Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1845-08-25
REDUCTION or THE TARIFF Singular CUES

ktDl I HUN VI iiii' ann .'"o' -
Tn Secretary II The Treasury. in view Of tie pfnl"e
sed rfdnclian Ot ia. tariff has Addressed circular, IN
which be prounnds friy questions 10 The p"pfitidfs
and dfecofs Vt manufacturing establishments Throughout
The country The l.. ). Gazette thus notices some oil
ihesr questions, which II styles mot only as quite inI"f'
,lnfni. bat almost ridiculous
The annual rate OF prGt The capital invested 10
The n,anulaciurin2.o Why, how is the SECRETARY io
understand the circumstances under which the work has
been carried ON Some Of The factories that es sl5o.-
600 have been purchased or $4,000. and have thus
divided q OF per Ct per The firsi cost. and
tins has appeared uonstrous profit on the last rur'
chase.
Then the Secretary asks for disacton in che rate nt
prof on that part OF HE capital booced aud that "hi"h
is not borrowed" What an idea. and what has thai
10 do with The tanfl3
Another question is 10 the prfts Of the last three
years and whether these profits have been ~ihdnwn,
or converted nto taxed capital, Sc.
Now this is Of those questions which ARE decidedly
imperiineat.
The Secretary asks what quantity uf gods, "such
the questioned person makes, Is made IN The United
Slatesn
We think il would be neither easy polite 10 an
sver such query
The question then nccurs "If the duty on foreign
goods, such as you make, reduced 10 ~ z per
cent. and corresponding reduction all imports.
would you to abaldUn your business ar would
you continue ~
Now think that such q question could he easily
answered, but do not think 1t rH be very sum-
Meantime il the first part, relative 10 duty of II =
per cred 10 The affirmative where would
be the iron masters IN Pennsylvania 2
Bul here is PRIME question: one that must siarlle the
manufacturers
.'30th II it would Chat is the reduction 10 IL =
per cent? you abandon business, hat way
would you employ your captal2 "ll!l
Now the capital ri manufacturer is principally IN
his spinning enu,s. his mules, and his oos II would
imagine, be icu ioI hun To tell exactly what lac
would do with these curious conlrlvances. They would
not be wanted in Washington or Texas, We suppose
Certainly that thrlleth question is stumper Perhaps
;he Secretary could help the manufacturers out with an
answer, IT is question Of his asking. Possibly
old manufacturers Of Rhode Island could tell what
they will do with factories aud factory machinery when
the tariff is disturbed We shall certainly think deeply
this puzzler.
The 81 question. "Is there any business in which
you could engage, from which You could derive greater
profits, after reduction OF duties 10 II =
per cent ~
Perhaps Specializing in Texas scrip would be more
profitable.
! The sgd question asks, "wheihcr salt and iron are
not manufactured far from the ports 10 be oni
ol the way Of competition ~
| This question is rather weak 10 sustain
There western rivers with steam boats, and there
are eastern states with rail roads and canals.
"Amonnl Of capital employed, how much rea and
how much borrowed %
Is moi borrowed money redR Is not hundred thou
sand dollars. which A. borrows of b. to carry hi:
factory, real IN lis operation, the llt
which "a commenced business 2"