Constitutional Whig. [volume] (Richmond, Va.) 1824-1832, 1832-08-31


1882, am unable to imagine. Upon some wool
'enS hc duties will be rather higher than they arc
now oul the aggregate ot the duties upon wool
lens, will be pery considerably tess. Tho duties
upon co'tons will lie reduced IN almost every in
stance, and Increased III none. Upon silks, the
duties wili bc largely reduced The duties upon
ron, hemp, cotton bagglug, sugars and wines, are
all diminished in greater or smaller ratios. The
staple productions of the South being received
IN exchange for every ono of the commodities
which have enumerated, II the duties upon them
be reduced, il sariiy follows, far relates
To these commodities (nnd they constitute the great
articles OF mportation) that the burtheu of south.
crn taxation will be diminished. Neither can |
discover what reduction orr repeal OF the duties
on those imports which received in exchange
for the productions OF the tariff Statns, amounts
to about $1,000, 900. have specified the import.
ant articles upon which the duties will nc reduced,
after March, 1888, and il is known to every mcr.
chant that for the moro valuable proportion of
of them, the productions Of the South are received
IN exchange, i'm greater degree than those of
the ortn, whilst the Cotton and Rice Of the South
orn States almost exclusively exchanged for
the Wines of Spain and Portugal, and for The
Silks and Wines of France, and their Rice and
lumber for tho sugars of tho West Indies. Tho
| north will be benefited by the reduction of the du-
ties upon indigo and upon raw wool not costing
more than cents the pound. and by the repeal of
the duties upon madden, wool, cochincal, aud some
other materials used in dycing and as ingredients
IN the process OF manufacturing; but the conlnu-
nifty participates in those advantages, the effect
| must necessarily be to lower the price of manu-
lectures. With respect to the repeal of the
duties upon teas and coffee, and the re.
duction of the duty upon India silks, i will
submit the following communication which [
have received from of the most cnlighcn-
cd and experienced merchants i'll this city;
NOTHING is more certain than that the Southern
States will be moro than pioportiona,ciy benefited
ny any increased consumption of teas and East
India silks, that will take place in consequence of
the reduction OF the duties upon them; because the
course OF trade Is now changed, that compared
with former times, little or specie is exported
The India merchant now, either furnishes himself
with bills drawn by the United States Bank
London, at twelve months dates (Which pay in
INDIA at premium) or he purchases merchants
bills, at ordinary sights on London, and lodges
ills funds there, ordering his ship to touch at Iii
| braltar, where he draw for his London funds
at lo to ID per cent advance, and he has dollars
| at par or at most from TO per cent. premium
these ''llars being procured entirely from Spain,
! IN payment oil oar rice, cotton, tobacco, &C. car
Rcd INTO that country by her own subjects, clan
dcStlney. 1t the Bank furnishes the India Bills
II covers them by merchants drafts England.
| lhus, whether the India cargo be procured by
Bank bills or specie, they all raised by bills
| on England which bills almost altogether
/ found by Southern rice and cotton Thus 1t
pialhiV aud ,nc"nrc:S.,,"y rrrrrr~, 49,
Soulh furnishes the principal part Of the funds
Tor India cargoes, and, consequently, must be
greatly benefited by the increased consumption
| OF those articles: and who will deny, that in the
/
OF duty, that tic South is benefited, in a
double ratio, when they told that the Island
| OF Cuba alone takes about 10000 casks of
| rice, with lumber and other articles of its
| produce. No State in the Union furnishes
more, if as much Of West India cargoes, South
Carolina."-The want of tic semblance of Il foun-
dalton for the assertion in "thc Address," that the
positive burthcns of the Southe III States are not
diminished, and their relative hurthens very great
~ increased is plainly demonstrated by the facts
have stated As to those items exempted from the
payment ofduties by the act uf 1882, TO which /
have not particularly advertcd, will only remark
that the South and the North relieved by those
exemptions, exactly in ratio proportonate to their
consumption
L. is alleged in all tho newspapers in the State,
which adopt the reasoning of 1.-The Address," that
no spirit of compromise cancellation entered in
10 the composition OF the late Tariff Act, and that
its sole Object was to confer additional bountics upon
the Tdnlt States, and to increase the burIhens up
on the Flaming States. My opinion of that Act
have already cxprcascd and 1t is not my intention
now to aScrihc to 1t merits which | have hitherto
denied 10 IT; but ] cannot refrain from admitting,
that the Act OF July, 1892 does contain some pro-
visions which proceeded from spirit of compro-
mise and cancellation on the part OF the advocates
oil Protection. 1t is notorious that loud and rccr-
ated complaints made in the Southern STATES,
and particular V in South Carolina, account OF
the high duties upon coarse woollens and blankets,
and upon cotton bagging, and that the duties upon
lhcin w re diminished to CRAFTY and concl!idte the
South. After March, 1893, upon coarse woollens
OF value not exceeding 80 cents the square yard,
| and Upon blankets, Of Il value not exceeding IS
cents each, the duty will be almost nominal, being
per cent. al valorcm; x upon cotton bagging, the
duty will be icducod from 3 cents the square
yard. have read in NUMEROUS publications in the
newspapers in this city, that the woollcns and the
blankets which imported by the planters for their
negroes, cannot be purchased the prices limited by
the Act, SO as to be included within the reduced
dlty OF per cent. My reply to this statement, |
should presume, would h4 perfectly satisfactory.
am informed by the most competent and rcspecta-
bic auth GRITTY, that such wDOllems and blankets as
the planters in the habit Of importing for their
negroes, can now be purchased abroad at the pri-
ces specified IN the Act, and that doubt is
tanned that this will be the case, after that Act
shall be III force. Should this however, be an CT
ror, tho reduction of duties upon these articles
was made, aud was expressed to be made, by the
advocates OF the protective system, exclusively for
the accommodation of the South; and they re-
peatedly and positively declared that the article
could he procured at the prices mentioned, l can
not hesitate to believe, IL the fact be otherwise
that upon satisfactorily establishing it, such law
would be passed at tho next Of Congress as
would rcctliy the mistake. However DESTROYS the
restrctioniss may be, and unqucstionaby are, to
preserve what they consider TO be their interests it
would be doinm thew injustice TO suspect them of so
gross derociion OF principle as a deliberate de-
sign to detraud, of the commission of ogrcgi-
Gus an act OF folly, as TO calculate upon being able
TO deceive, when the means of detection would be
so soon and so easily afforded
The mininuins upon wooliens, which created
peculiar discomfort, for the strongest and most OBJ
vious reasons have also been abolished for the pra
thcaiion OF the South In several of our news.
papers, it has been insisted that the benefit of
of this abolition has been more than counterbaanc
cd by the imposition OF duty, under the Act Of
1892 of 80 per cent adva!orcn upon all woollen
cloths costing more than 50 cents the square yard
Let me briefly, demonstrate the unsoundness of
this objection. BY the existing tariff, woollon
Il Al. IL.