The daily Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1841-1845, 1844-09-09

governed tho price there's. vol the ds9snd TOT sA'
portation a. for consumption, What good shsn
did our duty on foreign flour and wheat de- "heH
foreign hour and wheat did not come there p
None whatever. The duty neither brought mo-
nry into the treasury, nor he pockets OF the lar,
Iner. This was fault Of the law, but resulted
from the impossibty Of protecting article so as
TO raise the price, while we regularly exported H.
SO with beel. We did not import beef Tor con
sumption. We raised more than our own people
would buy, and we looked TO other countries for
market for our surplus. Then duty under the
percent tariff 100 per cent on the present prce OF
beef did our farmers no good. 1t could not. Fol
low ON with your cheese. The present tariff impos-
ed duty OF nine cents pound on cheese. Where
was the farmer OF this or any other county oil ths
State, who could say that this had little effect
on his cheese this year, Laughter Ay, said
Mr.. W., fear II will prove TO be true that the farm
er will be glad 10 get even half the duty Tor the
whole price of his cheese So the duty these art-
Giles Of no pract cable utility-not because the
fault was in Congress the law, but because we
exported these arices and they therefore could not
be projected IT, then, these articles out OF the
reach of protection far the agricultural interest
was beyond the reach OF protection. Where did
the farmer come within il? On his wool We
never exported wool We did not now. We did
not grow much consumed. Every year
imported foreign wool. Was il not easy
10 how our duty protected our farmers. For
when The Spaniard or the Belgian brought his wool
mere, ne INST pay our uuty, meet our
equal terms The duty then was protec
ton, and the article subject to protection 1t
would be reached by Congress in regulating this
tariff law. He would then raise the duty high on
wool in proportion TO artic es that required no pro-
lection lie would do this for the protection Of one
great interest But would he go so high that wool
could not be imported' Prohibit importation,
and thus defeat any revenue from wool -
If he did, what would be the consequence J
1t would give to the farmers who raised
wool, perfect monopoly Of the market. They could
command their own price, according to the demand
for wool, the foreign article being excluded and
every citizen who did not raise wool and must wear
wooien CLOTH must pay more And where was his
remuneration II he paid revenue duty, his remu
neration would be and relief from taxation
But # foreign wool was prohibited, it pad nothing
INTO the Treasury, and In addition TO the price OF WOOL
len cloth, something else must be taxed This would
be clearly not protection, but prohibition And here
was the difference between US and our respected
opponents. They went for all the duty they could
gel-all you could impose-tor prohbtory, instead
of protective duties. This Mr.. w. against He
would not raise up monopoly among our farmers,
any sooner than among manufacturers than Others
lie believed IN fair heathu competition, in every trade
and every thing. But he would protect The farmer
where he could.
See the inequality Continued MIR. w y of this pro
hibiiory policy. Ia reference to wool you benefit
the farmer and give him monopoly. You get no
revenue. HIS neghbor raises grain, another beef,
another butter aud cheese and pork You cannot
protect them; and yet you must tax hem some
other article Of consumption TO supply the Treasu
ry the revenue of which it is deprived by your prohi-
bitlon OF wool Is this fair, useful, equal, justi To
my mind, II is not either. So long you derive the
revenue, and your duty is duty, with pro-
lection incident, all other interests derive an equva-
lent, because you get revenue But prohibition sinks
revenue, and raises the price. In other words you
establish legal monopoly.
Garry this along to the manufactured article
Wool is the essential article of northern agriculture
which can be protected Hemp in the southwest
and west can also be protected, though think the
time is closely by when that will cease-for already
several cargoes of American hemp have gone to Eu-
rope and the experiment has proved very fortunate
AS the new States continue to open, il will come to
be an article OF expectation. Now it is prot cted,
The sugar OF the south Is protected article Ii is
highly protected. But protection there Ids reve-
nue. 1t soundly taxes us, as every body testify
We don't mplaln. Let it go reasonably there.
But suppose you carry the duty to prohibition and to
protect the sugar growers of louisiana entirely ex
clude the foreign article What would we pay for
sugar. and what our remuneration for the three mil
lions Of revenue from sugar. We should be taxed
on some other necessary article, to supply the def
cheney in the treasury This is an illustration of the
prohbitory system, and if il just and polite in one
instance, one interest will demand 1t as strongly as
another.
To be continued