The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1842-03-27

4 .nt saturday, March 20A6 p NJ
The transactions at the Stock Board were small to-day
and prices did materially vary. Del Hudson
I Harlen3; Long Island Indiana So fell I; Mo.
haxki per Sales Of u. States Treasury notes. .:
as t.t l,tf .lttf'
The British via Halifax, 10 now anxously ex-
pected. She has been out % days. providing she
sailed on her regular day, in which she will bring
thirsen dsyslaer news. Her accounts win be very i'm.
portsnt in many respects. .-1iff', ,'ri3 5ir
We recently compiled and publshsaa table sho wing
the value OF the manufactures Of the u States and the
value Of the imports Of the articles in the
yeai in which the census taken. The aSKreg ale
showed the domestic manufactures to be $685. 66
and the Imports SSH 4o7ll This article was copied n
to most Of the papers went to show the great burden
oftaxation that must result to the peopefrom attempting
to supply the deficiency created by giving away the
public lands by levyng duties. That article has
been thus commented on BY penny paper. used the
organ Of the advocates of high tariff: s.r ~
'We take the following table Of Manufactures Of the
United States compared with the importa Of the
it irpublshed to subserve the cause II Anprotection
The reader will understand that the value affixed TO the
Imported Goods the Custom House or lmporters Va
luston. The actual value OF those Goods, doubt.
less one hundred millions of Dollars-at least half Of
which might have been saved to the country and added
TO the wages, savings and comforts Of rs working
BY efficient protection Since September 50. 1870 ct
whichtme the years nsancedin this statement coses
has been largely the great injury and often
to the utter destruction Of the Home Manufacture But
here Is the tablet 1't 'tss sirfJirn rcit-
This presents the usual bold assumption aud preposs
rous deductions which always attend the arguments
used support the exploded aacss oftrads monopoly
Thesagacious author first states that from the
Globe; harmless but characteristic prevarication
The next assertion is assumptiaA that although the
imported goods valued at being the sworn
value ofthe importers they worth being
general chsrge Of perjury against al impcterstrp.
lysyery modest and conclusive iwsy Of sustaining
position Now how far this Wholesale statement il borns
outby the tr.th easily discernbls BY examining
article Of Importation. We will take that or cation
goods Is It 10 article in which the greatest copeti
tion exists We find that the whole value of importa
ton was 20 so4 asa We may now examine the qusnt
ties Composing that value We 6nd In the Treasury
tables that there were l56lsoo2 yards Of dyed prn
ted or colored goods valued at So 9es no. which in
fraction over 10 cents per yard This sworn value
OF importers, which duty paid Now ,ssato
the actual value which according to- the above para
graph should have been hryeigh cents thu last sale
Oh identical goods asmade ct Hsggerys Is 70
IL ceussper yard about per cent Of the prime cost
wishout duty We may take another article pis-iroa.
Thequantity imported fifty at cbst Of sl4
$780, per ton-the duty is sio making thscost of
importation $50 The market price for American pig
irouis $sA An examination Of every article will pro-
ducethe same results So much for ths bold and reck-
Less assertion that imports worth double their sworn
eostac sl ski.- t'-e.i fncftl,s,ss s5rr.i Il
The deductions from such ents are Of course not
worth notice. but they involve an argument that ID
much used against the purchase of foreign goods we
may as well notice it, is that the produce paid for
those goods thrown away shave been saved
to the country" the foreign goods bought
In another part of the paper clsmor for tariff is
raised because England will not buy our produce-
Now this does appear little unreasonable First,
the complaint is that England will buy our goods
and then that she does buy them but pays us too
auch for them. They send their goods here and sell
them, too low Our manufacturers offer the farmer
aoyards Of certain description Of goods valued in money
at IS Cents per yard for barrel Of Aour The English
manufacturers offer him thirty ards Of little better
description for the same barrel Of four This offer tf
the foreigner s certainly better for the farmer but the
domestic manufacturer says it will ruin him; he cannot
continue to make cloths cheap will have 70 20 to
someother business unless the farmer win consent that
government shall impose tan sufficient to prevent
him getting more for his produce than the domestic
manufacturers choose to give him. That the people Of
England are obliged to submit these taxes
avery poor reason why the people Of this country
should DO 70 Voluntarily More agricultural produce is
raised in this country than its inhabitants can consume
and this must continue to be the case for centurje to
come Aner the inhabitants supplied the surplus mutt
go abroad sold at ALL and sold abroad foreign goods
mast be taken exchange. If refuse to take oreign
goods lose their mark et
at the same time they have E pay double price for their
supplies at home. ~
sales at the stock Exch.u~.