Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1828-08-05

prohiah Erection. We are friends 20 manuta..
TIRES We wish TO see them prosper among Q,ir.
selves BY the voluntary efforts OF Individuals We
have mo doubt itdr, ID that it they were left very
much TO themselves, they ,could be established
and IN those quantities and of those qualities which
would b. found most productive. Manufactures
were rising among US, before the heavy tariff laws
were enacie,.--And they would still increase IN
the he.rthy way, which ,heintercsts of the coun
Try at large would dicate.-As TO the present can.
idatc Tor the Presidential chair, both are wrong
about the Tariff'-hoih are exceptionable
But 10 pass from these general specula,ions to
the practical Views contained in the following
Communication
FOR TIE ENQUIRER.
| One OF the principal arguments OF the friends
oi the Tariff, aud that which has had the greates,
elect with the nation is. that goods are made
cheaper 70 the consumer by it, and the nominal
prices oil article are taken at once "a conclusive
proof The uniform support given 10 the Tariff hy
those who have manuac oricS 0iTedaiy in operation
should convince every man, that reduction i'm pri-
ces cannot be contemplated the effect Of the sys-
\ TEN, for tn very obvious reason that no one
| can be found willing 10 further a measure which
TO result in the depression of whatever he has
10 sell--For the purpose, however OF teceiyinp
the community. (and il may be that some of he
| ess knowing are themselves deceive y the manu-
iacurer confidently ass rts that when sufficient, en-
enlargement l. afforded. greater numbers will he
attracted 10 the business and by the eec! of COM
petition prices regulated This is truc TO certain
ext nj. Prices will indeed be regulated; but the
rngula'ion OF prices, md fall N pric wlirh they
usually confound are very different tings 10
advocate an increase OF duties, by which prices
were 10 fall, could be nothing less than madness in
those A. present engaged in that pursuit and there
fore II Is Impossible Tor TO suppose they imagine
such effect a az all probable.
Many cause have conirihu ed in my view of the
subject to reduce the nominal price of the whole,
operty OF Europ" and America; or in other words
the state OF profound peace has caused, AS il al
ways must, so long as paper currency is usel. a
g'ea appre citation oi money; for during wars gov
] ernment- are compelled to borrow largely and l,y
| hat means heavy issues of paper take placc.
Bank, are erecte'. individuals share in this ,tat,
oil hIng|, and all 30 on extravagany, their gene
raj niece ssitles calling into existence every deS-
| riptisn OF facilities by which the circulation OF
! naper becomes superabundant specie is punished.
and general depreciation foll0ios.-
But when peace is restored, and the people after
lew years begin to recover little, they and their
| government look at matters Soberlv and bv de-
grees enter upon the work of paving off the debts
which they had previously contracted Instead
OF creating banks, they and then refuse To
renew charters, paper is gradually lessened and
money appreciates. The extraordinary improve
| IN t II machinery. and general art of manu(ac-
tuing; the extended competition in all kinds OF bu-
Snc The exc cding low price of raw materials
ana their Amazing abundance, have also had great
enc, IN the reduction OF prizes. These appre-
h nd are amongst the best explanations of the fall
IN nrices which The last halt a dozen wears have re-
gular'y brought about, wit, perhaps some few
exceptions. The friend of The restrict. @ vste,n
{. maintain that manufactures are cheaper in con-
sequence o! tle restrictions, and quote prices of
al once determining the point, without Regarding
tn" value OF whatever the purchaser has 10 nav
with. They til Us, that on an average goods NAV
be bought at fourth under former prices am! that
many articles are still lower, and particularly low
PRICE cotton Goods This is all true but distinct
" deny, that this result is produced by thu Tariff
! Ia virginia, suppose farmer, a slave owner a
vooarco planter or wheat and corn grower, wished
10 dispose of his possession and convert il into man
| uiactured goods, could he by the exchange get
much more than half the quantity of Goods which
! the same exchange would have procured six or
eight years 'go: leave these variou, interests
10 answer; or 10 be little more particular, sup
20 On OF our tobacco growers. OF wheat makers
aier selling his crop OF tobacco or wheat and re-
: ceVinS tic money for il, enters one amongst our
numerous cheap stores, call, at all to buy on the
best term, VIII u get the same quantity of arti-
Giles "a form riy, for the produce of his labor? ri
he 10 :, am greatly mistaken.
re" bank Is u is believed are manufactured no
wh-re IN n United States, but they have fallen so
considerably IN England that their nominal price in
our mark i. lower than il was i'm ISIS mr. 1910
MOI because the duty has been increased. but In
despite OF IL, powerful have been In. canSes be
lore explained, namely Of cheapness of raw mate
riai', and alteration in the value OF money when
'omlared TO commodities in bringing down prices
Had the duty OF 1916 of ID per cent ad vaore,n,
been contn ell on this article instead of being in
creased TO 20 per cent. in 1921 an 35 per cent bv
the late Iaw,to every 500 laid out in England fof
blankets iy The first law til purchaser here paid
SIG 90, by the Tariifof 1921 S27 90, and by the
last ne Is 20 pay S}S 81 The Iilicie of BLANKET. |
has been selected, lrrduse they are scarcely made
all IN thi- country. Tn price has not b. II
lowered by The Tariff but Clearly augincn,ed S22
Tor every 300 laid out abroad. Other wooIlrns
pay higher duties than Blankets and of course are
more effected by th-m. The duty on cloths cas- |
iineres, &c in Sl6was fixed a. was then thou INF
~ the manufacturer, abundantly high being %
pr cent to fall to 20 per in three years they
nAVf9 promised the country, ii protected to sell
Amer lchn manufactures al or a W wears Io,yer
ban the foreign article could he pure ,ased for
his provision the Tariff men made no difficulty in
agreeing to, because they hoped 10 get rid of /
the provision stipulation iOr reduction before il |
went INTO force, Tho they succeeded in getting the
duty liked as high % per cent alone by the pro-
mise OF reduction. The saui. men came forward
two yeas afterwards, and represented TO Congress
ne hdrdships under which they iabored from TO-
eIgn competition, aud rs usual carried their point;
the obnoxious provision being repealed before the
period fixed for it, commencement Here ths adj |
vordte- OF the system ought to have stopped havin
larry iricd ~. and II is amazing that people did no,
discover how i'luSOry the hope am, decepty
the promise OF being supplied at hom.. ON better
terms than from abroad when the fnanuficiurino
n'ers' with duty OF u ~ per cent fixed At ,h.ii
own suggestion, increased by nrc -ssarv charges Of
Imposi TO % per cent, still were equally loud ia
their complaints OF want of protection thereby vii
iuaiy acknow edging IN il inability 10 com ly wild,
promise made TO tn nation, on the faith of whc'i
ibe high rates had at first been determined on aud
thus Gar submitted 10
II Che liw OF 1916 had been allowed to continue
10 force, the duty invoice o!clotbs amour e-
IN England TO 500 would have been So now
Instead OF ~ 81 by it, modification, or SIS ,y |