New-York tribune. [volume] (New-York [N.Y.]) 1841-1842, 1842-02-16
,,,.,;c,, Industry and The Journal o
Commerce.


woud-be conicmp,uous snccr, and daily reiteratcs
tie same bald, deceptive assertions. In its lead
ing article oF YESTERDAY on Discriminating Du-
Ties i, disposes of the whole subicc, b. few
such old acqnantniccs these:
We do how ar. able TO put on face 10
claim that the whole shall be compelled 10 pay
higher price for the articles they make and sell, IN order
that their trade may be rendered profitable
If the duty rweny per cent. is 10 be assessed on The
home valuation the protection 10 home cnterprzc will be al
least thry-three and third per II coHld import
iroa free oi ,iny >ty dollar then will he mace.
this Country, II can be. ~ eighty dollars Il ton
We suppose that o. readers wou!dbe almost hor,
rsr-s,rucki say that all the iron made world
subject the Country 10 o,ltv" and absolute loss OF Ju.'
twenty onr ton Yet this Is our understanding OF tins
Inaitcr.'
Now here are the old assertions which haze
been refutcd hundred times over by the friends
OF Protection. vet they arc asserted again without
London Assurance which must have been bor-
rowed from some of the British Agents whose adj
refreshments sustain that paper. In defiance Of
the absolute demonstration of Mr.. Hudson ;
Speech, and hundred more like it, none Of which
i, has attempted to controvcrt the Journal coolly
assumes as unqucstioncd two erroneous fallaclcs ::
lst that the money price OF article the absolute
measure of its people IDLY tina, duty Of
20perccnt. an article partly offorcign and partly
of domestic production increases the price OF the
article by so much even more. For instance,
Cheese is or till lately. subject 10 an import
duty Of nine ccntsper pound, and according to the
Journals logic, every buyer of Cheese was taxed
nine ccnts every pouxd for the benefit of the
producer; We, wcall know that the average price
Of Cheese under this duty was less than secen
cents a pound. If the Journal were correct
Cheese would have been considerably less than
nothing a pound, but for the duty. Mr.. Hudson
gives list of Protected articles, which grew s,cadi
" cheaper under II constantly increasing duty;
and, indeed. all nur Cotton manufacturers tell the
same story Butt is useless 10 heap proof upon
proof of the tendency of wcll-liroc,cd Prntcciion-
by giving stcadincss 10 the Home Market, conf
dcncc cnrcrprizc and induccmcn 10 skill and in
dnstry-to reduce the of lie Protected article.
Heap evidence high rs you WILL yorl cannot COM
pei the wifullv blind tn see it, Their stubborn Oh
tuscness stands them in the stead Of argument.
SO "a to the first gross error of the Journal.
and YET we will Try once more to let in little light
upon It's encrusled understanding. Let us admit
that Great Britain can make the Iron, Cloth.
Hardware, &c chcaper-tha, is, for fewer dol
lars-than we pay for them TO our own work
men. Our true policy, then. according 10 The
Journal and all thorough Free Traders, /. to abo!
ish all duties, and let in the products Of other Ma
lions perfectly frcc--the more the bcter-no mat
ter whether they tax OURS five per cent. or tvc hun
no
nails logic be worth any thing we should make
twenty per cent. by the npcralon-in oll.rrwords
our Labor would he in better demand and our La
borersrcccivc twenty per cent. more than at pre-
sent
The first effect of such policy would undoub-
edlv be u large increase of our Imporatio:.s Iron.
Steel, Woolcns, Hardware, &c. &c. would flow
in upon in vast quantities, and be ratified Of AT
auctions and distributed over the Country. Mcr
chants who had bought at higher prices would be
nndersold and made bankrupt. Manufacturers
would be compelled 10 give up the ship, diSmanll,:
their factories Turn them into warehouses for
British goods and send their workmcn adriit over
The COMMUNICATING employment in some calling
for which They are untitled, because our dcs,ruc-
tive policy has deprived them of employment, in
,ha, for which they qualified. Many would
remain long out of work, consuming their former
savings or living a burthen to others, and vanly
seeking something TO do Eventually they would
move OIL to the West, settle into less acceptable
empoyments at smaller wages. And thus, the
first tornado Of bankruptcy 10 business men and
dcstitnton 10 laborers being passed, we should be
ready to look around us and see how much we had
gained by Free Trade
Well, we have bought Of Foreigners. say for.
Eighty Millions of Dollars, the Manufactures Tor
which we Formerly paid our workmcn One Hun
drcd Millions. Here, says the Journal, have
made a clear saving of Twenty Millions per an
mum. But stop the ner. statement in dollars
does no, determine this; for zee may Juy for q
Jar less nominal price and gre r0stly more ruluc
IN return. Nay, in this case, we must, we houl0
do So The farmers OF New-Hanlpshirc for IN
stance, would buy of Birmingham and Sheffield for
-Four Aiions per annum the goods which they had
before pad Five Millions for 70 Lowell and
Nashua. one Million clear saving by Free Trade!
An no bitterly lar from it. rs thcv found to their
COS, in 1880 The wood the poultry. the veg.
etabcs, the coarse grains which they now sell IA
Lowell and Nashua ut high prices could no, be
to Birmingham; they could no, be sold at ali
tor one-halt their present prices Their dauch-
lers. who now by thousands earn two dollars ),
week whenever they choose at Lowell and of
course command the same wages every where,
would 90 back TO the fifty and scveuy-tivc cents
week they were glad to get twenty years ago, with
rroportionatc decline in independence education
and social condition. In short New Hampshire
would pay twice much in actual products for
her goods as she now does though buying them