Democratic standard. [volume] (Georgetown, Brown County, Ohio) 1837-1850, 1842-08-16
NEWS ERIEs.-voL. III. NOS.

j. P'""5 WI" hs 'NO sOuthe1n branches
IS since The date Of their original creatio,
up to the present hour, have not coinet
one-hundreth portion of the specie cur
e rency with which the people of theIJnior
have been blessed. Under the policy o
n the democratic administrations oiJacksor
and VanBuren, from 1929 till ls4O,I F.;
e surplus Of more Than forly.six millions 0
: gold and silver have been brought from
foreign countries TO the United States,
through the instIumentality of trade
And that amount is greater than the uni.
ted internal resources Ofthe Union have
produced since the year 1921.
1t is urged, however, that the United
States should enact a protective tariff as
means of self defence and retaliation a.
gainst the corn laws Of Great Britain
This argument is neither sustained by
sound policy nor would It's operation pro-
dues the osiensible design. Every can.
did mind must acknowledge that The far.
1T upon bread-stuffs by which Great Bri-
tain ''pFotects" her landed capitalists
sIarves her poor; and discourages the i'm.
portatiOn Of American produce, It must
be admitted, we say, that the consequent
injury TO this country falls directly upon
The people of Ohio and other grain grow
ing states. Now, in what manner would
a retaliatory tariff operate upon the grain
growing people of our stateG Its opera
ton is plain and lis consequences Of easy
illustration; To punish Great Britain and
"prOtec" Ohio industry" it is proposed
to make the English manufacturers (lhro'
the medium Of tariff sell theiI goods
to the people Of Ohio at Ia higher rate
than they would otherwise have been
asked, and at the same time enable the
New England manufacturer to raise his
prices in corresponding degree! Thus
will be seen that instead Of retaliatory
tariff benehtIng the people whose sales
have been injured by corn laws, they are
made TO pay higher price for The articles
Of their consumption, and this, forsOOh
is called protecting their industry and
measure OF self defence! To illustrate
the nutility Of tariff by case of easy
occurrence; let an Ohio farmer with 900
bushels Of wheat start for the sea-board.
embark for foreign port, each bushel of
his.grain worth ST. before entry, pay 10
a foreign custom house 90 pOr cent. tar
if, exchange his grain for six hundred
dollars worth of British manufactures,re-
embark for the United States with his |
cargo, would he be injured or benefited
by a tariff imposed upon the commodity
for which he had bartered his grain and
in which the profits ofa years labor we're
invested?
But the advocates Of a protective tar
if. in order TO induce the agriculturalis!
TO agree to the passage of a tariff, by
Ehich he will be required TO pay heavy
percentage to the support of the manu-
fsciurer, alledge that it will Op-
elate benefciaIIy TO the farmer because
the market for produce will be improved
by the increase Of manufactures. The
argument, when reduced to plain propo.
sition, is simply this: the manufacturer
offsrs to pay more Of the farmers produc-
duce, provided the farmer will purchase
his commodities at an advanced price ;or,
in other words, the farmer is to give the
manufacturer so per cent. more for his
cloths than they are worth, in order that
the manufacturer may buy the farmers
wheat with the farmers money! If such
is not the operation of the tariff. or, if in
stead of operating whOlely in favor of the
manufacturer, it effects both with an E.
qual hand then it may well he asked how
is either bene6ited-neither having any
thing added to his profils9 But the gain
is in fact exclusively TO the manufacturer,
and the farmer by giving fifty per cent.
advance 10 the manufacturer, has reduc-
ed the profits Of his grain in the same a.
mount.
In connection with the argument last
considered, it is frequently asserted that
a tariff will create demand for labor. 1t
such were the fact, it would constitute a
more effective argument i'll favor of the
measure than any which can be urged
with truth. The design ofprotective du-
ties, is avowedly to supeIcede The import:
alton OF foreign productions by means OF
establishing manufactures in the United
States. Letit be supposed then for
moment, that foreign goods TO the value
of ga 900. 900 have been yearly import
cd 10 the United States, and that the tar
if law shall be such as to cause new A.
merican manufactures to spring into ex-
istence amply capable of producing 'nS
same value in goods. Now, cahuor WIN
forhid intelligent statesmen from denying
land equally those politicians who nave
No-tod Tho, the United States never pos
usso,,I ooJ nnre than a mere pittance Of gold |
sesSs s"d silver currency.1 these individuals,
we say, cannot deny that our foreign ore IN I'M
por,a,ions have baen Gnleny pald 'or IN
American produce. Ifih's De the case'
and It ought moi to be doubted, let us as
certain how the change will effect the
demand for American labor BY refer