The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1846-07-31

msse1sst n DE Bsiss 10 ssiAs sxfssi and 40 H&stc
Ssps'ces mush bsyond THAR present limits
The operation and effect Of The tariff BILL Ia yet Ia
the perspective What they viii be no one deter
mine. The whole 10 theory The practical part of
the principly adopted In the formation of the new bill
may be far different from that anticipated the chances
that will be unfsvorabe than predicted bv its
sanguins friends far providing revenue for the
support of government is concerned. Tho new tariff
places an additional duty upon Injuries and reducs. h
duty upon articles generally used II Is argued tbs an
increased duty upon Injuries will not reduce thu con-
sumption, or restrict the mporaion; but we 6pd In all
classes Of society disposition enjoy the luxur.s of
this world to the fullest extent of their means and h
any article Is increased in price, correspondnr a.
crease in the consumption take place and In this
way the importation Of luxuries be reduced Wa
find this principle carried out in all things really No
cessary for the support of life We find particularly
demonstrated in the increased travel low prices create
An individual will make dozen pleasure excursions
when the expense of each may be only one dollar
whereas he would not make half adozen if the expense
ofeach was dollar and quarter Just SO in the CON
sumption of champagne, and other luxurss Tb,s NAV
appear very extraordinary to those who hsve never
given the subject even passing thought but never
theess true holy writ The consumption of neces.
res of ls appears to be governed and eguated upon
different principles II Is the first impulse get al we
rcauy want and tnen, II there be any surplus funds
to get those things which, although actually nsces
sary for the comfort Of lfs have very important in
nusnce upon our general enjoyment and happiness.
The new tariff is intended to cheaper the necessariss
Of life or articles Of general impo ted from foreign
countries, by reducing the duty upon them Az the ne
oessares Of life become reduced In cost there may be an
increase in the consumption Of Injuries upon the ground
that people generally make 1t rule live up to the full
extent Of their income. We way of increasing
tho consumption Of those articles upon which the new
tariff evies higher duty but this and this 10 doubtful
and uncertain. that would DO folly anticipate in
crease Of revenue from that source.
According to tho comparative statement Of duties
levied under the tariff act Of isa2 and those levied under
the act just passed. which published this morning.
appears that upon the principal articles of luxury the
duty under tho act OF st2 fifteen per cent under
the new act per cent increase of near
ly fifty per cent Upon articles Of general use the duty
under the act Of lsaa averages about forysx nor cent
and under the act twenty per cent At this rate the
average duty upon the aggregate importation under tho
tariff viii not exceed fifteen per With all the
mnimums and oil tho specific rates oths present act the
average nd valorem does not exceed twenty-five per
cent We do not hesitate q to predict at this
early day, deficient revenue every year the new tariff
il in operation.