The Hillsborough recorder. [volume] (Hillsborough, N.C.) 1820-1879, 1841-09-23
Argument.

One fact il worth q dozen theories,
where matters Of right and wrong are 10
be ascsrlainsd. Aboni the year 1927. the
duty on Salt was reduced from 20 cents
10 Is cents per bu'hel. but this Produced
No reduction uf price in the article. botia
fact The consumers wee charged high.
er price than b. fore. Nti,herhss' the &C.
nersi reduction Of duties under The CON.
promise bill produced any corresponding
reduction q. prices in any Other goods;
bu, in fact all reduction ol duiits only in
grasses The profits Of the manufacturer or
the importer. Hence arises The sonsi
Iteration in the treaty tor the French in.
demni,y Of 1892. when the duty on wines
and silks were greatly reduced, not By act
Of Congress, but by treaty wiIh loreiRn
power, aud hence the s,r"pg Efforts that
are now making II reduce the duty on
American Tobacco in ioieign countries,
particularly il Europe. Where is the
. use or uuliiv of negtrat.ng on a matter 81
duties il The consumers pay ALL What
right or what obligation has our govern
ment 10 interfere IN matter only between
the King and subjects Of foreign Gov
eminent; nnlrss 1t be q matter Of inIeres,
aud Importance Ia the cinzens OF This Go
vrrnment. Or why should the French
! Government consider il a valuable con.i
derailon la procure reduction Of duties
on wine aud elk in the United Staies!
Ia order 10 show. that ioreign mannfac.
tuIer cannot have ategula, fixed prize for
any goods. or produci Whatever. we need
only retcr 10 the nuciusiIon IN the price
Of Cotton. now a staple article Of conn
merce, and q raw material Tor manuiac-
ture; It's cost is the market price in cur
Southern sea. port towns. and thus Is
known not TO remain stationary Tor one
munih al a time ~ any Que year. snd .
like flucrustion exists in the price of this
article in the principal marts oil Earopr.
such as Liverpool, Co~es. Bremen, &c.
now il the price was s,atinnary a. any
one Place. the producer coull aIwass get
some regular price which might we'll be e :
med cost, but as Ibis is not So. the toreIgn
manufacturer Of dauable goods can have
no regular co.., as the price oi his enods.
bat always sell at tho market price nr
whatsoever price he NAV be able II pro
cnre. in the same manner that the American
Il plantef sells his cotton or any other pro-
duct Of the soil. II the importing or any
other merchsnt purchase such goods as
will not sell at profit in the market. lie
|, must be content t, sell at loss. for 1t Is
. either his folly or misfortune to have
. such gouds on hand. Every producer
, will sell for the best price he can get
. whether the srtirle cost him much or LIT
!, tie labour.
!, Ifamau in sestching for gold shsl
! expend months lsbour in procuring on
/ ounce. he gets reasonable compensation
i but il in another month he shall be abb
0 to procure twenty ounces. each ounce y
g Just as valuable as the one he laboured
) month for--should be las frsquentiy hap
. pens) labour two or three months AM
J. hnd none. his lsbour 10 spent in vain, an
. he gets nothing.
a II a nan cultivate three acres in coftor
n aud one Of them preducs theussn
e pounds. and the other two but i've hun
lred each, il IS obvious that oae thea.an