believe, a our markets. bond is also given for the payanent of the assessed No merchant who has to pay cash duties, can amount of duties. The Government thus ha!!l a afford to lay in a larger stock of foreign goods than double security,-in the custody of the goods and the home demand will readily consume; and what- in the bond. As the Jmporter requires his goods, ever fluctuations take place abroad are immediately he is allowed to draw them from the \Varehouses, felt with increased force here. in any quantities he may please, always paying In case OUT intercourse were inte rrupted with the duties, in cash, on such portions. But thedifany foreign country, no matter fur how short a time, ference between paying cash on portions of them, there would be no stores of the products of that as he can readily dispose of them, and advancing country laid up to snpply the wants of the people. the duties on a whole cargo of costly and high du- Where such large capitals are required to carry tied goods, will be apprec iated at once. 1 n Engon the Import trade. what prospect is held out for land, where the \Varehousing system is in beautiour Southern cities~ They must ftJrever be kept ful and successful operation, one hogshead of todown, and a ll the immense products of the Southern bacco, a Ualc of cotton, or a few bags of coffee may and \Vestcrn States, whir!h furnish the Exports of be taken from the \V:lTehonses, at a time; and the the Country, be heavily, severely taxed, in order duties on these are all that have to be ad\·anced. to get to foreign markets. Concentrate the Im· lt will be perceived that this enables merc hants port trade and the shipping, in the Northern ports, of moderate capitals to engage in the import trade, and how can Exports from Richmond. Norfolk, and will always keep a good supply of foreign atCharleston, Savann<Jh, Mohile, New Orleans, and ticles on hand. The serious inconvenience of now all the teeming products of the \Vest, annually having to pay cash duties on whole cargoes may increasing by millions of dollars, get to foreign be seen at once, from referring to the amount of marke ts~ Ships must come for them empty; and our duties per annum. Suppose the gros" amount as it costs as much, or very nearly. to navi ~ate an to be, say, forty millions of dollars: our Importers, "empty bottom," as one full·cMgoed, the Exports must, a part of the year at least, lie out of nearly of the South and \Vest will have to pay the freight forty millions of dollars of their capital. A uf a double voyage, in order to reach their pur- single large merchant has now sometimes to adchasers and consumers abroad. That this is the vanr.c from 011e to two hundred thousand dollars, fact, is already proved by the rates of fre ig ht in for duties on a s ingle cargo. Obviate this by the Northern and Southern ports. establishment of the \Varehousingsystem, thegen- TI1ere is another consideration to be presented eral import trade of the country would be promoin this connection. Imports brought into this coun- ted, and ships, laden with foreign articies, be t1y, with a view to be e xported, have still to pay brought directly into Southern cities, thence to cash duties, though the duties are drawn back, upon take out, at ordinary freights, S outhern and \Yes-exportation. This operation, troublesome and tern produce. roundabout, is of no benefit either to the Govern- A~ain, by abolishing the system of drawbacks, mentor the Merchant, and yet may for weeks or vessels would be indo~ed to come to Southern 1945.] 0 Bury J.fe Not.-Love and Flowers. ports laden with goods for re-shipment, which And the pluullomy form of no p ave com~s there, would theu be allowed to remain, duty free, in the To stutlc the sl~cp~r from dr~ams so fa,~; \Var~hou_ses until a favorahlc oppot·tunity offered ~~~ :~~t :: \~: ~;:~~~n1 !t~:~~~~~~·:g ~o: ~;, of ~~portmg them. . Does the sea nymph rome, v.ith a 11ister's tread, hat an advantage tt would be to the South and To hallow the rest of the lilecpinK dead. \Vest, to get ships to come with cargoes instead of mere ballast, fur their immense sta le~! Then. 'Mid the pearl cover:J walks of t.hose g:mlens below, instead of !.laying freight fur two vo~ages across ~\~l~e~~ctl~\~:~e~~:n/~!v:t~e:~~~~~~~~:r:~~~~!::: the Atlanttc, they would be transported at the Lay me down to my rest in my ~o~ind inK sheet; usual rates, and vast amounts of money be saved For the \ov'd a1~d the gcutle that wept over me, to lhe producers. \\'em Jown long ago to th11t rest in the sc:l, These are some of the \'iews to be taken of the Anrll ku~w, ~h! I k~ow, by my fond .mothN's pray'r, \Va rehousing system. 1 have no room for more. And my sJslcr slast ktss, that tl.ey wu1t fur me tl.ere. 1 preferred saying this little, and that so i mper- Then bury me deep, in my ov.n sunny sea, fectly, to waiting another month. 1 hope you will Where the friends of my Liosom are "aiting for me, take up the suOject and prosecute it. Where the colrl, cold clod, licth not on the Ure.ast, ln tho mean time, 1 am t:~~~h=ti~;~:~;e~:t:~~!ho~~~~~:::;;u~',~i:~~ IS blest! Yours truly, When the moon.bcams pencil the w;tves with light, AM!.:RICUS SoUTH. And the stars look dowrt from lic;~v'n so fair, July 25th, 1945. Oh! bury me thcu-and Uury me there. 0 BURY ME NOT. HV E. U. HAU; . 0 bury me not in the lone, lone tomb, All shrouded in durkness. and mantled in gloom; \Vhen the sleeper goes dov. n in lililence to rest, And the clod of the valley lies cold on the b1east; ~~~:~ :~: ;;~~~d~~gL;~~::::~:: :~:~~~~~s:~::: Putnam, Ohio. LOVE AND FLOWERS. I do remember now That green and sloping bank, whereon we sat, A bank of mossy grass, as delicate As Tempe e'er for l o's slumber spread; While through each woven bough 511 And the visions have v:10ish'd, that seem'd so fair, 0 bury me then-but not-not there. 0 , who would go down to the dc!ol::tte gra1·e, 1'ho' the Krass groweth green-and the willow boughs wave, And the soft winds sigh, nnrl 1he !Jright flow'rs bloom, Of the old tree 'neath which we sat, were shed Touches of silver light, that changeful stirr'd With the soft-dallying zephyr's faintest whisper'd word. And the evergreen stands o'er the lov'd one'11 tomb1 In tbe <larkness and night of that lone Hilent cf'l!, The slow creepin,!!: worm, and the reptile dwell, And the cold slimy snake, ant! the loathsome thinj!:S, That Death in his church·yard livery brings. No purling of waters comes soft to the ear, No song of the wild Uird, exquisitf' and <'lear, No sunlight-no moonli,!!:ht-no bright golden b('ams, Em purpled in foliage, and minor'd in streams; No spirit of Beauty-no mlt.-Jic- no flow'rs, No whisper to vary the paJ\.covered hours, No cadence of kindness-a land of dcspair,- The lone land of silcnce-Oh! 11ho could dv. e\1 there? But away, far away, on the bright sunny sea, \ Vhere the soft winds dauce in !heir festive glee, \Vhere the light ~limmers down thro' the silver wave, Oh 1 bury me there, 1n that sea shrouded gra1e In the clear pearly depths of those 1\llterli bclo~o~ Do the white coral gmves all beautiful grow, And the crunson caves, "here the rhamond glenms Thro' the sp.ukltnj!: &pray of murmunng streams ' 0, soft glide the hours, nnd the rest is sweel, In the calm repose of th;lt still retreat, II. Yes, I remember it. That cool, delicious stream which, sparkling, wound lt:i way the baselet of that bank around;- H ow beautiful its glossy mirror spread, Just where we two did sit- And pictur'd in its ~lass the bright gold-thread, Green-fern fringe, moss.bell, and blue-lily bent, 'While bird, and brook, and branch, their broken murmurs blent. Ill. 'Twas in the sweet June-time, That thou and I together there last sat-And thou had'st gather'J for my gypsy· hat, De ll, bud, and blossom, and fair flowret wild\ Vhile to a quaint old rhyme, My thoughts kept time; meanwhile, tho' but a child And scarcely conscious in those careless hours! knew that thou would'st tell 1hy Loy ish love in in flowers. |