Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1842-05-24


supposed that trade with Great Britain has, since
the Compromise ac been particularly dsadvantageous
to Us in this respect We happen to have before US
complete table of exports and imports to and from
the British Dominons from the year S2l 10 $40, boin
inclusive being period Of 20 gears the rst IL years
embrace the period of the high Tariff policy and the
las, years Of comparative free rade appears from
this table that from 1921 10 1892 inclusive the u Ia
riff years the whole of exports to the British Do
mnons amount in value ~ 1898, 46 93 and the whole
OF our imports 10 S423 62G. 422 showing that during
the ~ Tariff years imported Of British products IN
value about S42 600 COO more than exported OF our
own products TO the British Dominions. ii also ap-
pears that from S53 to 1870, inclusive, the years OF
comparative free trade, the whole Of our exports 10
the British Domnions amount in value to S413,23
e7i, and the whole of our imports to S4oJ,cO9,39o;
showing, that during the years Of comparative free
trade, we exported 10 the British doinions, of our
own products in value, about Sl3,00000o more than
we imported Of British products If the comparison
Is confined 10 the years Of the highest Tariffs, from
1924 10 1885, the result will be smrlar-and iii near
ly the same If confined to Great Britain and Ireland
alone apart from her colonies 1t seems then that,
reference to Great Britain at least high Tariff makes
imports greater than exports thus turning The
trade and exchanges against this country-whIst Tree
trade makes exports greater than our imports thus
turning the trade and exchanges favor ut tbs coun
try. Experience here again confirms what reason
teaches But after ALL the material fact IN this discus
sion s 10 rtan the comparative import and export
Of the precious metals during these perIods-or upon
the result of this comparison the whole argument OF
our opponents must stand fall! we are informed by
the Repor, of the Secretary of the Treasury, that
from the year 1921 to 1892 inclusive the same Iarl
perod, the whole amount of specie exported ffoU, The
United States was Ss4 ,53 4li, and The whole amount
imported during the same period was SCI .3os,os4,
showing loss the United StSes IN IL farm years OF
about $4,000, 0OO-wbiIst in the remaining years,
the period of free trade, from le33 10 1e4 or this
Report includes the year ls4l) the whole amount of
specie exported from the United States was s5OlO6,
sos, and the whole amount imported during the same
period was So9,l43 4l6, showing gain to the United
States in years Of free trade, OF about 600
No doubt that this great excess in the imports specie
above the exports during the last years, is 10 some
to be attributed to the sale OF State stocks in
the foreign market-but it believed that, to very
great extent, it is attributable to the increase Of the
exports of our domestic products, during the same
time 1t is, at any event, obvious that high Ia
rid neither brings nor keeps specie in the counry for
during the Tariff years we certainly lost more than
50, DOC, 900. And now what becomes Of this new ar
gume Mt Of the Federalss in favor of Protective Ia
riff 1t rested upon the assumption that high Tariff
brough. the precious metals into the United States o.