The daily union. [volume] (Washington [D.C.]) 1845-1857, 1845-10-29

$l3,S90,06 $55,2e7,29i S69,l77, 1871
Thus il will be seen, from the recapitulation above,
that on the six articles above named in order to get
$l3 0s7 into the treasury in the shape Of revenue,
the people of this country are, by the operation of
the present tariff law, compelled pay $69, III, 36l
more than FIFTY-FIVE MILLIONS Of which
go, mainly in the form Of BOUNTY, into the pock-
cts Of the manufacturers, ronasters, sugarpanters,
and salt-makers.
The whole amount Of revenue raised in 1874,
by duties on foreign imports, was $780, $50. In
order to raise this sum for the benefit of the govern
ment, the consumers are taxed, in the whole, to the
enormous amount Of ONE HUNDRED AND
TWENTY-FIVE MILLIONS OF DOLLARS,
at leastwhich goes, in part for profits to the import
ers and retailers, but mainly in the form of
BOUNTY to the manufacturers.
Is it to be wondered at, that, under such an OPP
pressive system, the business of the agricuturist
and the unprotected mechanic languishes, and
those mertorous classes Of our citizens find them
selves yearly more and more impoverished, while
a few manufacturers are dividing 80 per cent. on
their capital, and adding hundreds of thousands
each year to their already princely fortunes'
1t is in this method, by means of protective
tariff, tha: the usaith and substance Of the
tranysrred to the pockets Of the Js,o What will be
the end of such system, but to establish an aris-
leges, which will in time become an aristocracy Of
titles, orders of nobility, headed by the trap
pings and the substance Of monarchy But | have
not time nor room in this article to pursue these
reflections. They will be reserved for another oc-
casion.
In conclusion, will remark, that the course Of
reasoning which have pursued will apply only to
articles coming in competition with the domestic
article and entering into the general consumption Of the
country. Duties upon articles Of which we raise a
large surplus for expectation to other countries
would have effect to enhance their prices. They
are, as have before shown, mere hun,b,. Duties
introduced into the present tariff for the purpose of
hoodwinking the farmers and planters, and recon-
CLING them to the enormous and rapacious exac-
tons, Of which they are the victims.
BUNDELCUND
P. ST. observe in late National Intelligencer,
a communication signed "a Southerner, but no alb
stractionst, which the writer, with quite an air
Of triumph, asks me to explain how it is, that,
under the present tariff, prices are lower than they
were many years agoi The simplicity of the ques-
ton will induce me to give the writer kind reply
A child knows that stone will fall to the ground;
but he cannot explain the philosophy Of the phe-
nomenon Children of larger growth may know
that pricesare lower now, in spite ofa high pro-
tectve tariff, than they have been at former periods;
but being ignorant Of the true causes which have
produced the result, they will in their blindness, fall
upon the very first thing which chances to come
in their way, in order to account for il. In doing
this they expose etherthe weakness of their intellect
or their want of knowledge. Now, fthe enlightened
"Southerner," who has volunteered in defence of
the tariff had thought of the fact, that within forty
years great reduction had taken place in the
price of the raw material--that great improvements
in machinery had been made--that the state of the
currency in this country and England had ap-
preached nearer than ever to the specie standard,
he would not have been obliged to resort to the
tariff for solution Of the phenomenon of fall
of prices. In due time, l will take it upon me to
enlghen him on this subject.
BUNDELCUND