Burlington hawk-eye. [volume] (Burlington, Iowa) 1845-185?, 1845-11-13

dllVbiiCts
In 1921. when the duties wer.
low. under what issaid BY IN.
anti-iarlffiles to have been .,
revenue tariff" the price Of
cotton per pound was a..
In 1925, on The other hand. III.
year after The first protective
tariff, according to The sam.
authority. was imposed. il
rose as if in defiance Of ,bu
wonderful theory to a.
In 1929, The duties remaining
unchanged, il mosl strangely
fell TO only n,
But if these freaks be remark.
bic, still more 10 be wondered
al is it that whereas in 1896
the price of cotton was Ia.
IL fell again in 1910. when the
duties were much lower, 100
per cent, or 10 4.
We appeal to The judgment \.
country 10 say if this new tangled N
Is not thus cot mp root and branch! 4
after this exhibition OF facts, vic I
we before remarked, we have cuIE \
a document that, strange 10 say, wi
tended TO establish il bevond al I'd
who, we say, will bring nj
sanity into question BY insisting u
dogma SO absurd aud prepssrb
dogma thas conir addicted by nun n
and lncuntroyerlable faclsl In Il
philosophy. we are sure he Eo Y
deemed a madnan who would yr v
any thing as cause the e1ssiI d \
were 50 variable and conflicting
we shonld we loo. TO- les, cera
POLITICAL philosophy, we have n
learn.
Bat, Il anything more be sufrf
show thai ;he vaine of orr doms;
dncts, 20 far IL foreign markets "
rrrned - wholly ind=panden, Of
#, ( IL shown by another fact u
We vii briefly advert. Il muasH
Gus, & th,; value iluctuales with NJ
OF duty, thai w heneyer iobaccn rOafA
high price, -four aud colioa a
necessity do the same, and iha, vi
either one OF them is selling low,
ers cannot escape the depressing
which dIminishes its value. II
slble, if the prices of produce srs
ant on the tariff. that one Of ihers
prosperous while the others are III
ed in value. But is thai she asl
otherwise. Let US see.
In .s2I, when the averag,
-four fas only 81 06 per barsL
than il has ever been since lsf
value of cotton was l6 cents per
highest point i. has ever resehst
in 1925. the year after higher dur
imposed, when i, was 30 cents.
it accounted for, that while acar'
low, cotton was so high, if ihp
fluences alike the value of both Ii
Again: In 1887, when -four VIZ
its highest valuation, tobacco va
at its io,cest, being only S5S pr
And il is a most remarkable facL
shown by the table in the Reps
of Monday last. that while foai
valne, from 1896 10 1887. from
$50 Tor S2,5 81 cents) per barrel
fell, within the same period o. iln
s92 to s5s Tor $34) per hogshs'0
occasloned this augmentation 10
of -four. and this decline IN tasF
tobacco. pari passu? Did Ills =.
(the tariff produce these GAM
opposite effects al the same n''
Such an assumption is suprene'y
lous; and we can only accopr
being entertained a single mon'.
fact that those who advance w
have not carefully scanned Toe ~
which they rely 10 sustain u.
The facts above cited show W
ly not only what is mol die eau
and low prices Of produce, Ou'.
il, il moi the sole, the most posD
Demand and supply" are es.
most efficient regulators q p''s.
absence Of influential exlrahso'
tances. indeed they are WV
regulators. When the ordih'1
production OF any article -
| ordinary annual CONSUMPTION
| of wears, a sudden diminutIoa
ply. by unfavorable seasons WI
augmentation OF priee--ano
| other hand, when sor . sefs.
| there is over productions 50 w
keis become gluued, prices " W
fall, and no advance can be exc g,E
the stock shall be reduced IN
however. in a country ike li'
npon The state of The currency
ton, by excessive bank e.
resulted after The desiruc'o" 5
tloHal Bank. AMI the conseqoes., ~
denied multiplication Of o'A" ~ Y
necessarily cause an adsanss rb
of produce as well AZ q ess', l
modify. to be followed Y ,fsss
there he a great Withdrawn ""