The North American Review volume 30

Cover The North American Review volume 30
The North American Review volume 30
C Francis Charles Francis Jenkins
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Although it is generally advantageous to a country to supply its own de mand for manufactured articles as well as for agricultural pro duce, yet as the United States, from the great abundance and cheapness of land, have peculiar facilities for agriculture, and as some other countries, particularly Great Britain, possess, in the abundance of capital and cheapness of labor, peculiar fa cilities for manufactures, it is more advantageous for the United States, under these circumstances, to devote t...hemselves exclu sively to agriculture, and exchange a part of their agricultural produce with Great Britain for manufactures, than to attempt to manufacture for themselves. This, we suppose, will be considered by the Reviewer as a fair statement of the argu ment j and we can easily conceive of two communities so situ ated, that an intercourse of the kind here contemplated would, in fact, be mutually and equally profitable. Such is the nature of the commerce which regularly takes place between all cities and the country around them ; and if Great Britain and the United States were neighboring communities, forming constitu ent parts of one political association, and possessing a complete liberty of mutual intercourse, we should feel no difficulty in assenting to the Reviewer's conclusion.

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