New-York tribune., 1842-03-22

q. 2octaeluc !Iaaes-
On be aocr. ,~oc;A before $stoloo
AID % he Id; vec;h besore s,o.to ~ : s'ss'"
Duty . pr ceSc 5000
The prices to ;ne consumers. Or expo-.c-s -
advanced accordingly cach Earring al;kc i, -,
tn, trade s;;,l :rc,
Bu: high prices, says NJ. Racquet. rcss..ce CON.
sumption and amount Q: imports and Consequent,
Ct exports. This depends on the manner TIE IN.
tres are isposc> Of a-c; other circumstances +,
taxes had {, BE pad before BY t2c consumes IN
specie, equal in amour, 70 TIE % per cca;. row
levied on The goods, and should Trey be iaAea 81
and the expenses o; ;ac country De PAX BY ri,
revenue. consumption would still go on witcov,
loss TO TIE consumers ia the government,
Again: il Toe duty be levied AMI disbur.s;
among the people for improvements BY which
they woa!d 81 gamers ia their trade. o.. ,.,ta;rs
such as railroads. canals, machinery, a., o.h.
useful arts, tie bcneti, OF which, would Dc eor;,s
len, 10 > per cent advance the articles co5x,.
med would any loss ultimately accrl:c 10 either
country BIT the contrary, would there no,
I De permanent gain ate: the first COS, was ge:s
| cursed IL catuc in BucnoS Ayr>s could b.
.ansh, and marketed cheaper BY means o: tie our,
Law of $3.50, 600 duty, ard tour could be ground
J
in the United States, would not prices ultimately
! fall, ,hc quantity be largely Increased by :a>s,
new facilities and trade be likely 10 be carried on
perhaps more extensively, and as free betorei
/ Bur f. on the contrary, the aiaouut o; the dun
levied, in addition 20 former bun;ens, should h
sQ,.aadercd in Useless projects. lost il, Improbable
wars, or thrown away II diseracctUi tribute to
foreign and r,loacio,I> rivals, then the suffering
country would nave 70 feel Tie tax imposed
reduce, consumption OF imports. and consequent
decreased exchange o: exports. etin:innt;ono
the profits o, trade, wosld have 10 follow Sh-uid
like circumstances. however, ;~kc place IN botl
countries the relative changes ard ,ra:!!c though
reduced. would DC aqua AID free between
themselves thong h in contrast with their former
situation. with other nations, they would each
be relatively poorer. Every new levy OF impa's
thus wasted would make them St!ll poorer, xii
finally ruin or n revolutions would ers,c.
But should one country only be exposed ~ these
wastctiil exae,io.s ard the other have is nyen.,
udiciouSly appropriated, then wide difference
w-uIl soon be nantes, in their relative condition.
The provi,lcn, would soon consume abandon
the ir.lprovidcnt after dcspo!iug her OF tier money
reserved for Il balance oi trade and being able 10
produce what she had formerly imported, Is well
as exported bv wise distribution and protection
OF labor she will eventually become rich and in
dependent. Hex foreign carrying trade might b.
,ii,nini she'd but her domestic exchanges and inter
course would increase She would at least have
some trade, which. It she imported every thing,
say all the hides reduced ultimately to nothing b,
Mr.. Racquet; supposed foolish imposs. aud eS'
| ported nothing for nothing She would indeed be
I bankrup,cd III every thing
Bat there is still another view OF the case. Ii
is admitted by opporcn, that Bucno, Ayres
| evics the first duty trade, injury 10 Is
rs well as to t,cr, but no insists we should only
make it greater By rescnting il. How Is this =
Bctwecn individuals, is any attempt at over,
reaching without an equivalent fraud III law
And should we not consider it a contemplate paI.
icy in any nation tamey to submit to the first in,
suit u,, her honor whether by fraud or force The
champion of free trade, however, is for taxing 1t
| phosophcallv and turns both checks to be smll'
ten under the plea Of bcne.tting ourselves by the
folly of orr adversary. We doubt ii such an ao'
struction is of American org jim. 1t appeared not
| in our Declaration of Independence, ant forms 10
part OF our Tree Constitutions.
If Buenos Ayrcs has the right Of imposing re.
striction, We have like right; and honor we'll
as interest bids US retaliate If She resolves "
DESTROY her exporters Of hides TO riisc revenue
or 10 build up flour mills, our farmers should be
protected in the rai2ing of cattle to supply the d.
intuition OF the flour business. 1t is IDLE 10 stand
still aud have duty after duty levied Oh dccla
ing trade and bounty after bounty bestowed by
foreign governments, to superscdc in the pro
duction of agricultural and manufacturing.
staples, as has been the case WIKI indigo, and TIA,
soon be with cotton, and for to still keep our
ports open for the free admission OF these articles
out Of courtesy to any country.
But there Is still another fallacy in MIR. Raguets
argument, that must make appear. ne
asserts that duties imposed by Us IN retaliation
arr dead burden upon the people; whether ~,
40, or 100 per cent, only aggrayatcs the evil 10
ilicted on By foreign imposts. Is this 50 =
! What becomes OF the revenue, we would askl#lS
collected in specie only to be thrown away !
Or Is 1t used for the necessary support o! govern
rnen,, the maintenance of navy for the protection
of commerce, and of or army to secure Peao.
within our borders? Is not the expenditure Tor
the public offices and post-roads, for the establish
ment of in,crnal improvements, widening the
sphere OF support labOrcrs and artisans
OF advantage to the natiUn--and are no.
these vast blessings paid for by the revenue! IL
is not thar nothing is to be gained by Il coaf
| tervailing policy but the cutting of OF our owl
! fingers, as Mr.. Racquet politely assumes. Nations
are NOT all independent Of the necessarlcs and lux
| uries we have to part with, and people are nd
such idiots as nc supPoscs, to stand still and DO
without them, il we resist their anli-rcciproca.
cncroachmen,s a tax tea, Indomtably re-
sisted by handful o. frcemcn, conyused tbs
world IN It's consequences. 1t guvc birth TO the
true principles of free trade; the only kind lH
deed, that free an. honorable nation can en-.
courage. The let alone and take what can
get policy, advscaied by MIR. itaguct and MS
Southern irlefds, is not American in any shape
false philosophy may pace It.
Protection TO all the interests Of the country IN
az - .rht on eEi