Delaware journal., 1827-12-14

imported annually from Providence, Tor the use anu
consumption Of the manufactures IN ITS vicinity
These illustrations might be greatly extended But
the reports from tie treasury department show the
Gllacy of the objections In 1928, the tonnage of
the United States amounted to l,556,565 TONS IN
1924. to ,5S9. 63 and in 1925, the entire year in
which the tariff had effect, to ,423 II. Agan-
our foreign imports in 1928, amounted to Z /, IN
82l to 80, and in 1925, to 90 millions dollars.
| Thus tonnage and imporatlons increased under
the operation of the tariff of 1894
| The third object is proved to be groundless by I
facts familiar to this meeting. Such of our manu-
iactures as have been efficiently protected by the
government. have subsequently, improved in quail
ty and diminished in Price. Thus cOttons, winch
before the home manufacture was protected ranged
from 30 to IL cents per yard, have now fallen to 10
and IL cents per yard; cotton yarn has fallen from
90 to % cents per pound; window glass from 81 o
to S5 the 100 feet, and nails from IS to cents the
lb '''lhe Internal competition which takes place,
soon does away every thing like monopoly, and by
degrees reduces the price of the article to mini
mum Of Il reasonable profit upon the capital employ
ed ''ln national view, 1 temporary enhance
ment of price must always be well compensated by
Il permanent reduction of it." Such were the sound
maxIms of Hamilton, which recent experience has
amply verified.
Lastly The best guide for the future is the ex-
perience of the past. 1t was confidently predicted,
and have doubt honestly, that the tariff OF 1924
would diminish the duties upon imports at least two
millions of dollars and render resort to direct tax
es necessary. Let us see how far these ominous
anticipatons have been realiesed In 1928, the du-
ties upon imposts amounted to 10 millions; 1924 to
II millions in 1925 to 90 Millions and in 1896 to
% millions dollars. The history of our times af-
fords ample proofs that expenses increase nearly
in the ratio of means, Industry begets wealth,
and wealth extravaganza. Our manufactures have
enabled thousands to indulge in dress and food,
which their former humble situation condition IN
life, precluded them from; and it is believed, that
500 manufactures, in good employment buy more
/. goods paving duties than 1000 agrcultursts Hence.
although our inportations OF woolens and cotnns
from Great Britain were eight millions less in 1876
than in 1925, yet revenue, from these and other
circumstances, was three millions dollars greater in
:, 1926 than in 1925.
: The Treasury Report, made by Mr.. Secretary
Rusu, and just presented to Congress, is of the
most interesting paper, that has been received from
any of the Departments though all OF them con
. tain much valuable information, aud afford the best
S views of the management Of our public affairs.
J. The state of the Treasury. as was seen in the
Message, is very satisfactory as the ordinary az
J. well as extraordinary expenses of the last thre'
1t years have been paid; and sixteen millions o
" OF upDt nave pccH ulSCUdTHtus anu vi INC
N interest upwards of one million has been reduced
# Of the expenses during these three years, twelv
millions have been applied to internal Improvement
ID --fortifcations and armories-shps of war-nava
+. docks and other establishments connected with tn
o navy-publlc edifces of various deecriptions-arm
a. ing the miita-purchase of lands from the Indians
&c. besides the ordinary annual expenses OF gov
We ernment:-all which are not only valuable to tn
Sc nation at the present moment, but will be at fl
~. ture period.
re Mr. Rush discusses, very fully, the policy of e,
IN couragng Domestic Industryan presents facts an
,u- arguments, one would think, convincing to the mo-
os- skeptical. The subject is handled in its warrior
~" bearings on other interests and it is satisfacor
,ty shown to much extent, that this is policy not to
M neglected. unless at the sacrifice of of the mo
yet important interests of our country. His views
'Iu this subject so just reasonable, and concl
tod sive that we shall lay them before our readers,
lin. we do not present them with the entire Report
,rs. On the whole, we have seldom read any pap
OF from any of the Departments that has given us mt
'"h pleasure an, satisfaction. The interest of Az
n culture, Commerce and Manufactures. receives
are lust share of regard, and the whole document i
tee full proof that the selection of Mr.. Rush for
present post, by Mr. Adams, was wise and judi
ho cous--the opinions of some of the Opposition to
any contrary notwithstanding
onal for the Dc'aDare Journm.
Mr. Editor--I have learned with pleasure L
orm at the meeting on Saturday Temperance
,om- ciety was formed for Wilmington and its vclni
son, 1t has been peculiarly gratfyngto to understa
that this society recognises the truth of the dan
our and deStruc OF sprtuOuS liquors ana auO