The Ohio Democrat. [volume] (Canal Dover, Ohio) 1840-1900, 1842-12-22

vSntageous or hoslls TO our interest aud The
true pollcy of the country. TO tariff foT
reVenus purposes honestly adjusted with that
view, and furnishing Inclden ntal protection TO
our manufa clures, have o objection, but on
the contrary, am favorable. llI convenient
mode OF supplying the natl onal treasury with
the necessary means of carrying on the gov
ernment, and one to which the public mind
has long been accustomed and has been ac-
qnIesced IN generally, without much complaint
from any quarter. A duty imposed wht hsr It
is great or small, on the importation oGfereign
goods; Is protection to tho amount of that
duty 10 the manufactures ofthis country. We
are told from an authentic source that it will
require twenty seven millions annually TO sup
ply The necessary demand Of the national trea-
sury. More than three millions Of this can
not be raised from the sale OF our public lands
leaving twenty four millions annually to be
raised by revenue tariff. To rBise this sum
will probably require duty Of twenty -6vo per
cent. When we add 10 this duty the cost Of
importing goods from Europe, which is ab5ut
eght per cent. we will 6nd that our manufac-
lures would hae an advantage. in the Ameri-
can market, overlhe foreign importer, Of IhiE.
ty-three per cent. This belive would fur
nish 10 our manufacturers all the protection
necessary to enable them successfully 10 com.
pete With foreign rivals A tariff thus based
on the revenue principle furnishing incidental
protection 10 our manufacturing Inters st is all
that sh hould be desired. This interest will
then receive more of the fostering care of
the, e,Govevnment than any other in the coun-
try.
The limits Of this address will not permit a
general discussion of The tariff There are
few reflections. however, connected with The
high protective tariff policy as contradistin-
guished from tariff for revenue; which, |
trust will not be considered out Of place on
the present occasion Such tariff will ei~
ther raise the prlcs of manufactured articles 10
the consumer or it will not. lflt raised t he
price TO the consumer, then it is tax on the
agricultural and ncn manufacturing classes,
for the benefit of the manufacturing capitalists,
and instead OF encouraging home industry, 10
AJAX on The labor of the great mass for the
benefit of The few. Ifn does not raise the
price 10 the consumer it can be ofno advan-
10 he manufacturer. lfn dmn Shes the price
as some claim il is positive injury, and, con.
sequently, could not aid in creating home
market for our agricultural productions. But
it does raise the price to the consumer, by
exc'ud'ng1 oregn goods, and giving 10 the A.
mercan manufacturers a monopoly of the
home market; hence the solicude OF manufac-
turing capitalists to procure an increase of du-
tIes. 1t becomes Us, then TO inquire what eff
feet The protective policy will have on The
great staples Of the west. 1t will cut of, or
al least diminish our foreign trade. Other
nations will not buy from US, unless we bye
from Ihem. If we exclude their pr Oduchons
from our market by duties go high as TO pre-
vent them from selling al a fair profit they will
not pur chase our productions. Nations, like
individuals, will trade with each other so long
as they can exchange their respective COM
modiues on mutually advantageous terms, but
no longer. The advocates of protection
claim that it will furnish US a sure aud steady
home marke, for our breadstuffs and other sta
pies; which will be more advantageous, and
more TO be relied on, than foreign Market
However plausible This may appear a, first
view,l apprehend it will moi bear The lest of
critical investigation. The manufacturers
who are TO consume our breadsuff, end other
staples, do not number more than haf mil
lion. Suppose the number should be doubled
under the favorable auspices OF the Protective
policy what amour, of the great staples Of the
west would they consumed The ives, could
not hope TO monopoze the whole markell
the agrcul'ualists in the northern and middle
States would supply this demand al leas, 10 a
considerable eX ent, il moi entirely. The west
therefore could not hope 10 find market in
that quarter under the most favorable aspect Of
! trade for more than three or four millions Of
bushels of whea'. To supply this northern
market the five great western S a'es, and two
Territories embracing region of counry uu-
surpassed by any other portion of he globe,
Of similar extent in lis capacity TO furnish
breads 'uifs would come in competition. This
vast region Of country in few years will be
able 10 export annually sixty millions Of bush
els Of wheat alone. Should the west be able
10 sell 10 the northern manufacturers even ten
millions, annually, where will The remaingiog
fifty millions fud markel?It must seek for an
outlet in the south and foreign countries. The
idea therefore ofbuildiDg upa home market
for the vast productions Of the west 10, in my
judgment visionary in the extreme. We
want the market Of The world foJ our prOdue-
lions: and that policy that has a tendency to
cut off our foreign trade, and exclude our sta.
Piles from The foreign market is hostile 10 oul
true interests. Ii 10 seeking to build up the