The daily Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1841-1845, 1844-02-10

u
Annual average of imports free in that
period Us 7iOlL73!
Difference OF the appusi sve,sge of ihe
Imports free Of duty bc,ween tbe two
periods, 5I,s2i 81,
The average per cent Of revenue upon
the total amount Of imports during
the thirteen years from 1920 TO 1884,
was "a silOsP.e
The average pss cent. Al the -.
eight years FROM 1884 10 1912 was IL 3o-loo 90
Difference In The per cent 81 revenue
upon the total amount Of imports be-
tween the two periods IL 20 ioo 40
Such are The striking results which the table exhi-
bits. What Is the application OF themF Inc dedue-
ton from them IS; ~ tra
lst That the total imports Of the country, taxed
for thirteen years % per cent, stopped short oil an
anHual average of 81 millions in amount; whereas
the same trade taxed for the next eight years only
70. per cent expanded Its fight to annual average
Of 1893 1885 1888 ia amount The per cent. Of The tax
upon commerce lowered one half, the import trade
nearly doubled IN amount.
I'd That " hereas, when the total amount OF i'm
ports was taxed annually average OF 25 per cent
for thirteen years, the value Of free imports was only
average Of ID millions year, and when the same
amount OF imports was taxed annually an average OF
l2 per cent only for the next eight years. the value
OF free imports rose to the average amount OF IL
millions year. That, whilst the value Of imports
twenty years at nearly the same average amount
and varied as between any two years only from So
millions 10 81 millions, the value Of imports free #
duty rapidly rose, under tax diminished one half
the entire imports, from average OF Is to an ave-
rage of II millions, ana varied between the year
1922 of the first period Of 10 years, and The year
1885, Of the last period Of eight years, from 10 %
millions, There dull uniformity in the amount
Of the trade taxed throughout the whole time OF both
periods, There was rapid and regular sxpaion in
the amount Of trade free Of duty.
I'D. There was a much broader margin of free
articles under the act Of 1883 than there before
that act which to lay the duties for future revenue
The value of the free articles before averaged
ly Is millions, whilst ii has averaged since II mil
lions.
These important facts in favor Of free Trade, a
advocate il and they mUre important st as e.
emen to be considered in laying additional duties 10
supply the present md future wants of the Govern
ment. And, with these certain data before US, l
clearly illustrate to you The principles upon which
would have laid such additional duties kemember
that 10 what follows merely illustrating praei
pies, and do not pretend to give accurate details.
rhali in part assumed facts, merely TO give
ample OF the application of the principle. In o,her
words shall take the facts known by foregoing IT,
bes and comparisons of the past and use them to de-
the rationale OF settlement Of the tariff
question upon any given state OF facts which may
arise in the future. Thus, will begin by assuming
The amount Of imports free of duty the of i'm
ports paying duty the to al amount Of imports, and
the value Of imports consumed for the year ls4l, as
The data ty which to illustrate merely the principles
IN which think the tariff controversy should have
been adjusted, without at all meaning to be under
stood saying or intmating that the value Of i'm
ports for thai year will have been the same for this
year or any year hereafter.
In lS4l the value If imports paying
duty was SCI ,925 157
Free of duty G6.0I9, 73l