Southern Industry Again

Men are sometimos wiser thun they rem. Horaoe Greeley says it ishicrh time Southern farms were ïnainly oultivated with Soathero made implemento. Admitting this, it would bu porfectly tV;ible fop the South fco establish shops for the manufacture of tools and implemento were it not that her supply of capital is kisufficient. The immediate requirement for a machine shop is a largo outh:y fox tngine, lathes. diills and apparatlM of every desoripiion made of iron and steel, bat as the cost of these machines is now inrnniWTnly oshanced by the 'igli dutíes on iron and steel, the tmall aTailable capital of the Southern Btatea is i:isuiHcient to warrant the undertaking. But suppose the shops establishod. a till largor proportionate oapit.il wouid bn necded for the parchase oí the stook of iron and steel enhanoed by tariff taxos of :?0 to KK) per cent. Mr. Greeley may say the South should begin by making iron and steel, but hert' again a still larger proporl ionate oapital s needed, and siieh anvice is like instrnctinf; an infant to run beforo it can walk Mr. Greeley afrain siiyii Southern backs shoukl te clothed in Southern woven fabries. Very true, the South luis the advantagc over England and the North in cotton and food, but maohinery at low cotit is forbiddfii by the tariff tax, tlui . - foro her uvailable oapital will only supply oue spindle whero she inight have two. Mr. Greeley says 8uUtliero dwellings ehould bc fllled with Southern made furniture and waren. WhynotV She hj.s uil the wood and mauy of the mataríais, but tho tariflf taxes on varniahus, eils, iron and stoel forbid any rai& extetttsion. of those branches of induafcay. Tlio South lias got rid of Üio protectise and [HlllilXilftlliT systcm of slavery, nt it yot noeds to be duliverud from.lhe proteotivt; privation of the üreicy systoin