Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1841-09-21


In 1890 two years after the abomnabe tarll ol lo-o
was imposed, the imports OF woolen goods IRON Eng
land into this country had reached lis highest point
Since The reduced tariff OF 1883 the import has iaen
more than 30 per cent The decrease has taken place.
while the population has increased in the country ~
per cent and from the fall IN the prices oil goods, an IN
crease in consumption may reasonably be expected
The consumption Of woolIPn goods IN l55O was comPu
ted at so 100000, including imports, domestic manu-
features and those fabrics o household make, 50
much worn North aud West. In consequence Of the
cbeapncss Of Foods, this last description has been sup.
planted in great degree BY factory goods, ana the ioa'
consumpon nav now be computed at ,uOD An
increase of - per the imported goods will raise
the price Of the $40 600 600, tax Of % per an.
mum on every man, woman and child III the Inltcd
States IN this one article The actual tax put upon the
people BY raising $l2C00,00O of revenue by taxes on
manufactured articles imported, Will be fully equal to
an annual tax of 500, 900.
The decreased exports Of woolIcn goods To tins cnun
fry exhibited III the above table, may doubt be
i'm great attributed 10 the decrease OF price
here giving less room for smuggling. The foreign
Goods al low duties have competed more fairly with The
domestic manufacture. The latter has consequently
been more prosperous and the exports Of gland have
decreased. Additional duties will raise the price here,
and again pay well for smuggling goods across from tine
Canadas and thus prove detrimental to- our manu-
features than low duty.
These causes for decreased export OF goods from
England have not operated solely because similar
decrease although To not great degree, has taken
place IN I'll other countries The aggregate decrease
being nearly one half. The decrease - confined most
" TO those countries, which may be called corn.grow
ing countries, VIZ Russia Germany, and the Jui'ed
States. Taking into consideration the Increased popu-
a,ion in all those countries we'll IS The increased
number Of productions IN England, the falling Of IN
the trade becomes much more marked and IS one Of
the best commentaries the policy OF the protective
system of which England is the great head in the
present state of the commercial world In the revo
luton that is and has been gong since the re-
vul>on Of l-3G-1 in The commercial system OF the
world, il is ntc highest Importance hat proper course
should be pursued, order 10 to this country
that asccndancy 10 which is extent and resources en
,illr il. We have been for years borrowing capital
from airna! and have reached position wherein
~ strict economy stand hy ourselves and remain
firm through all changes, but al this uncure the high
est ambition Of the statesmen Of the dominant party
seems 10 be 10 follow in The wake Of England "Greal
/ britain has National Bank, said Mr.. Clay, sand
therefore the u 5. should have one. Eng land has
National deb, and therefore the IT, s. should have
England il has been assumed, has grown great under a
protective system and il is supposed that that is the
| the oalr plan hy which the United States w,!l grow
great, England is highly taxed say they, and the c.
zcGs Of the United States afford 10 pay much.
These views 10 be- the basis winch The National
policy OF the dominant party bnilt, and would have
been carried out hit irr the stern and primitive Ike.
mhlca,.isia If John Tyler. Ills veto Of thu National
Bank VIII tina, question before the people for de-
cision IT the coming elections. The result cannot be
doubtful. The death-notcs the banking system may
be heard daily forth from every institution in al!
sections Of h. country.