The Middlebury people's press. [volume] (Middlebury, Vt.) 1841-1843, 1843-04-19
PRESS.
Middlebury, April l9, 1913.
BUSINESS PROSPECTS.

"ioSt VI Jul iouuciS may tmoSiuS WIN
ourselves that to devote another column OF
our paper in following up the desultory re-
marks Of our correspondent, we were i'm
parting TO them an importance to which
they were not entitled. Sill they afford US
text for profitable disquisiion upon sub
jects which come home to the interests of
the people.
Doubtless to lessen the force of what we
might say in favor of The tariff on wool, our
correspondent has stepped quite aside from
the natural current of his thoughts to inform
our readers that the Editor of The Peoples
Press was a large wool grower, class of
our citizens for whom alone Vermont loco.
focos have ever dared 10 complain in the
!, adjustment Of the tariff. If We are SO des-
perately attached 10 the wool growing inter.
ests, we should be the first 10 be jealous of
the tariff on that score. And yet SO we'll
satisfied have We 5ee-, that our corre.pon-
dent takes the liberty to accuse US of blow.
ing up bubbles about the price of wool ever
since its passage. This however we now
take the liberty TO deny. We have asserted
that The tariff alone has sustained The pres.
ent reduced prices of wool, which without,
ii would be quite unsaleable and upon all
fine wool coming essentially in competition
with ours, viii eventually amount 10 dead
prohibition; ard that in spite of our multi
piled embarrassments will procure us from
% TO "a CENTS for the next clip. At pres.
emf it clearly has this effect, as no foreign
fine wool can be sold, except al loss, a,
our wharves at less than As cents.
But has Our correspondent ever so far
enlarged his comprehension on the subject
of protection. as to trace it through the
manufactured article in securing for it the
home market against foreign competition
Some otherwise very sagacious people are
so narrow in their views of protection, that
they imagine all that is Necessary to insure
good price for wool, is to prohibit lis i'm
portaiion. But little reflection will con.
vince US that this will be useless, unles, you
reserve the home market for the fabrics
manufactured from the raw material. There
would be about as much wisdom in this mar.
row view ofthe subjec: as in some of the
fleecy tribe who thrust their heads under
root to escape the heat of the sun, while they
leave their bodies wholly unprotected from
It's scorching rays. Unless the domestic
manufacture can be sold in our market, how
utterly vain the attempt TO protect the raw
material. Protection is just as necessary
TO The wool converted into cloth in the hands
of the manufacturer, as in the hands of The
farmer. The manufacturer is only the con-
duct pipe through which the wool is purcha. |
sed and conveyed to The ultimate purchaser,
the consumer. Indeed, between the for
eign grower and the foreign manufacturer
of wool, the latter is vastly more to be drea-
ded than the former. When the wooden
fabric lies dead in the hands OF The home
manufacturer for want of a profitable mar
ket, the raw material must share tn, same
fate in the hands of the home grower. We
have stated these obvious truths for the pur.
pose Of silencing the mean, Pedagogical
cry of locofocoism against manufacturers, as
if all protection TO them was granting them
exclusive privileges, when, i'll fact, it is on.
ly carrying out protection TO the agricultu-
raj interests of the country. The one mil |
lion of our manufacturers are the mere
gents Of the sixteen millions of agricultur- |
lists, TO fit the raw material for lis Ultimate |
sale to the consumers. Hence, protection
10 the manufacturer is not merely inciden. |
tai, but direct protection to the great farm |
ing interest Of The country, and 10 withhold |
it would be just as injudicious in regard to |
the farmer, Us for a convoy TO loose sight of
its charge just before the feet comes il con.
tact with piratical coast. Well then, Mr..
Jewett, what protection is afforded 10 our
wool when manufactured into wpolen goods!
1t was the intention of the wing trainers of
the bill to make it correspond, in this re.
spect, with the protection on wool. II is a.
bout 40 per cent, for certain reasons no,
quite equal TO protection on the raw mate
rial. That this is not sufficient for the
manufactured article no one has ever com.
planned. Indeed it has been necessarily
denounced by locofocoism as too ample
They opposed it in Congress as loo much,
they voted against it as Too much, andas
party, they denounced it before the nation
as loo highly protective and on this ground
they have threatened IFS repeal. Even in e.,
our own Vermont, the loco papers at this
are as clustering as thunderstorm 4;
against high pressure tariff, exclusive prir- |