The daily union. [volume] (Washington [D.C.]) 1845-1857, 1845-11-05

THE TARrFF-No. =. "

THE TARIFF--No. Z. .
authorities IN favor efs propositions that duties enhance
p'iees7he s0sei II idrdiion eonsidsred.-B British
tataiicH The solution efihs problem ofse gorerm-
nieni involved IN the questions Of revenue and expen-
dit1t.-7hi American and British protective tariff
compared The present .ame,iean ia'iE piH d.tsai
| rershus, aud compel The Government 10 resort 10
direct iataiion--jur Clay erpeeis that such result
win JoiioiO from the eoniihuatiee Of The protective
system.
| In my last communication, in entering upon my
argument to show the enormous and absolutely
startling amount which, in order to get compare
lively small sum into the treasury, in the shape of
revenue, the people of this country are compelled
topay in the shape Of bounes 10 the manufacturers
and other protected classes, assumed the PROPOSE
ton "that the imposition of duty enhances the
price of the commodity on which it is imposed, in
a proportion very nearly the same as the amount
of the duty"
And also added, that ''nothing but folly or au-
dacity would prompt any person possessed Of sani-
~, to deny this proposition. The manufacturers
are not such wiseacres as to desire high Duties if
tuCy Wcto TCuuCc piiScc thOu lNOuc
but the smpetons and the knayes Of the protective
school advance such doctrines"
will now proceed to show that the wise men
and, presume my wing friends will insist, the
honest meh-of the protective school do not advance
such absurdiies Tor perhaps might, with more pro-
priety, say such hypocritical assumptons) as tina,
duties do no. enhance the price Of commodities on
which they are laid.
l will first call upon Henry Clay to testify-,he
eral Of the protective party, and the late il not the
present, embodiment" of the universal wing par
ty." In one of his speeches in favor of protcc-
tive tariff, he says:
The exporter Of article he invests its proceeds in
merchandise when brought home, he sell with fair
profit and consequently the wouid pay original
s Henry TTs sy iTS
Again:
Itherc any truth in political economy II cannot be that
result will agree with the prediction; for insueisd
proportion TO the reduction Of its price, and that general
hmay be taken as rule that hs duty article forms
portion 81 its priee.-Same volume, page la
The next witness | will cite, is the "godlike"
champion Of protccdon--no less a parsonage than
Daniel Webster. This gentleman, in speech in
the United States Senate, on the subject of the tariff
in 1924, says
Our whole annual consumption Of this article (ron) Is
supposed by the chairman oil the committee to be
$4,000 tons Let suppose the latter The Of
manufacture he estimates think st II 900 TONS The
pnd as a y nc an .gss
he price o. The home manufacture ths whole increase OF
raw material and upon an absolute necessary ofle The
bill proposes TO raise the duty from $40 to $2a so per
which would be equal to 81 $4,000 the whole annual
col that the pOin o Droh ion
which aimed at BY some gentlemen to be attained n.
a: as me- prs.
which they could supply themselves with the sr
Gle from other sources.
Twill next cite the testimony of the venerable cx-
President John Quincy Adams, also distinguished
advocate of protective duties In report made by
him, as chairman Of the Committee on Manufac-
lures, to the House Of Representatives, in 1882 he
says:
The doctrine that duties Of impost cheaper the price
the article: upon which they are levied to conflict
with the dictates Of The duty
bounty or premium to the domestic manufacturer. But
y whom Psia cert.iny sy the purchaser of,he sr
s marIs sasstans psd Ss Upon &c sss . ss@..
&C. s ons Ssa q s Il.
the repeal Of the tax must operate equivalent
nestle. The general and permanent effect must he
inersa, The Price The article 70 the extent Of the sdd
uoh'i 'u''' """ = 'i'"P"'1 " '"e eo"'""o'
might, perhaps, content myself with these high
authorities from the .aHeriean wing school; but
have also some British whig authorities, equally
as conclusive, to the source of which no American
wing can, with propricty, object.
The first British authority will quote is Sir Will
| ). ~.
liam BLACKSTONE, an author whose eloquent and
olausible euogies of the British government have con-
- 49, ~ o
. uor.rch;s, o. fsd.1,l;., md vho ,hsref,r. !. -
$500, S.m..;,. M, ~. Go, -. =.
nre SON, snrrsn,;,;on. coonou.n of NM. n. s.w.
by the merchant. although ultimately BY The esn:.s s,
hr There Is also anH,her ~ consequence a,
.dared indisputably certain that the earlier any tax
n tisder through %hose hand.
mus. have profit no. only on the raw material and his
iaa s which he advances 10 he government oiberw.s
he loses the and interest OF the which he