Morning herald. [volume] (New York [N.Y.]) 1837-1840, 1840-12-14

In these tables end that the average import OF rench
silk for FIVE years, but little than in
stead of S2o000oco az has been asserted by Mr. Blde
MI Webster and reechoed by all the party papers from
end of the country to the other At the time
France buys average $4,000 900 of Gotten from
annually and million dollars worth Of tobacco
while imports Of cotton goods from scarcely
81 100000 1.-THE silks Of France be subjected TO
duty, what will prevent her laying discriminating duty
favor Of East India and Colonial cottons the damage
of our planters 1t set up pretence that this greet
OF silk imports from France drain Of the
precious metals the contrary, find that the imports
ogold and silver exceeds the export to that country In
five years 100000 In this view Of it, therefore
there reality in the pretsnce set up and there exists
good for increasing the duties French i'm
ports In regard the heavy duties alleged to be levied
upon American tobacco in France the position assumed
by the planters that their interest suffers by it, appears
be entirely In the first place, the article Of
from its nature exempt from the usual rule OF
commerce. that increase Of price decreases consump
ton; the small quantities which each individual addicted
to OF the weed consumes in year. make the
bling adruplng Of its prices matter ofminor import,
ance to him and he does caral his usual allow snce
On the contrary has been observed among the poorer
when other necessaries of life have
consumption, in consequence of high prices tobacco
has increased, because it, in manner. becomes 4 subsH
tue for proof OF this grand SCALE the facts offered
by the planters the most conclusive They state that
the gov srpmc France derive Of So, 100000
from imports the article. Now, If we turn to The table
exports find that the export France has Increased
from hhds in 1885, to 5000 hhds in 1895
and 10000 hills in 1889; when the crop short .hew
ing vastly greater increase than is presented hy any
other article.
In face OF this rapid sale Of their product the plant
ers ask retaa,ve duties upon the imports of France
to the damage Of their fellow citizens unless the Euro
pean governments to forego most Inc
Hopoy which, tits absurd to suppose, they will dcsspe
cally on such article tobacco, the extended Of
which tits wise policy to diseoun,enance The Planters
appear be impeed by the feeling which induces
the English make upon China, because they will
not buy her opium Instead Of listening to these mis-
rious petitions, which tend backwards TO the exploded
system of restrictive duties the wisest policy OF national
councils will be- to seek Of extending foreign
trade on the system Of reciprocity. II has
the policy Of England always to build up markets for
herself by cultivsting the trade Of and daa;
tries The United States in position in vkich
| they can compete successfully with England in foreign
countries The mighty empire OF Bralils affords r-
n.nse field the enterprise of this country She al
ready buys Of English cotton goods annually
which light be furnished from this country II the inter-
course We. properly managed As 10, with.
| out commercial treaty with that empire. Wa win
| shortly rec ar 10 this subject