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A Century of Lawmaking for a New Nation: U.S. Congressional Documents and Debates, 1774-1875
Sir, Philadelphia 16t. March 1776 Your favour of the 14 Ult. came safe to Hand. I have been expecting by every Post to have recd. Letters from Home but none comes. I have heard nothing from my Family since I recd your Letter. Perhaps it might be easier to Send Letters to Mr. Ellerys office than to N Haven. I have ordered Oliver to forward mine, but perhaps he is an improper Person for this Service as his Acquaintance is only with the College.
I Notice your Observations on the little Pamphlet I sent you. It has
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necticut upon the same Principle must share the same Fate. I set down Matters as they come into my mind, I must write without much Method. I heartily wish you would write to me, it certainly will be a Satisfaction to Me if I can Read yr Letters. My best compliments to all my Friends as tho particularly Named. I am sir with Regard your assured Freind and most humble Servant, O Wolcott
RC (MdBJ-G).
l See JCC, 4:205.
2 The minutes of the February 19 meeting of the New Haven County committees of inspection, which were published in the Connecticut Journal, February 28, 1776, urged strict adherence to the Association and recommended, among other measures, that raw material for home manufactures, including leather, wool, and flax, be sold at 1774 prices.
3 Lyman apparently extracted Wolcott's sketch and subrritted it for publication in the Connecticut Journal. The following unidentified piece, entitled "Observations on the price of Wool and Flax" and introduced as the "reflections" of "one_______, of my sensible and learned correspondents," appeared in the April 24, 1776 issue.
"Every people who have not necessary supplies of diet and cloathing within themselves, must depend upon others for their very existence, or procure those supplies by the chance of war. To such a people every accident renders their condition very insecure; to obtain perminent independency and consequently freedom, they must carefully attend to, and if possible obtain internal supplies of these two necessary articles. Diet, by the blessing of God, this country produces plenty of; cloathing is what we are very deficient in, but which by a proper attention to our own affairs, may be obtained in as great plenty as the former. Those therefore who can raise the raw materials, Wool and Flax, ought to have the greatest encouragement. This can be done no other way than by allowing a good price for those articles. This encouragement naturally arises out of public want; for scarcity or want is the foundation of price, and in its consequences of plenty; for a high price naturally prompts men to industry, in raising that which will certainly procure for them an advantageous sale. Plenty is the natural consequence of an encrease of manufactures. Scarcity and plenty will almost inevitably produce each other, and from the most obvious causes. Therefore in a time of scarcity, to restrain the price of necessary articles, which may be internally procured, is the greatest absurdity, as it necessarily precludes every hope of plenty. Temporary inconveniencies naturally accrue to the poor by an advanced price of necessaries, and this is undeniable; but it is certain, that this high price (unless prevented by unnatural management) will terminate to their advantage by giving them plenty. The allowance of a high price, is more especially necessary, when further knowledge in manufacturing ought to be obtained. History informs us, that the wisest states have often designedly produced this scarcity, by laying large duties upon imported articles, which a people might internally obtain. This prudent conduct has in a thousand instances, procured for a people the greatest affluence and independency."
At this point the contributor-Lyman-observed that, if the "mode of reasoning" of "my ingenious correspondent" is true, the committees of New Haven County should give bounties to encourage production rather than restrict prices, since "it would afford ten times more probability of plenty than any restrictions could possibly do."
"To imagine that internal plenty may be had by reducing price;" the "Observations" continued, "is to imagine, that the system of nature may be best preserved by that which has the greatest tendency to its subversion. If by an act of power
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wheat was reduced to 2s a bushel, famine would be the consequence. The Association, which directs that no advantages shall be taken as to the price of wool, flax, and internal manufactures, but that the same shall be sold reasonably, can mean only to prevent monopolising and forestalling, (a practice in its nature truly detestable) but can never mean to regard a price as to internal productions, which price naturally arises out of the condition and state of the country; for what does in every article of our own growth, constitute a reasonable price, but the public demand? If such was the plenty of linens and woolens, that the whole people were amply supplied, and no vend could be had for those articles, the reasonable price of flax, &c might be a penny a pound. In a word, public exigencies constitute price, and those exegencies alone must effect the lowering of price, which it will infallibly do. Skillful political physicians will carefully attend the system of nature, and help her in her own operations, but will never counteract the natural exertions upon which the cure of every political evil depends."
Wolcott's interest in encouraging the cultivation of flax and wool was shared by a majority of his colleagues in Congress, who adopted several resolutions on March 21 aimed at promoting agriculture and manufactures. See JCC, 4:224.
4 See JCC, 4:188. For additional references to Connecticut accounts, see Wolcott to Thomas Seymour, April 16, 1776.
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