Richmond palladium. [volume] (Richmond, IA [i.e. Ind.]) 1839-1854, 1844-06-07
INu Err -.

| imposed duties upon tho importation of foreipn
goods, for the purpose of protecting their own do
nestle industry; in other words. they adopted
protective tariff. The effects of that tariff may
b seem from the following extracts from tho
:. Augsburg G0zette,' tho leading Journal of
Germany
What srea, nation, PRESENT age withou, an
efeiens system Ct commercial policy, aud VIVA, may
hecos oy sich SYSTEM Germany has learned by self
experience whin these twen,y wears This country
ha long been what DR. Franklin described New Jer-
sey to be, un tapped ana by its nechhors on
every siae Englan i not content with having ruined tho
greater part of the German manufactures with having
overwhelmed us with immense quantities woollen aud
cotton GOODS AM colonial produce, repealed from
our corn aud timber, aud occasionally sour wool
There was period when the consumption English man
utactuFes was in Germany fonr times greater
much boosted Indian empire, and n,onopolx ing
ISLANDERS would not a" ns poor Germans the advantages
'y co"eede To sheir SUBJECT Htudoos, paying
manufactures need IN produce In ain did
the Germans debase themselves. until they
OF wood and drawers Of water for The proud Britan Ma
ons, like individuals, if they allow themselves
will soon be des?ise1 ~ body aud become
the sport even OF children laace not conten, with lay
ing Germany under contribution quantities
vine, oil, silk aud fashionable tinke also
disposal of our cattle, corn. and linen"
10 crown the mockery. it at the time
stan'y ncuca,ed from the chairs Of hundred professors
that nations could only be made rich and powerful
versai commercial freedom Thus it then with US;
how il it nowl
"Within these ten years Germany has made tho ,d-
vance OF century in welfare and industry the feeling
of selfindependence and in national energy. And why
Thar revenue barcades which separated Germans
from Germans should DO levellei good; but
poor would have been tho consolation afforded tho
tion her industry still been left exposed 70
utIoh IL mainly the protection which OF
Zoll Sefein articles of
general consumption tha, worked the wonder.
In respect articles of general the Zoll
Nerein secures protecting duties 30 per cent
Bot how have these duties opera,ed Do tho consumers
from % to 60 per for Germah
than they formerly did for foreign, tho theo
~ they should! Or are the German good, worse ,h. ia
foreign! BY no means Dr. Bowling hmself bears tes,-
mony the fact, that the German ma which
projected by the high tariff duty BETTER and sold
iDnrn ,la
The internal competition. with security gains,
ing effects Of foreign competitions has worked this miracle,
of which The economical rss trade) school
aud nothing wills know. The proposition which that
school maintains is. therefore, namely pro-
tectng duty enhances to the amount Of such Duty
price Of the home manufacture thereby protected"
Wei then, has our agriculture suffered any detrimen.
from the high tariff Quite tho contrary. 1t has gained
ten fold gan-dIrng the last years. The demand
for agricultural produce has increased aud the prices
every where risen Ii is notorious. too, that in
qushre OF the prosperity OF orr homo manufacture tho val
ne OF landed property has every where experienced
of nm - 100 cent: daily labor is every
where better paid and all rs Of con-
veyance are IN progress to completion pfojec,ed.'
where it has been folly tested release from serviie
dependence upon foreign supplies of articles and
necessary conumption improvement. in quality of
those cheapening of the price
the value propcrty a more active
demand and enhanced prices species
tual producer an increase Of the ,yapes of RI.
er and the mechanic; and general diffusion enterprise
aud prosperity throughout the land. What could DO
asked for What national measure could be adopted.
act could any Government perform. would dispense
so large an amount OF benefit upon every cass of c.
zens!
What protective tariff has done Germany, i, has
done for the United States il ha. been tried and
if the act of 1912 be suffered remain undis,ubed
its rich fru will ba fell and apprecia in the uniy ersai
prosperity of the country.
There another consideration in favor of protective
wh nae e end moro its character than my
ing ourselves Independent. of all foreign tim. Of
During the revolutionary struggle our ia ther one
Of the greatest difficulties they had contend with wo.
tho extreme scarcity of such manufactured goods
for the tho army. same difficulty
vas experienced, although q limited extent, during
the ate with Grea, Britain Our supplies from Eng
land were stopped-we had the
selves, and articles of the necessity rose 70 exorb
tan' prices We cannot haer ourselves that haIcyon
days Of peace will forever continue. Tho blasts of
wa may ere long safile from Of
Tiy and compel buckle fight for oa,
homes and our fTesides- Ought not, view Of tho
possibility Of such Contingency, pursue policy
as viii render entirely independent of every foreign
lion for all the lfe Surely wisdom would
dictate this course.
glance the commercial history Of this country viii,
DC uaien' 10 convince every man that have erred,
Every principle of sound requires that ton
should buy of foregn products can soil of
disastrous results. continued balance trade, every
accommodating agains, nation, drain
ces ana ,nvove II IN debt During period of nine years.
from 1881 to $780, imports foreign goods exceeded
exports to the o. three and
shiry-vs millions ofdoars. To this be a..rib-
uisd much Of the commercial disaster aud
bankruptcy with which the country has been
We its fruits in the hundred State debs
IN which we involved besides the numerous debts
Of corporations and individuals The country 10 but
y recovered from the parayzng effects of this
siais Of Our foreign The government Grea,
Brtaia acts upon wiser principle political economy,
and although have desire follow example gene
rally, yet in this particular i, is we'll worthy Of
Ihs imports of that country rarely exceed onehan
amount Of her exports They always careful buy
lees SELL The balance Of their trade 10
stantly in their favor.
If we buy sell. the balance Of exports
will be paid specie. which will prevent the extreme
scarcity circulating medium, from which have here
ofore greatly suffered One important object of pro-
,sc,ive tariff, prod desirable results, In nro.
the domestic of articles neees
for our consumption Increases will impoa
the articles diminish
The tariff Of ls42 mas been operation little
eshtsen months. ssicens not yet psed
souiy the effects Of all its PROVISIONS Time may de-
vslope necessity for alteration of details.