Daily Richmond Whig. [volume] (Richmond, Va.) 1840-1842, 1842-08-12
COMMERCIAL NEWS.
NEW BRITISH TARIFF.

| NEW BRITISH TARIFF.
The British Parliament has recently revised their
Law regulating duties upon imports from their colo
nles and all foreign countries; and many OF the press
es in country refer 10 il Cor evidence that the OK
perienced aud profound statesmen Of England have
abandoned what is generally understood here, as
tho protective policy, by means Of Discriminating
duties so long advocated by MIR Clay and his lends
and fallen back upon the system Of Free Trade-so
warmly espoused by tho theorists Of S. Carolina and
William & Mary College.
| A friend has furnished US with late number OF
the Liverpool European" containing the new En-
glsh Tariff entire, from which we have prepared a
list Of oil articles contained il. which produced
in or exported from, the United States, or the Br
fish American Colonies, with the duties imposed, in
each case those upon articles from Countries foreign
to Great Britain being in the FIRST. and those on the
same, from the colonies, baiog in the second column
And FOR the convenience OF the reader each item is
carried out in federal currency at the rate Of 81 so
TO the pound sterling.
| On examining this Tariff il will he found, that
the protective principle :, carried out TO the fullest
exient-even to prohibition. and that the agricuu-
raj, commercial and manufacturing interests OF c.
Britain and her colonies are cautiously guarded a.
sanst the rival interests Of all foreign nations.
Let us note some Of the leading features in this
stree trade" Tariff In the first place. all products
OF the Colonies, liable to be met in the British
ktt by rival from foreign country, are, ia every
instance, protected against such competition by a
double duty on the latter; and, as il apprehensiye
tina, in some cases that might not DO sufficient to
secure the homo market to the Colony, the pro,ec-
tive duty is raised to quadruplc, ten fold, and in
&. IA C.l IL.
sum, bacon, spirits and susars-ihc staple products
OF British America. In the second place, all raw
materials, indispensable to British industry, which
are Eos produced in the Colonies nor at home, are
either free or taxed but nomnally-as in the cases
Of cotton, spelter, and o;her articles. Again-the
main agricultural productions of Great Britain are
fenced IN with walls impres nable to the whole
mercial world. Bresds,uffs are taxed to prohibi
ton, till scarcity bears up the price nearly to the
point OF starvation. when they admitted under
varying scae, which. from its complication, is omit
ted in the catalogue below. Hops, which are cul-
tvated 10 such vast extern, in ngand are SO we'll
adapted to the soil and climate Of our own country,
and constitute tho basis of the common beverage Of
the British realm, taxed in this bill with duty
OF S2l 80, the ll2 lbs which is two or three hun.
dred per cent. upon their value in our markets In
fine, from first last, the home market is secured
TO the products OF British agriculture by such pro.
teetivc duties, throw the highest and the worst in
the "bill Of denominations" OF lS2S, wholly in the
shade. And John Bull watches as closely the Pa
risian mllliner as he does the Continental or Anne
rican wheaI-grower-he has taken as good care of
the artzan rs the tiller OF the soil. Ladies' hats
and bonneis, which can bs had across the channel
almost for the asking, are charged So 90 EACH ard
manufactures of silk, which are almost spontaneous
N France and Italy, are charged with duty of
30 per cent.
But on articles which arc neither produced in, or
shipped from the Colonies to the mother country,
the duiy-colonal and foreisn-is the same. This
is doubtless done for 6liad-to impress the care
less observer with the belief, that in all her COM
mefcia regulations, England places her colonies and
all foreign countries on tn. same footing, US some
three iourIhs of the items in the long array consist
oil extra colonial articles and are charged with the
same duty in both columns
Since our table was prepared, we have seen one |
IN the Journal OF Commerce, giving the English !
duty on Wheat and Flour, per bushel and barrel,
and in dollars and cents, which is annexed. This
is the foreign duty, and starts with one Of 6i per
cent. at the frs, hop!
Duties imposed by me recent English 7arig Lals. on
Imports from Foreign Countries aud Colonies.