Wheeling times and advertiser. [volume] (Wheeling, Va. [W. Va.]) 1839-1849, 1841-12-28


et itself. and SIT m0re imrssih ~ dNcrti 20 ,ai
history Of ths tnes. ~iihoul srsitnx Al The ns's'
pertcyi tonViciioa that the a.fne valuation
sorted 10 tsr the parposs ofguarlng the revenues
agaivs' isaad and rgoiestine Anerican rnanutaci
agains un ct ysfnaOons. There conid be NJ res Il
possible o. eel in'ii,s provision. saw other
asi. thesviore. eonncricd with another '' % 'u'
seslcti Tor The purpose Of qualifying ~ '''' 1'H W.
opers,ia OF abe O-hsr part. ~sei''a"y 'as
Bot it's highly proper 10 looT
ees which leo 70 The Pa-~ass.r ,,a .a ~ isq9 on
AL n. ,,,,,,. \, ~ which 1t appears have
pr,r,s. n ~ ecne,l. the result OF spirit Of COM
able agitsior s.lah"n, at time when consider I
r,.,a;,sX rS2tislcd and much diversity ol opinion 4
,,, 80 evenis shall appear TO make il nccess.
lar AZ bnsider or readjusi the provisions Of Il,a,
I r,nJ>n proceedings towards that end should be /
Quoted nndsr the Influence Of the same spirit
no undersigned rs must deeply impressed with the
iofce OF uhese convictions while Offering suggestion
10 Congress ON the suhiecL lie is cun,rained u
admit that Il has appeared to him that the Interests
oi country required sumo modification OF the act of
1913. In support of his Opininn. he would first
mention the great, n insermOuniahlc, dfculie.
"i establishing home valuation at various ports
without ineurrng the risk OF producing such diver.
siiy in the estimates Of vaue as si,ould not only
lead 10 great practical inconyience bat interfere
Also m elect, with the cOnSi uona provision. that
dulles on imports shall I've equal Ia all the States -
II such should be the opinion Of Cong ess then 10 is
clear That so1ue equivalent Is o. be provided for the
home valuations. &c the whole basis upon which
me ACT was expected to rest. a measure Of com
prmiso and adjustment is tab en- away or displaced
There ceases. m that event. be the mutuaity or
tcomWonise Oi interests evidently inendent To be
produced by placing home valuation as an equiya-
Tent against n reduction Of al valoTem dates. IL
remains for the wisdom OF Congress TO determine
wneIi'or such equivalent can be found.
But. in the second place IL Congress should be Of
opnion either that home valuation practicable or
ihai some equivalent and pnOper substitute may be
ioud Tor a.. he undersigned will not disguise this
opinion That Il cannot be regarded as WISE by any
portion OF The country, as permanent system of pol
ICY 10 augment the amount of revenue. when fur.
iher eNigencies may require such augmentation, by
raising duties all articles including those nf abso.
lutte necessity 10 the full extent Of twenty per cent
AMI preserving that limit. OF the same time as a In
ed barrier against higher duiics on aEy article
Mhn'eSe', even those OF mere luxury Slch plan
OF revenue, Il To- be reg1idod as a settled s,sema
pers To the undersigned 10 he and ncony
nien aud such Is not likely 10 promote the best
Interests Of the country.
Tho Probable effect Of the future operation Of the
) net OF leS5 uPn the manufactures md mechanical
trades ot ihc country, particularly no home vaua.
hon be established and ma equivalent Cor such home
Ia'"ai"n lOund. gives rise To inquiry important u
be overlooked
IL IL fully acknowledged that all duties should be
LAID with primary reference To revenue; and, u il
admitted without hesilaton reserve thai no nIUre
, money should DO raised. under any proIenee what
ever, Than such amount as is necessary for on
economical administration of the Government But
within these lIrnils, ind incidental % the raising
sneh revenue may be absolutely necessary. Is no
leved that discrimination may be made, and duties
imposed in such manner that while part Of pro-
iecton Will be extended To tho labor and industry o
large masses of the people, while the whole country
will be rendered more prosperous in peace and IN
hnIteIy stronger and better prepared IL foreign
should come upon as. The principle 90 diserimina-
tion has obtained from the period Of the foundation
. OF tho Government In many il may be found
10 be indispensable 10 the interests Of the revenue
iiselii and h ia fixing system of duties. IL consists
with the best Interests and true policy OF the country
20 10 aPporiion them among the various specie Oi
Imports rs 20 favor manufactures at The
same time that the revenue itself beneted. and
no injustice done TO any. II would proper aud
wise 10 reject arbitrary limits anI the idea Of a for
r ced and unnatural uniformity.
The unlrrsigned feels no difficulty in admitting
mat duly 81 twenty per cent. al vnlorem, assessed
nPon the value OF impaired articles own ports,
a would many instances be 4 sufficiently Ugh irr
the beueiil of tho revenue, aud also aird rcas nah
encouragement 10 home producer, OF the ariI.
ces As % those. therefore the object Of the net OF
1888 viii be accomplished, if its provision for home
valuation be carried out by Congress But ha still
supPses tnt there are several descriptions Of i'm
ported manufactures and produce, which would well
pear Iii.ner uuY IMAM twenty per cent. the
home value. and thus yield greater To the
Government. while, ia regard 0f them, IL will
DO found that, without such increased duy the labor
oflarge classes,cngaged m producing similar articles
VIII DO greatly depressed, If not entirely suPpan-
ted.
IL Is uDqucslionaoly truc. and well worthy ofre-
maCk, that the act OF 1913 was avowe6ly conserya-
live in s objects and characters and, while il was
designed 10 remove what Was esteemed a grievance
b. one part OF The country, IL not intended that
tho interests Of any other should be sacrificed by
On the contrary, reasouaLle security intended
iur all rs true spirli,hereloro. will be hut carried
out by acting under any Of circumstances.
Win reference 10 the same great Objects, and doing
justice alike 10 all. The great principle Of that
was moderation aud CANCELLATION and THIS should new
er be lost sight Of But the measures proper and
cessary 10 carry out Ihut pr Icipe may be changed,
If the altered circumstances of the country cali such
change, without any departure from the principle
ITSELF
Nothing is more established by our experience.
ana the experience Ofolher nations than thai the aug
mentaIiOn OF duties does not augment in an equal
degree, the cost Of the article 10 Tho consumer Ia
many cases appears not 10 increase that cost all
Very often ihc price 10 the consumer Is kept down,
Notwithstanding Increase of duties partly ~ the
greater supply Of the home production, and partly by
the reduction OF the price n the foreign market IL
Is believed, indeed, that there have been cases ~
which the joint operation of the Two cnuses has oc
n casioned prices TO fall lower han They were before
the increase Of dulies was laid
} This result m the operation oftrale aud business
might readily be traced 10 ITS causes; but full
position Of those aud tho modes OF their ope-
ration, would too much swell this report. Suffice
u To say, that when additional duty laid oE au
article, IN country in which that article extern
svely consumed. the burden always falls in part,
and sometimes, experience has shown, altogether.
upon iho foreign producer. Tie iDrcign producer
must sell; and IT, in The place Of sale, no finds an
article produced on the spot which comes into adj
vaDtageOus competition with his own. by reason OF
paying duties. he still must sell and for the sake
Of being ablo 10 do ~ he must be content 10 bear
the burden Of the duties himself The Gaiy borne
by the foreign producer in such j. like the