Richmond palladium. [volume] (Richmond, IA [i.e. Ind.]) 1839-1854, 1843-05-13


e and offer to sell to the farmer fer fifty
u less than the halter asked for his, but requir,
!, cash instead Of produce in payment; won
e the farmer by taking the cash from his draw
Q and paying for the ha, while his produce lay
e pom bis hands without market, ge, the ar,ic
: cheaper than if he had bought il from his neigl
Dor! But suppose be mad in faci bought the ha
for fifty cents less than his neishbor asked, an
was able TO sell his produce rs 10 re plac
the cash hei had paid OUT tog the hat, ho'
then would the account stand asxt S.ree.:s Tn
halter quit HIS oC=inUss vs%duse his CUSTOM
ers could buy cheaper hats; Of course he mus
turn farmer The amount Of produce would b
doubled, and would the demand for hats; III
pedar arrives again with his British hats; he nov
; has two families to supply instead of one; bi
competitor has been driven fron, his business Il
farming by the cheap hats, and he puts no
only the other half dollar the price Of his hats
but adds fifty per cent, so that III the two year.
the farmer has paid higher nominal price for hi:
hats than If he had bought then. from his neigh
Dor, and the price of his produce has been dimin
ished by the increased quantity raised by two far
mers instead OF cne. On. limits will not permit
US to give the many that might be pu, to
!
ply the deficiency, and proceed to inquire,
| Whether a Protective Tariff gives TO the farm
| er for his agricultural products,
A Home Market!
This is an important question, but it is no, q
new one; il has for many years engaged the time
and talents of the best men end ables, statesman
of every civilized nation earth; we have the
experience Of ages, and the enlightened views of
4 aa IF I'D i
ing to a jus. conclusion. The writer OF the pam
phet 10 which this side refers. treats the idea as
faIacy. He says:
Those who contend th,, viii, say
many ns the earth and that we must hare some OF them
10 manufacture, by promising give sem for their
tcles than we should have to give TO oihers.'
For this statement We have the word Of The
writer Of the address. We have not cen the as.
ser;ion coming from any lriend Of Protective
T~-:1f - 80 i-r~.,ara 8 shr as.i. 1.sr;F f-e,
trade British school utterly denied by the TRENDS
to protection. As we prefer to give the grounds
OF the belief upon which we man,ein the affirm
alive Of the position, in the least questionable
shape, We will introduce to the reader few wit.
nesses upon this point, and then pressn. some
brief views Of our own. We have already pre-
scented extracts from Mr.. Jefferson. fully sustain
ing our position, add the following, written
by him in reply to Mr.. Austin in 1916, after the
late
"You tell me quoted by those Who vish con,in-
dependence England for nutacturs
a when l could quoted canior
Ne must noio place the manufacturer by the
side Of the agric,Aturist.''
Why so, Mr.. Jeffe rsoni The answer is obvi ous ;
that they may be mutual benefit TO each other,
the one furnishing the agricultural products, and
the other the manufactured articles IN exchange.
Mr.. Calhoun,
In 1916 was the champion Of a Protective Ia
riff, and one Of his strong grounds that i,
a,ed home market for agricultural products
He said:
"when our manufactures are grown TO certain perfec
on they will under the fosteriag Of Gorerr
n'enf will longer experience those evils The farmer
u find a ready market for his surplus produce and, VIVA,
almost equal consequence certain and cheap
ply of all has ,eants.''
MI. Galiatin.
The practical statesman and distinguished Fl.
nancier, long at the head Of the Treasury Depart
ment, may be introduced to the reader upon this
question with advantage. II was IN 1910 the
extract was written, and the reader will Of course
make the allowance for the increase since. but no
will find the position fully sustained. Mr.. Gala
,ia, in his able repor, to Congress srss s.ss pro-
| lection Of manufactures,
s.Es,imated the annual produc. of American manufac
exceed sl200o0,0oo and the materials
and provisions and other articles, The produce Of
the United States, eo,aed by The naaneturers created
market at home for agricultural productions not
much ,nferio, that ncteh from the ,cole foreign
demand"
Mr.. Dallas,
Secretary Of the Treasury, who was also one
Of the fathers Of the Republican party, 10 his We.
~ able report in 1916 says:
..The agric,4trist ,cose produce and hose focks de-
pend upon fuctnaons of foreign
will occasion eventually to the opport
nifty a ready sale for his wool or his in his
neighborhood and will understood
American manufactures which tends diminish
profit profit of the importer, does
recesary add to the price Of the article the hands Of the
consumer"
Mr.. Madison,
Ia bis annual Message of 1915, urges the pro.
,ec,ive policy in strong language. lie says:
alt will be additional alton for particular
fhe1