The Kalida venture. [volume] (Kalida, Ohio) 1841-1865, 1845-12-02

lty OF Natlonal Bank until II almost became
the government--but the discussion once
begun, promises TO result in dispelling the
entire deluson Of banking. So let us hope
that the. Tariff of 1912, the overdone expl oit
of monopoly, will accelerate the extinction
of all privilege in the, fiscal action of our GO
vernment.
We have now TO explain the operation of
the existing Tariff on the Western Country
--disclosing a peryersiiy--a depravity Of po-
liteal action, demonstrating but too we'll the
futility of free government like ours with
out the spirit for administering IL. We have
seen that the West has common interest
with the other sections Of the Union, but a
deeper one in the welfare respectively OF
Agriculture and Of labor,-ard consequently
suffers with peculiar severity from tariff taxa
lion. Ia addition to this the West has an
interest more exclusively her own in our
foreign commerce, and this interest is the
greatest sufferer, and is in the greatest danger
from the action of the present Tariff.
The West, including the States of Ken
lucky, Ohio, Indiana, Illinois, Missouri and
Michigan, and the Territories of Wisconsin
and Iowa, had population in 1910, accord
ing to The Census, Of 4, ,l3l $40 persons, not
quite one fourth in number of the Union.
In that year the exports TO foreign countries
OF products ofthe forest was $5,923,0s5; Of
farming $lS,771 ,075; both amounting 10
1924, ,004, 100. These we assume went from
the West, because they can be delivered in
Canada, the West Indies and England, 10
which they are chiefly shipped via the Lakes
and the Mississippi, cheaper than from any
other part Of the Union, In the same year
the export of Tobacco was S9,SS3,957, of
which one third was Western product. If 10
these we add the Bale Rope and Begging
which enveloped the Cotton export of that
year, and which was supplied principally by
Kentucky, we shall have an aggregate of
moro than thirty millions of western produce
out of the total domestic exports which
amounted to $ll3,S95,634. So that the
West with much less than one fourth Of the
population supplied more than one fourth OF
the exports 10 foreign countries direct-be-
sides the enormous quantity of her provisions
consumed in the South which entered into
the production of Cotton and found their
way in that shape to foreign ports--=probably
not less than ten millions more. Now as
the other section of the Union possess much
more capital than the West, they must with
the same population produce more in value,
and since their contribution 10 foreign COM
merce is less than ours, 1t is obvious that the
proportion of our products dependent on
foreign commerce is much the greatest
Agricultural produce is the natural want of
a dense commercial and manufacturing po-
pulation like that Of Europe and the natural
product Of such soil and people as the
Western. If this trade is maintained the
West ,oiU supply other sections Of the Union
,oit1 many manufactured fabrics, the pro-
ceeds of agricultural products, for by this
process cloth is obtained by the Plough
cheaper than by the Loom. 1t is apparent
from the magnitude of Western exports in
1910 that this operation was actually going
on. The West receiving in exchange for its
produce aud manufactured goods more than
it wanted, exchanged them with New Eng
land and the Middle States for fish and such
other manufactures as could not be proftably
imported from abroad. The old States of
the Union having assimilated to the condi-
lion of foreign industry, and being under
sold in foreign markets by the West, no
onger possessed deep interest in foreign
commerce, and therefore undertook TO mon
,polize, by law, the rich fruits of Western in
lustry and soil. The Tariff Of lS42 was
devised and adopted-and the East became
he vender of manufactured goods to the
West, instead of the purchaser. The change
has acted with three-fold severity OH the
West The freight Of agricultural, produce
is, from the weight and bulk Of such articles,
m important element of their price in foreign |
markets. When cargo Of foreign merch-
andize, such as Iron Sugar, Salt, Woolen, or
Cottons, could be obtained by the vessel that
look out the export, the return freight would
be SO important an element of the voyage,
IS to diminish materially the cost Of freight
on the outward cargo. Now the freight on
l shipment of produce, amounts to from ten
10 fifty per cent of lis value at the place of
export. A return cargo would diminish it
,nc third. Hence a policy like the Tariff,
estricting the importation of foreign goods,
enhances the cost Of our produce in foreign
markets and diminshes its value at home,
hus acting with two-fold power against us,
diminishing consumption abroad, and dis
production at home. The South
in the same manner to pay an in
creased price for the freight Of its staple,
Cotton,-to submit 10 diminished consump-
ion of it, to relinquish the profits of the
return trade, is compelled TO economise--or
.ather is reduced on that article to a rate of
profit so low as 10 find it equally profitable or
more so TO cultivate her own supplies of pro-
,isions, and thus perishes the annual demand
or ten millions of Western provisions unless
hey are alse reduced in corresponding