1To James Madison from Mathew Carey, 3 October 1822 (Madison Papers)
By this day’s mail, I take the liberty of sending you a pamphlet on the policy that prevails in our intercourse with foreign nations —a policy which renders us hewers of wood and drawers of water to the manufacturing nations of Europe. We give the labour of 30, 40, or 50 farmers & or planters for that of one cotton manufacturer. The low price of the produce of the earth, & the glutted markets,...