Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1844-10-01

Creation II, ~ Il jaitiCulai eouio'hu''0
chanca! principles, we can make non ara ss"n'
pcr,orm the work of a thousand men, this ma
chine will chcapcn those commodities Niich
j. caD produce Bn, il mus; ne constructed anu
pn, into operation By an cnllay o! labor an" cap.
I tai; and must make Il lair profit on The amount
THIS expended. If constructed in different com
tries III the same time il will chealsh I7tduc-
ijnu in all: vet. the wrcr ofihis article can lnaho
reason 10 conclude that il vii! alter iEe ic!a''c
cost Of production in those different c"ai''li's.
Tosi.ail;.y dis matter, we will suppose TAIL Suc1
= machine Is has been .Gc'iomed = cons i"',,"
in Great Britain and Amelic; and that TIC Ia
/ lcr Of a thousand men is required for ih;l rur-
pose on ic,!. .Gcs q. the Atlantic. ]Eis i"nGf,
acco,d.Dn 10 The estimates referred IL above, "ohii
cost n Gf,,a, Britain OILY IRA dnEGyca e@a h"'9
GgLaf.; while in tire United States Il World c"st
s.r..- h3,4Gfrd 0i'd joriy d0l'Q,S. Then, l! inc
rs.c al profit, II Glcai Rr:,ai X three Per cc;','
and !, tx yer cent per &nnum here, lie hfi''>h
Manufacturer "o;ii; expect to 'a"tc, - d !iC'''
on Tie capital expended IL labor, oElf SIX !c'-
CANS a,:p NINETY ccSTs; Will" The American
,ous; make roR-Y-rovR DOLLARS AND fo:'fs
cgyrs-ple>eryn@ The pIororIon MAJ WON" ~
isl, If manual Labor, had !@2n USED
IF ,le ;i.yc remarks a!c nue. TIC American
manufacturer cannot supply oJ;r markets on ~
favorable terms, as the foreigner whoa iac' WIN
diminish the demand tol The raw material ana
il shou!a lie remembered, that The domestic sup,
rly c;nrot satisfy The demand Ter inaEiiac'Hto
articles and hat il il did, appropriations "oui"
cease The destruction al tic revenue wou'a TX
,hn consequence. and dircc! taxes ana cXcises
v-c;,!d bc The only mcaEs o dc!;&yiE% Inc cSpeh-
ses II Inc Governments Even in 1872, ioi@'Sn
rrs!nciS. (o,hcr than free articles were imported,
on which duty of more than eighteen nl'iioNs
of dollars was paid. Il is unnecessary 10 90 .nlo
an argument. 10 prcse ,iai this amount OF Gniy
was paid By the consumcrs. content lnvsci! WAR
referring IL Mr. Gays speech III iS''-, Y o!" !.
- and 10 his declaration III lc;:i 'haI customs
md m excise a.rcc in The essential particulars
,;,;, paru .Rr TAXES On CONSTIPATION, ana both
are yoluniav'-<l Vol, =. 30 Then, me ma
ru..iclErcd articles. imported Erocr orr lafIN
,ai,s sell III Tie i1arnct Tor SnA equal 10 me
amount; iEcy would comma:.4, were there no GU
ties added 10 the al suuc amount o., ;lic DUTY PAID
- saw nothing oi the profits the importing nief-
c,.ans realize on ;hc money advaheed ~ lie pay
mcil of those Gu;c> and iAcI" + no ic2S9i -
trievr. that ,ac:cmc>lc manu!ac:nrer cannot 90
tain :ic same increased price iJl Ills goods, Wales
an! rt"rclaHG -.
Tsl.s., ,hcrc !c soH!e error ii The foregoing OBJ
ser.ci;ors. Il * iuc'iahc.a: cn i''. adv"e2jrs Ct
tic to..e malEci 70 show lha lie domestic iaa-
nu.Gc.urcr can supply Tie whole market on Is
ttyorall. terms - tie manufacturers OF Europe
cai-a proposition, | believe, which TO one has
scriog.l; attempted 10 demonstrate.
Eat This is not all. Most Of he trade between
nation and nation is system Of barter he
money in Tie world is bat as Il grain al sand Oh
the sea shore, when compared with line al'rcrcc
ii tho world The means u purchasing. IN a 10
reign nation is furnished by nations c. '"r's-
the imports ale the return Tor those means Ia
Ike language Of Sir. Cay, The measure Of ctr
imporralioil> is ihai OF ear expectations, Il vol.
y. 2ii)-"Thc amount OF oar expectations VIII
term the measure o! onr impot:ai!oaS,' q Vol. p
251)--"in the lcnc run. the measure O.: these cy-
changes: tha, is the totally in value 81 what IS
a;yen and what is received, mast he cq'lal 10 each
other" q vol. p. 2l1) II this he truc-;no COM
mon sense sanctions i: he c%poriSo '.tiioc n';s'
be the means with which Europe has 20 purchase
orr agricultural products; anil she can exchange
her manufactures for an amount whic: sLe cond
NOT purchase. il Snccc was demanded. By Ill
m.aishir, oar i'm ports. ii. the mere purpose OF
clea;ir. home SUPPLY. w ;:e>lroE ~ . nte
the foreign market !or the raw material: "i'!ie ne
increase in he price o.! manufactured a!t.ces
caused hv duties cs>c's the number oi these ~
our oWn country who can &'ioid 10 coE>Gmc
Them: and. of course, G;;ai:i>hes the GU3n';i: %!
the raw material necessary 10 supply Ia" Get'an
Tia. the Tariff po!icy. a4or.cd b. the United
States .,ocs lessen he a.irul foreign nations to
purchase Our agricultural productions, i Eo; only
LctllHtihn 1l lcS'll. Ifbt'i a. Ht't
commercial principles: tu!. if ! mistake not, -
FACT folly apparent from our commercial stalls
ties 10 satisfy the public that hi, j, true. beg
,cave Ia present q statement OF the exports oi To-
hacco from the United States Guriag the several
Tariffs. from 1921 10 1871, inclusive with the
aycr2sc price daring each period o! protection
state Tie facts relative 10 tobacco because il is
the only agricultural production, concerning
which have hy nc sach extensive and au,hcn-
tic statistics and because the influence olihe Ia
rn' on il nice seems 10 be an interesting subject
of investigation 4; the present time
For fact, relative - this matter, rely IN "a
Sta,clncr., oi the ouanlily I'll rolfccn exported
from the United States in eaca year from l,ai
:, ISL. and OF the value of the >ansc from 1852
10 1911 inclusive. compiled iror, oicial docu-
;le;'>;' and !orihc quantity exported in lie years
1872 and isl%% rely or 4 statement prepared Tor
the Richmond Wing, ~ two well informed met
chants al the highest responsibility. These gen
l!cncn estimate The cy;oits u: tobacco ifo'n l-:o
10 Isl! inclusive, 1t ;.n average Of l2oGGo hhdS.
per annu... otae irad. i3ul. '';o make assurance
douhy sure" and to give the Wing statistics -
1auc, !ptrr rs possible We will adni; ;ac aver3@c
T. ic l21olo hhi~. 4 year. from 1919 10 ISL in
elusive The additional 561D the Wig Party
canno: o eci TO- since il j. cntc&Tu!irg 10 snow
tha; Ige>cn, low iiicc OF tobacco : produced
~ an over supply: j nrhod ci argument. ~
the-iv. winch was "aCcirG al Is an t3A1".t"'''
when III" Democratic party concEded that lie
lov. prices. mentioned some months since ty The
dealers in hardware &c. were occasi0ncl L. The
over supply, Introduced ~ anticipation 81 tFc Pcs
sure 81 tic 1no:f ri ls;2. FiXn. i25,o9o hhds.
as ;hcaycragc export from 1910 10 lsi inclusive;
and seeing from official documents thai, in lola
and 1911, The expert amounted 70 oGs9l2 hhis,.
we have the average o: the last three years of
this pcrioi 3G2 hhds. The las; annual state
meni Of Tie Secretary oil the Treasury estimates
the value Of he export of tobacco, during lie year
l3i2, ., $3.50, 755, and during the first three
quarters Of 1919 ut ;sl,G50979. Supplying the
| value for the last quarter at The same rate, and
the total value Of The tobacco exported dnrin" HE
year 1913, if my calculation is correct, was So
! S.3.7a3. We have then. Inc amount Of tobacco
exported each year, from 1921 10 1913 inclusive.
with It's value and the average price per bid.
during each Tariff, is follows:
! Year. No. OF iIhLs. Value rer HID.