The products of the world entering into commerce would localize themselves where they naturally belong—where most could be produced with the least labor; and, population obeying the laws of equalization, would adjust itself to the demands of the respective interests of productive labor.
Woodhull discusses how commerce would naturally localize products based on efficiency and labor.
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Production lies at the basis of all progress.
And this is no more true of the pauper laborers of Europe and the slave laborers of Asia than it is of the free labor of America.
To do so carries no conviction nor prophetic knowledge of what must be next, as a necessary sequence.
That kind of money which has elasticity, that will be plenty when business is active, and that can be readily put to other use for profit when business is less demanding, is the kind the prosperity of a country demands.