Speech of C M Clay At Lexington Ky Delivered August 1 1851

Cassius Marcellus Clay

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But the main loss is in the main articles of production, and return consumption. For instance, the citizen of Fayette sends a pound of beef to the city of New York; there it is sold for six cents; but three cents comes off for cost of transportaiton — the nett proceeds are therefore three cents a pound. But the farmer living along side of New York, sells also for six cents; but that is the nett profit; as he has no outlay in going to mar- ket. He sells therefore for twice as much as we. Of cour...se if he can live upon one hundred, Ave must have two hundred aci-es. Again, the articles which he gets in exchange cost him near one hundred per cent less than us; or one half of our income is lost in consequence of * This is the estimate made about ten years ago of the power of machinery in Enfj;laiul. If wctakc into consideration the machinery or instruments applied to aj^ricLiltiu-c the estimate must be below the reality!
[ « ] the distance of our articles of consumption. If then the free farmer can Uve upon one hundred acres, we must have four hundred !

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