New York [4]
century the French Emperor Napoleon had sought, largely unsuccessfully, to blockade England from trade with Europe}
As to the notion of there arising any rival ports, south, to compete with New York, it strikes us as a chimera. New Orleans will always maintain a qualified competition with every place not washed by the waters of the great valley; but New Orleans is nothing but a local port, after all--of great wealth and importance, beyond a doubt, but not the mart of America.
New York is essentially national in interests, position, and pursuits. No one thinks of the place as belonging to a particular State, but to the United States. The revenue paid into the treasury, at this point, comes in reality, from the pockets of the whole country, and belongs to the whole country. The same is true of her sales and their proceeds. Indeed, there is very little political sympathy between the places at the mouth of the Hudson, and the interior--the vulgar prejudice of envy, and the jealousy of the power of collected capital, causing the country to distrust the town.
We are aware that the governing motive of commerce, all over the world, is the love of gain. It differs from the love of gain in its lower aspects, merely in its greater importance and its greater activity. These cause it to be more engrossing among merchants than among the tillers of the soil: still, facts prove that this state of things has many relieving shades. The man who is accustomed to deal in large sums is usually raised above the more sordid vices of covetousness and avarice in detail. There are rich misers, certainly, but they are exceptions. We do not believe that the merchant is one tittle more mercenary than the husbandman in his motives, while he is certainly much more liberal of his gains. One deals in thousands, the other in tens and twenties. It is seldom, however, that a failing market, or a sterile season, drives the owner of the plough to desperation, and his principles, if he have any, may be preserved; while the losses or risks of an investment involving more than the merchant really owns, suspend him for a time on the tenter-hooks of commercial doubt. The man thus placed must have more than a common share of integrity, to reason right when interest tempts him to do wrong.
Notwithstanding the generally fallacious character of the governing motive of all commercial communities, there is much to mitigate its selfishness. The habit of regarding the entire country and its interests with a friendly eye, and of associating themselves with its fortunes, liberalizes its mind and wishes, and confers a catholic spirit that the capital of a mere province does not possess. Boston, for instance, is leagued with Lowell, and Lawrence, and Cambridge, and seldom acts collectively without betraying its provincial mood; while New York receives her goods and her boasted learning by large tran{s}shipments, without any special consciousness of the transactions. This habit of generalizing in interests encourages the catholic spirit mentioned, and will account for the nationality of the great mart of a great and much extended country. The feeling would be apt to endure through many changes, and keep alive the connection of commerce even after that of the political relations may have ceased. New York, at this moment, contributes her full share to the prosperity of London, though she owes no allegiance to St. James.
The American Union, however, has much more adhesiveness than is commonly imagined. The diversity and complexity of its interests form a network that will be found, like the web of the spider, to possess a power of resistance far exceeding its gossamer appearance--one strong enough to hold all that it was ever intended to inclose. The slave interest is now making its final effort for supremacy, and men are deceived by the throes of a departing power. The institution of domestic slavery cannot last. It is opposed to the spirit of the age; and the figments of Mr. Calhoun, in affirming that the Territories belong to the States, instead of the Government
As to the notion of there arising any rival ports, south, to compete with New York, it strikes us as a chimera. New Orleans will always maintain a qualified competition with every place not washed by the waters of the great valley; but New Orleans is nothing but a local port, after all--of great wealth and importance, beyond a doubt, but not the mart of America.
New York is essentially national in interests, position, and pursuits. No one thinks of the place as belonging to a particular State, but to the United States. The revenue paid into the treasury, at this point, comes in reality, from the pockets of the whole country, and belongs to the whole country. The same is true of her sales and their proceeds. Indeed, there is very little political sympathy between the places at the mouth of the Hudson, and the interior--the vulgar prejudice of envy, and the jealousy of the power of collected capital, causing the country to distrust the town.
We are aware that the governing motive of commerce, all over the world, is the love of gain. It differs from the love of gain in its lower aspects, merely in its greater importance and its greater activity. These cause it to be more engrossing among merchants than among the tillers of the soil: still, facts prove that this state of things has many relieving shades. The man who is accustomed to deal in large sums is usually raised above the more sordid vices of covetousness and avarice in detail. There are rich misers, certainly, but they are exceptions. We do not believe that the merchant is one tittle more mercenary than the husbandman in his motives, while he is certainly much more liberal of his gains. One deals in thousands, the other in tens and twenties. It is seldom, however, that a failing market, or a sterile season, drives the owner of the plough to desperation, and his principles, if he have any, may be preserved; while the losses or risks of an investment involving more than the merchant really owns, suspend him for a time on the tenter-hooks of commercial doubt. The man thus placed must have more than a common share of integrity, to reason right when interest tempts him to do wrong.
Notwithstanding the generally fallacious character of the governing motive of all commercial communities, there is much to mitigate its selfishness. The habit of regarding the entire country and its interests with a friendly eye, and of associating themselves with its fortunes, liberalizes its mind and wishes, and confers a catholic spirit that the capital of a mere province does not possess. Boston, for instance, is leagued with Lowell, and Lawrence, and Cambridge, and seldom acts collectively without betraying its provincial mood; while New York receives her goods and her boasted learning by large tran{s}shipments, without any special consciousness of the transactions. This habit of generalizing in interests encourages the catholic spirit mentioned, and will account for the nationality of the great mart of a great and much extended country. The feeling would be apt to endure through many changes, and keep alive the connection of commerce even after that of the political relations may have ceased. New York, at this moment, contributes her full share to the prosperity of London, though she owes no allegiance to St. James.
The American Union, however, has much more adhesiveness than is commonly imagined. The diversity and complexity of its interests form a network that will be found, like the web of the spider, to possess a power of resistance far exceeding its gossamer appearance--one strong enough to hold all that it was ever intended to inclose. The slave interest is now making its final effort for supremacy, and men are deceived by the throes of a departing power. The institution of domestic slavery cannot last. It is opposed to the spirit of the age; and the figments of Mr. Calhoun, in affirming that the Territories belong to the States, instead of the Government