New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1843-02-17

Mr. McDufhe has been making an eloquent and
vigorous speech in the Senate in opposition to the
Protective Policy and the New Tarih, which he
denounses as robbery of the Agricultural interest
and especially of the South. These assumptions
eign Manufactures average Che alledges) 40 per
cent. and these raise the price of both Foreign and
Domestic fabrics. Now consumption of For
sign Manufactures is $40, GOO 900, while that Of
our Domestic fabrics (including hats, boots, coats
&c.) 10 nine times as much, or $360,09e, 900;
and on the gross sum, or $4OO 100000, the Agri-
culture of the country now pays tax of 40 per
cent. or 60,000000; one-tenth of it to the Gov
eminent and tho balance to the American Manu-
4acturers of Cloths, Hardware Shoes, Clothes &c.
Let US test this grave assumption. Mr.. McDuf-
fs aledges that the consumer of any Protected ar
ticle pays tax of 40 per cent on it--so that i,
would be 40 per cent cheaper if the Tariff were
abolished. May we inquire phat IL is that would
be forty per cent. cheaper than now in the absence
Of Tariff Name the article, Mr.. McDuffe
VIII you venture to say Cotton Goods /? We have
abundant indisputable evidence that these aoere
French prints recently imported for 37d cents are
now manufactured at Lowell and Manchester and
sold for 123 cents--every way equal in quality to
the imported. Good Sheetings and Shirtings from
Lowell are now offered in abundance at to 6
cents per yard-better than we formerly imported
for 40, or could now introduce so as to supply
fully and steadily our market for 10. just so Of
Woolens. There never was time when One Mil
lion Dollars would buy more Broadcloth, quantity
and quality considered, in markets than at this
moment. So of Coal, Hardware, and all the eff
GENTLY Protected manufectures-so even of Iron,
on which slight rise was to have been expected.
The fact is, that all the efficiently protected pro-
ducts of Home Industry are loaoer than they were
before the TariH-lower than they would be with
out It. Now and then lot offereign goods would
be sold ruinously below the of producing them,
and so interrupt and break down our Home In
dusry, but the average price would be higher
without Tariff than it now is. Mr.. McDufie and
all the Free Traders, who reason from their theo-
res in defiance of ascertained and notorious facts
ere daily deceiving their implicit followers and
sending to bring ruin on the Country. The Tariff
is working just right; but it cannot do every thing
--still less in minute. 1t must have time to
build up new branches Of production--to assure
and diversity the industrial energies of the Coun-
try. 1t is doing great good now, in shutting out
the flood of foreign fabrics that would otherwise
inundate us--but it has not yet created Currency
lit has not fully quickened the manufacturing In
terests because Of the scarcity of money, the rot
tenness Of credit and the apprehcnded danger that
its provisions will be repealed greatly modified
next year. Still, it is doing good work, of which
the benefits will become more and moro apparent
with every month of its stable existence. Why
should it be SO vehemently, baselessly assailed
VIII not the friends of Home Industry arouse to
their dangerl