The Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1837-1845, 1841-02-11
Boston Correspondence.
BosToN, February 6, 1871.
THE TARIFF.

he hRIff Il.
was pleased with the remarks Of Mr. Gushing re-
lative to the tariff and my views are in unison with
his in wishing for discriminating tariff not high
protective tariff with extravagant duties for the pro-
lection of class Of manufactures the manifest
injury of another class but tariff that will give equal
protection 10 all the diversified interests of every
ton of this country We ask not for tariff that will
give exceed the wants of the General Go
veTnment for we depreoate distribution of the
plus moneys among the States but revenue that will
meet only the wants of the Government, nothing
more. am satisfied that duties must be laid ere long
on either luxures or necessarcs, or BOTH it is appa
rent to every observer that the revenue from customs
under the Compromise will fall far short of the ac
tIa and necessary expenses of the Government.
| With these views, am Of the opinion that discrim
mating duty OF twenty per centum should be levied on
silk hats silk bonnets silk dresses silk parasos and
Umbrellas believing the manufacturer of these several
articles ought to be protected from foreign competition,
with the business well as the wool, sugar and
cotton grower. like duty should be imposed on
gunny-cloh immense quantities of which now
imported and used exclusively for baggng cotton, to
| the manifest injury of the Kentucky manufacturer
| The tariff law of 1882 imposed duty of 3 2 cents
per square yard bagging without regard to
weight, width quality if suitable for and used for
cotton Lagging At the time Of the passage Of this
act gunny CLOTH which is made Of jute species Of
grass Of the East lndies) not known in commerce
cotton bagging, consequently it has been decided in
courts free Of duty although il is suitable for,
and used exclusively for baggng cotton Crude salt
petre should be taxed like duty, and for similar Tea
sons, it is imported in crude state ESQ decided In
courts) nearly equal to the best Of American re-
fined. The muslin de LANES OF France, which are
| composed wholly Of combed WOOL should pay the
rate of duty Of the muslin de LANES of England
which contain noety of cotton.
| There many perplexing questions involved in
the phraseoogy Of the Compromise act in relation to
worsted goods and therefore revision of the tariff
would be not only satisfactory to the merchant,
| but Of much pecuniary interest to the Govern
ment For instance, the Compromise act makes free
of duty the following TO wit blesched and un-
bleached linen, table linen, linen napkins, and linen
cambrics, and wors,ed stuff goods, shawls and other
manufactures Of silk and worsted manufactures OF
silk or of which silk shall be the component material
of chief value coming from this side of the Cape OF
G cd Hope except sewing silk" Now, shalloons com
posed entirely of combed wool admitted entry free.
w ny necauso they known III
as worst, stuff goods Serges, the contrary, com
posed of the same material dutiable because moi
known in mercantile phiaseology worsted stuff
goods. Worsed damask tablecovers liable to the
woolens duty, while worsted damask in the piece is
free of duty. Worsted and linen hearth-rugs, seaols
&C., are charged with duty of Is per cenum
non ated article (by decision Of cour) while
carpet bags Of the materials liable to the
woocns duty Silk twist is free efduty because our
District Court has decided that it is not sewing silk,
which is the only exception in said act. Shawls of
all descriptions under this act made free Of
duty because The merchant orders The manufacturer
make silk the component part ofhe article and which
will constitute the chief value. The cotton grower
and manufacturer will be benefited should duty be
c led on both silks and linens, its would be
tonshingy increased.
The tariff needs revision from the fact that the
Compromise act omitted to make the reduction
bounties paid refined sugar and domestic spirits,
ported, as the material when imported. Il has
been ascerained that, had the reduction taken
place in the OF drawback in the rate Of duty
sugar in the state, asavng would have been made
in one year TO the United States Of about $50 900
in this point sugar alone.
No United States Bank stock is offered for sale in
this market Boston bank stocks stand firm railroad
stocks are much soughtIafcr and prices steadily tend
ing upward II