The North-Carolina standard., 1844-05-01
THE WAY gHE TARIFF WORKS.

| 1874, in which the Editors allude to and COM
ment upon the Message of Gov. Briggs, delivered
to the Legislature of Massachusetts, on the 10Th
of January, 1914. The Editors say:
The Governor dwes with just pride and satisfaction
upon the prosperity of the State the necessary and
tura result of wise legislation by her government and
fhe industry of her people her steady increase
aon, greater than that of the rest OF New England,
although many of her have emigrated from her
upon the of her manufactures with an invested
capital of $42 900. and annual product OF $780,
0oOOOO of her agriculture producing even on her re-
lucant soil annual value of SIS ,OOO her share
OF the fisheries twice great that OF all the other
States in the Union together which her citizens have
an investment of $l2 900 GOO and sixteen thousand
men engaged in it. To these and the other sources OF
wealth the Governor refers with becoming gratula-
tlon and speaking volumes in praise OF that system
which protects the labor of her citizens and pro-
notes home market for her productions by tree in
terchange of commodities between the States
A capital of fortytwo millions invested in
manufactures with an annual product of EIGHTY
MELL1oNsl What do you think of that farmers
of North Carolina Does a arm, which costs
| any one of you, say one thousand dollars, yield
an annual product of two thousand dcHars2 Does
it indeed, enable you 10 do any thing more than
pay your debts, educate your children, support
your family, and keep square with the worId2
And how often does it do that2 Poor North
| Carolina The first to declare independence, as
Mr. Clay said in his speech in this Cty-is she
to be the last to come in for share OF the bless
ings and benefits of common government :
Let her-says Mr.. Clay by his conduct-let her
live upon her honor; she was the FIST 10 declare
indep ependcnee-what more does she want to be-
come proud and wealthy State2 Aye, and we
can tell him-and we could talk to him more at
length upon this matter Of honor, did we think
proper to digress-we can tell him, and do tell
him, that old Mecklenburg, the altar-ground on
which the first fires of the Revolution gowed and
kinded, is still what she was in '75-0 dem0crG-
tic county; and that she will keep her high honor
and her pure faith, though she perish in the ef
fortl
But we have other facts in relation to the enor-
nous profits of the manufactures. The Boston
Post of recent date says: The Suffolk, Ire
mont, and Lawrence companies manufacturers
of cottons and woollensl have each made dvi-
dend of eight per cent for six months. More
over, the reserved profits of the last six months
were large in many of the cotton mills, and in
the Suffolk and fremont sufficient to build in
their vacant mill spaces In.the Lawrence Com
pany three hundred thousand dollars has just been
added to capital from this source"
Here is al annual dividend of sixteen per cent
with reserved profits to one company Of three
hundred thousand dollars; and yet, says Mr..
Clay, these manufacturers ~ must have reason
able protection--they must be still further fed by
the parental hand of government ~
In addition to this, and as one of the legitimate
results Of the operation Of the present tariff nearly
all the manufactured articles have greatly ad-
Vanced in price. Protection has turned out to be
prohibition; the articles made by foreigners, and
from whom we ought to be permitted to purchase,
are totally excluded, in many instances, by the
high duties, and we are left to the tender merces
of the domestic manufacturers We have before
as letter; written by commercial house in BaIt-
more to friend ia one of the Western States,
dated February 49, 1874, from which we make
the following extract: !
s'4-4 Brown Cotton now worth from to cents |
and inferior widths in the than fair proportion
Calicoes that sold from to cents last are
worth from to 10 1-2 cents, Checks have advanc-
ed from to 1-2 cents per yard Blue Drilings are
worth 12 cents by the such sold last
advanced from to cents per yard Bleached Cottons
from to cents and there is low priced Bleached
Goods at present tor sale IN first hands Nankeens
now 81 % to 40, according to qualify, and Tckings
have advanced from 3 to per yard Brown Linens and
low priced Satinets still higher in proportion.
You form idea Of the great change in prices
until you visit the market, and continual instructions
are coming to hand from Ne,o York and other East
ern markets to put the Goods, saying they are bring
ing better prices there, where all kinds of Domestic
Goods are in great demand and receive ready sales'
There are more than two hundred thousand
persons in North Carolina engaged in agricul-
ture And what protection do they receive
Literally none. And what protection does Mr.
Clay propose to extend to them2 None arAat.
aysthey need no protection; and when
be does not say this he is silent as to their claims
Sometimes, it is true he discoursesnpon the bene
fits of home-market that is, market in the
Northern States for the Southern; but how much
IAN such market benefit the plain hard-work-
ng farmers Of North Carolina What farmer
among US sends his wheat or his corn to Connec-
icut or Massachusetts What farmer in all
North Carolina goes 10 the doors of the Northern
and exchanges with them, face to
ace, and hand to hand, bis products for their
'roducts2 A few wealthy planters, it is true
n the proportion of one to ten thousand-send
heir corn TO the Northern markets but these
planters reside upon the coast, and possess advan
AHNrpnu all Ill IL r