New-York tribune. [volume] (New-York [N.Y.]) 1841-1842, 1842-04-08
NEw-YoRK, FRIDAY afoRNENG APRIL 8. ss4o

Whatever articles are. iar-fetched are proven
bialv .dear-b ou sht; inevitable necessity dictates
this, and commercial rapacity aggrayates it. Very
many articles are now daily charged to the con-
sumner at least sir times the price that was paid
to the producer But this can only take place 10
any extent where the producer and consumer are
widely separated fron each o,her-usuav= by
oceans continents. LctuS encourage and diver
sifv Home Production until every thing to which
our position is genial shall be produced on OR
own widc-> pread territory and fertile soil and this
cnormo i, disparity viii cease.
In support of the views here adduced, we mas
add thai even the Free Trade AUTHORITIES of Fig
land do not counsel an abandonment OF Protection
in any case analogous 10 ours. Adam Smith, the
great oracle of that faith expressly approves and
lustities the British Navigation Act. which is not
merely exclusively Protective but aegressivcly 81 :;
and even Mr. j. Deacon Hume. whose evidence
before the late Free Trade committee OIL ara-
ment, Is 50 widely quoted and SO sweeping against
me British Protective system in that same CYL
dcnce insists that the Free=Labor Of Jamaica
should not be left to naked competition with the
annually recruited Slave Labor Of Cuba, . con-
ceive'' saws he that tAis question IS taken en-
tirelg out ftAc cateeorgot Prec TRADE. we
need not indulge in any comment
Your Conpitiee have rcfraincd from pressing
the argument that the multiplying and varying OF
the pursuits Of industry in our own Country must
inevitably afford fitting and congcnal employment
to far greater variety of talents, capacltle- ana
incna,ions. Than would otherwise be absorbed IN
them and thus vastly increase the product, wealth
and hanriness of the Pceplc,-and That those
fabric, Of. which the domestic production has been
fosrered By adequate Protective duties have al
ways been afforded at cheaper AID cheaper rates,
until they vastly undersod the foreign competitor.
Neither have they taken occasion to show, as they
might easily have done, TINT many articles which
can be reduced here cheaply, even by the dol
lar standard rs elsewhere, still need moderate
duty on imports to protect them against the 'ctu-
alton of European markets, glut IN the foreign
production, or the desperate efforts at iorcisn
rivalry, which understands that by breaking down
our Home Manufacture it mag secure t" Itself
monopoly of our market FOR years, and thus reward
itself for an OUTLAY Of thousands BY profit OF
hundreds Of thousands Neither have we dwet
on the importance OF preserving the Industry and
Currency of our Country from Il degrading and
ruinons dependence on The fluctuations Of the Stock
Exchange of London, the Vaccinations Of d few
commercial capitalists in the dark purlieus of the
Bourse Of Paris or the Bank Of England Athcse
considerations will doubtless be exhibited in the
Reports ofthose Committees towhch the respect
i've topics more properly belong. But without cx-
tending farther illustrations, we would respect
fully submit lhatt the Principles of ProtectionapPe
to us those of true Political Economy, tar-sccing
Wisdom, and practical Craftsmanship their spirit
and tendency consistcnlwith universal bencvolcncc
and good will; and their observance and enforce
ment in our legislation and policy essential 10 Ma
,ional Independence and general well being.
All which is respectfully submitted.
HORACE GREELEY,
STANFORD NEWELL
s EARL HOWARD,
X. D. MAXWELL