Wheeling times and advertiser. [volume] (Wheeling, Va. [W. Va.]) 1839-1849, 1845-10-08


crs have generally learned By their own expe.
Renee of the bens;i,sof home market to
disregard the Loco loco follacy that hiah
Tariff nece ssarily dcpresscs the prices of the
farmers products. But in some parts of Viz
gina the question is thought still debateablc
The Hon. +. w. Hubbard of the Lynchbwgh
District, last spring published a pamphlet
with an ambitious array of figures on the 10
co side OF the question, and the Lynchburgh
Nirs'n'an thus turns the figures upon him:
We shall content ourselves with few facts
al OF uhich rc obtain from The ueY'u highest
Loco Joco duihoriiy-using the very weapons
with which they have furnished us to crack
their own sconCes.A
lew days ago we referred To the prices
ot Hour at several different pcriofs: and we
should not again do 80 now but thai we wish
Ia u.s. them IN connection with the prices ol
Tobacco and Cotton. We hope. thcr, fore
to he excused for the repetition.
In 1871, when the duties were low. the
price OF flour was 81 ~
In ISL. when they were high, the
price was J61
In 1929, when the duties were al their
| highest notch. il was 6.gl
! In ISL. when they were at the lowest
il was $40
la 1887, whom they were higher than
ISL $50
So much for Flour. Now let MS look at
The prices OF the great staple of Nirgimia-'ro-
! bac,o,
In 1871 low duties, the average price
per hid was SSi
In 1923, without amy change in duties
ii was 80
Why this sudden fall while the du-
Ties remained the same If tn, tariff
controls the valued But that il does
not do 81 Is still more conClusively
| shown by the fact. that in 1926, al
ter the duties had been considerably
raised by til, tariilof 1924. which is
sad by some 10 have been the first
protective tariff tobacco rose. in de-
spite oi that increase OF duties To sc
Asain-in ISIS, before the celebrated
tarIli OF that year passed and the du-
Ties therefore remained as ,hey were
| IN 1876, tobacco fell tn 81
Is not this satisfactory? lfnot. let us com,
down to a later period.
In 1889 tobacco went up to the high
! price per hid. of ll2
But III 1910, when the duties were
still lower, il fell 10 So
And i'll 1872, when they were at their
lowest point, it fell still further To 81
How happens it. if prices are high as duties
are low, that we thus see rrices aud duties
coming down together! Ii low duties bege
high prices Tor our produce. the effect wouiC
have been AN increase in the price of tobacco
IN 1910 AMI 1912: but instead of that we
behold dininution in value. amounting il
! 1910 To SO, and in 1872 To SOL per hid or
in the latter year. nearly one hundred per cen
! There must b. some cause for this fiuctuatiul
however. and we think il is very apparent on
| the surface what that cause X. The value oi
! tobacco al 1881, when il rose TO the eXtraor.
dlnary rrlCe OF SIP per hid was produced
! BY the short crop Ui 1888, the export of tina,
article falling from an average of 100, 900 hhds
the three preceding years la only 10 900 cX-
hlblung deficiency of II 900 hhds in the u
sual supply Tor foreign consumption; but. in
/ 1910, the amount exported ran up TO 49, ISL
hhds. and IN lSil, To- the enorlmousguantity
OF oS,1l0 hhds. cutting the European mar
kets and causing II rapid decline, as ncccssa-
ry consequence, in those years aud afterwards
Another cause, which has contributed mate
rally to the decline in the value of IL tobac-
co exported, ought not To b. lost sight Of
We refer Ia the well known fact that for a
lew years past. the home manufacture of this
article has greatly. increased, and that the high
est priced tObacCOs. instead of, az iortuerlv be-
ing bought up for foreign supply, are now
worked up in our own factories. furnishing n
home market vast deal more beneficial To the
planter than any that he has ever found a.
broad.
Let us now glance at the prices. at several
periods, of the great Southern staple. cotton
the culuvators of which are naturally more
opposed to the tariff than the producers of to-
bacco and wheat, since they can always find
I ready access To foreign markets, when bread.
sluIis are altogether excluded, aud when to
bdcco finds itself bnrhcned with the most cx.
horbltant duty ever imposed by one nation on
| the products of another.
! In 1921 when the duties were low UNI
der what is said by the anti-larifIices
To have been revenue tariff, the
price of cotton per lib. was lG cts
In 1879, on the other hand. the wear
alter the first protective tariff, accOr-
dung To the same authority, was inn
posc.l, it rose, as il in defiance of this
wonderful theory. To 20 cts
/ In 1927 the duii4s remaining unchan-
sed, il most strangely fell oonly 10 cts
But If these freaks be remarkable, still
/ more To b. wondered at is it. that
whereas, in 1886, the price of cot
ION was l6 cts
itieIl again in 1910 when the duties
were much lower, one hundred per
cent. or to 6 cts
We appeal to tle judgement Of the contr,
to sly II this Dew tangled theory IS not thus
cut MP root and branch2 VINO. after this OK
hibition OF facts. which. as we have before IL.
marked we have Culcd from document. that
strange To say; was intended to establish il
yonl all Controvcrsy-who, we saw, will
bring lis own sanity into question. by insist
ny on dogma 80 ubsurr aud prtpostcrous-a
/ dogma thus cOntradictsd by numerous and in
controvcriiblc facts In natural philosophy
we are sure, be woHld b. deemed midinar
/ who would rely upon any thing as a cause
\ The ELECTS OF which were 30 variable and con
ficiihg. Why we should look for lcss Ger
tainty in political philosophy We have yet {,
\ learn.
rS"e pamphlet published last spring b,
I Col. T., w III rbbarl, the representative IN
Cmgr'ss from ibis District. aud hiahly com
I PimrHfcd b. thc Richmond EnIuigcr aud III,
. I.t.f, D. p.