The daily union. [volume] (Washington [D.C.]) 1845-1857, 1845-10-03

If which New York then owned 100000 80, and
Boston 2O3,6l5 81.
wenty-four years, the tonnage Of the United States
has ony increased from about 1866, 1000 to 2,O96,-
900 tons; or, in twenty-four years that branch of
national industry has not doubled, while many
. others have quadruped. The first tariff of any mag
nltude was imposed at the close Of the war; in 1916,
being increased in l624'25, again in 1928, and in
| 1882 gradually Appropriated to 20 per cent. ad
valorem in June, 1912, and re-enacted at as high
rates as ever in September following, the same year.
by the casting vote of one man. It was passed full
Of gross mperfections, such as Mr. Clay himself
declared would require revision and modification,
and which his friends now avow II to be their pur-
pose TO maintain, with all its determines and in
equales.
For twenty-four years has the shipping interest
Of the country suffered, by the repeated enactments
of restrictive tariffs. While population, agriculture,
and manufactures hi eebed, and in cases near
" quadrupled, we find our tonnage has failed to
double. Had our shipping interest kept pace with
other pursuits, we ought in this time to have re-
gistered from four to fine millions of tons; and to
have doubled our present exports in value, and re-
ceived in exchange larger amount Of the produce
OF other countries for consumption. 1t is estimated
that the duties levied under the present tariff on
articles which enter into shipbuding, equal to
IS per ton; which, vessel of 600 TONS is equal to
$4,000. This tells in favor of Bremen and other
European ships, against us, which increasing
in ports every year, and taking freight from our
own vessels.
English ships can draw their stores, when pre-
pairing for voyage, duty free; while our vessels
are compelled to pay the full amount of duty on all
they consume. Vessels can land full cargoes in
English warehouses, keep them there for year
or So and assert them for reshpment to other ports
duty free, chargeable only with warehouse fees;
or, if removed for home consumption, the duties
are only paid at that time, in cash. With us, all
goods landed for reshipment have to be en-
tered under debcnture bonds, and, when cleared
must pay duty of 81 per cent; which, in
effect, is bounty in favor ofthe business of the
English warehouses; All other goods landed are
not allowed to be overhauled or assorted. They
must be Immediately entered, and the duties paid
down in cash, although it may take year to dis
pose of the cargoes, and reimburse the merchants
for the outlay of cash duties. Had we liberal
warehousing system, our ports would become impor-
tant points for other nations to deposte goods for
assortment and reshipment TO various places in
South America and to Canada.
The interest of commerce is the interest of the
agrcuturist II commerce fourishes, agriculture is
benefited. fyou crush one, you crush the other.
The Episcopal convention adjourned sine die yes
terday, after adopting measure to provide against
the future contingency of case similar to Bishop
Onderdonk.
DR.. Boughton, alias "Big Thunder has been
found guilty. and sentenced to the State prison for
liG.
The feeling at the first sale of the stock board
to-day was heavy. This afternoon there was
slight rally in prices.
The Hon. WIN. Preble has been elected president
OF the Atlantic and ST. Lawrence railroad.
understand VIM. B. Aston, esq, to-day SUBJ
scribed for $4,000 of the stock of the Erie rail-
road. His father, John Jacob, had previously sub.
scrbed for $4,000
Only Sl5O,0O0 remain Two shares of the old
stock are only equivalent one ofthe new; and not
f,ro, as accidentally stated in former letter.
The produce market is without change; and will
probably remain SO till the arrival of the next
steamer.
pearls as do 475.