The Charlotte journal. [volume] (Charlotte, N.C.) 1835-1851, 1844-04-12


burden, require Il at loKer rate of duty
should be imposed upoo imported commo
dlties which come in competition with do
5 nestle manufactures, than upon articles the
, like OF which are not produced in the Uni
I ted States. Fine silks, fine muslins, lea
aud coffee, are commodities not produced il
The United States. Ii you impose a duty
, OF 20 pr. CT on twenty millions Of these i'm
ports, il will yield revenue Of 81 000, 600
and impose just that burden, aud no more,
upon the people. But if you impose duty
oil ~ per cent on twenty millions OF cotton
manufactures, you raise the same Amount
CS4 600 OO0) Of revenue, aud impose a bur.
den OF $4,000 600 on the people. This
results from the fact that for every dollar 5
worth OF manufactures you import, there
are two dollars worth Of domestic manulac
lures of which the price is enhanced 30
per cent. ty the duty imposed upon the for.
elgn. All this would occur under a mere
revenue system Of duties. II will be per.
ceised, then, that revenue Of 81 ,000, 900
raised by duties on fine silks, musllns, tea
and coffee, would produce only one lhlrd OF
same amount Of revenue raised by duties OF
cotton manufactures.
There is another reason for this dscrm
ination on revenue principles. A lower
rate Of duly will exclude imports of cotton
manufactures, for which we have domestic
substitutes, than will be required 10 exclude
imports for which We have no substitutes.
A duty Of 40 per cent. would produce more
revenue than 20, on fine silks, musins, tea
and coffee bu, not one half 50 much on the
coarscr cotton manufactures. So much for
q wise discrimination"
| now beg leave 10 present 40 estimate
which | have made, from most careful
examination Of statistical returns, furnished
by the manui icturers themselves to the Of
ficers who took the census OF 1870, showing
tho aggregate burden imposed upon the
people of the United States By the protec-
tive system. as 1t is embodied in The ect Of
1912. 1t isnow sscenained at the treasu.
~ thoi the duty paying imports under that
act, the FRS, year after us passage, amour.
ted to only SAC, 900 900.
There are annually made 10 the United
States protected manufactures to the
amount of about Sl60, 600 600. OF these,
! estimate that about $50 900 900 are now,
aud long have been, totally prohibited by
high protective duties; aud there is no
standard for estimating the burden imposed
upou the people Of the United States bv the
duties WHICH have excluded them. as.
sumo, however, that $50 100000 Of these
manufactures come 10 competition with for.
eign imports.
The forty millions Of imports assuming
the duties TO average 40 per cent, will
yield a revenue or $4,000, 600; while
eighty millions Of domestic manufactures.
with which the foreign come in competition,
arc Of course enhanced IN price 40 per
cent. by the import duties. What, then.
is the burden imposed upon the country in
the shape of boun,ies to home manuac.
lures do not say 40 per cent, because
20 per cent on the import is an imposition
Of duty for revenue bu, all beyond that is
for protection, and extends 10 al least eich.
" millions Of domestic manufactures, on
which the protective duty is thirty two mil.
lions. 10 addition TO eteh, millions en- the
imports making in the whole forty mil
lions while think II reasonable 10 luier
that the other eighty millions Of articles to.
tally prohibited nre enhanced IN price at
least o per cent; tina, is, By reduced du
ties, they would be reduced in price n
least 10 per cent, amounting 10 an annual
burden OF $50, 900 000. Thua, in addition
10 the burden you impose 10 furnish revenue
for the government; YOU impose burden
Of Sis 600 900 annually for the exclusive
benefit of the manufacturers,
Now, sir, these are what consider plain,
practical deductions from authentic docu
monts and elementary principles too clear
4 to be coauoyerted; aud feel assured that
the burdens Of the protective sy stem are
not over estimated.
/ shall now proceed TO show what are
the necessities of the manufacturers, for the
enormous amount Of bounties annually ex
torted from the mass of The people, by the
tariff Of lsi2. have made careful cal
culation, showing the annual dividends re.
coved by the various descriptions of man
ulactureTs, upon tho capital invested, and
YOU will be utterly nstouished when state
the result. And ask YOU attention while
| show you The deporabIe, distressed, and
impoverished, condition of these mauulac,
turors, who came here in 1872, begging
for moro bounties. And think shall be
able to show that enc half Of the 10 per
cent. upon tho whole amount Of their pro
ductions, which the people Of the United
States annually contribute, is about the
clear profit they pa, in their pockets, ]
will state the facts AMI principles of my
calculation in order that, il have made
any mistake, or left oui any element in es
timatiug the cost OF production, their
friends and representatives here may put
me right.
The returns of the manufacturers, con.
tanned in the census Of lSi0, give tho an.
nual amount of their productions, the nun
Der of persons employed, and the amount of
+ capital invested | viii state my mode OF