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

might add many more articles to the lists above,
all showing the same disparity Of duty; but it is
unnecessary. The protecting duties" las they are
called by British wrtcrs) on nearly oil the different
kinds of manufactured articles, range from to 90
per cent; very few 60 up high as IS and 80 per
cent The corn duty--wkich is specific sliding
duty, varying in amount as the imperial average
price rises or fas--when highest, is but about 40
per cent This is also protecting duty The Brit
ish duties ON tobacco and sugar very much high
err but they are revenue duties merely there being
none Of these articles raised in the kingdom.
Now il is well known that British ingenuity has
been taxed TO the utmost to discover the rate Of
duty which will produce most revenue and on
most articles in the British tariff the duties are fixed
at from to 30 per cent; thus showing that il they
60 up to higher rates, they defeat revenue, by pro-
hibiting importation, or encouraging smuggling.
From Is to 20 per cent. may, therefore, be deemed
the average revenue standard of duty.
The average rates of duties under the American
tariff range far above that standard. Consequently,
they must encourage smuggling, prohibit importa-
tons, and defeat revenue. If those rates are con-
tinued, they will, in all probability, % far prohibit
importation, as 70 prevent the government from de-
irving anything like an adequate supply of revenue
from that source, and TO compel il to TO d.
RECT TAXATION; result contemplated as one Of the
fruits Of the protective SYSTEM by Mr.. Clay, as APP
pears by his speech delivered in 1870; with an ex-
tract from which, close my present number.
From the Iii. Speeches Of Henry Clay published BY Gree
isy aud MsEhath ef the New York Tribune rot Ipasea
VI.
any doubt the impoiiey Of government resting
Is eesisniiy aaeiatms tsmps u.s. by lis enormous
amount at time into extravagant expenditure and
s then e rs sns are Ia
PRAISES into expenses which we might avoid and
are e rsssas to avoid
sort Of perpetual between the interest OF the govern
ment and the iniere., Of the people Large mpcraons oil
the Golfers OF government and empty the pockets of the
the people and leave the treasury empty In the
the government will not be able much longer to rely We
all anticipate that shall have shortly some
r"saS to the total repeal Of The INTERNAL REVENUE
would have preserved certain parts Of IT, at least to b
ready 70 exclude foreign spirits altogether and substi
ue for the revenue levied them tax upon the spirits
Of foreign spirits do. BY the encouragement Of home
industry, you will BASIS OF INTERNAL TAXA
rona yielding as IN peace and mar We do not derive GU,
abe: abroad to psy taxes that depend. upon our wealth
and industry and ~ the same, WHATEVER MAY BIZ
THE FORM Of levying contributions"
In my next number, shall have something to shy
Of the cost Of manufactures in England and in thin
country, the wages Of labor in the two countries
| and other matters connected with those subjects
and in future number | shall examine and explod,
the wing absurdity embodied in the following max
i'm, viz: "lhe higher the duty, the lower the price,.
BUNDELCUND.