Indiana State sentinel. [volume] (Indianapolis) 1841-1853, 1845-10-23
Tariff.

| Tariff.
| You in favor OF . tariff for revenue :"
| "Ceusiny. What do you mean by tariff for reve-
! nuei"
"A .rf which will bring in no more reveno. than me
wants OF The government require
Il am in favor of that No republic should impose
But don't we want all The money which the pre.en,
: tariff pays ini'
Certainly we want ii-partieulsrIy if to 6gh,
"well then. the present tariff is revenue tariff Sup.
pose reduce the tariff so per cent?"
"Well what then !"
"Must not import twice the quantity Of goods 10
produce as much money have under the existing
tariff"
"CenainIy"
"WeI, then, shall import twice ss much goods an
we want or can SELL and then overirade and in
debt to Engahd-Or sell 10 any one-neyer get psd-ibe
banks expand the OF Importation and then
we burst up we did in 1886"
ave be prudent that's all; the tariff must be re-
duced to the revenue standard; follow par
with all my heart if its party question Sunday
Ifme..
This dialogue would approach the truth much more
closely If it ran as follows:
"You are in favor of tariff for revenuet"
'sCertainly."
'".What do you mean by tariff for revenue :"
"a tariff levied with the exclusive object of OBJ
tanning sufficient for the support Of an econom-
ical government in manner to be the least burden
some to the people, and interfere the least with their
private concerns"
81 am in favor of that-a republican government
should confer no special privilege"
"But don't we want all the money which the pres
ent tariff pays in -
Certainly and want about $1,000, 600 per an
mum more"
"Wel then, the present tariff does not yield
enough 2"
mo. The consumption of goods is so far dimin-
ished by the high tax that the is diminished
Suppose reduce the tariff to 80 per cent. all
round %
"Well, what then ,"
"Must We not import twice the quantity of goods
to produce as much money we have under the ex-
listing tariff"
Certainly"
"Wel then we shall import twice as much goods
as we want, and then overtrade," &c.
THAT is an entire fallacy. 1t may happen, in
one year or six months, owing 20 large bank credits,
that people buy more goods than they sell,
sumo more than they can pay for. When, however,
goods are cheap the consumption increases, and when
ii does so BEAUTIFULLY the imports may swell to any
conceivable amount, and their only effect will be to
enhance the exports of produce payment. An i'm
port Of SS3,0OO,0O0 gave this year S27 100000 of
revenue. With low tax Sl66, 900 900 of imports
would have given $50 100000 revenue. The remit
tances of the proceeds Of these imports would have
created demand for and raised the price Of farm
produce all over the country probably $50, 900 900 la
addition to the value of the exports. 1t is on this
principle that all the manufacturers of England petit
toned for removal of the tax tea, sugar, coffee
and all foreign produce because experiece has taught
them that to promote the consumption of that produce
in England is the only mode of obtaining pay for
their own sales out of England. What then is the
result Is il not that every enjoys double the
quantity of the comforts of life for the amount
Of labor that he would if tax equal to the cost Of
the article is charged him for the consumption 7"
why yes, that clear, but where is he to get
employment ~ THAT is natural question to one
VINO does not reflect that if by the removal of taxes
the quantity of all the goods in the world is doubled
Just double the employment Will be necessary to pro-
duce them, and that therefore double the number Of
people will be required to produce them. Let take
the case of the Lowell factories. They reported
follows:
Yard. Cloth made, 7ss s ,i fts s s D''.''
M vsS: p sG'''''' cs sssS d. ssss IS ss s
Now these people made "a, 141 600 yards of cloth,
which the tax is cents per yard, and do it they
employed 5,345 girls. Now, if that tax was remov-
ed the consumer would get two yards for the same
money that he now pays for one. The consumption
would be doubled and their would sell l44,-
2S3 200 yards. which would employ 10000 girls to
ma Ike ii. and their wages would amount to S97l 800
at the same rates as now they have been reduced 12i
per cent since the new tariff Now let ms see how
this would operate The capital of these factories is
s., 100000 and yields 20 per cent dividends which
amount TO 81, 100000. Now if they sold double the
quantity of cloth it would SiS5, 99o more for
wages and S228, goo more for cotton. These two
items make S7l3, 1896, which deducted from actual
dividends leaves 81 O66, 005 the dividends S.
100000, or II per The government tax, there
fore, has other effect than to deprive consumers of
"a, GOO yards of CLOTH throw 5,345 girls out of
employ destroy the consumption Of p, $780, 600 lbs
of cotton send it to England to be consumed, and
to put the cost Of the cotton and the wages of the
girls into the pockets of four five inordinately
wealthy stockholders in factories" "ThS is certain
| ly new view Of the matter to me- The tariff advo-
Gates that is to promote employment, but see al
ready that the cheaper goods the more they will
| be consumed, and the more there is consumed the
more must be made."-N. Y Ners.
OETThe following is table Of exact distances
from Natchtoches, Louisiana, to Washington, Tex
as, as ascertained by actual measurement:
! Mules.
From Natchitoches to Fort Jesup, 70
Fort Jesup to Affords, 134
! Affords to Sabine River, lit
Sabine (Ganes's Ferry to Milan, Z
Milan to San Augustine, IL
San Augustine to the Attoyac River, IL
Attoyac to Nacogdoches, -
Nacogdoches to Douglas, 10
Douglas to the Angelina River, 50