Rutland herald. [volume] (Rutland, Vt.) 1823-1847, 1842-09-20
business Prospects.

The new tariff may raise the price of many do
mestic and foreign articles, and thus benefit those
who have stocks of such goods on hand, or the
means of Immediately producing them but it will
not directly increase the income of those who have
TO purchase these goods 1t would seem, then, that
what some will gain by the direct operation of the
new tariff, others will LOSE Vergennes Vernonter.
y(neufrdL pdper)
1t is quite as common to fall into error by ouertel-
ling truth as by falling short of truth altogether;
especially if there are pre-exisng prejudces in the
way to give an unconscious coloring TO the manner
OF telling the story And professed neutral is as
liable to commit the and possess the other the
scarcely more bigoted zealot himself. We appre-
bend this must be the case with the Vermonter for
it is difficult how else to account for the conclusion
to which it arrives in respect to the universal and
general benefit to be derived from the new tariff
To say, that by the operation of the tariff, pur-
chasers and consumers will be necessitated to pay
higher prices is TRUTH but thence to deduce that
they will be losers also, is ovER-TELLING the truth
The Vermonter seems TO regard individuals, Tor
individuals, at least as having community infer
eStS-none thatdepend upon other mems prosperity
or the prosperity of other classes of men. But this
is contradicting the most familiarity known fact in
the organization of civilized society. 1t is correct
theory to say, the true interests humankind are iad-
Uisi6ie. That which promotes the true interest of
one class or one person, conduces also the general
good. fit is for one mans interest TO have tariff
10 enable him to manufacture it is also for anothers
as it furnish him with employment-and for all
Others, as it supplies necessary demand from do
nestle sources and saves among ourselves money
which would otherwise be sent to foreign countries
for the same purpose. The operator himself is n
purchaser-and while by at ariff his employer is ena-
bed TO pay him just compensation for labor, which he
nj do tbn,e, = "a
advantage TO that operator than to his employer D.
And is there not certain indefnable dependence
Of all mems interests t0ih all mems interests, by
which the prosperity adversely of one affects the
other, and all others' If the prosperity of the capt.
tallss is enhanced-those men who have the means
and disposition to transact large busness--will not
that be the most direct method of creating demand
for that labor by which the industrial classes live
and does not past experience and common sense
teach US that under such circumstances the Use in
wages is greater than the rise in prices Of the ne
cessaries OF life! What is this but benefit to those
who have neither stock nor capital, as direct and
palpa5le as TO those who have land what class OF
order can possibly be excluded from benefit in times
of agricultural, mechanical, mercantile and com.
mercal prosperity, even though their several pro.
ducts and commodities purchased at an increas
ed expense We cannot see but the advantage i,
more direct to the industrial than to the capitalist
portion; for in times Of great depression Of prices
when the products Of labor sold at less price:
than labor can live by producing, the saving of OK
pense TO those who have the ready means of pur
chase, would go far towards equalling the profits
business in prosperous tines but the laboring
has no such gain from depressed prices, for h,
has no means with which to take advantage o
them. Labor is his dependence, and that depen